17.12.2024
Piotr Skowroński
15
17.12.2024
Piotr Skowroński
15
Investing in stock markets is becoming an integral part of a long-term financial strategy for many people around the world. Choosing a broker is a key step in this process, as it determines access to tools, commissions and investment conditions. In this review, we will look at the best global brokers, their key features and help you decide which one to choose.
Saxo is a universal broker that offers access to 6,700 ETFs, international markets and a host of other financial instruments. It is a great solution for beginners and experienced investors alike. The SaxoInvestor platform is suitable for passive strategies, while SaxoTraderGo is for those who want to work with advanced analytical tools. The broker stands out with favourable rates, especially for large orders over €5,000.
In addition, Saxo Bank offers features such as access to derivatives, bonds and futures. This makes it an ideal choice for investors looking for maximum portfolio diversification. Benefits of the platform include an intuitive interface, professional analytics and an extensive product selection. Saxo also offers PEA and PEA-PME accounts, which increases its appeal to French investors.
Bourse Direct is the leader of online brokerage in France. The company offers the cheapest PEA on the market, a wide selection of ETFs and easy access to investments with no subscription fees. It is the optimal choice for those looking for minimal commissions and reliable service.
The broker targets both experienced traders and beginners. The ease of use of the platform, competitive rates and no management fees make Bourse Direct the best choice for novice investors. Also worth noting are the constant promotions and bonuses offered to clients, including free commissions on the first stages of working with the broker.
This Dutch broker is known for its low fees and wide range of investment products: more than 1,000 ETFs and access to 50 global exchanges. However, Degiro does not support PEA, which limits its appeal to investors from France. Nevertheless, for those seeking global diversification, it is one of the best options.
Additional benefits of Degiro include no management fee and no minimum initial deposit requirements. Investors appreciate the transparency of fees and the ease of use of the platform. Degiro is actively expanding its presence in international markets, making it an attractive choice for long-term investing.
Trade Republic offers investments with minimal costs: orders cost only €1 and there are no commissions for investment plans. The broker also pays 3.25% on the account balance (up to €50,000), which is an additional advantage. The Trade Republic platform is mobile-orientated, which makes it one of the most popular among young investors. The simplicity of the interface, access to fractional shares and investment automation are key pluses of this broker. The broker actively attracts investors due to its no service charges and support for regular investment plans.
Scalable Capital provides access to 1,900 ETFs and offers investment plans with automation options. The Free Broker package is ideal for long-term investing without a subscription, while the paid Prime Broker tiers offer additional benefits including interest accrual on liquid assets. Scalable Capital features the ability to choose between multiple subscription levels, allowing you to tailor the terms to your individual needs. For active investors, the paid Prime Broker and Prime Broker+ plans offer free trades and access to exclusive investment instruments. Scalable Capital also offers convenient market analysis tools, making it attractive to analytically-minded investors.
eToro specialises in social trading and copy-trading, which makes it attractive for beginners. You can watch other investors' trades and copy their strategies. However, you should keep in mind that the success of traders in the past does not guarantee profits in the future. The platform also provides access to a wide range of investment products, including cryptocurrencies, stocks and ETFs. The user-friendly interface and educational materials make eToro a popular choice among novice investors. In addition, the broker offers a variety of analytical tools to help users better navigate the market.
Both brokers provide access to a large number of global exchanges. Saxo offers professional analytical tools and a wide range of markets, while Degiro is one of the leaders in terms of the number of available exchanges (50+). The brokers are aimed at investors seeking maximum diversification.
Easybourse, a subsidiary of La Banque Postale, ensures high financial strength and offers access to international markets through a robust platform. The company targets investors looking for stability and long-term solutions. Benefits include a wide selection of ETFs and high quality of service. The broker pays special attention to ensuring the safety of its clients' assets.
Ideal for beginners due to simple terms and conditions, no management fees and favourable PEA rates. The platform is updated, making the investing process intuitive. Bourse Direct also provides access to educational materials, webinars, and analytics to help newbies get up to speed on the market faster. This makes it a great choice for those just starting out in the world of investing.
The Discovery service allows you to get started with minimal costs. The platform provides access to 40,000 financial products without brokerage fees. BoursoBank emphasises ease of use, giving its customers the ability to manage their accounts and investments through a single app. This makes it a great choice for those who want to integrate banking and investments. The broker also provides detailed reports and analytical tools for portfolio management.
When choosing a broker, it is important to consider:
Additionally, it is important to consider the broker's level of transparency and the availability of a demo account to test the platform. Many brokers offer a trial period that allows you to evaluate their capabilities without risk. It is also worth paying attention to additional services, such as free investment plans or access to exclusive products.
Each broker has its own strengths. For mobile investing, Trade Republic is suitable, Degiro for diversification, and Saxo for a professional approach. If you're just starting out, Bourse Direct and BoursoBank will provide a comfortable starting point. The key is to choose the broker that best suits your goals and strategy.
Investing in the stock market requires responsibility and a sensible approach. Analyse your goals, study brokers' offers and choose a reliable partner for long-term growth of your financial assets. Remember that it is important not only to choose a platform, but also to develop your own investment strategy to maximise the use of all available resources.
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