Online broker promises zero-cost share trading

Online securities broker Degiro is to launch a new zero-cost platform which will allow clients to buy and sell shares for free to further shake-up the stockbroking market across Europe.

The Dutch company which began operating here earlier this year is to launch www.Deziro.com into 20 countries across the world in the coming 12 months.

The latest platform goes a step further than its current offerings which allows investors to trade stocks listed on the Irish Stock Exchange for little over €2 and those listed in the UK for slightly more than €4.