Best Trading Platforms in Europe for 2023 (Ranked and Reviewed)

The Trader Workstation (TWS) of Interactive Brokers leads the list of the top trading platforms in Europe. It caters both to beginners and professional investors looking for educational materials and an easy to use platform and advanced technical and fundamental trading tools and for in-depth research.Investors in Europe can use Interactive Brokers’ web-based Client Portal trading platform, as well as the GlobalTrader Mobile app and the professional Trader Workstation platform.

The TWS platform is easy to use and includes many standard features such as watchlists, alerts, and real-time monitoring, in addition to advanced tools, such as the volatility lab, which is a brief overview of a stock’s past and future volatility parameters, as well as its industry peers and the broader market. In addition, it has advanced technical analysis tools with over 120 indicators and many other highly customizable features.

IBKR is a great option for retail investors interested in trading international stocks, ETFs, bonds, futures, options, and even penny stocks. It is ideal for beginners or professionals looking for a large number of instruments and a secure broker. Nearly all Europeans can open an account at IBKR.

On the downside, if you are new to investing, you might find the platform a bit complicated with too many buttons and features. You can read our IBKR review for more information.

Another exceptional trading platform in Europe is eToro, an international online broker with over 30 million users who trade stocks, forex, commodities, cryptocurrencies, CFDs, and ETFs. It is known for its social trading feature where you can copy the trades of other experienced traders. There are thousands of verified traders on eToro, and you can pick the best trader based on past Return on Investment (ROI), risk profile, or other factors.

The eToro platform gives users access to over 3,000 different financial instruments, including stocks and ETFs. Additionally, users can invest in ready-made investment portfolios (Smart Portfolios), a group of several assets or traders combined together based on a theme or strategy.

The web platform has an easy-to-use and intuitive interface that is beginner-friendly while offering advanced features for experienced traders. Among those features is one-click trading, which lets traders open a new position while using pre-determined parameters with just a click.

Additionally, it offers a stop loss feature that lets you keep a position open as long as the market price moves in the right direction. Another feature is the eToro Research Tab, powered by TipRanks, which helps you enhance your knowledge to make better-informed investment decisions.

Freedom24 (a brand of NASDAQ-listed Freedom Holding Corp. broker) is the best European trading platform for buying new stocks at the IPO (initial) price. The online broker is well-known for allowing retail investors to purchase stocks at their IPO prices (with +52% average return in 3 months), which was previously only available to institutional investors. 

Freedom24 was established in 2008, has 400,000+ worldwide clients, and has already given access to over 250 stocks at IPO price. The Freedom24 trading platform has an extensive range of financial instruments. You can also invest in stocks, ETFs, bonds, futures, and US options at the lowest price in Europe, and it gives you access to several international markets such as NASDAQ, NYSE, CME, HKEX, LSE, and Deutsche Börse.

The company offers a web-based trading platform and a mobile app. Both platforms are easy to use, well-designed, and intuitive, even for first-time users. What we liked about the trading platform is the “InvestIdeas” tab, which allows you to look at research conducted by Freedom Finance analysts, talking about particular stocks and giving ideas about attractive investment opportunities. The platform also offers a “D account,” high-yield savings account that lets you earn 3% per annum in USD.

Freedom24 offers four service plans with different costs: Smart, Fix, or Super in EUR and an all-inclusive plan in USD. Freedom24 has a free promo plan for new users where you can trade for free for the first 30 days.

DEGIRO joins the list as the best trading platform in Europe for zero-commission ETF trading. It is a perfect pick if you want to minimize your trading costs, as it does not charge any fees for maintenance, inactivity, deposits, or withdrawals while offering €/£1 commission per trade on US stocks (plus external fees) and several popular ETFs. Furthermore, the platform gives access to over 30 exchanges around the world.

DEGIRO was founded in 2008 and provides services to over 2.5 million European clients. In addition to stocks and ETFs, DEGIRO’s products include mutual funds, bonds, futures, and options, warrants, with the ability to trade on pre-market and after-hours trading.

DEGIRO’s web trading platform has a modern design and is highly intuitive, and the company is continuously updating it and adding new features based on clients’ feedback. For instance, you can create a favourites list and check the latest news about your portfolio.

Founded in 2008, Plus500 is an online broker offering a wide range of financial products, including real shares and CFDs on forex, indices, shares, commodities, options, ETFs, and cryptocurrencies. It is available in over 50 countries and is listed on the London Stock Exchange.

There are two distinct account types:

• Plus500 CFD: It only focuses on CFD products;
• Plus500 Invest: Where you can trade stocks (real shares);

The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and easy access from multiple devices, including a mobile app. All platforms are easy to use and responsive, and you can start testing the features by opening a demo account.