Guides · Getting started
How to choose a stock broker
In short: What matters: the broker is regulated in your country, its fees per order, custody fees, the account types offered, the markets you can access and how easy it is to use. The "best" one depends on what you plan to buy.
Fees, line by line
Look at the cost of an order of the size you will really place ($100, $500), currency conversion fees for foreign stocks, and any inactivity or custody fees. A "free" broker can make money on currency conversion.
Safety
Check the broker's licence with your country's financial regulator, where your securities are held and the investor protection scheme. A regulated broker cannot use your assets as its own.
What you will buy
Tax-advantaged accounts differ by country and only some brokers offer them. For foreign stocks you need good currency rates. Crypto platforms are a different kind of company with different rules.
FAQ
Can I switch brokers?
Yes, accounts can usually be transferred, sometimes with transfer fees. Check before you move.