Neobrokers fuel Germany's stock market boom with 14.1M investors

More Germans than ever are investing in the stock market, with numbers climbing steadily over the past five years. A new report from the German Share Institute shows a clear rise in equity investors, driven partly by the growth of digital trading platforms. Between 2020 and 2025, the number of German equity investors increased from 12.7 million to 14.1 million. This surge coincides with the rapid expansion of neobrokers—digital platforms offering fast, low-cost trading.

Companies like Trade Republic and Scalable Capital have played a major role in this shift. Their rock-bottom fees and user-friendly apps have made stock market access far more convenient. Both firms have since broadened their services beyond basic trading. Trade Republic now provides child savings plans, while Scalable Capital offers interest-bearing savings accounts. These additions reflect a wider trend: neobrokers are evolving into full-service financial platforms, catering to a broader range of customer needs.

The rise of neobrokers has reshaped how Germans invest, making the process simpler and more affordable. With expanded services like savings plans and interest accounts, these platforms continue to attract new users. The result is a growing investor base and a more accessible stock market for everyday savers.