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If you want to learn more, check our Nextmarkets Review.ĬFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You are protected up to a maximum of €20,000 on your money and assets.
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Nextmarkets Trading Ltd, the legal name of Nextmarkets, is registered in Malta and, consequently, authorised and regulated by the Malta Financial Services Authority (MFSA). On the downside, the web platform is quite “buggy”, you have no educational materials, and there is a €1 commission for orders below €250.
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So, there are no fees on deposit, withdrawal, inactivity, currency conversion fees and even no overnight fees in CFDs (something not usual in most brokers). The fee structure is also unique: you only pay spreads. Nextmarkets wants to take the idea of social trading further by allowing you to benefit from the experience of proven experts (called “coaches”) and stock market professionals. You have probably heard about social trading, where you follow other peoples’ trades. In addition to the “Do-it-yourself” segment, Nextmarkets sets itself apart from its competitors because it offers “curated investing”. You can invest in financial products such as shares, ETFs and CFDs on shares, ETFs, indices, forex, bonds, cryptocurrencies, and commodities. It has a very intuitive and hassle-free mobile app.
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It is important to understand how CFDs work and the risks involved in trading, like losing all the invested capital.įounded in 2014, Nextmarkets is an online broker well-tailored for those with a basic understanding of the financial markets. 79% of retail investors accounts lose money when trading CFDs with this broker. Opening an account and transferring money is a quick and hassle-free process (demo account available).ĬFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Besides, you will face an inactivity fee of 10€/month after one year of non-trading and if you have not made any deposit in the last 90 days. XTB charges high commissions on CFDs of cryptocurrencies but low costs for Forex. XTB also offers other financial products such as commodities and cryptocurrencies.
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However, its software is more oriented to CFDs and forex trading with competitive costs compared to its competitors. The platform offers 0% commissions on stocks. Over 1.5 million customers.įounded in 2002, XTB presents itself as a market player with extensive worldwide experience, regulated by the Financial Conduct Authority (FCA) and listed on the Warsaw Stock Exchange.
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New users will receive one free share worth up to €200. Very transparent and regulated by top-tier AFM. BUX Zero: a recent broker that offers commission-free stocks and ETFs trading in Germany.It is trusted by over 20 million clients worldwide. Slick, modern, and easy for anyone to use. You can also copy other traders/investors. eToro: commission-free stock and ETF trading.Besides, you have access to “curated investing” (similar to social trading).ĥ6.65% of retail CFD accounts lose money. Nextmarkets: A commission-free trading platform with no foreign exchange fees.It also allows you to invest in CFDs, cryptocurrencies, and forex with low fees. XTB: free stock trading up to 100.000€ monthly volumes in Germany.