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Calculators
What does a year of trading really cost at each broker?
Every field is an annual figure. Results update as you type — there is nothing to submit.
Buys and sells combined.
Typical size of a single order.
Share of orders the broker has to convert for.
The base for percentage custody fees.
Adds the inactivity fee where the broker charges one.
Assumptions
Cheapest broker
€27
Trading 212 — Estimated total cost per year for this profile.
Median across brokers
€157
Midpoint of the ranking across 31 comparable brokers.
Saving against the median
€130
No interest on the money saved — the plain sum of the annual difference.
| # | Broker | Commission | FX conversion | Custody | Inactivity | Annual cost | Visit broker |
|---|---|---|---|---|---|---|---|
| 1 |  Trading 2124.1 / 5 | €0 | €27 | €0 | €0 | €27 | |
| 2 |  Interactive Brokers4.5 / 5 | €30 | €0.36 | €0 | €0 | €30 | |
| 3 |  Nordnet4.2 / 5 | €2.11 | €45 | €0 | €0 | €47 | |
| 4 |  Public.com3.9 / 5 | €0 | €54 | €0 | €0 | €54 | |
| 5 |  Freedom243.9 / 5 | €60 | €0 | €0 | €0 | €60 | |
| 6 |  Admirals (Admiral Markets)4.1 / 5 | €22 | €54 | €0 | €0 | €76 | |
| 7 |  Lightyear3.8 / 5 | €24 | €63 | €0 | €0 | €87 | |
| 8 |  XTB4.3 / 5 | €0 | €90 | €0 | €0 | €90 | |
| 9 |  Coinbase3.7 / 5 | €0 | €90 | €0 | €0 | €90 | |
| 10 | Estably3.9 / 5 | €94 | €0.72 | €0 | €0 | €94 | |
| 11 | justTRADE3.3 / 5 | €24 | €72 | €0 | €0 | €96 | |
| 12 |  CapTrader4.2 / 5 | €96 | €0.54 | €0 | €0 | €97 |
41 brokers are missing from the ranking. At least one of the three figures this calculation needs is not recorded for them: a comparable stock commission, the currency conversion markup, or the custody fee. Leaving them out beats assuming a zero, which would make them look artificially cheap.
12 of them lack only the currency conversion markup, because they publish none — for example because they trade US shares in euro and the conversion sits inside the price. Set “Orders in a foreign currency” to 0% to include them; the ranking then covers orders with no foreign currency at all.
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Note: These calculators are for information only and are not investment advice. Content on Brokaro is for information purposes only and is not investment, legal or tax advice.
The ranking is built from four line items every broker has to disclose. Each is shown separately so you can see where the difference comes from — for frequent traders commission dominates, for buy-and-hold portfolios holding US shares it is almost always the FX markup.
Formula
Annual cost = commission × orders + order value × FX share × orders × conversion markup + portfolio value × custody rate + inactivity fee
Minimum and maximum charges are applied before multiplying by the number of orders — exactly how a broker bills it. This is the same logic the broker directory uses when you sort by cost. Brokers with no comparable published stock commission are left out of the ranking rather than estimated.
The result is an estimate built from publicly documented pricing schedules and your inputs. Schedules change; verify critical numbers with the broker before opening an account.