Investment and trading apps in the Netherlands explained
The Netherlands is one of the most beautiful countries located in the centre of Europe. Over the years, many people have come to this nation searching for a better life, job prospects and financial wealth. Dutch investment apps are one of the best sources to look for a good brokerage deal. So, if you are interested to know more about the trading and stock regulations in this country, this blog below will help you out.
It can be quite tricky to find the right Dutch broker since there are a lot of options on the market. We have selected the best brokers in the Netherlands based on the criteria below. You can easily sign-up for your preferred broker online. We have listed below the criteria by which we have listed a top 5 of the best trading apps and brokers in the Netherlands.
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#1 the best investment platform
Award-winning broker – offers low fees and global investment opportunities. The largest brokers in Europe in terms of stock market transactions. Investing involves risk of loss. |
Award-winning broker – offers low fees and global investment opportunities. The largest brokers in Europe in terms of stock market transactions. Investing involves risk of loss. |
9.0
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Visit DEGIRO.nl |
#2
The Bitvavo platform is recognized as the largest exchange in the Netherlands, offering users a straightforward and secure method to purchase, sell, deposit, and withdraw cryptocurrencies. With its competitive pricing, Bitvavo stands out in Europe, offering low fees and the possibility for customers to receive rebates. |
The Bitvavo platform is recognized as the largest exchange in the Netherlands, offering users a straightforward and secure method to purchase, sell, deposit, and withdraw cryptocurrencies. With its competitive pricing, Bitvavo stands out in Europe, offering low fees and the possibility for customers to receive rebates. |
8.8
| Visit Bitvavo.com |
#3
Platform that enables you to invest and trade in different stocks and ETF’s. Currently offers great savings account with 4% untill 50K deposit. |
Platform that enables you to invest and trade in different stocks and ETF’s. Currently offers great savings account with 4% untill 50K deposit. |
8.6
| Visit Traderepublic.com |
#4
The best platform for first time investors. Award-winning app with great UX. Invest easily with as little as 1 euro. Offers a great round-up feature. |
The best platform for first time investors. Award-winning app with great UX. Invest easily with as little as 1 euro. Offers a great round-up feature. |
8.5
| Visit Peaks.nl |
#5
Good platform if you are not sure about investing. You can set up a account easily and try it out. However, it is quite expensive when trading a lot. |
Good platform if you are not sure about investing. You can set up a account easily and try it out. However, it is quite expensive when trading a lot. |
6.5
| Visit Bux.com |
Are the Dutch tradings apps safe and regulated?
One thing that is standard in the Netherlands is that the Dutch Authority regulates the brokers for the financial markets. The Dutch Authority for the Financial Markets (AFM) is responsible for supervising the operation of the financial markets. This means that AFM supervises the conduct of the entire financial market sector: savings, investment, insurance, loans, pensions, capital markets, asset management, accountancy and financial reporting. The AFM is committed to promoting fair and transparent financial markets. As an independent market conduct authority, they contribute to a sustainable financial system and prosperity in the Netherlands.
Also, when looking for an investment platform, the Netherlands notes that most of them shall have an office within the European Union. This comes as a rescue if an issue arises in the worst case and you have to uphold with your local regulatory agency.
Apart from this, another crucial thing to keep in mind is that every non-EU-broker shall be regulated with strict jurisdiction when depositing money.
Apart from currency trading, cryptocurrencies also play a significant role in the country’s financial regulation of share markets. Thus, keeping in mind future stocks and trading options depends on what platform they are willing to take the risk from person to person.
Also, the Netherlands as a country has other options too which include commodity markets. Therefore, for all those interested in giving trading a subtle nod in the country, it is wise to check and evaluate all the options before depositing the money.
Investing always involves risks. Know that you could lose (a part of) your invested money.
FAQ about brokers in the Netherlands
In our opinion, the best platform for active daily/weekly trading is DEGIRO. This online brokerage service in the Netherlands has expanded to 18 countries on the continent. A prime aspect that sets the app apart is that it helps one to benefit from a hefty commission structure. Other benefits of investing in Degiro are:
- Award winning broker
- Low rates and international investment opportunities
- The platform is safe and secure.
Despite its sheer size on the map, the Netherlands can weigh out the biggest competitors in terms of the financial market score. The significant benefit of investing through the apps in the Netherlands is that the company is geographically called the gateway to Europe.
However, that doesn’t mean that trading in the country is devoid of challenges or advantages. On the contrary, there is a perfect proportion of both in the nation, making it unique in the share market.
The advantages of trading in the Netherlands are as below:
- More than half of the country’s GDP comes from foreign trade.
- Apart from a sound transportation system, the electronic infrastructure in the country is well developed, which makes it one of the prime advantages.
- The country partners with Belgium, France, Germany, and United Kingdom in the trading domain.
Challenges of Trading In the Netherlands:
- A significant share of the Netherlands market depends upon Brexit. Thus, if Brexit is successfully implemented, then the trading relationship will also change between the countries.
Below mentioned is a step-by-step guide to open a trading account in the Netherlands.
- Choose and settle for an excellent online broker or an investment app like Peaks, Bux or Degiro.
- Once you have made up your mind, it will take only a few days to open an account.
- After the account is open, money can be deposited through a credit card or PayPal.
- Now is the time to start searching for the best stock on the market. Do the complete research and settle for the number one.
- The next step is to buy the stock and not regularly monitor the share positions on the net.