The best alternatives to nextmarkets are
- eToro - Global social trading broker
- Trading 212 - Global CFD broker, but real stocks/ETFs are also available
- Capital.com - Global CFD broker
- Plus500 - Global CFD broker
Let's see in a bit more detail how the nextmarkets alternatives compare to nextmarkets and each other:
|
Overall score
|
4.4 stars | 4.9 stars | 4.7 stars | 4.6 stars | 4.7 stars |
|---|---|---|---|---|---|
|
Fees score
|
4.5 stars | 4.4 stars | 4.1 stars | 4.4 stars | 4.0 stars |
|
Account opening score
|
5.0 stars | 5.0 stars | 4.5 stars | 5.0 stars | 5.0 stars |
|
Deposit and withdrawal score
|
4.3 stars | 3.8 stars | 4.8 stars | 4.5 stars | 5.0 stars |
|
Web platform score
|
3.8 stars | 4.4 stars | 4.4 stars | 4.4 stars | 4.5 stars |
|
Markets and products score
|
2.1 stars | 4.9 stars | 4.1 stars | 2.5 stars | 4.0 stars |
|
|
Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal |
Visit broker
68% of retail CFD accounts lose money |
Visit broker
84.97% of retail CFD accounts lose money |
Visit broker
82% of retail CFD accounts lose money |
Why are these brokers considered good alternatives to nextmarkets? There are many areas based on which nextmarkets can be compared with others. When we say a given online broker is a good alternative to nextmarkets we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
nextmarkets alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- nextmarkets is recommended for traders and investors looking for low fees
- eToro is recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
- Trading 212 is recommended for equity investors and cfd traders looking for easy-to-use trading platforms
- Capital.com is recommended for investors and cfd traders looking for a great trading platform and excellent customer service
- Plus500 is recommended for experienced traders looking for an innovative platform and a great user experience
Important factors of finding nextmarkets alternatives
So far BrokerChooser has reviewed 102 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether nextmarkets or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. nextmarkets is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost nextmarkets alternative.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At nextmarkets this is not a problem as you can have it ready on the same day you registered.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at nextmarkets, this might not be the case at its alternatives.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given nextmarkets alternative is a must.
Now let's dive into the details of how nextmarkets and its alternatives perform in the most important areas!
eToro
eToro is an excellent choice for those interested in low-cost stock, CFD, forex and crypto trading on an outstanding mobile app. It offers free stock and ETF trading, easy account opening, and one of the best crypto selections in the industry.
Its biggest appeal is copy trading, where you can track the trades and portfolios of other users, while its trading platforms are also intuitive and easy to use, making it suitable for beginners.
It does disappoint in some areas, however: it has high non-trading fees (for withdrawal and currency conversion), inflexible account plans and an elusive customer service.
Note that eToro USA LLC does not offer CFDs, only real crypto assets are available.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
|
S&P 500 CFD spread
|
0.8 | 0.5 |
|---|---|---|
|
Euro Stoxx 50 CFD spread
|
3.0 | 1.0 |
|
Apple CFD fees per $2,000 trade
|
$2.7
|
$1.4
|
|
Minimum deposit
|
$10
|
$0
|
|---|---|---|
|
Time to open account
|
1 day | 1 day |
If you are interested more in eToro minimum deposit, this overview will help you.
|
Bank transfer
|
Yes | Yes |
|---|---|---|
|
Credit/debit card
|
Yes | Yes |
|
Electronic wallets
|
Yes | No |
|
Withdrawal fee
|
$5
|
$0
|
|
Web platform score
|
4.4 stars | 3.8 stars |
|---|---|---|
|
Mobile platform score
|
4.9 stars | 4.8 stars |
|
Desktop platform score
|
- | - |
Learn more about eToro's web trading platform in the detailed eToro review.
Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
|
Stocks
|
Yes | Yes |
|---|---|---|
|
ETFs
|
Yes | Yes |
|
Forex
|
Yes
|
Yes |
|
Funds
|
No | No |
|
Bonds
|
No | No |
|
Options
|
No
|
No |
|
Futures
|
No | No |
|
CFDs
|
Yes | Yes |
|
Crypto
|
Yes
|
Yes
|
Trading 212
Trading 212 is primarily a CFD broker but it also provides commission-free stock and ETF trading. It is regulated by the UK's FCA, the Bulgarian authority FSC and CySEC in Cyprus.
The account opening is fully online, straightforward and quick. Trading 212's web and mobile trading platforms are well-designed and easy to use. It is a good choice for beginner investors.
On the negative side, the product portfolio is limited, and some popular asset classes such as options or bonds are missing. Forex fees are quite high and the research tools are also limited.
BrokerChooser gave Trading 212 a 4.7/5 rating based on analyzing 500+ criteria and testing via opening a live account.
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms
Visit broker
68% of retail CFD accounts lose money
|
S&P 500 CFD spread
|
1.1 | 0.5 |
|---|---|---|
|
Euro Stoxx 50 CFD spread
|
2.4 | 1.0 |
|
Apple CFD fees per $2,000 trade
|
$0.2
|
$1.4
|
|
Vodafone CFD fees per $2,000 trade
|
$0.3
|
-
|
|
Minimum deposit
|
$1
|
$0
|
|---|---|---|
|
Time to open account
|
1 day | 1 day |
If you are interested more in Trading 212 minimum deposit, this overview will help you.
|
Bank transfer
|
Yes | Yes |
|---|---|---|
|
Credit/debit card
|
Yes | Yes |
|
Electronic wallets
|
Yes | No |
|
Withdrawal fee
|
$0
|
$0
|
|
Web platform score
|
4.4 stars | 3.8 stars |
|---|---|---|
|
Mobile platform score
|
4.9 stars | 4.8 stars |
|
Desktop platform score
|
- | - |
Learn more about Trading 212's web trading platform in the detailed Trading 212 review.
Visit broker
68% of retail CFD accounts lose money
|
Stocks
|
Yes | Yes |
|---|---|---|
|
ETFs
|
Yes | Yes |
|
Forex
|
Yes
|
Yes |
|
Funds
|
No | No |
|
Bonds
|
No | No |
|
Options
|
No | No |
|
Futures
|
No | No |
|
CFDs
|
Yes | Yes |
|
Crypto
|
No
|
Yes
|
Capital.com
Capital.com is squarely aimed at CFD traders. The broker has a lot of arguments going in its favor, not least its excellent trading platforms, an outstanding CFD selection and a smooth account opening experience.
Capital.com’s trading platforms are intuitive and easy to use, making it suitable even for beginner traders.
Still, Capital.com is far from being an all-round broker, as popular asset classes such as real stocks and options are not available.
Recommended for investors and cfd traders looking for a great trading platform and excellent customer service
Visit broker
84.97% of retail CFD accounts lose money
|
S&P 500 CFD spread
|
0.8 | 0.5 |
|---|---|---|
|
Euro Stoxx 50 CFD spread
|
2.0 | 1.0 |
|
Apple CFD fees per $2,000 trade
|
$1.9
|
$1.4
|
|
Vodafone CFD fees per $2,000 trade
|
$0.1
|
-
|
|
Minimum deposit
|
$20
|
$0
|
|---|---|---|
|
Time to open account
|
1 day | 1 day |
If you are interested more in Capital.com minimum deposit, this overview will help you.
|
Bank transfer
|
Yes | Yes |
|---|---|---|
|
Credit/debit card
|
Yes | Yes |
|
Electronic wallets
|
Yes | No |
|
Withdrawal fee
|
$0
|
$0
|
|
Web platform score
|
4.4 stars | 3.8 stars |
|---|---|---|
|
Mobile platform score
|
4.9 stars | 4.8 stars |
|
Desktop platform score
|
3.4 stars | - |
Learn more about Capital.com's web trading platform in the detailed Capital.com review.
Visit broker
84.97% of retail CFD accounts lose money
|
Stocks
|
No | Yes |
|---|---|---|
|
ETFs
|
No | Yes |
|
Forex
|
Yes
|
Yes |
|
Funds
|
No | No |
|
Bonds
|
No | No |
|
Options
|
No | No |
|
Futures
|
No | No |
|
CFDs
|
Yes | Yes |
|
Crypto
|
Yes
|
Yes
|
Plus500
Plus500 is a global CFD broker listed on the London Stock Exchange's Main Market and regulated by many authorities, including the UK's FCA and CySEC of Cyprus. Plus500 has a clean site, with an especially well-designed mobile platform. Its account opening process and customer support are great. In our test, we managed to open an account within a day. Plus500 also provides a demo account that can be opened immediately. Futures trading is available on the Plus500 Futures platform, but only for US citizens. On the negative side, Plus500 ha no recommendations or fundamental data available. Also, CFD trading fees are average. BrokerChooser gave Plus500 a 4.7/5 rating based on analyzing 500+ criteria and testing via opening a live account.
Recommended for experienced traders looking for an innovative platform and a great user experience
Visit broker
82% of retail CFD accounts lose money
|
S&P 500 CFD spread
|
0.7 | 0.5 |
|---|---|---|
|
Euro Stoxx 50 CFD spread
|
2.0 | 1.0 |
|
Apple CFD fees per $2,000 trade
|
$9.9
|
$1.4
|
|
Vodafone CFD fees per $2,000 trade
|
$3.7
|
-
|
|
Minimum deposit
|
$100
|
$0
|
|---|---|---|
|
Time to open account
|
1 day | 1 day |
If you are interested more in Plus500 minimum deposit, this overview will help you.
|
Bank transfer
|
Yes | Yes |
|---|---|---|
|
Credit/debit card
|
Yes | Yes |
|
Electronic wallets
|
Yes | No |
|
Withdrawal fee
|
$0
|
$0
|
|
Web platform score
|
4.5 stars | 3.8 stars |
|---|---|---|
|
Mobile platform score
|
5.0 stars | 4.8 stars |
|
Desktop platform score
|
- | - |
Learn more about Plus500's web trading platform in the detailed Plus500 review.
Visit broker
82% of retail CFD accounts lose money
|
Stocks
|
No
|
Yes |
|---|---|---|
|
ETFs
|
No
|
Yes |
|
Forex
|
No
|
Yes |
|
Funds
|
No | No |
|
Bonds
|
No | No |
|
Options
|
No
|
No |
|
Futures
|
Yes | No |
|
CFDs
|
Yes | Yes |
|
Crypto
|
No
|
Yes
|
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 stocks and ETFs and has low CFD fees. The account opening is straightforward, quick and fully online, and customer 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 500+ criteria and testing via opening a live account.
Recommended for traders and investors looking for low fees
|
S&P 500 CFD spread
|
0.5 | 0.8 | 1.1 | 0.8 | 0.7 |
|---|---|---|---|---|---|
|
Euro Stoxx 50 CFD spread
|
1.0 | 3.0 | 2.4 | 2.0 | 2.0 |
|
Apple CFD fees per $2,000 trade
|
$1.4
|
$2.7
|
$0.2
|
$1.9
|
$9.9
|
|
Minimum deposit
|
$0
|
$10
|
$1
|
$20
|
$100
|
|---|---|---|---|---|---|
|
Time to open account
|
1 day | 1 day | 1 day | 1 day | 1 day |
Learn more about nextmarkets minimum deposit here.
|
Bank transfer
|
Yes | Yes | Yes | Yes | Yes |
|---|---|---|---|---|---|
|
Credit/debit card
|
Yes | Yes | Yes | Yes | Yes |
|
Electronic wallets
|
No | Yes | Yes | Yes | Yes |
|
Withdrawal fee
|
$0
|
$5
|
$0
|
$0
|
$0
|
|
Web platform score
|
3.8 stars | 4.4 stars | 4.4 stars | 4.4 stars | 4.5 stars |
|---|---|---|---|---|---|
|
Mobile platform score
|
4.8 stars | 4.9 stars | 4.9 stars | 4.9 stars | 5.0 stars |
|
Desktop platform score
|
- | - | - | 3.4 stars | - |
Learn more about nextmarkets's web trading platform in the detailed nextmarkets review.
|
Stocks
|
Yes | Yes | Yes | No |
No
|
|---|---|---|---|---|---|
|
ETFs
|
Yes | Yes | Yes | No |
No
|
|
Forex
|
Yes |
Yes
|
Yes
|
Yes
|
No
|
|
Funds
|
No | No | No | No | No |
|
Bonds
|
No | No | No | No | No |
|
Options
|
No |
No
|
No | No |
No
|
|
Futures
|
No | No | No | No | Yes |
|
CFDs
|
Yes | Yes | Yes | Yes | Yes |
|
Crypto
|
Yes
|
Yes
|
No
|
Yes
|
No
|
Bottom line
Based on our analysis, there are several good alternatives to nextmarkets. They all offer similar products and target similar customers. Here's a recap of the results in a table.
|
Broker intro
|
Recommended for
|
|
|---|---|---|
| Global CFD broker with available stock and ETF trading | Traders and investors looking for low fees | |
| Global social trading broker | Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading | |
| Global CFD broker, but real stocks/ETFs are also available | Equity investors and CFD traders looking for easy-to-use trading platforms | |
| Global CFD broker | Investors and CFD traders looking for a great trading platform and excellent customer service | |
| Global CFD broker | Experienced traders looking for an innovative platform and a great user experience |
Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
