List of Online Trading Platforms

 

Ready to start investing in the stock market?

Below is a list of online trading platforms that will allow you to do just that.

There are more platforms and banks you can use, but here is my special selection for you to get going ;-)

For more info on stock market investing, go check out my article below:

Investing in the stock market for beginners_Featured Image.jpg
 

Aysha’s
favourites

Interactive Brokers

A well-established American online trading platform that has been around for a while. IB operates worldwide and is a great choice for expats around the world. With a reputation of charging ultra low commissions, IB offers extensive access to stock exchanges and securities around the world.

Currency
Accounts available in 19 currencies; cost of exchanging €1,000 is only $2

Cost per trade
€ 4 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Inactivity fee of $10 per month

Special note
Also accepts children and US persons

DeGiro

The lowest cost alternative for investing in the stock exchange in Europe. Based in the Netherlands, the platform caters to anyone with a bank account in Europe, incl. Switzerland.

Currency
Accounts available in most European currencies; Cost of exchanging €1,000 is only $1

Cost per trade
€ 2.38 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
-

Special note
One free ETF trade per month


other alternatives

Comdirect

A German online financial company which accepts European and Swiss residents.

Currency
EUR accounts only (cost of exchanging €1,000 is €10)

Cost per trade
€ 9.90 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Custody fee of € 1.95/m after 3 years

Special note
Also accepts children

Consors Bank

A German online financial company which accepts European and Swiss residents.

Currency
EUR accounts only (cost of exchanging €1,000 is €19.95)

Cost per trade
€ 9.95 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
None

Special note
Also accepts US persons

eToro

An avant-garde Israeli-based platform catering to investors worldwide. Offers the option to copy other traders.

Currency
USD accounts only (cost of exchanging €1,000 is €5)

Cost per trade
﹩19.80 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Inactivity fee of $10/m if no login for 12m

Special note
Possibility to copy other investors

Freetrade

New trading platform with free trading. Only available to UK residents for now.

Currency
GBP accounts only (cost of exchanging €1,000 is €4.50)

Cost per trade
None (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
None

Special note
Only for UK residents

Saxo Bank

Online trading platform based in Denmark and servicing investors globally.

Currency
31 currencies (cost of exchanging €1,000 is €10)

Cost per trade
﹩20 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Custody fee of 0.12% (min. €5/m)

Special note
-

Strateo

Swiss based online trading platforms catering to residents in 80 countries.

Currency
CHF, EUR, GBP, CAD, DKK (cost of exchanging €1,000 is €6)

Cost per trade
€ 15 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Custody fee of CHF 15-35 per quarter

Special note
Also accepts children

Swissquote

Well-established platform in Switzerland catering to investors worldwide.

Currency
CHF, EUR, USD and more on request (cost of exchanging €1,000 is €10)

Cost per trade
€ 20 (Cost of investing €1,000 in the iShares Core MSCI World UCITS ETF)

Other costs
Custody fee of CHF 15-50 per quarter

Special note
-