English-language online brokers in Germany

Hi everyone,

I am wondering if anyone here is using an online broker. I looked at online brokers like http://www.consors.de etc. but none of them also have their services in English. Does anyone know of such an online brokerage and can recommend one?

-mag

Have you looked at Citibank Germany?

http://www.citibank.de

Their website is in German, but for online banking, you can opt for either German or English.

Hello Toytown,

Has anything changed since 2005? Anyone know an online broker with an English interface?

Thankyouplease.

Try etrade.de

https://de.etrade.com/e/t/de/home

The account contract may still be in German.

Yes, it is in German as of yesterday, but pretty straightforward nonetheless. It looks like a good service. No minimum required. Does anyone have some experience with Etrade Germany to share?

Hi

We are looking for a finance advisor in germany who speaks English has anyone had any dealings with Chambervelt, Rooselain & Cie Ltd

thanks

Yes - I am interested in this topic as well. I am an American and have been living here since 2001. I have done a bit of research on online brokerage and E-Trade seems to be the ticket. I plan to contact them this week to see what the ins and outs are for an American abroad registering for an account.

If anyone else has any information or guidance that they feel would be useful please pip in...thanks...Rich

I'm working in this field and I can try and help you out. But first I'm asking myself why would anyone want a german broker? They are usually extremely expensive, even for self-traders, and for investors most german brokers will flush your money out in 6-12 months. Trust me, I really know what I'm talking about.

Depending on what you want to do and how much you want to invest, or where you want to trade, I can reccommend the following:
- self-traders germany: flatex
- self-traders US: Terra Nova Financial or optionsxpress. E-Trade and TD Ameritrade might be a little bit cheaper, but their support and clearance is disatrous.

for investors I can only speak from personal experience, as I do know both companies personally and can vouch for both of them:
USA (Futures only) : APPL International - NY
Germany (Düsseldorf - stocks, options, futures and fonds only): JMS Investments. JMS Investments actually has lower commissions for investors (managed accounts) that some german brokers (no name-calling ) for self-traders... and a very decent and real performance.

The last one I have worked very much with, as I helped them get some good deals for clearing in the US.

Don't hesitate to ask me anything related to finances (except for signals or analysis ), will be more than glad to help.

Furthermore as a small warning: stay away from german LTDs.

If you want to know more about Chambervelt, Rooselain and Cie. Ltd (it is a British limited active in Germany, not a German Ltd btw) just check under "starshollow" what advice is giving freely and over a long period here on Toytown to the community if you want to get an idea about ethics, trackrecord and so one. of course this advice is entirely biased because I am "Starshollow" and active for CR&Cie.
Kobe: I would feel much better if you would advertise your services for real here on Toytown like many other dedicated advisors do - in that case we could now if you are licenced to give such advise according to § 34 GewO or not- because as you correctly hint out, there are many sharks in the water praying on the hapless and naive investor..
.
Most people in this thread look for online brokerage - something we do not offer at CR&Cie at all. But we are independent financial advisor and will work out a general strategy for your investments, including checking if all your major risks are covered (health, income protection against occupational disability as well as third party liability). All other approaches are gambling and we do not do that... neither with our own money nor your own ;-)

If you think about seriously investing, the real process is
1. to find out if all your major risks are sufficiently covered, because the greatest profti from investments is for naught of you fall into a risk-trap later and lose everything for lack of a simple and inexpensive insurance. For lack of a nail....
2. then you should find out if you can turn money otherwise lost to taxes into investments/pensions. Some of the yields of such investments can be 30-40% over long time to come, hard to beat with loads of very risk investments
3. once that is done you can and should develop short, medium and long term investments goals and build up a strategy around these goals accordingly.

Help of an independent advisor might be good to streamline this whole process - just make sure that they are neither tied nor multi-tied agents like most in German finance are.

Cheerio

Unfortunately for you that was personal advice
I do not offer any services for forum members, and my advice is free.

And my answer was more relevant to the question, no offense

ok, tks for the clarifcation... I do not doubt that you can give valuable advice/help to others of a private nature who also want to deal in shares, derivatives or so... it can be fun if someone knows what he does and you obviously do. Good luck

Cheerio