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Largest broker test in Germany: Newcomer Smartbroker wins Bronzec twice

The Smartbroker team can look forward to two new awards: In the “Broker of the Year” election, the newcomer from Berlin won bronze in a very close race. The consumer portal Brokervergleich.de once again called on its users this year to determine the best provider in several categories.

A total of 71,807 investors took part in the virtual vote between July and September 2020, as Mario Hess, press spokesman for Brokervergleich.de reported during the digital award ceremony. This is a new record, said Hess. The survey is therefore “by far” the largest broker choice in Germany. This year there were 42 online brokers to choose from, plus 30 robo-advisers. The result is made up of 50 percent of an editorial evaluation by Brokervergleich.de and the vote of the investors.

Close race for the top places

During a live stream on YouTube, Hess announced the top 3 in the various areas: The Smartbroker, which only started in December 2019 was able to take third place in the important category “Funds and ETF Broker 2020”. And also in the main category – the choice of “Broker of the Year” – the Berliners secured a place on the podium. First place this year went to comdirect (4.40 points), followed by Consorsbank (4.35 points).


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“Smartbroker, the online broker of wallstreet: online receives an average of 4.34 points from customers and test editors. Thumbs up! ”Wrote the jury in their assessment. Press spokesman Hess went a little further on YouTube: the focus of the customers was “of course the fees, which can hardly be undercut with” from 0 euros “per order”. “Smart broker combines low fees with a wide range […] In addition to around 18,000 funds, the range also includes stocks, bonds, ETFs, certificates and warrants, ”the website continues.

With a view to the “Funds and ETF Broker 2020” category, Brokervergleich.de writes: “In particular, the fee range that has been gained by a considerable margin ensures this successful entry. Since the range of products and services were also rated positively by the majority, the Berlin online broker earned bronze. “According to the broker experts, with a few small improvements it can” even go further up “in the future.

Smartbroker Board Thomas Soltau is happy about the new awards: “The test result is extremely close. The fact that we are on the podium immediately after well-known brands such as comdirect and Consorsbank is further evidence of how well our broker is received and what our great Berlin team has achieved this year. My thanks also go to all participants in the survey. Your feedback is important for many investors and of course for us too. We want to continuously improve and take first place next year! “

Author: F.R.

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