Consorsbank Depot from BNP Paribas S.A. - no-fee trading and app-first access

Reviewed: ad hoc news Software & Services desk. Edited and checked on 2026-06-25, 15:22. Details in the imprint.

Consorsbank Depot is the tab that many German retail investors open first thing in the morning, thumb flicking over the turquoise app icon while the coffee is still steaming. Orders confirm with a short vibration, price alerts ping quietly in the background. The feeling is less dusty branch office, more always-on trading cockpit.

What the depot offers

Consorsbank Depot from BNP Paribas S.A. is a securities account for private investors, combining a free custody model with access to equities, ETFs, funds and derivatives. According to the official price list, the standard depot carries no ongoing custody fee for active customers. The Consorsbank price and service schedule confirms the zero-euro custody fee under typical conditions.

Order commissions on German exchanges usually start with a flat basic fee plus a volume-based component, with online-orders executed via Xetra, regional exchanges and selected OTC partners. The bank also emphasizes a wide choice of savings plans, including hundreds of ETFs with reduced or promotional execution fees.

Digital-first access and tools

Product head Kai Friedrich, long-time face of the German direct bank business at BNP Paribas, pushes the depot as a fully digital hub rather than a mere storage account. In practice that means onboarding with video identification, an app-centered TAN procedure and browser-based trading without extra software. Consorsbank presents the depot explicitly as an online broker offer for active traders and long-term savers.

On screen, users see real-time or near real-time quotes depending on venue, compact order masks and watchlists that sync between web and app. Chart tools remain comparatively basic, but for many retail investors the mix of quote display, order book and news panel is enough for everyday trading.

Savings plans and costs

One key building block of the Consorsbank Depot is its ETF and share savings-plan offering. The bank advertises over 600 ETF savings plans and numerous fund and share plans, often with discounted or fixed execution fees per rate. The Consorsbank savings-plan overview lists the current selection and promotional conditions.

Minimum savings rates typically start at 10 euros per month, which lowers the threshold for beginners. For larger single orders, however, the mixed model of basic fee plus percentage share can be more expensive than the pure flat fees of some rivals, especially on international venues.

Where it works well, where not

In everyday use, the Consorsbank app feels tidy and relatively quick. Swiping through positions, tapping into a DAX share and then sliding the order bar to set the volume works smoothly on a mid-range Android phone, even on a crowded commuter train.

Advanced traders may miss deeper analytics, multi-leg options tools or programmable order types. For many retail investors, though, the combination of recognizable German venues, clear cost display and integrated tax handling via German withholding tax remains a strong argument.

Context and share listing

Consorsbank is one of the direct-banking pillars of BNP Paribas in Germany and complements the French group's corporate and investment-banking activities in the euro area. BNP Paribas S.A. shares (ISIN FR0000131104) trade on Euronext Paris in euros.

This article was AI-assisted and editorially reviewed. Product information without guarantee; prices and availability may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions involve risks up to total loss.