Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
5 Best Trading Platforms in Estonia for 2025
In this guide
- 1. 5 Best Trading Platforms in Estonia for 2025
- 2. What is the best stock trading app in Estonia?
- 3. Are stock brokers in Estonia regulated?
- 4. How much does it cost to use an online trading platform in Estonia?
- 5. How much money do I need to start trading?
- 6. More about stock trading platforms in Estonia
- 7. How to buy stocks in Estonia
- 8. How we chose the best online trading platform in Estonia
- 9. FAQs
Our rankings reveal that the best online broker in Estonia is eToro .
That recommendation comes from our panel of trading experts, based on what we feel is most important: cost, security, and easy access to international markets.
We frequently test the best trading platforms & online brokers, and survey our Estonian users to gather their thoughts and feedback on each of the top trading apps in Estonia.
Armed with that information we created a final ranking to answer the question: what are the best online brokers in Estonia for Estonian users?
What is the best stock trading app in Estonia?
Copy link to sectionThese are the brokers that we rank as the overall best online trading platforms in Estonia.
51% of retail CFD accounts lose money. Your capital is at risk.
Eightcap
Skilling
76% of retail CFD accounts lose money when trading CFDs with this provider.
Top 5 online brokers in Estonia, reviewed & compared
Copy link to sectionWe found 13 online brokers for users based in
1. eToro. Best for beginners, copy-trading & demo-account
Copy link to section
Overview
We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.
The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.
One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.
If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.
Highlights
| No. of tradable assets | 3600+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC, FinCEN |
Fees & Costs
| Trading fees | Yes, on certain assets |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes, on CFDs |
| Withdrawal fees | Yes |
| Spreads | Yes, on certain assets |
| Conversion fees | Yes, for non-USD currencies |
Pros & Cons
51% of retail CFD accounts lose money. Your capital is at risk.
2. Eightcap. Best online broker for choice of trading platform
Copy link to section
Overview
We love Eightcap because you have several trading platforms to choose from. You can choose between MetaTrader 4, MetaTrader 5, and TradingView. All of these platforms are favourites among retail traders. With the MetaTrade suite of platforms, you can access lots of technical indicators, custom tools, and expert advisors.
TradingView with Eightcap allows you to trade directly from your charts while accessing the hundreds of tools and features available. Eightcap a selection of over 200 crypto CFDs so there’s an excellent range to choose from. You can trade the biggest coins like BTC/USD and many altcoins like DOGE/USD.
The fees: Eightcap is a CFD broker and charges spread, commissions, or a combination of both. There are two account types available, RAW, and Standard. The RAW account has ultra-low spreads starting from 0.0 pips but charges $3.5 RT per lot. The standard account is commission-free for most assets and spreads start from 1 pip.
Highlights
| No. of tradable assets | 800+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stocks, Crypto, Commodities, , Index prices |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | Yes, on certain assets |
| Withdrawal fees | Yes, for certain payment methods |
| Spreads | Yes |
| Conversion fees | Yes, currency dependent |
Pros & Cons
3. Skilling. Best app for mobile trading
Copy link to section
Overview
We love Skilling because it’s a beginner-friendly platform that makes trading accessible to everyone. It offers a good choice of markets to trade via CFDs, with access to over 1200 instruments. Skilling allows you to trade forex, commodities, stocks, indices, and cryptocurrencies.
Skilling’s extensive selection of markets is complemented by its low spreads, fast execution, and choice of trading platforms, including MT4, cTrader, and SkillingTrader. In addition, its mobile trading app, available on both iOS and Android, allows you to easily trade on the go.
What sets Skilling apart from the competition is its social trading platform, Skilling Copy. Here you can use its proprietary software to copy the trades of experienced traders. This makes it a perfect platform for beginners looking to learn from experts, or experienced traders looking to diversify into new markets.
The fees: There are no fees for standard account types. Skilling makes its money on the Bid/Ask spread, and spreads start from 0.7pips. Premium accounts are charged a commission which starts from $35 per million traded. Positions left open overnight will be charged swap fees, which vary depending on the trade size.
Highlights
| No. of tradable assets | 1200+ |
| Min. Deposit | €100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | CySEC |
Fees & Costs
| Trading fees | No |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | Yes, for certain payment methods |
| Spreads | Yes |
| Conversion fees | Yes, for certain currencies |
Skilling may charge discretionary non trading fees upon withdrawal
Pros & Cons
76% of retail CFD accounts lose money when trading CFDs with this provider.
4. IG Markets: Best for trusted and transparent trading
Copy link to section
Overview
We love IG because it’s one of the most established and reputable names in the online trading industry, known for its reliability, comprehensive market offerings, and strong regulatory compliance. IG offers CFD trading in stocks, forex, commodities, indices, ETFs and more, with plenty of useful plugins and integrations to improve the trading experience.
One of the key strengths of IG Markets is its seamless integration with MetaTrader 4 (MT4), a popular third-party trading platform favored by many traders for its advanced charting tools, automated trading capabilities, and custom indicators. This integration allows users to leverage MT4’s sophisticated features while benefiting from IG Markets’ competitive pricing, reliable execution, and extensive market access.
Beyond its product range and platform integrations, IG Markets stands out for its commitment to education and customer support. The company offers a wealth of educational resources, such as webinars, tutorials, and market analysis, which help traders of all levels improve their knowledge and skills.
The fees: For most assets, you don’t pay a trading fee but will be charged through the spread instead. That’s the difference between the buy and sell price of an asset. IG’s spreads are competitive but variable: you’ll pay a smaller spread on popular assets compared to less popular ones. Share trading works differently, and you’ll be charged a minimum fee on each trade of at least $15.
Highlights
| No. of tradable assets | 17,000+ |
| Min. Deposit | $0 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETFs, Forex CFDs, Crypto CFDs, Index CFDs, Commodities |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSCA, MAS, FMA, ASIC, FCA, BaFin, FINMA, DFSA, BMA, CFTC, NFA |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
5. Bitpanda: Best for fractional & small scale investing
Copy link to section
Overview
We love Bitpanda because it’s an all-in-one investment platform. BitPanda offers 250+ assets, including 50+ cryptocurrencies and a range of crypto indices, making it simple to invest in the crypto market without having to make tough decisions about each coin.
BitPanda is one of the most accessible crypto platforms around. The minimum trade size is just €1 and you can automate your investments so that you can add more Bitcoin regularly. The BitPanda card offers cashback up to 2% paid in Bitcoin.
Small scale investing is just one of Bitpandas best features. It also offers a user friendly interface that simplifies the investment process. Its transparent fee structure means you’ll be fully aware of any costs before making a trade. There’s also a wealth of educational resources making it an excellent choice for investors wanting to learn more.
The fees: Bitpanda’s fees are easy to understand. All fees are included in the spread, so you won’t be charged a commission on your trades. A premium of 1.5% is included as part of the buy and sell price of each asset.
Highlights
| No. of tradable assets | 3000+ |
| Min. Deposit | €25 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Stocks, Crypto, Commodities, ETFs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FMA, MiFID II, BaFin, VASP, PSD2, EMI |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | Depending on method |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Which trading app in Estonia has the best user reviews?
Copy link to sectionAs part of our research process we gathered up reviews and feedback from Estonian users to help us finalise the rankings.
Below is a summary of the feedback and ratings for each platform.
| Review source | eToro rating | Eightcap rating | Skilling rating |
|---|---|---|---|
| Trustpilot | 4.4 | 4.3 | 4.2 |
| Google Play Store | 4.1 | 4.1 | 4.6 |
| App Store | 3.8 | 3.8 | 4.8 |
| View more > | eToro > | Eightcap > | Skilling > |
Are stock brokers in Estonia regulated?
Copy link to sectionYes, online brokers have to be regulated in order to offer share dealing services.
Ideally, you want to find a broker that offers top-tier regulatory protection either through your local regulator, or through another internationally recognised institution.
The best brokers in Estonia are regulated by the Estonian Financial Supervision and Resolution Authority (EFSA), which provides a license for these firms to operate and governs their actions in order to protect investors.
Use the Estonian Financial Supervision and Resolution Authority (EFSA) database to check if your favourite online broker is regulated to operate in Estonia (each company has a registration number, and you can search this to find out if it’s got a license).
On top of that, many online brokers in Estonia are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission).
Here are the best online brokers in Estonia and where they’re regulated across the world.
| Region | eToro regulators | Eightcap regulators | Skilling regulators |
|---|---|---|---|
| Africa | – | – | – |
| Asia | – | – | – |
| Australasia | ASIC | ASIC | – |
| Europe | FCA, CySEC | FCA, CySEC | CySEC |
| International | – | – | – |
| North America | FinCEN | – | – |
| South America | – | – | – |
| View more > | eToro > | Eightcap > | Skilling > |
How much does it cost to use an online trading platform in Estonia?
Copy link to sectionIt is normally free to sign up to a stock trading platform in Estonia.
The main cost comes in the form of trading fees, which depend on the platform and on what you want to trade. Some of the best stock trading apps in Estonia offer completely free trading, while others charge a flat fee or commission per trade.
On average, this usually adds up to about 1-2% of your total trade value.
Here’s a comparison of the trading fees across our highest rated Estonian brokers.
| Asset | eToro fees | Eightcap fees | Skilling fees |
|---|---|---|---|
| Crypto | 1% | Up to $3.5 RT | From 0.1pips |
| Commodities | From 2 pips | Up to $3.5 RT | From 0.4pips |
| From 1 pip | Up to $3.5 RT | From 0.1pips | |
| Index prices | From 0.75 pts | Up to $3.5 RT | From 1.5 pts |
| Stocks | 0% commission | Up to $3.5 RT | From 0.1% |
| Stock CFDs | 0.15% | – | – |
| ETF CFDs | 0.15% | – | – |
| View more > | eToro > | Eightcap > | Skilling > |
Another way an online broker in Estonia might charge you is via the spread.
The spread is the difference between the buy and sell price of an asset, and effectively serves as a commission the broker is charging you on top of the market price.
The smaller the spread, the better value you’re getting from your broker.
Here’s a comparison of the spreads across the top Estonian trading platforms.
| Product | eToro spreads | Eightcap spreads | Skilling spreads |
|---|---|---|---|
| Stock CFDs | 0.15% | From 1.2 pts | From 0.1% |
| ETF CFDs | 0.15% | – | From 0.1% |
| Forex CFDs | From 1 pip | From 0.0pips | From 0.1 pips |
| Crypto CFDs | 1% | From 0.5% | From 1% |
| Index CFDs | From 0.75 points | From 1.2 USD | From 1.5 pts |
| Commodity CFDs | From 2 pips | From 0.12 USD | From 0.4 pips |
| View all tradable assets > | eToro > | Eightcap > | Skilling > |
On top of the trading fees and spreads, there may be other charges for using your online broker account.
These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.
Here’s a look at the types of fees different brokers in Estonia charge, to give you a complete picture of the cost of trading with the top brokers in Estonia.
| Fee | eToro fees | Eightcap fees | Skilling fees |
|---|---|---|---|
| Trading fees | Yes, on certain assets | Yes | No |
| Inactivity fees | Yes | No | No |
| Rollover/overnight fees | Yes, on CFDs | Yes, on certain assets | Yes |
| Withdrawal fees | Yes | Yes, for certain payment methods | Yes, for certain payment methods |
| Spreads | Yes, on certain assets | Yes | Yes |
| Conversion fees | Yes, for non-USD currencies | Yes, currency dependent | Yes, for certain currencies |
| View more > | eToro > | Eightcap > | Skilling > |
How much money do I need to start trading?
Copy link to sectionTypically, the minimum deposit for each Estonian broker is the equivalent of $10.
If this is all you can manage: great, and you can get started with that.
But you probably want to start with a larger amount of money, or a plan to add more over time, otherwise it’s going to be difficult to grow your wealth in any significant way.
You don’t need a lot to start, but you do need to invest a reasonable amount of money to generate substantial returns.
A great way to do this is to invest a fixed amount at regular intervals, a concept known as Dollar-Cost Averaging.
This means that you can start with a small investment and the amount you invest can be adjusted depending on your circumstances.
You should also consider the minimum trade size on each platform. This governs the smallest investment you can make, so if you plan to invest small amounts then it is a crucial number to think about.
Compare the minimum and maximum trade sizes for each top broker in Estonia right here.
| Product | eToro minimum trade | Eightcap minimum trade | Skilling minimum trade |
|---|---|---|---|
| Stock CFDs | $10 | 1 share | 1 share |
| ETF CFDs | $10 | – | 1 share |
| Forex CFDs | $33.34* | 0.01 lots | 0.01 lots |
| Crypto CFDs | $10 | Variable | 0.01 lots |
| Index CFDs | $1,000 | 1 share | 0.01 lots |
| Commodity CFDs | $1,000 | 0.01 lots | 0.01 lots |
| View more > | eToro > | Eightcap > | Skilling > |
*Using the maximum leverage available, 30:1, to make a trade worth $1,000.
More about stock trading platforms in Estonia
Copy link to sectionWhat products can I trade?
Copy link to sectionFor most people, the key question is whether you can trade stocks from other countries, as well as Estonia. The answer is yes, with some caveats.
Most of the brokers we recommend are global platforms, that offer stocks from around the world (particularly the US market, which is by far the most popular and – in our experience – what you’re likely to be interested in!).
However, there can be limitations. For example, you might have to make deposits in US Dollars in order to trade those stocks or to use the platform, and that’s not always an option.
Your broker might offer currency conversion services, but they can be expensive.
In general though, you certainly can trade global stocks through a Estonian stock broker. And you often aren’t limited to stocks, there are other options as well – including things like ETFs, which are super simple to buy.
Stocks
- Estonian stocks. One investment option is to simply buy and sell stocks that are listed in Estonia. Investing in the Estonian market is normally the most straightforward option for Estonian residents, as you can buy shares in any company that’s listed on a Estonian stock exchange.
- US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Estonia will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in Estonia.
- International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in Estonia offer global stocks, but it may be a limited selection. If you want to buy equities from outside Estonia or the US, be sure to check those stocks are available through your online broker before you sign up.
ETFs
ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500.
This kind of investing has exploded over the last decade. The largest ETF in the world, which invests in the S&P 500 – the famous US index that contains companies like Apple, Tesla, and Alphabet – holds more than half a billion dollars worth of investor money on its own.
If you’ve ever used a round-up investment app like Acorns or Moneybox, they are almost certainly investing in ETFs on your behalf. Many pension schemes use them now as well. This is for two main reasons: they’re simple to use, and they’re cheap.
Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of Estonia’s top stock exchanges and indexes.
Mutual funds
Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in.
Typically, a fund manager chooses a mixture of global stocks, local Estonian stocks, and ETFs that track global indices from across the world.
Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria.
Typically a mutual fund charges higher management fees every year because of the extra work involved. The best stock broker in Estonia should allow you to invest in stocks from Estonia, as well as ETFs and mutual funds.
Futures and options
Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price. They’re favoured by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.
Other assets
Most trading platforms in Estonia offer a variety of assets alongside stocks, funds, and ETFs. With the best Estonian brokers you can create a diversified portfolio made up of leading global stocks, ETFs, cryptocurrencies, and dabble with trading currency pairs and commodities as well.
Compare the assets available with each of the top Estonian brokers below.
| Product | eToro assets | Eightcap assets | Skilling assets |
|---|---|---|---|
| Stock CFDs | 3117 | 590 | 954 |
| ETF CFDs | 317 | – | – |
| Forex CFDs | 49 | 56 | 73 |
| Crypto CFDs | 73 | 122 | 63 |
| Index CFDs | 20 | 16 (17 on TradingView) | 23 |
| Commodity CFDs | 26 | 16 | 21 |
| NFTs | 100,000 | – | – |
| View more > | eToro > | Eightcap > | Skilling > |
Exact figures may vary. NFTs are accessed through Delta, an NFT explorer app which is owned and operated by eToro.
You should keep in mind, however, that to invest in other financial products from Estonia, you may be better off using a different type of trading platform.
For example, for trading currency pairs you want one of the best forex brokers in Estonia, for cryptocurrencies like Bitcoin, the best crypto exchanges in Estonia. The best cfd brokers in Estonia offer a range of financial assets, including many of the options above.
How to buy stocks in Estonia
Copy link to sectionEvery stock trading app in Estonia is designed to help you invest with the minimum of fuss.
Follow this six step guide to learn how to buy shares online in Estonia for the first time.
1. Find a Estonian trading app
Copy link to sectionCompare the best online stock brokers in Estonia and choose your favourite from the list at the top of this page.
2. Create an account
Copy link to sectionOnce you’ve chosen the best broker Estonia, set up an account by supplying your email address and password. Fill in personal details like your name and address.
3. Verify the broker account
Copy link to sectionBefore you use an online trading platform in Estonia you need to verify your identity.
Upload a copy of your driving licence or passport to do this. The verification process can take up to 24 hours, but is often much quicker than that.
4. Deposit money into your trading account
Copy link to sectionYou can make your initial deposit via a card payment, bank transfer, or an alternative payment method.
Many of the best online brokers in Estonia accept PayPal and similar e-wallets, but you should check this ahead of time.
5. Search for a stock and place your trade
Copy link to sectionFind the stocks you want to trade using their ticker symbol. Enter the details of your trade, and hit ‘buy’ to execute it.
6. Monitor your investment
Copy link to sectionCheck up on your investment regularly. Use the latest news and stock market research to help you decide when to sell your shares, and lock in a profit or loss.
How we chose the best online trading platform in Estonia
Copy link to sectionOur reviewing panel is made up of industry experts, including our Director Michael Charalambous, Editor of News, Harsh Vardhan, Editor of Education, James Knight, and long-time trader and Platform Reviewer, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.
We work with many financial experts across the world, and we tap into their expertise to give us an insight into the particular trading environment of each country, and what’s important to users in Estonia compared to everywhere else.
All that breaks down into a list of criteria that we use to form a final ranking.
Here are the key factors that played into our final ranking of the best stock brokers in Estonia.
- Fees. We prioritised Estonian brokers that offer commission-free trading, charge low trading fees, don’t charge deposit or withdrawal fees, and don’t charge any hidden fees.
- Device availability. An online trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in Estonia to work across mobile, tablet, and desktop.
- Platform security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
- Free demo accounts. All the best stockbrokers in Estonia should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
- Access to global markets. International stock brokers in Estonia that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
- Trading and analysis tools. An online stock broker that offers analysis tools makes it easier to do all your research and trading in one place. Any online broker that offered this convenience scored well.
- Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in Estonia should integrate with these services and those that did so received a higher ranking.
- Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in Estonia where the majority of Estonian customers had a positive experience.
Find out more about how we rate, rank, and review platforms.