# Bester Neobroker in 2026 Trade Republic vs Scalable vs Trading 212 and More Compared Comprehensive comparison of top neobrokers in 2026 including Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+. Source: https://techiomax.shop/bester-neobroker-in-2026/ · based on the channel [Geldaura](https://www.youtube.com/channel/UCZMdEGKQGh2UFJZcNNQtFPA) · Video: [Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+)](https://www.youtube.com/watch?v=ELGE2jcN4RA) · 2026-09-28 ![Bester Neobroker in 2026 Trade Republic vs Scalable vs Trading 212 and More Compared](https://techiomax.shop/bester-neobroker-in-2026/bester-neobroker-in-2026.webp) ## Key takeaways - Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ are leading neobrokers in 2026 - The PFOF ban since July 2026 has shifted fees, trading venues, and interest rates - Order fees vary with some brokers charging no small order surcharges - ETF savings plans and crypto offerings differ markedly among brokers - Interest rates on cash balances and tax handling are key considerations The best neobroker in 2026 depends on your trading profile and preferences. Among the top contenders are Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+. Each offers distinct advantages in fees, trading venues, savings plans, interest on cash, crypto access, and tax handling. For a detailed side-by-side comparison and to register with a preferred broker, visit [best online brokers comparison at GeldAura](https://geldaura.com/vergleiche/beste-online-broker-2026/). ## Order Fees and Small Order Charges Order fees are a critical factor in selecting a neobroker. After the PFOF (payment for order flow) ban in July 2026, brokers have adjusted their fee structures and trading venues. 1. Trade Republic charges a flat fee of €1 per order with no additional small order surcharges. 2. Scalable Capital offers a subscription model with free orders up to a monthly limit, but small order surcharges may apply outside this. 3. Trading 212 provides commission-free trading but applies fees on certain instruments and small orders. 4. finanzen.net zero aims for zero commissions but may have hidden costs on some exchanges. 5. Smartbroker+ has competitive fees but includes some surcharges on minor trades. For example, a €200 order typically costs €1 at Trade Republic, while at Scalable Capital it can be free under the Prime subscription. A €1,000 order's cost varies similarly. Brokers that avoid small order surcharges are preferable for frequent small trades. Video: [Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+)](https://www.youtube.com/watch?v=ELGE2jcN4RA) ## ETF Savings Plans and Additional Features ETF savings plans (Sparpläne) are a major draw for long-term investors. The number and variety of ETFs available for savings plans differ: - Scalable Capital leads with the largest ETF selection and options like Saveback (cashback on orders) and Pie investing (custom portfolio pies). - Trade Republic offers a broad ETF savings plan range with low fees. - Trading 212 includes fractional shares and pies but has fewer ETF plans. - finanzen.net zero focuses on zero-commission ETF plans but with limited selection. - Smartbroker+ has extensive ETF plans but some fees apply. Saveback and pie investing help optimize savings efficiency and portfolio diversification, making brokers with these features attractive for passive investors. ## Interest Rates on Cash Balances Interest on uninvested cash in your brokerage account varies greatly: - Some brokers like Trading 212 pay higher interest rates but require the cash to be held in specific accounts or conditions. - Trade Republic and Scalable Capital offer modest interest with safe custody. - finanzen.net zero and Smartbroker+ provide minimal or no interest. Investors holding substantial cash balances should consider the broker’s interest policies to maximize returns. ## Trading Venues and Impact of PFOF Ban The PFOF ban in July 2026 changed how brokers execute trades: - Trade Republic and Scalable Capital now route orders primarily to Xetra and other regulated venues, improving transparency. - Trading 212 had to adjust its execution and price improvement models. - finanzen.net zero and Smartbroker+ also comply with stricter rules, affecting prices and speed. This shift benefits investors by reducing conflicts of interest and improving price fairness. ## Cryptocurrency Trading Not all neobrokers offer direct cryptocurrency trading: - Trading 212 and Smartbroker+ provide access to real cryptocurrencies. - Trade Republic also supports crypto trading with competitive fees. - Scalable Capital and finanzen.net zero have limited or no crypto options. Investors interested in crypto should verify the broker’s offerings and security measures. ## Tax Handling and Security All reviewed brokers comply with German tax laws and offer robust security: - Automated tax reporting and withholding are standard. - Deposit protection schemes safeguard client funds. Differences lie in the ease of tax document access and additional support services. ## Which Neobroker Fits Your Profile? Choosing the best neobroker depends on your investment style: - Frequent traders benefit from low fees and no small order surcharges (Trade Republic). - Long-term savers prefer large ETF savings plans and features like Saveback (Scalable Capital). - Crypto enthusiasts look for brokers with real crypto trading (Trading 212, Smartbroker+). - Cost-conscious investors might opt for finanzen.net zero’s zero commissions. Visit [GeldAura’s broker comparison](https://geldaura.com/vergleiche/beste-online-broker-2026/) for tailored recommendations. ## Useful Links - Best Online Broker Comparison at GeldAura: https://geldaura.com/vergleiche/beste-online-broker-2026/ - GeldAura homepage for independent finance tests: https://geldaura.com/ ## Conclusion The 2026 neobroker landscape is shaped by regulatory changes like the PFOF ban, evolving fee models, and expanding product ranges. Trade Republic, Scalable Capital, and Trading 212 stand out for their balanced offerings, while finanzen.net zero and Smartbroker+ cater to niche preferences. Your choice should align with your trading frequency, interest in ETFs or crypto, and fee sensitivity. This comprehensive analysis by GeldAura helps investors make informed decisions and optimize their brokerage selection. Check the latest updates and register via [GeldAura’s comparison](https://geldaura.com/vergleiche/beste-online-broker-2026/) to start investing smartly in 2026. ## Questions & answers **What are the main differences in order fees between the top neobrokers?** Order fees vary: Trade Republic charges a flat €1 per order with no small order surcharges, Scalable Capital offers fee-free orders under subscription limits but may charge small order fees outside it, Trading 212 has commission-free trades but fees on some instruments, while finanzen.net zero and Smartbroker+ have varying fee structures. Choosing depends on your trading volume and order size. **How did the PFOF ban affect neobrokers in 2026?** The PFOF ban stopped brokers from receiving payments for order flow, leading to changes in fee structures and trade execution venues. Brokers now route orders mainly through regulated venues like Xetra, enhancing price transparency and fairness but altering previously used price improvement models. **Which neobrokers offer cryptocurrency trading?** Trading 212, Smartbroker+, and Trade Republic provide direct access to real cryptocurrencies. Scalable Capital and finanzen.net zero have limited or no crypto offerings. Investors interested in crypto should select brokers with secure and regulated crypto trading platforms. **What should investors consider about interest on cash balances in neobrokers?** Interest rates on uninvested cash vary widely. Some brokers pay higher interest if cash is held under certain conditions (like Trading 212), while others offer modest or no interest. Investors keeping large cash reserves should factor this into their broker choice to maximize returns.