Trading 212

Pros:

✔️ Free to use - no fees for buying or selling ETFs.

✔️ Share lending allows you to earn a small extra return on investments.

✔️ Established for over 20 years and profitable.

✔️ Self-balancing pies and automated savings features.

✔️ Competitive interest on uninvested cash.

✔️ Debit card with 0.5% cashback.

✔️ Competitive interest paid daily for uninvested cash.

Cons:

❌ Not fully independent - uses Interactive Brokers as a backend.

❌ Not a publicly traded company.

❌ EU users (except Germans) are regulated by the Cypriot Authority.

Trade Republic

Pros:

✔️ Simple and beginner-friendly interface.

✔️ Free monthly savings plans; otherwise, a flat 1 € fee per order.

✔️ 1% saveback on debit card purchases (max 15 €/month), requiring a 50 € /month savings plan.

✔️ Has WEBN in selection.

✔️ Europe’s largest broker. “Over 8 million users and 100 billion euros of assets across 17 European countries.”