For the 19th time, the election for Broker of the Year took place at www.brokerwahl.de. In the period from 01 to 28 March 2019, traders could vote for their favourite broker in 6 categories.
A total of just under 36,000 traders (previous year 33,000) took part in the 2019 Broker Vote.
Compared to 2018, there was a new winner in 4 categories - only in two categories were the previous year's winners able to defend their title.
In the category ETF & Certificates Broker Consorsbank secured the title ahead of flatex and OnVistaBank.
3 OnVista Bank
In the category Futures Broker WH SelfInvest came out on top ahead of Lynx and last year's winner Consorsbank.
1 WH SelfInvest
Also with the CFD brokers there was a new winner in 2019. Admiral Markets won the title for the first time and came out on top ahead of WH SelfInvest and CMC Markets.
1 Admiral Markets
2 WH SelfInvest
3 CMC Markets
With the Forex brokers there was one of the two title defences. GKFX was able to win first place here (as in the previous year) and hold its ground ahead of ActivTrades and FXCM.
With the Daytrade brokers there was another change at the top. Degiro is the new Daytrade Broker of the Year - ahead of last year's winner Consorsbank and flatex.
In the largest and most important category, comdirect was able to repeat its success of the previous year and was "Online Broker of the Year 2019" - Consorsbank and Degiro follow in second and third place.
The many changes at the top show that the brokerage market is still very dynamic and competition among brokers is fierce. Those who rest on their laurels today may miss the boat tomorrow and be left behind.
At present, there are a number of new brokers who rely on completely different business models and want to roll up the market from behind. You will find out how they intend to do this in the coming weeks and months at Broker-Test.comthe organiser of the broker poll. And 2020 will then show how successful the new brokers are and whether the well-known brokers can remain dynamic enough to compete despite their size.
The complete winner lists of the 6 categories Online Broker, Daytrade Broker, ETF & Certificates Broker, Futures Broker, CFD Broker and Forex Broker can be found here:
The winners of the prizes (including a holiday in Rome, an Apple Macbook, DJI Phantom 4 Pro drone, PlayStation4, Amazon Echo etc.) will be notified in the next few days. ) will be notified in the next few days.
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