Brokers guide

Interactive Brokers Logo

Rating: ★ 9/10

Read full review here
Pros:
  • Low trading fees
  • No inactivity fees
  • Fractional shares
Cons:
  • Complex platform for beginners
  • Deposit and withdrawal only by bank transfer

Regulated by:

  • SEC, CIRO (North America)
  • CBI (Ireland)
  • HKSFC, JSDA, MAS (Asia)
  • ASIC (Australia)
  • SEBI (India)

US Stock Fees: Fixed: $0.005/order, Minimum $1

Inactivity Fees: None

Fractional Shares: Yes

Geographical Availability: Global

Trustpilot Rating: 3.1/5

Trade Republic Logo

Rating: ★ 9/10

Read full review here
Pros:
  • Minimalist, beginner-friendly
  • Interests on cash
  • Automated savings plans
Cons:
  • No direct access to US Stock Exchange
  • Deposit and withdrawal only by bank transfer
  • No desktop availability, only via phone

Regulated by:

  • BaFin (Germany)

US Stock Fees: €1 flat fee/trade

Inactivity Fees: None

Fractional Shares: Yes

Geographical Availability: Europe

Trustpilot Rating: 4.2/5

Degiro Logo

Rating: ★ 8/10

Read full review here
Pros:
  • No inactivity fees
  • No withdrawal fees
  • Access to global markets
Cons:
  • Connection fees (0.25% of portfolio, max €2.50/trade)
  • Currency conversion fees: 0.25%
  • Dividend processing fees on custody account

Regulated by:

  • BaFin (Germany)
  • AFM (The Netherlands)

US Stock Fees: €2/trade

Inactivity Fees: None

Fractional Shares: No

Geographical Availability: Europe

Trustpilot Rating: 4.2/5

Degiro Logo

Rating: ★ 8/10

Read full review here
Pros:
  • Free ETF savings plans
  • Low trading costs
  • Beginner friendly features
Cons:
  • No fractional shares
  • limited market coverage (only Gettex and Xetra)
  • Additional fees on Xetra trades: (€3.99 +trading venue fee)

Regulated by:

  • BaFin (Germany)

US Stock Fees: €0.99/trade

Inactivity Fees: None

Fractional Shares: No

Geographical Availability: Germany, France, Spain, Italy and Austria, the Netherlands

Trustpilot Rating: 3.4/5

Degiro Logo

Rating: ★ 7/10

Read full review here
Pros:
  • Global market accesss
  • The SaxoInvestor platform
  • Regulated in multiple countries
Cons:
  • Custody fees (up to 0.15%)
  • 0.25% ccy conversion fee
  • Poor customer service reputation

Regulated by:

  • FSA (Danemark)
  • FCA (UK)
  • ASIC (Australia)
  • FINMA (Switzerland)

US Stock Fees: 0.08% (minimum $1 fee)

Inactivity Fees: None (0.15% custody fee can be applied depending on country of residence)

Fractional Shares: No

Geographical Availability: Global

Trustpilot Rating: 3.4/5

Degiro Logo

Rating: ★ 6.5/10

Read full review here
Pros:
  • Commission-Free Trades
  • Multi-Currency Deposits (low 0.15% FX fee)
  • Interest on Uninvested Cash
Cons:
  • EU investors under Bulgarian/Cypriot regulation
  • high-risk CFD trading alongside real stock investing

Regulated by:

  • FCA (UK)
  • ASIC (Australia)
  • FSC (Bulgaria)
  • CySEC (Cyprus)

US Stock Fees: $0 for US stocks and ETFs

Inactivity Fees: None

Fractional Shares: Yes

Geographical Availability: See supported countries here

Trustpilot Rating: 4.6/5

Degiro Logo

Rating: ★ 5/10

Read full review here
Pros:
  • Commission-Free Trades (depending on country of residence)
Cons:
  • EU investors under cypriot regulation
  • Encourages Speculative Behavior with Copy Trading
  • High Conversion Fees (from 0.75%)

Regulated by:

    • FCA (UK)
    • ASIC (Australia)
    • FSRA (UAE)
    • FSAS (Seychelles)
    • CySEC (Cyprus)

US Stock Fees: Up to $2 depending on your country of residence

Inactivity Fees: $10/month after 12 months with no login

Fractional Shares: Yes

Geographical Availability: See supported countries here

Trustpilot Rating: 4.2/5

Top tier regulators. Find out more here.

1The DividendPrince is dedicated to providing objective and transparent reviews. While this broker guide may include affiliate links, all evaluations are conducted impartially.

Floating Disclaimer
⚠️ Your capital is at risk when investing. Always consider the risks.

Disclaimer:The information presented in this website is for informational purposes only and should not be considered financial advice. You should not use this Blog to make financial decisions and I highly recommended you seek professional advice from someone who is authorised to provide investment advice.