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How to open a Commerzbank Depot in Germany 2025

Do you want a reliable and straightforward way to invest in shares and securities in Germany? The Commerzbank Depot offers a seamless way to manage your investments, whether you are an experienced trader or just starting out.

Open your Commerzbank Depot now and benefit from long-term wealth growth and many other advantages:

  • Buy selected equity funds and ETFs free of charge.
  • Order at a low cost, from just €9.90
  • Choose from 600 funds with 50% off the front-end load

5 Reasons to Choose the Commerzbank Depot

No custody fees if you place at least one order per quarter
Buy, sell, set up a savings plan: if you have at least one settled transaction per quarter, DirectDepot is free of charge. Otherwise, custody fees of 0.175% per year apply to the custody volume (minimum €4.95 per quarter).

Attractive conditions for savings plans
Set up savings plans in your DirectDepot from as little as €25 per month. The savings plan fees for funds are only 50% of the regular front-end load – the cost of buying funds. For ETF savings plans, 0.25% of the transaction value plus €2.50 as a flat fee per execution apply. You can purchase share savings plans from 1.5% execution fee per execution. Benefit from current promotions and trade selected funds, ETFs or certificates at a discount.

Better value than elsewhere: Orders from €9.90
For shares, ETFs, certificates and bonds, the order fees are 0.25% of the market or nominal value plus a flat fee of €4.90. The minimum fee is €9.90. When you buy selected funds, you only pay 50% of the regular front-end load.

Everything at a glance – with the Commerzbank Banking App
Manage your portfolio whenever and wherever you want – with the user-friendly Commerzbank Banking App. You can access all statements, purchase data and quarterly reports easily, securely and transparently in your mailbox. You also receive comprehensive stock market information, stock market-related news, watch lists and prices from all trading centres in the world in real time.

Huge selection of securities
You decide which securities you want to save for and how – offensively or defensively. From funds, ETFs and equities to commodities and certificates. We have a huge selection of securities on offer. Tradable at up to 64 trading centres worldwide. In addition, our market data tool provides you as a customer with exclusive information on all securities worldwide.

Your benefits in a nutshell

Free of charge from one order
Use your securities account free of charge – from just one settled order per quarter.

Attractive discounts
You get a 50% discount on the front-end load – on over 600 funds. And there are other attractive discount offers waiting for you!

Unbeatable prices
Order cheaper than anywhere else:
from just €9.90!

Saving plans starting at €25
Use your securities account for long-term saving: with saving plans starting at €25 per month and at attractive conditions.

Huge selection of securities – worldwide
Choose from a wide range of stocks, certificates, funds, ETFs and bonds that can be traded worldwide.

Numerous funds and ETFs free of charge
As part of promotions, you can even buy selected funds and ETFs with no fees.

Fast Depot Opening

3 steps to your first order

Step 1: Open Your DirectDepot
Complete the online application for your DirectDepot and free settlement account in just 6 minutes and submit it. If you are already a Commerzbank customer, you can use your existing Girokonto as the settlement account.

Step 2: Verify Your Identity
As a new customer, you must first verify your identity. The identity verification is completed through the IDnow Online-IDENT app. If you are already a Commerzbank customer, you can simply confirm the opening of your depot using a TAN.

Step 3: Place Your First Order
New customers will receive a letter 1 to 2 business days after verification to activate the photoTAN process in their online banking. For existing customers, the DirectDepot will be available the next business day to execute their first order.

Applying for a Depot and Online Banking

New and existing customers can open a Depot

  • Complete the online application for your DirectDepot. If you already have a Girokonto (current account) or StartKonto (youth account) with Commerzbank, you can use it as your settlement account for the DirectDepot. Alternatively, you can open your depot along with a free settlement account.
  • You can receive your application confirmation, pre-contractual information, and cancellation policy via email or download and save them.
  • Confirm your depot opening via TAN.

How to open a settlement account with Commerzbank

  • Complete the online application for your DirectDepot and free settlement account. In the next step, set up your username and online banking PIN.
  • You can receive your application confirmation, pre-contractual information, and cancellation policy via email or download and save them.
  • Your process ID for video identification will be displayed.

Electronic Mailbox: Whether you are a new or existing customer at Commerzbank, your electronic mailbox is automatically activated. You can access your securities statements and other documents in the mailbox of your Banking App or online banking.

Existing customers can also activate the electronic mailbox for their other Commerzbank products. Open your mailbox, navigate to “Shipping Settings,” select the “electronic” delivery method for your products, and confirm your selection via TAN.

How does the Depot opening process work in detail?

Opening your DirectDepot with Commerzbank is quick and easy online. If you already have an account with Commerzbank, your depot will be available the next business day.

New customers can access their depot 1 to 2 business days after successful identity verification. Use the Banking App to place your orders, or alternatively, buy and sell securities or start a savings plan via the web.

Identity Verification

The fastest way to verify your identity is through the IDnow Online-IDENT app, available for download in the Apple App Store and Google Play Store. Download and open the app, then have your process ID, ID card or passport, a blank sheet of paper, and a pen ready.

Activating photoTAN

Once you receive your activation letter (approximately 1 to 2 business days after successful identity verification), you can activate photoTAN.

  1. Scan the activation graphic from your letter and verify your online banking login credentials. Allow push notifications on your smartphone.
  2. After successfully activating your photoTAN, your DirectDepot will be fully accessible online.
  3. Download the photoTAN app from the Google Play Store or Apple App Store and launch it.

Do you also want to open a bank account at Commerzbank?

We offer guides for the Commerzbank Girokonto (current account), the Startkonto (youth account) and the Joint Account.

→ Visit our pages to download the English-language account opening guides.

More important information about ongoing fees and charges:

Order fees are charged per settlement, and same-day partial executions are combined into one settlement.

  • Stocks, ETFs, Certificates, and Bonds: 0.25% of the transaction volume plus €4.90, with a minimum fee of €9.90 (domestic).
  • Fund Purchases via Commerzbank (Fixed Price): 50% discount on the initial charge¹; sales (redemptions to the fund company) are free of charge².
  • No Limit Fees.
  • Phone Orders: Orders placed via the service hotline (069 98 66 03 00, Monday to Friday, 8 AM to 8 PM) incur an additional €9.50 fee.

¹ Fee Based on Initial Charge: Retained by Commerzbank AG as a one-time payment.
² Applies to investment fund shares authorized for distribution in Germany. Exceptions may apply and must be clarified on a case-by-case basis. Purchases and sales of funds via exchanges are settled like stock transactions (in commission business).

Savings Plan Costs:

  • ETF Savings Plans: 0.25% of the transaction volume plus €2.50 per execution.
  • Mutual Fund Savings Plans: 50% discount on the initial charge¹.
  • Stock and Certificate Savings Plans: 1.5% of the transaction volume.

Applies to Employee Savings Plans (VL-Sparpläne) as well.

Depot Fees (including VAT):

  • No Custody Fees: When at least one purchase or sale order is settled per quarter (includes executed savings plans).
  • Otherwise, 0.175% per year, with a minimum of €4.95 per quarter.
  • Fees are charged quarterly and calculated for each started quarter.