Country

Best Brokers in Portugal

We tested and compared major investment brokers available to residents in Portugal, focusing on fees, platform quality, asset selection and customer support.

Who this is best for

Portuguese investors who want a regulated broker with low fees, a good platform and strong support for long-term investing or beginner use.

  • XTB is the top pick for most Portuguese investors
  • Trading 212 is highlighted for beginners and zero-cost investing
  • DEGIRO stands out for low-cost ETF investing
  • eToro is positioned for copy trading and social investing
  • Interactive Brokers is highlighted for experienced investors
Portugal CMVM 28% Tax

Key points

The Portugal text says XTB offers zero commissions on stocks and ETFs up to €100,000 per month and is available in Portuguese. It also says Portuguese capital gains and dividends are generally subject to a 28% flat tax and must be reported in the annual IRS declaration.

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