Broker Fee Comparator
Compare annual trading costs across major European brokers
TL;DR — Key Points
- ▸Broker fees vary hugely: from €0 (Scalable FREE on ETFs ≥€250) to €19+ per trade (Fineco).
- ▸For passive ETF investors (1–4 trades/month), Trade Republic or Scalable FREE are usually cheapest.
- ▸For active traders with larger positions, Interactive Brokers (0.05%, min €1.25) is often best.
- ▸Scalable PRIME+ is only worth it if you trade frequently with small amounts.
- ▸Use the comparator below to find the cheapest broker for your exact trading profile.
Broker fees can silently erode your investment returns over time. A €5 commission on a €200 trade is 2.5% — before you even factor in market movements. Choosing the right broker for your trading frequency and position size can save you hundreds of euros per year.
How Are Broker Fees Structured?
Most European brokers charge a flat fee per trade (e.g. €1 at Trade Republic), a percentage of the trade value with a minimum (e.g. 0.05%, min €1.25 at Interactive Brokers), or a hybrid model with monthly subscription tiers. Some offer free ETF trading on selected instruments — but conditions often require a minimum trade size or restrict eligible funds.
Which Broker Is Cheapest for ETF Investors?
For a typical European ETF investor making 2–4 trades per month of €500–€2,000 each, the lowest-cost options are usually Scalable Capital FREE (€0 on eligible ETFs ≥€250), Trade Republic (€1 flat), and DEGIRO (€1 for Core ETFs). Fineco and Interactive Brokers become more competitive for larger position sizes and more active trading.
Hidden Costs to Watch Out For
Beyond headline commissions, consider: currency conversion spreads if trading in non-EUR assets, custody fees (some brokers charge inactivity fees), withdrawal fees, and the quality of order execution. Scalable PRIME+ charges €4.99/month — only beneficial if you trade very actively in small sizes. Always check the broker's full tariff sheet, as promotional rates may not include all fees.
Compare Costs for Your Trading Profile
Trade type
Annual cost comparison
| Broker | Cost/trade | Annual total |
|---|---|---|
1.Scalable Capital FREECheapest | Free | €0.00 |
2.DEGIRO | €1.00 | €48.00 |
3.Trade Republic | €1.00 | €48.00 |
4.Scalable Capital PRIME+ Includes €4.99/mo subscription | Free | €59.88 |
5.Interactive Brokers | €1.25 | €60.00 |
6.Directa SIM | €1.50 | €72.00 |
7.FinecoMost expensive Tiered rebates not modeled | €2.95 | €141.60 |
Indicative prices based on public tariffs as of March 2026. Scalable PRIME+ includes €4.99/month subscription. Fineco applies tiered rebates not modeled here. Always verify current fees on the broker's website.
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