Best Trading Platforms & Brokers in Europe 2020

In order to help you find the best trading platforms, apps and brokers in Europe, we have tested and compared over 40 different brands.

From these, 7 made it onto our highly recommended list, which we will go through in more detail in this guide. And so, without further ado…

Our List of the Best Trading Platforms, Brokers & Apps in Europe:

  • Best Trading Platform: Plus500
  • Best Online Broker: eToro
  • Best Stock Trading Platform & Broker: IG Markets
  • Best Trading Platform For Beginners: eToro

Use the list above to find the best online broker for you directly, or read through the complete article with broker reviews, trading tips, and much more.

Which is the Best Trading Platform in Europe?

Plus500

When you trade with Plus500's app, you will be using the highest-ranked trading app for both Android and iOS.

You will also gain access to some of the world's best mobile trading features and a great selection of asset classes.

What we like

Easy to use mobile software

Competitive spread

Top rated in both app stores

What we don't like

Commission on stock trading

Limited monthly transactions

Only 2,200 assets on offer

Easy to use mobile software

Competitive spread

Top rated in both app stores

Commission on stock trading

Limited monthly transactions

Only 2,200 assets on offer

Features

Fees: 0% commission, except stocks.
Demo Account: Yes
Min Deposit: £100
Assets: 2,000+
License: FCA, CySEC, ASIC, FSCA, MAS

Ratings:
star-full star-full star-full star-full star-half

Rating by our editorial team

12 users gave the score of 4.6/5
Total score:
star-full star-full star-full star-full star-empty

94,705 users gave the score of 4.03/5

76,4% of retail CFD accounts lose money. Plus500 has been named the best CFD provider in the UK, Spain, and Germany by the Investment Trends 2019 Leverage Trading Report in the UK and Spain. In 2018, Plus500 was named the best CFD mobile platform by the Investment Trends 2018 Australia CFD report.

Plus500 offers a simple, yet effective trading platform, with all the tools you could need to analyse and trade on several markets.

The broker also currently has the highest-ranked trading app in the industry, making Plus500 a perfect choice for those who prefer mobile trading.

With that being said, Plus500 does have a limited selection of assets, compared to some of the brokers on this page, and the platform can be limited to certain professional day traders.

Which is the Best Online Broker in Europe?

eToro

No online broker does copy trading like eToro.

You can choose to trade on your own or copy other traders, and the social trading network is the perfect place to share experiences and learn new skills from other traders from all over the world.

What we like

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

What we don't like

Commission of CFD stocks.

High minimum deposit

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

Commission of CFD stocks.

High minimum deposit

Features

Fees: 0% commission on stocks, although not on stock CFDs.
Demo Account: Yes
Min Deposit: £200
Assets: Hundreds of stocks.
Deposit Options: Credit/Debit Cards, Skrill, Neteller, PayPal, Wire, Rapid Transfer
License: FCA, CySEC, ASIC

Ratings:
star-full star-full star-full star-full star-full

Rating by our editorial team

10 users gave the score of 4.7/5
Total score:
star-full star-full star-full star-half star-empty

47,656 users gave the score of 3.7/5

75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

With over 12 million registered customers in more than 100 jurisdictions, eToro is by far one of the biggest and most successful online brokers in the industry.

Unlike many of their competitors, eToro is also available to U.S. traders, although the American platform is still very limited in terms of assets and features.

eToro’s main focus is a great copy trading platform that allows traders to copy each other. However, the easy-to-use copy feature does come with a price, meaning eToro charges a higher spread than many other brokers.

Which is the Best Stock Trading Platform & Broker in Europe?

IG Markets

IG Markets is one of the oldest and biggest online brokers in the world.

This UK-based broker has been offering trading opportunities since the early 1970s.

Still to this day, IG Markets keeps trail blazing the industry and setting the standard for all other online brokers.

What we like

Real stock trading of the exchanges

Huge selection of international stocks.

What we don't like

High minimum deposit.

Commission on spread betting and CFD stock trading.

Real stock trading of the exchanges

Huge selection of international stocks.

High minimum deposit.

Commission on spread betting and CFD stock trading.

Features

Fees: Low spread & commission.
Demo Account: Yes
Min Deposit: £300
Deposit Options: Visa, Mastercard, PayPal, Bank Transfer
Assets: 10,000+
License: FCA, ASIC, CFTC, MAS

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

5 users gave the score of 4.8/5
Total score:
star-full star-full star-full star-empty star-empty

8,310 users gave the score of 2.95/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

According to IG Group, which is the parent company of IG Markets, they are the number 1 CFD broker in the world, especially for stock traders.

As a European trader, you gain access to thousands of international stocks from several exchanges around the globe. Moreover, IG Markets allows you to trade stocks as CFDs or by using IG Market’s direct market access (DMA) platform.

Even though IG Markets offers a range of great educational material for beginners, this broker is typically better suited for traders with a little more experience.

Which is the Best Trading Platform for Beginners in Europe?

eToro

No online broker does copy trading like eToro.

You can choose to trade on your own or copy other traders, and the social trading network is the perfect place to share experiences and learn new skills from other traders from all over the world.

What we like

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

What we don't like

Commission of CFD stocks.

High minimum deposit

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

Commission of CFD stocks.

High minimum deposit

Features

Fees: 0% commission on stocks, although not on stock CFDs.
Demo Account: Yes
Min Deposit: £200
Assets: Hundreds of stocks.
Deposit Options: Credit/Debit Cards, Skrill, Neteller, PayPal, Wire, Rapid Transfer
License: FCA, CySEC, ASIC

Ratings:
star-full star-full star-full star-full star-full

Rating by our editorial team

10 users gave the score of 4.7/5
Total score:
star-full star-full star-full star-half star-empty

47,656 users gave the score of 3.7/5

75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

eToro has made a name for themselves as the top copy trading broker in the industry with more than 12 million customers to attest to that.

Now, copy trading is extremely beginner-friendly, making eToro the ultimate trading platform for beginners. Copy other traders or use the social trading network to acquire new skills from others.

Just keep in mind that eToro charges a rather high spread on every position you open or close and the broker has a high minimum deposit. Also, just because eToro is beginner-friendly, doesn’t mean that you will succeed.

Learning how to trade is not easy and it’s a long process to become a profitable trader.

Your Guide to Online Trading in Europe

Before you start trading in Europe, there are a couple of things you need to consider. To help you better understand what’s required by you and the tools you use, we’ve put together a simple list.

1. Only Use Regulated Brokers

Every broker in Europe that we test and review are regulated and licensed by trustworthy regulatory bodies. A license ensures that the broker is honest and safe to use and that you don’t have to worry about the safety of your personal information or funds.

In Europe, two main regulatory bodies oversee all online trading, namely:

In this particular guide, there is one exception. AvaTrade is the only broker that is regulated and licensed by the Central Bank of Ireland, which is just as trustworthy as CySEC or the FCA.

2. Pick a Market to Focus On

Before you can decide which broker suits you better, you need to pick one or a few markets that you want to trade on.

As you can see in the guide above, certain brokers are better suited for certain markets. For example, only some brokers offer DMA trading, while others offer CFD and spread betting.

Furthermore, some brokers focus on offering the best forex trading opportunities and some are better for stocks, EFTs, commodities, etc.

In other words, figuring out which market you want to trade on will affect the broker you pick.

3. Compare Different Brokers

Chances are high that you will find more than one broker that offers what you’re looking for.

Therefore, you need to compare them even closer and test them before making your final decision.

The quickest way to compare all the best trading platforms and brokers in Europe is by using the recommendations above.

In addition to the summaries in this guide, we have written comprehensive broker reviews about each of the brokers. In those reviews, you can find everything you need to know about a broker, making it easier to compare them with each other.

One great way to test a broker is to sign up for a free demo account with virtual money.

4. Start Improving Your Knowledge

At this point, you should have found a broker that you like and it’s time to register and start trading.

With that said, learning how to trade is not easy and you will have to start educating yourself before you can expect to make any profits.

Luckily, all the top brokers in Europe have great educational material and there is a plethora of trading guides, videos, and books that you can use to improve your skills and develop a strategy.

How Do I Choose the Right Platform, Broker or App?

As mentioned in the section above, several factors play a part when finding a broker.

The most important factor is that the broker is licensed and regulated so that you can trade in a safe and legal environment. Naturally, the broker also has to offer the assets and tools that you want to trade.

In the end, picking a broker is a matter of personal preference and the aim of our recommendations is to assist you in the process.

When our team of trading experts review brokers and create guides like these, they follow the same procedure as when someone picks a broker, just more detailed.

In fact, so far we’ve spent well over 150 hours on testing every regulated broker in Europe.

We always prioritise safety when examining a broker.

How Do I Start Trading in Europe?

With the help of this guide and the recommendations at the top of this page, you can quickly find a broker that suits you.

Moreover, you will also have to learn the basics of trading and risk management, as well as master a couple of tested strategies, before making a profit.

We always recommend our readers to start small, ie. deposit a small amount of money and start by opening and closing positions with small amounts of money. That way you limit some of the risks, while getting much-needed practice.

Is Forex and Stock Trading Legal in Europe?

Yes, both forex and stock trading is regulated and tightly monitored in all of Europe. In the European Union, all trading is offered in compliance with MiFID, which was created to increase transparency and safety in the investment and trading industry.

However, you need to be at least 18 years of age and fulfill the requirements set up by brokers regarding verification of identity, proof of payments etc., to trade legally.

How Do I Invest in European Stocks?

You invest in stocks by buying them from an exchange, such as the London Stock Exchange (LSE) or Nasdaq Stockholm, etc., but there is more to the process than that.

You see, to invest in stocks, one typically uses a stockbroker that acts as a middleman between you and the exchange in question. For a small fee, the broker executes your orders and they often offer advice on how to best invest.

There are also several ways that one can invest in a European stock. Traditionally, you buy stocks of the exchange’s order books and then own a fraction of the company that you invested in.

But there are also derivatives, or assets based on underlying securities, such as Contracts for Difference (CFDs) and spread betting. Derivatives are generally better suited for stock trading, but they can technically also be used for investments.

Where Can I Buy European Stocks?

By using a stockbroker, you gain access to stocks from all over Europe and the rest of the world. Some of these brokers sell stocks as they are and others offer derivatives based on the stocks’ market value.

See our recommendations above to find some of the best stockbrokers in Europe.

How Do I Buy Stocks in Europe?

Once again, the answer is by using a broker that offers the type of investments and trading that you are looking for.

Can You Trade U.S. Stocks from Europe?

Yes! With the right broker, you can trade U.S. stocks from Europe. In fact, many brokers offer stocks from all over the world, including American stocks, European stocks, and stocks listed in South Africa or Australia, to mention a few.

How Can I Buy U.S. Stocks in Europe?

With the fact that the U.S. stock market has exchanges such as NYSE and Nasdaq, most stockbrokers in the world offer a huge selection of U.S. stocks.

Every single top stockbroker in Europe that we recommend offer American stocks, indices, and alike.

FAQs:

Can I use Robinhood in Europe?

No, you cannot use Robinhood in Europe, unless you live in the UK. Robinhood is a great and commission-free trading app for stocks, cryptocurrencies and commodities.

Today, the app is only available to American, British and Australian investors, but we should expect an international roll out at some point.

There are, however, other great stock trading apps that you can use instead.

Where Can I Buy European Stocks?

From a stockbrocker offering European stocks. Check out our guide and reviews above to learn where you can buy European stocks and which broker is the best stockbroker in Europe.

Can I use TD Ameritrade in Europe?

No, you cannot use TD Ameritrade in Europe. Even though the broker is available in over 100 jurisdictions, the European Union is not included.

If you want to invest in stocks, we suggest picking a stockbrocker that is regulated in Europe.

But don’t fret, there are several other great stockbrokers in Europe and you can read more about them on this site.

Is E*Trade Available in Europe?

Yes, E*Trade is available to European traders and investors. Although similar to other American stockbrokers, E*Trade charges a higher commission in Europe than elsewhere.

Does Europe Have a Stock Market?

There are several stock exchanges in Europe and together they make up the European Stock Market.

Most countries in the European Union have their own stock exchanges, such as the Frankfurt Stock Exchange, Borsa Italiana, and Warsaw Stock Exchange.

But there are also a few Pan-European exchanges, such as Euronext, consisting of exchanges from Belgium, France, Ireland, the Netherlands and Portugal.

And Nasdaq Nordic comprises countries from Scandinavia, the Balkans and the Caucasus, for example, Sweden, Denmark, Finland, Iceland, Estonia, Latvia, Lithuania and Armenia.

Which is the Biggest Stock Exchange in Europe?

The biggest stock exchange in Europe is Euronext, which is a Pan-European exchange. The biggest national stock exchange in Europe is the London Stock Exchange.

How Do I Buy Stocks Online in Europe?

It’s recommended that you use one of the regulated online stockbrokers that we have reviewed and listed on this site.

In our opinion, the best online stockbroker in Europe right now is IG Markets.

Conclusion

Finding the best trading platform, broker, and app in Europe that will suit you can be time-consuming and overwhelming.

That’s why we’ve done the hard work for you and put all the European brokers through rigorous tests. You can read more about the top brokers further up on this page, or find reviews using the main menu.

Just keep in mind that you shouldn’t only listen to what we and other third parties tell you about the brokers. Instead, you must test the brokers for yourself.

Note: Don’t hesitate to leave a comment below in case you have any questions regarding trading apps, safety, day trading, investments, financial systems, or anything else that might come to mind while spending time on our website. We promise to answer you as soon as possible.

Trading Platforms, Brokers & Apps That We Tested:

  • eToro
  • Markets.com
  • 24Option
  • IQ Option
  • BDSwiss
  • HotForex
  • Trade.com
  • Libertex
  • Plus500
  • XTB
  • InstaForex
  • IG Markets
  • GKFX
  • LionsFX
  • Valutrades
  • XM
  • IronFX
  • Blackwellglobal
  • FPMarkets
  • AmanaCapital
  • Admiralmarkets
  • Alvexo
  • Bizintra
  • Pepperstone
  • Windsorbrokers
  • FXPro
  • ForexTime
  • HYCM
  • FXGrow
  • TeleTrade
  • Trader.online
  • Marketscube
  • Finmaxbo
  • FXCC
  • Oanda
  • Forex.com
  • LCG
  • CMC Markets
  • FXCM
  • iForex
  • IFC Markets
  • Aaatrade

Is Trading Allowed In My Country?

CFD Regulation Country by Country. The CFD trading services we are listing in this article are available in the following countries.

Europe:

  • Albania
  • Bosnia & Herzegovina
  • Bulgaria
  • Croatia
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Kosovo
  • Latvia
  • Lithuania
  • Macedonia
  • Malta
  • Moldova
  • Montenegro
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Russia
  • Serbia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • Ukraine
  • United Kingdom

Excluded: Belgium

North America

  • Belize
  • Canada
  • Costa Rica
  • Cuba
  • Guatemala
  • Honduras
  • Jamaica
  • Mexico
  • Nicaragua
  • Panama
  • Puerto Rico
  • The Bahamas

Excluded: United States

South America

  • Argentina
  • Bolivia
  • Chile
  • Colombia
  • Dominican Republic
  • Ecuador
  • Guyana
  • Paraguay
  • Peru
  • Suriname
  • Uruguay
  • Venezuela

Excluded: Brazil

Africa

  • Algeria
  • Angola
  • Benin
  • Botswana
  • Burkina Faso
  • Burundi
  • Cameroon
  • Central African Republic
  • Chad
  • Democratic Republic of Congo
  • Egypt
  • Eritrea
  • Ethiopia
  • Gabon
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Kenya
  • Lesotho
  • Liberia
  • Libya
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • Nigeria
  • Republic of the Congo
  • Rwanda
  • Sierra Leone
  • Somalia
  • South Africa
  • South Sudan
  • Sudan
  • Swaziland
  • Tanzania
  • The Ivory Coast
  • Togo
  • Tunisia
  • Tunisia
  • Uganda
  • Western Sahara
  • Zambia
  • Zimbabwe

Middle East

  • Georgia
  • Armenia
  • Azerbaijan
  • Iran
  • Iraq
  • Syria
  • Lebanon
  • Cyprus
  • Israel
  • Jordan
  • Saudi Arabia
  • Kuwait
  • Bahrain
  • Qatar
  • United Arab Emirates
  • Oman
  • Yemen

Asia

  • Afghanistan
  • Bangladesh
  • Cambodia
  • China
  • China
  • India
  • Indonesia
  • Japan
  • Kazakstan
  • Kirgizistan
  • Laos
  • Malaysia
  • Mongolia
  • Myanmar
  • North Korea
  • Pakistan
  • Papua New Guinea
  • Philippines
  • Singapore
  • South Korea
  • Sri Lanka
  • Thailand
  • Turkmenistan
  • Uzbekistan
  • Vietnam

Excluded: Hong Kong

Oceania:

Our Author:

Our editorAdam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at BullMarketz.com and has been providing editorial content within the financial sector for more than 5 years.

Read more about him by visiting his LinkedIn profile or contact us directly to learn more about the team.

COMMENTS

WORDPRESS: 0