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Bonuses, cashback offers and fee discounts. Terms change constantly — check every promotion with the provider before relying on it.

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Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

14Recorded promotions
14Brokers running one
5Promotion types

All deals

Every promotion with its terms, validity and availability — next to the review that spells out the running costs.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Re-check pending: Our last check with the provider is more than 30 days old; the terms may have changed since.

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14 results

By type
By country of residence

Shows promotions from brokers that accept clients from that country and whose recorded terms do not exclude it. Where the recorded terms name no scope, the card says so — check the broker's promotion page.

Interactive Brokers logo
Interactive Brokers

The cheapest serious route to almost every market on earth — if you can live with the learning curve.

4.5
Referral

Up to USD 1,000 in stock

Referral programme with share credit

A referred client receives USD 1 of Interactive Brokers Group Class A stock for every USD 300 of net deposits in the first year after their first deposit, capped at USD 1,000 and available once per person. There is no trading requirement on them — deposits alone drive the award. The shares cannot be sold or transferred for one year from the award date and are forfeited if the account closes before then.

  • No fixed end date
  • Scope not recorded

Terms: Residents of mainland China, Spain, Portugal, Japan, Denmark, Israel and Poland are not eligible. Clients opening accounts with Interactive Brokers Canada Inc. or Interactive Brokers (India) Private Limited receive no shares. Per IBKR's programme page the referrer must hold an account with at least USD 2,000 net liquidation value and have placed at least one securities trade; they receive a flat USD 200 per referral, capped at 15 people per calendar year and 30 in total, and only if the referred client deposits USD 10,000 within 30 days and maintains it for a year. Sources: programme terms 4841 of 2 July 2026 and IBKR's programme page. Checked with the provider on 1 September 2026, interactivebrokers.com

Note: this button leads to the Interactive Brokers home page and is not a referral link. The share credit is only available if you open the account through an invitation from an existing Interactive Brokers client.

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

IG logo
IG

The most complete leveraged-trading operation in Europe — and it prices like it knows that.

4.5
Cashback

Volume rebate

CFD volume rebate at the Bermuda entity

The rebate scheme runs at IG International Limited, the Bermuda-supervised entity, and applies to spread and commission on CFD trading above defined monthly volumes. It does not exist for UK share dealing — commission there is already zero, so there would be nothing to rebate.

  • No fixed end date
  • Scope not recorded

Terms: Thresholds and rebate levels differ by product, region and entity. Checked with the provider on 1 September 2026, a.c-dn.net

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Saxo logo
Saxo

A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.

4.4
Spread discount

Tiered

Improved pricing at higher account tiers

Saxo tiers commissions and spreads by account level. Reaching the next tier cuts ongoing costs materially — for active traders usually more than any welcome bonus is worth.

  • No fixed end date
  • Scope not recorded

Terms: Thresholds and tier terms vary by region and entity. The pricing schedule of the Saxo entity that serves you is authoritative. Checked with the provider on 1 September 2026, home.saxo

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Straight talk

A promotion is never a reason to pick a broker.

A bonus is credited once. An FX markup, an inactivity fee or an unnecessarily wide spread are paid on every order, every year, for as long as you stay. Decide on running costs. And if the broker that fits you anyway happens to run a promotion — all the better.

  • One-off versus forever

    A bonus lands exactly once. One percentage point of conversion markup lands on every foreign-currency order, year after year.

  • The conditions live in the small print

    Minimum deposit, holding period, minimum volume, country of residence: almost no promotion is condition-free. We show the terms — reading them is on you.

  • Promotions expire, fee schedules do not

    The bonus may be gone in three months. The fee structure you signed up for stays with you for years.

Pepperstone

Raw spreads and five platforms for traders who care about execution cost, not about owning the asset.

4.4
Spread discount

From 0.0 pips

Raw spreads from 0.0 pips with commission

The Razor account passes through the raw market spread from 0.0 pips and charges a commission per lot per side instead: USD 3.50 on a USD account, EUR 2.60 on a EUR account — so USD 7.00 and EUR 5.20 respectively for the round turn. For scalpers and high-volume traders the all-in cost usually beats a standard account with a marked-up spread.

  • No fixed end date
  • Scope not recorded

Terms: The commission is charged per side, so a round turn costs twice the quoted figure. Spreads are variable and widen around news events. Figures are for Pepperstone EU Limited, the entity this record documents. Checked with the provider on 1 September 2026, eu-assets.contentstack.com

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

XTB logo
XTB

One of the strongest trading platforms in the commission-free bracket - xStation 5 is a professional workspace attached to a zero-commission share account.

4.3
Fee waiver

0%

0% commission on stocks and ETFs up to the monthly volume cap

XTB settles stock and ETF orders commission-free up to a monthly turnover threshold. Above it a percentage fee applies. The FX conversion markup applies regardless and is the real cost driver on foreign securities.

  • No fixed end date
  • Scope not recorded

Terms: Confirmed on 1 September 2026: 0% up to EUR 100,000 of monthly turnover, then 0.2% on the excess with a EUR 10 minimum at the EU entity XTB S.A. (XTB's UK page states GBP 10). The 0.5% conversion fee applies regardless of the cap. Checked with the provider on 1 September 2026, xtb.com

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

tastytrade logo
tastytrade

An options-specialist US broker: USD 1 per contract to open, closing commission-free — built by people who trade premium for a living.

4.2
Fee waiver

USD 0 to close

No commission to close options positions

tastytrade charges the per-contract fee only when opening an equity or index options position; closing is commission-free. Options on futures are charged on both sides. For actively managed strategies that roll often, this halves the commission load versus brokers charging both sides.

  • No fixed end date
  • Scope not recorded

Terms: Regulatory and exchange fees still apply. tastytrade's current fee schedule is authoritative. Checked with the provider on 1 September 2026, assets.contentstack.io

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Trading 212 logo
Trading 212

One of the cheapest mainstream ways to buy stocks and ETFs in Europe - 0% commission, 0.15% FX, and almost nothing else to pay.

4.1
Free shares

EUR 8–100 reward

Reward via promo link or promo code

Open an eligible account through a promo link, or enter a promo code within ten days, and deposit the required minimum, and you receive a reward — either a fractional share or a cash amount. The value runs from EUR/GBP 8 to 100 on a weighted draw: per Trading 212's own FAQ about 80% land between 8 and 25. A plain sign-up with no link or code earns nothing.

  • No fixed end date
  • Scope not recorded

Terms: The reward cannot be withdrawn for 30 days. CFD and Cash ISA accounts are excluded, as are existing and former Trading 212 Group customers, and Australia is not an eligible country. The required minimum deposit is set per promotion and shown only on the promo landing page, which is unreachable without a live code — so no figure is stated here. Checked with the provider on 1 September 2026, trading212.com

Note: this button leads to the Trading 212 home page and is not a promo link. The reward is only available through a promo link, or a promo code you enter no later than ten days after opening the account.

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

eToro logo
eToro

One of the most complete copy-trading products in Europe, wrapped in a notably simple broker app - and paid for through conversion charges rather than commissions.

4.0
Fee waiver

USD 100,000 virtual

Demo account with USD 100,000 in virtual funds

eToro provides an open-ended demo account with virtual funds running on the same platform and quotes as the live account. It is the risk-free way to test the copy trading offering.

  • No fixed end date
  • Scope not recorded

Terms: Demo accounts model slippage and execution delay only partially. Results do not transfer to live trading. Checked with the provider on 1 September 2026, etoro.com

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

DEGIRO logo
DEGIRO

A low-cost route to owning shares outright in Europe - provided you never need anyone to hold your hand.

4.0
Fee waiver

EUR 0 commission + EUR 1 handling

Core ETF selection without commission

The core selection now covers every ETF, ETC and ETN listed on Tradegate, with no commission and none of the former conditions — DEGIRO has abolished the fair-use policy, the minimum order size and the same-direction rule. What remains is the EUR 1.00 processing fee per order: not an exchange fee but DEGIRO's own charge for clearing, settlement and regulatory costs. It applies to essentially every order, and failing to make that clear is what BaFin fined the bank for in 2025.

  • No fixed end date
  • Scope not recorded

Terms: The composition of the core selection and the EUR 1.00 processing fee per order are governed by DEGIRO's fee schedule. The commission waiver applies to executions on Tradegate. Checked with the provider on 1 September 2026, degiro.de

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Swissquote logo
Swissquote

The Swiss bank that happens to be a broker — expensive per trade, hard to beat on structure.

4.0
Fee waiver

CHF 200 credit

One-off CHF 200 trading credit for new clients

New clients who open with promo code MKT_STUDENTS receive a one-off CHF 200 trading credit, valid three months from account opening and usable only for online orders. Despite the code name, the terms set neither an age limit nor a proof-of-student requirement. It is a welcome credit, not a standing discount — the ongoing Swiss pricing is unchanged.

  • No fixed end date
  • Only in 🇨🇭 Switzerland

Terms: Crypto and forex trading are excluded from the credit, and unused credit expires after three months. Swissquote's terms name an application deadline of 8 October 2035 — a placeholder rather than a meaningful campaign end. Checked with the provider on 1 September 2026, library.swissquote.com

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Scalable Capital logo
Scalable Capital

Germany's most complete savings-plan platform, now running on its own banking licence - and quietly repricing itself.

3.9
Fee waiver

Flat-rate plan

No order fee on EIX from EUR 250

Alongside its free broker model, Scalable Capital offers a subscription in which orders of EUR 250 or more carry no commission. Since the repricing of 1 September 2026 that applies on EIX only: gettex and Xetra cost up to EUR 1.99 on every plan. Against EUR 0.99 per EIX order the cheaper PRIME tier pays for itself from roughly three orders a month.

  • No fixed end date
  • Scope not recorded

Terms: The commission-free benefit applies on both subscription tiers: PRIME at EUR 2.99 a month buys the same thing on EIX as PRIME+ at EUR 4.99. Third-party costs are unaffected. Scalable's own PRIME+ marketing page contradicts its own price list and is not a usable source. Checked with the provider on 1 September 2026, de.scalable.capital

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Freedom24 logo
Freedom24

Institutional-shaped market access — 15 exchanges, US options, 145,000 bonds — sold at per-share pricing under a Cypriot licence.

3.9
Cashback

Interest on the D-Account

Interest on a separate Saving D-Account

The interest is not paid on idle cash in the trading account. To earn it you open a separate Saving D-Account and transfer money into it, and trading is prohibited on that account. Per Freedom24's own terms the return tracks daily SOFR on USD and one-week Euribor on EUR, adjustable at Freedom24's sole discretion.

  • No fixed end date
  • Scope not recorded

Terms: The current rate could not be retrieved from Freedom24's own pages, which sit behind bot protection, and is deliberately not stated here. Interest income is taxable. Checked with the provider on 1 September 2026, freedom24.com

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Trade Republic logo
Trade Republic

A thoughtfully built investing app, wrapped around a real bank - with support reached through the app and a service record that public reviews criticise.

3.8
Fee waiver

EUR 0 per execution

Stock and ETF savings plans without execution fee

Trade Republic executes savings plans without a separate commission. By default Trade Republic executes at the best price against itself; choosing the direct exchange price instead costs EUR 2.00. Either way the spread is the real cost factor — particularly outside core market hours.

  • No fixed end date
  • Scope not recorded

Terms: The EUR 1.00 settlement cost flat fee that applies to single transactions is explicitly waived on savings plan executions, so an execution genuinely costs nothing. Eligible securities and minimum instalments are in the product overview. Checked with the provider on 1 September 2026, traderepublic.com

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Lightyear logo
Lightyear

The cleanest low-cost investing app in Europe — zero-commission ETFs and a USD 1 cap on US trades, with a deliberately short product list.

3.8
Fee waiver

0.35% conversion

Currency conversion at 0.35% with no hidden markup

Lightyear converts at the interbank rate plus a flat markup: 0.35% at the EU entity, 0.1% at the UK one. There is no free allowance. For European investors with a US focus this is still the comparison that matters — many competitors charge twice as much or more.

  • No fixed end date
  • Scope not recorded

Terms: The rate depends on the entity that holds your account: 0.35% at Lightyear Europe AS, 0.1% at the UK entity. The pricing page of the entity that serves you is authoritative. Checked with the provider on 1 September 2026, lightyear.com

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Direct link to provider · Terms and availability apply strictly as stated on the broker's own promotion page.

Do the maths

A EUR 50 bonus does not beat one percentage point of FX markup.

The most expensive line in a portfolio is rarely the order commission — it is the markup applied every time money is converted. The calculation below uses the cheapest and the most expensive conversion markup in our own dataset. No invented numbers.

A EUR 50 bonus does not beat one percentage point of FX markup.
Line itemOne-offPer yearOver 5 years
Welcome bonus+ €50—+ €50
Cheapest conversion in the dataset0 %—− €0− €0
Most expensive conversion in the dataset1.5 %—− €300− €1,500
Difference after 5 years€1,500

That is 30× the bonus.

Assumption: €20,000 of foreign-currency order volume per year, a one-off bonus of €50. An illustration built on our database — not an offer and not investment advice. Basis: 42 brokers that publish a conversion markup.

Content on Brokaro is for information purposes only and is not investment, legal or tax advice. All information is provided without guarantee; only the provider's own statements are authoritative.