US Stock Trading Costs for UK and EU Residents

1. DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 13 February 2024. Some providers offer multi-currency accounts which were not considered in the comparison. We assumed account-based currency is GBP. The comparison is shown for illustrative purposes only. For confirmation of the most up to date competitor rates on different account types and product information you should visit their websites.
2. Total cost considers execution commission and fx conversion costs charged by the providers. In the case of IBKR, and some other providers where readily disclosed, we have additionally included regulatory, clearing and exchange fees that are passed through to the client on a transactional basis.
3. For comparison purposes, we have converted "Advertised Rates" to GBP. The USD/GBP FX rate we used in the comparison table is 0.79410.
4. IBKR, tiered stock commissions of $0.0035 per share + exchange, regulatory and clearing fees. IBKR FX commissions are 0.002%, with a minimum of $2.00 Full rate card is available by visiting IBKR Commissions.
5. Robinhood passes through third-party costs of 0.03% related to FX fees when exchanging from GBP to USD. Assumed a market order which is assessed a spread fee estimated at 0.0125%.
6. Saxo's VIP account type used. Minimum US stock commission is USD 1.00 per order for all account tiers.
7. Degiro fees effective January 1, 2024, per fee schedule on Degiro UK website. €1.00 per trade transaction fee + €1.00 per trade handling fee. Assumed that the trade is placed via Auto FX Trader.
8. We assumed client has traded at least 3 times in the previous calendar month to meet IG's requirement for £0 US stocks commission.
9. AJ Bell's £9.95 fee for trades on US shares per deal is based on less than 10 deals in the previous month. FX conversion rates are tiered based on trade value.
10. Rate for Basic Investment Account type at Freetrade.
11. Hargreaves Lansdown's £11.95 commission rate is based on 0-9 deals in the previous month. FX conversion rates are tiered based on the deal value.
12. Interactive Investor's £3.99 commission rate is for the Investor account type. FX conversion rates are tiered based on the deal value. The illustration does not include cost of the account monthly service plan.

When you invest, your capital is at risk. The value of your portfolio can go down as well as up, and you may get back less than you invest.

1. DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 13 February 2024. Some providers offer multi-currency accounts which were not considered in the comparison. We assumed account-based currency is EUR. The comparison is shown for illustrative purposes only. For confirmation of the most up to date competitor rates on different account types and product information you should visit their websites.
2. Total cost considers execution commission and fx conversion costs charged by the providers. In the case of IBKR, and some other providers where readily disclosed, we have additionally included regulatory, clearing and exchange fees that are passed through to the client on a transactional basis.
3. For comparison purposes, we have converted "Advertised Rates" to EUR. The USD/EUR FX rate we used in the comparison table is 0.933794
4. IBKR, tiered stock commissions of USD 0.0035 per share + exchange, regulatory and clearing fees. IBKR FX commissions are 0.002%, with a minimum of USD 2.00 Full rate card is available by visiting IBKR Commissions.
5. Fineco variable commissions schedule used. Assumed no FX conversion due to multicurrency accounts.
6. Rate of InvestoPro GO platform is €9.90
7. Saxo's VIP account type used. Minimum US stock commission is USD 1.00 per order for all account tiers.
8. Degiro fees effective January 1, 2024, per fee schedule on Degiro IE website. €1.00 per trade transaction fee + €1.00 per trade handling fee. Assumed that the trade is placed via Auto FX Trader.
9. Swissquote rates are 0.10% of trade value with a minimum of €14.95 per order. Currency conversion fee between USD, CHF, and EUR is 0.90% of trade value. However, considering default multi-currency account, we assumed zero FX rate.
10. Flatex €5.90 commission for USA/Canadian orders. Flatex adds a charge of 0.40% on the exchange rate for buying and selling USD stock from a main EUR account.
11. ING Diba's commission is a basic fee of €4.90 + 0.25% of the order market value. The basic fee is charged once per order - a maximum of €69.90. FX conversion fee is 0.25%. ING Diba charges a €14.90 fee for trades on foreign trading venues (exchanges).