Short, long, hedging: Implement all your investment ideas now with over 375,000 derivatives and a trading flat rate.
Derivatives entail high risks .
Use over 375,000 certificates, knock-outs, warrants and more in the Astro Broker. You decide how you trade to protect your portfolio from adverse market movements: from long to short to targeted hedging.
With investment products, it is possible to improve the risk-reward profile of your portfolio. Products of this type are usually not leveraged and present a similar or often lower risk than the underlying. Here you can find a selection of available investment products.
Guarantee certificates, also known as capital protection certificates are structured in a way that you get your invested capital back at the end of the term. In addition, you benefit from possible price gains - but within a limited framework.
Discount certificates allow you to invest in the underlying asset at a discount to the current price. The discount enables you to achieve a positive return even if prices move sideways or fall slightly. The maximum profit, however, is limited and you forego possible dividends.
Bonus certificates allow you to achieve a positive return even if prices move sideways. A bonus certificate pays back a bonus amount at the end of the term if the price of the underlying asset has not touched or fallen below a certain barrier during the entire life of the product.
With leverage products, it is possible to profit disproportionately from the price movements of the underlying assets even with small investment amounts. However, high losses are possible due to the leverage effect. In the worst case, a total loss can occur.
With knock-out products, you participate disproportionately - depending on the selected leverage - in price movements of a certain underlying. If the underlying asset falls below the knock-out threshold, the product expires worthless.
With a warrant, you participate disproportionately in rising (call) and falling (put) prices of an underlying asset. The price is also influenced by the volatility and the remaining term of the warrant.
By buying a factor certificate, you participate in the price development of an underlying asset. Your participation is not 1:1, but disproportionate depending on the factor set.
Popular |
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FREE |
PRIME+ |
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Costs Product costs, spreads, crypto fees and/or inducements may apply. |
€0.99 / trade1 |
€4.99 / month1 |
Savings plans |
Included |
Included |
Interest |
– |
2.6% p.a. |
Portfolio analysis (Insights) |
Restricted |
Full version |
Price alarms |
3 |
Unlimited |
Portfolio groups |
1 |
Unlimited |
Crypto (spread surcharge) |
0.99% |
0.69% |
1PRIME+ Broker: €0 for trades of €250 or more, otherwise €0.99. FREE Broker: €0 for purchases of PRIME ETFs (all Amundi, iShares, Xtrackers ETFs) of €250 or more, otherwise €0.99. All brokerage models: €0 for savings plan executions. Crypto fees, product costs, spreads and/or inducements may apply.
A derivative is a financial instrument whose price depends on the performance of an underlying asset. Underlyings can be, for example, stocks, bonds, interest rates, commodities or foreign currencies. Derivatives can be roughly divided into leverage and investment products.