Bitpanda review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Bitpanda suits beginners who want stocks, crypto and metals in one app and can start small. Its cost score of 4.6 reflects a flat €1 stock trade fee, free deposits and a low entry point, though the protection cap is modest.
Key facts
- Best for
- New investors who want one app for stocks, crypto, ETFs and metals.
- Minimum deposit
- €1↗
- Stock trade fee
- €1↗
- Markets
- Stocks, ETFs, Crypto, Metals↗
- Regulators
- FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Currency conversion fee
- 0%↗
- Deposit and withdrawal fees
- Free deposits↗
- Legal entity
- Bitpanda GmbH↗
- Headquarters
- Austria↗
- Founded
- 2014
- Support channels
- Help-centre↗
- Features
- Crypto, Fractional shares, Mobile app, Demo account
- Pricing model
- No annual fee
- Official website
- bitpanda.com
Credit cards
Savings
Apps and profiles
Pros and cons
Pros
- You can start with €1, so a small amount opens the account and the entry point sits well inside the field.
- Stock trades cost €1 a share, a flat price you can work out before you deal.
- Deposits cost Free deposits, so moving money in does not eat into your first investment.
- Cash on the account pays 1% cashback on crypto asset spending, which softens the cost of spending while you hold crypto.
- Regulated by FMA (Austria), BaFin (Germany) and Austrian Financial Market Authority (FMA).
Cons
- Investor protection stops at EU ICS up to EUR 20,000, so a large portfolio can sit above the cap.
- Support runs on help centre only, so a question that needs a person has no listed route.
- The crypto side alone lists from 650 coins against a field median of 71.5, and custodial custody means the keys are not yours.
- Metals, where spreads are usually wide, are a smaller slice of the field at 10.3%.
Who it suits
- Beginners building a first portfolio from spare monthly savings
- People who want stocks, crypto and metals in one app
- Anyone who prefers a fixed share price over percentage dealing fees
Who should look elsewhere
- Anyone holding more than EU ICS up to EUR 20,000, where the cap is too low
- Investors who want to hold their own keys rather than custodial custody
- People who need phone or email support, since help runs on help centre only
Opening and funding
The account is built for easy access, and money moves whenever you want it. The trade-off is entry size rather than lock-in: you can start small, and the account kind is easy access, so there is no notice period to serve. Getting in costs €1, which is a low bar for a first deposit. Compared with the field, that entry point ranks 76 out of 218, so it sits toward the cheaper end for a first transfer. On the money side, Free deposits. There is no charge to put funds in, so the amount you send is the amount that reaches the account and starts working. Access is described as Instant access, trading 24/7, funds tradeable anytime, which means your money is not tied up behind a term.
How it compares on our data
The entry point and the cost of a stock trade place this brand in the wider field. On minimum deposit, it ranks 76 out of 218. That is a good position for anyone testing an investing platform, because the amount needed to begin is toward the cheaper end of the market. On stock trade fee, it ranks 118 out of 166. Compared with the field median of €0, the fee is a flat amount rather than a percentage, so frequent smaller trades cost you the same each time. Neither rank is a top spot. Each sits comfortably inside the pack, which fits a brand aimed at small, regular amounts rather than large tickets.
Deposit protection
The people who watch over this brand are named in its regulator record: FMA (Austria), BaFin (Germany) and Austrian Financial Market Authority (FMA). That matters because it tells you which country answers if something goes wrong. Those are separate schemes with very different caps, so read which one applies before you rely on it. The investment cap is the one most readers will care about, and it is modest next to a large portfolio. The authorisation records behind that register are MiCA CASP 5493007WZ7IFULIL8G21, MiCA CASP 9845005X9B7N610K0093 and MiCA CASP 984500DEID7B03J77118, plus a payment services entry, PSD_EMI AT_FMA_54966. Being listed across several markets is a wider oversight footprint than many apps in the field.
Fees and FX
The costs worth knowing sit in a few places. Getting in costs €1, so the barrier to a first trade is small. Buying a stock costs €1 per share, which is the same whether your order is large or small. Money moving in is Free deposits, so nothing is deducted on the way to the account. Spending on the card carries a currency conversion fee of 0%, which is worth noting if you travel or buy in other currencies. The card also pays 1% cashback on crypto asset spending on crypto asset spending. Set against a stock trade fee of €1, a flat charge per share can outweigh the cashback on a small order, so it suits a beginner with a few larger buys more than a frequent small trader.
The company behind it
The legal entity is Bitpanda GmbH, registered in Austria, and it was founded in 2014. A long trading history matters in investing, because it covers more than one market cycle. Its licences run through MiCA CASP 5493007WZ7IFULIL8G21 in Austria, MiCA CASP 9845005X9B7N610K0093 in Germany and MiCA CASP 984500DEID7B03J77118 in Malta, alongside a payment services record, PSD_EMI AT_FMA_54966. Support is the thinner part of the picture: help centre. Questions about a fee or a failed transfer are handled through published articles rather than a named contact, which suits readers who are comfortable searching an answer and less suitable if you want to argue a case with someone.
How Bitpanda compares
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Bitpanda vs ActivTrades9.1 vs 9.4
Bitpanda vs XTB9.1 vs 9.3
9.1 vs 8.7
Bitpanda vs eToro9.1 vs 9.2
Bitpanda vs Linxea9.1 vs 8.7
Bitpanda vs UNest9.1 vs 8.6
Bitpanda vs Mintos9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.0
9.1 vs 9.2
Bitpanda vs Kraken9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.8
Where Bitpanda is available
- Available
- Everywhere except United States
- Licence in Austria
- FMA (Austria), checked September 26, 2026
- Licence in Germany
- BaFin (Germany), checked September 26, 2026
- Licence in Austria
- Austrian Financial Market Authority (FMA) (MiCA CASP 5493007WZ7IFULIL8G21), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in Germany
- Federal Financial Supervisory Authority (BaFin) (MiCA CASP 9845005X9B7N610K0093), checked September 26, 2026, also valid in Germany, Austria, Belgium, Bulgaria, Cyprus, Czechia, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in Malta
- Malta Financial Services Authority (MFSA) (MiCA CASP 984500DEID7B03J77118), checked September 26, 2026, also valid in Malta
- Licence in Austria
- AT_FMA (PSD_EMI AT_FMA_54966), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Frequently asked questions
What is the minimum I need to open a Bitpanda account?+
You can start with €1. That is a small enough figure to test the platform before committing real money, and the account is easy access, so you are not tied into a term. A first deposit can be made straight away at no charge.
How much does it cost to buy shares?+
A stock trade costs €1 per share. Because that is a flat price rather than a percentage, the cost does not rise as your order gets larger, which suits a beginner making a handful of larger buys. Very small orders can cost more per share in relative terms.
Does it cost anything to put money in?+
Deposits are Free deposits, so the amount you transfer is the amount that lands in the account. You are not charged for making a payment in, which keeps the cost of a first investment down to the trade itself.
Which markets can I invest in through the app?+
The platform covers stocks, etfs and crypto, so stocks, ETFs, crypto and precious metals all sit in one account. That is broader than a single-asset app, though metals are a thinner part of the field at 10.3%, so check spreads before trading them.
What card comes with the account?+
The card is a debit card on the visa network, with no annual fee: €0 a year and €0 a month. It pays 1% cashback on crypto asset spending on crypto asset spending, and the currency conversion fee is 0%.
Who do I contact if I need help?+
Support runs on help centre, so answers come through published help content rather than a named contact. If you prefer to raise an issue with a person, that is worth checking before you open an account, especially with a large balance.
Is Bitpanda good for a first-time investor?+
It suits beginners well. The entry point of €1 is low, the app covers several asset types in one place, and a stock trade costs €1 regardless of size. A demo account is also offered, so you can try the app before committing money.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Licences
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity
“ae_homeMemberState=AT”
- bitpanda.com checked September 26, 2026
Backs: Access terms, Account kind
“Buy, sell, and swap the cryptocurrencies you want anytime, anywhere.”
- bitpanda.com checked September 26, 2026
Backs: Coins supported, Deposit and withdrawal fees, Features, Markets, Minimum deposit, Wallet type
“Invest and trade 650+ cryptos”
- bitpanda.com/en checked September 26, 2026
Backs: Coins listed, Exchange type, Investor protection, Regulators
“Invest and trade 650+ cryptos, 10,000+ real stocks, ETFs and metals”
- bitpanda.com/en/card checked September 26, 2026
Backs: Annual fee, Card kind, Cashback rate, Cashback rate, Currency conversion fee, Pricing model, Monthly fee, Card network, Perks, Rewards rate, Rewards type
“Free card - And no monthly costs - Bitpanda Visa Card”
- bitpanda.com/en/stocks checked September 26, 2026
Backs: Stock trade fee, Support channels
“Buy whole or fractional shares at €1 fee per trade - Stocks & ETFs”
- cryptocardhub.com/card/bitpanda-card checked September 26, 2026
Backs: Card type, Custody
“The Bitpanda Card is a Visa debit card for euro area residents”
- fma.gv.at/en/granting-of-authorisation-bitpanda-gmbh checked September 26, 2026
Backs: Deposit protection
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Account fee, Inactivity fee, Retail accounts that lose money.