Smartbroker+ vs Traders Place Comparison

Smartbroker+ is perceived in the DACH region as a multi-asset broker that combines cryptocurrencies with stocks, ETFs, and derivatives on one platform. With 39 tradable cryptocurrencies and custody via Tangany GmbH, which has held a MiCAR authorisation from BaFin since August 2025, the provider is considered to be on solid regulatory footing. Smartbroker AG has notified BaFin under MiCAR that it receives and transmits crypto orders, which are executed via Baader Bank. Trading fees of 0.9 % for crypto are in the mid-range among German neobrokers; the trading venue's mark-up or mark-down and a €1 small-order surcharge below €500 come on top.

Users appreciate that crypto can be bought from as little as €0.01, which enables an especially accessible entry point. Regular investing works through savings plans on 35 crypto ETPs, which run without an order fee. The platform is available via app and web and is aimed at investors who want to manage different asset classes centrally. For users who already invest in stocks and ETFs and want to add crypto as an additional component, Smartbroker+ is seen as a practical solution.

Transfers to or from personal wallets are not possible, and staking is not offered for directly held cryptocurrencies; both are occasionally criticized by users. Deposits come only from the registered reference account, either by SEPA direct debit with funds available within seconds or by bank transfer. Users see room for improvement in the waiting time after registration, and the crypto wallet requires residence in Germany. Smartbroker+ is therefore particularly suitable for securities investors in the DACH region looking for a German broker with BaFin-regulated crypto custody and a broad product range.

Traders Place is a comparatively young German broker (founded in 2023) that offers 59 cryptocurrencies in addition to stocks and ETFs. Crypto custody is handled by Tangany GmbH, which is licensed by BaFin and is regarded as regulatorily reliable in the DACH region. Savings plans start at €1 with no order fee, but for crypto they only cover 13 crypto ETPs from 21Shares, not the crypto assets themselves.

How crypto trading works: Traders Place takes the order and passes it to Baader Bank, which buys or sells as a commission agent via Hyphe, currently the only trading venue. The coins are held in custody by Tangany GmbH. All three parties appear in ESMA's MiCA register: Tangany with its own BaFin licence for custody and transfers since 8 August 2025, Traders Place (since 21 July 2025) and Baader Bank with a MiCA notification to BaFin. Trading runs around the clock, and the execution price can differ from the displayed price when markets move sharply. Crypto trading is only open to customers resident in Germany; the majority owner of Traders Place is the Austrian GRAWE Group.

For investors who prefer a German broker based in Germany and want to use crypto as a supplement to a classic securities account, Traders Place is seen as one of the newer alternatives. The platform can be used via app and web and covers a solid range of cryptocurrencies with 59 coins. Trading fees of 0.9 % of the trade value, plus €1 below €500, are in the middle to upper range among the compared German brokers.

However, wallet transfers to your own wallets are not possible, and staking is currently not offered; both are occasionally criticized by users. The SMS-based 2FA and the limited deposit methods (SEPA transfer only) are also seen as room for improvement. Traders Place is therefore especially suitable for investors who want to try a young German broker with regulated custody and a broad coin offering and can do without wallet functionality.