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Ledger Flex vs Trezor Safe 5

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Ledger Flex4.0

The Ledger to buy if you want a touchscreen: $249, the same certified chip as the Stax, and more screen pixels than it.

Trezor Safe 54.4

Trezor's touchscreen model at $129: a color display and haptic feedback over the same secure element the $59 Safe 3 uses.

Verdict: Trezor Safe 5

Trezor Safe 5 rates higher on our rubric: 4.4 against 4.0 for Ledger Flex.

Criterion
Editorial rating
Ledger Flex
4.0
Trezor Safe 5
4.4

Ledger Flex and Trezor Safe 5, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Ledger Flex and Trezor Safe 5 compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactLedger FlexTrezor Safe 5
Editorial rating4.04.4 (favoured on this row)
StatusAvailableAvailable
Made byLedgerTrezor
Price$249$129
Who holds the keysself-custodial, keys held in a CC EAL6+ certified secure element chipself-custodial, keys held in an EAL6+ certified secure element running open source firmware
Bitcoin-onlyNoNo
Runs oniOS, Android, Windows, macOS, LinuxAndroid, Windows, macOS, Linux
Screen2.8 inch flat E Ink touchscreen, 16 grayscale, 480 x 600 pixels, Gorilla Glass with an anti-glare coating1.54 inch color touchscreen, 240 x 240 pixels, Gorilla Glass 3, with haptic feedback
ConnectivityUSB-C, Bluetooth and NFC, for iOS, Android and desktop computersUSB-C and a microSD slot; Trezor Suite on Windows, macOS, Linux and Android, view only on iOS
ReleasedJuly 20242024
Countries on the maker's list218No published list
Last reviewed2026-08-262026-08-25

Pros and cons, side by side

Ledger Flex

What works

  • A 2.8 inch E Ink touchscreen at 480 x 600 pixels, more pixels than the larger and dearer Stax screen
  • Same ST33K1M5 secure element, certified to CC EAL6+, as the $399 Stax
  • USB-C, Bluetooth and NFC, so it works with an iPhone as well as a desktop
  • A Ledger Recovery Key is included in the box, so your seed backup is not only on paper

What to watch

  • $249 is more than four times the $59 Nano S Plus for the same certified secure element
  • Closed source firmware, unlike Trezor and BitBox
  • Plastic body with a Gorilla Glass front, where the Stax uses aluminum with stacking magnets

Trezor Safe 5

What works

  • Color touchscreen with haptic feedback makes address verification far easier to read than a two button screen
  • EAL6+ certified secure element with fully open source firmware, the same pairing as the Safe 3
  • Multi-share (Shamir) backup, microSD slot and FIDO2 two factor support
  • A Bitcoin-only edition strips every other chain out of the firmware

What to watch

  • More than twice the price of the Safe 3 for the same security model
  • iOS is view only: no setup, sending or device management from an iPhone
  • SecurityWeek reported in August 2026 that a breach at fulfilment partner ShipMonk exposed about 14,000 customers' shipping details
  • Trezor publishes no list of countries it ships to, only a checkout drop-down

Frequently asked questions

Is Ledger Flex or Trezor Safe 5 better?

Trezor Safe 5 rates higher on our rubric: 4.4 against 4.0 for Ledger Flex. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Which is cheaper, Ledger Flex or Trezor Safe 5?

Trezor Safe 5, at $129 against $249, on each maker's own store price as of the review date.

Is Ledger Flex or Trezor Safe 5 bitcoin-only?

Neither: both support assets beyond bitcoin. Ledger Flex: Bitcoin plus more than 500 assets in the Ledger Wallet app, and thousands more through third party wallets. Trezor Safe 5: Multi edition manages thousands of coins and tokens; a separate Bitcoin-only edition is also sold.

The full reviews: Ledger Flex and Trezor Safe 5, each with its sources, and every wallet we review.

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