23/01/ · Avatrade: Great for forex options and mobile trading* DEGIRO: Good for European-style options; Firstrade: Good alternative to IBKR; Tastyworks: Another alternative 29/08/ · We list the most popular European countries below and have more detailed articles for the best brokers for each specific country. Compare United Kingdom UK Brokers 25/08/ · Here is the list of the 3 best binary options brokers, especially for European traders. Also, this article will cover all the details of these three brokers to help you decide the best! #1 Our top 5 picks for the best brokers for day trading in for Europeans are: Interactive Brokers - the best broker for day trading in Low trading fees. Wide range of products. 25/04/ · Ally Invest comes in second place, and is our top pick for the best low cost options broker because of their low fees and beginner friendly yet robust tools. The broker offers no ... read more
All 4 brokers cater to in Europe and provide great trading platforms. To narrow down the options, we also drew up separate top 2 lists for web, mobile and desktop trading platforms. What makes an excellent trading platform? First of all, it needs to be user-friendly.
In addition, it should have the following functionalities:. Although the level and structure of fees brokers charge was not a selection criteria, we added relevant data on this aspect of their services as well to give you a more comprehensive view of the featured brokers. The above requirements are easy to list, but hard to figure out.
We tested brokers along close to criteria with real accounts and real money. Our assessment is based on first-hand experience. You can find the ranking criteria in our methodology. And now, let's see the best trading platforms in Europe in one by one. Saxo Bank, a Danish investment bank founded in , provides online trading and investment services.
The company is regulated by several financial authorities globally, including the Danish Financial Services Agency FSA and the UK's Financial Conduct Authority FCA. Saxo Bank is a global service provider and as such it operates a number of separate legal entities in different regions of the world.
The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Markets UK. Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety. HEADS UP: Recent issues with account opening — Saxo Bank seems to have a delay in sending you a crucial URL needed to start your account opening.
For more info, see Saxo Bank account opening issues in the review's 'Account opening' chapter. Don't want to wait to open an account? Check out some Saxo Bank alternatives. Recommended for investors and traders looking for a great trading platform and solid research.
Visit broker. Visit broker More. Oanda is a US-based forex broker founded in It is a private company and therefore not listed on any stock exchange.
Oanda operates via several entities worldwide and is regulated by top-tier authorities, such as the US Commodity Trading Futures Commission, the National Futures Association CFTC and the UK's Financial Conduct Authority FCA. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The services offered by Oanda's various entities differ slightly.
In this review, we mainly focus on the UK one. Recommended for forex traders who value a user-friendly platform and great research tools. Visit broker Visit broker More Take your time and compare at your own pace. Sign up to receive bite-sized emails on specific account opening processes, fee calculation, brokerage comparison and more. NinjaTrader is a US-based software company that provides a great trading platform with advanced research tools.
The company was founded in Besides providing the software, NinjaTrader is a registered NFA National Futures Association company and an introducing broker of brokers like Phillip Capital and Dorman Trading. The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader.
In our review, we tested NinjaTrader's platform and brokerage services through an account opened with Phillip Capital. Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission CFTC and the UK's Financial Conduct Authority FCA.
You can also connect the following brokerage accounts to NinjaTrader platforms: Interactive Brokers , TD Ameritrade , Oanda , Forex. com , FXCM and City Index. The advantage of connecting these accounts is that you can trade other popular asset classes, like stocks, on NinjaTrader's great platform.
CMC Markets is a global CFD and forex broker, founded in It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority FCA. The company is also listed on the London Stock Exchange. Having a long track record, being listed on a stock exchange and being regulated by top-tier authorities are great signs for CMC Markets' reliability. Recommended for forex and cfd traders looking for an advanced trading platform with many research tools.
Fees were not a selection factor but we wanted to help you see how much you have to pay if you want to sign up with any of the brokers that offer the best trading platforms in Europe. If your primary focus is only fees , we recommend you check out our list featuring the best discount brokers. To recap some of the most important aspects of fees, let's go over some lingo first.
What you need to keep an eye on are trading fees and non-trading fees. You can compare below the trading fees of the 4 featured brokers with regard to the biggest stock markets, the most popular currency pairs and CFDs as well as some non-trading fees.
The difference in trading fees can be enormous even if you want to do a simple US stock trade. For more information on how the fees of different brokers stack up against each other, check out our ultimate comparison table. Visit comparison table. The investor protection amount differs from country to country, so it is worth checking it before you open an account.
Now that you have seen the details, let's zoom out. Here are the best trading platforms in Europe in Still unsure? Use the broker finder tool to find the best broker for your needs or learn more about investing your money.
Everything you find on BrokerChooser is based on reliable data and unbiased information. Read more about our methodology. Toggle navigation Menu Close. Compare brokers. Compare Broker tool. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas.
Filter according to broker or product type, including stocks, futures, CFDs or crypto. COMPARE BROKERS. The broker offers customized market stats, news and comprehensive metrics on the companies you have your eye on. Are you new to options trading? With amazing tools and educational content, traders also have access to live coaching for options as well.
If you are an advanced trader, the thinkorswim platform offers a lot of new tools and research options for options traders. You can select from hundreds of different options and look at risk management tools.
You can also build your own studies with over signals on the downloadable platform or the mobile app. Options traders use the thinkorswim platform to study options strategies, set up rolling spreads to future expiration dates, and assess risk.
For inexperienced traders, you can use the site to access education tools for understanding more complex spreads. If you check what you want to learn, TD Ameritrade will customize an education menu for you.
In case you want to get more info on TD Ameritrade, make sure to check our in-depth TD Ameritrade review. However, expert-level traders can use its OptionsHouse platform to find more data and research on the latest spreads.
Now, this platform offers access to streaming strategy options chains, which is pretty different from many other platforms. The abundant amount of education content that helps you grow into more advanced spreads and strategies. For example, you can set up an iron condor strategy and define the strike width of your option spread. Only the data relevant to your options spread will stream for you. You can use six different risk ranges to stress test your portfolio.
Technical Insights is another analysis feature that gives you access to spectral analysis charts and shows you how your spread might perform in the future. For an all-around professional options trading platform, Charles Schwab offers great tools with full-service options.
You can open a new account and get commission-free options trading in the US. Charles Schwab offers tools like StreetSmart Edge, which you can access via your browser or download to your computer. This platform is based on optionsXpress, which Schwab took over in In addition, the All-in-One Trade Ticket gives you access to spread tools that let you select the type of trades you want from a drop-down menu.
From there, you can select the legs through the options chain display. If you are familiar with options, this makes it very easy to set up your trades. The Idea Hub also lets you look at all of the options contracts available sorted by their market activities or projections for profit in four categories specific to options. These include covered calls, premium harvesting, big movers, and earnings.
The fees are pretty low, but for more savvy options traders, the tool helps you spot transactions that will negatively affect your margin balance.
Launched in , Tastyworks is a run by Tastytrade and offers an online financial network. Tastyworks is suited for active options traders who want more advanced options for specialized trades. There are three ways to access and use Tastyworks including the website, mobile apps, and a downloadable application.
The downloadable version has the most bells and whistles for active options traders. All of the tools help traders with probability, volatility, and liquidity. Though beginners might be uncomfortable at first, those who enjoy options and understand the basics can use the niche features and content to their advantage. TradeStation started as an advanced software just for traders. Now it has more options and a mobile app to help those expert traders who love stocks, options, and futures.
TradeStation really shines for options traders because it does not charge any commissions. Options traders also can use the OptionStation Pro platform, which has a preview mode on the mobile app. You can also create custom watch lists, view charts, and review trends in real-time.
For research, TradeStation also earns high marks with more than indicators to include in your test strategies. The platform includes over 90 years of stock trading data and also has over 40 years of intraday data. While you will love access to a plethora of options research tools, there are some drawbacks to this platform. Have you thought about what type of trader you want to be? If you already trade-in options, you probably have a strategy to mitigate risk and reap the awards.
However, some platforms have different tools and offer more complex spreads. Options can be complex, and while all of the brokers above offer different options tools, some are built for more complicated positions. You may be able to take only one position per order, which means that you will need to place several individual orders at one time to create your position.
If you are a beginner to options, you may have studied how options control a fixed amount of a security. Typically this means you can buy one option that controls shares of stock. Options are also broken down into calls and puts. Options decrease in value as their expiration dates draw closer. While most stock trades are straightforward, there is a learning curve with options trading.
There are generally four main types of options orders. Do you want to buy a call or put option? This is probably the most common type of options trading. Traders use the buy to open order when they want to establish a short or long position on an underlying security. If you anticipate that a particular options contract will surge in price, then buy to open orders are perfect.
You can buy call options to open a long position and put options to open a short position. When buying options, your downside is limited to the price of the contract. When you want to exit your position in the future, you would place a sell to close order. You can use a sell to open option to profit when you believe the price of the underlying security is going to rise by selling a put.
When selling options, your downside is unlimited and you can lose more than the amount you have invested. If you want to close out an existing options trade, you would use the buy to close option. In this case, you opened a trade that was originally a sell-to-open transaction. You sold a call or put through this option, which placed you in a short position on an underlying security. For a put trade to profit in a buy to close option, you need the underlying security price to fall enough that it drives the put option price below your break-even point.
If you had a call trade to profit, then the underlying security price must remain under the sell to open price of the option. In most cases, as you establish a short position with an option, you are given a credit called an option premium. The short position opens you up to some risk as you could incur a large loss if the trade moves swiftly against your position. In this case, it would cost you a lot more to buy an option that is trending upwards quickly. If you want to close an existing long option, then you would use the sell to close trade.
This occurs when a trader who bought an open order to go into a longer straddle decides to close out the position. Traders use these types of orders to gather profits after the option you own goes up in price. You can also use the same type of order to get rid of options contracts that are dropping in value to cut your losses. For savvy investors, buying into a position and letting destiny have its way with their money. These orders can automatize your trades—whenever a security you are monitoring reaches a price point you want, the trading platform will automatically buy or sell.
In options, there are a lot of strategies. You can use education tools on most trading platforms to understand them, but it can be difficult at first for beginners. Combination orders happen when you combine put and call options to enter into a trade.
For example, one strategy is called an iron butterfly and allows the trader to combine a sell to open and buy to open. The thing to remember is that whenever you are setting up a trade, you are using a buy to open or sell to open. When ending a trade or closing out, you use a buy to close or sell to close option.
Market orders tells the broker that you want to buy or sell the option at the current market price. However, your broker will make the purchase some time after you instruct to purchase or sell, so you could have the order filled at a bad price if the market suddenly drops.
However, you may pay more to the broker if the order is quite large but the trading volume is thin. Limit orders allows you to specify a buy or sell at a certain price point.
These are advanced options strategies, but there are typically four types of a vertical spread including bull call, bear call, bull put, and bear put. Options spreads are commonly used on trading platforms to minimize risk and place bets on different market outcomes with two or more options. Make sure you learn the basics of day trading options before investing. With a vertical spread, a trader can purchase one option and sell another at a higher strike point at the same time just by using both calls or both puts available.
Bull vertical spreads only get profits when the underlying security price rises. A bear vertical spread earns more money when the price falls. If all of this options jargon is complicated, you may want to check out the best options trading alert services. These feature expert options traders that send alerts before taking any positions.
To help you to find the best stock broker in Europe, we first selected quality brokers; then we scrutinized their trading and non-trading fees, with special focus on stock fees, inactivity fees and withdrawal fees. Then we took measure of their stock selection, trading platforms and more.
And now, without further ado Find my broker. What makes a good stock broker? First, they need to have fair fees. It is especially important that their commissions, inactivity fees and withdrawal fees are low or close to zero. They should also offer a great selection of exchanges and stocks. Finally, it counts for a lot if the overall quality of the broker - platforms, safety or the account opening process - is top notch.
The key factors are easy to list, but hard to figure out. We test brokers along nearly criteria, using real accounts and real money. Not sure which broker to choose? For a tailored recommendation , check out our broker finder tool.
If you enter the name of your country and your preferences, it will display relevant matches only. Want more details? Compare brokers with the help of our in-depth comparison table. Before we go on, an important notice : Some brokers' portfolios contain CFDs. These are complex and very risky instruments, therefore not suitable for everyone.
You can easily lose all your invested money when you trade CFDs. If you need a more detailed explanation of what a CFD is, start with these CFD trading tips. And now, let's see the best stock brokers in Europe one by one, starting with the winner, DEGIRO. DEGIRO is a German-Dutch online discount broker. It was established in by former employees of another brokerage company in the Netherlands. DEGIRO merged with flatexDEGIRO Bank AG in early , creating the biggest online execution-only broker in Europe with its own banking license.
Check out our DEGIRO review tailored to the needs of beginner investors and traders. DEGIRO is regulated by top-tier financial authorities such as the Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht, or BaFin in Germany. Disclaimer for UK clients: Deemed authorised and regulated by the Financial Conduct Authority FCA.
The nature and extent of consumer protections may differ from those applicable to firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the FCA's website. Visit broker. It's not that easy to compare trading fees for stock trading. So how do we do it at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in 3 popular markets, the US, Germany and the UK.
In the first row, you will see the number of available stock exchanges. The higher the number, the better, as some stock investors prefer to trade on multiple markets. Feel free to learn more about brokerage fees if you want to expand yor knowledge. Visit broker More. Transaction costs are generally very low. In addition, the account opening process is fast. On the other hand, as DEGIRO is an execution-only broker, its research tools are limited.
We should also mention that it offers no forex trading , and most clients can only deposit and withdraw by bank transfer. All in all, DEGIRO is a great online broker. There is no minimum deposit and no inactivity fee , so feel free to go ahead and give it a try.
Interactive Brokers, one of the biggest US-based discount brokers , was founded in The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority FCA and the US Securities and Exchange Commission SEC. Given that the broker has licenses from multiple top-tier regulators, has a long track record and publicly disclosed financials while being listed on a stock exchange; it all points towards IB being a safe service provider.
Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader. In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.
Recommended for traders looking for broad market access and a professional trading environment. Interactive Brokers is one of the biggest US-based lowest spread brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.
On the plus side, IB offers very low fees , a vast range of markets and products , and diverse research tools. There are some drawbacks, however. We weren't satisfied with the quality of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners. If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.
Take your time and compare at your own pace. Sign up to receive bite-sized emails on specific account opening processes, fee calculation, brokerage comparison and more. Trading is onboarding clients without a waiting list from the EEA region only.
Customers from other eligible countries can join Trading 's waiting list, but it may take a while until onboarding restrictions are lifted and the waiting list is scrapped. Trading is a global CFD broker, but clients can also trade stocks and ETFs free of charge.
The company was founded in and is now headquartered in London. Trading is regulated by the UK Financial Conduct Authority FCA , the Cypriot Cyprus Securities and Exchange Commission CySEC , and the Bulgarian Financial Supervision Commission FSC. Check out our Trading review tailored to the needs of beginner investors and traders. Trading is considered safe as it is regulated by the top-tier FCA.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms. Trading is primarily a CFD broker, regulated by multiple financial supervisory authorities. On the plus side, Trading offers commission-free stocks and ETFs , while most CFD fees and non-trading fees are low as well. The account opening process is seamless and the trading platforms are user-friendly.
However, Trading has a limited product portfolio , lacking popular asset classes such as bonds or options. We found forex fees relatively high and missed USD as an account currency. So is Trading good? Trading is a good choice for those interested in investing in equities or trading leveraged CFD products, using a great trading platform. As it offers a demo account, don't hesitate to give it a try. eToro is a well-known Israeli fintech company and a social trading broker, established in Check out our eToro review tailored to the needs of beginner investors and traders.
eToro serves UK clients through a unit regulated by the Financial Conduct Authority FCA and Australians through an Australian Securities and Investment Commission ASIC -regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission CySEC.
eToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent. Being regulated by the top-tier FCA and ASIC is a good sign for eToro's safety. HEADS UP: Minimum deposit based on residency and account activation — Be sure to check the minimum deposit that is required to activate your account. After uploading your documents, a deposit is also needed in order to make trades.
Recommended for traders interested in social trading i. How does eToro work? eToro offers zero-commission stock trading.
The account opening is swift and seamless. It has a lot of innovative features, like social trading and copying other successful traders. Furthermore, eToro offers many cryptos to trade.
It has some drawbacks, though. It's difficult to contact customer support and their educational materials could be better.
So is eToro good? Overall, we would recommend eToro for its social trading feature, crypto offering and zero-commission stock trading. If you are a long-term stock investor, a traditional stockbroker might make more sense to you as some of the drawbacks of eToro like not applying reduced withholding tax on US dividends might outweigh the benefits of free trading.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy trading is a portfolio management service, provided by eToro Europe Ltd.
25/04/ · Ally Invest comes in second place, and is our top pick for the best low cost options broker because of their low fees and beginner friendly yet robust tools. The broker offers no 25/08/ · Here is the list of the 3 best binary options brokers, especially for European traders. Also, this article will cover all the details of these three brokers to help you decide the best! #1 06/07/ · Interactive Brokers: Best overall trading platform in Europe and best for trust; eToro: Best for $0 commission stocks; DEGIRO: Best for stocks and €0 commission ETFs; 23/01/ · Avatrade: Great for forex options and mobile trading* DEGIRO: Good for European-style options; Firstrade: Good alternative to IBKR; Tastyworks: Another alternative Interactive Brokers Europe is a daughter enterprise of Interactive Brokers US, headquartered in London, so they're a Europe based broker. The services of Interactive Brokers Europe are Our top 5 picks for the best brokers for day trading in for Europeans are: Interactive Brokers - the best broker for day trading in Low trading fees. Wide range of products. ... read more