Why choose nextmarkets
nextmarkets announced on March 28, 2023 its decision to liquidate its subsidiaries and other assets, prior to finalizing its latest agreement with new investor Apeiron Investment Group. We recommend holding off on opening an account with nextmarkets until more information is available.
nextmarkets is an online broker providing CFD, stock and ETF trading. It offers commission-free real stock and ETF trading and has low CFD fees. The account opening is straightforward, quick and fully online, and customer service via email/phone is also fast and helpful. It is a good choice for beginner investors.
On the negative side, nextmarkets only offers EUR and GBP (for UK clients) accounts. In addition, educational tools are limited solely to texts, and nextmarkets offers no fundamental data or market news to aid your trading decisions.
BrokerChooser gave nextmarkets a 4.4/5 rating based on analyzing 600+ criteria and testing via opening a live account.
- Commission-free real stocks and ETFs
- Quick and easy account opening
- Great email and phone support
43.26% of retail CFD accounts lose money
Not sure if this is the right broker for you? See the best ones.
See how the best brokers in the United States compare to nextmarkets
Fees
- Commission-free stocks and ETFs
- Low CFD fees
- Low non-trading fees
We compared nextmarkets's fees with two similar brokers we selected, eToro and Trading 212. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of nextmarkets alternatives.
Low real stock and ETF commission
nextmarkets US stock fees are about half of the industry average. US stock fees are calculated as follows: 0.05% per trade, min. €2, max. €29
Broker | US stock |
---|---|
nextmarkets | $2.2 |
eToro | $0.0 |
Trading 212 | $0.0 |
However, commissions are waived only if your order is at least €500. Orders below €500 come with a flat fee of €2.50 per trade.
Also, for German stocks bought on XETRA, there is a volume-based commission of 0.025%, with a minimum of €4.99.
Low FX fees
All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 0.6.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
nextmarkets | 0.6 | No commission is charged |
eToro | 1.0 | No commission is charged |
Trading 212 | 1.0 | No commission is charged |
Low index CFD fees
All index CFD fees are built into the spread. For example, the spread for S&P 500 index CFDs is 0.5.
Broker | S&P 500 CFD spread |
---|---|
nextmarkets | 0.5 |
eToro | 0.9 |
Trading 212 | 1.1 |
Low inactivity fee, low withdrawal fee
There's no deposit fee, however a small amount is charged for withdrawal and inactivity.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
nextmarkets | $5 | |
eToro | $5 | |
Trading 212 | $0 |
There's an inactivity fee of €5 charged monthly if there was no transaction within the last 6 months.
Other commissions and fees
Low stock CFD fees: all stock CFD fees are built into the spread. The spread for Apple stock CFDs, for example, is 0.2.
Broker | Apple CFD | Vodafone CFD |
---|---|---|
nextmarkets | $1.1 | - |
eToro | $3.8 | - |
Trading 212 | $0.2 | $0.4 |
Check out a detailed analysis of all the fees, commissions, and other charges levied by nextmarkets for more information.
Safety
- Negative balance protection
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Two-step (safer) login
- Good search function
Web trading platform
- User-friendly
- Clear fee report
- Two-step (safer) login
Product selection
FAQ
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.