
Financial Terms Glossary
The most important financial terms - with simple and concise explanations.
Neobroker
Neobrokers are digital platforms that make securities trading cost-effective and user-friendly. Their services are usually offered with a mobile-first approach, enabling investors to trade anytime and from anywhere. A major advantage is the low fees: many neobrokers waive high order and custody fees, which is especially attractive for retail investors.
The range of products typically includes stocks, ETFs, funds, and sometimes even cryptocurrencies. The intuitive user interface and additional features such as real-time quotes and analytics make it easy to get started. Account opening is quick and digital, often completed within just a few minutes.