Best online brokers for buy and hold investors in Europe

TradeStation Global
4.6
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Firstrade
4.5
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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 62 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 and relevant 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 broker 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 4.2 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, which is based in the UK and regulated by the top-tier FCA. TradeStation International is the subsidiary of TradeStation, and an introducing broker of Interactive Brokers (IB).  

Therefore, TradeStation Global is a combined product of TradeStation and IB. You can reach IB's markets almost at IB's fees. You can trade on both IB's and TradeStation's desktop platform. The customer service is by TradeStation. 

Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on 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 Not user-friendly deposit and withdrawal
Wide range of products Complicated account opening
Fast and relevant customer service Limited education materials

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#1 TradeStation Global
Fees

TradeStation Global has low trading fees, especially for stock and ETF. It's also great that there is no inactivity fee and the first withdrawal in 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 It is called platform fee and it is €5 per month. No inactivity fee charged No inactivity fee

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

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#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 required deposit.
Pros Cons
Fast Minimum deposit is higher than $500
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

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#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 every 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

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#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

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#1 TradeStation Global
Web trading platform
4.3

You can use Interactive Brokers' web trading platforms. 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 Difficult to set the alerts
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 4.3 3.3 4.2 -
Mobile platform score 3.5 3.3 3.8 4.7 4.0
Desktop platform score 3.0 - 2.8 - -

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#1 TradeStation Global
Verdict

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

On the other hand, the deposit and withdrawal process is not user-friendly and you can use only a bank transfer. The account opening is complicated and for full account verification, a minimum deposit of $1,000 is needed. Lastly, the education section could be extended with more materials, as of now, it is limited.

If you prefer low fees with IB's product range, feel free to try TradeStation Global.

TradeStation Global
Summary TradeStation Global is an introducing broker for EU clients. It 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

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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

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#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 It is called platform fee and it is €5 per month. No inactivity fee charged No inactivity fee

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

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#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

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#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

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#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

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#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 4.3 3.3 4.2 -
Mobile platform score 3.5 3.3 3.8 4.7 4.0
Desktop platform score 3.0 - 2.8 - -

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#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

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LYNX Logo

#3 Best online broker for investors
LYNX

4.2

LYNX is a Netherlands-based stockbroker founded in 2006.

LYNX is also an introducing broker of Interactive Brokers. This practically means that your deposited funds will be held at Interactive Brokers' accounts but the 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 regulators.

Recommended for 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 are not user-friendly
Low stock and ETF trading fees €3,000 minimum deposit
Great mobile platform Not user-friendly desktop platform

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#3 LYNX
Fees

LYNX has low trading fees for stocks, ETFs and funds. On the other hand, its forex fees are high and it 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 It is called platform fee and it is €5 per month. No inactivity fee charged No inactivity fee

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

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#3 LYNX
Account opening
2.5

LYNX's account opening is fully digital and user-friendly. However, there is a €3,000 minimum deposit and the account opening took us over three days.
Pros Cons
Fully digital Slow
User-friendly Minimum deposit is higher than $500
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

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#3 LYNX
Deposit and withdrawal
2.5

You can fund your account in many base currencies and there is also one free withdrawal per month. However, you can only use bank transfer and the process is not user-friendly.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Not user-friendly
Several account base currencies
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

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#3 LYNX
Markets and products
5.0

At LYNX you can trade with all the asset classes and reach 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

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#3 LYNX
Web trading platform
3.3

The LYNX web trading platform is simple and easy to use. You can execute your order via several order types and access a clear fee report. On the negative side, it lacks the 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 4.3 3.3 4.2 -
Mobile platform score 3.5 3.3 3.8 4.7 4.0
Desktop platform score 3.0 - 2.8 - -

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#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, the deposit and withdrawal options are limited. There is also a €3,000 minimum deposit and its desktop platform is quite complicated.

Feel free to try LYNX if you are a European client and prefer 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 European traders looking for low stock and ETF fees and a good mobile trading platform

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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. 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 it has a long track record.

For clarity, in this review we focus 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

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#4 Swissquote
Fees

Swissquote doesn't charge an inactivity fee and you can trade an impressive selection of funds for favorable fees. On the other hand, trading fees are generally high, including for stocks and ETFs, and there is a fee for withdrawing your money.
Pros Cons
Low forex fees High trading fees
Low fund fees High stock and ETF fees
No inactivity fee High bond fees
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 It is called platform fee and it is €5 per month. No inactivity fee charged No inactivity fee

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

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#4 Swissquote
Account opening
4.0

Swissquote offers a fully digital account opening, although we encountered some technical difficulties during the identification process. There is no minimum deposit for trading accounts, but a high minimum for forex and robo-advisory accounts.
Pros Cons
Fully digital Technical difficulties
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

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#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.
Pros Cons
Quick deposit and withdrawal - within 3 days Credit/Debit card withdrawal not available
Several account base currencies for forex account
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

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#4 Swissquote
Markets and products
4.9

At Swissquote (CH) you have access to 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

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#4 Swissquote
Web trading platform
4.2

The Swissquote (CH) eTrading platform has a lot of functions, so many that sometimes it can get complicated. Customizability is good and a there is a clear overview of trading fees, but you may run into some bugs.
Pros Cons
Clear fee report Account login and search function bugs
Good customizability (for charts, workspace) Easy to get lost among functions
Available in several languages
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 4.3 3.3 4.2 -
Mobile platform score 3.5 3.3 3.8 4.7 4.0
Desktop platform score 3.0 - 2.8 - -

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#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 asset classes 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 comes for 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

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Revolut Logo

#5 Best online broker for investors
Revolut

4.2

Revolut is a fast-growing fintech startup founded in 2015 and it's 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 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

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

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#5 Revolut
Fees

Besides trading stocks for free with Revolut, you don't have to pay any inactivity or withdrawal fee. There is only 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 It is called platform fee and it is €5 per month. No inactivity fee charged No inactivity fee

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

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#5 Revolut
Account opening
5.0

Revolut has an easy, fast, and fully digital account opening and there's 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

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#5 Revolut
Deposit and withdrawal
3.5

Revolut offers several deposit options and both deposits and withdrawals are free even with wire transfers. On the negative side, you can only use USD-based accounts for trading.
Pros Cons
Credit/Debit card available Only USD-accounts for trading
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

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#5 Revolut
Markets and products
2.0

Revolut has a limited product portfolio as you can only trade with certain US stocks and cryptos. It lacks other popular asset classes, like mutual funds, bonds, options, etc.
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

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#5 Revolut
Web trading platform

Revolut doesn't offer a trading platform on the web, it's available only on mobile. Offering a web-based application is very common today as it is convenient to use and accessible from all devices. This is a drawback.
Revolut trading platforms
TradeStation Global Firstrade LYNX Swissquote Revolut
Web platform score 4.3 4.3 3.3 4.2 -
Mobile platform score 3.5 3.3 3.8 4.7 4.0
Desktop platform score 3.0 - 2.8 - -

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#5 Revolut
Verdict

Revolut's fees are great. With all three types of accounts, you can trade US stocks for free. The 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 stocks from the US market. There are only a few research, while educational tools are totally missing. The customer service could be improved

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

Revolut
Summary Revolut is UK-based fintech startup that offers commission-free stock trading. Revolut Trading Ltd is regulated by the FCA.
Overall score 4.2
Recommended for Beginners looking for free trading and a great mobile-only trading platform

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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 4.2
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 4.4 2.5 4.0 5.0
Deposit and withdrawal score 2.5 1.8 2.5 4.1 3.5
Markets and products score 5.0 2.8 5.0 4.9 2.0
Web platform score 4.3 4.3 3.3 4.2 -
Visit broker Visit broker Visit broker Visit broker Visit broker

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

Tibor Bedő

Tibor Bedő

Co-founder, CEO

Author of this article

Tibor believes having a good stockbroker is everybody's privilege. He worked extensively in the financial industry, including at Morgan Stanley and at The Boston Consulting Group (BCG). He advised leading European banks on strategy, finance and risk management.

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

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