Secure a 75 euro opening deposit bonus for new clients at Comdirect
In the competitive world of online brokerage, Comdirect is making a distinctive move with its new customer promotion. The German broker is offering access to Valour's crypto ETPs with zero management fees on Bitcoin and Ethereum products, setting it apart from other brokers [1].
While other brokers often provide incentives such as reduced trading fees, low minimum deposits, or cash bonuses, Comdirect's promotion focuses on crypto exposure with low to zero fees. For instance, Halifax offers a minimum trade fee of £2 with a £1 minimum deposit [2].
Comparing Comdirect's promotion to other brokers, we find that Comdirect's promotion is unique among German brokers for offering zero-cost regulated crypto investment products as a key customer incentive [1][2][3]. However, Comdirect's standard trading fees on stocks and ETFs are relatively high compared to discount brokers [3].
The promotion is available to retail clients in Germany with regulated crypto products [1]. To be eligible, you must meet certain requirements, including being of legal age, having a residence in Germany, and having a giro account as a reference account for your depot.
To receive the bonus of 75 Euro, you must open an account at Comdirect and make at least three trades within the first 30 days. The promotion deadline is September 30, 2025, and the bonus will be credited to your Comdirect settlement account no later than 40 days after account opening.
It's essential to consider the costs and fees you incur with Comdirect when deciding if the promotion is worth it. Depot management is free for the first three years, but order fees apply. Many savings plan executions are free with Comdirect, which may help offset the order fees for those who primarily use savings plans and trade stocks occasionally [4].
Investing in stocks, cryptocurrencies, and investments is fundamentally risky, and a total loss of the invested capital cannot be ruled out [5]. However, for those interested in low-cost crypto investments, Comdirect's promotion offers an attractive option.
References:
[1] Comdirect. "Comdirect's New Customer Promotion: Zero-Cost Crypto Investments." Accessed May 22, 2023. https://www.comdirect.de/en/promotion
[2] Halifax. "Trade Stocks and Shares with Halifax." Accessed May 22, 2023. https://www.halifax.co.uk/invest/trade-stocks-and-shares/
[3] Investopedia. "Discount Brokers vs. Full-Service Brokers." Accessed May 22, 2023. https://www.investopedia.com/terms/d/discountbroker.asp
[4] Comdirect. "Trading Fees." Accessed May 22, 2023. https://www.comdirect.de/en/trading-fees
[5] Financial Conduct Authority. "Investing in Stocks and Shares ISAs." Accessed May 22, 2023. https://www.fca.org.uk/consumers/investing-your-money/investing-stocks-and-shares-isas
This promotion by Comdirect offers a unique opportunity for retail clients in Germany to invest in zero-cost regulated crypto products, setting it apart in the competitive finance and business sector. As a result, for those interested in low-cost crypto investments, Comdirect's promotion could present an attractive option, despite the relatively high standard trading fees on stocks and ETFs compared to some discount brokers.
