US Stock Trading Costs for UK and EU Residents
Zero Commissions
Doesn't Mean Free Trades
Interactive Brokers clients receive
significant savings vs. other brokers
US Stock Trading Costs for UK Residents
The comparison to other providers is based on the rates published on their websites as of August 3, 2026 for deals in US stocks. Providers' account types used for this illustration are what we consider default standard tier.1
See Notes and Disclaimers for complete information.
| Total Trade Cost2 | Advertised Rates3 | |||
|---|---|---|---|---|
| Broker | 100 shares £5,000 |
200 shares £10,000 |
US Stock Commission |
EXTRA FX FEE |
| Interactive Brokers | £1.77 | £3.55 | USD 0.00354 | 0.03%4 |
| Robinhood UK | £6.25 | £12.50 | USD 0.005 | 0.10%5 |
| Saxo | £11.50 | £23.00 | 0.03%6 | 0.20%6 |
| Degiro | £13.36 | £25.86 | €1.007 | 0.25%7 |
| eToro | £37.50 | £75.00 | £0.008 | 0.75%8 |
| Interactive Investor | £41.49 | £78.99 | £3.999 | 0.75%9 |
| AJ Bell | £42.50 | £80.00 | £5.0010 | 0.75%10 |
| FreeTrade | £49.50 | £99.00 | USD 0.0011 | 0.99%11 |
| Hargreaves Lansdown | £56.45 | £105.95 | £6.9512 | 0.99%12 |
| Revolut | £62.50 | £125.00 | 0.25%13 | 1.00%13 |
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of August 3, 2026. Some providers offer multi currency accounts which were not considered in the comparison. We assumed account base currency is GBP and that a FX conversion to USD is required. 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.
- 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.
- For comparison purposes, we have converted "Advertised Rates" to GBP. The USD/GBP FX rate we used in the comparison table is 0.74129
- IBKR, tiered stock commissions of $0.0035 per share + exchange, regulatory and clearing fees. Assumed auto currency conversion charge of 0.03%. Full rate card is available by visiting ibkr.co.uk/commissions.
- Robinhood weekday currency conversion of 0.10% applied. Assumed a market order which is assessed a spread fee estimated at 0.025% from the midpoint.
- Saxo's VIP account type used with VIP currency conversion fee of 0.20%. Custody Fee is not included.
- Degiro fees 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. Does not include €2.50 Connectivity Fee.
- eToro offers commission-free US stock trades for UK residents. FX conversion fee is 0.75% for general accounts that do not have the club discount.
- Interactive Investor's £3.99 commission rate is for the Core account type. FX conversion rates of 0.75%. The illustration does not include cost of the account monthly service plan.
- AJ Bell's FX conversion rates are tiered. Commissions lowered to £3.50 if 10 trades or more are completed in the previous month. Account charge not included.
- Rate for Basic Investment Account type at Freetrade. FX Rate on non-GBP transactions is 0.99%.
- Hargreaves Lansdown's £6.95 commission rate is based on 0-19 deals in the previous month. FX conversion rates are tiered based on the deal value.
- Rate for Revolut Standard account offers 1 free order then charges 0.25% of trade value. FX fee for Standard is 1%.
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.
| Calculation Example - US Stock trade at IBKR UK | ||
|---|---|---|
| 100 shares, 5,000 GBP | ||
| GBP/USD rate = 1.3490 | ||
| Stock Commission Calc | 100 | shares |
| US Stock Commission Rate in USD | $ 0.0035 | per share |
| Stock Commissions in USD | $ 0.35 | |
| Stock Commissions in GBP | £ 0.259 | |
| FX Conversion Calc | £ 5,000.00 | |
| Auto-FX conversion rate | 0.03% | |
| FX conversion fee | £ 1.50 | |
| Clearing Fee | £ 0.015 | |
| Total trade cost in GBP | £ 1.774 | |
US Stock Trading Costs for European Residents
The comparison to other providers is based on the rates published on their websites as of August 3, 2026 for deals in US stocks. Providers' account types used for this illustration are what we consider default standard tier.1
See Notes and Disclaimers for complete information.
| Total Trade Cost2 | Advertised Rates3 | |||
|---|---|---|---|---|
| Broker | 100 shares €5,000 |
200 shares €10,000 |
US Stock Commission |
EXTRA FX FEE |
| Interactive Brokers | €1.82 | €3.64 | USD 0.00354 | 0.03%4 |
| Trade Republic | €7.06 | €13.12 | €1.005 | 0.12%5 |
| Saxo | €14.00 | €28.00 | 0.03%6 | 0.25%6 |
| Degiro | €14.50 | €27.00 | €1.007 | 0.25%7 |
| Boursorama | €19.45 | €37.00 | €6.958 | 0.25%8 |
| Flatex | €25.90 | €45.90 | €5.909 | 0.40%9 |
| Fineco | €26.00 | €52.00 | 0.19% trade value10 | 0.00%10 |
| Renta4 | €30.00 | €45.00 | €15.0011 | 0.30%11 |
| eToro | €38.37 | €75.87 | $1.0012 | 0.75%12 |
| ING Diba | €44.80 | €69.80 | €4.90 + 0.25%13 | 0.25%13 |
| Swissquote | €59.95 | €104.95 | 0.10% trade value14 | 0.90%14 |
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of August 3, 2026. Some providers offer multi currency accounts which were not considered in the comparison. We assumed account base currency is EUR and that a FX conversion to USD is required. 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.
- 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.
- For comparison purposes, we have converted "Advertised Rates" to EUR. The USD/EUR FX rate we used in the comparison table is 0.85041.
- IBKR, tiered stock commissions of $0.0035 per share + exchange, regulatory and clearing fees. Assumed auto currency conversion charge of 0.03%. Full rate card is available by visiting ibkr.co.ie/commissions.
- Trade Republic has a €1 external settlement cost per trade. FX conversion fee is based on spread of 0.0014 for USD.
- Saxo's VIP account type used. Minimum US stock commission is $1.00 per order for all account tiers.
- Degiro fees 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. Does not include €2.50 Connectivity Fee.
- Boursorama commision is €6.95 until trade value €6'000 then 0.12% applies.
- Flatex €5.90 commission for USA/Canadian orders. 0.40% on the exchange rate for buying and selling USD stock. 0.00218% charge on sell of US shares.
- Fineco variable commissions schedule used. Spread fee of 0.33% applied for conversion from EUR to USD.
- Renta4 commission is €6.95 until trade value €6'000 then 0.12% applies. Does not include account maintenance fee of €3.00.
- eToro charges $1-$2 commsions depending on exchange. FX conversion fee is 0.75% for general accounts that do not have the club discount.
- ING Diba's commission is a basic fee of €4.90 + 0.25%.FX conversion fee is 0.25%. ING Diba charges a €14.90 fee for trades on foreign trading venues (exchanges).
- Swissquote rates are 0.10% of trade value with a minimum of €14.95 per order. Auto Currency conversion fee between USD, CHF, and EUR is 0.90% of trade value.
| Calculation Example - US Stock trade at IBKR EU | ||
|---|---|---|
| 100 shares, 5,000 EUR | ||
| EUR/USD rate = 1.1548 | ||
| Stock Commission Calc | 100 | shares |
| US Stock Commission Rate in USD | $ 0.0035 | per share |
| Stock Commissions in USD | $ 0.35 | |
| Stock Commissions in EUR | € 0.29 | |
| FX Conversion Calc | € 5,000.00 | |
| Auto-FX conversion rate | 0.03% | |
| FX conversion fee | € 1.50 | |
| Clearing Fee | € 0.02 | |
| Total trade cost in EUR | € 1.81 | |