Portfolio
A service provider that executes buy and sell orders for securities on stock exchanges on behalf of investors.
A broker is an intermediary for securities transactions. It executes buy and sell orders on behalf of the investor on exchanges. In Germany, the best-known online brokers include Trade Republic, Scalable Capital, ING, and comdirect.
The choice of broker has a considerable effect on investment costs. Neo-brokers often offer free ETF savings plans and low order fees, but may have a more limited product range than full-service banks.
When choosing a broker, it is worth considering not only costs but also savings-plan availability, exchange access, and customer service.
See taxes, dividends and allocation for your whole portfolio in one place.