European Alternatives to Robinhood

European alternatives to Robinhood for buying stocks and ETFs from an app include Scalable Capital and Trade Republic (Germany), DEGIRO (Germany, with its roots in the Netherlands), XTB (Poland), Nordnet and Avanza (Sweden) and Saxo (Denmark), all brokers headquartered in Europe. Robinhood is a US company, founded in 2013, that became known for commission-free trading in a mobile app. People who want a broker from a European company, with a European licence and supervision, can compare these providers on this page.

What Robinhood offers

Robinhood was founded in 2013 by Vladimir Tenev and Baiju Bhatt and is headquartered in Menlo Park, California. It has been listed on the Nasdaq since July 2021. Its platform covers stocks, ETFs, options, futures, crypto and a paid membership called Robinhood Gold, plus credit cards and banking services. Outside the United States it is available in the United Kingdom, and in the EU it offers crypto and tokenised stocks and ETFs. In June 2025 Robinhood bought the crypto exchange Bitstamp.

European online brokers in the directory

• Scalable Capital (Germany): bank with ECB licence, Scalable Broker and automated Scalable Wealth, investing from 1 euro.
• Trade Republic (Germany): full bank, stocks, ETFs, bonds, savings plans and a crypto wallet.
• DEGIRO (Germany): stocks, ETFs, bonds, options and futures on many exchanges.
• XTB (Poland): real stocks and ETFs, plus CFDs and the xStation platform.
• Nordnet (Sweden): pan-Nordic broker for Sweden, Denmark, Finland and Norway.
• Avanza (Sweden): the largest Swedish stockbroker for private investors.
• Saxo (Denmark): more than 71,000 instruments, owned by the Swiss J. Safra Sarasin Group since 2026.

Costs, products and available countries differ between them. The category page Online Brokers lists all of them.

What to compare before switching

• Country of residence: Several brokers serve only certain countries, especially Nordnet and Avanza.
• Costs: Compare order fees, spreads, currency conversion and custody fees for how you trade.
• Products: Options, futures and CFDs are offered by only some of the brokers and are risky.
• Taxes: Check whether the broker handles tax reporting for your country.
• Moving the depot: Many European brokers accept depot transfers from other brokers, but the process and the costs differ.

What to keep in mind

European brokers are supervised under EU rules, which limits some products, for example in leveraged trading, compared with the United States. The brokers cover options, futures and crypto under different licences, and the offer depends on the country. This page is not investment advice, and investing always carries the risk of losing money.

FAQ

Is there a European alternative to Robinhood?

Yes. Scalable Capital, Trade Republic, DEGIRO, XTB, Nordnet, Avanza and Saxo are brokers from companies with their headquarters in Europe.

Can I use Robinhood in Europe?

Robinhood operates in the UK and offers crypto and tokenised stocks and ETFs in the EU. Its full US offer is not available to European residents.

Which broker is best for ETF savings plans?

Scalable Capital and Trade Republic are built for ETF savings plans from small amounts. The best choice depends on the country, the fees and the products you need.