19 rows · 29/08/ · What are the best European brokers? The best European brokers that are regulated are IC 08/08/ · Top European Forex Brokers. The best ESMA regulated forex brokers in Europe based on spreads and features are the following. Pepperstone - Top overall forex broker in Estimated Reading Time: 9 mins If you are interested to know the tax trading laws in a particular European country, on InvestinGoal we have covered the top 10 best forex brokers for various European countries: Our top 5 picks for the best brokers for day trading in for Europeans are: Interactive Brokers - the best broker for day trading in Low trading fees. Wide range of products. Best trading platform in Europe for Gergely K. Dec 1st place Saxo Bank Visit broker 2nd place Oanda Visit broker % of retail CFD accounts lose money 3rd place NinjaTrader ... read more
Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission CFTC and the UK's Financial Conduct Authority FCA.
You can also connect the following brokerage accounts to NinjaTrader platforms: Interactive Brokers , TD Ameritrade , Oanda , Forex. com , FXCM and City Index. The advantage of connecting these accounts is that you can trade other popular asset classes, like stocks, on NinjaTrader's great platform.
CMC Markets is a global CFD and forex broker, founded in It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority FCA.
The company is also listed on the London Stock Exchange. Having a long track record, being listed on a stock exchange and being regulated by top-tier authorities are great signs for CMC Markets' reliability. Recommended for forex and cfd traders looking for an advanced trading platform with many research tools. Fees were not a selection factor but we wanted to help you see how much you have to pay if you want to sign up with any of the brokers that offer the best trading platforms in Europe.
If your primary focus is only fees , we recommend you check out our list featuring the best discount brokers. To recap some of the most important aspects of fees, let's go over some lingo first.
What you need to keep an eye on are trading fees and non-trading fees. You can compare below the trading fees of the 4 featured brokers with regard to the biggest stock markets, the most popular currency pairs and CFDs as well as some non-trading fees. The difference in trading fees can be enormous even if you want to do a simple US stock trade.
For more information on how the fees of different brokers stack up against each other, check out our ultimate comparison table. Visit comparison table. The investor protection amount differs from country to country, so it is worth checking it before you open an account. Now that you have seen the details, let's zoom out.
Here are the best trading platforms in Europe in Still unsure? Use the broker finder tool to find the best broker for your needs or learn more about investing your money. Everything you find on BrokerChooser is based on reliable data and unbiased information.
Read more about our methodology. Toggle navigation Menu Close. Compare brokers. Compare Broker tool. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto.
COMPARE BROKERS. Compare highest-rated brokers. Compare other popular brokers. Compare Digital Banks tool. Best brokers. Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers. FIND MY BROKER. Best brokers by category. Country-specific recommendations.
Trading Platform. Broker reviews. Online broker reviews crafted by our team of experts. Fees, minimum deposit requirements, withdrawal, account opening, research tools and more. We use over 50, data points and a consistent, fact-based methodology. ALL REVIEWS. Highest-rated brokers. Brokers operating in Europe must comply with ESMA directives , which directly affect European traders as well.
Among them, the most important are the following:. If the trader meets the necessary requirements, they can apply to the broker for professional status who will be able to grant higher leverage, rebates based on the volume traded, and potentially even high-risk assets. Determining the regulation status of a broker in Europe is simple.
All you need to do is to go to the ESMA EU firms register , select the country the broker operates in and hit the verification button. The result will display whether or not the broker is registered in the selected country. If you still have doubts, check our dedicated article on how to check the regulation of a broker. Despite this, forex is usually taxable according to the local Capital Gain Tax rates. If you are interested to know the tax trading laws in a particular European country, on InvestinGoal we have covered the top 10 best forex brokers for various European countries:.
However, we strongly recommend contacting a professional tax advisor to file your taxes, seek help and receive tips. Your email address will not be published.
Check our help guide for more info. Broker Search Comparison eToro vs Plus eToro vs Trading IC Markets vs Pepperstone Plus vs Trading IG vs Plus eToro vs XTB AvaTrade vs IG IG vs XTB eToro vs IG FBS vs OctaFx IG vs Pepperstone HotForex vs XM.
Admirals AvaTrade Axi Degiro easyMarkets eToro FBS FP Markets FXCM FxPro HotForex HYCM IC Markets IG OctaFx Pepperstone Vantage XM XTB ZuluTrade.
ASIC CYSEC FCA IIROC MAS Australia Canada Malaysia USA UK cTrader MT4 MT5 Copy Trading Social Trading ECN Fixed Spread High Leverage Low Spread Market Maker Algo Trading Carry Trading Hedging Scalping Spread Betting.
MT4 MT5 eToro Plus IC Markets OctaFx FxPro AvaTrade eToro XM eToro ZuluTrade Darwinex Trading Plus eToro Pepperstone XM AvaTrade OctaFx eToro Pepperstone XM ZuluTrade Degiro. Broker Search Comparison Reviews Best Guides Compare List. Compare List. MINIMUM DEPOSIT. Best Forex Brokers in Europe for Filippo Ucchino Last Updated: June 9 Min Read.
We took into consideration various factors, including: The regulation of the broker; Their physical presence of offices within Europe; The overall quality of the service ; Forex trading commissions ; Available base currencies. Table of Content. How to open a forex trading account in Europe In Europe, opening a trading account is slightly more complex than in other countries.
This consists of 5 steps: Answer questions about CFDs to let the broker know your level of expertise. Answer questions about your financial situation to verify the source of the money. Provide a proof of identity through an official document such as a passport or ID card. Provide a proof of address with an official document such as a bank statement or utility bill. Deposit money with an entity linked to the identity of the trader. European trader? Other tips to keep in mind as a European trader include: 1.
Stick with ESMA compliant brokers Brokers cannot offer financial services within the EU without an ESMA regulation.
Active Trader Programs may help Another important tip is to leverage active trader programs. Choose a broker with an unlimited demo account if you are a beginner Next is to choose a broker with an unlimited demo account if you are new in forex trading.
Watch out for forex trading scams European traders are often the target of online scams. What is ESMA and what does it mean for forex traders? Among them, the most important are the following: Brokers are required to show how many traders lose money using their service.
Brokers cannot offer bonuses of any kind. Brokers cannot offer high-risk products such as binary options. Brokers must implement systems that prevent the user from losing more money than they deposit Negative Balance Protection. Brokers may offer leverage of up to How to verify if a forex broker is regulated in Europe Determining the regulation status of a broker in Europe is simple.
Is forex trading taxable in Europe? The EU does not have a single tax law, so each European state has its own policy. If you are interested to know the tax trading laws in a particular European country, on InvestinGoal we have covered the top 10 best forex brokers for various European countries: Belgium Bulgaria Cyprus Czech Republic Estonia Germany Italy Norway Romania Spain Sweden However, we strongly recommend contacting a professional tax advisor to file your taxes, seek help and receive tips.
Return To Top. About The Author Filippo Ucchino Co-Founder - CEO - Broker Expert. Filippo is the co-founder and CEO of InvestinGoal. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in and then became interested in the whole fintech and crypto sector. Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
Best Forex Brokers in Europe for Related Top eToro An online broker that offers commission-free stock and ETF trading. Comparison of commission-free brokers in Europe. Broker Website Overview Demo Account Account minimum Products and Markets Fees US stocks EU stocks ETFs Currency Conversion Fee Security Regulators Investor Compensation Scheme per person, per instituion. Social Trading, Copy Portfolios.
Starts from 0. DEGIRO Visit DEGIRO DEGIRO is a discount broker allowing retail clients to benefit from the same low rates and opportunities that used to only be available to professional clients.
Trading Visit Trading Trading is an online broker that lets you trade stocks, ETFs, and CFDs on several asset types. Fractional shares, automatic investment system.
FCA and FSC. Up to £85, Nextmarkets Visit Nextmarkets Nextmarkets is a commission-free online broker based in Cologne that allows investment in a wide selection of financial assets.
XTB Visit XTB XTB is a well-known online broker established in with offices in over 30 countries all over the world. Bux Zero Visit Bux Zero Bux Zero is an online broker offering commission-free stocks and ETFs trading. Commission-free brokers in Europe. Mobile App.
Products CFDs, ETFs, Stocks, Commodities, Forex, and Cryptocurrencies. Regulators CySEC, FCA, and ASIC. eToro Pros and Cons. Limited disclosed financial information Withdraw and inactivity fees Spread, overnight, inactivity, and currency conversion fees higher than average Offers primarily CFDs, which are high-risk instruments and with no asset ownership Only one currency account USD.
Products Shares, ETFs and CFDs on shares, ETFs, indices, forex, bonds, cryptocurrencies, and commodities. Regulators MFSA, FCA, BaFin. Nextmarkets Pros and Cons. Products CFDs, Stocks, Commodities, Forex, and Cryptocurrencies. Regulators CySEC, FCA, BaFin. XTB Pros and Cons. Free stocks trading Low Forex Spreads Customizable trading platform charts and workspace Demo account No minimum account deposit Valuable education materials Top-tier Regulators. Products Stocks, Funds, ETFs, Futures, Leveraged Products, Bonds, and Warrants.
Regulators AFM, DNB, BaFin. DEGIRO Pros and Cons. Products Stocks, ETFs and Cryptocurrencies. Regulators AFM, BaFin. Bux Zero Pros and Cons. No investment advice No demo account Limited financial products Only available in seven countries.
Products CFDs, Stocks, ETFs, Commodities, Forex, and Cryptocurrencies. Regulators FCA, FSC, Bafin. Trading Pros and Cons. Limited product portfolio no Options, Bonds, Mutual Funds or Futures No relevant Fundamental tools Spreads on Forex CFDs may be high in certain trading hours Foreign exchange fees 0. Which platform should you choose? Hope we helped, and leave your comments below. Happy investments! Other FAQs about Brokers in Europe.
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Day trading is commonly associated with the real big shots of Wall Street. Whether you're just looking to get started or you're already a pro, we collected for you the best online brokers for day trading in for European citizens. After thorough research and discussions with experienced day traders, we put together a list of the top 5 brokers. Let's see the winners! What makes a broker good for day trading? Their fees for complex products are essential to consider.
A good desktop trading platform and powerful charting tools are also crucial for monitoring the minute-by-minute changes on the market. Withdrawal conditions are an important factor as well. And finally, the product offering and the expertise in these products should also be strong. Trading on a daily basis can be exciting and there is a possibility for winning big with it.
However, it's important to note that whether you trade with your own money or with leverage, day trading is highly risky and you can also suffer big losses. We advise you to start day trading only if you consider yourself an experienced trader. If you want to learn more about trading in general, check out our articles on becoming a trader and managing your own portfolio.
Not sure which broker is best for you? For a tailored recommendation , check out our broker finder tool. You can enter your country and it will narrow down the list of brokers to those that are available where you live.
Want more details? Compare brokers with our in-depth comparison tool. Important note : some of these brokers offer CFD products. These are complex and very risky, thus are not suitable for everyone. You can easily lose all of your invested money. If you don't have a clue what a CFD is, start with these CFD trading tips.
And now, let's go over the best online brokers for day trading in for European citizens one by one. Starting with the winner, Interactive Brokers. Interactive Brokers, one of the biggest US-based discount brokers , was founded in The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority FCA and the US Securities and Exchange Commission SEC.
Given that the broker has licenses from multiple top-tier regulators, has a long track record and publicly disclosed financials while being listed on a stock exchange; it all points towards IB being a safe service provider.
Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader. In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers. Visit broker.
Visit broker More. Interactive Brokers is one of the biggest US-based lowest spread brokers, regulated by several top-tier regulators globally.
We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets. On the plus side, IB offers very low fees , a vast range of markets and products , and diverse research tools. There are some drawbacks, however. We weren't satisfied with the quality of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.
If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you. XTB is a global CFD broker with headquarters in London and Warsaw, founded in The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority FCA. In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials.
XTB is considered safe because it has a long track record, is listed on a stock exchange and publishes its financial statements transparently. HEADS UP: Recent feedback about deposit and withdrawal — The details of depositing by wire transfer might be unclear for some of our users according to recent feedback we received. If you have problems, head to the 'Deposit and withdrawal' section of the review, where we explain how to make a free wire deposit to your XTB account under the section's 'Deposit and fees and options' heading.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB is a great CFD broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange. We also liked that the deposit and withdrawal process is fast and mostly free. The account opening process is seamless, hassle-free and quick.
XTB has some drawbacks, though. The product range is mainly limited to CFDs, although real stock and ETF trading is available in some European countries. Lastly, there is an inactivity fee charged. We recommend XTB for clients who prefer forex or CFD trading and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account. Take your time and compare at your own pace.
Sign up to receive bite-sized emails on specific account opening processes, fee calculation, brokerage comparison and more. Saxo Bank, a Danish investment bank founded in , 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's Financial Conduct Authority FCA. Saxo Bank is a global service provider and as such it operates a number 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 Markets UK. Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety. HEADS UP: Recent issues with account opening — Saxo Bank seems to have a delay in sending you a crucial URL needed to start your account opening.
For more info, see Saxo Bank account opening issues in the review's 'Account opening' chapter. Don't want to wait to open an account? Check out some Saxo Bank alternatives.
It offers a user-friendly and well-designed trading platform , backed by great research. The product portfolio covers all asset types and many international markets. It has some drawbacks though. The fees for bonds, options and futures are high. There is also a high minimum deposit for certain countries. In general, Saxo Bank is one of the best online brokerage companies out there.
By opening an account, you will get a broad, well-developed service constantly adapted to the needs of clients. com is a global CFD broker founded in 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.
Visit broker Visit broker More 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, stock index CFD fees are high , 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. tastyworks is a young, up-and-coming US broker focusing on options trading. It is regulated by the top-tier Securities and Exchange Commission SEC , the Financial Industry Regulatory Authority FINRA and the Australian Securities and Investments Commission ASIC for Australian clients. The people behind tastyworks are the same experts who built the thinkorswim trading platform, now operated by TD Ameritrade.
tastyworks is privately owned; it was established in and is headquartered in Chicago. tastyworks is an excellent broker for options trading , but it is a bit complicated if you want to trade stocks only.
tastyworks's trading fees are low , with free stock and ETF trading fees. Its trading platform is aimed at experienced options traders and can be intimidating for beginners. However, its educational and research tools are great for learning. Deposit and withdrawal processes could be better, and a demo account would also be great for practice purposes. As there is no minimum deposit, no inactivity fee, or monthly fee, and the account opening process is seamless, you should feel free to try it.
Now you know our top 5 brokers for day trading for Europeans. Let's go over how we arrived at this list by discussing three points:. Day trading means buying and selling financial instruments within the same trading day , sometimes even within minutes.
It was once considered an activity suitable only for professionals and financial firms.
If you are interested to know the tax trading laws in a particular European country, on InvestinGoal we have covered the top 10 best forex brokers for various European countries: Forex Brokers in EU Find a list of the best european regulated Forex brokers online based in Europe. Each FX broker in this ranking obtained a license in a country of the European Best trading platform in Europe for Gergely K. Dec 1st place Saxo Bank Visit broker 2nd place Oanda Visit broker % of retail CFD accounts lose money 3rd place NinjaTrader 19 rows · 29/08/ · What are the best European brokers? The best European brokers that are regulated are IC DEGIRO is our winner, the best ETF broker for Europeans in One of the lowest fees on the market. Regulated by top-tier authorities. Easy-to-use web and mobile platform. We 08/08/ · Top European Forex Brokers. The best ESMA regulated forex brokers in Europe based on spreads and features are the following. Pepperstone - Top overall forex broker in Estimated Reading Time: 9 mins ... read more
Interactive Brokers is a US discount broker. Best brokers. A final rating is produced for each forex broker based on a total of data points. Final Verdict On The Best MT4 Broker In Europe Overall, FP Markets is making its mark among MetaTrader 4 brokers offering trading services to EU residents. Edited by Justin Hertzberg. Justin achieved Honours in Commerce and has a Master's degree from Monash University. Overall quality Our methodology contains a comprehensive set of criteria designed to score the overall quality of a broker's services.It was established in by former employees of another brokerage company in the Netherlands. For more info, see Saxo Bank account opening issues in the review's 'Account opening' chapter. First name. Country-specific recommendations. FCA and FSC.