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Consors bank

Regulated
Germany
,
Since 1994
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
StocksCash (invest)Stocks+1 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Visa, Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Skrill, Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Cash Deposit

other
Instant
Fee:
€8
Fee:
€19

Securities Transfer

other
days
Fee:
€15
Fee:
€15

Direct Debit

bank transfer
2 days
Fee:
Free
Fee:
Free

Bitcoin, Ethereum

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 57%, 2: License 72%, 3: Software 0%, 4: Spread 0%, 5: Account Type 19%, 6: Symbol 0%
Regulation
57%Fair
License
72%Good
Software
0%Poor
Spread
0%Poor
Account Type
19%Poor
Symbol
0%Poor

Company Information

Full Name:Consorsbank
Founded:1994
Headquarters:Germany
Enterprise Offices:N/A

Customer Support

Phone:
+49 0911 - 369 30 00
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

Consors bank is one of the prominent players in the financial services industry, especially famous as a trading broker. Though information on the specific type of trading service offered by Consors bank is not available publicly, the bank has come to be associated as a provider of various financial products and services, including those designed for the retail and professional markets. Its presence in the industry shows the bank's efforts to ensure ease of access to the financial markets.

In the rapidly changing financial world of today, such brokers as Consors bank have a very important function in helping investors successfully move through even more complex markets. The purpose of this article is to provide a full description of Consors bank through its background information, characteristics, and so on.

Background and History

The consors bank has managed to create its niche as a financial services provider, focusing on providing solutions in the area of brokerage and banking. Although historical data is not available, one is aware that consors bank is operating in the European financial environment, providing services that mix conventional banking with trading capabilities.

The strategy of this institution usually includes the use of technology to improve customer access to investment services, which corresponds with recent developments in online banking and online investment services. Without extensive data available in relation to recent research on this topic, Consors bank's reputation indicates that it is established in the market, serving different clients.

Main Characteristics and Services

Consors Bank's services are aimed at satisfying the requirements of traders and investors in search of a trustworthy platform to handle their portfolio on. Although very minimal information can be discerned on the specific services and platform offered by the bank, it is known that they offer:

Availability of various investment instruments such as stocks, bonds, and ETFs

Online financial platforms that have friendly interfaces

In addition, the Consors bank is likely to stress security and compliance, ensuring the investments of the clients are channeled through a controlled environment.

Regulation and Licensing Compliance

Regulation is one critical pillar in building trust in the financial service sector. Consors bank is governed by regulatory frameworks that promote strict adherence to the law in financial practices. Nonetheless, there are no particular aspects related to the licensing status and regulation that have been captured in the available literature.

The following is a summary table indicating the limited information available on Consors bank’s regulation compliance:

Regulator

License Number

Status

No information available

Limited information available

No data available

Trading Conditions and Platform Technology

Factors such as spreads, leverage, and minimum deposit terms can play pivotal roles in deciding which broker is best suited for traders. Unfortunately, information regarding Consors bank's spreads, leverage, and other deposit terms is not readily available online. Also, information regarding the technological support of their trade platforms is limited.

Nevertheless, it could be safely assumed that the Consors bank provides a competitive trading environment and this is reflected in their online platforms that ensure ease of use and reliability.

Trading Condition

Details

Spreads

Little information available

Leverage

Insufficient data available

MINIMUM DEPOSIT

Limited information available

Technology

Platform Technology

No available information

Fee Structure

The knowledge of the cost structure is a crucial aspect that traders ought to consider while determining the cost-effectiveness of a brokerage service. The necessary information regarding consors bank's costs, such as fees for deposits, fees for withdrawal, and commission, is not mentioned clearly in any available research. The lack of clear information regarding costs indicates that a prospect ought to contact consors bank to get information related to costs.

Fee Type

---

Specifically

Deposit Fees

Limited Information Available

Withdrawal Fee

Limited Information Available

Commission

Few details available

User Experience & Market Reputation

Even though user review data and market reputation information about Consors bank are not readily available, the bank's long-standing existence within the financial market obviously implies that it is trustworthy. As a general practice, reliable financial brokers always endeavor to offer good customer service, clear operating practices, and comprehensive trading platforms.

Clients contemplating working with Consors bank may want to look into getting feedback from those who are familiar with the user experience offered by the bank and assess the service levels of the bank.

Conclusion

Conclusion Consors bank symbolizes a financial services organization with expertise in trading and banking services in particular, functioning in a regulated setup. Despite the scarcity of information about trading terms and technology services, it is evident that the bank has been operating in a way that addresses trading needs. It is advised that prospective clients and potential investors make direct contact with Consors bank in order to acquire specific, customized information. In this way, it will be ensured that there is thorough understanding of the offerings, charges, and terms of trade specific to individual needs.

Regulatory Licenses

Compliance & oversight

1 license
Germany
BaFinTier 1
Germany
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

4 types
Stocks
Invest
Leverage 1:1 • Commission Order fees apply, promo €0 trading
Leverage1:1
CommissionOrder fees apply, promo €0 trading
Cash (invest)
Invest
Min Deposit EUR 750 • Leverage 1:1 • Commission Service fee applies, 3-month waiver promo
Min DepositEUR 750
Leverage1:1
CommissionService fee applies, 3-month waiver promo
Stocks
Invest
Leverage 1:1 • Commission Trading fees apply, promo €0 trading
Leverage1:1
CommissionTrading fees apply, promo €0 trading
Basic
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
4
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

7 methods
Bank Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Ensure bank transfer includes correct reference number. International transfers may incur additional intermediary bank fees.
Visa, Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Card used for deposits must be in client's name. Primarily available to clients in the European Economic Area (EEA); international clients should verify acceptance.
Skrill, Neteller
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
E-wallet account must be verified. Availability depends on Skrill and Neteller operating regions.
Cash Deposit
OtherInstant
Deposit
Fee:EUR 7.5
Min:N/A
Max:N/A
Withdrawal
Fee:EUR 19
Min:N/A
Max:N/A
Deposits and withdrawals at the counter are subject to specified fees. Available at all Consorsbank branch locations.
5
Free Deposit
7
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Consors bank: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Consors bank at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Consors bank

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://wissen.consorsbank.de
Unknown
Active
SSL
🌐
https://www.consorsfinanz.de
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Comments

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