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Our top alternative brokers to TradeZero
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TradeZero Alternatives

The best alternatives to TradeZero are

  1. Freetrade - UK discount broker
  2. Revolut - UK discount broker
  3. eToro - Global social trading broker
  4. Trading 212 - Global CFD broker, but real stocks/ETFs are also available

Let's see in a bit more detail how the TradeZero alternatives compare to TradeZero and each other:

TradeZero alternatives comparison
TradeZero Freetrade Revolut eToro Trading 212
Overall score 4.3 4.5 4.3 4.8 4.6
Fees score 4.3 stars 4.7 stars 3.8 stars 4.4 stars 3.7 stars
Account opening score 5.0 stars 5.0 stars 5.0 stars 5.0 stars 4.5 stars
Deposit and withdrawal score 1.8 stars 4.0 stars 3.5 stars 3.9 stars 4.3 stars
Web platform score 4.0 stars - - 4.4 stars 4.4 stars
Markets and products score 2.0 stars 2.0 stars 2.1 stars 4.3 stars 4.1 stars
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68% of retail CFD accounts lose money

Why are these brokers considered good alternatives to TradeZero? There are many areas based on which TradeZero can be compared with others. When we say a given online broker is a good alternative to TradeZero 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.

TradeZero 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:

  • TradeZero is recommended for investors and traders interested in commission-free trading and a focus on us stocks and options.
  • Freetrade is recommended for long-term investors on the hunt for low fees and focusing on the uk and us markets
  • Revolut is recommended for beginners looking for free trading and a great mobile-only trading platform
  • 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

Important factors of finding TradeZero 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 TradeZero 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. TradeZero is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost TradeZero 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 TradeZero 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 cannot make a deposit with your credit card at TradeZero, some alternatives might allow you to do that.

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 TradeZero alternative is a must.


Now let's dive into the details of how TradeZero and its alternatives perform in the most important areas!

TradeZero alternatives
Freetrade

Freetrade is a UK-based fintech startup providing commission-free stock trading, regulated by the UK's Financial Conduct Authority (FCA). The company was founded in 2016. 

Freetrade is considered safe because it is regulated by a top-tier regulator, the FCA.

Recommended for long-term investors on the hunt for low fees and focusing on the uk and us markets

Pros Cons
Free stock and ETF trading Basic product portfolio
Easy and fast account opening Limited research tools
Great mobile trading platform Debit card only for deposits

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Fees
4.7

At Freetrade, you can trade stocks and ETFs free of charge. Also, there are no account, inactivity or withdrawal fees. However, there is a high, 0.45% fee for converting your funds to USD.
Pros Cons
Free stock and ETF trading High currency conversion fee
No inactivity fee
No withdrawal fee
TradeZero vs. Freetrade: Trading fees
Freetrade TradeZero
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee $0.7 $0.7
EURUSD benchmark fee - -

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

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Account opening
5.0

Account opening at Freetrade is fast, fully digital and user-friendly, and there is no minimum deposit. You can choose from 3 different account types.
Pros Cons
Fast None
Fully digital
No minimum deposit
TradeZero vs. Freetrade: Minimum deposit, time to open an account
Freetrade TradeZero
Minimum deposit $0 $250
Time to open account 1 day 1 day

If you are interested more in Freetrade minimum deposit, this overview will help you.

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Deposit and withdrawal
4.0

Deposits and withdrawals are user-friendly and free. On the negative side, no credit cards are accepted and the only available base currency is GBP.
Pros Cons
Free withdrawal Only one account base currency
No deposit fee Debit card available only for deposits
User-friendly
TradeZero vs. Freetrade: Withdrawal options
Freetrade TradeZero
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets Yes Yes
Withdrawal fee $0 $50

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Web trading platform

At Freetrade, you can only trade through a mobile platform, while desktop platform is not available, and web platform is available in beta version only for Freetrade Plus subscribers.
TradeZero vs. Freetrade: Trading platform scores
Freetrade TradeZero
Web platform score - 4.0 stars
Mobile platform score 4.7 stars 4.0 stars
Desktop platform score - 3.8 stars

Learn more about Freetrade's web trading platform in the detailed Freetrade review.

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Markets and products
2.0

Freetrade has a limited product portfolio that covers only stocks and ETFs. There are no other asset classes available, like mutual funds, bonds or options.
TradeZero vs. Freetrade: Markets and products
Freetrade TradeZero
Stocks Yes Yes
ETFs Yes Yes
Forex No No
Funds No No
Bonds No No
Options No Yes
Futures No No
CFDs No No
Crypto No No

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Verdict

Freetrade's fees are great. Stock and ETF trades are free and there is no inactivity fee. Account opening is easy, fully digital and fast. You can use an awesome and user-friendly mobile trading platform.

Freetrade has some drawbacks, though: there are only US and UK stocks and ETFs available for trading. There aren't many research tools and you can't use credit/debit cards for transfers.

If you are looking for stock and ETF trading from the main UK and US exchanges for free and you prefer an easy-to-use mobile trading platform, Freetrade is a good choice.

Freetrade
Summary Freetrade is a UK fintech startup offering a wide selection of commission-free stocks. Freetrade is regulated by the FCA.
Fees score 4.7 stars
Recommended for Long-term investors on the hunt for low fees and focusing on the UK and US markets

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TradeZero alternatives
Revolut

Revolut is a fast-growing fintech startup founded in 2015 and mainly known for its banking and payment services. In 2019, the company launched its commission-free stock trading service, 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 ($100,000 cash) under the Securities Investment Protection Corporation's (SIPC) insurance. The protected amount can vary based on your country of residence. Revolut is also regulated by the UK Financial Conduct Authority (FCA). 

Recommended for beginners looking for free trading and a great mobile-only trading platform

Pros Cons
Free stock trading Limited product portfolio
Fast and easy account opening Basic research and missing educational tools
Great mobile trading platform Poor customer service

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Fees
3.8

Revolut provides a certain number of free stock trades, depending on your plan. On the other hand, it charges a custody fee and outside the monthly allowance the trading fees are quite high.
Pros Cons
Low non-trading fees High trading fees
Free stock trading
TradeZero vs. Revolut: Trading fees
Revolut TradeZero
Apple benchmark fee $14.3 $0.3
Vodafone benchmark fee - $0.7
EURUSD benchmark fee - -

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

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Account opening
5.0

Revolut has an easy, fast, and fully digital account opening, requiring no minimum account balance.
Pros Cons
Fast None
Fully digital
No minimum deposit
TradeZero vs. Revolut: Minimum deposit, time to open an account
Revolut TradeZero
Minimum deposit $0 $250
Time to open account 1 day 1 day

If you are interested more in Revolut minimum deposit, this overview will help you.

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Deposit and withdrawal
3.5

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 with 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
TradeZero vs. Revolut: Withdrawal options
Revolut TradeZero
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No Yes
Withdrawal fee $0 $50

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Web trading platform

Revolut does not offer a web trading platform, it's available only on mobile. This is a drawback, as web-based applications are convenient and accessible from all devices.
TradeZero vs. Revolut: Trading platform scores
Revolut TradeZero
Web platform score - 4.0 stars
Mobile platform score 4.9 stars 4.0 stars
Desktop platform score - 3.8 stars

Learn more about Revolut's web trading platform in the detailed Revolut review.

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Markets and products
2.1

Revolut has a limited product portfolio, as you can only trade certain US stocks, cryptos, gold and silver. It doesn't offer popular asset classes like mutual funds, bonds or options.
TradeZero vs. Revolut: Markets and products
Revolut TradeZero
Stocks Yes Yes
ETFs No Yes
Forex No No
Funds No No
Bonds No No
Options No Yes
Futures No No
CFDs No No
Crypto Yes No

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Verdict

Revolut's fees truly steal the show. If you open any of the three types of accounts, you can trade US stocks for free (though monthly limits may apply). Account opening is easy, fully digital, and fast. You will also have an awesome and user-friendly mobile trading platform at your disposal.

Revolut has some drawbacks though. The product portfolio covers only US stocks and some crypto currencies. Their research tool selection is limited, and the broker offers no educational material at all. Customer service could also be improved.

If you want to trade US stocks for free and are looking for an easy-to-use mobile platform, Revolut is a great choice.

Revolut
Summary Revolut is a UK-based fintech startup that offers commission-free stock trading. Revolut Trading Ltd is regulated by the FCA.
Fees score 3.8 stars
Recommended for Beginners looking for free trading and a great mobile-only trading platform

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TradeZero 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.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% 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

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Fees
4.4

eToro offers free stock and ETF 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
TradeZero vs. eToro: Trading fees
eToro TradeZero
Apple benchmark fee $4.8 $0.3
Vodafone benchmark fee - $0.7
EURUSD benchmark fee $7.8 -

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

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Account opening
5.0

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
TradeZero vs. eToro: Minimum deposit, time to open an account
eToro TradeZero
Minimum deposit $10 $250
Time to open account 1 day 1 day

If you are interested more in eToro minimum deposit, this overview will help you.

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Deposit and withdrawal
3.9

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
TradeZero vs. eToro: Withdrawal options
eToro TradeZero
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes Yes
Withdrawal fee $5 $50

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Web trading platform
4.4

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
Web trading platform of eToro, a TradeZero alternative
TradeZero vs. eToro: Trading platform scores
eToro TradeZero
Web platform score 4.4 stars 4.0 stars
Mobile platform score 4.7 stars 4.0 stars
Desktop platform score - 3.8 stars

Learn more about eToro's web trading platform in the detailed eToro review.

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Markets and products
4.3

At eToro, you can trade CFDs and forex, as well as real stocks, ETFs and many cryptos. Innovative services like social trading and Smart Portfolios are also available.
TradeZero vs. eToro: Markets and products
eToro TradeZero
Stocks Yes Yes
ETFs Yes Yes
Forex Yes No
Funds No No
Bonds No No
Options No Yes
Futures No No
CFDs Yes No
Crypto Yes No

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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. 78% 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.

Cryptoassets are highly volatile and unregulated in the UK. 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.
Fees score 4.4 stars
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

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TradeZero 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

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68% of retail CFD accounts lose money

Fees
3.7

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
TradeZero vs. Trading 212: Trading fees
Trading 212 TradeZero
Apple benchmark fee $16.5 $0.3
Vodafone benchmark fee $14.7 $0.7
EURUSD benchmark fee $26.7 -

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

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68% of retail CFD accounts lose money

Account opening
4.5

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
TradeZero vs. Trading 212: Minimum deposit, time to open an account
Trading 212 TradeZero
Minimum deposit $0 $250
Time to open account 1 day 1 day

If you are interested more in Trading 212 minimum deposit, this overview will help you.

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68% of retail CFD accounts lose money

Deposit and withdrawal
4.3

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
TradeZero vs. Trading 212: Withdrawal options
Trading 212 TradeZero
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes Yes
Withdrawal fee $0 $50

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68% of retail CFD accounts lose money

Web trading platform
4.4

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
Web trading platform of Trading 212, a TradeZero alternative
TradeZero vs. Trading 212: Trading platform scores
Trading 212 TradeZero
Web platform score 4.4 stars 4.0 stars
Mobile platform score 4.9 stars 4.0 stars
Desktop platform score - 3.8 stars

Learn more about Trading 212's web trading platform in the detailed Trading 212 review.

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68% of retail CFD accounts lose money

Markets and products
4.1

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.
TradeZero vs. Trading 212: Markets and products
Trading 212 TradeZero
Stocks Yes Yes
ETFs Yes Yes
Forex Yes No
Funds No No
Bonds No No
Options No Yes
Futures No No
CFDs Yes No
Crypto No No

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68% of retail CFD accounts lose money

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 3.7 stars
Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms

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68% of retail CFD accounts lose money

TradeZero alternatives
TradeZero

TradeZero is a Bahamian stockbroker founded in 2015, targeting non-US investors who want to trade in US markets. Another entity, the US-based TradeZero America was established in 2019 for US investors. TradeZero is regulated by the The Securities Commission of The Bahamas, while TradeZero America is regulated by the top-tier US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

TradeZero is considered safe because, in addition to standard protection for US clients, it holds Excess SIPC (Securities Investor Protection Corporation) insurance through top insurers for all other clients.

Recommended for investors and traders interested in commission-free trading and a focus on us stocks and options.

Pros Cons
Real stocks and ETFs are commission-free High withdrawal fee
Quick and easy account opening Credit/debit cards not accepted for funding
Excellent education and customer support Poor product portfolio.

Fees
4.3

TradeZero offers commission-free stock and ETF trading, and there are also no deposit or inactivity fees. On the other hand, there is a steep $50 withdrawal fee.
Pros Cons
No inactivity fee Withdrawal fee
Free stock and ETF trading
No deposit fee
TradeZero alternatives trading fees
TradeZero Freetrade Revolut eToro Trading 212
US stock $0.0 $0.0 $7.0 $0.0 $0.0
UK stock $0.0 $0.0 - $0.0 $0.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

Account opening
5.0

The account opening process is straightforward, user-friendly and quick. Our account was verified within one business day.
Pros Cons
Fast None
Fully digital
User-friendly
TradeZero alternatives minimum deposit and account open times
TradeZero Freetrade Revolut eToro Trading 212
Minimum deposit $250 $0 $0 $10 $0
Time to open account 1 day 1 day 1 day 1 day 1 day

Learn more about TradeZero minimum deposit here.

Deposit and withdrawal
1.8

You can deposit at TradeZero using wire transfers or electronic wallets, but credit/debit cards are not accepted. There's also a high withdrawal fee, and deposits are only in USD.
Pros Cons
User-friendly Credit/Debit card not available
Electronic wallets available High withdrawal fee
No deposit fee above $500 Only USD deposit available
TradeZero and alternatives withdrawal options and fees
TradeZero Freetrade Revolut eToro Trading 212
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes Yes
Electronic wallets Yes Yes No Yes Yes
Withdrawal fee $50 $0 $0 $5 $0

Web trading platform
4.0

TradeZero has a user-friendly web trading platform with great features. Among the few negatives, we missed two-step authentication for login.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
TradeZero - Web trading platform
TradeZero and alternatives trading platform scores
TradeZero Freetrade Revolut eToro Trading 212
Web platform score 4.0 stars - - 4.4 stars 4.4 stars
Mobile platform score 4.0 stars 4.7 stars 4.9 stars 4.7 stars 4.9 stars
Desktop platform score 3.8 stars - - - -

Learn more about TradeZero's web trading platform in the detailed TradeZero review.

Markets and products
2.0

TradeZero focuses on stocks, options and ETFs. Other popular asset classes such as bonds, mutual funds, forex or futures are missing, though.
TradeZero and alternatives markets and products
TradeZero Freetrade Revolut eToro Trading 212
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes No Yes Yes
Forex No No No Yes Yes
Funds No No No No No
Bonds No No No No No
Options Yes No No No No
Futures No No No No No
CFDs No No No Yes Yes
Crypto No No Yes Yes No

Verdict

TradeZero is a Bahamian stockbroker founded in 2015, mainly targeting non-US investors who want to trade on US markets.

On the plus side, TradeZero offers commission-free stock and ETF trading. The account opening process is seamless, and TradeZero supports its users with excellent education materials and prompt customer service.

On the down side, TradeZero has a high withdrawal fee, and it doesn't allow funding using credit/debit cards. Among other limitations, only USD is available as an account currency, and the product portfolio consists of stocks, ETFs and options only.

So is TradeZero good? TradeZero is a good choice for those who are interested in investing in US and international equities with low trading fees. As it offers a demo account, don't hesitate to give it a try.

TradeZero
Summary TradeZero is a global stock broker with commission-free trading.
Fees score 4.3 stars
Recommended for Investors and traders interested in commission-free trading and a focus on US stocks and options.

TradeZero alternatives
Bottom line

Based on our analysis, there are several good alternatives to TradeZero. They all offer similar products and target similar customers. Here's a recap of the results in a table.

TradeZero alternatives
Broker Info Recommended for
TradeZero Bahamian stockbroker Investors and traders interested in commission-free trading and a focus on US stocks and options.
Freetrade UK discount broker Long-term investors on the hunt for low fees and focusing on the UK and US markets
Revolut UK discount broker Beginners looking for free trading and a great mobile-only trading platform
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

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Dan Sallai

Author of this article

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.
My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

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

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