Choosethe best trading platform, we did the research for you. We tested in-depth 20quality online brokers available for Europeans. Evaluated fees, tested account opening, investigated deposit and withdrawal, compared online trading platforms, checked products and much more.

Not sure if available in your country?For a tailored broker recommendation, check outBrokerchoosers broker finder. Input your preferences and get a recommendation fitting your needs. To check whether an EU broker or an international trading platform is available for you, go for the same selection tool.

Want to see more options for the best trading account? To compare all brokers, visit the broker comparison section.

An online broker and itstrading platform can easily make or break anyones success in online trading. It greatly influences both your comfort and performance as a trader or investor.It is crucial to choose the online broker with the best trading platform.

Wetestonline brokers along 100criteria.A best trading platformin our definition means that the platform you use is great, and the broker is also good in other factors like fees, or markets and products. We will uncover the5most important criteriayou should keep an eye on to find the best trading platform.

5 important criteria for the best trading platforms in 2019

The trading fee of a typical US equity trade can be 50 times higher at one trading platform compared to another. Worthto check the fees.

Some trading brokers require at least 50,000 to invest, others dont set a minimal first-time deposit. Check out what the best investment platforms require.

Time is money. The faster and cheaper you can transfer money, the higher your chances are on the trading floor.

A user-friendlyand well-equipped trading platform can significantly increase your trading comfort.

You want to invest in Amazon and Bitcoin? They might not be available. Check the product coverage before opening an account.

The brokers safetyis an extra important factor when selecting a trading platform. You can find more on this at the end of the article.

Fees, fees, and fees. We bet this is on top of your mind when you want to select the best online trading platform. Lets kick off with fees than.

To get things rolling, lets go over some broker fee lingo. You need to keep an eye on trading fees, financing rates, and non-trading fees.

occur when you trade. Thesecan be commissions,spreadsand financing rates.

are charged whenyou hold your leveraged positions for more than a day. Leveraged position means that you borrow money from the broker to trade or you trade with leveraged products like forex or CFDs.

You can compare the trading fees of the biggest markets, the annual financing rates and some non-trading costsbelow. Hold tight, this will be exciting.

Herer is theverdict: the Dutch discount broker, DEGIRO and eToro arethe cheapest forstock trading, while Interactive Brokershas the best forextrading fees.

We compared stock and forex fees sincemost trade with these. Atypical stock trade means you make a $2,000 buy, hold it for one week and sell it. In the case of stockbrokers, like Saxo Bank and DEGIRO, we used real stocks, while for CFD brokers like XTB and eToro we used stock CFDs. A typical forex trade means a $20,000 buy, hold it for one week and then sell it. The leverage is 30x. For the USA stock calculation we used Apple shares, for the UK Vodafone shares and for forex, the EURUSD cross.

There are huge differences between trading fees, even if you want to do a simple US stock trade.To find out more about how the fares compare between the different trading brokers, check out our ultimate comparison table.

DEGIRO leads the pack instocks. In forex, Interactive Brokers gives one of the best financing rate offers.

We calculated the financing rates for the most traded US and UK stocks, Apple and Vodafone, and for the most traded forex pair, the EURUSD.

DEGIRO is unbeatable. It is the absolute fee champion.

The inactivity fee and the withdrawal fee can hurt the most your performance. Inactivity feeis interesting for buy and hold investors, while withdrawal fee for traders withdrawing their profits every month.

Now that we compared the fees, trust us, you need to look into a bit deeper than just fees when selecting a broker. Lets investigate the best brokers one by one.

Saxo Bank is a Danish investment bank. It is regulated by more than 10 financial authorities, including the top-tier FCA.

Investors and traders aiming for a great trading platform and research

Saxo Bank hashightrading fees and average non-trading fees. There is a $100 inactivity fee if you dont trade for 6 months.The fee structure is transparent, you can easily calculate the costs. The high fees are mainly due to the high minimum fees. However, the fees differfrom account type to account type.At Platinum and VIP accounts, there arelower fees. We recommend Saxo if you want to get ahigh-quality service and you are prone to pay a higher cost. If you want a bargain,there arediscount brokersout there.

Account opening is fully digital,however, you need to $2,000 at least.Almost all country citizens can open an account with Saxo Bank.There a few exceptions, e.g.the US andsome Canadian residents Ontario, Newfoundland,and Labradorare also prohibited.

Saxo provides multiple deposit and withdrawal optionsfree of chargeon a user-friendly interface.You can deposit bank transfer and credit/debit cards.Electronic wallets are missing.You can withdraw only with a bank transfer, similarly to Saxos competitors.

Saxo Banks web trading platform is easy-to-use and well-designed.However, it doesnt provide a two-step login and the customizability is limited.

Saxo Bank has a great product portfolio.From stocks to CFDs, you will find everything except funds.Saxo has the most currency pairs and CFDs compared to its competitors. At stocks, ETFs, bonds,and futures it is also very competitive, but not the best. Options and crypto offers areaverage.

CFDs carry risk. 72-74% of retail investor accounts lose money when trading with this provider.

DEGIRO is a Dutch discount broker established in 2008. It is regulated by the Dutch FMA.

Price-sensitive buy and hold investors and traders looking for only execution

DEGIROs fees are low, one of the lowest in the market.In most asset classesit is the best. There is one free ETF trading per a month, a great offer forbuy and hold investors. It alsoprovides a discount for your domestic stock market.For example, if you open an account from the UK, you can trade on the UK market for 0.0058%+ 1.75 instead of 0.058% + 4.There is no account fee, inactivity fee, withdrawal fee, deposit fee, and custody fee.

DEGIRO has an easy account opening process and there is no minimum deposit. But the account open takes more days. You can open an account with DEGIRO if youhave a bank accountin your name from one of the following countries:

The deposit and withdrawal are free of charge via bank transfer and SOFORT. On the other hand, you cannot deposit with credit or debit card.

The web trading platform is simple and easy to use. Even beginners can easily get around and to buy stocks. On the flip side, it cant be well-customized.

DEGIROhas a great product portfolio.From stocks to CFDs, you will find everything except forex. At stocks, options, and futures DEGIRO is really competitive. The fund, bond, and CFD offers are average.

CFDs carry risk. 65% of retail investor accounts lose money when trading with this provider.

Interactive Brokers is a US discount broker. IB is listed on stock exchange and regulated by several authorities, like the top-tier FCA and SEC.

Price is crucial and can trade in a professional trading environment

Interactive Brokers has low trading fees and high non-trading fees.Itsfee structureistransparent.Theinactivity fee is $10 monthly which is high, especially compared other brokers. The withdrawal fee is $10 or equivalent in other currencies.

The account opening process is fully digital, but slow, and complicated.Interactive Brokers is present in all continents.Hence you can most likely open an account. Only countries with really unstable political or economic backgrounds are excluded, like North Korea.In2018 Interactive Brokerslowered its standard minimum deposit from $10,000 to $0.

Interactive Brokers offers a lot of base currencies and one withdrawal per month is free. On the flip side, only bank transfer is available and the withdrawal can be slow.

Interactive Brokersweb trading platform is good for execution, it has very advanced order management.However, it is not user-friendly and standard functionsare missing or underdeveloped. The desktop trading platform is far better.

Interactive Brokers has the best markets and products coverage.It offers all product types from stocks to options. It also does a great job in markets you can access. Its stock, ETF, and bond coverage is exceptional. Only FX currency pairs and CFDs are not the most. In addition, you can use IBs asset management service which is a mix ofrobo advisoryandsocial trading.

CFDs carry risk. 62% of retail investor accounts lose money when trading with this provider.

XTB is a global CFD broker, listed on the Warsaw Stock Exchange, regulated by regulators, like FCA and KNF, the polish regulator.

Forex and CFD traders looking for great funding and withdrawal processes and research tools

XTB has average trading fees andlow non-trading fees.There are noinactivity fees, and the withdrawal is free above $100.

XTB account opening is hassle-free and straightforward.Your account is ready for trading on the same day.However, the sales team is very pushy.XTBaccepts customers from allover Europe, and also from most countries around the world. The required minimum differs from country to country. For examplein Poland, there is nominimum deposit, while in Spain there is a required minimum of 1,000. Ask the customer service about the minimum balance of your country before you open your account. For UK citizens there is arequired minimum account balance of $250/250/250.

XTBs deposit and withdrawal are cost-friendly, fast, and can be done in several forms: bank transfer, credit/debit card, PayPal, Skrill.Fees for electronic wallet deposits are quite high.

XTBs xStation 5 platform is user-friendly, can be customized, and a have good search function. On the flip side, we missed the two-step login, the leverage setting option, and the more sophisticated order types.

UK, Hungarianand non-European clientscan trade only with CFDs and forex. All other Europeans can also trade with real shares and ETFs.XTBs market and product coverage isnot the best, but it is competitive.XTB has the most cryptocurrency pairs.

CFDs carry risk. In the UK, 79%, while in the rest of Europe 82% of retail investor accounts lose money when trading CFDs with this provider.

eToro is a global social trading broker. It is regulated by top-tier regulators, like the UK FCA.

Beginner traders and those interested in social trading (copying other traders trades)

eToros trading fees are low, while non-trading fees are activity fee exists, but it is ok. Currency conversion and withdrawal fees are quite expensive. eToro charges a conversionwhen you deposit or withdraw money from your account in a currency other than USD.

Account opening is enjoyable and super fast.eToro serves almost all countriesexcept a few: USA, Canada, Japan, Brazil, Turkey, North-Korea, Iran, Cuba, Sudan, Syria.The minimum first-time deposit is $200 for all countries, except for Israeli residents ($10,000).

It is easy to deposit with a lot of options, including credit cards. However, there is a withdrawal fee, and only USD accounts are available.

eToros web trading platform is nice looking and easy-to-use.Ok, we say it out loud: eTorosplatformlooks like a platform should in 2019.Getting your fee report is a bit of a pain.

At eToro you can trade with CFDs and forex. There are also real stocks and ETFs, and many cryptos. It also offers social trading and CFD funds.

CFDs carry risk. 76% of retail investor accounts lose money when trading with this provider.

We recommend only quality brokers, so you can be surenoneof thelisted online brokers are scams. They are regulated by top-tier regulators. Some of them are also listed on an exchange, and some have a banking background.

However, also brokerage companiescan go down. Remember Lehman Brothers? In these cases, it is important to know what happens with your securities and cash on your account. These are usuallyheld in segregatedaccounts, so even in caseof the bankruptcy of the broker, you are safe.

If everything goes very bad and for example, the broker steals your assets, then you have a last resort, the investor protectionof the country where the broker is regulated.

The investor protection amountdiffers from country to country, so worth checking this before opening an account.

100,000 for cash deposits and 20,000 for securities for most European countries

50,000 or $500,000 ($250,000 cash) in Europe depending on the assets you hold; $500,000 ($250,000) in the US

50,000 for UK clients; 20,100 for other European clients

50,000 for UK residents, 20,000 for residents of non-UK countries

Denmark, UK, France, Switzerland, Singapore, UAE, Japan, South Africa, Australia

UK, USA, India, Australia, Canada, Japan, Hong Kong

In the US, futures accounts are not covered by compensation.

We hope, you managed to pick your favourite from the recommendedbest trading platforms. If you are still uncertain about the best trading platform for Europeans in 2019, this little summary might provide further clarity.

Saxo Bankhas one of the best trading platforms in the market andit also offers great market and product coverage. Its trading fees are high.

Price sensitive buy and holdinvestors and traders should considerDEGIROwith its lowfees. Even beginners can handle its trading platform, however, deposit and withdrawal can be sluggish.

Interactive Brokersis designed for advanced traders and investors. We like it since it has low tradingfees, adesktop trading platformwithtons of functionsand the bestmarkets coverage.However, the web trading platform is very disappointing. Stay away if you are a beginner.

You can have yourXTBaccount ready for trading within a day. The deposit and withdrawal arealso hassle-free. Its non-trading fees are lowand the trading platform is good. However, there is onlyforex andCFDs. Plus in some countriesstocks.

eToros platform is one of the most user-friendly. The social trading function is also very exciting. You can open both a real or a demo account very fast. Trading fees are also low. On the other hand, the customer service is not state of the art.

Still not sure?Get a personal recommendation, or learn more abouttrading accounts.

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Gergelys aim is to bring more clarity into personal investing. He has 10 years of experience in financial markets with GE Money, KPMG and MOL. He concluded thousands of trades as a commodity trader and financial portfolio manager

By trading with securities you are taking a high degree of risk. You can lose all of your invested money. You should start trading only if you are aware of this risk. is not providing any investment advice, we only help you find the best broker suitable for your needs.

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– With bank account from any countries listed above

CFDs are usually leveraged products with high risk. 80.6% of retail investor accounts lose money when trading with this provider.

CFDs carry risk. 76% of retail investor accounts lose money when trading with this provider.

CFDs carry risk. 76% of retail investor accounts lose money when trading with this provider.

CFDs carry risk. 76% of retail investor accounts lose money when trading with this provider.