ByBit EU vs Flatex Comparison
| 0.1% | Fees | 0.7 % |
| — | Cost for €1,000 | € 7.00 |
| +100 | Cryptos | 20 |
| — | Payment Methods | SEPA Transfer |
| MiCAR license via FMA | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
ByBit EUWinner
vs
Flatex
Pros & Cons
Pros
- MiCA licence from Austria's FMA – a clear regulatory basis for EU/EEA investors
- Low fees: 0.25% spot, 0.02% maker / 0.055% taker on futures
- Hundreds of tradable crypto assets
- Assets held largely in cold storage, 2FA, proof-of-reserves audits
- Fast execution and a well-rated app (iOS/Android)
- Registered in Vienna, inside the EU
Cons
- High-leverage derivatives are restricted for EEA retail clients under MiCA
- Security incident in February 2025 (around 401,000 ETH drained)
- The sheer number of features can overwhelm outright beginners
Pros
- BaFin-regulated German bank with a full licence
- Crypto ETPs held in a standard portfolio alongside shares and ETFs
- German tax certificate included
- Established provider, in business since 1999
Cons
- No direct crypto trading, only ETPs and ETNs
- No withdrawal to a personal wallet
- Order fees on top of ongoing product costs (TER)
Score Comparison
4.2Usability4.0
4.2Features3.6
4.4Fees3.7
3.7Stability4.4
4.0Support4.0
User Experiences
AI AnalysisUsers praise the low fees and fast order execution; the platform's EU licence under MiCA adds an extra layer of confidence.
Existing brokerage clients value the simplicity; crypto purists miss owning real coins.
Investing in crypto assets carries a high level of risk, up to and including total loss of capital. This is not investment advice. Figures as of July 2026, without guarantee – check current conditions on bybit.eu.
Features
- EU-regulated (MiCA, FMA Austria)
- Competitive spot and futures fees
- Cold-wallet custody and proof of reserves
- Crypto in a securities wrapper for conventional portfolios
Details
ByBit EUFlatex
| Bybit EU GmbH | Company | flatexDEGIRO Bank AG |
| 2018 | Founded | 2005 |
| MiCAR license via FMA | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
| ~$5-10 USD | Minimum Amount | € 1 |
| — | KYC | eID, Video-ID, PostIdent |