Best for low fees in Germany (2026)
7 services are confirmed available in Germany for low fees. Wise ranks highest under this scenario.
Last updated 15 August 2026 · oldest check 19 June 2026
Data reviewed by Ilya ChernetskiyFounder and editor, nomoneda
Ranked picks for Germany
- 1
True mid-market FX
- 2
Deposit protection: DGS €100k (DE) per partner bank — cash held in escrow at partner banks; liquidity-fund balances not DGS-covered
- 3
Investment platform paying interest on uninvested EUR cash plus access to money-market funds
- 4
Deposit protection: DGS €100k (BE)
- 5
Deposit protection: DGS €100k (DE)
- 6
Deposit protection: DGS €100k (ES — Fondo de Garantía de Depósitos)
- 7
Low-cost multi-currency account
Available in Germany
| Service | Availability | Score for low fees | Holds USD | Docs needed |
|---|---|---|---|---|
| Wise | Available | 89 | Yes | No local address needed |
| Trade Republic | Available | 80 | No | No local address needed |
| Lightyear | Available | 78 | Yes | EEA residency; fully remote |
| Aion Bank | Available | 76 | No | No local address needed in supported markets |
| DKB | Available | 74 | No | Needs Anmeldung/German address; remote opening with German docs |
| Openbank | Available | 72 | No | Needs NIE/residency in supported market; fully remote |
| Paysera | Available | 72 | Yes | No local address needed |
| Wise | Not confirmed | 96 | Yes | DNI+CPF |
| ActivoBank | Not confirmed | 87 | No | Needs NIF/residency; largely remote opening |
| Monzo | Not confirmed | 84 | No | Needs Irish address |
| BoursoBank | Not confirmed | 83 | No | Needs French address; remote opening with French docs |
| EBN Banco | Not confirmed | 80 | No | NIE/residency in Spain; checking account required to open a deposit; fully remote |
| Pibank | Not confirmed | 78 | No | NIE/residency in Spain; fully remote |
6 further services may work in Germany, but we hold no country evidence either way. They are listed and marked — never ranked, never recommended.
How we decide what is available in Germany
A country list may remove a service from this page only when it is evidence. We hide a service from Germany when the provider excludes it, or when it is absent from a list we know to be complete. Where we simply have not collected the country data, the service stays: hiding it would quietly delete exactly the services we have researched least.
- AvailableThe provider's own country list reaches this country. That is eligibility to apply — not a guarantee that your application is approved.
- Not confirmedWe hold no country evidence either way. Shown so you can check it yourself, ranked below everything confirmed, and never presented as a pick.
- Not availableDocumented as unavailable — an explicit exclusion, or absence from a list the provider states is complete. Removed from this page entirely.
How this ranking is weighted
- Fees transparency
- 45%
- Reliability
- 20%
- Foreigner onboarding
- 10%
- Payout speed
- 10%
- Support & language
- 8%
- App / UX
- 7%