To help you find the best stock trading apps for Europeans, we went ahead and did the research for you. First, we selected 84 quality online brokers, then checked their stock trading apps and fees, available markets, product selection and much much more. We went deep, so you won't have to.
5 stock trading apps made it to the top list, which we all highly recommend to you. And now, without further ado...
Our top 5 picks for the best stock trading apps of 2021 for Europeans:
- Saxo Bank is the winner. User-friendly. Two-step (safer) login. Good search function.
- Questrade came in second. User-friendly. Two-step (safer) login. Good variety of order types.
- TradeStation rounds out the top three. User-friendly. Two-step (safer) login. Good variety of order types.
- Revolut, numero quattro. User-friendly. Good search function. Touch/Face ID login.
- DEGIRO just made it to the list in 5th place. User-friendly. Two-step (safer) login. Touch/Face ID login.
| Name | Company info | Stock trading app score | |
|---|---|---|---|
| #1 | Saxo Bank | Danish investment bank | 5.0 stars |
| #2 | Questrade | Canadian stockbroker | 4.8 stars |
| #3 | TradeStation | US stockbroker | 4.8 stars |
| #4 | Revolut | UK discount broker | 4.9 stars |
| #5 | DEGIRO | Dutch discount broker | 4.5 stars |
All these stock trading apps are operated by a financial company, usually a brokerage company.
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 engine, a vast selection of order types, price alert and order confirmation availability are also among the factors we deem necessary when selecting the best of the best. These features are easy to list, but hard to figure out. We tested the stock trading apps with real accounts and real money. We know what's up.
Potentially boring, but important stuff: On some trading apps you can trade CFDs. These are complex and very risky instruments, thus not suitable for everyone. You can easily lose all your invested money when trading these products. If you need more details on what a CFD is, check out these CFD trading tips
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 Financial Conduct Authority (FCA).
Saxo Bank is a global service provider and its subsidiaries are present in the form 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 Bank UK.
Saxo Bank is considered safe because it has a long track record, a banking background and is regulated by top-tier financial authorities.
#1 Saxo Bank
App functionalities and features
Saxo Bank's user-friendly mobile platform 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 on both iOS and Android.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | No | Yes |
| # of order types | 5 | 5 | 5 | 4 | 5 |
| Search function | Great | Mid-range | Mid-range | Great | Great |
| Price alerts | Yes | Yes | Yes | Yes | No |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#1 Saxo Bank
Stock trading fees
Saxo Bank stock trading fees are average.
It's not easy to compare trading 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.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.0 | $1.0 | $0.7 |
| UK stock | $10.4 | - | - | - | $2.6 |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 | $0.01 per share, min $4.95, max $9.95; buying ETFs is free, selling costs $0.01 per share | $0.01 per share; min $1 | Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts | $0.004 per share + €0.5 |
| UK stock | 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min | Not available | Not available | Not available | 0.014% + £1.75 with £5 max |
Non-trading fees
Saxo Bank has average non-trading fees.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#1 Saxo Bank
Account opening
Saxo's account opening is fully digital, user-friendly and available in most countries. On the other hand, the minimum deposit is high in certain countries and account verification can take longer.
| Pros | Cons |
|---|---|
| • Fully digital | • Minimum deposit is high in certain countries |
| • User-friendly | • Slow account verification |
| • Available in almost every country |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Minimum deposit | $10,000 | $1,000 | $0 | $0 | $0 |
| Time to open account | >3 days | 1 day | 1 day | 1 day | 1 day |
You can start the account opening process either on the broker's website or within the app.
#1 Saxo Bank
Deposit and withdrawal
Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Electronic wallets not available for deposit or withdrawal |
| • Free withdrawal | |
| • No deposit fee |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | Yes | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#1 Saxo Bank
Markets and products
Saxo Bank's product portfolio covers all asset classes and a lot of markets globally. Mutual funds and crypto are the only areas where the selection could be improved.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock markets (#) | 28 | 8 | 5 | 2 | 30 |
| ETFs (#) | 3,100 | 1,800 | 2,300 | - | 5,400 |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Forex | Yes | Yes | No | No | No |
| Fund | Yes | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | No | Yes |
| Options | Yes | Yes | Yes | No | Yes |
| Futures | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | No | No | No |
| Crypto | Yes | No | Yes | Yes | Yes |
#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 on both iOS and Android.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | No | Yes |
| # of order types | 5 | 5 | 5 | 4 | 5 |
| Search function | Great | Mid-range | Mid-range | Great | Great |
| Price alerts | Yes | Yes | Yes | Yes | No |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#2 Questrade
Stock trading fees
Questrade stock trading fees are low.
It's not easy to compare trading 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.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.0 | $1.0 | $0.7 |
| UK stock | $10.4 | - | - | - | $2.6 |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 | $0.01 per share, min $4.95, max $9.95; buying ETFs is free, selling costs $0.01 per share | $0.01 per share; min $1 | Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts | $0.004 per share + €0.5 |
| UK stock | 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min | Not available | Not available | Not available | 0.014% + £1.75 with £5 max |
Non-trading fees
Questrade has low non-trading fees.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#2 Questrade
Account opening
For Canadian citizens, opening an account at Questrade is easy and fully digital. However, there is a high minimum deposit of $1,000.
| Pros | Cons |
|---|---|
| • Fast | • Minimum deposit is higher than $500 |
| • Fully digital | • Complicated for non-Canadians |
| • User-friendly |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Minimum deposit | $10,000 | $1,000 | $0 | $0 | $0 |
| Time to open account | >3 days | 1 day | 1 day | 1 day | 1 day |
You can start the account opening process either on the broker's website or within the app.
#2 Questrade
Deposit and withdrawal
Deposits and withdrawals are free and user-friendly with electronic transfer for Canadians. However, the process is expensive for non-Canadians and credit/debit cards are not available.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Credit/Debit card not available |
| • No deposit fee | • Slow withdrawal - over 3 days |
| • User-friendly | • High fee for wire withdrawals |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | Yes | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#2 Questrade
Markets and products
At Questrade, you can trade almost all asset classes except futures and cryptos. The product portfolio covers only the US and Canadian markets, though.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock markets (#) | 28 | 8 | 5 | 2 | 30 |
| ETFs (#) | 3,100 | 1,800 | 2,300 | - | 5,400 |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Forex | Yes | Yes | No | No | No |
| Fund | Yes | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | No | Yes |
| Options | Yes | Yes | Yes | No | Yes |
| Futures | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | No | No | No |
| Crypto | Yes | No | Yes | Yes | Yes |
Want to stay in the loop?
Sign up to get notifications about new BrokerChooser articles right into your mailbox.
#3 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; discloses its financials; and its parent company, the Monex Group, is listed on the Tokyo Stock Exchange.
#3 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 on both iOS and Android.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | No | Yes |
| # of order types | 5 | 5 | 5 | 4 | 5 |
| Search function | Great | Mid-range | Mid-range | Great | Great |
| Price alerts | Yes | Yes | Yes | Yes | No |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#3 TradeStation
Stock trading fees
TradeStation stock trading fees are low.
It's not easy to compare trading 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.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.0 | $1.0 | $0.7 |
| UK stock | $10.4 | - | - | - | $2.6 |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 | $0.01 per share, min $4.95, max $9.95; buying ETFs is free, selling costs $0.01 per share | $0.01 per share; min $1 | Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts | $0.004 per share + €0.5 |
| UK stock | 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min | Not available | Not available | Not available | 0.014% + £1.75 with £5 max |
Non-trading fees
TradeStation has average non-trading fees.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#3 TradeStation
Account opening
TradeStation account opening is fully digital, user-friendly and fast. On the other hand, USD is the only available base currency (except for futures accounts).
| Pros | Cons |
|---|---|
| • Fast | • Only USD accounts (unless you trade futures) |
| • Fully digital | |
| • User-friendly |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Minimum deposit | $10,000 | $1,000 | $0 | $0 | $0 |
| Time to open account | >3 days | 1 day | 1 day | 1 day | 1 day |
You can start the account opening process either on the broker's website or within the app.
#3 TradeStation
Deposit and withdrawal
TradeStation's deposit and withdrawal functions are somewhat limited, as you can use only bank transfer; and the fee for wire transfer withdrawals is high.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card not available |
| • Deposit and withdrawal in cryptocurrencies | • High fee for wire withdrawal |
| • Only USD accounts (unless you trade futures) |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | Yes | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#3 TradeStation
Markets and products
TradeStation grants access to a wide variety of US products, but its non-US market coverage is poor. Also, forex and CFDs are not available.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock markets (#) | 28 | 8 | 5 | 2 | 30 |
| ETFs (#) | 3,100 | 1,800 | 2,300 | - | 5,400 |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Forex | Yes | Yes | No | No | No |
| Fund | Yes | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | No | Yes |
| Options | Yes | Yes | Yes | No | Yes |
| Futures | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | No | No | No |
| Crypto | Yes | No | Yes | Yes | Yes |
#4 Best stock trading app for Europeans in 2019
Revolut
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).
#4 Revolut
App functionalities and features
Revolut offers a great and user-friendly mobile trading platform, with Touch/Face ID login and good search functions. On the other hand, there is no two-step login.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Good search function | • Limited order types |
| • Touch/Face ID login |
The Revolut stock trading app is available on both iOS and Android.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | No | Yes |
| # of order types | 5 | 5 | 5 | 4 | 5 |
| Search function | Great | Mid-range | Mid-range | Great | Great |
| Price alerts | Yes | Yes | Yes | Yes | No |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#4 Revolut
Stock trading fees
Revolut stock trading fees are low.
It's not easy to compare trading 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.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.0 | $1.0 | $0.7 |
| UK stock | $10.4 | - | - | - | $2.6 |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 | $0.01 per share, min $4.95, max $9.95; buying ETFs is free, selling costs $0.01 per share | $0.01 per share; min $1 | Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts | $0.004 per share + €0.5 |
| UK stock | 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min | Not available | Not available | Not available | 0.014% + £1.75 with £5 max |
Non-trading fees
Revolut has low non-trading fees.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#4 Revolut
Account opening
Revolut has an easy, fast, and fully digital account opening, requiring no minimum account balance.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • No minimum deposit |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Minimum deposit | $10,000 | $1,000 | $0 | $0 | $0 |
| Time to open account | >3 days | 1 day | 1 day | 1 day | 1 day |
You can start the account opening process either on the broker's website or within the app.
#4 Revolut
Deposit and withdrawal
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 and we experienced issues when canceled orders.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • Free withdrawal | • Funds can be blocked after cancel order |
| • No deposit fee |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | Yes | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#4 Revolut
Markets and products
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.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock markets (#) | 28 | 8 | 5 | 2 | 30 |
| ETFs (#) | 3,100 | 1,800 | 2,300 | - | 5,400 |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Forex | Yes | Yes | No | No | No |
| Fund | Yes | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | No | Yes |
| Options | Yes | Yes | Yes | No | Yes |
| Futures | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | No | No | No |
| Crypto | Yes | No | Yes | Yes | Yes |
#5 Best stock trading app for Europeans in 2019
DEGIRO
DEGIRO is a Dutch online discount broker. It is privately owned and was established in 2008 by former employees of another brokerage company.
DEGIRO is regulated by top-tier financial authorities such as the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). It is registered with the Chamber of Commerce and Industry in Amsterdam.
Disclaimer: Investing involves risk of loss.
Disclaimer for UK clients: Deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for 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 Financial Conduct Authority’s website.
#5 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 on both iOS and Android.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | No | Yes |
| # of order types | 5 | 5 | 5 | 4 | 5 |
| Search function | Great | Mid-range | Mid-range | Great | Great |
| Price alerts | Yes | Yes | Yes | Yes | No |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#5 DEGIRO
Stock trading fees
DEGIRO stock trading fees are low.
It's not easy to compare trading 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.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $10.0 | $5.0 | $1.0 | $1.0 | $0.7 |
| UK stock | $10.4 | - | - | - | $2.6 |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| US stock | $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 | $0.01 per share, min $4.95, max $9.95; buying ETFs is free, selling costs $0.01 per share | $0.01 per share; min $1 | Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts | $0.004 per share + €0.5 |
| UK stock | 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min | Not available | Not available | Not available | 0.014% + £1.75 with £5 max |
Non-trading fees
DEGIRO has low non-trading fees.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#5 DEGIRO
Account opening
The account opening process at DEGIRO is fast, fully digital, and no minimum deposit is required.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • No minimum deposit |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Minimum deposit | $10,000 | $1,000 | $0 | $0 | $0 |
| Time to open account | >3 days | 1 day | 1 day | 1 day | 1 day |
You can start the account opening process either on the broker's website or within the app.
#5 DEGIRO
Deposit and withdrawal
DEGIRO deposits and withdrawals are free of charge via bank transfer. On the other hand, you cannot deposit funds using a credit or debit card.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Credit/Debit card not available |
| • No deposit fee | |
| • Several account base currencies |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | Yes | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#5 DEGIRO
Markets and products
At DEGIRO, you can access many markets and trade a lot of different products. CFD and forex are not available, though.
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock markets (#) | 28 | 8 | 5 | 2 | 30 |
| ETFs (#) | 3,100 | 1,800 | 2,300 | - | 5,400 |
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Forex | Yes | Yes | No | No | No |
| Fund | Yes | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | No | Yes |
| Options | Yes | Yes | Yes | No | Yes |
| Futures | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | No | No | No |
| Crypto | Yes | No | Yes | Yes | Yes |
Best stock trading apps for Europeans
Bottom line
Now that you have seen the details, let's zoom out. Here are the best stock trading apps of 2021 for Europeans:
| Saxo Bank | Questrade | TradeStation | Revolut | DEGIRO | |
|---|---|---|---|---|---|
| Stock fee class | Average | Low | Low | Low | Low |
| Mobile platform score | 5.0 stars | 4.8 stars | 4.8 stars | 4.9 stars | 4.5 stars |
| Account opening score | 2.5 stars | 3.8 stars | 5.0 stars | 5.0 stars | 5.0 stars |
| Deposit and withdrawal score | 4.8 stars | 2.7 stars | 2.3 stars | 3.5 stars | 3.3 stars |
| Markets and products score | 5.0 stars | 4.2 stars | 2.8 stars | 1.8 stars | 3.5 stars |
Saxo Bank is our winner, the best stock trading app for Europeans. User-friendly. Two-step (safer) login. Good search function.
We consider all these stock trading apps 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 comments section.
Still unsure which app and broker to choose? Use our the broker finder tool to find the best app for you or learn more about investing your money.
