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EU Brokers

Transparent pricing for every budget.

Find the right broker in Europe

Our top Brokers selected by the community.

Lightyear

$ 0 /year

Best for starters, excellent UI and overall low commisions.


Key characteristics

No fees on ETF
0.1% Fee for Stocks (min $0.10)
Automated investing
Assets are held in a collective account under Lightyear UK Ltd
Low FX fees - 0.35%
Regulated in the UK by FCA
Regulated in the EU by EFSA
Desktop and Mobile App
Least fees

Trading 212

$ 0 /year

No comisions, social platform and pies for automated investing.


Key characteristics

No fees on stocks, ETC or ETF
Automated investing and pies
Forex, indices, commodities, stocks, derivatives ETC and ETFs
Free prepaid card 0.5% cashback
Investments guarded by Interactive Brokers in collective account
Cash secured (ICF) up to €20.000
Desktop and Mobile App

Trade Republic

$ 0 /year

Stocks, ETF, bonds and crypto. Good UI & fee-free saving plans.


Key characteristics

Free savings plans
1€ per trade in stocks and ETF (+2.5% spread due to PFOF)
Prepaid card with 1% cashback in stocks or ETFs
Deposits secured by BaFin up to €100.000
Stocks, ETFs, crypto, bonds and derivatives in collective account
Desktop and Mobile App
Only email needed

Need a stock and dividends tracker? The community recommends "Stock Events" for free.

These are the most popular brokers used by the community.

Compare Brokers in depth.
Broker Info Annual Maintenance Stocks Fees ETF Fees FX Fee Min Deposit Withdrawal Inactivity Securities Transfer Regulator-Structure Protection
Lightyear €00.1%€00.35%€0€0€0With feeFCA/EFSA£85k/€20k
Trading 212 €0€0€00.5%€1€0€0FreeFCA/CySEC/BaFin£85k/€20k
MyInvestor €0-€95.880.12%-1€min0.12%-1€min0.5%€0€0€0YesCNMV (Bank)€100k
Trade Republic €0€1€10.5%€1€0€0With feeBaFin/CNMV/BCE (Bank)€100k
XTB €0€0€00.5%€0€0€0-€10/moNoFCA/CySEC/CNMV/KNF (Listed Company "XTB")£85k/€20k
N26 €0€0€00%€0€0€0YesBaFin/CySEC/MiFID II/FMA/(Bank)€20k
eToro €0€0€00.5%€50€0 to €5€10/moYes $75 Fee (ACATS)FCA/CySEC/CNMV (Listed Company "ETOR")€20k
DeGiro €0€1€1-30.25%€0€0€0With feeFCA/AFM/BaFin/CNMV (Listed Company "FTK")€100k
Interactive Brokers €0€1€10.002%€0€0€0With feeFCA/CBI (Listed Company "IBKR")€100k
Revolut €0-€4500.25%0.25%0.5% to 1%€0€0€0With feeFCA/CNMV/MiFID (Bank)€100k
Scalable Capital €0-€59.88€0.99€0.990.99%€0€0€0YesFCA/BaFin/AMF/CONSOB/CNMV/FMA (Bank)€100k
Freedom24 €00.5% +€0.0120.5% +€0.0120.01%€0€7€0€100 per ISINCySEC/MiFID/SEC/BaFin (Listed Company "FRHC")€20k

Frequently Asked Questions

What are the most important characteristics a Broker needs for my strategy?

Investing strategies often involve balancing time and risk to achieve financial goals. Long-term investors typically focus on steady growth over years or decades, accepting moderate risks in pursuit of higher returns. This approach allows them to ride out market fluctuations and benefit from compounding interest. In contrast, short-term investors may prioritize lower-risk investments to protect their capital, even if it means sacrificing potential gains. Ultimately, the choice of strategy depends on an individual's financial situation, risk tolerance, and time horizon. By understanding these factors, investors can tailor their approach to align with their unique needs and goals.

Fees can significantly impact investment returns over the long term. Even small fees can compound against investors, eroding potential gains. For instance, a 1% annual fee can reduce total returns by up to 30% over a 35-year period. This occurs because every dollar spent on fees is a dollar not reinvested, reducing both immediate returns and future growth potential. Consequently, lower fees allow more of the returns to be reinvested, maximizing the benefits of compounding and leading to better long-term outcomes.

Investment choices depend on your risk tolerance. For low-risk investments, consider government bonds, CDs, high-yield savings accounts, and money market funds, which offer stability and predictability. Moderate-risk options include preferred stocks and dividend-paying stocks, providing a balance between income and market exposure. Higher-risk investments, such as common stocks and private investments, offer potential for higher returns but come with greater volatility. Diversifying across these asset classes can help manage risk while pursuing financial goals, ensuring that your investment strategy aligns with your risk tolerance and time horizon.

In the EU, brokers protect client funds and assets through stringent regulatory measures. Investment firms are required to safeguard client assets by making adequate arrangements to ensure their ownership rights are protected, especially in the event of insolvency. This includes separating client funds from the firm's own assets and placing them with reputable third-party institutions, such as banks or money market funds.
Additionally, EU regulations like MiFID II mandate that investment firms exercise due diligence in selecting these institutions and periodically review their arrangements to minimize risks. Client funds are also subject to deposit protection schemes, such as the Deposit Guarantee Scheme (DGS), which can provide coverage up to €100,000 per client.

Having multiple brokers and banks is recommended to reduce risk and increase financial flexibility. By spreading your assets across different institutions, you minimize the impact of potential failures or technical issues, ensuring continued access to your funds. Additionally, multiple accounts allow you to leverage unique features and opportunities, such as specialized investment products or better trading platforms. This diversification also provides access to a broader range of investment advice and strategies, and can help optimize costs by taking advantage of lower fees or better deals offered by different providers. However, it requires managing added complexity and security considerations. Don’t be afraid to be wrong because you can’t learn anything from a compliment. I always felt like I could do anything. That’s the main thing people are controlled by! Thoughts- their perception of themselves! They're slowed down by their perception of themselves. If you're taught you can’t do anything, you won’t do anything. I was taught I could do everything.

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