Best Brokers in Luxembourg (2025)
We reviewed the top stock and ETF brokers available to residents of Luxembourg — evaluating ESMA regulation, commissions, platform quality, and beginner-friendliness. All brokers are regulated under MiFID II and supervised by CSSF or passported into Luxembourg.
⚠️ Risk Warning: CFD trading involves high risk. Between 74–89% of retail investor accounts lose money when trading CFDs. Invest only what you can afford to lose. Some links are affiliate links.
🏆 Top Best Brokers in Luxembourg 2025
1
XTB
⭐ Editor's Choice
2
DEGIRO
#2 Best Low-Cost Broker
3
eToro
#3 Best for Social Trading
4
Interactive Brokers
#4 Best for Advanced Traders
Comparison Table
XT
⭐ Editor's Choice
⭐ Editor's Choice
XTB
Stock & ETF broker · KNF regulated · EU passported
Min. Deposit
€0
Commission
0% (up to €100k/mo)
Regulated by
KNF / ESMA
Instruments
Stocks, ETFs, CFDs
✓ Pros
- Zero commission on stocks & ETFs up to €100k/month
- Excellent xStation 5 platform with advanced charting
- Strong educational content — ideal for beginners and intermediates
- Regulated by KNF (Poland) and passported across all EU countries
- Fast account opening, often under 15 minutes
✕ Cons
- Commission applies above €100k/month trading volume
- CFD products carry significant risk of loss
* Affiliate link. Capital at risk.
DE
#2 Best Low-Cost Broker
DEGIRO
Low-cost stock broker · BaFin regulated · EU passported
Min. Deposit
€0
Commission
€1 + 0.03%
Regulated by
AFM / BaFin
Instruments
Stocks, ETFs, Options
✓ Pros
- Among the lowest fees in Europe for stocks and ETFs
- Wide market access — 50+ exchanges in 30 countries
- Flat fee structure — easy to understand costs
- Regulated by BaFin and AFM (Netherlands)
- Free ETF selection available
✕ Cons
- No CFD or forex trading
- No ISA or tax-wrapper accounts
- Basic charting tools compared to XTB
* Affiliate link. Capital at risk.
eT
#3 Best for Social Trading
eToro
Social trading platform · CySEC regulated · EU passported
Min. Deposit
€50
Commission
0% (stocks)
Regulated by
CySEC / ESMA
Instruments
Stocks, ETFs, Crypto, CFDs
✓ Pros
- Industry-leading copy trading feature — follow top investors
- Zero commission on real stocks
- Social feed for investment ideas and community
- Regulated by CySEC and passported across EU
- Crypto trading available alongside stocks
✕ Cons
- Withdrawal fee of $5
- FX conversion fees for non-USD accounts
- Limited advanced charting tools
* Affiliate link. Capital at risk.
In
#4 Best for Advanced Traders
Interactive Brokers
Multi-asset broker · ESMA regulated
Min. Deposit
€0
Commission
€1.25 min.
Regulated by
Multiple EU regulators
Instruments
Stocks, ETFs, Options, Futures, Forex
✓ Pros
- Institutional-grade execution and market access
- Lowest margin rates in the industry
- Access to 150+ markets in 33 countries
- Regulated by multiple EU regulators
- Advanced IBKR Pro platform with full toolkit
✕ Cons
- Complex platform with steep learning curve
- Not beginner-friendly
- IBKR Lite not available outside US
* Affiliate link. Capital at risk.
Frequently Asked Questions
Which is the best broker in Luxembourg for beginners? +
For beginners in Luxembourg, XTB and Trading 212 are our top picks. Both offer zero-commission stock and ETF investing, excellent mobile apps, and strong educational resources. XTB's free courses and Trading 212's simple interface make them ideal starting points.
Are brokers in Luxembourg regulated? +
Yes. All brokers we list for Luxembourg are either directly regulated by Commission de Surveillance du Secteur Financier (CSSF) or passported into Luxembourg under EU MiFID II rules, which means they must meet strict capital, conduct, and investor protection standards set by ESMA.
Is there investor protection in Luxembourg? +
Yes. Investors in Luxembourg are protected by EU Investor Compensation Schemes, which cover up to €20,000 per investor if a regulated broker fails. Additionally, client funds must be kept segregated from broker funds under MiFID II rules.