With each platform offering its unique features, fees, and tools, it becomes crucial for investors to carefully evaluate their options. They have to select one that best aligns with their trading goals and preferences.
Finding the right trading platform can make or break your trading experience, affecting not only your potential profits but also your confidence as an investor.
Best Trading Platforms in Europe (2024)
Let’s see which are the best trading platforms in Europe, and what are their strengths, offerings, and key differentiators.
Here are the top sites in Europe for stock trading:
eToro – Best Trading Site
 |
|
 |
Plus500 – Best For CFDs
 |
|
 |
Interactive Brokers – Best For Long-Term Traders
 |
|
|
Pepperstone – Best For Low Deposits
 |
|
 |
Degiro – Best For European Traders
 |
|
|
1. eToro
Best Overall Broker for Stocks
In the quest for the best trading platform in Europe, eToro emerges as a top contender. This online trading platform offers a user-friendly experience for both novice and experienced investors alike.
As a leading financial intermediary and service provider, eToro caters to the diverse needs of traders in Europe, providing access to various market options, including stock exchange, cryptocurrency, ETF, forex, and CFD trading.
eToro is a publicly traded company regulated by reputable regulatory authorities such as BaFin, FINRA, and SIPC.
This ensures that they adhere to strict regulatory standards, offering investor protection and secure trading practices.
The platform offers commission-free trading with ultra-low trading fees, which makes it an attractive option for those looking to minimize account fees.
Negative balance protection, leverage, and risk management tools are available on eToro, helping traders guard their personal information and funds.
The platform also offers a variety of trading tools and educational materials, including market research, news feeds, charting, and technical analysis, empowering users to conduct their personal research and make informed decisions.
To cater to the needs of crypto trading enthusiasts, eToro provides a robust trading environment for cryptocurrencies, alongside traditional asset classes like stocks and ETFs.
This flexibility allows users to trade whatever they want and diversify their investment portfolios.
eToro is known for its quality customer services, ensuring that traders can access support when needed.
Moreover, the platform offers a range of account options with competitive account minimums, currency exchange fees, and security measures.
Why We Like This Broker: For traders looking to test the platform before committing, eToro offers a virtual trading environment through its demo account feature.
This allows users to place demo trades and explore the platform’s advanced trading tools and resources without risking real money.
2. Plus500
Best for CFD Trading
Plus500 is another top pick as it is one of the best trading platforms in Europe.
As a publicly traded online trading platform, it offers a range of investment products and caters to various market options, such as stock exchange, cryptocurrency, ETF, forex, and CFD trading.
The platform is regulated by prominent regulatory authorities like BaFin, FINRA, and SIPC, ensuring it meets high regulatory standards and provides investor protection.
This European broker offers commission-free trading, ultra-low trading fees, and competitive currency exchange fees, making it an attractive option for investors looking to minimize account fees.
With a focus on user experience, Plus500 provides an intuitive trading environment that allows traders to trade whatever they want, from traditional asset classes to crypto trading.
The platform prioritizes educational resources and offers a variety of trading tools to help users conduct their personal research.
These tools include market research, news feeds, charting, and technical analysis.
Plus500 also provides advanced trading tools, such as screener, stock price alert, streaming watchlist, and ladder trading, to support various trading strategies, including day trading and high-risk investment strategies.
Security measures on Plus500 guard users’ personal information and funds, while features like negative balance protection and risk management tools help traders manage their investments more effectively.
The platform also offers quality customer services, ensuring that users receive the support they need.
To accommodate different user preferences, Plus500 provides a range of account options with varying account minimums.
For those interested in exploring the platform before committing, Plus500 offers a virtual trading environment, allowing users to place demo trades and test the platform’s features without risking real money.
Why We Like This Broker: Plus500 is a reliable, user-friendly trading platform that has survived multiple economic recessions and holds regulatory licenses from reputable authorities.
With its diverse range of resources and features, it is a strong choice for investors seeking a comprehensive European trading platform.
3. Interactive Brokers
Best for Long-Term Traders
Interactive Brokers (IBKR) is a leading contender for the title of the best trading platform in Europe.
As a publicly traded financial intermediary and service provider, IBKR offers access to a broad range of investment products and markets, including stock exchange, cryptocurrency, ETF, forex, option, and CFD trading.
Regulated by prominent authorities such as BaFin, FINRA, and SIPC, Interactive Brokers upholds rigorous regulatory standards and ensures investor protection.
The platform is known for its ultra-low trading fees and competitive currency exchange fees, which makes it an attractive option for investors looking to minimize account charges.
Interactive Brokers provides a comprehensive trading environment, catering to both traditional asset classes and crypto trading.
The platform offers advanced trading tools and resources, such as market research, news feeds, charting, technical analysis, screener, stock price alert, streaming watchlist, and ladder trading.
These tools enable users to conduct their personal research and place orders with confidence.
IBKR also prioritizes educational materials and offers a range of resources to help traders develop their skills.
Security measures on the platform guard users’ personal information and funds, while features like negative balance protection, leverage, and risk management tools help traders navigate the markets more effectively.
Interactive Brokers offers a variety of account options with different account minimums, allowing users to choose the one that best suits their needs.
The platform also provides a virtual trading environment for those interested in testing its features before committing real money.
Why We Like This Broker: Interactive Brokers is a robust, user-friendly trading platform that has survived multiple economic recessions and holds regulatory licenses from reputable authorities. With its diverse range of resources and features, IBKR is an excellent choice for investors seeking a top-tier European trading platform.
4. Pepperstone
Best for Low Deposits
Pepperstone is a reputable trading platform in Europe, offering a competitive range of investment products and market access to investors. As a financial intermediary and service provider, Pepperstone covers various markets, including stock exchange, cryptocurrency, ETF, forex, and CFD trading.
Regulated by respected regulatory authorities, Pepperstone adheres to strict regulatory standards and provides investor protection. The platform boasts ultra-low trading fees and competitive currency exchange fees, attracting investors looking to minimize account charges.
Catering to both traditional asset classes and crypto trading, Pepperstone offers a comprehensive trading environment for users to trade whatever they want. The platform provides advanced trading tools and resources, such as market research, news feeds, charting, technical analysis, screener, stock price alert, and streaming watchlist. These tools empower users to conduct their personal research and make informed trading decisions.
Pepperstone prioritizes educational materials and offers a range of resources to help traders enhance their skills. Security measures on the platform protect users’ personal information and funds, while features like negative balance protection, leverage, and risk management tools aid traders in navigating the markets effectively.
The platform offers a variety of account options with different account minimums, allowing users to select the one that best fits their needs. Additionally, Pepperstone provides a virtual trading environment for those interested in testing the platform’s features without risking real money.
Why We Like This Broker: Pepperstone is a reliable, user-friendly trading platform that has survived multiple economic recessions and holds regulatory licenses from esteemed authorities. With its diverse range of resources and features, Pepperstone is an excellent choice for investors seeking a top-notch European trading platform.
5. DeGiro
Best for Certain European Countries
DeGiro is a prominent trading platform in Europe, providing investors access to an extensive range of markets and financial instruments.
As a broker and financial intermediary, DeGiro specializes in stock exchange, ETFs, options, and CFD trading, catering to both traditional asset classes and speculators.
Regulated by top-tier regulatory authorities, DeGiro adheres to strict regulatory standards and offers robust investor protection.
The platform is renowned for its ultra-low trading fees and competitive currency exchange fees, making it an attractive option for investors seeking to minimize account charges.
DeGiro’s user-friendly online trading platform allows users to trade whatever they want and place orders with ease.
The platform is equipped with advanced trading tools and resources, including market research, news feeds, charting, technical analysis, screener, stock price alert, and streaming watchlist. These tools empower users to conduct their personal research and make informed decisions.
Prioritizing educational materials, DeGiro provides traders with various resources and support to enhance their trading skills.
It implements robust security measures to guard users’ personal information and funds, while features like negative balance protection, leverage, and risk management tools help traders navigate the markets effectively.
DeGiro offers a range of account options with different account minimums, allowing investors to choose the one that best suits their needs.
Additionally, DeGiro holds regulatory licenses from esteemed authorities, ensuring its commitment to quality services and customer satisfaction.
We think that Degiro is much better than XTB, especially if you are looking to buy dividend stocks.
Why We Like This Broker: DeGiro is a reliable, cost-effective trading platform that has survived multiple economic recessions and is an excellent choice for investors seeking a top-tier European trading platform.
FAQ
Which trading app is best in EU?
eToro is considered the best trading app in the EU, offering a user-friendly platform and a wide range of trading instruments.
Are European Trading Platforms Safe?
Yes, European trading platforms are generally safe, as they are regulated by reputable authorities such as BaFin, FINRA, and SIPC.
However, it is essential to choose a well-established platform with a strong reputation and good security measures to protect your investments.
What is Europe’s equivalent to Robinhood?
eToro is often referred to as Europe’s equivalent to Robinhood, as it provides commission-free trading and an easy-to-use platform for both beginners and experienced traders.
How can I trade in the European market?
To trade in the European market, you will need to sign up for an account with a reputable European trading platform, like eToro or DEGIRO. Once you have an account, you can deposit funds, choose the financial instruments you want to trade, and start placing orders.
It is essential to conduct personal research and utilize the platform’s educational resources to make informed trading decisions.