GDPR Compliant Online Trading Platforms — European Alternatives
European investment and brokerage platforms — alternatives to Robinhood that offer commission-free or low-cost trading with full EU regulation and investor protection.
Why choose a European online trading platforms?
- Your investment data and portfolio stay under EU jurisdiction — no US CLOUD Act exposure
- Regulated by top-tier EU authorities (BaFin, AFM, FMA) with EU investor protection schemes
- No Payment for Order Flow (PFOF) — banned in the EU from 2026, ensuring better execution quality
- Access to European stocks, ETFs, and bonds alongside US markets
Bitpanda
🇦🇹 Austria, ViennaAustrian multi-asset investment platform — stocks, ETFs, crypto, and precious metals from 1 EUR
Alternative to: Robinhood
BUX
🇳🇱 Netherlands, AmsterdamDutch mobile-first investment app — zero-commission EU orders, backed by ABN AMRO bank
Alternative to: Robinhood
DEGIRO
🇳🇱 Netherlands, AmsterdamOne of Europe's oldest and largest online brokers — 50+ exchanges in 30 countries at ultra-low fees
Alternative to: Robinhood
Lightyear
🇬🇧 United Kingdom, LondonZero-commission trading app from ex-Wise founders — multi-currency investing with best-in-class FX rates
Alternative to: Robinhood
Scalable Capital
🇩🇪 Germany, MunichGerman fintech with EU banking license — self-directed brokerage plus robo-advisor in one platform
Alternative to: Robinhood
Trade Republic
🇩🇪 Germany, BerlinEurope's largest savings platform — full German banking license, 1 EUR per trade, free savings plans, and 2% interest on cash
Alternative to: Robinhood
Quick Comparison
| Product | Country | Open Source | Free Tier | Founded |
|---|---|---|---|---|
| Trade Republic | 🇩🇪 Germany | No | Yes | 2015 |
| Scalable Capital | 🇩🇪 Germany | No | Yes | 2014 |
| BUX | 🇳🇱 Netherlands | No | Yes | 2014 |
| Bitpanda | 🇦🇹 Austria | No | Yes | 2014 |
| DEGIRO | 🇳🇱 Netherlands | No | No | 2008 |
| Lightyear | 🇬🇧 United Kingdom | No | Yes | 2020 |
Frequently Asked Questions
What is the best European alternative to Robinhood?
Trade Republic (Germany) is the closest equivalent — mobile-first, 1 EUR per trade, free savings plans, and a full German banking license. Scalable Capital is best for investors who also want a robo-advisor.
Are European trading platforms cheaper than Robinhood?
Trade Republic charges just 1 EUR per trade (savings plans are free). BUX offers zero-commission EU stock orders. While Robinhood advertises zero commissions, it monetises through PFOF which can result in worse execution prices.
Is my money safe with a European broker?
Yes — Trade Republic and Scalable Capital hold full German banking licenses and are supervised by BaFin. Client funds are protected up to EUR 100,000 by the German deposit guarantee scheme, and securities are held in custody (segregated from the broker).
Can I buy US stocks on European platforms?
Yes — all major EU brokers offer access to US stocks and ETFs. Trade Republic, Scalable Capital, BUX, and DEGIRO all provide US market access.
Need help migrating?
We're building step-by-step guides for switching from Robinhood to European alternatives. Request a guide and we'll prioritise it.