Almost nobody compares costs before opening an account, and it is one of the few things you can know for certain in advance. Here is what each one charges, with the date we checked it.
Last review: 2026-09-27. This page is reviewed every week. Each column shows when that figure was checked.
5 listing(s) have gone more than 30 days without being verified and are marked in red: Alpaca Crypto, Coinbase Advanced, Coinbase (simple app), Crypto.com App, Revolut (app). Their data is still shown, but do not take it as current.
What buying and selling really costs. Watch the currency conversion: it often weighs more than the commission.
| DEGIROverified · 4 days ago | Interactive Brokers (IBIE)verified · 4 days ago | Trade Republicverified · 25 days ago | Trading 212verified · 4 days ago | XTBverified · 4 days ago | |
|---|---|---|---|---|---|
| US stocks | 1 EUR commission + 1 EUR handling fee = 2 EUR per trade on NASDAQ, NYSE, NYSE Arca, Toronto Stock Exchange, Toronto Venture and Canadian Securities Exchange | Fixed 0.005 USD/share, min 1.00 USD | Tiered 0.0035 USD/share, min 0.35 USD | cap 1% of trade value | 0 EUR order commission. Separately, a settlement cost: 1 EUR per trade in Bestpreis mode and 2 EUR in Direktpreis mode | 0% | 0% up to 100,000 EUR/month in volume; above that 0.2%, min 10 EUR |
| Spanish stocks | 1 EUR commission + 1 EUR handling fee = 2 EUR per trade on the Madrid Stock Exchange. Maximum amount per order: 50,000 EUR | SmartRouting 0.05%, min 3 EUR | Direct 0.10%, min 4 EUR. In Spain the Tiered level does not exist (listed as N/A) | 0 EUR order commission + the same settlement cost of 1 or 2 EUR depending on the mode | 0% | 0% / 0.2% min 10 EUR (same threshold) |
| ETFs | Core Selection: 0 EUR + 1 EUR handling fee | Global ETFs: 2 EUR + 1 EUR | same table as stocks | 0 EUR order commission + settlement cost. Recurring investment plans: not confirmed | 0% | 0% / 0.2% min 10 EUR |
| Currency conversion | automatic (AutoFX, the default option): 0.25%. Manual: 10 EUR + 0.25% | TWO routes with very different costs. MANUAL conversion: 0.002% (0.20 basis points), min 2.00 USD per order in the first tier, falling to 1.50 / 1.25 / 1.00 USD depending on monthly volume. AUTOMATIC conversion: no separate commission, but IBKR adds or subtracts 0.03% on the exchange rate - fifteen times the manual route on large amounts | The amount is NOT CONFIRMED, but we now know HOW it is charged. New execution policy in Spanish, version 07/2026 (assets.traderepublic.com/assets/files/ES_ExecutionPolicy.pdf): Trade Republic may act as counterparty at a fixed price and 'currency conversion is taken into account as an essential component of price determination'. In other words, the conversion goes INSIDE the buy/sell price, not as a separate commission, which is why it appears in no fee schedule. The table in article 526 (USD margin 0.0014) is still limited to dividends and corporate actions. TRAP NOTED: article 1656, which says they charge no conversion fee, is about payments with the Visa card, not securities | 0.15% (0.5% on CFDs, not verified in this pass). It is the only commission it charges on Invest, ISA and SIPP. Avoidable with a multi-currency account (12 currencies). It does NOT apply to income from corporate events such as dividends; it DOES apply to buys and sells inside pies | 0.5%, but these are TWO different things with the same number, and it pays not to confuse them. (1) Manual transfer of funds between your own accounts in different currencies: 0.5%, rising to 0.8% on weekends and holidays. (2) A 0.50% mark-up applied AUTOMATICALLY to the exchange rate on every trade and corporate action on real stocks and ETFs when the instrument is quoted in a currency different from the account currency - this one cannot be avoided. And if XTB does not quote the direct pair, it converts via USD and charges 0.5% ON EACH OF THE TWO STEPS: double cost |
| Custody | 0 | 0 | 0 | 0 | XTB Spain: 0.02% a year on the excess above a daily average of 250,000 EUR, no minimum. XTB International (Belize), which is the entity for Latin America: 0.2% a year with a minimum of 10 EUR a month on that same excess |
| Inactivity | 0 | 0 (removed on 2021-07-01) | not confirmed | 0 | up to 10 EUR a month, and only if BOTH conditions are met at once: no positions opened or closed in the last 365 days, and no cash deposit in the last 90 days. With an open position in any account, it is not charged |
| Deposit / withdrawal | both free, minimum 0.01 EUR | 2 free withdrawals a month; the rest are charged, amount not confirmed. Bank transfer deposits free | ATM below 100 EUR: 1 EUR. Deposit by card or wallet: 1% | no fee of its own | not confirmed |
| API | Does NOT offer an API - it says so explicitly in its help centre | TWS API, Web API (REST + WebSocket) and FIX. Public, open documentation | no public API (not confirmed) | Public API still in beta ('currently in beta and is under active development', confirmed 23-09-2026), only Invest and Stocks ISA accounts. On live accounts it only accepts market orders | Does NOT offer an API. It was discontinued on 14 March 2025. It does not support Expert Advisors or copy trading either |
| Regulator | BaFin | Central Bank of Ireland | Bundesbank / BaFin | FCA (United Kingdom), BaFin (Germany), CySEC (Cyprus), ASIC (Australia) | EU: CNMV / KNF | Chile: XTB Agente de Valores SpA, CMF registration no. 216 | rest of the world: XTB International (IFSC Belize) |
| Deposit protection | 100,000 EUR in cash + 90% up to 20,000 EUR in assets | ICS 90%, maximum 20,000 EUR | 100,000 EUR in cash | amount not confirmed | amount not confirmed |
| Spain | yes | yes | yes | yes - under Trading 212 EU GmbH | yes |
| Latin America | no - its official list has 35 countries, none of them in Latin America, and it also requires your own bank account in the SEPA area | yes - Mexico, Argentina, Colombia, Chile and Peru all five appear on its official list of accepted countries. That list does not say which legal entity serves each one | no - only 18 countries of the European Economic Area. Permanent residence in one of them is required | partial - Mexico, Colombia and Peru yes, under the British entity Trading 212 UK Ltd (that list also includes Bolivia, Ecuador, El Salvador and Honduras). Argentina and Chile are not on any of its lists of accepted countries | yes, all five - Mexico, Argentina, Colombia, Chile and Peru are accepted in the official sign-up flow (checked 02-09-2026, with a negative control: the United States triggers 'Country not served'). Chile goes through a local entity, XTB Agente de Valores SpA, CMF registration no. 216; the other four through XTB International Limited (IFSC Belize), Latin America branch. NOTE: the Spanish fee schedule does NOT apply to them - a separate LATAM table applies, with the zero-commission threshold at 100,000 USD a month instead of 100,000 EUR. Brazil remains expressly excluded |
The table says what each one charges. This says what you would pay in a year. It is calculated in your browser: nothing is sent anywhere, and we do not ask for your email.
A «complete trade» means buying and selling: it counts two commissions and, if you change currency, two conversions. Exchange rate used: 1.16 USD per euro. 4 of 5 brokers have confirmed figures; the rest appear at the end saying which figure is missing — we prefer not to calculate rather than calculate wrong.
Here the cost is not just the commission: instant buy and the spread take what you do not see.
| Alpaca CryptoNOT VERIFIED · 33 days ago | Binanceverified · 5 days ago | Bit2Me PROverified · 5 days ago | Bitgetverified · 19 days ago | Bitpandaverified · 26 days ago | Bitsoverified · 26 days ago | Bitstampverified · 26 days ago | Buda.comverified · 26 days ago | Buenbitverified · 19 days ago | Bybit EUverified · 5 days ago | Bybit (global)verified · 19 days ago | Coinbase AdvancedNOT VERIFIED · 33 days ago | Coinbase (simple app)NOT VERIFIED · 33 days ago | Crypto.com AppNOT VERIFIED · 33 days ago | Crypto.com Exchangeverified · 26 days ago | eToroverified · 19 days ago | Gate.io (now Gate.com)verified · 19 days ago | Geminiverified · 19 days ago | Interactive Brokersverified · 19 days ago | Kraken Proverified · 5 days ago | KuCoinverified · 5 days ago | Lemon Cashverified · 26 days ago | MEXCverified · 19 days ago | OKX (EEA/Spain)verified · 5 days ago | OKX (global/Latam)verified · 26 days ago | Revolut (app)NOT VERIFIED · 33 days ago | Revolut Xverified · 5 days ago | Ripioverified · 5 days ago | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Maker % | 0.15 | 0.1 | 0.5 | 0.1 | no data | 0.6 | 0.0 | no data | no data | 0.1 | 0.1 | 0.4 | no data | 0.8 | 0.25 | no data | no data | 0.6 | no data | 0.4 | 0.1 | no data | 0.0 | 0.2 | 0.08 | 1.49 | 0.0 | no data |
| Taker % | 0.25 | 0.1 | 0.6 | 0.1 | no data | 0.78 | 0.0 | no data | no data | 0.25 | 0.1 | 0.6 | no data | 0.8 | 0.5 | no data | no data | 1.2 | 0.18 | 0.8 | 0.1 | no data | 0.05 | 0.35 | 0.1 | 1.49 | 0.09 | no data |
| Token discount | none | BNB -25% -> 0.075% | there is no token: the discount depends on the Space Center level, up to -50% on PRO and up to -100% on Wallet (level 7). The -25% for B2M stated in the listing has NOT been confirmed | BGB -20% -> 0.080% maker and taker on spot (confirmed 2026-08-11 in its official fee schedule) | VSN -20% when paying fees with VSN (the old BEST no longer) | none | none | none | none | Does NOT exist on the EU domain: neither the official fee guide (27-Jan-2026) nor the Help Center article (25-May-2026) mentions a token of its own. The -25% with BIT/MNT cited by comparison sites belongs to the GLOBAL platform | MNT -25% -> 0.075% | no data | no data | CRO: NOT on the official EEA fees page for the App (it is on Exchange pages, which are unreadable). Stays unconfirmed for the App | CRO -3% to -8% at realistic tiers (figure from 2026-07-27, NOT re-verified since). The official help centre confirms the MECHANISM in writing today - 'discounted fees, 0% maker fees, and maker fee rebates depending on the amount of CRO locked up on the Exchange' - but WITHOUT any percentage | none | GT does exist (its own 'GT Fee Rate' column in the official fee schedule); percentage not published (JS table) | none | none | there is no token. Discount by 30-day volume OR by balance held on the platform (AoP), whichever is better: an AoP of 20,000 USD already gives Tier 3 (0.22/0.38) | KCS -20% on the fee for spot and margin. CORRECTED 2026-09-01: the official table presents it as a DISCOUNT, not a rebate - it has a 'Spot Discount via KCS: 20%' column on every level and shows the fees already reduced (VIP 0 Class A: 0.080/0.080%). From VIP 8 the 20% applies only to taker. There is a second, stackable discount, 'Spot Discount via KCS Loyalty', from 0.5% to 2% | none | MX -20% for holding it; -50% holding more than 500 MX. The 'MX Deduction' is an alternative -20% route and does NOT stack | OKB NO LONGER gives a discount (official 2026-07-13) | OKB no longer gives a discount | only by changing plan (paid) | no data | not confirmed |
| Instant buy | that product does not exist | Convert: 0% commission + unquantified spread | Wallet 0.95% trading commission + 1.99% operating costs if paid in euros + spread max 1.2% = up to 4.14% | Convert 0% commission + 'minor spread costs may apply' | broker model with a premium built into the price. Trading fee by asset tier (official table 2026-09-01): Tier 1 stablecoins 0.99% with EURCV at 0% - Tier 2 Bitcoin and VSN 0.99% - Tier 3 other cryptos 1.49% - Tier 4 cryptos with a market cap below 100 M EUR and Bitpanda Spotlight assets 2.49%. Crypto indices 1.99% | not confirmed (they only publish a maker-taker scheme; simple buy in the app not broken down) | not confirmed | there is a 'simple orders' mode with its own commission, different from BudaPro; figure not confirmed (JS tables) | not confirmed (third parties say 0% explicit commission with the cost in the spread; no official source) | One-Click Buy (card, Apple Pay, Google Pay, PayPal, ZEN.COM) in about 30 European currencies | Convert with no commission, spread not published | not applicable (order book) | no general percentage published, but it DOES publish two specific figures (new 2026-08-25): a 1% execution fee on every buy and sell limit order, and 'a 1,875% Coinbase fee (varies by payment method)' | 0.80% (Cash to Crypto Purchase). With a debit/credit card: up to 4% | not confirmed with a figure. Official App article (updated 2026-07-20): an 'admin fee' may be charged, set by market conditions, promotions, volatility and liquidity, shown only on the preview screen | 1.00% when buying and 1.00% when selling crypto on spot. Falls with Club level: Platinum 0.95-0.10%, Platinum+ 0.90-0.10%, Diamond 0.85-0.10% | not confirmed | not published: 'we calculate these fees when you place your order... fees may vary for similar transactions'. The 1.49% + 0.50% cited by comparison sites NO LONGER appear on the official page | that product does not exist: market and limit orders 24/7 | 1.00% instant and recurring | 1.50% custom orders | 3.00% Convert Small Balances | not published: the fee 'can be found on the order confirmation page' and depends on the provider (Banxa, Simplex, MoonPay) | 0.5% buy and 0.5% sell; crypto-to-crypto swap 0.3%; transfers by $lemontag, deposits and withdrawals in pesos 0.00 ARS. Official AR table re-verified 2026-09-01 (article updated 2026-07-30, same figures) | not confirmed | Convert 0% commission + spread | no data | the greater of: minimum per tier or percentage. Standard/Plus 1.49% | Premium/Metal 0.99% | Ultra 0.49%. Falls with 30-day volume: Standard/Plus 1.49/1.29/1.09/0.89/0.49 · Premium/Metal 0.99/0.79/0.69/0.49/0.29 · Ultra 0.49/0.39/0.29/0.19/0 | no data | app: 0.5% all-in per side; Exchange: 0.25-0.50% depending on order type (figures from indexed extracts of its help pages, PROVISIONAL: JS pages) |
| By card | no data | not published (~2% according to the official blog, Oct-2024) | 1.99% operating costs when buying in euros (reducible through Space Center). Bit2Me Card (read 2026-09-22): payment from crypto wallet 0.95% / from euro wallet 0%; payments outside SEPA 2.00%; non-euro SEPA 1.75%; physical card issue 20 EUR at levels 0-2, 0 EUR at levels 5-7 | Simplex 3.5-5% (min $10) | Banxa 1.99% | SEPA 0% | no fee of its own with a figure: the official article says the card may incur fees from the customer's bank, shown in the transaction. Third parties do publish: PayPal 1.49% and Klarna 0.49%. SEPA free | not confirmed; local fiat SPEI/COELSA/PSE at no cost | not confirmed | not confirmed | not confirmed | ~3% bank card | ~2% Apple Pay and Google Pay | 0.92% ZEN.COM | 2.70-3.05% (JCB 5%) | no data | Coinbase Card: 'Spending with the Coinbase Card has no transaction fees', but a spread applies when buying/selling crypto | up to 4% buying crypto by card. Topping up the EU prepaid card by card: 1%. ATM withdrawal: 2% above the free monthly limit. Account closure: 50 EUR | no data | not confirmed (they do not publish a card deposit fee; they do publish a variable currency conversion) | not confirmed | 3.49% by debit card | PayPal 2.50% | ACH and incoming transfers free | not confirmed | not published | not confirmed - varies by third-party provider; KuCoin does not publish its own percentage | not applicable (you buy with a peso balance); ARS deposits and withdrawals 0.00 | not confirmed (third parties cite 2% from MEXC + 2-5% from the external provider; not verified in its fee schedule) | 1.99% EUR | EUR 1.99% - USD 2.49% - SGD 2.49% - AUD 1.50% - AED 3.00% (official FAQ updated 2026-08-13, 'the fees are subject to change'). NO mention of spread | no percentage or minimum fee when spending from a crypto card | no data | not confirmed |
| BTC withdrawal | 0.5% of the amount | not published (JS table) | no Bit2Me fee of its own; only the estimated network fee | not published: refers you to the withdrawal screen (depends on coin and network) | dynamic network fee (they state they make no profit from it) | 0.00001543 BTC (Lightning free) | not confirmed (fee schedule loaded by JS) | variable network fee ('this amount is not received by Buda.com'), no fixed figure | not confirmed (network fee only, according to its official X account, Dec-2023; not re-verified in 2026) | not published: the Help Center says it depends on coin and chain and is shown in the withdrawal window | not published since the fee schedule of 2026-09-02: refers you to the withdrawal screen | network estimate | no figure: 'a fee based on our estimate of the prevailing network fees'. Lightning: 0.2% of the bitcoin transferred | not published since 2026-08-25: refers you to the app ('Fees & Limits section of the Settings'). Published minimum withdrawal: 0.0008 BTC | 0.0004 BTC | 2% when moving from the platform to the eToro Money wallet; from the wallet to outside free + network fee. No direct withdrawal from the trading account | not published (JS table) | dynamic, no fixed figure: set by the network fee and shown before confirming ('Gemini does not pocket the fee') | not confirmed | not published (JS table) | not published: its official fees blog no longer gives a figure and refers you to the Fee Rate page | network cost + its own service fee (quoted before confirming), no fixed figure | not published (JS table) | not published (JS table) | no data | 3 GBP service fee + variable network fee | 3 GBP service fee + variable network fee (1 GBP only for XRP, XLM, DOT, SOL, AVAX, XTZ, ALGO and ADA) | not confirmed (AR fiat withdrawals: bank 0%, Mercado Pago 0%, cash 1.2%) |
| ETH withdrawal | 0.5% + 0.002 ETH gas (min 0.01 ETH) | not published (JS table) | no Bit2Me fee of its own; only the estimated network fee | not published: refers you to the withdrawal screen | dynamic network fee | 0.00000312 ETH on the Ethereum network. By network: Arbitrum 0.0000011 - Base 0.000005 - Optimism 0.00003 - Polygon 0.00013 (official table 2026-09-01) | not confirmed (fee schedule loaded by JS) | variable network fee, no fixed figure | not confirmed (same case as BTC) | not published: same case | not published (same case as BTC) | network estimate | no figure, same network-estimate criterion. Others published: USDT 0.01% (max 20 USDT); USDC 0.10% on net conversion above 5 M USD in 30 days | not published since 2026-08-25: same case. Published minimum withdrawal: 0.01 ETH on ERC20 | 0.005 ETH (ERC20) | 2% to the eToro Money wallet + network fee on the way out (same scheme as BTC) | not published (JS table) | dynamic, same as BTC; on ERC-20 the gas is paid in the token itself | not confirmed | not published (JS table) | not published: same case | network cost + its own service fee, no fixed figure | not published (JS table) | not published (JS table) | no data | 3 GBP service fee + variable network fee (1 GBP only for XRP, XLM, DOT, SOL, AVAX, XTZ, ALGO and ADA) | 3 GBP service fee + variable network fee | not confirmed |
| Inactivity | no: 'Wallets are free to use', no mention of an inactivity fee | reserved in the terms, no amount | 10 EUR/month. Inactive = more than 12 months without trading OR 3 months without logging in. Stops when you log in or trade again | no ('no maintenance or custody fees', official FAQ) | not confirmed (no mention on its fees pages) | not confirmed (no mention in fees) | NO - denied on the official blog: the 10 EUR/month fee (2022) was cancelled before it was applied | not confirmed (no mention) | not confirmed | no data | no data | no data | reserved, no amount | 5 EUR/month on the EU prepaid card after 12 months. RISES TO 6 EUR/month on 2026-10-01 (announced on its official page) | no data | NO - the official page (updated 2026-07-27) literally says 'Inactivity fee: Free' | not confirmed | not confirmed (no mention in any of its three fee schedules) | NO - no inactivity fee on its official fee pages | FREE - denied in writing: its 'Free' list includes 'Account inactivity' | not confirmed | no ('no maintenance or subscription costs', official PE help) | not confirmed | no data | no data | plan fee | no data | not confirmed |
| Licence | Alpaca Crypto LLC, money services business registered with FinCEN, NMLS #2160858. NOT a member of SIPC or FINRA. No MiCA, no CNMV | NO MiCA. It WITHDREW its application to the Hellenic Capital Market Commission on 2026-06-24, after objections from the Greek regulator about its corporate structure, and stated it would seek it in another Member State | CNMV, CASP under Regulation (EU) 2023/1114 (MiCA), decision of 2025-07-28. Entity: Bitcoinforme, S.L. (CIF B54835301) | NO MiCA. Official licences (checked 2026-09-08): AUSTRAC (AU), BCR/CNAD (SV), FCA s.21 (UK), National Bank of Georgia, CNV (AR), SAT (MX) and membership of an anti-money-laundering SRO supervised by FINMA (Switzerland). MiCAR application by Bitget EU to the Austrian FMA (2026-06-17, confirmed in an official statement 2026-07-02), under assessment; not on the ESMA CASP register (7-Sep-2026) | MiCAR. The CNMV CASP register lists TWO entities: BITPANDA GMBH, CASP under free provision of services with home country AUSTRIA, since 2025-04-14 (custody, crypto/funds exchange, crypto/crypto exchange, execution, placement, RTO, transfer); and BITPANDA ASSET MANAGEMENT GMBH, home country GERMANY, since 2025-02-21. No Maltese Bitpanda entity appears | NO MiCA - verified by ABSENCE from the CNMV CASP list, read in full on 2026-09-01. GFSC Gibraltar (according to the official blog) and the local fintech framework in MX: not re-verified today | MiCA CASP: CSSF Luxembourg, Bitstamp Europe S.A., lic. N00000003 + payment institution lic. Z00000012. On the CNMV CASP register as a CASP under free provision of services, home country Luxembourg, since 2025-05-15. Also (legal footer re-read 2026-09-01): Bitstamp UK Ltd - FCA FRN 978690; Bitstamp Global Ltd - VASP registered and supervised by the FSC of the British Virgin Islands; Bitstamp Asia Pte Ltd - MAS Singapore, major payment institution PS20200667; Bitstamp USA Inc - NYDFS, NMLS 1905429; Bitstamp Financial Services Ltd (Ljubljana) - ATVP, MiFID investment firm for derivatives ONLY, does NOT provide crypto-asset services | SELF-DECLARED 'not regulated by the local financial regulator' (official footer); no MiCA, no CNMV | PSAV no. 39 on the CNV Argentina register (Oware SAS). Brand absorbed by Nexo: 'Buenbit is now Nexo Argentina', one-to-one transition (official Nexo blog). NO MiCA. NO CNMV. | Bybit EU GmbH, MiCAR CASP authorised by the Austrian FMA since May 2025. NEW 2026-08-04: Bybit Payments GmbH (a DIFFERENT entity) obtains an Electronic Money Institution licence from the same FMA | Global platform without MiCA. Bybit EU GmbH (bybit.eu) is on the ESMA CASP register (28/05/2025, Austrian FMA). No CNMV. | Coinbase Luxembourg S.A. (CSSF). CASP under free provision of services in Spain since 2025-06-20 according to the CNMV CASP register | Coinbase Luxembourg S.A. (CSSF). On the CNMV CASP register, CASP under free provision of services from Luxembourg, authorised since 2025-06-20; placement service added on 2026-01-19 | Foris DAX MT Limited (Malta, MFSA), reg. C88392. On the CNMV CASP register it appears as FORIS DAX MALTA LTD, CASP under free provision of services from Malta, authorised since 2025-02-12 | MFSA Malta. FORIS DAX MALTA LTD is on the CNMV CASP register as a CASP under free provision of services from Malta (authorised 2025-02-12). The Exchange T&C are published by Foris DAX Limited | eToro (Europe) Ltd - CySEC 109/10, with a CySEC MiCA LICENCE since January 2025, passported to the EEA. No CNMV registration of its own. | MiCA: Gate Technology Ltd ('Gate Europe'), Malta, authorised by the MFSA; the official licences page already lists the passport to 29 EEA states, Spain included. Gate Securities (Cyprus), CySEC CIF 395/20. PSD2 payment institution in Malta. No CNMV. | Gemini Trust Company LLC - NYDFS, NMLS 1518126. MiCA from the MFSA (Malta) in August 2025 + MiFID II in May 2025. No CNMV. The MiCA licence is IRRELEVANT for users in Spain: it is closing the EEA anyway. | EU/Spain: Interactive Brokers Ireland Ltd (IBIE), Central Bank of Ireland C423427. Crypto execution and custody are provided by zerohash europe B.V., CASP authorised by the Dutch AFM no. 41000042. US/UK: Paxos Trust Company LLC (NYDFS) | CBI Ireland | KuCoin EU Exchange GmbH (Vienna) - MiCAR CASP authorised by the Austrian FMA on 2025-11-28, passport to 29 EEA countries except Malta. Services: custody, crypto-fiat and crypto-crypto exchange, placement and transfer. Its own statement clarifies that 'KuCoin EU is not the operator of a crypto-asset trading platform'. No CNMV. | not confirmed (PSAV/CNV Argentina registration not verified); no MiCA | NO MiCA and not on the ESMA CASP register; no application found with any EU authority. No CNMV. Background: it has already suspended fiat services in the Netherlands (its own official announcement). | OKX Europe Limited, CASP authorised by the MFSA of Malta (art. 28 of the Markets in Crypto-Assets Act, cap. 647). On the CNMV CASP register (read 2026-08-18) | OKX EUROPE LIMITED - CASP under free provision of services, home country MALTA, since 2025-11-27. CNMV CASP register. Includes 'Operation of a trading platform', custody, crypto/funds exchange, crypto/crypto exchange, execution, placement, RTO, portfolio management and transfer | REVOLUT DIGITAL ASSETS EUROPE LTD, Cyprus (CySEC). On the CNMV CASP register, CASP under free provision of services from Cyprus, authorised since 2025-10-21, with custody, operation of a trading platform, crypto-funds exchange, crypto-crypto exchange, placement and transfer | Revolut Digital Assets Europe Ltd (CySEC, Cyprus). CASP under free provision of services in Spain since 2025-10-21 according to the CNMV CASP register | Spain: Bank of Spain register D845 (Ripiotech S.L.) - PRE-MiCA REGIME; current MiCA/CNMV authorisation NOT confirmed. AR: PSAV/CNV registration not verified |
| Spain | NOT ELIGIBLE: Spain is not on its official list of jurisdictions enabled for crypto (list dated 2025-10-09) nor on the CNMV CASP register | NO since 2026-07-01 (withdrawals only) | yes | NO (no CASP, and the Spanish transitional period closed on 2026-06-30) | yes (MiCA passport, 27 EU countries) | no (no MiCA, no legal basis since 2026-07-01) | yes (CASP covers the whole EEA) | no | no | yes, only via bybit.eu | no (gradual withdrawal from the EEA announced on 2026-06-29) | yes | yes | yes | yes | yes | yes | NO since 2026-04-06 (accounts closed) | yes (via IBIE; 11 crypto-assets listed on its own Irish page) | yes | GREY AREA | no | no | yes | yes (OKX Europe Limited on the CNMV CASP register) - but this listing is the GLOBAL/Latam version; for Spain the applicable listing is okx-eee-espana | yes | yes | NO: CNMV CASP register read on 2026-08-18, neither RIPIO nor RIPIOTECH appears in any form |
| Latin America | all five | MX AR CO CL PE: yes | all five | AR yes (CNV) and MX yes (SAT), both on its official licences page. CO CL PE: not confirmed | no evidence of operations in any of the five | MX AR CO and BR yes (the official fees page publishes fiat rails for MXN via SPEI, ARS via COELSA, COP via PSE and BRL via PIX); CL and PE no (there are no CLP or PEN markets) | not confirmed (outside the EEA/UK/US/SG they operate via Bitstamp Global Ltd, BVI) | CL CO PE yes (the only three 'Markets' in the official footer, re-read 2026-09-01); AR appears in the location selector but NOT in the list of markets; MX does not appear | AR yes (main market, PSAV CNV; now a Nexo hub) | PE and MX yes according to Nexo (AR, PE and MX hub) | CO cited by the press, not confirmed | CL not found | no data | all five (CO without a fiat rail) | same as the app | crypto/crypto only, no local fiat rail | all five | all five | AR CO MX PE yes (official residence drop-down) | CHILE DOES NOT APPEAR on that list | not confirmed in an official source. Third parties list MX PE CL CO; on AR they contradict each other | MX AR CL PE yes (own page on its official list) | COLOMBIA is NOT listed | not confirmed: it accepts clients from all five for securities, but no official page confirms crypto or under which entity | all five (AR with CNV registration) | not confirmed in an official source; third parties cite AR MX PE CL with local payment methods, CO does not appear | AR confirmed in an official source (AR help centre with a fee table). PE and CO have their own official help centres (help.lemon.me/pe, help.lemon.me/co) but their tables were NOT read. MX, CL and BR: not confirmed | not confirmed in an official source; third parties cite MX AR CO CL PE. Its own article warns that 'fee rates may vary across different countries, regions, and trading pairs' | yes, at the global rate 0.08/0.10 | not confirmed (no official source on availability by country was read; the earlier 'all five' is NOT supported by an official source) | MX yes (full bank Jan-2026) | CO authorised, not launched | PE partial licence | AR and CL NO | same as the app | AR yes (own help center), BR yes; MX CO CL PE not confirmed (they say '8 countries' with no accessible list) |
It is not your capital: it is an account with rules. What decides is not the entry price, but the loss limit and what they let you do.
| Alpha Capital Groupverified · 6 days ago | Apex Trader Fundingverified · 6 days ago | Audacity Capitalverified · 6 days ago | Darwinex Zeroverified · 6 days ago | E8 Marketsverified · 6 days ago | FTMOverified · 6 days ago | FundedNextverified · 6 days ago | FundingPipsverified · 6 days ago | Goat Funded Traderverified · 6 days ago | MyFundedFXverified · 6 days ago | Noctorialverified · 6 days ago | The5ersverified · 6 days ago | TopStepverified · 6 days ago | |
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| Cost | One-off payment: Alpha One 1 phase $497/100k · Pro 2 phases $427 · Three $397 · Swing ~$577. No time limit. | Relaunched 1-Mar-2026 ('All New Apex'): ONE-OFF payment, no subscription; Intraday Drawdown / EOD Drawdown (new) / Legacy (no longer sold) families; no consistency rule in evaluation; 100% payout; up to 20 PAs. Current 100k price NOT confirmed (JS configurator); 'up to 90% OFF' promos (code SAVENOW) still active. | Ability Challenge (2 phases, REFUNDABLE fee, from $49; 100k $549 CONFIRMED 2026-09-21 on the product page, with a 14% OFF promo → $472) · Ability One (1 phase, refundable; $50K variant) · FTP Instant (from $199). No time limit. Scaling: doubles with every +10% up to $2M. ⚠️ PROMO CHANGED 2026-09-21: «Celebrating 14 Years, 14% OFF For All Programs», no code; the '25% OFF code 250M' one no longer appears. | ⚠️ PRICE RISE measured 2026-08-24 (official rate for NEW SIGN-UPS, official docs /docs/pricing): CFDs €45/month (Europe/UK) or $50 rest of the world · Futures €50 / $56 · Cash instruments €45 / $50 · Crypto CFDs €45 / $50. 1-year pack: CFDs €420 / $480 · Futures €480 / $552. 3-year pack: CFDs €1,080 / $1,260 (includes a €190/$210 credit for boosters). Reset = 1 monthly fee. PREVIOUS rate in the listing (17-Aug): €38/month CFDs-cash, €43/month futures, annual €405. The table expressly says 'for new registrations' → an existing subscription may stay on the old rate: NOT CONFIRMED whether the XUKD account is affected. No challenge fee. Track record (DARWIN). Performance fee 15%, withdrawal in 1 business day. | E8 One: 1 phase, 100k = $488 base ($366 with code E8, 25% off the first order — measured 2026-09-21 on e8markets.com/e8-one; on 31-Aug it was $398 base / $299 promo → PRICE RISE). ⚠️ NEW 2026-09-21: E8 One 'fully customizable' — DD 4-14%, target = 1.5×DD, daily = 66% of DD (3-9.2%), 80/90/100% split of your choice; the 3%/4% preset is still in the help center (article 16-Aug-2026). Legacy: Classic 2 phases, Track 3 phases, Signature (EOD). E8 One Crypto, Pro Crypto and Signature Crypto move to 'Legacy products'; new E8 One Perpetual and E8 Pro Perpetual (Hyperliquid), not measured. | Challenge. $5k–$200k. 2-Step from €89 (refundable with the 1st withdrawal); 1-Step from €79. No time limit. ⚠️ PROMO CHANGED 2026-08-24: the official banner announces «20% Off Special deal on $100K 1-Step Challenge» (creative uploaded 14-Aug-2026); the €101 off promo on the 2-Step (100k at €439) no longer appears. List prices NOT READABLE in this pass: the pricing table is rendered by JS. The €540 (2-Step) and €499 (1-Step) remain as the 17-Aug figure, not reconfirmed today. | Challenge. From $32 (small accounts); Stellar 2-Step 100k $529.99 (official US catalogue 13-Jul-2026; price for Spain not confirmed). One-off fee. No time limit. ⚠️ NEW 2026-08-31: the 'EA' / 'VPS & EA' add-on is NON-REFUNDABLE — it is not included in the challenge fee refund (read today in the official EA article). Before, it was only stated that it had to be paid separately on Free/BOGO accounts. | 1 Step $555/100k · 2 Step Standard $529 · Pro $399 · Zero (instant) $499. No time limit; min 3 days/phase. | Many models (1/2/3-Step, Instant, Blitz, $1): ~$30-$1,139 depending on the plan; max allocation ~$400k. No time limit (secondary). | NO LONGER OPERATING: rebranded to SeacrestFunded (Feb-2025) and ceased prop trading entirely on 6-Feb-2026. | Programme in progress (phase 1 / 1-Step). Account ~€47.5k. | Challenge. ⚡ SUMMER PLAN STILL ACTIVE as of 2026-09-07: 100K 2-Step 10/5 $149 · 100K 2-Step 8/5 $179 · 100K 1-Step $249 · 200K High Stakes 10/5 $249 and 8/5 $279 (CONFIRMED 2026-09-07; 80/20 split, payout cap $3,000/cycle, 50% consistency, no scaling). Aggregate buying-power cap $600,000 per trader. Fee refund: 10% in credits on passing phase 1, 20% on passing phase 2, 70% in cash with the 3rd payout. Summer rules: daily 3% calculated AT THE CLOSE of the day on the greater of EOD equity/balance; maximum 10% on 2-Step / 6% on 1-Step; leverage 1:100; 2-Step with no consistency rule in evaluation, 1-Step with 50% per day (kept in the funded account). Copying between your own accounts allowed. High Stakes 100k price NOT readable (JS); the $545 is still unconfirmed since 17-Aug. No time limit. | Standard Path subscription: $49/month (50k), $99 (100k), $199 (150k — up from $149) + $149 XFA activation · New route without activation: $95/$149/$229 a month · API $29/month. 1 phase, no time limit as long as you pay. |
| Bots and EAs | ⛔ ANY EA that trades on its own is PROHIBITED — EVEN your own ('strictly prohibited... under any circumstances'). Only pre-approved management EAs (SL/TP/risk) on MT5. | ⛔ 'No Automation or Algorithm Usage allowed' (official) — no bots or unattended systems; semi-automation only with a human present. No MT5 (Rithmic/Tradovate/WealthCharts). | Yes — but ONLY EAs DEVELOPED BY YOU (commercial/third-party ones expressly prohibited). VPS allowed for EAs. Copying only between your own accounts. | Yes — your own development (T&C 5.4: prohibited to use a commercial EA sold to several users or to replicate someone else's logic; correlation <0.95 with other people's DARWINs and <0.5 among your own for DarwinIA) | Yes, any EA on MT5 — but 1 strategy per user (the same EA on several users = closure); they recommend your own EA. Copying only between your own accounts. | Yes (your own is better than third-party) | ⛔ CHANGE 2026-09-21: EAs, bots and ANY automated tool (including those that only modify SL/TP or lot size) PROHIBITED on accounts of $50,000 or more, Challenge and FundedNext Account — «must trade manually». Below 50k: EA allowed on MT4/MT5 only, with a non-refundable add-on fee, 1 strategy per EA, cap of $300k per strategy, EAs with Telegram/WhatsApp prohibited, blacklist of commercial EAs. cTrader and Match-Trader: never an EA. | YOUR OWN EA with full automation allowed, but they require PROOF of ownership (.mq5 source, history, or video call). Third-party: only as a manager. | YOUR OWN EA yes; third-party/off-the-shelf/'challenge-passers' = breach, and they may ask for the code (Prohibited Trading Practices, 27-Jul-2026, measured 2026-09-07). The EA FAQ still says 'any EA except HFT and Gold Arbitrage' — two texts coexist; the restrictive one prevails. Prohibited to switch from an EA in evaluation to manual in the funded account or vice versa. | — | ⛔ PROHIBITED (golden rule 5-Jul: no bots on Noctorial) | ⚠️ CHANGE 2026-08-24 — IT REQUIRES THE SOURCE CODE AGAIN. The official FAQ (last update 22-Jul-2026) literally says: «Additionally, the trader must own the source code of the EA». Any EA is allowed except copying third-party signals, tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage, HFT and emulators. Visible SL mandatory (no stealth mode). The 17-Aug listing took that requirement as withdrawn since 24-02-2026: today it is back. RECONFIRMED 2026-08-31: the FAQ now carries the header 'last update: July 28, 2026' (edited since 22-Jul) and the source-code clause is still word for word. NEW in the same list: EAs that generate an excessive number of server requests by opening, modifying or cancelling orders are prohibited. | Yes via the TopstepX/ProjectX API — ⚠️ PRICE 2026-08-17: $29/month with a permanent 50% off for Topstep Traders using the code 'topstep' → $14.50/month, «valid every month with no end date» (article 23-Jun-2026). BUT ⛔ VPS/VPN/remote servers PROHIBITED, CONFIRMED 2026-08-17 in the API article itself: «All trading activity must originate from your personal device. The use of VPS, VPNs, and remote servers is prohibited by Topstep's Terms of Use.» No MT5. HFT prohibited. NEW NUANCE 2026-08-31 (same article): a server of your own that watches and records IS allowed — history, backtesting, logs, analytics, a read-only dashboard, a copy of your fills/positions/P&L — but NOT one that places, modifies or cancels orders or routes them. Verbatim: «your server can watch and record, but it cannot trade». |
| Loss limit | One: 6% trailing (locks at +6%), daily 4% · Pro/Three/Swing: static 6-10%, daily 3-5%. Breach on EQUITY (floating P&L counts). Reset 00:00 GMT+3. | EOD: trailing on closing balance ($3,000 on 100k) + a daily loss that pauses · Intraday: INTRADAY trailing that follows the peak of FLOATING equity (the classic trap: you can be eliminated without closing at a loss). On a PA it freezes at initial+$100. · EOD variant (Mar-2026): threshold recalculated once a day at 4:59:59 PM ET on the closing balance (real-time execution if touched). | Ability Challenge: p1 7.5% daily / 15% max. Verification and Live: 5% daily / 10% max. Maximum ALWAYS on initial balance, measured on EQUITY. STATIC daily limit: set at the 00:00 GMT+2 rollover on the greater of balance/equity and does NOT move during the day even if equity rises (measured 2026-08-24; the listing said 'GMT+2/+3', the official page says only GMT+2). NEW 2026-08-24: there is a $50K Ability ONE with a STATIC 6% absolute drawdown and a static 3% daily. ⚠️ The FTP (instant funding) is NOT static: it uses a 5% TRAILING on the MAXIMUM equity reached, applied continuously and not only at the rollover — a different and harsher rule than the challenge one. | "No rules": no daily limit and no eliminating maximum (confirmed; the Risk Engine rescales, it does not disqualify). DarwinIA allocation: proprietary rating ≥75 (monthly return 22% + 6m return 67% + max DD 6m 11%); the Return/DD ≥2.5 filter is NOT confirmed as a current official criterion. | One preset: 3% daily on the account's INITIAL balance / 4% dynamic (trailing on the highest closed balance, freezes on reaching the initial level). Customisable at checkout. Daily limit breached by EQUITY or balance (floating P&L counts). | 2-Step: 5% daily / 10% max STATIC, on equity (floating P&L counts), daily recalculated at 00:00 CET · 1-Step: 3% daily / 10% end-of-day TRAILING (best balance at 00:00 CET, only rises) + Best Day Rule (best day ≤50%) | Stellar 2-Step: 5% daily on the day's initial balance (reset 00:00 server time; the day's profits widen the margin) / 10% max · 1-Step 2026: variants up to 15% depending on the model · Instant: 6% trailing | 2Step: 5% daily / 10% static · 1Step: 3%/6%. Daily on the GREATER of balance/equity with FLOATING P&L (touch it for an instant = out). Extra: Risk Per Trade Idea 2-3% (hard) + Striking System. | 2-Step Standard: daily 5% at 5PM EST on the greater of balance/equity (fixed for the day, hard) · maximum 10% STATIC on initial · 2-Step GOAT 4%/10% · 2-Step PRO 4%/8%. ⚠️ Instant GOAT (the only one with VPS along with Hero): daily 3% 'TRAILING' calculated at 5PM EST on balance or equity (nuance measured 2026-09-21) + maximum 6% TRAILING on the HIGHEST equity (reset after each payout) + floating loss -2% = permanent closure, 15% consistency, 5 valid days. Instant Hero: 3% daily trailing + 5% trailing on equity (the page itself also calls it 'Trailing End-of-Day' — their ambiguity) + floating -1% = closure, 6 valid days. | — | Programme 32986 (email 10-Jul): MaxRisk 3% of capital per asset/day · Public docs 1-Phase (article 9-Apr-2026): 8% TRAILING on the initial balance (rises with closed-balance highs; breach measured on EQUITY) + 4% dynamic daily on the greater of balance/equity at the start of the day + Equity Guard 3% combined floating (closes everything, no breach) + 25% consistency per trade on the withdrawal | High Stakes: 10% max STATIC on initial + 5% daily on the GREATER of equity/balance at 00:00 server time · Hyper Growth 6% max | MLL trailing on the END-OF-DAY closing balance ($3,000 on 100k), freezes on reaching the initial level. The only hard rule of the Combine. |
| Overnight | Yes (Pro: not in the funded account) | ⛔ NO — everything closed at 4:59 PM ET every day | Yes (all phases, all 3 programmes) | Yes | Yes — allowed in ALL phases of E8 One, E8 Crypto, E8 Pro Forex and E8 Pro Crypto (reconfirmed 2026-09-07). E8 Signature Forex/Crypto: automatic close at 23:00 server time, reopening 00:15 (ruled out for that reason). ✅ RESOLVED 2026-09-07: E8 ZERO is a futures product and does NOT allow overnight, NOR weekends, NOR EAs (official 'All product overviews' table) — out for FVR; the candidate product is still E8 One. | Challenge yes; funded only if rollover ≤2h — except the Swing account | Yes (CFD: challenge and funded) · Futures line NO (flat daily at 3:10 PM CT) | Yes on weekdays | Yes | — | Yes | Yes | Nuance: the overnight Globex session yes (the 'day' runs from 5PM CT to 3:10PM CT), but flat daily at 3:10 PM CT |
| Weekend | One/Three/Swing yes; Pro NOT in the funded account (soft breach) | ⛔ NO | Yes (official, 2026 update) | Yes | Yes in all phases of E8 One, E8 Crypto, E8 Pro Forex and E8 Pro Crypto (gap = trader's risk). NOT on E8 Zero or Signature (measured 2026-09-07). | Swing account only | Yes — challenge AND FUNDED (official article 11-May-2026, reconfirmed 2026-08-03: Stellar 1-Step, 2-Step and Lite). The 13-Jul ban no longer exists in the current policy. | ⛔ Master: the weekend-holds restriction IS STILL IN FORCE and is still labelled «Temporary Update: Effective 29 January 2026» (re-verified 2026-08-17), with no end date and without becoming permanent. It applies to the FOUR standard models, which today are 1 Step Flex, 2 Step Standard, 2 Step Flex and 2 Step Pro · Zero: always a hard breach · ⚠️ 1K Instant: EXEMPT, allows holding over the weekend on all instruments · Evaluation of the four standard ones: yes | Yes (explicit official FAQ) | — | Yes | Yes (High Stakes and Hyper Growth; watch out for high swap on indices) | ⛔ NO |
| Profit split | Up to 80% · bi-weekly or on-demand payouts (40% Best Day) · max allocation $400k | 100% of the first $25k, then 90/10 · payout: 8 days, 5 of them +$50, 30% consistency | Up to 90% (Ability Live) · FTP 50-80% depending on stage · fortnightly, fee refunded with the first payout | Allocation up to €500k (DarwinIA Gold) + external capital. Performance fee 15% (HWM). Fixed allocation: Instant €1,045 / performance €145–495 / 3 years | One: up to 100% (chosen at checkout). Signature/Futures: 80%. ELEV8R scaling up to $1M. | up to 90%. ⚠️ Capital cap per strategy + they watch for the same Modus Operandi across several accounts | 70% → 95% + 15% of the profit from the challenge itself | Depending on cycle: weekly 60% / fortnightly 80% / monthly 100% / on-demand 90% (35% consistency) | 80% base (100% can be bought as an add-on) · fortnightly · first 2 payouts capped (6% or $10k) · daily profit cap of $3,000 in the funded account (the excess is deducted) | — | Depends on the programme | 50% → up to 100%; scaling up to $4M | 90/10 from the first dollar (2026 sign-ups) · XFA: 5 winning days of ≥$150 to get paid |
| Regulation | UK (the prop firm is not regulated; sister broker in the Seychelles). They do not accept the US. | Austin, Texas. Simulated, unregulated. | AudaCity Global LTD (Comoros/Anjouan) + London office. Brand since 2012. Third-tier regulation. | FCA (EU) | Unregulated (simulated). E8 Funding LLC (Dallas) + E8 Markets Ltd (Saint Lucia, the MT5 one). | — | — | Comoros + Dubai + Cyprus. No real regulation. | Wishes Tower International Ltd, Hong Kong (2023). Simulated. | — | — | — | Topstep LLC, Chicago (2012). Simulated. |
This is information, not financial advice, and it is not a recommendation of any broker or prop firm either. We do not tell you where to open an account: we show what each one charges so that you can compare it yourself.
Always check the figure on the provider's own website before using it. Fees and rules change without notice, and sometimes the provider's own website is out of date. Every figure on this page carries the date we verified it; if that date is old, treat it as old.
We are not responsible for errors, omissions or whatever you decide based on this. We put in all the care we know how to, and we say when we have not been able to confirm a figure; even so, the responsibility for checking before signing up lies with whoever signs up.
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Page generated automatically on 2026-09-27 from the FVR brain's listings. The official sources for each figure are in each provider's listing.