We tested 10 online brokers for European customers and evaluated their trading platforms based on criteria including charting tools, customisability, research, etc. Our top five picks for the best trading platform for Europeans in 2017 are:
| Saxo Bank | Swissquote | Comdirect | DEGIRO | eToro | |
|---|---|---|---|---|---|
| Interactive charting tools | ★★★★★ | ★★★ | ★★★★★ | ★★★ | ★★★★★ |
| Search function | ★★★★★ | ★★★★ | ★★★★ | ★★★★★ | ★★★★★ |
| Customisability | ★★ | ★★★★★ | ★★★ | ★★ | ★ |
| Research | ★★★★★ | ★★★ | ★★★ | ★ | ★★ |
| Variety of order types | ★★★★ | ★★★★ | ★★★★★ | ★★★★★ | ★★★ |
| Two-step authentication | ✕ | ✓ | ✕ | ✓ | ✕ |
| Overall | 3.8 | 3.8 | 3.5 | 3.3 | 2.8 |
2017 has seen a major shift in CFD broker regulations, placing emphasis on user security. We at Brokerchooser have long argued for prioritizing security over price when selecting the best CFD broker.
In our 2017 review, we unveil the best CFD brokers and also provide a CFD broker 101 for investors.
There are a lot of misconceptions about online trading especially in depicting the real job of a pro trader. This time we will show what it takes to become a professional trader, what are the different paths you can experiment with.
I am pretty sure you already imagined several times to invest in the stock exchange, gain enough cash to travel the world and rest for your entire life.
Achieving this vision is not easy but you have to start somewhere, and buying shares online is one of the best ways for that. The good news is you can do this fully online. In this article I will explain jargon-free how to buy shares online. It is not as easy as watching TV series, but don’t worry it is not rocket science either.
„I found the website to be extremely useful. I had wanted to open an investment account for a while but whenever I was searching online, Google only came up with American companies which require at least a green card, so I eventually gave up. The website is very easy to navigate, and makes it truly simple to compare the account offerings of different banks. Of course you could find a million different selection criteria for a bank account but this website does a great job at selecting and highlighting few truly relevant ones to make the choice simple for those that don't want to get into too much detail, however we can find further explanations in case we do want to dig deeper. I ended opening an account at one of the banks and the opening process was also just as described on the website. I can only recommend it: 5/5”
„Brokerchooser helped me a lot in reviewing online service providers. A few months ago I decided to invest my savings in the stock market. I wanted to start with normal stocks and also was thinking about leveraged fx positions. At the beginning, I spent some serious time on gathering together information about broker accounts. My friends also recommended service providers they were using, but this made the picture more opaque. At this point Brokerchooser just came in my way and made the picture clear. Thank you guys.”
„I am trading on my own since 2010 and I am always curious if I can save some trading fees with another platform. Brokerchooser comparison table gave me a good overview of the different broker fees. I know trading cost is just one aspect and security is also very important, but I was absolutely convinced that Brokerchooser compares only the most secure players.”
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Tibor Bedő is the co-founder and CEO of Brokerchooser. He believes having a good stockbroker should be everybody's privilege. Tibor worked extensively in the financial industry, including five years at Morgan Stanley and five at The Boston Consulting Group (BCG). At MS he was deeply involved in mortgage back securities and at BCG he advised leading European banks on strategy, finance and risk management.
Finding a service provider for my investments was a pain. When I asked simple questions, there were only super complicated answers. Or no answer available at all. Can I open an account in Switzerland? Which broker is the cheapest? How secure is XY broker? Information, was scarce, complicated, or misleading. I thought, this should clearly be an easier process. So, I started to put clarity into brokerage.
In his private time Tibor is a dedicated backpacker traveling on a shoestring. His favorite countries are Vanuatu, Namibia and New Zealand.
Gergely is the co-founder and CPO of Brokerchooser. His aim is to bring more clarity into personal investing. Gergely has 8 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.
I invest 100% of my savings in the capital markets, so I put a great emphasizes on who my service provider is. The idea of Brokerchooser came up when I was trying to find a cheap but reliable online broker. Even though I have extensive experience in brokerage I got completely lost in the unstructured data dump. At this point I sat down and compiled a comparison table about a few providers. This is how it all started.
When Gergely is outside of the office he is searching for new adventures. His favorites are mountain climbing, trail running, wakeboarding and backpacker traveling.
Sára is an analyst at Brokerchooser. She is always excited to distil the numbers into plain messages. She gained experience in venture capital management and corporate finance. She learned from the investor perspective how to develop early stage start ups.
As an analyst at a venture capital fund I witnessed many start ups rise and fall. I learned about the importance of a solid business plan and a competent team behind it. The business potential of Brokerchooser combined with the professionalism and enthusiasm of the founders left me in no doubt. I am very excited to work in such a professional and inspiring milieu
Sára is big fan of sports, especially football, biking and cross-country running.
Matyi is the CTO of Brokerchooser. He was infected by computer programming when started preliminary school. Beside computer science he studied economics and spent 15 years at the export financing.
