Best Overall: Degiro
Here at the Dollar Guide, we like Degiro for many reasons. We believe it’s the safest and most reliable stock trading app in Europe today. Not only has it won over 80 international awards, but it’s regulated by top authorities in Europe and used by over 1 million clients. Degiro is a simple, minimalist stock trading platform that transitions seamlessly from mobile to desktop.
The facts:
- Founded in 2013
- Tradable assets: Stocks, ETFs, funds, bonds, options, and futures
- Fees: very low. No account minimum, withdrawal fee, or inactivity fee.
- Research: the education is mostly limited to beginner investors, but has decent charts and data
- What it’s missing: crypto and fractional shares
Degiro is a great app for investors of most skill levels. We like that it has such a great track record across all of Europe. If you’re looking for something more comprehensive and less minimalist (such as something that offers savings accounts, crypto, and better international trading), we recommend looking at the other apps on the list.
Image: Degiro is a well-trusted and highly-awarded broker in Europe. For these reasons, we pick it as our best overall stock trading app for Europe. Image from degiro.co.uk.
Best for Added Features: Revolut
Revolut is more than just a stock trading app: it’s a bank, too. This app is perfect for investors who want an all-in-one solution for their trading. While some of their added features aren’t the most necessary (such as credit card designs), they do have some helpful additions (such as traveler’s insurance and perks).
The facts:
- Founded in 2015
- Tradable assets: Stocks, crypto, fractional shares, commodities
- Fees: monthly subscription fees
- Research: limited charts, no educational tools
- What it’s missing: ETFs, bonds, options, and futures
Revolut is great for traders who want to do more than just trade on their app. Revolut has savings “vaults,” like ones that round up your purchases and put the extra cents into savings. They also have extra perks, like having low currency exchange fees and getting your paycheck a day early if you do it through Revolut. You’ll have to pay monthly subscription fees to access more of these perks, so the extra bells and whistles might not be worth it for many investors.
Image: One of the primary benefits of Revolut is that you can exchange currencies for much cheaper than you would at a bank. You can also trade in multiple currencies. Image from revolut.com
Best for Pre-Made Portfolios: eToro
eToro is ideal for traders who want to use pre-made portfolios or copy well-respected investors with just the click of a button. eToro offers a variety of assets to trade for European investors and can be a perfect opportunity for skilled investors to make money off their trades by growing a following of “copiers.”
The facts:
- Founded in 2006
- Tradable assets: stocks, positions of cryptocurrency, commodities, currencies, ETFs, fractional shares, and indices
- Fees: depends on where you are, but overall low
- Research: limited, but great Copy Trader tool for inexperienced investors
- What it’s missing: more in-depth educational tools
We like that eToro allows savvy investors to monetize their skills. They also have pre-made portfolios that you can invest in. eToro’s regulations vary based on where you live, so make sure you check their site before downloading.
Image: eToro is best for pre-made portfolios because investors can copy the trades of approved Copy Traders on the app. This is a great feature for investors who don’t feel confident enough to make all their trades on their own. Image from etoro.com.
Best for International Trading: Interactive Brokers
Interactive Brokers is a comprehensive tool for investors who want to trade across borders. It supports exceptional mobile and web platforms, so traders can access their portfolios from anywhere. We also like the comprehensive charts and data they offer. Bonus: this platform is great for day trading.
The facts:
- Original company founded in 1977
- Tradable assets: stocks, fractional shares, bonds, mutual funds, ETFs, options, futures, forex, metals
- Fees: small or inactive accounts are charged fees
- Research: extensive charts and data
- What’s missing: accounts for traders working with smaller amounts of money, crypto
With this app, you can trade in 125 markets within 33 countries using 22 different currencies. We do not recommend this app for investors who are trading with smaller amounts of money because you’ll risk getting charged. This platform is best for the more knowledgeable trader working with larger portfolios.
Image: Interactive Brokers is a great app for trading internationally. It’s also ideal for day traders. Image from interactivebrokers.com
Best Low Cost: Webull
Webull is a sleek, minimalist app that is perfect for investors who want to keep their costs as low as possible. You won’t get any highly-advanced features with this app, rather, you’re getting one of the lowest cost trading platforms out there. There are limited educational tools, so you’ll have to find that information elsewhere.
The facts:
- Founded in 2017
- Tradable assets: stocks, ETFs, options, positions of cryptocurrency, and ADRs
- Fees: None.
- Research: lacking
- What it’s missing: mutual funds, fractional shares, research and charts, education
Even though it may seem like Webull is missing a lot of features, it’s actually great at what it does: stock trading. We like that Webull keeps things pared-down and focused on providing the lowest trading costs out there. It’s a good options for traders who want something simple and sleek.
Image: Webull is our favorite low-cost trading app for Europe. Even though you may be sacrificing some features, we think the price is worth it. Image from webull.com
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