Best stock brokers for Europeans in 2024

Written by
Gyula L.
Fact checked by
Tamás D.
Updated
3w ago
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in your country.

Find below the strengths of the best stock trading platforms available for Europeans, updated for 2024:

  1. Interactive Brokers - the best stock broker for Europeans in 2024. Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  4. Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
  5. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  6. SoFi Invest - Free stock and ETF trading. Fast and fully digital account opening. Fast customer support.
  7. Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  8. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  9. Robinhood - Free US stock and ETF trading. Great mobile and web trading platforms. Fast and fully digital account opening. Interest paid on uninvested cash.
  10. Vanguard - Stocks and ETFs are free to trade. Easy account opening. Great mobile trading platform. Interest paid on uninvested cash.
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Overview of the best stock brokers for Europeans

While many online stock brokers offer an excellent service, the ones in our toplist go the extra mile.

Broker
Minimum deposit
Time to open account
Interactive Brokers
$0
1-3 days
eToro
$10
1 day
Fidelity
$0
1-3 days
Zacks Trade
$0
>3 days
Charles Schwab
$0
1 day
SoFi Invest
$0
1-3 days
Webull
$0
1 day
Alpaca Trading
$0
1 day
Robinhood
$0
1 day
Vanguard
$0
1-3 days
Best stock brokers for Europeans data compiled for March 2024

Popularity of the best stock brokers for Europeans

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

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Stock trading fees

Broker
US stock
German stock
Interactive Brokers
$1.0
$3.2
eToro
$0.0
$0.0
Fidelity
$0.0
$20.5
Zacks Trade
$1.0
$13.0
Charles Schwab
$0.0
-
SoFi Invest
$0.0
-
Webull
$0.0
-
Alpaca Trading
$0.0
-
Robinhood
$0.0
-
Vanguard
$0.0
-
Stock trading fees at the best stock brokers for Europeans March 2024
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Non-trading fees

Broker
Withdrawal fee
Inactivity fee
Interactive Brokers
$0
eToro
$5
Fidelity
$0
Zacks Trade
$0
Charles Schwab
$0
SoFi Invest
$0
Webull
$0
Alpaca Trading
$0
Robinhood
$0
Vanguard
$0
Best stock trading platforms non-trading fees

Can I trust these stock brokers for Europeans?

Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 30,000 brokers and trading platforms that we don't recommend. To make sure that a broker is reputable and reliable, use our Scam Broker Shield tool.

Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.

Broker
Top-tier regulators
Trusted broker
Interactive Brokers
FCA in the UK, SEC in the US, and ASIC in Australia
eToro
FCA in the UK, SEC in the US, and ASIC in Australia
Fidelity
SEC and FINRA in the US
Zacks Trade
SEC and FINRA in the US
Charles Schwab
SEC and FINRA in the US
SoFi Invest
SEC and FINRA in the US
Webull
SEC and FINRA in the US
Alpaca Trading
SEC and FINRA in the US
Robinhood
SEC and FINRA in the US
Vanguard
SEC and FINRA in the US
Trust metrics for the best stock brokers for Europeans in 2024
We label a broker as trusted if it has reliable regulation.

How to choose a stock broker in Europe?

If you want to invest in mega stocks like Apple (AAPL) and Tesla (TSLA) or your secret local company that you are convinced will bring you great returns, you will need to find a reputable and reliable broker and open an account. A brokerage account is like a bank account but for buying and selling stocks and other securities.

As a European investor, you have thousands of brokers to choose from and we are here to make this selection process easier for you. Our brokerage experts, stock traders themselves, have live tested more than one hundred brokers globally and this is what they recommend you should consider before committing to a broker.

  1. Regulation: You should never ever compromise on safety. Make sure the broker you work with is regulated by a reputable financial authority such as the US Securities and Exchange Commission (SEC), the UK Financial Conduct Authority (FCA), or the Australian Securities and Investments Commission (ASIC). Being overseen by a top-tier regulator means the broker operates with transparency and adheres to strict financial standards. Also find out whether your local financial market regulator requires brokers operating in your country to be licensed locally.
  2. Fees: Your trading costs have a direct impact on your profitability. Check and compare stock trading fees and other charges (such as the inactivity fee if you are a nuy-and-hold investor) the broker uses. A reliable broker will have a transparent pricing model without any hidden fees.
  3. Trading platform: Whether a beginner or an experienced trader, the trading platform a broker offers is a key issue. As a beginner, you will want a platform that is easily understandable and comes equipped with straightforward navigation/functionalities. Advanced traders will typically look for the availability of more complex technical analysis tools.
  4. Deposit and withdrawal options: Look into the available deposit and withdrawal methods. Ensure the broker supports convenient and secure payment methods for both funding and withdrawing from your trading account.
  5. Demo account: This is a must have if you are just starting out as a trader. Demo accounts simulate real trading accounts but you use virtual money. These are perfect for practicing and learning a few tricks without risking your money.
  6. Fundamental data and research tools: NAy stock trader/investor will tell you that success lies in researching the stocks you many want to buy. Heed their advice and look into the fundamental data of these companies (i.e. financial statements, earnings reports, industry trends, and overall performance). A good stock broker will provide you with data and tools to do this.

If you are a resident of a European country, you can choose a broker that is from Europe or from another continent (i.e. the US or Australia). A lot of US and Australian brokers accept European clients.

Most European countries have an investor protection scheme to protect traders and investors in the event their broker goes bankrupt. Note that you will only be eligible for investor protection if your broker is a member of such a scheme.

And now, let's see the top stock brokers for Europeans in detail one by one, starting with the winner, Interactive Brokers.

Visit broker

Interactive Brokers snapshot
Recommended for Traders looking for broad market access and a professional trading environment
US stock fee $1.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 4.3 stars
Time to open account 1-3 days
Demo account Yes
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

eToro snapshot
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
US stock fee $0.0
Inactivity fee Yes
Minimum deposit $10
Mobile platform score 4.9 stars
Time to open account 1 day
Demo account Yes
Read review For a detailed analysis of eToro services, check out our review for 2024

Visit broker

Fidelity snapshot
Recommended for Investors and traders looking for solid research and great trading platforms
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 5.0 stars
Time to open account 1-3 days
Demo account Yes
Read review For a detailed analysis of Fidelity services, check out our review for 2024

Visit broker

Zacks Trade snapshot
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees
US stock fee $1.0
Inactivity fee Yes
Minimum deposit $0
Mobile platform score 3.5 stars
Time to open account >3 days
Demo account Yes
Read review For a detailed analysis of Zacks Trade services, check out our review for 2024

Visit broker

Charles Schwab snapshot
Recommended for Investors and traders looking for solid research, low fees and great customer service
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 4.2 stars
Time to open account 1 day
Demo account Yes
Read review For a detailed analysis of Charles Schwab services, check out our review for 2024

Visit broker

SoFi Invest snapshot
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 4.7 stars
Time to open account 1-3 days
Demo account No
Read review For a detailed analysis of SoFi Invest services, check out our review for 2024

Visit broker

Webull snapshot
Recommended for Investors and traders looking for zero-commission trading and easy platforms
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 5.0 stars
Time to open account 1 day
Demo account Yes
Read review For a detailed analysis of Webull services, check out our review for 2024

Visit broker

Alpaca Trading snapshot
Recommended for Traders interested in algorithmic stock trading
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 4.2 stars
Time to open account 1 day
Demo account Yes
Read review For a detailed analysis of Alpaca Trading services, check out our review for 2024

Visit broker

Robinhood snapshot
Recommended for Beginners and buy-and-hold investors focusing on the US stock market
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 5.0 stars
Time to open account 1 day
Demo account No
Read review For a detailed analysis of Robinhood services, check out our review for 2024

Visit broker

Vanguard snapshot
Recommended for Long-term investors looking for great ETF and mutual fund selection
US stock fee $0.0
Inactivity fee No
Minimum deposit $0
Mobile platform score 4.4 stars
Time to open account 1-3 days
Demo account No
Read review For a detailed analysis of Vanguard services, check out our review for 2024

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How did BrokerChooser select the best stock brokers for Europeans?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared stock fees and non-trading fees (e.g. currency conversion, withdrawal or inactivity),
  • Checked whether the broker offers fractional share trading,
  • Compared the number of equity markets,
  • Checked minimum deposit requirements,
  • Opened an account and tested the platform (charting, features, usability, customer service).


Save hours of research!

Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

FAQ

Are these brokers safe?

Yes, the brokers on this list are all considered safe and rock solid. You can be sure none of them is a scam. They are each regulated by at least one top-tier regulator.

What is a stock?

A stock, also known as a share or equity, represents ownership in a company. When you buy a stock, you will become a partial owner of that company, aka a shareholder. This ownership entitles you to certain rights and potential financial benefits. Stocks are traded on stock exchanges like the New York Stock Exchange (NYSE) or the NASDAQ. These exchanges are marketplaces where buyers and sellers can 'meet' to trade shares. Stock trading in our age is done digitally around the world.

What is an ETF?

An ETF (short for Exchange-Traded Fund) is an investment fund that trades on a stock exchange. It offers a way to gain exposure to a diversified portfolio of assets without having to purchase each security individually. There are many types of ETFs, some track the performance of a given stock index (i.e. S&P500) or a sector of the economy (i.e. information technology) and the list goes on. ETFs have gained popularity due to their convenience, liquidity, and potential for diversification.

What is a stock broker?

A stock brokerage, also called an online broker by some, is a financial institution or a platform that facilitates the buying and selling of various financial securities, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more. Brokers act as intermediaries between individual investors and the financial markets, enabling investors to execute trades and manage their investment portfolios.

Stock brokers come in many shapes and sizes, so it's important to choose a brokerage that aligns with your investment goals, trading style, and preferences. For instance, if you don't want to trade regularly, look for a broker that does not charge an inactivity fee.

Which broker should I use as a beginner?

Low fees and an excellent mobile platform make a broker great for beginners. Beginners can also benefit greatly if a broker has excellent educational material, and tools, such as a demo account. The best way to start your journey in the world of investing is by learning. We provide a great starting point on our education page, where you can find a lot of useful learning materials. Here we give you some tips on how to start investing. To find the best online broker for your level of expertise and risk-tolerance, use our find my broker tool.

Where should a beginner invest in stocks?

Before you make stock investments, you should draw up a plan, which involves several basic questions you ought to think about, such as what is your objective, how much time do you want to spend investing and what level of risk you want to take. For beginners, one of the best ways to to starting investing in stocks is choosing an index fund or stock mutual funds, which are an easy and low-cost way to tip your toe into the stock market. We put together a guide on how to start investing in stocks, and how to buy shares online. We explicitly guide you through how to invest in stocks. We also give you tips on how much you should invest when you are starting out. You can also browse through our top recommendations for best trading platforms for stocks.

Is trading gambling?

Trading is not gambling, although some poeple might treat it like that, but they will learn quickly that gamblers lose their money. The goal of a trader is to make predictions that will be as accurate as possible to make money, while gamblers can't predict anything, they bet. People who trade for the thrill of it, or because they want to prove something, or can’t accept losing on the market from time to time, and don’t have a plan or consistency, are trading in a gambling style. New online trading apps have recently come under the spotlight for bringing a gambling aspect into trading. The gamification of trading, with easy-to-use online platforms, little education for retail traders and the social pressure of FOMO also contribute to a gambling attitude on the market. Serious traders should consider their objectives, their attitudes to risk, and carefully devise an investment strategy when entering a market.

How to buy stocks?

The actual process of buying stocks is not complicated. Here's what you need to do:

Choose a reliable stock broker and open a trading account. Deposit funds into your trading account using a bank transfer or your credit/debit card or an electronic wallet (if available at the broker). Once you have money in your account, log into the trading platform provided by the broker, select the stock you want to invest in and place an order. Select the order type: market order (this buys the stock at the current market price) or limit order (with this, your trade won't be executed unless the stock reaches or goes below the price specified by you). Double-check your order details and make sure everything is correct before confirming the trade.

Is trading hard to learn?

Trading is not diffficult to learn if you invest enough time and energy into it. But that is a big if. Plenty of people trade, but the more time you spend studying trading, the more you practice, - as with everything else -, the better results you can expect. Knowing yourself, your attitude to risk-taking, and being patient and disciplined are also crucial factors if you want to be successful. Keep a cool head, don’t look for easy money, commit to studying trading and always have a trading plan. Our aim is to make personal investing as clear and accessible for you, as possible. Our educational page is a good starting point. You can also learn from our expert traders about the difference between investing and trading, and learn here about how to become a trader. You can also learn about different investment strategies from us.

Want to learn more?

Check out these articles written by our broker and trading experts:

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Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

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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