Advertisement
Best online brokers for buy and hold investors in Europe

To help you to find the best online broker for buy and hold strategies in Europe, we went ahead and did the research for you. First, we selected more than 71 quality online brokers, then we checked and compared their fees, products, trading platform, deposit and withdrawal and more. We went deep, so you won't have to.

5 made it to the top in Europe. We highly recommend all 5 to you. And now, without further ado...

Our top 5 picks for the best online brokers for buy and hold investors in Europe:

  1. TradeStation Global is the winner. Low trading fees. Wide range of products. Fast customer service.
  2. Firstrade in the second place. Free stock, ETF, fund, and options trading. Solid research tools. Quality educational tools.
  3. LYNX rounded out the top three. Wide range of markets and products. Low stock and ETF trading fees. Great mobile platform.
  4. Swissquote, numero quatro. Access to many markets and products. No inactivity fee. Rock-solid background.
  5. Revolut. Free stock trading. Fast and easy account opening. Great mobile trading platform. Just made it to the list with being number five.
Best online brokers for buy and hold investor in Europe
Broker Info Overall score Best in
#1 TradeStation Global UK-based global stockbroker 4.6 Best broker for buy and hold
#2 Firstrade US discount broker 4.5 Best broker for funds
#3 LYNX Netherlands-based stockbroker 4.2
#4 Swissquote Swiss investment bank 4.7
#5 Revolut UK discount broker 4.3 Best broker for millennials

All 5 brokers are considered safe. They are regulated by top-tier financial regulators.

What makes a good online broker for long term investing? First, they need to offer fair stocks and ETF trading fees. Second, the inactivity fee shouldn't be high. It must also be easy to use its trading platform. Finally, we appreciated if the broker offers an okay amount of markets to trade on Easy to list, but hard to figure it out. We are testing brokers along ~100 criteria with real accounts and real money. We know what's up.

Not sure which broker? For a tailored recommendation, check out our broker finder tool. You can enter your country and it will show only the relevant brokers. Want more details? Compare brokers with this detailed comparison table.

Boring, but important stuff: Some of the broker's portfolio contains CFD products. They are complex and very risky, thus not suitable for everyone. You can easily lose all of your invested money. If you don't have clue what a CFD is, start with these CFD trading tips.

For buy and hold investors, we recommend buying stocks directly and not via cfd.

And now, let's see the best stock brokers in Europe one by one, starting with the winner, TradeStation Global.

TradeStation Global Logo

#1 Best online broker for investors
TradeStation Global

4.6

TradeStation Global is the brand of TradeStation International Ltd, which is based in the UK and is regulated by the top-tier Financial Conduct Authority (FCA).

TradeStation Global is a combined product offered by Interactive Brokers (IB) and TradeStation. Here are its most important elements:

  • The account opening, deposit/withdrawal options, and available products are the same as at Interactive Brokers.
  • You can use both Interactive Brokers's and TradeStation's own desktop platform.
  • TradeStation Global charges its own fees, and offers its own customer support and educational tools.

Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on the NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed, on the Tokyo Stock Exchange.

Recommended for traders and investors looking for low fees and a wide selection of products

Pros Cons
Low trading fees Only bank transfer allowed for deposit and withdrawal
Wide range of products Complicated account opening
Fast customer service Limited education materials

Open account

#1 TradeStation Global
Fees

TradeStation Global has low trading fees, especially for stocks and ETFs. It's also great that there is no inactivity fee and the first withdrawal each month is free of charge. On the other hand, mutual fund fees are high.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
Low stock and ETF fees
TradeStation Global fees
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock fee class Low Low Low High Low
USA* $1.5 $0.0 $5.0 $25.0 $0.0
Germany* $2.4 - $6.6 $27.5 -
UK* $2.4 - $10.8 $30.0 -
Inactivity fee No inactivity fee $100 inactivity fee applicable only after several years inactivity Called 'platform fee'; €5 per month. No inactivity fee charged No inactivity fee

*Commissions for opening/closing a $2,000 stock/ETF position

Open account More

#1 TradeStation Global
Account opening
2.8

TradeStation Global's account opening is fully digital and fast. On the negative side, the process is complicated and there is a high, $1,000 minimum deposit required in order to use TSG's own desktop platform.
Pros Cons
Fast $1,000 minimum deposit required for desktop platform
Fully digital Not user-friendly
TradeStation Global minimum deposit and time to open an account
TradeStation Global Firstrade LYNX Swissquote Revolut
Minimum deposit $1,000 $0 $3,300 $0 $0
Time to open account 1 day 1-3 days >3 days 1 day 1 day

Open account More

#1 TradeStation Global
Deposit and withdrawal
2.5

TradeStation Global offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
No charge for the first withdrawal each month.
TradeStation Global withdrawal fee and options
TradeStation Global Firstrade LYNX Swissquote Revolut
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $10 $0

Open account More

#1 TradeStation Global
Markets and products
5.0

With TradeStation Global, you can access the same range of product types and exchanges as at Interactive Brokers. This selection is one of the widest among online brokers.
TradeStation Global markets and products
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock Yes Yes Yes Yes Yes
Stock markets (#) 78 5 78 60 2
ETF Yes Yes Yes Yes No
Forex Yes No Yes Yes No
Fund Yes Yes Yes Yes No
Bond Yes Yes Yes Yes No
Options Yes Yes Yes Yes No
Futures Yes No Yes Yes No
CFD Yes No Yes Yes No
Crypto Yes No Yes Yes Yes

Open account More

#1 TradeStation Global
Web trading platform
4.3

You can use your TradeStation Global account to log in to the Interactive Brokers web trading platform. The TSG Client Portal is simple and easy to use even for beginners. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best online brokers for buy and hold investors in Europe - TradeStation Global trading platform
TradeStation Global trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Mobile platform score 3.5 stars 3.3 stars 3.8 stars 4.7 stars 4.9 stars
Desktop platform score 3.0 stars - 2.8 stars 3.3 stars -

Open account More

#1 TradeStation Global
Verdict

TradeStation Global has low trading fees, provides access to a lot of products and markets and has great customer support. The TradeStation Global desktop platform has great charting tools, plenty of indicators, highly customizable watchlists (Radar Screen) and a great programming tool (EasyLanguage).

On the other hand, the deposit and withdrawal process is not user-friendly and you can use only bank transfer. The account opening is complicated and for full account verification to use the TSG desktop trading platform, a minimum deposit of $1,000 is required. Margin rates are higher than at Interactive Brokers (IB). Lastly, the education section could be expanded with more materials, as it is quite limited.

If you want access to IB's product range and an account without inactivity fees, feel free to try TradeStation Global.

TradeStation Global
Summary TradeStation Global is an introducing broker of Interactive Brokers. It practically means that assets and cash are held with Interactive Brokers, but services, like the fees or customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA.
Overall score 4.6
Recommended for Traders and investors looking for low fees and a wide selection of products

Open account More

Firstrade Logo

#2 Best online broker for investors
Firstrade

4.5

Firstrade is a US discount stockbroker regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). The company was founded in 1985 under the name of First Flushing Securities.

Firstrade is considered safe because it has a long track record and is regulated by top-tier regulators.

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Pros Cons
Free stock, ETF, fund, and options trading No credit/debit cards and electronic wallets for money transfer
Solid research tools You can trade only on US markets
Quality educational tools No live chat and 24/7 availability

Open account

#2 Firstrade
Fees

Firstrade has low fees. It offers free stock, ETF, funds, and options trading. The non-trading fees are low too. However, the margin rates are high.
Pros Cons
Low trading fees High margin rates
Low non-trading fees
Free stock, ETF, fund and options trading
Firstrade fees
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock fee class Low Low Low High Low
USA* $1.5 $0.0 $5.0 $25.0 $0.0
Germany* $2.4 - $6.6 $27.5 -
UK* $2.4 - $10.8 $30.0 -
Inactivity fee No inactivity fee $100 inactivity fee applicable only after several years inactivity Called 'platform fee'; €5 per month. No inactivity fee charged No inactivity fee

*Commissions for opening/closing a $2,000 stock/ETF position

Open account More

#2 Firstrade
Account opening
4.4

The account opening is fully digital and user-friendly. Firstrade is available for US and some non-US customers. On the flip side during the test we experienced a slower account opening, that took almost 3 business days.
Pros Cons
Fully digital Slow account verification
No minimum deposit
Low minimum deposit
Firstrade minimum deposit and time to open an account
TradeStation Global Firstrade LYNX Swissquote Revolut
Minimum deposit $1,000 $0 $3,300 $0 $0
Time to open account 1 day 1-3 days >3 days 1 day 1 day

Open account More

#2 Firstrade
Deposit and withdrawal
1.8

We liked a lot Firstrade's user-friendly deposit and withdrawal process. There is no deposit fee and transferring money is easy. At the same time, there is still room for improvement. You can use only bank transfer and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High outgoing wire transfer fee
Firstrade withdrawal fee and options
TradeStation Global Firstrade LYNX Swissquote Revolut
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $10 $0

Open account More

#2 Firstrade
Markets and products
2.8

Firstrade offers a good variety of asset classes, from stocks to options. However, the offered products cover only the US market and you cannot trade with futures or forex.
Firstrade markets and products
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock Yes Yes Yes Yes Yes
Stock markets (#) 78 5 78 60 2
ETF Yes Yes Yes Yes No
Forex Yes No Yes Yes No
Fund Yes Yes Yes Yes No
Bond Yes Yes Yes Yes No
Options Yes Yes Yes Yes No
Futures Yes No Yes Yes No
CFD Yes No Yes Yes No
Crypto Yes No Yes Yes Yes

Open account More

#2 Firstrade
Web trading platform
4.3

During our testing, we found Firstrade's web platform is simple and easy to use. If you are a beginner, then you can easily navigate it. On the negative side, it lacks a two-step login and the customizability is limited.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Best online brokers for buy and hold investors in Europe - Firstrade trading platform
Firstrade trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Mobile platform score 3.5 stars 3.3 stars 3.8 stars 4.7 stars 4.9 stars
Desktop platform score 3.0 stars - 2.8 stars 3.3 stars -

Open account More

#2 Firstrade
Verdict

Firstrade is one of the biggest discount US stockbrokers regulated by top-tier regulators.

It offers free stock, ETF, mutual funds, and options trading. It doesn't charge inactivity and account fees and there are a lot of quality research and educational tools you can use.

To provide an unbiased picture we have to mention some drawbacks though. Firstrade doesn't provide credit/debit cards and electronic wallets for transferring money. Are you interested only in U.S. market products? If yes, then you will be delighted. Otherwise, you might find insufficient that the product portfolio covers only the US market. The customer service is only 24/5 and you can't contact them via live chat. 

As there are low fees and no inactivity fee is charged, feel free to try Firstrade.

Firstrade
Summary Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Overall score 4.5
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market

Open account More

LYNX Logo

#3 Best online broker for investors
LYNX

4.2

LYNX is a Netherlands-based stockbroker founded in 2006.

LYNX is an introducing broker of Interactive Brokers (IB). In practice, this means that your deposited funds will be held by IB but fees are charged by LYNX. You can also use IB's trading platforms. 

LYNX is considered safe because both LYNX and Interactive Brokers are regulated by top-tier financial authorities.

Recommended for any european traders looking for low stock and etf fees and a good mobile trading platform

Pros Cons
Wide range of markets and products Deposit and withdrawal options limited
Low stock and ETF trading fees €3,000 minimum deposit
Great mobile platform Overly complex desktop platform

Open account

#3 LYNX
Fees

LYNX has low trading fees for stocks, ETFs and funds, but its forex fees are high and it also charges an inactivity fee.
Pros Cons
Low stock and ETF fees High forex fees
Low fund fees Inactivity fee
LYNX fees
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock fee class Low Low Low High Low
USA* $1.5 $0.0 $5.0 $25.0 $0.0
Germany* $2.4 - $6.6 $27.5 -
UK* $2.4 - $10.8 $30.0 -
Inactivity fee No inactivity fee $100 inactivity fee applicable only after several years inactivity Called 'platform fee'; €5 per month. No inactivity fee charged No inactivity fee

*Commissions for opening/closing a $2,000 stock/ETF position

Open account More

#3 LYNX
Account opening
2.5

The account opening process at LYNX is smooth and fully digital, but it took us over three days to complete, and there is a high €3,000 minimum deposit.
Pros Cons
Fully digital Slow
User-friendly The minimum deposit is €3,000
LYNX minimum deposit and time to open an account
TradeStation Global Firstrade LYNX Swissquote Revolut
Minimum deposit $1,000 $0 $3,300 $0 $0
Time to open account 1 day 1-3 days >3 days 1 day 1 day

Open account More

#3 LYNX
Deposit and withdrawal
2.5

You can fund your account in many base currencies, and you have one free withdrawal per month. However, you can only use bank transfer, and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
One free withdrawal per month
LYNX withdrawal fee and options
TradeStation Global Firstrade LYNX Swissquote Revolut
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $10 $0

Open account More

#3 LYNX
Markets and products
5.0

At LYNX, you can trade the full spectrum of asset classes and gain access to many markets.
LYNX markets and products
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock Yes Yes Yes Yes Yes
Stock markets (#) 78 5 78 60 2
ETF Yes Yes Yes Yes No
Forex Yes No Yes Yes No
Fund Yes Yes Yes Yes No
Bond Yes Yes Yes Yes No
Options Yes Yes Yes Yes No
Futures Yes No Yes Yes No
CFD Yes No Yes Yes No
Crypto Yes No Yes Yes Yes

Open account More

#3 LYNX
Web trading platform
3.3

The LYNX web trading platform is simple and easy to use, with multiple order types and clear fee reports. On the negative side, it lacks two-step login, customizability and price alerts.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report Limited customizability (for charts, workspace)
Good variety of order types No price alerts
Best online brokers for buy and hold investors in Europe - LYNX trading platform
LYNX trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Mobile platform score 3.5 stars 3.3 stars 3.8 stars 4.7 stars 4.9 stars
Desktop platform score 3.0 stars - 2.8 stars 3.3 stars -

Open account More

#3 LYNX
Verdict

LYNX has low stock and ETF trading fees, a great mobile trading platform, and offers a wide range of markets and products

On the other hand, deposit and withdrawal options are limited to bank transfers. There is also a steep €3,000 minimum deposit and the desktop platform is too complex for most users.

Feel free to try LYNX if you are a European client seeking low stock and ETF trading fees and a good mobile trading platform.

LYNX
Summary LYNX is a Dutch stockbroker established in 2006. It is regulated by the Dutch FMA.
Overall score 4.2
Recommended for any European traders looking for low stock and ETF fees and a good mobile trading platform

Open account More

Swissquote Logo

#4 Best online broker for investors
Swissquote

4.7

Swissquote is a Swiss investment bank established in 1996. It has two main trading arms: a Swiss unit for trading stocks, funds, options and futures and a company in the UK for CFDs and forex.

Formally, Swissquote Bank Ltd is based in Switzerland and is regulated by the Swiss Financial Market Supervisory Authority (FINMA), the country's financial regulator.

The other entity, Swissquote Ltd, is UK-based and offers CFDs and forex trading. It is regulated by the Financial Conduct Authority (FCA), the UK's financial authority.

Swissquote is considered safe because Swissquote Bank Ltd has a banking license, it is listed on the Swiss stock exchange, discloses detailed financials regularly and has a long track record.

In this review, we focus mainly on the Swiss entity, but also discuss services of the UK arm, especially in the case of CFD and forex trading. To make it clear which company we are talking about, we will refer to the Swiss entity as "Swissquote (CH)" and to the UK-based entity as "Swissquote Forex (UK)".

Recommended for affluent investors who value safety and are ok with higher fees

Pros Cons
Access to many markets and products High trading fees
No inactivity fee Confusing trading platform selection
Rock-solid background Some research tools are not free

Open account

#4 Swissquote
Fees

Swissquote charges no inactivity fee and you can trade an impressive selection of funds for favorable fees. On the other hand, trading fees are generally high, including stocks and ETFs fees, and there is a fee for withdrawing your money.
Pros Cons
Low fund fees High trading fees
No inactivity fee High stock and ETF fees
Low financing rate High bond fees
Withdrawal fee at Swissquote (CH)
Swissquote fees
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock fee class Low Low Low High Low
USA* $1.5 $0.0 $5.0 $25.0 $0.0
Germany* $2.4 - $6.6 $27.5 -
UK* $2.4 - $10.8 $30.0 -
Inactivity fee No inactivity fee $100 inactivity fee applicable only after several years inactivity Called 'platform fee'; €5 per month. No inactivity fee charged No inactivity fee

*Commissions for opening/closing a $2,000 stock/ETF position

Open account More

#4 Swissquote
Account opening
4.0

Swissquote offers a fully digital account opening process, although we encountered wait times. There is no minimum deposit for trading accounts, but a high minimum for forex and robo-advisory accounts.
Pros Cons
Fully digital Long wait times
No minimum deposit for trading account Forex and robo-advisor accounts have high minimum
Swissquote minimum deposit and time to open an account
TradeStation Global Firstrade LYNX Swissquote Revolut
Minimum deposit $1,000 $0 $3,300 $0 $0
Time to open account 1 day 1-3 days >3 days 1 day 1 day

Open account More

#4 Swissquote
Deposit and withdrawal
4.1

Depositing at Swissquote is quick with credit/debit card and can be done in several base currencies. On the negative side, you can only withdraw money via bank transfer, and the Swiss entity charges fees.
Pros Cons
Credit/Debit card available Swiss entity charges withdrawal and deposit fees
Several account base currencies
Swissquote withdrawal fee and options
TradeStation Global Firstrade LYNX Swissquote Revolut
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $10 $0

Open account More

#4 Swissquote
Markets and products
5.0

At Swissquote (CH) you can access many markets and trade with a lot of different product types. At Swissquote Forex (UK) you can trade only forex and some CFDs.
Swissquote markets and products
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock Yes Yes Yes Yes Yes
Stock markets (#) 78 5 78 60 2
ETF Yes Yes Yes Yes No
Forex Yes No Yes Yes No
Fund Yes Yes Yes Yes No
Bond Yes Yes Yes Yes No
Options Yes Yes Yes Yes No
Futures Yes No Yes Yes No
CFD Yes No Yes Yes No
Crypto Yes No Yes Yes Yes

Open account More

#4 Swissquote
Web trading platform
4.3

The Swissquote (CH) eTrading platform has a lot of functions, so many that sometimes it can get complicated. Customizability is good and there is a clear overview of trading fees, but it's easy to get lost on the platform.
Pros Cons
Clear fee report Easy to get lost among functions
Two-step (safer) login
Good search function
Best online brokers for buy and hold investors in Europe - Swissquote trading platform
Swissquote trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Mobile platform score 3.5 stars 3.3 stars 3.8 stars 4.7 stars 4.9 stars
Desktop platform score 3.0 stars - 2.8 stars 3.3 stars -

Open account More

#4 Swissquote
Verdict

Swissquote is an investment bank with a rock-solid background:

  • It is Swiss,
  • it is listed on an exchange
  • and it is a bank

It has two main entities, one in the UK and one in Switzerland. If you open an account at the London-based entity you can trade forex and CFDs, while the Swiss entity gives you access to assets ranging from stocks to options.

Swissquote offers a broad range of products across many markets. There are many stocks, mutual funds, and a lot of different other types of products, from bonds to cryptos.

However, nothing is free: Swissquote's trading fees are relatively high

All in all, Swissquote is a great stockbroker. As you can trade many products and no inactivity fee is charged, feel free to give it a try.

Swissquote
Summary Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.
Overall score 4.7
Recommended for Affluent investors who value safety and are OK with higher fees

Open account More

Revolut Logo

#5 Best online broker for investors
Revolut

4.3

Revolut is a fast-growing fintech startup founded in 2015 and mainly known for its banking and payment services. In 2019, the company also launched its commission-free stock trading, which is provided by Revolut Trading Ltd. 

Revolut is regulated by multiple top-tier regulators, including the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients' assets are protected up to $500,000 ($250,000 cash) under the Securities Investment Protection Corporation's (SIPC) insurance. Revolut is also regulated by the UK Financial Conduct Authority (FCA). 

Recommended for beginners looking for free trading and a great mobile-only trading platform

Pros Cons
Free stock trading Limited product portfolio
Fast and easy account opening Basic research and missing educational tools
Great mobile trading platform Poor customer service

Open account

#5 Revolut
Fees

Besides trading stocks for free with Revolut, you also don't have to pay any inactivity or withdrawal fees. It only charges a 0.01% annual custody fee.
Pros Cons
Low trading fees None
Low non-trading fees
Free stock trading
Revolut fees
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock fee class Low Low Low High Low
USA* $1.5 $0.0 $5.0 $25.0 $0.0
Germany* $2.4 - $6.6 $27.5 -
UK* $2.4 - $10.8 $30.0 -
Inactivity fee No inactivity fee $100 inactivity fee applicable only after several years inactivity Called 'platform fee'; €5 per month. No inactivity fee charged No inactivity fee

*Commissions for opening/closing a $2,000 stock/ETF position

Open account More

#5 Revolut
Account opening
5.0

Revolut has an easy, fast, and fully digital account opening, requiring no minimum account balance.
Pros Cons
Fast None
Fully digital
No minimum deposit
Revolut minimum deposit and time to open an account
TradeStation Global Firstrade LYNX Swissquote Revolut
Minimum deposit $1,000 $0 $3,300 $0 $0
Time to open account 1 day 1-3 days >3 days 1 day 1 day

Open account More

#5 Revolut
Deposit and withdrawal
3.5

Revolut offers several deposit options, and both deposits and withdrawals are free even when using wire transfers. On the negative side, you can only use a USD-based account for trading.
Pros Cons
Credit/Debit card available Only one account base currency
Free withdrawal
No deposit fee
Revolut withdrawal fee and options
TradeStation Global Firstrade LYNX Swissquote Revolut
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $10 $0

Open account More

#5 Revolut
Markets and products
2.0

Revolut has a limited product portfolio, as you can only trade certain US stocks, cryptos, gold and silver. It lacks other popular asset classes like mutual funds, bonds or options.
Revolut markets and products
TradeStation Global Firstrade LYNX Swissquote Revolut
Stock Yes Yes Yes Yes Yes
Stock markets (#) 78 5 78 60 2
ETF Yes Yes Yes Yes No
Forex Yes No Yes Yes No
Fund Yes Yes Yes Yes No
Bond Yes Yes Yes Yes No
Options Yes Yes Yes Yes No
Futures Yes No Yes Yes No
CFD Yes No Yes Yes No
Crypto Yes No Yes Yes Yes

Open account More

#5 Revolut
Web trading platform

Revolut does not offer a web trading platform, as it's available only on mobile. This is a drawback, as web-based applications are convenient to use and accessible from all devices.
Revolut trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Mobile platform score 3.5 stars 3.3 stars 3.8 stars 4.7 stars 4.9 stars
Desktop platform score 3.0 stars - 2.8 stars 3.3 stars -

Open account More

#5 Revolut
Verdict

Revolut's fees are great. With all three types of accounts, you can trade US stocks for free (though monthly limits may apply). Account opening is easy, fully digital, and fast. You can use an awesome and user-friendly mobile trading platform.

Revolut has some drawbacks though. The product portfolio covers only US stocks and some crypto currencies. There are only a few research tools, while it offers no educational material at all. Customer service could also be improved. 

If you want to trade US stocks for free and are looking for an easy-to-use mobile platform, Revolut is a great choice.

Revolut
Summary Revolut is a UK-based fintech startup that offers commission-free stock trading. Revolut Trading Ltd is regulated by the FCA.
Overall score 4.3
Recommended for Beginners looking for free trading and a great mobile-only trading platform

Open account More

Best online brokers for buy and hold investors in Europe
What makes a good online broker

Now you know the top 5. You are probably curious about how we came up with this list. Let's go through a few points quickly. What is an online broker? Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers?

What is an online broker?

Thirty years ago if you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like in the Wolf of Wall Street movie. They were checking the stocks' prices while holding a telephone and shouting. Everything changed after the internet appeared. Nowadays if you want to buy Apple shares, you open online an account, deposit money, and make the order through the brokers' online platform. These brokers are the online brokers. Online brokers help you buying and selling securities, like stocks. After making your order, the online broker executes it immediately. Everything is online.

Are these brokers safe?

Yes, they are considered safe. You can be sure none of them is a scam. 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 companies can go down. Remember Lehman Brothers? In these cases, it is important to know what happens with your securities and cash. These are usually held in segregated accounts, so even in case of a broker bankruptcy, you are safe.

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

How did BrokerChooser pick the best international online brokers for a citizen in Europe?

At BrokerChooser we test online brokers along ~100 criteria, with a real account and real money. Not to overwhelm you we list the five most important criteria.

The 5 most important criteria for online brokers are:

5 important criteria for the best international online brokers
1. Fees The trading fee of a typical US equity trade can be 50 times higher at one online broker compared to another. Worth to check the fees.
2. Account opening Some online brokers require a minimum to invest, others don't set a minimal first-time deposit. Check out what the best online brokers require.
3. Deposit and withdrawal Transferring money to your account can be 5 times longer and more expensive at one online broker compared to another.
4. Products and markets You want to invest in Amazon and Bitcoin? They might not be available. Check the product coverage before opening an account.
5. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.

Best online brokers for buy and hold investors in Europe
Bottom line

You saw the details, now let's zoom out. Here are the best online brokers for buy and hold investors in Europe:

Best online brokers for buy and hold investors in Europe
TradeStation Global Firstrade LYNX Swissquote Revolut
Overall score 4.6 4.5 4.2 4.7 4.3
Award Best broker for buy and hold Best broker for funds Best broker for millennials
Stock fee class Low Low Low High Low
Account opening score 2.8 stars 4.4 stars 2.5 stars 4.0 stars 5.0 stars
Deposit and withdrawal score 2.5 stars 1.8 stars 2.5 stars 4.1 stars 3.5 stars
Markets and products score 5.0 stars 2.8 stars 5.0 stars 5.0 stars 2.0 stars
Web platform score 4.3 stars 4.3 stars 3.3 stars 4.3 stars -
Open account Open account Open account Open account Open account

TradeStation Global is our winner, the best online broker for long term investing in Europe. Low trading fees. Wide range of products. Fast customer service.

All are considered safe, and a great choice. Pick the winner, or any runner-up and take the next step in your investment journey. Let us know what you think in the comment section.

Still unsure? Use the broker finder and find the best online broker for you or learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Share

Comments

×