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Intro and winners
To help you find the best stock trading apps in Europe, we went ahead and did the research for you. First, we looked at the 102 quality online brokers that we cover, then checked their stock trading app and fees. And now, let's see the winners!
Our top 5 picks for the best stock trading apps of 2022 in Europe:
- Saxo Bank is the winner.
- Questrade came in second.
- DEGIRO rounds out the top three.
- TradeStation is fourth.
- Passfolio just made it to the list in fifth place.
| Name | Stock trading app score | ||
|---|---|---|---|
| #1 | Saxo Bank | 5.0 stars | Visit broker |
| #2 | Questrade | 4.8 stars | Visit broker |
| #3 | DEGIRO | 4.5 stars | Visit broker |
| #4 | TradeStation | 4.8 stars | Visit broker |
| #5 | Passfolio | 4.8 stars | Visit broker |
What makes a good stock trading app? First, it has to be user-friendly and provide intuitive solutions. It also has to offer fair fees. Safe login, a good search function, a wide selection of order types, price alerts and order confirmation availability are also among the most important factors when selecting the best of the best.
And now, let's see the best stock trading apps one by one. Starting with the winner, Saxo Bank.
#1 Best stock trading app for Europeans in 2019
Saxo Bank
Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).
Saxo Bank is a global service provider and as such it operates a number of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Markets UK.
Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety.
#1 Saxo Bank
App functionalities and features
Saxo Bank's user-friendly mobile app has the same look and very similar functionalities as the web platform.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good search function |
The Saxo Bank stock trading app is available for both iOS and Android.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | Yes |
| Number of order types | 5 | 5 | 5 | 5 | 3 |
| Search function | Great | Mid-range | Great | Mid-range | Great |
| Price alerts | Yes | Yes | No | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#1 Saxo Bank
Stock trading fees
Saxo Bank stock trading fees are average.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.2 | $0.0 | $0.0 |
| UK stock | $11.2 | - | $3.9 | - | - |
Non-trading fees
Saxo Bank has average non-trading fees.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#2 Best stock trading app for Europeans in 2019
Questrade
Questrade, founded in 1999, is one of the most popular brokerage firms in Canada. It is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF).
Questrade is considered safe because it has a long track record and is regulated by a top-tier regulator.
#2 Questrade
App functionalities and features
The Questrade mobile trading platform is great. It is user-friendly and well-designed.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good variety of order types |
The Questrade stock trading app is available for both iOS and Android.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | Yes |
| Number of order types | 5 | 5 | 5 | 5 | 3 |
| Search function | Great | Mid-range | Great | Mid-range | Great |
| Price alerts | Yes | Yes | No | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#2 Questrade
Stock trading fees
Questrade stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.2 | $0.0 | $0.0 |
| UK stock | $11.2 | - | $3.9 | - | - |
Non-trading fees
Questrade has low non-trading fees.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
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#3 Best stock trading app for Europeans in 2019
DEGIRO
DEGIRO is a German-Dutch online discount broker. It was established in 2008 by former employees of another brokerage company in the Netherlands. DEGIRO merged with flatexDEGIRO Bank AG in early 2021, creating the biggest online execution-only broker in Europe with its own banking license.
Check out our DEGIRO review tailored to the needs of beginner investors and traders.
DEGIRO is regulated by top-tier financial authorities such as the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BaFin) in Germany.
Disclaimer: Investing involves risk of loss.
Disclaimer for UK clients: Deemed authorised and regulated by the Financial Conduct Authority (FCA). The nature and extent of consumer protections may differ from those applicable to firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the FCA's website.
#3 DEGIRO
App functionalities and features
DEGIRO's mobile app has a basic but good design and is pretty straightforward to use.
| Pros | Cons |
|---|---|
| • User-friendly | • No price alerts |
| • Two-step (safer) login | |
| • Touch/Face ID login |
The DEGIRO stock trading app is available for both iOS and Android.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | Yes |
| Number of order types | 5 | 5 | 5 | 5 | 3 |
| Search function | Great | Mid-range | Great | Mid-range | Great |
| Price alerts | Yes | Yes | No | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#3 DEGIRO
Stock trading fees
DEGIRO stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.2 | $0.0 | $0.0 |
| UK stock | $11.2 | - | $3.9 | - | - |
Non-trading fees
DEGIRO has low non-trading fees.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#4 Best stock trading app for Europeans in 2019
TradeStation
TradeStation is a US stockbroker founded in 1982. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients are eligible for up to $500,000 investor protection per account (including cash up to $250,000).
TradeStation is considered safe because it has a long track record; transparently discloses its financials; and its parent company, the Monex Group, is listed on the Tokyo Stock Exchange.
#4 TradeStation
App functionalities and features
TradeStation's mobile platform is great. It is very user-friendly and well-designed, offering price alerts and excellent order management. However, search functions could be better.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited search functions |
| • Two-step (safer) login | |
| • Good variety of order types |
The TradeStation stock trading app is available for both iOS and Android.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | Yes |
| Number of order types | 5 | 5 | 5 | 5 | 3 |
| Search function | Great | Mid-range | Great | Mid-range | Great |
| Price alerts | Yes | Yes | No | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#4 TradeStation
Stock trading fees
TradeStation stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.2 | $0.0 | $0.0 |
| UK stock | $11.2 | - | $3.9 | - | - |
Non-trading fees
TradeStation has average non-trading fees.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#5 Best stock trading app for Europeans in 2019
Passfolio
Passfolio, a global zero-commission stockbroker, is a young and ambitious brokerage founded in 2018. It is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). In addition to the top-tier regulation, clients also enjoy investor protection under the SIPC policy of Passfolio's clearing firm for up to an additional $30 million (with a cash sub-limit of $900,000 per account), subject to an aggregate limit of $150 million.
There is a distinct focus on Brazilian customers at Passfolio, as evidenced by the fact that a good portion of the content it offers is available in Portuguese.
Passfolio is considered safe because it is regulated by top-tier authorities and offers extra protection to investors.
HEADS UP: As of July 2022, Passfolio changed its clearing broker and stopped accepting customers from most countries. This is a major development as previously the broker accepted clients from more than 170 countries worldwide. Supported countries at the broker are: Brazil, Colombia, Mexico, Nigeria, and the US. Residents of unsupported countries cannot open an account at Passfolio and those with an account need to sell all their assets by the end of July 2022. Starting from August 1, 2022 the broker charges a $100 monthly fee for users located in unsupported countries.
#5 Passfolio
App functionalities and features
Passfolio's mobile platform boasts a clear-cut design and its search functions are also solid. What's missing is a wider selection of order types.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited order types |
| • Two-step (safer) login | |
| • Good search function |
The Passfolio stock trading app is available for both iOS and Android.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | Yes |
| Number of order types | 5 | 5 | 5 | 5 | 3 |
| Search function | Great | Mid-range | Great | Mid-range | Great |
| Price alerts | Yes | Yes | No | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#5 Passfolio
Stock trading fees
Passfolio stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.2 | $0.0 | $0.0 |
| UK stock | $11.2 | - | $3.9 | - | - |
Non-trading fees
Passfolio has average non-trading fees.
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
Best stock trading apps in Europe
Bottom line
Now that you've seen the details, let's zoom out. Here is the summary of the best stock trading apps of 2022 in Europe:
| Saxo Bank | Questrade | DEGIRO | TradeStation | Passfolio | |
|---|---|---|---|---|---|
| Mobile platform score | 5.0 stars | 4.8 stars | 4.5 stars | 4.8 stars | 4.8 stars |
| Stock fee class | Average | Low | Low | Low | Low |
Saxo Bank is our winner, the best stock trading app in Europe.
Pick the winner or any runner-up and take the next step in your investment journey. Let us know what you think in the comments section.
Still unsure which app and broker to choose? Use our broker finder tool to find the best app for you or learn more about investing your money.
