Sumeria review

Trading a share costs €0 and running the account costs €0, on the commission-free model listed in commission free. Currency conversion is 0%, so a position held in another currency adds nothing to the trade. Uninvested cash pays 1%.

The minimum deposit is €1, a low entry level for a first account. Fractional shares appear in crypto, fractional shares and mobile app, so that opening amount can be spread across holdings instead of being tied to whole shares, and the account fee of €0 keeps holding costs at nothing.

Sumeria is licensed by ACPR in France, and holdings sit under EU investor compensation at EU ICS up to EUR 20,000. That scheme pays out if the firm cannot return cash, so the cap is worth checking against the balance you plan to keep on the account.

The market list covers stocks, etfs and crypto. That is enough for a first portfolio built from shares, ETFs and crypto, but bonds and funds are not on the list, so fixed income and fund buyers need a platform that offers them.

Everything runs through a mobile app, one of the items under crypto, fractional shares and mobile app alongside crypto and fractional shares. The stated audience is beginners, and the commission-free model in commission free means no per trade charge to work out before an order.

The stated audience is beginners, and the app covers stocks, etfs and crypto. Shares, ETFs, crypto, metals and CFDs in one place suits a first account and small regular orders rather than a large leveraged book, where a per trade charge would matter more.

Uninvested cash pays 1%, listed alongside the account fee of €0 and the FX fee of 0%. With no account charge to offset it, that rate is the main return on a balance being saved for a larger order.

CFDs sit inside stocks, etfs and crypto, next to the crypto and metals lines. Across the brokers here, retail accounts that lose money sit at 70.15%, so leveraged positions carry a real chance of losing the balance whatever the platform.