With the development of financial technology, there are more and more investment apps available in Europe, providing convenient and efficient investing experience for European investors. This article will introduce the top 5 investment apps in Europe from the aspects of functionality, assets covered, fees and other features.
Trading 212 offers commission-free trading of stocks and ETFs
Trading 212 is one of the most popular investing apps in Europe, headquartered in London. It offers commission-free trading of over 3,000 stocks and ETFs from major European exchanges. The easy-to-use mobile app also provides free real-time market data, price alerts and virtual portfolios. However, Trading 212 doesn’t support retirement or tax-advantaged accounts which some investors look for.
DEGIRO features one of the lowest fees in Europe
DEGIRO is a Dutch online brokerage firm founded in 2008. It offers access to over 60 exchanges worldwide with very competitive commission fees, making it one of the cheapest ways to invest in Europe. DEGIRO provides investment products including stocks, ETFs, bonds, options, futures across 30+ countries. The brokerage also offers Islamic accounts and retirement accounts like SIPPs for UK investors.
eToro focuses on social trading and crypto assets
eToro is an Israel-based investment platform featuring social trading. It allows investors to interact with each other through the social feed and copy trade the top performers. While mainly focused on crypto trading initially, eToro now also offers trading of CFDs, ETFs, stocks, commodities and more. The platform is regulated across Europe and appreciated for its user-friendliness.
BUX Zero provides free trading of select stocks and ETFs
BUX Zero is a new entrant in the European investment app scene based in Netherlands. Its main value proposition is that investors can buy and sell certain popular stocks and ETFs without any commission fees or monthly charges. Although the number of commission-free assets is limited, BUX Zero removes the barrier for small and new investors in Europe.
Swissquote offers multi-asset trading tailored for European clients
Founded in Switzerland in 1996, Swissquote Group Holding Ltd provides online financial and trading services with a focus on Forex and CFDs. Over the years, Swissquote has expanded the assets covered to include stocks, ETFs, options, futures, bonds, funds and crypto as well. It stands out by supporting 15 languages and being tailored made for European traders and investors.
In conclusion, European investors nowadays enjoy a good selection of investment apps catering to different needs. The top apps stand out by offering low cost, wide asset selection, social elements and emphasis on European assets or languages. By choosing wisely among the apps, investors in Europe can find the right platform fitting their investment style.