EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is flatexDEGIRO Bank AG licensed under MiCA in the European Union?
flatexDEGIRO Bank AG's European entity (flatexDEGIRO Bank AG) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Germany on 4 April 2025.
Verdict: flatexDEGIRO Bank AG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | flatexDEGIRO Bank AG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900MKYC1FZ83V3121 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About flatexDEGIRO Bank AG
flatexDEGIRO Bank AG (the licensed entity is recorded by the regulator as flatexDEGIRO Bank SE) is the regulated banking arm of the flatexDEGIRO online brokerage group, not a standalone consumer crypto exchange. It holds a full German banking licence and provides execution-only services for the group's flatex, DEGIRO and ViTrade platforms. According to Perplexity research, the bank is headquartered in Frankfurt am Main, Germany, and the flatex brand was first established in 2006 as one of Germany's early independent discount brokers. Sources: flatexDEGIRO, Wikipedia
On the crypto-asset side, the research indicates the bank offers execution of crypto orders for clients via a partnership with BISON (Boerse Stuttgart Group), covering 20-plus cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. The research describes this as spot order execution in EUR with SEPA support, and states the bank does not itself provide native custody, savings or staking products for these assets. These are the company's and research summaries' descriptions of the service rather than independently verified figures. Sources: Business Wire, AMF France register
On the legal point: the contracting entity is flatexDEGIRO Bank AG / SE, and its national competent authority is Germany's Federal Financial Supervisory Authority (BaFin). Under MiCA, the ESMA service for which it is authorised is the execution of orders for crypto-assets on behalf of clients (order execution). It is not authorised under MiCA for the broader crypto-asset services such as custody and administration, operating a trading platform, exchange against funds or other crypto-assets, placing, reception and transmission of orders, advice, portfolio management, or transfer services. Anyone needing services beyond order execution should not assume they are covered by this licence. Sources: AMF France register, flatexDEGIRO
Which crypto services is flatexDEGIRO Bank AG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), flatexDEGIRO Bank AG (flatexDEGIRO Bank AG) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
-
Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
Which services is flatexDEGIRO Bank AG not authorised to offer?
flatexDEGIRO Bank AG's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by flatexDEGIRO Bank AG under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is flatexDEGIRO Bank AG licensed in Germany?
Germany's BaFin runs a strict, banking-style authorisation model. Trade Republic, which already held a German banking licence, was authorised in April 2025. BaFin previously refused Binance's German licence application in 2023, leading Binance to withdraw from the German market. Source: Federal Financial Supervisory Authority (BaFin).
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
|---|---|
| Investor compensation | EdW (compensation scheme for securities firms) plus bank-deposit cover where applicable. |
| Regulatory context | BaFin's banking-style scrutiny is the highest barrier among MiCA NCAs. |
What does this mean for users of flatexDEGIRO Bank AG in the EU?
If you transact through flatexDEGIRO Bank AG's EEA-authorised entity (flatexDEGIRO Bank AG), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in flatexDEGIRO Bank AG's terms of service that your contracting entity is flatexDEGIRO Bank AG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to flatexDEGIRO Bank AG?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind flatexDEGIRO Bank AG's entry on the register:
Frequently asked questions about flatexDEGIRO Bank AG and MiCA
Is flatexDEGIRO Bank AG licensed under MiCA?
Yes. flatexDEGIRO Bank AG appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Germany.
Which EU countries can flatexDEGIRO Bank AG serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on flatexDEGIRO Bank AG protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in flatexDEGIRO Bank AG's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to flatexDEGIRO Bank AG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - flatexDEGIRO Bank AG (flatexDEGIRO Bank AG)
- flatexDEGIRO Bank AG official website
- flatexDEGIRO corporate website
- AMF France DASP/CASP white list - flatexDEGIRO Bank SE
- Business Wire - flatexDEGIRO crypto trading via BISON partnership
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.