In this guide
- 1. Compare 5 best online brokers in Europe for 2024
- 2. What is the best stock trading app in Europe?
- 3. Top 5 online brokers in Europe, reviewed & compared
- 4. How we chose the best online trading platform in Europe
- 5. More about stock trading platforms in Europe
- 6. How to buy stocks in Europe
- 7. FAQs
Compare 5 best online brokers in Europe for 2024
The Invezz team of expert traders, data analysts, and financial writers frequently test the best trading platforms. Amongst a range of features, we ranked the top brokers in Europe according to their affordability, security, and available international markets.
In this article, we answer the question: what are the best online brokers in Europe for European users?
What is the best stock trading app in Europe?
Copy link to sectionOur rankings reveal that the best online broker in Europe is eToro .
Having assessed 100+ brokers, this list represents the three services that top our rankings as the overall best online trading platforms in Europe.
We found 4 online brokers for users based in
eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.
Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.
Top 5 online brokers in Europe, reviewed & compared
Copy link to sectionWe found 4 online brokers for users based in
1. eToro. Best for beginners, copy-trading & demo-account
Copy link to section0% commission
Fees
$100
Minimum deposit
1500
No. assets
Yes
Demo/virtual account
Pros & Cons
Overview
We love eToro because it’s a 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 more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.
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. This is a great way 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 stocks, crypto, and options trading markets.
Highlights
Features | eToro summary |
---|---|
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 |
View more > | eToro > |
eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.
2. Plus500. Best for international trading*
Copy link to sectionFrom 0.08%
Fees
$100
Minimum deposit
2800
No. assets
Yes
Demo/virtual account
Pros & Cons
Overview
We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to futures contracts for some of the biggest indices.
Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $100) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting.
One of the features we like most about Plus500 is its bonuses. Not only does it have a low minimum deposit of $100, but you’ll also have the option to receive a bonus the first time you add funds to your account, so you can stretch your money a little further.
For accurate instrument availability, visit plus500.com.
The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website.
*Based on a comparison of 60+ leading brokers and trading platforms.
Highlights
Features | Plus500 summary |
---|---|
No. of tradable assets | 2800+ |
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 | FSA, ASIC, FMA, FCA, CySEC |
View more > | Plus500 > |
Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3. Public. Best for AI analysis
Copy link to sectionSpreads
Fees
...
Minimum deposit
9,000
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time.
Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in financial analysis and trading.
Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties.
The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.
Highlights
Features | summary |
---|---|
No. of tradable assets | 9,000 + |
Min. Deposit | $20 |
ID verification required | Yes |
Free demo account | No |
Supported assets | Stocks, ETFs, Cryptocurrencies, Options, Bonds, Royalties |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | SEC, FINRA, SIPC |
View more > | > |
How we chose the best online trading platform in Europe
Copy link to sectionOur reviewing panel is made up of industry experts, including Data Analyst, Dan Ashmore, CFA, our Editor of News, Harsh Vardhan, journalist Katya Stead, and expert trader, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.
Here are the key factors that played into our final ranking of the best stock brokers in Europe.
- Fees. We prioritised European 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe where the majority of European customers had a positive experience.
Find out more about how we rate, rank, and review platforms.
More about stock trading platforms in Europe
Copy link to sectionWhat products can I trade with a European stock broker?
Copy link to sectionYou can trade stocks from Europe, or invest in leading companies from around the world. Here’s a breakdown of what (and how) you can trade financial markets with the best online brokers Europe.
Stocks
- European stocks. One investment option is to simply buy and sell stocks that are listed in Europe. Investing in the European market is normally the most straightforward option for European residents, as you can buy shares in any company that’s listed on a European stock exchange.
- US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Europe 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 Europe.
- 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 Europe offer global stocks, but it may be a limited selection. If you want to buy equities from outside Europe 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. 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 Europe’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 European 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 Europe should allow you to invest in stocks from Europe, 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 Europe offer a variety of assets alongside stocks, funds, and ETFs. With the best European 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 European brokers below.
Product | eToro assets | Plus500 assets | Public assets |
---|---|---|---|
Stock CFDs | 3117 | 1,800+ | – |
ETF CFDs | 317 | 100+ | – |
Forex CFDs | 49 | 50+ | – |
Crypto CFDs | 73 | 40+ | – |
Index CFDs | 20 | 20+ | – |
Commodity CFDs | 26 | 20+ | – |
NFTs | 100,000 | – | – |
View more > | eToro > | Plus500 > | Public > |
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 Europe, 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 Europe, for cryptocurrencies like Bitcoin, the best crypto exchanges in Europe. The best CFD brokers in Europe offer a range of financial assets, including many of the options above.
How much does it cost to use the best online trading platforms in Europe?
Copy link to sectionIt is normally free to sign up to a stock trading platform in Europe. 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 Europe offer completely free trading, while others charge a flat fee or commission per trade.
Here’s a comparison of the trading fees across our highest rated European brokers.
Asset | eToro fees | Plus500 fees | Public fees |
---|---|---|---|
Cryptocurrencies | 1% | From 2% | 1-2% (spread) |
Commodities | From 2 pips | From 0.04% | – |
Currencies | From 1 pip | From 0.8% | – |
Indices | From 0.75 pts | From 0.7% | – |
Stocks | 0% commission | From 0.08% | Spreads |
Stock CFDs | 0.15% | – | – |
ETF CFDs | 0.15% | – | – |
View more > | eToro > | Plus500 > | Public > |
Another way an online broker in Europe 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 European trading platforms.
Product | eToro spreads | Plus500 spreads | Public spreads |
---|---|---|---|
Stock CFDs | 0.15% | 0.10% | – |
ETF CFDs | 0.15% | 0.10% | – |
Forex CFDs | From 1 pip | 0.8 pips | – |
Crypto CFDs | 1% | 2% | – |
Index CFDs | From 0.75 points | 0.20% | – |
Commodity CFDs | From 2 pips | 0.50% | – |
View all tradable assets > | eToro > | Plus500 > | Public > |
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 Europe charge, to give you a complete picture of the cost of trading with the top brokers in Europe.
Fee | eToro fees | Plus500 fees | Public fees |
---|---|---|---|
Trading fees | Yes, on certain assets | No | Yes |
Inactivity fees | Yes | Yes | Yes |
Rollover/overnight fees | Yes, on CFDs | Yes | No |
Withdrawal fees | Yes | No | No |
Spreads | Yes, on certain assets | Yes | Yes |
Conversion fees | Yes, for non-USD currencies | Yes | Yes |
View more > | eToro > | Plus500 > | Public > |
Are stock brokers in Europe 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 an internationally recognised institution.
The best brokers in Europe are regulated by tier 1 financial regulators, such as the Securities & Exchange Commission (SEC), which provide a license for these firms to operate and governs their actions in order to protect investors.
On top of that, many online brokers in Europe 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 Europe and where they’re regulated across the world.
Region | eToro regulators | Plus500 regulators | Public regulators |
---|---|---|---|
Africa | – | FSA | – |
Asia | – | – | – |
Australasia | ASIC | ASIC, FMA | – |
Europe | FCA, CySEC | FCA, CySEC | – |
International | – | – | – |
North America | FinCEN | – | SEC, FINRA, SIPC |
South America | – | – | – |
View more > | eToro > | Plus500 > | Public > |
How much money do I need to start using an online broker in Europe?
Copy link to sectionTypically, the minimum deposit for each European broker is the equivalent of $10. This is a manageable amount for most users, though 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 Europe right here.
Product | eToro minimum trade | Plus500 minimum trade | Public minimum trade |
---|---|---|---|
Stock CFDs | $10 | $10 | – |
ETF CFDs | $10 | $10 | – |
Forex CFDs | $33.34* | 0.01 lots | – |
Crypto CFDs | $10 | $0.10 | – |
Index CFDs | $1,000 | $10 | – |
Commodity CFDs | $1,000 | $10 | – |
View more > | eToro > | Plus500 > | Public > |
*Using the maximum leverage available, 30:1, to make a trade worth $1,000.
How to buy stocks in Europe
Copy link to sectionEvery stock trading app in Europe is designed to help you invest with the minimum of fuss.
Follow this six step guide to learn how to buy shares online in Europe for the first time.
1. Find a European trading app
Copy link to sectionCompare the best online stock brokers in Europe 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 Europe, 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 Europe 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 Europe 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.
FAQs
Copy link to sectionMore of the best brokers by country
Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >