Junior Depots S-Broker Young Invest Junior Depot S-Broker Young Invest Junior Depot
Minimum savings rate
€20
Depot consulting
e-mail
telephone
Number of ETF savings plans
1.633
Number of share savings plans
1.088
Type of depot
Passive
Type of provider
Online Brokerage
Customer support
Yes
Deposit fee
free
Order costs one-time investment
€4.99 + 0.25 %
Minimum age
18 Years
Application only by legal guardians
No
Online application possible
Yes
Online contract conclusion
Yes
Postal application mandatory
No
Postal contract conclusion mandatory
No
Application via document submission
Yes
Application in store mandatory
No
Identification procedure
Yes
More info on junior depot opening

Can only be taken out between the ages of 18 and 25.

Alternative

  • Postbank
    Deposit fee
    free
    Minimum age
    7 Years
    Minimum savings rate
    €25
    • Personalized advice near you
    • 340 ETFs available as savings plans
    • Combination with youth checking account
    to Provider all Details

    The S-Broker Young Invest Junior Depot in price-performance check!

    Building long-term wealth for your offspring can be challenging with today's rising living costs. Savings accounts offer hardly any interest or other benefits. The Sparkasse now offers two online broker depot options, primarily focused on children and young adults.

    On one hand, there is the S-Broker minor's depot. On the other hand, there is the S-Broker Young Invest Depot, which is aimed at young adults between the ages of 18 and 25 and is designed to make it easier for them to get started in securities trading.

    Discover our review of the second offer today, the S-Broker Young Invest!

    Costs and fees of S-Broker 

    The account management is free and supported by a minimum savings rate of €20. The order commission is €1.99 for securities purchases and sales conducted on the Baader and Baader Limit trading venues. Over 750 savings plans are without order commission, otherwise, 1% of the order volume is charged.

    The order commission is in addition to processing and trading venue fees as well as any third-party expenses, which may vary depending on execution and contract.

    Interest rates at Sparkasse as a depot provider 

    There are currently no specific interest rates provided for this offer. However, it is possible to open a Day Money Account Plus with an interest rate of 1.50% p.a. up to a deposit limit of €500,000.

    Everything about opening an S-Broker Young Invest 

    Like every depot provider, Sparkasse requires some information from you if you want to open an S-Broker depot. However, there are also current opening offers regarding the S-Broker Young Invest, which we want to inform you about.

    Required information for opening the Sparkasse Junior Depot 

    First, the documents or information needed for an opening. There are some minimum requirements for the S-Broker Young Invest Depot:

    • Age: The Young Invest Depot is available for individuals between 18 and 25 years old. After that, it automatically converts to a regular depot.
    • Personal Data: In addition to general information, you must provide your occupation as well as family and educational status.
    • Experience: You will be asked about your experience in securities trading.
    • Residence: You must have a residence in Germany.
    • Identification: You need a valid identification document (e.g., ID card or passport) for legitimation.
    • Bank Connection: You need a checking account with a German bank, as the depot is linked to this account.

    You can conveniently fill out and submit the application online on the S-Broker website.

    Current promotions at S-Broker 

    The Sparkasse regularly offers various beginner promotions to make opening a depot more attractive. The following are currently available:

    • You will receive a €50 voucher if you have not had a depot with S-Broker in the last 6 months. The voucher will be sent to you as a code via email after you make your first securities purchase. This also includes the first execution of a savings plan. You can exchange the voucher code for vouchers of your choice on the voucher provider's website. A payout of the voucher value is not possible.

    • To also show environmental commitment, S-Broker, together with the company GROW MY TREE, plants a tree for each opened Young Invest Depot.

    S-Broker Tools – What offers are available? 

    User-friendliness is very important to the providers of S-Broker, so there are some tools to help with the first investment:

    • E-Learning Tool: A free demo account as an e-learning tool allows you to practice trading with virtual money without taking any risk. This helps to get to know the trading platform and test initial strategies.
    • Beginner Library: Regular webinars, podcasts, and comprehensive tutorials provide you with valuable knowledge about securities trading, investment strategies, and market analyses.
    • Research Tools: Comprehensive analysis tools and market reports support you in decision-making. You get access to current news, market analyses, and expert opinions.
    • Individual Advice: If needed, you can take advantage of personal advisory sessions to develop an investment strategy tailored to your needs.

    The S-Broker Online Log-in and the App 

    The S-Broker app allows you to manage your investments anytime and anywhere. You can track prices in real time, quickly respond to market changes, and make purchases. The app is available in the respective app store for iOS and Android devices.

    Registration on the website is also possible. Simply click on >To Depot or >My Sparkassen Broker on the S-Broker website. You will need your customer number and a PIN, which you should have received when opening the account, just like in the app.

    Contacting the Provider – How to Reach the S-Broker Customer Service 

    S-Broker offers several ways to support you with questions:

    • Chat-Bot: The "Digital Assistant" of S-Broker can be asked about all topic-related areas and provides respective further links. It is located at the bottom right on the website.
    • Phone: There is also a telephone customer service available every day of the week.
    • Email: For specific questions and suggestions, S-Broker also has various email forms prepared.
    • Mail: Lastly, S-Broker also offers a postal address to which any questions or documents can be sent.

    Giving S-Broker a Tax Exemption Order 

    As with all depots, you should also give S-Broker a tax exemption order. A tax exemption order is a document for your own capital protection that your bank processes and forwards to the tax office. In 2024, a German taxpayer is entitled to €1000 that can be earned without taxation.

    You can easily download and fill out this application on the S-Broker website under “Forms”.

    Termination – Depot Transfer and Closure 

    If you want to terminate a depot with S-Broker, you can do so both online and by mail.

    In the online variant, you do not need to formulate a termination letter but can simply terminate your depot via a formless order within your account.

    However, note: If you want to transfer your money to another depot, you must initiate this yourself and inform S-Broker where the balance should be transferred. There are also pre-prepared documents for this under “Forms”.

    Conclusion: Is the S-Broker Young Invest Worth It? 

    S-Broker is one of the largest providers in Germany and impresses with its decades of experience as well as offers for beginners. Those looking for a wide range of ETFs and wanting to learn a lot about the entire investment sector will find S-Broker Young Invest a good way to gain first experiences in the capital market and benefit from sustainable investments.

    To find the right junior custody account, parents should compare several providers. Discover more junior depots in our tests!

    What is the S-Broker Young Invest Junior Depot? 

    The S-Broker Young Invest Junior Depot is a depot offer from Sparkasse, specifically developed for young adults between 18 and 25 years old, to facilitate their entry into securities trading.

    What costs and fees are associated with the S-Broker Young Invest Depot?

    Account management is free and works with a minimum savings rate of €20. The order commission is €1.99 per purchase/sale at Baader and Baader Limit. There are over 750 savings plan eligible securities without order commission; for others, 1% of the order volume is charged.

    What information is required to open an S-Broker Young Invest Depot? 

    Age (requirement between 18 and 25 years), personal data, experience in securities trading, residence in Germany, valid identification document, and a bank connection with a German bank.
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