VOL. XCIV, NO. 247

Trading 212 Alternatives & Competitors

Checking

Replacement verdicts

Alternatives to Trading 212

Curated replacements grouped by fit, tradeoffs, pricing flexibility, and platform access. Use this list to decide which Trading 212 competitor is worth testing first.

Looking for a Trading 212 replacement? We've profiled 20 alternatives by workflow fit, pricing flexibility, caveats, and platform access. Whether you need a free option to trial, mobile-ready workflows, or API integrations, this list helps you choose what to test first.

Visit Trading 212 Tool details

Disclosure: outbound links may include affiliate or sponsor links

Which Alternative Should You Use?

eToro

Closest replacement

Best for: Retail investors who want multi-asset trading, social features, and a demo account.

eToro best matches the base workflow on brokerage trading, portfolio tracking, and portfolio watchlists.
eToro uses a one-time pricing model, which may fit users avoiding another subscription.

Watch for: Crypto and regional availability vary: Crypto, CopyTrader, Smart Portfolios, options, and asset availability depend on region, entity, and state restrictions.

Details Compare

DEGIRO

Best pricing fit

Best for: European investors looking for low-cost self-directed access to stocks, ETFs, bonds, funds, options, and futures.

DEGIRO best matches the base workflow on brokerage trading, portfolio tracking, and portfolio watchlists.
DEGIRO shares Other pricing with the base tool.

Watch for: Execution-only broker: DEGIRO does not provide investment advice or portfolio management.

Open DEGIRO account

Details Compare

Interactive Brokers (IBKR)

Strong runner-up

Best for: Active investors who need global multi-asset access, advanced orders, APIs, and volume-based commissions.

Interactive Brokers (IBKR) best matches the base workflow on brokerage trading, portfolio tracking, and market monitoring.
Interactive Brokers (IBKR) lists Free and Subscription pricing, so compare the current plan against your existing setup.

Watch for: Commission and market-data details vary by market: The record contains separate stock, ETF, options, futures, crypto, and market-data pricing notes by region and product.

Open IBKR account

Details Compare

AJ Bell

Strong runner-up

Best for: UK investors looking for taxable, ISA, LISA, junior, trust, company, and pension accounts with one provider.

AJ Bell best matches the base workflow on brokerage trading, portfolio tracking, and portfolio watchlists.
AJ Bell shares Other pricing with the base tool.

Watch for: UK tax residence required: New online accounts require UK tax residence. U.S. and Canadian citizens or tax residents are excluded.

Details Compare

Detailed Alternatives

I want to

Pay lessFill a gapUpgrade overall

Our ranked order by workflow overlap and quality.

1

Closest replacement

eToro

Bottom line: Retail investors who want multi-asset trading, social features, and a demo account.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Copy/Social Trading
Paper Trading
News
Alerts

Lose

Downloadable Tax Reports
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Useful when you want to add paper trading, charting and technical analysis, and news and alerts instead of mirroring the current workflow.
Free-plan limits: Signup required, Trading requires account approval and regional availability, and Crypto trading has a separate 1% fee.
Crypto and regional availability vary: Crypto, CopyTrader, Smart Portfolios, options, and asset availability depend on region, entity, and state restrictions.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
eToroTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open eToro Compare

Full review and details

2

Best pricing fit

DEGIRO

Analyst pickTested by us

Bottom line: European investors looking for low-cost self-directed access to stocks, ETFs, bonds, funds, options, and futures.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Smart/Direct Routing
News
Calendar
flatexDEGIRO Bank SE provides execution-only service without investment advice or portfolio management.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on dividend research and filings and transcript research.
Free-plan limits: Signup required, Trading requires an approved brokerage account, and Transaction, handling, currency-conversion, connectivity, and market-data fees can apply.
Execution-only broker: DEGIRO does not provide investment advice or portfolio management.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
DEGIROTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open DEGIRO account Compare

Full review and details

3

Drop-in replacement

Interactive Brokers (IBKR)

Analyst pickTested by us

Bottom line: Active investors who need global multi-asset access, advanced orders, APIs, and volume-based commissions.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Smart/Direct Routing
Paper Trading
Options
Screeners

Lose

Downloadable Tax Reports
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists and dividend research.
Free-plan limits: Signup required, Brokerage account has no recurring platform fee in the profile, but trading commissions and add-on fees vary by product, and Real-time market data and Level II data generally require subscriptions.
Commission and market-data details vary by market: The record contains separate stock, ETF, options, futures, crypto, and market-data pricing notes by region and product.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Interactive Brokers (IBKR)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open IBKR account Compare

Full review and details

4

AJ BellDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

4

Drop-in replacement

AJ Bell

Bottom line: UK investors looking for taxable, ISA, LISA, junior, trust, company, and pension accounts with one provider.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Share custody is 0.25% with monthly caps from £2.50 to £10 depending on the account wrapper.
Fund custody is generally 0.25% on the first £250,000, 0.10% on the next £250,000, then zero.
Online dealing costs £5 for listed securities or £1.50 for funds; frequent share dealing can fall to £3.50.
International dealing FX is tiered at 0.75%, 0.50%, and 0.25% by trade value.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on dividend research.
Free-plan limits: Signup required, Brokerage access requires an approved eligible UK account, and Shares, funds, FX, taxes, levies, and investment products can each add charges.
UK tax residence required: New online accounts require UK tax residence. U.S. and Canadian citizens or tax residents are excluded.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
AJ BellTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open AJ Bell Compare

Full review and details

5

Hargreaves LansdownDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

5

Drop-in replacement

Hargreaves Lansdown

Bottom line: UK investors looking for broad funds, shares, ETFs, bonds, ISA, LISA, junior, trust, and pension accounts in one established platform.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Funds have a tiered annual account charge starting at 0.35%; listed assets are generally 0.35% capped at £150 per account annually.
One-off online fund trades cost £1.95; listed-security trades cost £6.95 or £3.95 after 20+ prior-month trades.
Overseas share FX is tiered at 0.99%, 0.50%, and 0.20% by trade value.
Cleared GBP cash earns variable interest with different tiers for taxable, ISA, SIPP, and drawdown accounts.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on dividend research.
Free-plan limits: Signup required, Brokerage use requires an approved account and applicable UK residence/wrapper eligibility, and Platform, dealing, FX, tax, levy, and product charges can apply.
Percentage platform charge: Funds and most listed assets carry 0.35% entry-tier account charges, with different tiers, caps, and junior-account exceptions.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Hargreaves LansdownTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open an HL account Compare

Full review and details

6

E*TRADE from Morgan StanleyDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

6

Drop-in replacement

E*TRADE from Morgan Stanley

Bottom line: U.S. self-directed investors who need several account types, research, retirement administration, and multiple trading platforms.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online U.S. exchange-listed stock and ETF commissions; options cost $0.65 or $0.50 per contract by activity tier.
Eligible listed Reg-NMS fractions start at $5 and support quantities to three decimal places during the rollout.
The default Bank Deposit Program pays 0.01%, 0.05%, or 0.15% APY by current balance tier.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists and dividend research.
Free-plan limits: Signup required, Brokerage features require an approved account and cleared funding, and Options, margin, futures, crypto and specialized registrations require separate eligibility.
Low default cash rate: The standard Bank Deposit Program pays 0.01% below $500,000 under the current tier schedule.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
E*TRADE from Morgan StanleyTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open E*TRADE Compare

Full review and details

7

interactive investorDrop-in replacementSubscriptionPaid only

7

Drop-in replacement

interactive investor

Bottom line: UK investors with larger or consolidated portfolios who prefer flat monthly platform fees to percentage custody charges.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Core costs £5.99 monthly up to £100,000; Plus is £14.99 and Premium £39.99 with no portfolio limit.
Online UK/US listed trades cost £3.99 on Core/Plus or £2.99 on Premium.
Fund trades cost £3.99, £1.49, or zero; other international trades cost £9.99, £7.99, or £5.99 by plan.
FX costs 0.75% Core, 0.75% then 0.25% Plus, or 0.25% Premium.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on dividend research and filings and transcript research.
Free-plan limits: Signup required, The monthly subscription begins when the account is funded and used, and Core has a £100,000 portfolio limit and excludes Junior ISA and family benefits.
Monthly subscription required: Funded accounts pay £5.99, £14.99, or £39.99 monthly, so small portfolios may find percentage or free platforms cheaper.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
interactive investorSubscription
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Join interactive investor Compare

Full review and details

8

WebullPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

8

Partial replacement

Webull

Bottom line: Eligible U.S. traders looking for mobile, web, and desktop execution with $0 online commissions for U.S.-listed stocks and ETFs.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists, dividend research, and filings and transcript research.
Free-plan limits: Signup required, Trading requires an approved eligible brokerage account, and Options, margin, entity and IRA access have additional rules.
U.S. eligibility rules: Applicants need a U.S. address, SSN or ITIN, and permanent-resident or accepted-visa status.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
WebullTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Webull Compare

Full review and details

9

CIBC Investor's EdgeDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

9

Drop-in replacement

CIBC Investor's Edge

Bottom line: Canadian residents who want self-directed brokerage linked to CIBC banking.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Standard online stock and ETF trades cost $6.95, or $4.95 under Active Trader pricing.
Over 180 selected ETFs can trade commission-free when the live list and holding rules are met.
All ordinary CAD and USD brokerage credit balances currently pay 0%.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring and dividend research.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and Standard equity and options trades are paid.
Canada-only opening: Individual opening is limited to eligible Canadian residents.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
CIBC Investor's EdgeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open CIBC Edge Compare

Full review and details

10

Merrill EdgeDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

10

Drop-in replacement

Merrill Edge

Bottom line: U.S. Bank of America customers valuing linked banking, immediate eligible transfers, and relationship-level visibility.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online stock and ETF commissions and $0 option base commission plus $0.65 per contract.
Linked eligible Bank of America transfers can be real time; external bank, wire, check, and account-transfer funding are supported.
Standard bank-sweep rates are currently 0.01%, 0.05%, or 0.15% by balance tier.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists, dividend research, and filings and transcript research.
Free-plan limits: Signup required, Brokerage use requires an approved Merrill account, and Options, margin, trust, estate and business accounts have additional rules.
Low standard cash rate: The standard bank sweep pays 0.01% below $1 million under the current rate sheet.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Merrill EdgeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Merrill Edge Compare

Full review and details

11

Revolut (Invest)Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

11

Drop-in replacement

Revolut (Invest)

Analyst pickTested by us

Bottom line: Revolut customers who want investing inside the same money app.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Alerts
News
ETF Analysis
Wealth Management

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on dividend research.
Free-plan limits: Signup required, Investing requires eligible Revolut account and country availability, and Commission-free order allowances vary by plan.
Fees depend on region and plan: Commission-free order allowances, execution commissions, Trading Pro pricing, crypto, commodities, and robo-advisor availability vary by entity and country.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Revolut (Invest)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via support.

Open Revolut Invest Compare

Full review and details

12

Charles SchwabDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

12

Drop-in replacement

Charles Schwab

Bottom line: U.S. investors who want brokerage, trading platforms, research, tax workflows, and several asset classes in one account.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Options
Paper Trading
Smart/Direct Routing
News

Lose

Downloadable Tax Reports
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists and filings and transcript research.
Free-plan limits: Signup required, Brokerage use requires an approved Schwab account, and Options, futures, forex, margin, and API workflows require separate approval or authorization.
Advanced products need approval: Options, futures, forex, margin, and crypto access have separate approval, risk, and eligibility requirements.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Charles SchwabTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Schwab account Compare

Full review and details

13

FreetradeDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

13

Drop-in replacement

Freetrade

Bottom line: UK tax residents looking for commission-free app-first investing with a free GIA, ISA, and SIPP.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Lose

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.
Multi-currency Invest accounts can hold supported GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, and AUD balances.

Watch out

Avoid as a full replacement if you rely on dividend research and filings and transcript research.
Free-plan limits: Signup required, An approved UK-resident brokerage account is required, and Basic charges 0.99% FX on non-GBP trades and pays 1% AER only up to £1,000 cash.
UK tax residents only: Opening requires UK tax residence and a qualifying same-name GBP account. U.S. citizens and dual nationals are not accepted.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Freetrade Compare

Full review and details

14

BMO InvestorLineDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

14

Drop-in replacement

BMO InvestorLine

Bottom line: Canadian residents who want self-directed investing through a BMO brokerage.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Standard online stock and ETF trades cost $9.95, or $3.95 for qualifying active traders.
More than 100 selected ETFs can qualify for commission-free trading.
Standard ordinary CAD, USD and registered brokerage cash currently earns 0%.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring, dividend research, and filings and transcript research.
Free-plan limits: Signup required, An approved Canadian self-directed brokerage account is required, and Standard equity and options trades are paid.
Canada-only opening: The reviewed individual opening flow is for eligible Canadian residents.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
BMO InvestorLineTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open BMO InvestorLine Compare

Full review and details

15

GrowwDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

15

Drop-in replacement

Groww

Bottom line: Resident Indian investors who want stocks, ETFs, mutual funds, IPOs, and derivatives in one web and mobile account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
One resident-India platform spans NSE/BSE cash equities, ETFs, direct mutual funds, F&O and MCX commodity derivatives.
Groww Invest Tech is a SEBI-registered broker and CDSL/NSDL depository participant.
Trading and demat opening and maintenance are listed at ₹0, with transaction and depository charges disclosed separately.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring, dividend research, and filings and transcript research.
Free-plan limits: Signup required, The current opening route is for resident Indian applicants and eligible Indian entities, not NRIs, and Trades incur brokerage, depository, exchange, tax and regulatory charges according to product and order type.
No NRI accounts: Groww expressly says NRIs cannot currently invest in mutual funds, stocks or F&O through the platform.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
GrowwTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Groww Compare

Full review and details

16

RBC Direct InvestingDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

16

Drop-in replacement

RBC Direct Investing

Bottom line: Canadian residents who want self-directed investing through an RBC brokerage.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Standard online stock and ETF trades cost $9.95, or $6.95 under Active Trader pricing.
Selected ETFs and online mutual-fund trades can carry a $0 RBC commission.
Gold and silver certificates have a 100-ounce minimum and a $43 minimum commission.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring, dividend research, and filings and transcript research.
Free-plan limits: Signup required, An approved self-directed brokerage account is required, and Standard equity and options trades are paid.
Canada-only public opening: The reviewed public account-opening offer establishes eligibility for Canadian residents only.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
RBC Direct InvestingTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open RBC Direct Compare

Full review and details

17

WealthsimpleDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

17

Drop-in replacement

Wealthsimple

Bottom line: Canadian residents seeking $0 online commissions for listed Canadian and U.S. stocks and ETFs.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Canadian and U.S. listed stock and ETF trades have $0 stated online commission.
Fractional stock and ETF market orders start at $1.
Core clients pay $10 CAD plus tax monthly for USD accounts after a 30-day trial; Premium and Generation include them.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring and dividend research.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and Currency conversion, index-option, exercise, instant-withdrawal and product costs can apply.
Canada-only eligibility: Individual applicants must reside in Canada and meet provincial or territorial age-of-majority requirements.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
WealthsimpleTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Wealthsimple Compare

Full review and details

18

Monex SecuritiesDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

18

Drop-in replacement

Monex Securities

Bottom line: Japan residents who need Japanese and U.S. securities in one self-directed account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Domestic per-order commissions start at ¥55 and top out at ¥1,070 under the published online tiers.
U.S. security commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
One Share buys eligible Japanese securities below the standard lot from one share.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring and dividend research.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, My Number and linked-bank checks, and Domestic, U.S., odd-lot, currency and derivative transactions use different schedules.
Japan residents only: The ordinary account is limited to Japan residents and is restricted when a customer becomes non-resident.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Monex SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Monex Securities Compare

Full review and details

19

Rakuten SecuritiesDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

19

Drop-in replacement

Rakuten Securities

Bottom line: Japan residents who need Japanese and U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Zero Course domestic cash-equity brokerage is ¥0 when its SOR/R-Cross conditions are accepted.
U.S. stock and ETF commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
Kabumini trades eligible Japanese shares below the standard lot from one share.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring and dividend research.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, tax and account screening, and Zero Course domestic pricing has SOR/R-Cross and electronic-service conditions.
Japan residents only: The modeled account is not open as a general overseas route, and non-resident customers face restrictions.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Rakuten SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Rakuten Securities Compare

Full review and details

20

SBI SecuritiesDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

20

Drop-in replacement

SBI Securities

Bottom line: Japan residents who need domestic shares, U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Zero Revolution lists ¥0 brokerage for eligible domestic cash, margin and S-share orders under its conditions.
U.S. security commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
S-shares provide eligible Japanese securities below the standard lot from one share.

Lose

Advanced Order Types
Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Watch out

Avoid as a full replacement if you rely on market monitoring and dividend research.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, My Number and bank-account checks, and Domestic zero brokerage requires electronic-delivery and course conditions.
Japan residents only: SBI limits opening to domestic residents and states it does not hold overseas securities-business licenses.

Price: Trading 212Transaction-priced · Fees vary by offer and jurisdiction
SBI SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open SBI Securities Compare

Full review and details

What This Shortlist Tells You

eToro is the closest drop-in replacement with overlapping coverage in Brokerage, Advanced Order Types, and Portfolio while adding Copy/Social Trading and Paper Trading coverage and Commission-free trading on U.S. stocks and ETFs; eToro says it pays securities regulatory transaction fees on stock sales for users. and Crypto trades incur a separate 1% fee on buys and sells; since mid-July 2025 the fee is shown separately before execution and in portfolio/account statements. features (workflow overlap ~80%).

Round out your stack with new coverage areas like Copy/Social Trading, Paper Trading, News, and Alerts.

Coverage Snapshot

Where alternatives already align

Most shared categories across the top matches.

Brokerage×20Portfolio×20Watchlist×20Downloadable Tax Reports×17Advanced Order Types×11

New angles introduced

Categories the alternatives add beyond Trading 212.

Options+13News+5Alerts+3Calendar+3Paper Trading+3Smart/Direct Routing+3APIs & Data Feeds+2Education+2

Access & Pricing

Free options

0/20

0 picks introduce a free tier you can start with.

Mobile ready

20/20

20 matches support mobile alongside Trading 212.

API availability

2/20

2 of the shortlisted tools expose API endpoints for automation-heavy workflows.

Quality checks

3 starred / 3 tested

3 tools are flagged as analyst picks; 3 have been hands-on tested.

Avg. coverage overlap

88%

Average percentage of categories shared with the base tool.

Frequently Asked Questions

What are the best alternatives to Trading 212?

Trading 212 users most often consider eToro, DEGIRO, and Interactive Brokers (IBKR) as their go-to alternatives.

Which workflows do the top Trading 212 alternatives cover?

Expect deep coverage across Advanced Order Types, Brokerage, Downloadable Tax Reports, Portfolio, and Watchlist, so you can port most Trading 212 workflows without much friction.

Keep Exploring

Wide Moat StocksBrowse the current moat score ranking and company-level moat notes.

Short InterestDaily tracker for heavily shorted stocks and short squeeze candidates.

Stock RankingsBacktested ranking systems for quality, value, momentum, and more.

Live AnalyticsSee what users are clicking, searching, and voting for across the site.

Research ToolsFind screeners, data platforms, portfolio trackers, and research tools.

Feedback

Missing an alternative, or is a listing out of date? Tell me and I will look.

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.