Updated September 29, 2026 · AffCue Editorial Team
Bitpanda vs flatex Online-Broker (DE)
Bitpanda
Higher score in this comparison
flatex Online-Broker (DE)
Bitpanda vs flatex Online-Broker (DE): the differences
| Compare | ||
|---|---|---|
| Commission terms | Up to 20% revenue share | 50 EUR order credit |
| Networks | Impact | Not confirmed |
| Commission (%) | up to 20% | Not confirmed |
| Payout per sale or signup | Not confirmed | €50 |
Same on both: Recurring commission (No), Verticals (Investing, Crypto).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Pricing model: only Bitpanda offers Revshare.
- Features: only Bitpanda offers Direct.
- Region: only Bitpanda offers Europe.
- Region: only flatex Online-Broker (DE) offers Single country.
Our verdict on each
Bitpanda
Bitpanda offers Up to 20% revenue share on a CPA and revenue share basis, and the programme runs in europe through Impact. It suits publishers with an investing or crypto audience, and less suited to anyone counting on recurring payouts from a referred account each month.
flatex Online-Broker (DE)
flatex pays a single order credit for referred investors and crypto traders, and it suits German publishers whose audience is ready to open a brokerage account. Payment is a flat €50 on a CPA model, with no recurring commission, so every new account has to be found and converted afresh.
How they place
| Ranking | Bitpanda | flatex Online-Broker (DE) |
|---|---|---|
| Finance affiliate programs | 86 of 424 | 98 of 424 |
| Investing and trading programs | 31 of 87 | 34 of 87 |
| Crypto and Web3 programs | 7 of 22 | 9 of 22 |
Every fact side by side
| Fact | Bitpanda | flatex Online-Broker (DE) |
|---|---|---|
| Pricing model | CPA, RevshareCovers more | CPA |
| Features | Direct, ReferralCovers more | Referral |
| Region | Europe | Single country |
| Legal entity | Bitpanda GmbH | Not confirmed |
| Headquarters | Austria | Not confirmed |
| Founded | 2014 | Not confirmed |
| Support channels | Email, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Bitpanda | flatex Online-Broker (DE) | Median |
|---|---|---|---|
| Commission (%) | up to 20%above the median | Not confirmed | 12 |
| Payout per sale or signup | Not confirmed | €50at the median | €50 |
Median across 177 listed affiliate programs.
Pros and cons
Bitpanda
Pros
- Payout routes come in both forms: cpa and revshare means a signup and a share of referred revenue both count.
- The deal is Up to 20% revenue share reaching up to 20%, against the flat 5% per sale Admitad lists.
- Runs on Impact, so tracking, approvals and payouts sit inside an established network rather than a brand built in house.
Cons
- Recurring commission is not offered, so a referred account that keeps trading pays nothing after its first conversion.
- Coverage stops at europe, which leaves a publisher with mainly North American or Asian traffic without an offer to promote.
- Impact is the only network listed, so there is no second platform to compare cookie handling or approval speed against.
flatex Online-Broker (DE)
Pros
- Commission is simple and stated plainly: 50 EUR order credit on a CPA model
- Covers two verticals at once, with investing and crypto offers to promote
- A referral feature suits publishers who recommend through their own network
Cons
- Recurring commission is no, so there is no tail on referred accounts
- Region is single country, which caps the audience to a single market
- The offer is a referral feature, so the publisher recruits rather than runs a paid media campaign
Who each suits
Bitpanda
Who it suits
- Publishers with an audience in europe that already reads about investing and crypto.
- Sites willing to keep a platform mentioned over time, since cpa and revshare rewards referred accounts that go on to trade.
- Review pages and newsletters that mix banner links with written referral mentions, which direct and referral tracking supports.
Who should look elsewhere
- Publishors who need income to repeat monthly: Bitpanda pays no recurring commission, and Qonto's CPA per registration plus KYB bonus is the per signup structure to weigh against it.
- Lead gen publishers: Mintos's Hybrid lead and CPA commission fits a lead priced model that a share of account revenue does not.
- Anyone who wants a flat per sale payout: Admitad's 5% per sale is easier to forecast than Up to 20% revenue share.
flatex Online-Broker (DE)
Who it suits
- German finance publishers with an investing or crypto audience
- Brokers and comparison writers promoting a single market leader
- New publishers who want a simple order credit rather than a tiered scheme
Who should look elsewhere
- Publishers who need revenue share or recurring earnings on referred accounts
- Anyone chasing a global programme, since the region is single country
- Large paid media teams, since a referral feature needs warm audiences rather than cold traffic
Country by country
| Country | Bitpanda | flatex Online-Broker (DE) |
|---|---|---|
| Germany | No | Yes |
Questions about each
Bitpanda
How much does the Bitpanda affiliate programme pay?+
The stated deal is Up to 20% revenue share, with a headline rate of up to 20%. Payouts run on cpa and revshare, so a publisher can be paid per signup and also take a slice of what referred accounts generate. Revenue share keeps paying as those accounts trade, which favours sites with an engaged readership over send and forget traffic.
Does Bitpanda pay commission again on referred accounts each month?+
Recurring commission is not offered. The programme pays Up to 20% revenue share under cpa and revshare, and a referral counts once rather than paying on every later deposit or trade. That makes monthly income depend on fresh signups, so publishers with steady new traffic do better here than those relying on one audience converting slowly.
flatex Online-Broker (DE)
How much does flatex pay per referral?+
flatex pays a fixed order credit for every referred customer who opens an account. The stated reward is 50 EUR order credit, and the programme runs on a CPA model, so the figure is a flat amount rather than a share of any fees or trades that follow.
Does flatex pay recurring commission?+
Recurring commission is no. You earn the order credit once for a referred account and nothing further from that account afterwards, which means the earnings curve depends entirely on how many new customers you sign up each month.
Bitpanda
flatex Online-Broker (DE)