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Best ETF Brokers in Europe - Ranked and Reviewed
Finding the right ETF broker can make a huge difference in your investment journey. I've researched and reviewed the top brokers in Europe to bring you a comprehensive guide. This page ranks brokers based on several important criteria including fees, platform usability, product range, safety, and customer service.
My viewpoint in the rating and reviewing process is always inline with my general investment philosophy of over time staying invested in the market by buying passive low cost, well diversified, global index ETFs.
If a platform allows for easy, low-cost, and preferably automated investing in well-regulated and transparent environments, it will likely receive a higher rating—unless significant red flags are discovered.
These criteria are essential to ensuring a smooth and cost-effective investing experience. In this guide, you’ll find detailed reviews, a comparison table, and our final recommendations based on thorough evaluations.
Brokers ranked
Below is a ranked overview of the top ETF brokers in available in Europe. Each broker card highlights the broker’s rating and key features. Click through to read more for each platform.
DEGIRO
Overall Rating: 4.5/5
DEGIRO is a cost-effective European broker known for its low fees and broad market access, making it suitable for passive investors focusing on global index funds.
Pros:
- - Low and transparent fees
- - Extensive ETF Selection
- - Available in many European countries
Cons:
- - No Fractional Shares
- - Connectivity fees for different exchanges
- - Less user-friendly platform
Interactive Brokers
Overall Rating: 4.5/5
Interactive Brokers is a globally recognized broker offering low fees, extensive market access, fractional shares, and advanced features, making it ideal for experienced investors seeking a comprehensive trading environment.
Pros:
- - Wide access to global markets
- - Low fees
- - Fractional shares
Cons:
- - Complex platform for beginners
- - Complicated pricing structures
Trading 212
Overall Rating: 4/5
Trading 212 is a user-friendly platform offering commission-free trading on stocks and ETFs, making it attractive for cost-conscious investors. Its support for multiple currencies and low FX fees make it appealing for international investors.
Pros:
- - Commission-free trading
- - Support for multiple currencies
- - Fractional Shares
Cons:
- - Geared towards traders
- - Limited tax support
- - Unable to transfer assets easily
eToro
Overall Rating: 3/5
eToro offers a user-friendly platform with unique social trading features and supports fractional shares, making it appealing for new investors. However, it has a complex fee structure with higher currency conversion and withdrawal fees.
Pros:
- - Fractional Shares
- - Social Trading features
- - Commission-Free Trading
Cons:
- - Complex Fee Structure
- - Inactivity Fee
- - Limited ETF Selection
Conclusion
After thoroughly reviewing the best ETF brokers in Europe, it's clear that Trading 212, DEGIRO, and Interactive Brokers (IBKR) stand out as the top choices for investors, each catering to different needs.
Trading 212 is the ideal option for those seeking the cheapest brokerage service that meets all necessary criteria. Offering commission-free trading and support for fractional shares, Trading 212 delivers excellent value, particularly for budget-conscious investors who want a user-friendly, no-nonsense platform.
For investors who prioritize broader market access and advanced tools, both DEGIRO and Interactive Brokers (IBKR) come out on top. These brokers offer competitive fees, extensive product ranges, and robust platforms, making them ideal for investors with more complex needs. While they do charge commissions, they provide a comprehensive investment experience where you get what you pay for.
On the other hand, eToro is a less attractive option. With its complex fee structure and hidden charges, it doesn't offer the same value as other platforms. In light of the better alternatives available, I recommend avoiding eToro if you're focused on minimizing costs and maximizing your returns.
Stay tuned! I am currently working on in-depth reviews of XTB and Trade Republic, two other promising platforms in the European market. Make sure to check back soon for more updates.
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial advice. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. We recommend consulting with a qualified financial advisor before making any investment decisions. Wealthy Forever is not responsible for any investment decisions made based on the information provided here.
We encourage you to conduct your own research and consider your personal financial situation when making investment decisions.