Today, we present a detailed guide on the best commission-free brokers for online trading in the main financial markets and assets of your interest. Professional, reliable brokers with thousands of registered users, also suitable for beginner traders.
When searching for your first broker, or even a new broker, the evaluation of costs and commissions must be one of the most important aspects to consider, along with the presence of regulations and licenses.
Not all brokers can currently be considered commission-free, and by “commission-free” we refer to the absence of fixed costs on so-called executions, that is, the costs certain platforms deduct for each position opening.
Indice
1. XTB
- Commissions: zero management and execution costs
- Spreads: variable, starting from 0.1
- Withdrawal fees: zero (if over €100)
- Minimum deposit: €100
One of the best commission-free brokers for management and execution is XTB. It is a regulated broker, with real licenses in our European territory as well, and suitable for all types of traders, both beginners and experienced.
It offers an easy-to-use platform that allows you to invest directly in ETFs and stocks (purchasing them physically), as well as trade with contracts for difference, i.e., derivative instruments for opening long and short positions.
For direct stock and ETF purchases, it applies a 0% commission. In other words, no costs are deducted when you invest in your preferred stock, provided your monthly trading volume does not exceed €100,000.
As for CFD activities, the broker does not require any fixed costs for trades, only small spreads (the difference between the buy and sell price), starting from 0.4 pips and varying based on the asset (stocks, indices, cryptocurrencies, commodities, etc.).
2. Capex
- Commissions: zero management and execution costs
- Spreads: variable, starting from 0.01
- Withdrawal fees: zero
- Minimum deposit: €100
Another commission-free broker for management, i.e., executions, is Capex. It is a broker specializing in contracts for difference, derivative instruments that allow you to trade without owning the underlying assets.
Here, too, you do not need to worry about fixed costs for opening trades, as the platform only requires small spreads on activities (the difference between the ASK price and the BID price).
Spreads may vary from market to market. Based on updated values at the time of writing, for CFD trading on stocks, spreads start from as low as 0.01, for cryptocurrency trading, spreads start from 0.03 (e.g., on Cardano), and so on. Being one of the best brokers for scalping, it offers unmatched execution speed.
There is no inactivity fee, meaning you can always take a break from trading without incurring any costs. To get started, you can deposit as little as €100 and begin your activities.
3. Trade.com
- Commissions: zero management and execution costs
- Spreads: variable, starting from 0.01
- Withdrawal fees: zero
- Minimum deposit: €100
We continue with the ranking of the best commission-free brokers by introducing Trade.com, which does not apply any fixed costs for management. You can open an account for free, either via a web desktop platform or through a mobile app.
It is one of the best Market Maker brokers and allows trading with contracts for difference, i.e., CFDs, without costs on executions. Here again, very low spreads are offered, allowing you to open several positions during the day while avoiding fees applied by banks.
With Trade.com, you can trade in stocks, commodities, stock indices, ETFs, currency pairs, and even major cryptocurrencies. Spreads can start from 0 for specific assets and be very low on other financial instruments, always variably (e.g., 1.68 USD on BTC).
4. AvaTrade
- Commissions: zero management and execution costs
- Spreads: among the lowest, variable by asset
- Withdrawal fees: zero
- Minimum deposit: €100
AvaTrade, a commission-free broker on trades, has exponentially increased its market share. This is thanks to the ease of managing its platform and, above all, its very competitive pricing and commission policy.
Where to start? Certainly from opening an account, which does not require any costs or specific subscriptions. The platform allows you to invest in the main financial markets, such as stocks, commodities, cryptocurrencies, indices, and forex, without fixed fees.
What is required, being a CFD broker, is only the difference between the buy and sell price. For example, forex spreads start from 0.9, stock spreads from 0.13, and cryptocurrency spreads from 0.20% over market.
5. DEGIRO
- Commissions: zero fixed costs on select ETFs
- Custody and inactivity fees: zero
- Withdrawal fees: zero
- Minimum deposit: €0.01
DEGIRO closes our ranking of the best commission-free brokers for select assets, as it applies a unique pricing policy. Its platform, which can also be managed via an app, is designed to offer great performance without hidden costs.
Opening an account does not require any costs or subscriptions, and you can immediately access the main financial markets. It is also one of the most chosen brokers for long-term investments, as it does not apply rollover costs.
Among its most important features, we highlight the absence of commissions on direct investments in ETFs from the Core Selection, a dedicated selection of exchange-traded funds. There are also no fees for withdrawals, inactivity, or custody.
