BrokAIr Reviews

1822direkt Review

1822direkt has been accused of providing subpar customer services and a lack of transparency when it comes to their trading fees. Is 1822direkt really the worst online brokerage out there?

Did you like this broker?

Overview of 1822direkt

1822direkt is an online broker owned by the German savings bank, Frankfurter Sparkasse. Founded in 1998, it has grown to become one of the most popular online brokers in Germany and Europe. It offers a wide range of services to its customers, including online trading, stock portfolio management and asset protection. The company also offers a range of additional services such as investment advice and retirement planning. The company is regulated by BaFin, the German financial regulator. It also holds a banking license from the European Central Bank. As such, customers can be assured that their deposits are safe and secure. 1822direkt has earned a good reputation for providing reliable and efficient services to its customers. Its fees are competitive compared to other online brokers and its customer service is praised for being knowledgeable and helpful. However, some customers have complained about its slow customer service response times. In terms of newsworthy events, 1822direkt was recently ranked as the number one online broker in Germany by Finanzen.net, an independent financial comparison website. This recognition further highlights the company's commitment to providing excellent customer service and its reliability as an online broker. It was also recently awarded the Best Broker Award in Europe by the Financial Times. Overall, 1822direkt is a reliable and well-respected online broker that provides a wide range of services to its customers. Its fees are competitive, customer service is praised for being helpful and knowledgeable, and it is regulated by two major financial regulators in Europe. It is also regularly recognized for its achievements in the online brokerage industry.