Flatex vs Relai Comparison
| 0.7 % | Fees | 0.9 % |
| € 7.00 | Cost for €1,000 | € 9.00 |
| 20 | Cryptos | 1 |
| SEPA Transfer | Payment Methods | SEPA Transfer, Instant SEPA (EU), Credit Card, Apple Pay, Google Pay |
| Crypto custodian Tangany GmbH has a BaFin license. | Regulation | Virtual Asset Service Provider (VASP) in Switzerland and MiCAR license applied for |
Flatex
vs
RelaiWinner
Pros & Cons
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)
Pros
- Self-custody wallet directly in the app – Bitcoin is held in your own wallet
- Savings plan available for weekly or monthly Bitcoin purchases
- Wallet transfer to your own and external wallets (incl. hardware wallets) possible
- VASP license in Switzerland and MiCAR application submitted
- Deposits via SEPA bank transfer and credit card
Cons
- Only Bitcoin tradable – altcoin selection occasionally criticized by users
- Minimum amount of 50 € is room for improvement compared with other providers
- Setup of external wallet transfers, according to users, is room for improvement
Score Comparison
4.0Usability4.3
3.6Features4.3
3.7Fees4.2
4.4Stability3.8
4.0Support4.1
User Experiences
AI Analysis—
App Store
4.6—
Google Play
4.2—
Trustpilot
4.0Existing brokerage clients value the simplicity; crypto purists miss owning real coins.
According to the analyzed user data, Relai is frequently praised by users for its intuitive and clear app. At the same time, users occasionally report hurdles with support, verification, and individual app launches, so the overall experience varies depending on the usage situation.
Investing carries a high level of risk, up to and including total loss of capital. This is not investment advice. As of July 2026, without guarantee.
Features
FlatexRelai
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Self-custody wallet | ✓ |
| ✓ | Credit card payment | ✓ |
| ✓ | VASP license (Switzerland) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Hardware wallet support | ✓ |
- Crypto in a securities wrapper for conventional portfolios
- Bitcoin-only approach with self-custody directly in the app
- Savings plan with automatic transfer to your own wallet or hardware wallet
- Swiss company with VASP license and MiCAR application
- Relai Private from 100.000 CHF/EUR and Relai Business for companies
Details
FlatexRelai
| flatexDEGIRO Bank AG | Company | Relai AG (CH) / Relai EU SASU (EU) |
| — | Headquarters | & |
| 2005 | Founded | 2020 |
| Crypto custodian Tangany GmbH has a BaFin license. | Regulation | Virtual Asset Service Provider (VASP) in Switzerland and MiCAR license applied for |
| € 1 | Minimum Amount | € 50 |
| eID, Video-ID, PostIdent | KYC | Photo ID, NFC passport verification |