Popular, low-cost brokers that dividend investors use: the markets they reach, their main fees, and whether they offer accounts for children.
Edmund is not a broker and earns nothing from these companies. We collected these facts on 2026-10-19. Some brokers block automatic checks, so part of the figures come from reviews; those brokers are marked ⚠. Fees change often and differ by country: always check the broker's own price page, and check that it is regulated where you live.
US share tradeFixed: $0.005/share, min $1, max 1% of trade value. Tiered: $0.0035-$0.0005/share plus exchange fees
EU/UK share tradeXetra fixed: 0.1%, min €4, max €99 (third-party table shows a different figure; check). LSE: not verified (one review says £3)
Asia share tradeHong Kong fixed: 0.08%, min HKD 18 plus stamp duty/levies; Japan fixed: 0.08%, min JPY ~450 (snippet truncated)
Currency exchangeManual spot FX ~0.002% of value, min $2; automatic conversion ~0.03% (third-party figures)
Account / custody feeNo inactivity fee, no custody fee; first withdrawal each month free
Open toMost countries worldwide via regional entities (exact eligible-country list not verified)
Watch out: Complex platform and fee schedule; minimums and exchange fees vary by market
Regulated by SEC/FINRA (US); local entities in UK (FCA), Ireland/EU (CBI), HK (SFC), Singapore (MAS), Australia (ASIC) and others. Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss); plus excess Lloyd's cover up to $30m per customer ($900k cash), $150m aggregate (US entity, per IBKR disclosures). Non-US entities use local schemes.. Sources: interactivebrokers.com, interactivebrokers.com, interactivebrokers.ie, ibkrguides.com (seen 2026-10-19).
US or Singapore residents who want $0 US share trades with access to IBKR's global markets
USUKEuropeCanadaHong KongJapanSingaporeAustralia👧 Kids: UGMA/UTMA available at IBKR for US residents (Lite eligibility for c…
US share trade$0 for US exchange-listed stocks and ETFs (OTC/pink sheets at standard rates; small regulatory fees on sells)
EU/UK share tradeStandard IBKR rates (see IBKR Pro)
Asia share tradeStandard IBKR rates (see IBKR Pro)
Currency exchangeSee IBKR Pro
Account / custody feeNo inactivity fee
Open toUS and Singapore residents only (per IBKR Lite pages; some reviews still say US-only)
Watch out: Orders routed to market makers rather than IBKR SmartRouting; limited to US/SG residents
Regulated by SEC/FINRA (US); MAS (Singapore). Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss) (US entity). Sources: interactivebrokers.com, interactivebrokers.com.sg, interactivebrokers.com (seen 2026-10-19).
Investors in Europe or Asia-Pacific who want a bank-regulated broker with many exchanges
USUKEuropeHong KongSingaporeAustralia👧 Kids: Children's account (minor account) offered in the Netherlands; paren…
US share tradeClassic: ~0.08%, min $1 (third-party / Saxo CH snippet)
EU/UK share tradeClassic EU ~0.08%; UK 0.08% with min £3 (sources conflict on UK minimum)
Asia share tradeHK min HKD 15 (rate not verified); Japan not verified
Currency exchange0.25% for Saxo Bank A/S clients; 0.60% for UK Classic (third-party)
Account / custody feeOfficial page: Classic custody 0.15% p.a. on stocks/ETFs, varies by country; some countries reportedly 0% and some waive with securities lending
Open toMost of Europe, UK, Switzerland, Singapore, Australia, HK and others via local entities (full list not verified)
Watch out: Custody and FX charges vary by country and can be higher than neobrokers; Jan 2026 AML fine from Danish FSA
Regulated by Danish FSA (home); FCA (UK), MAS (Singapore), ASIC (Australia), FINMA (Switzerland) via local entities. Protection: Depends on entity: Danish Guarantee Fund for Saxo Bank A/S (limit not verified today); FSCS £85,000 for UK entity. Sources: home.saxo, home.saxo, home.saxo, home.saxo (seen 2026-10-19).
Commission-free investing in US/UK/EU shares with small amounts and automatic dividend reinvestment in Pies
USUKEurope
US share trade£0/€0 commission
EU/UK share trade£0/€0 commission (UK stamp duty 0.5% still applies on UK shares)
Asia share tradenot verified
Currency exchange0.15% per conversion (third-party; applies on buy and on sell)
Account / custody feeNo custody, platform, inactivity or withdrawal fee (third-party); card deposits 0.7% above an allowance
Open toUK, most of EU/EEA and some other countries (full list not verified)
Watch out: No Junior ISA; limited to US/European markets; official fee page blocked our checker
Regulated by FCA (Trading 212 UK Ltd, FRN 609146); CySEC (Trading 212 Markets Ltd, 398/21); BaFin (FXFlat Bank GmbH); also ASIC/FSC Bulgaria reported. Protection: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged) (UK entity); EU investor compensation: minimum €20,000 per investor under Directive 97/9/EC (national schemes may differ) (EU entities). Sources: trading212.com, helpcentre.trading212.com, community.trading212.com, quantroutine.com (seen 2026-10-19).
EU investors who want free monthly savings plans in shares and ETFs, including for children
USEurope👧 Kids: Kinderdepot (children's account); same fees as adult account; both l…
US share trade€1 per order (Best Price) or €2 with Direct Price; spreads apply
EU/UK share trade€1 per order (Best Price) or €2 with Direct Price
Asia share tradenot verified
Currency exchangeNot charged separately: trades settle in EUR on German venues; spread applies (not verified as %)
Account / custody feeNo custody, account or inactivity fee (exceptions reported for Xetra-Gold, ADRs/GDRs)
Open toGermany and many other EU/EEA countries (full list not verified)
Watch out: Mainly trades through one venue; limited direct non-EU exchange access
Regulated by BaFin and Deutsche Bundesbank (licensed bank); ECB oversight not verified. Protection: German deposit guarantee for cash (limit not verified today); securities held in segregated custody. EdW (90% up to €20,000) applies to securities-firm claims. Sources: traderepublic.com, brokerchooser.com, capitalo.de, quantroutine.com (seen 2026-10-19).
European and UK investors who want low capped fees on US shares
USUKEurope
US share trade0.1%, max $1, min $0.10 per order (official pricing page)
EU/UK share trade€1 per order for EUR-traded stocks; 0.1% for other European stocks; £1 per order UK
Asia share tradenot verified
Currency exchange0.35% at interbank rate (official)
Account / custody feeNo custody fee on ETFs (official); general custody fee not stated
Open toUK and about 22-25 European countries; not US residents
Watch out: Fewer markets than global brokers; no children's account found
Regulated by Estonian Financial Supervision Authority (Lightyear Europe AS); FCA (Lightyear UK Ltd). Protection: EU clients: Estonian Investor Protection Sectoral Fund up to €20,000 (official help page); UK clients: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged); US shares held via Alpaca (SIPC). Sources: lightyear.com, lightyear.com, brokerchooser.com (seen 2026-10-19).
Existing Revolut users making a few trades a month
USEurope
US share tradeFree monthly allowance by plan (Standard 1, Plus 3, Premium 5, Metal/Ultra 10), then greater of 0.25% or €1/£1 (0.12% on Ultra)
EU/UK share tradeSame structure
Asia share tradenot verified
Currency exchangePlan-dependent: Standard limited free allowance then ~0.5%; weekend markup up to 1%
Account / custody feeNo custody fee since Feb 2024 (Revolut help centre); no inactivity fee
Open toUK, EEA and other Revolut markets (varies)
Watch out: Commission after small free allowance; FX costs depend on plan and day
Regulated by FCA (UK); Bank of Lithuania (EU, Revolut Securities Europe UAB) – EU entity not re-verified today. Protection: UK: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged); EU: EU investor compensation: minimum €20,000 per investor under Directive 97/9/EC (national schemes may differ). Sources: help.revolut.com, investingintheweb.com (seen 2026-10-19).
Investors who want a simple app with social/copy features and USD accounts
USUKEuropeHong KongJapanAustralia
US share tradeAbout $1 per trade for EU residents; UK residents $0 (sources conflict on US)
EU/UK share trade$1 EU residents / $0 UK residents (UK stamp duty applies)
Asia share trade$2 on AU, HK, Tokyo (EU residents)
Currency exchangeUp to 150 pips on non-USD deposits/withdrawals; 0.75% between local-currency and USD accounts
Account / custody feeInactivity fee removed 28 May 2026 (third-party); $5 withdrawal fee on USD accounts
Open to140+ countries reported, varies by entity
Watch out: Currency conversion costs on non-USD funding; no DRIP
Regulated by CySEC (EU), FCA (UK), ASIC (Australia), FSRA (Abu Dhabi), FINRA/SEC (eToro USA Securities). Protection: EU: Cyprus ICF up to €20,000; UK: FSCS £85,000; US: SIPC; extra Lloyd's cover for top Club tiers (EU/AU). Sources: brokerchooser.com, investingintheweb.com, brokerage-review.com (seen 2026-10-19).
UK investors in UK shares who want a free ISA/SIPP/Junior ISA
USUKEurope👧 Kids: Junior ISA (reported £0 on Basic plan)
US share trade£0 commission; FX fee applies
EU/UK share trade£0 commission
Asia share tradenot verified
Currency exchangeBasic 0.99%; Standard 0.59%; Plus 0.39%
Account / custody feeBasic £0; Standard ~£5.99/month (£4.99 annual); Plus ~£11.99/month (£9.99 annual)
Open toUK (EU availability not verified)
Watch out: High FX fee on Basic plan for US shares
Regulated by FCA. Protection: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged). Sources: smartinvestoruk.co.uk, gilt-edge.uk (seen 2026-10-19).
Currency exchangeTiered, about 0.99% on first £10,000 then lower (sources conflict; FX also now applies in Junior ISA)
Account / custody feeShares: 0.35% p.a., capped £150/year per account (ISA/SIPP and dealing account)
Open toUK residents
Watch out: Higher dealing and FX costs than app-based brokers
Regulated by FCA. Protection: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged). Sources: hl.co.uk, hl.co.uk, hl.co.uk, ajbell.co.uk (seen 2026-10-19).
US share trade£5 online (£3.50 if 10+ deals prior month) plus FX
EU/UK share trade£5 online (£3.50 if 10+ deals); regular investing reported free from May 2026
Asia share tradenot verified
Currency exchange0.75% first £10,000, 0.50% next £10,000, 0.25% above (third-party); 0.50% on dividend conversion from 1 May 2026 (official PDF)
Account / custody feeShares: 0.25% p.a., max £3.50/month (£42/year) in ISA/dealing account
Open toUK residents
Watch out: Per-trade dealing fee and FX charges on overseas shares
Regulated by FCA. Protection: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged). Sources: ajbell.co.uk, ajbell.co.uk, ajbell.co.uk, brokerchooser.com (seen 2026-10-19).
UK investors who only want Vanguard index funds and ETFs
👧 Kids: Junior ISA (reportedly 0.15% without £4 minimum)
US share tradeNot available (no individual shares)
EU/UK share tradeNot available (Vanguard funds/ETFs only)
Asia share tradenot verified
Currency exchangenot verified
Account / custody fee0.15% p.a., capped at £375; £4/month minimum below £32,000 total holdings
Open toUK residents
Watch out: Cannot buy individual dividend stocks
Regulated by FCA. Protection: FSCS: up to £85,000 for investments (deposit limit rose to £120,000 on 1 Dec 2025; investment limit unchanged). Sources: bankeronwheels.com, gilt-edge.uk (seen 2026-10-19).
US investors who hold Vanguard funds and want free dividend reinvestment
US👧 Kids: UGMA/UTMA custodial account
US share trade$0 online stocks and ETFs; $25 broker-assisted
EU/UK share tradeNot available
Asia share tradeNot available
Currency exchangenot verified
Account / custody fee$25 annual account service fee, waived with e-delivery or $1m+ assets
Open toUS residents
Watch out: No direct foreign-exchange trading; fractional shares limited
Regulated by SEC/FINRA. Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss). Sources: investor.vanguard.com, brokerchooser.com, topratedfirms.com (seen 2026-10-19).
Open toUS residents; Schwab International for some non-US residents (not verified)
Watch out: Foreign shares are expensive or not online
Regulated by SEC/FINRA. Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss). Sources: schwab.com, schwab.com, schwab.com, schwab.com (seen 2026-10-19).
EU/UK share tradeLocal-currency flat fees, e.g. £9 UK, €19 most of Europe (third-party)
Asia share tradee.g. ¥3,000 Japan (third-party)
Currency exchangeTiered: 1.00% under $100k down to 0.20% over $1m (Fidelity help page; may be dated)
Account / custody feenot verified
Open toUS residents
Watch out: Foreign trades carry flat local fees and FX spread
Regulated by SEC/FINRA. Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss). Sources: fidelity.com, scs.fidelity.com, fidelity.com, brokerchooser.com (seen 2026-10-19).
Nordic residents who want tax-advantaged accounts (ISK/ASK) with Nordic and US shares
USEuropeCanada👧 Kids: Accounts for minors (e.g. Danish aktiesparekonto for minors); no tra…
US share tradeSources conflict (from SEK 9; $0 via Nordnet Markets on popular stocks reported)
EU/UK share trade0.079%-0.25%, min SEK 9-99 (third-party)
Asia share tradenot verified
Currency exchange~0.25%; 0.075% when using ISK currency accounts
Account / custody feenot verified
Open toSweden, Norway, Denmark, Finland
Watch out: Only for Nordic residents; fee tables vary by country
Regulated by Swedish FSA (Finansinspektionen). Protection: Swedish investor protection; limit not verified today. Sources: nordnetab.com, nordnetab.com, nordnet.dk (seen 2026-10-19).
Account / custody feeExchange connectivity fee €2.50 per exchange per year (capped at 0.25% of account value)
Open toMost EU countries and UK (via local entities)
Watch out: Connectivity and handling fees add up for small accounts
Regulated by BaFin (flatexDEGIRO Bank AG); DNB/AFM branch supervision (not re-verified). Protection: German EdW: 90% of claims up to €20,000. Sources: degiro.com, degiro.ie, brokerchooser.com (seen 2026-10-19).
Currency exchangeSG ~0.05-0.1%; AU ~0.55% (third-party)
Account / custody feenot verified
Open toUS, Singapore, Australia, Canada, Japan, Malaysia (country list not re-verified)
Watch out: Platform fees on non-US markets; fees differ by country
Regulated by SEC/FINRA (US); MAS (SG); ASIC (AU). Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss) (US entity); SG/AU limits not verified. Sources: moomoo.com, moomoo.com, brokerchooser.com (seen 2026-10-19).
Hong Kong residents trading HK and US shares in an app
USHong Kong
US share tradeUS$0.0049/share, min US$0.99 (third-party)
EU/UK share tradenot verified
Asia share tradeHK: commission 0.03% (min HK$3; waived in promo) + HK$15 platform fee per order, plus stamp duty/levies
Currency exchangenot verified
Account / custody feenot verified
Open toHong Kong (others not verified)
Watch out: Fixed HK$15 platform fee per order matters on small trades
Regulated by SFC (Hong Kong). Protection: HK Investor Compensation Fund (limit not verified today). Sources: futuhk.com, moneysmart.hk (seen 2026-10-19).
US share trade$0 commission (customer agreement rev. 1 Oct 2026)
EU/UK share tradenot verified
Asia share tradenot verified
Currency exchangenot verified
Account / custody feenot verified
Open toUS residents
Watch out: US shares only; fractional shares cannot be transferred out
Regulated by SEC/FINRA. Protection: SIPC: up to $500,000 per customer incl. $250,000 cash (protects against broker failure, not market loss). Sources: cdn.robinhood.com (seen 2026-10-19).
Australian investors buying both ASX and US shares at a flat fee
USAustralia
US share tradeUS$3 up to US$30,000, then 0.01%
EU/UK share tradenot verified
Asia share tradenot verified
Currency exchange~0.55% (sources conflict; some say ~0.7%)
Account / custody feeNo custody/inactivity fee on basic plan
Open toAustralia (also NZ/UK/BR apps; not re-verified)
Watch out: FX fee on each conversion; few markets
Regulated by ASIC. Protection: CHESS-sponsored ASX holdings; US limits not verified. Sources: hellostake.com, finder.com.au (seen 2026-10-19).
Protection schemes (for example SIPC, FSCS or EU investor compensation) cover a broker's failure, not falling share prices. "Not verified" means we could not confirm the fact on the day we checked.
Edmund