Head to head

Yuh vs flatex — which broker is better?

Yuh or flatex? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.

Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Yuh

One of Switzerland's best-executed banking-and-investing apps — as long as your orders stay small and your ambitions stay simple.

3.5

Group index 88/100Protection depends on your legal entity

FINMA

Stocks (per order): 0.5 %
Minimum deposit: None
FX conversion: 0.95 %

Visit broker Full review

flatex

One flat EUR 5.90 per order, free ETF savings plans and a German banking licence — the incumbent that actually competes on price.

4.0

Group index 79/100Protection depends on your legal entity

BaFin

Stocks (per order): €5.90
Minimum deposit: None
FX conversion: 0.35 %

Visit broker Full review

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

The verdict in numbers

Four decision axes, each derived from the recorded data.

Overall flatex takes it, 4.0 against 3.5 out of 5. flatex is the cheaper of the two: a reference EUR 5,000 stock order costs €5.90 there against €25.00. Yuh scores 88 against 79 out of 100 on the group index. Your account's protection depends on its legal entity. flatex covers more ground with 9 of 14 asset classes against 4. On platform and app flatex is ahead, 3.9 against 3.5 out of 5. Which one is right depends on which of these axes matters for your trading profile.

Overall score

Yuh: 3.5
flatex: 4.0 — Better

Costs

Yuh: €25.00
flatex: €5.90 — Better

Group indexNo winner

Yuh: 88 of 100
flatex: 79 of 100

Product range

Yuh: 4/14
flatex: 9/14 — Better

Platform & app

Yuh: 3.5
flatex: 3.9 — Better

Compare brokers side by side

Up to four brokers at once — every row a decision point.

Data as of: 30 Aug 2026

Best value in the row

Yuh · flatex
Criterion	Yuh 3.5 Visit broker	flatex 4.0 Visit broker

Overall score	3.5	4.0 — Better
Group index	88 of 100	79 of 100
Best for	First-time Swiss investorsMonthly ETF savings plansSmall and fractional ordersMobile-first everyday banking plus investingSwiss pillar 3a savers	Medium and large single ordersETF savings plan investorsCost-conscious German and Austrian investorsSpot crypto inside a regulated bankBuy-and-hold portfolios that stay fully invested

Regulation	FINMA	BaFin
Top-tier licences	1	1
Investor protection	CHF 100,000 — Better	€100,000
Listed group	Yes	Yes
Banking licence	Yes	Yes
Segregated client accounts	Yes	Yes
Negative balance protection	Yes	Yes
Audited financials	Yes	Yes
Disclosed regulatory actions	None	3
Founded	2021	2006
Headquarters	Gland, CH	Frankfurt am Main, DE

Fees	3.3	4.3 — Better
Safety & regulation	4.4 — Better	4.2
Trading platform	2.6	3.8 — Better
Product range	2.8	4.0 — Better
Mobile app	4.3 — Better	3.9
Research	2.2	3.3 — Better
Customer support	3.6	3.6
Deposit & withdrawal	4.0 — Better	3.6
Account opening	4.6 — Better	4.3
Education	3.2	3.6 — Better

Reference order EUR 5,000	€25.00	€5.90 — Better
Minimum deposit	None	None
Stocks (per order)	0.5 %	€5.90 — Better
US stocks	0.5 %	€5.90 — Better
ETFs	0.5 %	€5.90 — Better
Options	Not offered	Not offered
Futures	Not offered	Not offered
Crypto	1 %	0.6 % — Better
Bonds (order)	n/a	€5.90
Funds (order)	n/a	€5.90
EUR/USD spread	n/a	n/a
Index CFD spread	n/a	n/a
FX conversion	0.95 %	0.35 % — Better
Inactivity fee	n/a	None
Custody fee	None	None
Withdrawal fee	free	free
Deposit fee	free	free
Overnight financing	n/a	n/a
Other fees	Account, custody and cards: Free — Swiss IBAN, account management, custody, physical and virtual Debit Mastercard, contactless and mobile payments Securities commission: 0.50% up to CHF 10,000 (min CHF 1), 0.35% to CHF 20,000, 0.25% above CHF 20,000 Recurring ETF buy orders: Free on eligible ETFs; stamp duty, TER and sell-side fees still apply Digital assets: 1% per trade, free custody, 24/7 trading Currency exchange: 0.95% above the interbank (mid-market) rate Pillar 3a: 0.50% per year all-in, covering custody, fund TER, FX, administration and unlimited strategy changes +5	Account and custody fee: EUR 0.00 — depot, cash account, joint depot, second depot and foreign-currency accounts are all free Inactivity fee: None Interest on cash: 0.00% p.a. credit interest — the single biggest hidden cost at flatex Margin / Wertpapierkredit: 6.25% p.a. within an approved credit line; 9.50% p.a. on tolerated overdrafts Currency conversion: An absolute margin on the interbank rate: USD 0.0040 and CHF 0.0040 per euro, GBP 0.0020, CAD 0.0070, JPY 0.2600, SEK 0.0700, NOK 0.0240, DKK 0.0020. On EUR/USD in the 1.10–1.20 range that USD 0.0040 works out to roughly 0.33%–0.36% one way; we record 0.35% as the working figure Real-time quotes: 50 free quotes for new customers, then 25 per month plus 10 per executed order; EUR 0.01 per query beyond the free allowance +7

Asset classes (of 14)	4	9 — Better
Exchanges	n/a	40
Stocks	Yes	Yes
ETFs	Yes	Yes
Options	No	No
Futures	No	No
Forex	No	No
CFDs	No	Yes
Crypto	Yes	Yes
Bonds	Yes	Yes
Funds	No	Yes
Commodities	No	Yes
Indices	No	Yes
Warrants	No	Yes
Spread betting	No	No
Social trading	No	No

Platforms	Yuh app	flatex next (web)flatex next (mobile)flatex classicflatex trader 2.0stock3
Demo account	No	Yes
Fractional shares	Yes	Yes
Maximum leverage	n/a	1:30
Account opening	Fully digital in-app onboarding with a Swiss IBAN, for residents of Switzerland, Austria and Liechtenstein only (onboarding from other countries on hold as of August 2026); residents of Austria and Liechtenstein must fund with at least EUR/CHF 500 to complete opening	Fully online with video or eID identification; flatex advertises account opening in about five minutes
Account types	Yuh accountYuh&Me joint accountYuh 14+Pillar 3a	flatex DepotGemeinschaftsdepotKinderdepotAltersvorsorgedepotCFD-KontoFremdwährungskonto

Payment methods	Bank transferSEPA	Bank transferSEPA
Account currencies	CHFUSDEURGBPJPYAUDCADSEKHKDNOK+3	EURUSDGBPCHFCADAUDJPYSEKNOKDKK+2
Deposit time	Domestic Swiss and SEPA EUR transfers typically 1–2 business days	SEPA credit transfer, typically 1–2 business days
Withdrawal time	1–2 business days within Switzerland and the SEPA area	1–2 business days to the registered reference account
Free withdrawals	n/a	n/a

Languages	GermanFrenchItalianEnglish	German
Channels	PhoneLive chatTicket system	PhoneEmailTicket system
Availability	Swiss business hours; phone, in-app message and in-app chat support are all free of charge	Weekday telephone and e-mail support; flatex does not publish fixed service hours on its public contact page

Strengths and weaknesses side by side

Editorial assessment based on the recorded data.

Yuh

One of Switzerland's best-executed banking-and-investing apps — as long as your orders stay small and your ambitions stay simple.

3.5

Pros

Free Swiss IBAN, free account management, free custody and a free physical and virtual Debit Mastercard — the recurring cost of holding the account is genuinely zero
Recurring 'buy' orders on eligible ETFs carry no trading fee at all, which makes a monthly ETF savings plan effectively commission-free apart from stamp duty and TER
Fractional trading from CHF 10 on any available product, so an expensive share like Lindt or an S&P 500 tracker is reachable on a small budget
Banking services are provided by Swissquote Bank Ltd under a FINMA licence, with esisuisse cover up to CHF 100,000 and the Swissquote group listed on the SIX Swiss Exchange under SQN
Real digital assets rather than CFDs — coins listed on Swissquote's SQX exchange with Coinbase and Bitstamp for liquidity, at 1% per trade with free custody and 24/7 access
Multi-currency account in 13 currencies with free CHF and Liechtenstein transfers and free SEPA transfers in euros
Pillar 3a wrapper at 0.50% per year all-in including fund TER, FX, administration and unlimited strategy changes, which is competitive for a Swiss 3a solution
Account opening is fully in-app and takes minutes, with free phone, message and chat support afterwards

Cons

The 0.95% currency exchange markup is the dominant hidden cost: a CHF 5,000 purchase of a US share costs about CHF 47.50 in FX versus CHF 25 in commission, and you pay it again when you sell
Percentage-only commission scales badly — CHF 50 on a CHF 10,000 order and CHF 70 on a CHF 20,000 order, with no cap, against tiered Swiss brokers charging a fraction of that at the same size
App-only: there is no web platform, no desktop client, no API and no way to review or manage a portfolio from a computer
Product range stops at shares, ETFs, Themes, bonds and digital assets — no options, no futures, no forex, no CFDs, no margin and no mutual funds
Research is close to non-existent: no screener, no fundamentals suite, no analyst estimates; the marketing site outsources charts to embedded TradingView widgets
Cash in saving projects earns 0% in CHF, EUR and USD as published, and transfers outside the SEPA area are not supported at all

Best for

First-time Swiss investorsMonthly ETF savings plansSmall and fractional ordersMobile-first everyday banking plus investingSwiss pillar 3a savers

flatex

One flat EUR 5.90 per order, free ETF savings plans and a German banking licence — the incumbent that actually competes on price.

4.0

Pros

EUR 5.90 flat commission on German, US, Canadian and other foreign orders with no percentage component up to EUR 40,000 — a EUR 10,000 trade costs the same as a EUR 1,000 trade
All ETF and fund savings plans execute at EUR 0.00 commission with over 5,000 plans available and no cap on the savings rate
No custody fee, no account fee, no inactivity fee, and free incoming and outgoing depot transfers
Genuine spot crypto in around 25 coins at 0.6%–0.7% all-in, held inside the regulated German bank rather than as an ETN wrapper
Full German banking licence under BaFin and Bundesbank supervision, with an MDAX-listed parent (flatexDEGIRO SE, ticker FTK) publishing audited accounts and over EUR 100 billion in customer securities under custody
Tax-simple in both markets it serves: automatic German Abgeltungsteuer withholding and automatic Austrian KESt settlement at 27.5% on flatex.at
Free foreign-currency sub-accounts, so USD or CHF proceeds can be held rather than converted back at a spread every time
Fast onboarding — flatex advertises a five-minute fully digital account opening, and no minimum deposit applies

Cons

0.00% p.a. credit interest on cash balances. Competitors pay 1%–1.75% on the settlement or call account, so an investor holding EUR 20,000 in cash gives up EUR 200–350 a year that never shows up in any fee table
Currency conversion costs an absolute margin of USD 0.0040 per euro — roughly 0.35% — which is worse than Consorsbank's published USD 0.0030 and far worse than a multi-currency specialist
No Eurex or US options and futures trading at all. Certificates, knock-outs and Société Générale CFDs are the only leveraged instruments on offer
Real-time quotes are metered: 25 free per month plus 10 per executed order, then EUR 0.01 per query, and the professional flatex trader 2.0 platform costs EUR 15–39 a month on top
The EUR 5.90 floor makes flatex expensive for small orders — a EUR 300 purchase pays about 2% in commission before venue costs, where a EUR 1 neobroker charges 0.3%
Direct foreign market access is narrow: US, Canada, Euronext, Vienna, Zurich and Milan (sell only). There is no direct London, Tokyo, Hong Kong or Nordic access, and stock savings plans cost 1.00% of the rate

Best for

Medium and large single ordersETF savings plan investorsCost-conscious German and Austrian investorsSpot crypto inside a regulated bankBuy-and-hold portfolios that stay fully invested

Open an account with either

A demo account costs nothing and answers the platform question in ten minutes.

Visit broker: Yuh Visit broker: flatex

More comparisons

Alternatives people weigh up alongside these two.

Yuh vs flatex — which broker is better?

Yuh or flatex? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.

The verdict in numbers

Four decision axes, each derived from the recorded data.

Yuh · flatex
Criterion	Yuh 3.5 Visit broker	flatex 4.0 Visit broker

Overall score	3.5	4.0 — Better
Group index	88 of 100	79 of 100
Best for	First-time Swiss investorsMonthly ETF savings plansSmall and fractional ordersMobile-first everyday banking plus investingSwiss pillar 3a savers	Medium and large single ordersETF savings plan investorsCost-conscious German and Austrian investorsSpot crypto inside a regulated bankBuy-and-hold portfolios that stay fully invested

Regulation	FINMA	BaFin
Top-tier licences	1	1
Investor protection	CHF 100,000 — Better	€100,000
Listed group	Yes	Yes
Banking licence	Yes	Yes
Segregated client accounts	Yes	Yes
Negative balance protection	Yes	Yes
Audited financials	Yes	Yes
Disclosed regulatory actions	None	3
Founded	2021	2006
Headquarters	Gland, CH	Frankfurt am Main, DE

Fees	3.3	4.3 — Better
Safety & regulation	4.4 — Better	4.2
Trading platform	2.6	3.8 — Better
Product range	2.8	4.0 — Better
Mobile app	4.3 — Better	3.9
Research	2.2	3.3 — Better
Customer support	3.6	3.6
Deposit & withdrawal	4.0 — Better	3.6
Account opening	4.6 — Better	4.3
Education	3.2	3.6 — Better

Reference order EUR 5,000	€25.00	€5.90 — Better
Minimum deposit	None	None
Stocks (per order)	0.5 %	€5.90 — Better
US stocks	0.5 %	€5.90 — Better
ETFs	0.5 %	€5.90 — Better
Options	Not offered	Not offered
Futures	Not offered	Not offered
Crypto	1 %	0.6 % — Better
Bonds (order)	n/a	€5.90
Funds (order)	n/a	€5.90
EUR/USD spread	n/a	n/a
Index CFD spread	n/a	n/a
FX conversion	0.95 %	0.35 % — Better
Inactivity fee	n/a	None
Custody fee	None	None
Withdrawal fee	free	free
Deposit fee	free	free
Overnight financing	n/a	n/a
Other fees	Account, custody and cards: Free — Swiss IBAN, account management, custody, physical and virtual Debit Mastercard, contactless and mobile payments Securities commission: 0.50% up to CHF 10,000 (min CHF 1), 0.35% to CHF 20,000, 0.25% above CHF 20,000 Recurring ETF buy orders: Free on eligible ETFs; stamp duty, TER and sell-side fees still apply Digital assets: 1% per trade, free custody, 24/7 trading Currency exchange: 0.95% above the interbank (mid-market) rate Pillar 3a: 0.50% per year all-in, covering custody, fund TER, FX, administration and unlimited strategy changes +5	Account and custody fee: EUR 0.00 — depot, cash account, joint depot, second depot and foreign-currency accounts are all free Inactivity fee: None Interest on cash: 0.00% p.a. credit interest — the single biggest hidden cost at flatex Margin / Wertpapierkredit: 6.25% p.a. within an approved credit line; 9.50% p.a. on tolerated overdrafts Currency conversion: An absolute margin on the interbank rate: USD 0.0040 and CHF 0.0040 per euro, GBP 0.0020, CAD 0.0070, JPY 0.2600, SEK 0.0700, NOK 0.0240, DKK 0.0020. On EUR/USD in the 1.10–1.20 range that USD 0.0040 works out to roughly 0.33%–0.36% one way; we record 0.35% as the working figure Real-time quotes: 50 free quotes for new customers, then 25 per month plus 10 per executed order; EUR 0.01 per query beyond the free allowance +7

Asset classes (of 14)	4	9 — Better
Exchanges	n/a	40
Stocks	Yes	Yes
ETFs	Yes	Yes
Options	No	No
Futures	No	No
Forex	No	No
CFDs	No	Yes
Crypto	Yes	Yes
Bonds	Yes	Yes
Funds	No	Yes
Commodities	No	Yes
Indices	No	Yes
Warrants	No	Yes
Spread betting	No	No
Social trading	No	No

Platforms	Yuh app	flatex next (web)flatex next (mobile)flatex classicflatex trader 2.0stock3
Demo account	No	Yes
Fractional shares	Yes	Yes
Maximum leverage	n/a	1:30
Account opening	Fully digital in-app onboarding with a Swiss IBAN, for residents of Switzerland, Austria and Liechtenstein only (onboarding from other countries on hold as of August 2026); residents of Austria and Liechtenstein must fund with at least EUR/CHF 500 to complete opening	Fully online with video or eID identification; flatex advertises account opening in about five minutes
Account types	Yuh accountYuh&Me joint accountYuh 14+Pillar 3a	flatex DepotGemeinschaftsdepotKinderdepotAltersvorsorgedepotCFD-KontoFremdwährungskonto

Payment methods	Bank transferSEPA	Bank transferSEPA
Account currencies	CHFUSDEURGBPJPYAUDCADSEKHKDNOK+3	EURUSDGBPCHFCADAUDJPYSEKNOKDKK+2
Deposit time	Domestic Swiss and SEPA EUR transfers typically 1–2 business days	SEPA credit transfer, typically 1–2 business days
Withdrawal time	1–2 business days within Switzerland and the SEPA area	1–2 business days to the registered reference account
Free withdrawals	n/a	n/a

Languages	GermanFrenchItalianEnglish	German
Channels	PhoneLive chatTicket system	PhoneEmailTicket system
Availability	Swiss business hours; phone, in-app message and in-app chat support are all free of charge	Weekday telephone and e-mail support; flatex does not publish fixed service hours on its public contact page

Criterion

3.5

4.0

Overall score

3.5

4.0

Group index

88 of 100

79 of 100

Best for

First-time Swiss investorsMonthly ETF savings plansSmall and fractional ordersMobile-first everyday banking plus investingSwiss pillar 3a savers

Medium and large single ordersETF savings plan investorsCost-conscious German and Austrian investorsSpot crypto inside a regulated bankBuy-and-hold portfolios that stay fully invested

Regulation

FINMA

BaFin

Top-tier licences

Investor protection

CHF 100,000

€100,000

Listed group

Banking licence

Segregated client accounts

Negative balance protection

Audited financials

Disclosed regulatory actions

None

Founded

2021

2006

Headquarters

Gland, CH

Frankfurt am Main, DE

Fees

3.3

4.3

Safety & regulation

4.4

4.2

Trading platform

2.6

3.8

Product range

2.8

4.0

Mobile app

4.3

3.9

Research

2.2

3.3

Customer support

3.6

Deposit & withdrawal

4.0

3.6

Account opening

4.6

4.3

Education

3.2

3.6

Reference order EUR 5,000

€25.00

€5.90

Minimum deposit

None

Stocks (per order)

0.5 %

€5.90

US stocks

0.5 %

€5.90

ETFs

0.5 %

€5.90

Options

Not offered

Futures

Not offered

Crypto

1 %

0.6 %

Bonds (order)

n/a

€5.90

Funds (order)

n/a

€5.90

EUR/USD spread

n/a

Index CFD spread

n/a

FX conversion

0.95 %

0.35 %

Inactivity fee

n/a

None

Custody fee

None

Withdrawal fee

free

Deposit fee

free

Overnight financing

n/a

Other fees

Account, custody and cards: Free — Swiss IBAN, account management, custody, physical and virtual Debit Mastercard, contactless and mobile payments
Securities commission: 0.50% up to CHF 10,000 (min CHF 1), 0.35% to CHF 20,000, 0.25% above CHF 20,000
Recurring ETF buy orders: Free on eligible ETFs; stamp duty, TER and sell-side fees still apply
Digital assets: 1% per trade, free custody, 24/7 trading
Currency exchange: 0.95% above the interbank (mid-market) rate
Pillar 3a: 0.50% per year all-in, covering custody, fund TER, FX, administration and unlimited strategy changes
+5

Account and custody fee: EUR 0.00 — depot, cash account, joint depot, second depot and foreign-currency accounts are all free
Inactivity fee: None
Interest on cash: 0.00% p.a. credit interest — the single biggest hidden cost at flatex
Margin / Wertpapierkredit: 6.25% p.a. within an approved credit line; 9.50% p.a. on tolerated overdrafts
Currency conversion: An absolute margin on the interbank rate: USD 0.0040 and CHF 0.0040 per euro, GBP 0.0020, CAD 0.0070, JPY 0.2600, SEK 0.0700, NOK 0.0240, DKK 0.0020. On EUR/USD in the 1.10–1.20 range that USD 0.0040 works out to roughly 0.33%–0.36% one way; we record 0.35% as the working figure
Real-time quotes: 50 free quotes for new customers, then 25 per month plus 10 per executed order; EUR 0.01 per query beyond the free allowance
+7

Asset classes (of 14)

Exchanges

n/a

Stocks

ETFs

Options

Futures

Forex

CFDs

Crypto

Bonds

Funds

Commodities

Indices

Warrants

Spread betting

Social trading

Platforms

Yuh app

flatex next (web)flatex next (mobile)flatex classicflatex trader 2.0stock3

Demo account

Fractional shares

Maximum leverage

n/a

1:30

Account opening

Fully digital in-app onboarding with a Swiss IBAN, for residents of Switzerland, Austria and Liechtenstein only (onboarding from other countries on hold as of August 2026); residents of Austria and Liechtenstein must fund with at least EUR/CHF 500 to complete opening

Fully online with video or eID identification; flatex advertises account opening in about five minutes

Account types

Yuh accountYuh&Me joint accountYuh 14+Pillar 3a

flatex DepotGemeinschaftsdepotKinderdepotAltersvorsorgedepotCFD-KontoFremdwährungskonto

Payment methods

Bank transferSEPA

Account currencies

CHFUSDEURGBPJPYAUDCADSEKHKDNOK+3

EURUSDGBPCHFCADAUDJPYSEKNOKDKK+2

Deposit time

Domestic Swiss and SEPA EUR transfers typically 1–2 business days

SEPA credit transfer, typically 1–2 business days

Withdrawal time

1–2 business days within Switzerland and the SEPA area

1–2 business days to the registered reference account

Free withdrawals

n/a

Languages

GermanFrenchItalianEnglish

German

Channels

PhoneLive chatTicket system

PhoneEmailTicket system

Availability

Swiss business hours; phone, in-app message and in-app chat support are all free of charge

Weekday telephone and e-mail support; flatex does not publish fixed service hours on its public contact page