# Which is the Best Neobroker for 2026 Trade Republic vs Scalable vs Trading 212 and More Compare Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ to find the best neobroker for your investment needs in 2026. Source: https://careercoachnetwork.shop/which-is-the-best/ · based on the channel [Geldaura](https://www.youtube.com/channel/UCZMdEGKQGh2UFJZcNNQtFPA) · Video: [Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+)](https://www.youtube.com/watch?v=ELGE2jcN4RA) · 2026-09-28 ![Which is the Best Neobroker for 2026 Trade Republic vs Scalable vs Trading 212 and More](https://careercoachnetwork.shop/which-is-the-best/which-is-the-best.webp) ## Key takeaways - Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ compared. - PFOF ban changed fees, trading venues, and interest rates since July 2026. - Order costs analyzed for 200 and 1,000 euro trades across brokers. - Varied ETF savings plans and cashback features available. - Different brokers offer crypto trading and interest on cash balances. ## Overview of Top Neobrokers in 2026 Choosing the best neobroker in 2026 means evaluating key factors such as fees, available savings plans, interest on cash deposits, and cryptocurrency offerings. The leading platforms—Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+—have adjusted their models following the Payment for Order Flow (PFOF) ban implemented in July 2026, affecting pricing and trading venues. ## Order Fees and Costs Order fees are crucial when selecting a neobroker. For a 200-euro order, some brokers charge small order surcharges, while others waive them entirely. For example, Trade Republic and Trading 212 offer competitive pricing without small order fees, making them attractive for investors placing regular small trades. Scalable Capital and Smartbroker+ have varying fees depending on the trading venue. For 1,000-euro orders, fee differences narrow but remain relevant for cost-conscious traders. It is important to check the latest official fee schedules as conditions change post-PFOF ban. ## Savings Plans and Cashback Features ETF savings plans are a highlight in neobroker comparisons. Scalable Capital leads with the highest number of ETF savings plans, offering flexibility and variety for portfolio building. Trade Republic also offers a wide range of ETF plans with no order fees for savings plans. Finanzen.net zero integrates cashback features, allowing users to receive rewards on trades, which can be advantageous for active savers. Trading 212 provides "Pies," a feature that lets investors allocate funds across multiple ETFs automatically, streamlining portfolio diversification. ## Interest Rates on Cash Balances Interest on cash holdings varies significantly among neobrokers. Some, like Trading 212, offer higher interest rates on cash but require deposits to be held in specific accounts or currencies. Smartbroker+ and Scalable Capital provide moderate interest rates, while Trade Republic currently offers minimal to no interest. Understanding where and how your cash is held is essential, as it affects the interest accrued and the security of funds. ## Trading Venues and Impact of PFOF Ban The PFOF ban in July 2026 resulted in shifts in trading venues and pricing transparency. Brokers had to adapt by changing partnerships and adjusting fees. For instance, Xetra prices became more uniform across brokers, and some shifted to more transparent order routing. Trade Republic and Scalable Capital continue to offer access to multiple trading venues, including Xetra and other European exchanges. This diversification benefits investors seeking best execution. ## Cryptocurrency Trading Options Not all neobrokers provide cryptocurrency trading. Trading 212 and Trade Republic offer access to real cryptocurrencies, allowing direct investment in popular digital assets. Scalable Capital and Smartbroker+ currently do not support crypto trading. For investors interested in crypto, choosing a broker with genuine crypto custody and trading capabilities is critical. ## Security and Tax Considerations All five brokers fulfill regulatory requirements for security and investor protection. Tax reporting features are integrated, but the specifics differ. Trade Republic and Scalable Capital offer automated tax documents, simplifying tax compliance. Investors should verify the latest conditions and consult tax advisors for personalized advice. ## Choosing the Best Neobroker for Your Profile - **For low fees and broad ETF savings plans:** Scalable Capital or Trade Republic. - **For crypto trading:** Trading 212 or Trade Republic. - **For cashback and innovative features:** finanzen.net zero. - **For interest on cash:** Trading 212, with conditions. Each investor should weigh costs, features, and personal investment goals. ## Helpful Links - [Best Online Brokers 2026 Comparison on GeldAura](https://geldaura.com/vergleiche/beste-online-broker-2026/) - [GeldAura Main Website](https://geldaura.com/) ## Summary The best neobroker depends on your priorities: fees, crypto access, savings plans, or interest rates. Trade Republic, Scalable Capital, and Trading 212 stand out in different categories. The PFOF ban reshaped the landscape, improving transparency but also altering cost structures. For detailed, updated comparisons and to find the best fit for your investing style, visit GeldAura’s comprehensive broker comparison page. This analysis is based on the latest insights from the GeldAura channel, ensuring independent and thorough evaluation. ## Questions & answers **What impact did the PFOF ban have on neobrokers?** The Payment for Order Flow ban in July 2026 led to changes in fees, trading venues, and price transparency for neobrokers, forcing them to revise their order routing and commission structures. **Which neobroker offers the most ETF savings plans?** Scalable Capital offers the largest selection of ETF savings plans, providing flexibility and variety for investors looking to build diversified portfolios. **Do all neobrokers support cryptocurrency trading?** No, only some neobrokers like Trading 212 and Trade Republic provide access to real cryptocurrencies. Others, such as Scalable Capital and Smartbroker+, currently do not offer crypto trading. **How do neobrokers handle interest on cash balances?** Interest rates on cash vary by broker. Trading 212 offers higher interest but with specific conditions, while others like Trade Republic offer little or no interest. It's important to check how and where the cash is held to understand interest accrual.