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:
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| Overall score | 4.5 stars | 4.9 stars | 4.6 stars | 4.6 stars | 4.7 stars |
| Fees score | 4.5 stars | 4.2 stars | 4.0 stars | 4.3 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 | 4.3 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 | 4.7 stars | 4.1 stars | 2.5 stars | 4.0 stars |
|
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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 easy-to-use 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!
nextmarkets alternatives
eToro
eToro is a well-known Israeli fintech company and a social trading broker, established in 2007.
Check out our eToro review tailored to the needs of beginner investors and traders.
eToro serves UK clients through a unit regulated by the Financial Conduct Authority (FCA) and Australians through an Australian Securities and Investment Commission (ASIC)-regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission (CySEC).
eToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent.
Being regulated by the top-tier FCA and ASIC is a good sign for eToro's safety.
HEADS UP: Minimum deposit based on residency and account activation – Be sure to check the minimum deposit that is required to activate your account. After uploading your documents, a deposit is also needed in order to make trades. The amount of the deposit required is based on your residency, and ranges from $10 to $10,000. More details are available in the review’s Account opening section.
eToro USA LCC does not offer CFDs, only real Crypto assets available.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading
| Pros | Cons |
|---|---|
| • Free stock and ETF trading | • High non-trading fees |
| • Seamless account opening | • Only one account base currency |
| • Social trading | • Customer support should be improved |
Fees
eToro offers free stock, ETF and options trading, while forex and CFD fees are low. On the negative side, non-trading fees are high, including a $5 withdrawal fee.
| Pros | Cons |
|---|---|
| • Low trading fees | • Inactivity fee |
| • Free stock and ETF trading | • $5 withdrawal fee |
| • Low forex and CFD fees |
| eToro | nextmarkets | |
|---|---|---|
| Apple benchmark fee | $6.4 | $6.7 |
| Vodafone benchmark fee | - | - |
| EURUSD benchmark fee | $15.6 | $13.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Account opening at eToro is seamless and very fast, and the minimum deposit is relatively low for most countries.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| eToro | nextmarkets | |
|---|---|---|
| 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.
Deposit and withdrawal
Depositing money is easy, with a lot of available options, although there is a $5 withdrawal fee. As only USD accounts are available, you may pay a high conversion fee if you deposit or withdraw in another currency, like EUR or GBP.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • User-friendly | • $5 withdrawal fee |
| • Conversion fee for non-USD deposits |
| eToro | nextmarkets | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | No |
| Withdrawal fee | $5 | $0 |
Web trading platform
eToro offers a user-friendly and well-designed web trading platform, where social trading is also available. On the other hand, the platform's customizability is limited.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| eToro | nextmarkets | |
|---|---|---|
| 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.
Markets and products
At eToro, you can trade CFDs and forex, as well as real stocks, ETFs, many cryptos and options. Innovative services like social trading and Smart Portfolios are also available.
| eToro | nextmarkets | |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| Funds | No | No |
| Bonds | No | No |
| Options | Yes | No |
| Futures | No | No |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
How does eToro work? eToro offers zero-commission stock trading. The account opening is swift and seamless. It has a lot of innovative features, like social trading and copying other (successful) traders. Furthermore, eToro offers many cryptos to trade.
It has some drawbacks, though. There is a $5 withdrawal fee and eToro only allows USD accounts, which means that conversion costs on deposits and withdrawals can be high if your funding currency is not USD. It's difficult to contact customer support and their educational materials could be better.
So is eToro good? Overall, we would recommend eToro for its social trading feature, crypto offering and zero-commission stock trading. If you are a long-term stock investor, a traditional stockbroker might make more sense to you as some of the drawbacks of eToro (like not applying reduced withholding tax on US dividends) might outweigh the benefits of free trading.
Risk disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
| eToro | |
|---|---|
| Summary | eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available. |
| Fees score | 4.2 stars |
| Recommended for | Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading |
nextmarkets alternatives
Trading 212
Trading 212 is onboarding clients without a waiting list from the EEA region only. Customers from other eligible countries can join Trading 212's waiting list, but it may take a while until onboarding restrictions are lifted and the waiting list is scrapped.
Trading 212 is a global CFD broker, but clients can also trade stocks and ETFs free of charge. The company was founded in 2004 and is now headquartered in London. Trading 212 is regulated by the UK Financial Conduct Authority (FCA), the Cypriot Cyprus Securities and Exchange Commission (CySEC), and the Bulgarian Financial Supervision Commission (FSC).
Check out our Trading 212 review tailored to the needs of beginner investors and traders.
Trading 212 is considered safe as it is regulated by the top-tier FCA.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms
| Pros | Cons |
|---|---|
| • Real stocks and ETFs are commission-free | • Limited product portfolio |
| • Quick and easy account opening | • High forex fees |
| • Great trading platforms | • USD unavailable as account currency |
Fees
Trading 212 offers commission-free stock and ETF trading, and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high.
| Pros | Cons |
|---|---|
| • Free stock and ETF trading | • High forex fees |
| • No withdrawal and inactivity fee | • High financing rate |
| Trading 212 | nextmarkets | |
|---|---|---|
| Apple benchmark fee | $14.2 | $6.7 |
| Vodafone benchmark fee | $15.3 | - |
| EURUSD benchmark fee | $15.2 | $13.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
The account opening process is straightforward, user-friendly and quick. Our account was verified within one business day.
| Pros | Cons |
|---|---|
| • Fast | • Problems with verification |
| • Fully digital | |
| • No minimum deposit |
| Trading 212 | nextmarkets | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | 1 day |
If you are interested more in Trading 212 minimum deposit, this overview will help you.
Deposit and withdrawal
Trading 212 offers many free deposit and withdrawal options. On the downside, there are only a few account base currencies available in each country, and you can't choose USD.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • USD unavailable as base currency |
| • Free withdrawal | • Few base currencies in each country |
| Trading 212 | nextmarkets | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Trading 212 has a user-friendly web trading platform with great features, like a safe two-step login or easy search. On the negative side, the platform is not customizable.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Two-step (safer) login | |
| • Good search function |
| Trading 212 | nextmarkets | |
|---|---|---|
| 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.
Markets and products
Trading 212 focuses on CFDs (forex, stock, index, etc.) and real stocks/ETFs. As a result, popular asset classes like bonds, mutual funds, options or futures are missing.
| Trading 212 | nextmarkets | |
|---|---|---|
| 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 |
Verdict
Trading 212 is primarily a CFD broker, regulated by multiple financial supervisory authorities.
On the plus side, Trading 212 offers commission-free stocks and ETFs, while most CFD fees and non-trading fees are low as well. The account opening process is seamless and the trading platforms are user-friendly.
However, Trading 212 has a limited product portfolio, lacking popular asset classes such as bonds or options. We found forex fees relatively high and missed USD as an account currency.
So is Trading 212 good? Trading 212 is a good choice for those interested in investing in equities or trading leveraged CFD products, using a great trading platform. As it offers a demo account, don't hesitate to give it a try.
| Trading 212 | |
|---|---|
| Summary | Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well. |
| Fees score | 4.0 stars |
| Recommended for | Equity investors and CFD traders looking for easy-to-use trading platforms |
nextmarkets alternatives
Capital.com
Capital.com is a global CFD broker founded in 2016. It has offices located in the United Kingdom, Cyprus, Australia, Seychelles and Gibraltar, where each is authorized and regulated locally by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority of Seychelles (FSA), respectively.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for investors and cfd traders looking for a great trading platform and excellent customer service
| Pros | Cons |
|---|---|
| • Low forex CFD fees and commission-free real stocks | • Only CFD, real stock, and spread betting (for UK clients) available |
| • Great account opening experience | • Smaller account currencies not available |
| • Excellent email and chat support | • Missing price alert on the web platform |
Fees
Forex , stock, and stock index CFD fees are low and some clients can trade real stocks for free. There are no inactivity or withdrawal fees neither.
| Pros | Cons |
|---|---|
| • Low forex, stock, and stock index CFD fees | None |
| • Commission-free real stocks (with tight spreads) | |
| • No withdrawal or inactivity fee |
| Capital.com | nextmarkets | |
|---|---|---|
| Apple benchmark fee | $2.3 | $6.7 |
| Vodafone benchmark fee | $4.2 | - |
| EURUSD benchmark fee | $13.1 | $13.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Capital.com has one of the best account opening processes we've ever encountered: it is simple, quick, well-designed and intuitive. We are impressed.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit ($20 for card) |
| Capital.com | nextmarkets | |
|---|---|---|
| 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.
Deposit and withdrawal
Deposits and withdrawals are free at Capital.com and many options are provided, including Apple Pay or PayPal. However, only five account base currencies are available.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Minor account currencies not available |
| • Free withdrawal | |
| • No deposit fee |
| Capital.com | nextmarkets | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Capital.com has an easy-to-use and well-designed web trading platform, with clear fee reports and a two-step login. However, the platform has limited customizability and lacks price alerts.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | • No price alerts |
| • Two-step (safer) login |
| Capital.com | nextmarkets | |
|---|---|---|
| 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.
Markets and products
Capital.com has an impressive selection of CFD products compared to other CFD brokers. However, it lacks popular asset types like exchange-listed futures and there is only a few real ETFs available.
| Capital.com | nextmarkets | |
|---|---|---|
| Stocks | No | 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 |
Verdict
Capital.com is a great CFD broker and has entities regulated by top-tier authorities such as the UK's FCA and ASIC in Australia.
On the plus side, forex CFD fees are low, the account opening is very user-friendly, and customer support is exceptional.
Among drawbacks, Capital.com offers only CFDs (equity, index, crypto - the latter not available to UK clients -, commodity, forex) and real stocks as tradable products. Only major currencies are supported as account base currencies and price alerts are not available on the web platform.
As there is no inactivity fee and the account opening is fast, feel free to try Capital.com.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.40% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Capital.com | |
|---|---|
| Summary | Capital.com is a global CFD broker, regulated by the FCA, CySEC, NBRB, and ASIC. |
| Fees score | 4.3 stars |
| Recommended for | Investors and CFD traders looking for a great trading platform and excellent customer service |
nextmarkets alternatives
Plus500
Plus500 is a London Stock Exchange-listed global CFD broker that was founded in 2008 in Israel. It is regulated by several international financial authorities, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
Plus500 has three different platfroms, Plus500 CFD, where you can trade CFDs, Plus500 Invest, where you can trade stocks and Trade Sniper, where you can trade futures. Trade Sniper is only available for US citizens.
Being listed on a stock exchange, regulated by several top-tier financial authorities, and disclosing its financials publicly are all good signs for Plus500's reliability.
Recommended for experienced traders looking for an easy-to-use platform and a great user experience
| Pros | Cons |
|---|---|
| • Easy-to-use platform | • Mediocre research tools |
| • Great account opening | • Average CFD fees |
| • Quick and helpful customer support |
Fees
Plus500 charges no withdrawal fee and has average forex CFD fees. There is an inactivity fee, but it's charged only if you don't log in to the platform.
| Pros | Cons |
|---|---|
| • No withdrawal fee | • Average forex CFD fees |
| • Inactivity fee applies only if you don't log in to the platform |
| Plus500 | nextmarkets | |
|---|---|---|
| Apple benchmark fee | $13.3 | $6.7 |
| Vodafone benchmark fee | $17.0 | - |
| EURUSD benchmark fee | $18.7 | $13.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Plus500 account opening is seamless, fast and fully digital. You can open your trading account within a day.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| Plus500 | nextmarkets | |
|---|---|---|
| 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.
Deposit and withdrawal
Plus500's deposit and withdrawal services are great. You have many options and the processes are simple and free of charge.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | None |
| • Free withdrawal | |
| • No deposit fee |
| Plus500 | nextmarkets | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
The Plus500 web trading platform is quite easy to use and also looks great. On the negative side, it cannot be customized.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability for workspace |
| • Clear fee report | |
| • Two-step (safer) login |
| Plus500 | nextmarkets | |
|---|---|---|
| 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.
Markets and products
At Plus500 you can trade mainly CFDs (CFD forex, stock index, stock, ETF, commodity and crypto). Further popular asset classes, like ETFs or options are not available. Futures trading is only available for US citizens on the Plus500 Trade Sniper platform.
| Plus500 | nextmarkets | |
|---|---|---|
| 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 |
Verdict
Plus500 is a good CFD broker. It is recommended for traders who are aware of the risks of CFD trading. The broker is regulated by several financial authorities globally, including the UK's FCA, and is listed on the London Stock Exchange. If you are not from the UK, you will most likely be served by regulators from other countries where different investor protection rules may apply.
Attention Daytraders! At Plus500, scalping is defined as "a trading strategy based on the notion that client transactions are opened and closed within 2 minutes limit in order to accumulate quick profits from small price changes." If Plus500 believes you are scalping, your account may be blocked and closed. Therefore, if you plan to execute many trades within 2 minutes, Plus500 is not your broker.
The Plus500 platform is easy to use, providing a great user experience even for first-timers. The account opening process and customer support are great.
On the other hand, the brokers' research tools are limited, CFD fees are average and their educational site has room for improvement.
As there is a low minimum deposit required, no withdrawal fee for withdrawals over $100, and the inactivity fee only kicks in after three months, feel free to give Plus500 a try. Just be sure not to use all of your capital, as it is really easy to lose money when trading CFDs with this – or any – provider. There's always a high risk of losing your capital when trading with CFDs, be careful!
| Plus500 | |
|---|---|
| Summary | Plus500 is a global CFD broker, listed on the London Stock Exchange's Main Market and regulated by many authorities including the UK FCA and CySEC of Cyprus. |
| Fees score | 4.0 stars |
| Recommended for | Experienced traders looking for an easy-to-use platform and a great user experience |
nextmarkets alternatives
nextmarkets
nextmarkets is an online broker providing CFD as well as real stock and ETF trading. The company was founded in 2014 and is regulated by the Malta Financial Services Authority (MFSA).
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for traders and investors looking for low fees
| Pros | Cons |
|---|---|
| • Commission free real stocks and ETFs | • Few account base currencies |
| • Quick and easy account opening | • Limited educational tools |
| • Great email and phone support | • No fundamental data or news flow |
Fees
Trading stocks/ETFs at nextmarkets is free for orders above €250, and there's no withdrawal or inactivity fee. However, financing rate calculations are not transparently displayed.
| Pros | Cons |
|---|---|
| • Commission-free stocks and ETFs | • Financing rate calculation is non-transparent |
| • Low CFD fees | |
| • Low non-trading fees |
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| S&P 500 index CFD fee | $2.3 | $3.1 | $1.5 | $2.5 | $3.5 |
| Europe 50 index CFD fee | $1.7 | $3.2 | $2.2 | $4.3 | $3.3 |
| EURUSD benchmark fee | $13.9 | $15.6 | $15.2 | $13.1 | $18.7 |
| GBPUSD benchmark fee | $7.6 | $4.5 | $23.5 | $7.8 | $14.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX
Account opening
The account opening process is straightforward, fast and fully digital, and involves no minimum deposit. Our account was verified within one business day.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • No minimum deposit |
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $10 | $0 | $20 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
Learn more about nextmarkets minimum deposit here.
Deposit and withdrawal
nextmarkets provides free deposit and withdrawal via a user-friendly interface. However, only EUR and GBP (for UK clients) are available as account base currencies.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Limited account base currencies |
| • Free withdrawal | |
| • No deposit fee |
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| 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 trading platform
nextmarkets has a user-friendly web trading platform, with a clear fee report and safe login. On the negative side, the platform is not customizable and lacks price alerts.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | • No price alerts |
| • Two-step (safer) login |
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| 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.
Markets and products
nextmarkets gives access to real stocks, real ETFs and a variety of CFDs (stock, ETF, crypto, index, forex, bond). Some popular asset classes like options or futures are missing, though.
| nextmarkets | eToro | Trading 212 | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| Stocks | Yes | Yes | Yes | No | No |
| ETFs | Yes | Yes | Yes | Yes | No |
| Forex | Yes | Yes | Yes | Yes | No |
| Funds | No | No | No | No | No |
| Bonds | No | No | No | No | No |
| Options | No | Yes | No | No | No |
| Futures | No | No | No | No | Yes |
| CFDs | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | Yes | No | Yes | No |
Verdict
nextmarkets is an EU-based broker providing real stocks, real ETFs and CFDs. It is regulated by the Malta Financial Services Authority (MFSA).
nextmarkets offers commission-free real stocks and ETFs, and its non-trading fees are low. The account opening is fast, easy and fully online. We also liked the speed and quality of customer support.
On the negative side, nextmarkets offers only EUR and GBP-denominated accounts. In addition, it only has some limited reserach and educational tools, missing useful features such as fundamental data, market news or educational videos.
As nextmarkets offers a demo account and requires no minimum deposit for its live account, we encourage you give it a try.
| nextmarkets | |
|---|---|
| Summary | nextmarkets is an online broker providing CFD and real stock, ETF trading. The company is regulated by the Maltese MFSA. |
| Fees score | 4.5 stars |
| Recommended for | Traders and investors looking for low fees |
nextmarkets alternatives
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 | Info | Recommended for |
|---|---|---|
| nextmarkets | Global CFD broker with available stock and ETF trading | Traders and investors looking for low fees |
| eToro | Global social trading broker | Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading |
| Trading 212 | Global CFD broker, but real stocks/ETFs are also available | Equity investors and CFD traders looking for easy-to-use trading platforms |
| Capital.com | Global CFD broker | Investors and CFD traders looking for a great trading platform and excellent customer service |
| Plus500 | Global CFD broker | Experienced traders looking for an easy-to-use 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.
