Best Trading Platforms and Stock Brokers in Europe 2024

Daniel Meyer, 7 min read
Last Updated: 29 January, 2024

Trading financial markets online has grown exponentially in Europe over the past decade. With cutting-edge trading platforms, low commissions, and regulated brokers, Europeans now have access to invest in stocks, currencies, cryptocurrencies and more at their fingertips. This guide explores the top online trading platforms and brokers available for European traders and investors.

Overview of Online Trading in Europe

Online trading refers to buying and selling financial securities over the internet. This includes assets like:

  • Stocks – Shares in publicly traded companies.
  • Forex – Currency pairs like EUR/USD and GBP/USD.
  • CFDs – Contracts for Difference on crypto, stock and ETF, indexes, commodities.
  • Cryptocurrencies – Digital assets like Bitcoin and Ethereum.

Europe has quickly adopted online trading due to:

  • Regulations – The EU regulates brokers to protect investors.
  • Technology – Fast internet speeds enable smooth trading experience.
  • Mobile Access – Trading apps make it easy to trade on-the-go.
  • Competition – Many brokers compete for European traders.

Below are some key benefits of online trading for Europeans:

  • Access to global markets around the clock.
  • Real-time streaming quotes and news.
  • Sophisticated trading platforms with charts and analysis.
  • Low commissions and tight trading spreads.
  • Regulated and licensed EU brokers for security.
  • Deposit and withdrawal methods tailored for Europeans.
  • Trading education and research materials.

Millions of Europeans now actively trade online using regulated investment platforms and brokers. But with so many options now available, finding the best fit can be challenging. This guide breaks down the top online trading platforms and brokers available for European residents.

Choosing an Online Trading Platform in Europe

The trading platform is the software that provides the interface to financial markets. Platforms provide quotes, charts, watchlists, order entry, and account management. When choosing a platform, consider factors like:

  • Markets – What assets can you trade like stocks, options, currencies?
  • Tools – Does it have charts with indicators and studies? Level 2, news, research?
  • Speed – Fast execution and real-time streaming quotes are critical.
  • Reliability – The platform should rarely crash or freeze even during volatility.
  • Costs – Commission fees and trading spreads should be competitive.
  • Features – Customizability, mobile app, account types, education.

5 Best Online Trading Platforms in Europe

Broker Markets Tools Speed Reliability Costs Features
eToro Stocks, ETFs, Forex, Crypto, CFDs Charts, research, news, risk management Fast execution Reliable trading platform Spreads from 0.09% Copy trading, social trading, mobile app
Plus500 CFDs on Stocks, Forex, Crypto, ETFs, Indices, Commodities. Advanced charts, alerts, indicators Rapid trade execution Robust proprietary platform Spreads from 0.1% Customizable layout, mobile trading
Libertex Forex, stocks, indices, commodities, crypto MT4 charts, technical analysis tools Low latency execution MT4 is stable during volatility Spreads from 0.0003% Educational resources for new traders
Avatrade Forex, stocks, indices, commodities, crypto, ETFs MT4/5 integrated charts and indicators Fast order execution Servers optimized for reliability Average spreads AutoChartist integrated, market insights
Skilling Forex, CFDs Advanced charts, 40+ indicators Ultra fast execution Stable HTML5 web platform Ultra tight spreads Easy account setup, low minimums

This covers some of the most widely used online trading platforms in Europe. It’s worth signing up for demo accounts to trial different platforms and find one matching your requirements.

Interested in Copy Trading? Check out our list of our best copy trading platforms.

Best EU Regulated Brokers

When selecting an online broker, European traders should only consider brokerages that hold proper licenses from reputable European regulatory bodies. Below are some of the top fully EU regulated brokers:

eToro – Best Overall

  • Regulated by CySEC in Cyprus
  • Offers stocks, ETFs, currencies, cryptocurrencies, CFDs
  • Known for its social trading features
  • User-friendly trading platform and mobile app
Winner
eToro-Icon
Hybrid

ecoinomy rating:

9.5/10

Assets Traded Stocks, Indices, ETFs, Currencies, Commodities, Cryptoassets
Max Leverage Up to 30:1 (varies by asset)
Trading Fees Spread 1%
Regulations EU, USA, UK, Austalia, Middle East
Cryptocurrencies 79+ BTC-Coin-IconETH-Coin-IconMIOTA-IconBCH-IconRipple-IconDASH-IconADA-Coin-IconEOS-IconLTC-IconNEO-IconXLM-IconZEC-IconEthereum-Classic-IconBNB-Icon
Payment Methods PayPal, Visa, MasterCard, Skrill, Neteller, SEPA, WebMoney
Number of Users 30 Million+

Security

Fees

Ease of Use

Customer Service


Start here

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.


Plus500 – Low Trading fees

  • Authorized and regulated by CySEC license number #250/14.
  • Specializes in CFD trading on 2000+ global instruments
  • Customizable web-based trading platform
  • Efficient account opening and onboarding

Libertex – Variety of International Stocks

  • Regulated by CySEC since 2016
  • Offers Forex, indices, commodities, stocks, ETFs, and cryptocurrencies
  • Advanced MetaTrader 4 and proprietary platforms
  • Free demo account and trading tools for new traders
Libertex logo
CFD Broker

ecoinomy rating:

8.9/10

Assets Traded CFD Forex, CFD metals, CFD Indices, CFD Stocks
Max leverage Up to 30:1 (varies by asset)
Trading fees from 0,0003%
Regulations EU
Cryptocurrencies BTCETHBCHXRPLTCETCADAXLMEOSNEOTRXQTUMXEMSTEEMDashIOTAZCashBinance CoinTezosMoneroChainlinkCosmosPolkadotVechainUniswap
Payment methods SEPA, PayPal, Skrill, Neteller, Visa, Mastercard
Number of users 3 Million+

Security

Fees

Ease of use

Customer service


Start here

73.77% of retail investor accounts lose money when trading CFDs with this provider.


Avatrade

  • Regulated by Ireland’s Central Bank of Ireland
  • Supports Forex, stocks, indices, commodities, ETFs, crypto
  • MetaTrader 4 and MetaTrader 5 integration
  • Educational market insights for clients
Logo del broker Avatrade cfd
CFD Broker

ecoinomy rating:

8.7/10

Assets Traded Forex, Stock indices, Cryptocurrencies, Commodities, bonds, individual shares and ETFs
Max leverage Up to 30:1
Transaction fees 0,2 – 2%
Licences Central Bank of Ireland
Cryptocurrencies BTCETHBCHXRPLTCXLMEOSNEODashIOTAChainlinkUniswap
Payment methods PayPal, SEPA, VISA, MasterCard
Number of users 400.000+

Security

Fees

Ease of use

Customer service


Start here

Skilling

  • Under strict regulation by Cyprus regulator CySEC
  • Tight Forex and CFD spreads with fast execution
  • Easy account setup with low minimum deposit
  • Proprietary web and mobile trading platforms
skilling logo
CFD Broker

ecoinomy rating:

9.4/10


Trading Assets Forex, Shares, Indices, Commodities, Cryptocurrencies
Max Leverage Up to 50:1 (varies by asset)
Trading Fees 1%
Regulations EU
Cryptocurrencies 51+ BTC-Coin-IconETH-Coin-IconMIOTA-IconBCH-IconRipple-IconDASH-IconEOS-IconLTC-IconNEO-IconXLM-IconZEC-IconEthereum-Classic-IconTezosMoneroCosmosVechainUniswap
Payment Methods SEPA, VISA, MasterCard, Trustly, Skrill, Neteller, Klarna, Swish
Number of Users unknown

Security

Fees

Ease of use

Customer service


Start here

These brokers hold multiple European regulatory licenses, adhere to strict operational standards, and offer robust trading platforms. European clients can feel confident their funds are secure and they will be treated fairly.

Selecting a Broker in Europe

trading platforms europe map

While the trading platform provides the software interface, a broker provides direct access to financial markets. Brokers connect clients to stock exchanges and liquidity providers to facilitate transactions. Key factors when selecting an online broker include:

  • Regulation – EU regulated to safely handle your funds.
  • Asset Classes – Markets offer trading stocks, options, futures, Forex, CFDs.
  • Costs – Account minimums, commissions, spreads.
  • Execution Quality – Fast and reliable order execution.
  • Banking – Localized payment methods.
  • Platforms Supported – MetaTrader 4/5, NinjaTrader, other third-party platforms.
  • Research – Quality research tools, news, and analysis.
  • Customer Service – Phone, chat, email support and onboarding.

Key Considerations for Europeans to Start Trading

When researching online trading platforms and brokers in Europe, keep the following key factors in mind:

  • Regulation – Only use EU regulated brokers authorized by top authorities like the FCA, CySEC, BaFin. This ensures brokerages adhere to strict conduct and capital requirements to protect your funds. Verify registration numbers.
  • Asset Coverage – European brokers may limit assets like cryptocurrencies. Ensure your desired markets are covered.
  • Trading Costs – Commissions and spreads can vary greatly. Fee structures also differ across stock trading vs CFDs vs Forex.
  • Platform Features – If pursuing a specific strategy like day trading or algos, ensure the platform has the necessary trading tools and connectivity.
  • Payment Methods – Convenient localized deposit/withdrawal options. Does the broker support UK faster payments, SEPA transfers, debit cards?
  • Languages – Brokers with multilingual support and localized sites create a better user experience.
  • Customer Support – Evaluate responsiveness across email, live chat, phone support.
  • Safety – Reputable brokers will keep client funds in segregated accounts at Tier-1 banks for security.

By considering these key factors, Europeans can find trustworthy trading services tailored specifically for their regional needs.

Europeans can access a wide range of global financial markets through online trading platforms and brokers:

Stocks

Stocks represent shares in publicly listed companies. Europeans can invest in leading European blue chip shares like:

  • ASML (Netherlands)
  • LVMH (France)
  • Novo Nordisk (Denmark)
  • Roche Holdings (Switzerland)
  • Royal Dutch Shell (UK/Netherlands)

They can also easily access US stocks like Apple, Amazon, Tesla, and more. Trading hours run from 9:00 to 17:30 local Exchange time.

Forex

The foreign exchange (Forex or FX) market trades currencies. Major currency pairs include EUR/USD, GBP/USD, EUR/GBP, and USD/CHF.

FX trading volumes from Europe are highest during the London session from 8 AM to 12 PM GMT. Spreads are tightest at this time.

Cryptocurrencies

Cryptocurrencies like Bitcoin and Ethereum are gaining popularity in Europe. Investors appreciate their technology innovations and decentralization.

Leading platforms offer trusted Bitcoin and crypto trading paired against USD, EUR, and GBP. Unlike stocks, cryptocurrency markets operate 24/7.

CFDs

CFDs (contracts for difference) allow traders to speculate on price movements in an underlying asset. European traders commonly use CFDs for:

  • Major stock indices like the FTSE 100, DAX 40, and Euro Stoxx 50
  • Commodities like gold, silver, oil
  • ETFs that track major markets

CFD brokers offer leveraged trading with competitive spreads. No actual asset is owned.

ETFs

Exchange-traded funds (ETFs) provide diversified exposure to market sectors and themes. Popular ETFs in Europe track indices like:

  • MSCI Europe – Broad European stocks
  • FTSE 100 – UK large caps
  • Euro Stoxx – Eurozone blue chips
  • DAX – German large caps

ETFs offer a simple way to invest in entire markets with minimal costs.

Options

Options contracts give traders greater leverage and flexibility. In Europe, options are available on:

  • Major stock indices
  • Select European stocks
  • Currency pairs
  • Commodities

Common option strategies include writing covered calls, protective puts, and spreads.

Best Practices for New European Traders

For Europeans new to online trading, here are some best practices to follow:

  • Start small – Use a demo account to practice. Then start live trading with small position sizes and low risk.
  • Choose regulated brokers – Only open accounts at trusted EU brokers authorized by top regulators.
  • Master charting – Learn to effectively analyze price charts using indicators like moving averages.
  • Develop a trading plan – Formulate a strategy with clear risk/reward parameters before entering trades.
  • Avoid overtrading – Patience is key. Don’t overtrade or let emotions impact decisions.
  • Learn risk management – Use stop losses and diversify positions across multiple assets. Limit position sizes.
  • Keep a journal – Track all trades including rationale, outcomes, and lessons learned. Review periodically.
  • Continue learning – Read trading books, take courses. Knowledge leads to better analysis and decision making.

By starting slowly, sticking to regulated brokers, and following sound trading principles, Europeans can thrive in today’s dynamic online trading environment.

Frequently Asked Questions Regarding Brokers in Europe

What assets can Europeans trade online?

Europeans can trade global markets including stocks, options, ETFs, mutual funds, currencies, cryptocurrencies, CFDs, and futures. Top brokers offer access to thousands of global markets.

How are online brokers regulated in Europe?

Trustworthy brokers register with regulators like the UK’s Financial Conduct Authority, Cyprus Securities and Exchange Commission, German Bundesanstalt für Finanzdienstleistungsaufsicht, and others. These authorities enforce strict rules around client funds, transparency, conduct, and capital requirements.

What are the best trading platforms for beginners?

Beginners may want to start on user-friendly platforms like eToro, Plus500, and MetaTrader 4. Each platform has diverse offers like simple interfaces, educational resources, risk management tools, or copy trading operations. You can visit each of their websites for the specifics.

Is online trading taxed in Europe?

Tax laws vary across Europe. But in general, capital gains and losses on investments held over one year receive preferable long-term tax treatment. Day trading generates short term tax obligations. ETFs and CFDs may have additional tax considerations.

What are the lowest commission stock brokers?

DEGIRO and Trading 212 offer commission-free stock trades on European exchanges. Robinhood also provides commission-free trading but is currently limited to UK and Ireland.

Can I trade in the UK post-Brexit?

Yes, UK residents can still utilize online trading platforms and brokers post-Brexit. Top brokers like IG, Swissquote, and CMC Markets cater to UK traders. The UK also maintains regulations over financial services.

How do I choose the best broker for me?

Consider costs, asset classes, platforms, regulation, account types, payment methods, and ease of use. Prioritize regulated EU brokers that offer your desired markets at reasonable costs on stable, full-featured platforms.

Conclusion

Online trading has grown rapidly across Europe, providing retail investors access to global markets. Cutting-edge platforms and competitive EU brokers make trading more efficient than ever.

This guide covered top regulated brokers and platforms tailored specifically for Europeans. Major markets like Forex, stocks, CFDs, options, and cryptocurrency are all readily accessible.

By focusing on regulated EU brokers, stable platforms, and sound trading practices, Europeans can now actively invest with institutions and around the world. The options have never been better for European traders seeking to grow and diversify their portfolios.

Daniel Meyer

Daniel was specifically recruited by Ecoinomy for his high-level expertise in crypto trading platform analysis. With a solid background in blockchain technology and a track record of successful trading, he offers precise, insightful reviews. His approach combines technical knowledge with practical experience, providing valuable, clear guidance for serious investors. Daniel's work is an essential resource for understanding the nuances of various trading platforms, making him a key figure in Ecoinomy's commitment to top-tier cryptocurrency education.