Best PEA 2026 : Online broker comparison
We compared the leading online brokers offering a PEA (Plan d'Epargne en Actions, France's tax-advantaged stock savings plan). Criteria: trading fees, available ETFs, usability, reliability. 100 % independent comparison.
Bourse Direct
0,99 € (<500 €)
Fortuneo
1,95 € (<500 €) / 0 € Starter
Boursorama (BoursoMarkets)
0,50 % (BoursoMarkets)
PEA broker comparison table
| Criterion | Bourse DirectLowest fees | Fortuneo1 free order per month | Boursorama (BoursoMarkets)Commission-free ETF selection | Saxo BanqueWidest selection | BforBank |
|---|---|---|---|---|---|
| Fee per order | 0,99 € (<500 €) | 1,95 € (<500 €) / 0 € Starter | 0,50 % (BoursoMarkets) | 0,08 % (min 2 €) | 2,50 € (<1 000 €) |
| Commission-free ETFs | Non | Oui (offre Starter : 1 ordre/mois) | Oui (selection BoursoMarkets) | Non | Non |
| Number of instruments | ~1 500 actions + 400 ETF | ~1 200 actions + 350 ETF | ~1 000 actions + 300 ETF | ~2 000 actions + 500 ETF | ~800 actions + 250 ETF |
| Rating | 9/10 | 8,5/10 | 8/10 | 8/10 | 7/10 |
| PEA Stocks | Yes | Yes | Yes | Yes | Yes |
| PEA ETFs | Yes | Yes | Yes | Yes | Yes |
12 000 €
saved over 20 years
That is the cumulative fee difference between an online PEA at 0.99 euro per order and a traditional bank PEA at 8 euros per order, for an investor placing 2 orders per month over 20 years. Trading fees are the primary selection criterion for a PEA.
With an online PEA, you reinvest these savings into your ETFs and stocks.
Our detailed review of each broker
Bourse Direct
Rating: 9/10 · ~1 500 actions + 400 ETF
Order fee
0,99 € (<500 €)
Free ETFs
Non
Instruments
~1 500 actions + 400 ETF
Rating
9/10
The cheapest PEA on the market for small orders. At 0.99 euro per order under 500 euros, Bourse Direct is unbeatable for monthly DCA on ETFs. The interface is a bit dated but effective.
Fortuneo
Rating: 8,5/10 · ~1 200 actions + 350 ETF
Order fee
1,95 € (<500 €) / 0 € Starter
Free ETFs
Oui (offre Starter : 1 ordre/mois)
Instruments
~1 200 actions + 350 ETF
Rating
8,5/10
The Starter plan allows one free order per month (under conditions), ideal for a single monthly DCA. The interface is modern and the mobile app well-designed. Excellent value for money.
Boursorama (BoursoMarkets)
Rating: 8/10 · ~1 000 actions + 300 ETF
Order fee
0,50 % (BoursoMarkets)
Free ETFs
Oui (selection BoursoMarkets)
Instruments
~1 000 actions + 300 ETF
Rating
8/10
Boursorama offers a selection of BoursoMarkets-eligible ETFs with 0 % trading fees (subject to minimum amount conditions). Convenient if you already bank with Boursorama to centralize banking and investing.
Saxo Banque
Rating: 8/10 · ~2 000 actions + 500 ETF
Order fee
0,08 % (min 2 €)
Free ETFs
Non
Instruments
~2 000 actions + 500 ETF
Rating
8/10
Saxo offers the broadest catalogue with over 2,000 stocks and 500 ETFs available. The percentage-based fee (0.08 %) becomes advantageous for orders of 2,500 euros and above. Professional-grade platform.
BforBank
Rating: 7/10 · ~800 actions + 250 ETF
Order fee
2,50 € (<1 000 €)
Free ETFs
Non
Instruments
~800 actions + 250 ETF
Rating
7/10
BforBank offers a solid PEA backed by Credit Agricole. Fees are slightly higher than competitors but remain competitive versus traditional banks. Quality customer service.
Why open a PEA?
The PEA is France's most tax-advantaged vehicle for investing in European stocks and ETFs. After 5 years of holding:
- Tax-free capital gains: you only pay social contributions of 17.2 % (instead of the 30 % flat tax outside the PEA).
- 150,000 euro contribution ceiling: but your capital can grow without limit beyond that through gains.
- Withdrawals without closure after 5 years: since the PACTE law of 2019, you can withdraw money without closing the PEA after 5 years.
Tip: open your PEA as early as possible, even with a small amount, to start the 5-year tax clock.
Questions fréquentes
How to choose your PEA in 2026: complete guide
The PEA (Plan d'Epargne en Actions) is the essential tax-advantaged vehicle for any investor wanting to build a portfolio of stocks and ETFs at lower tax cost. Created in 1992, the PEA was significantly improved by the PACTE law of 2019, which relaxed withdrawal conditions and strengthened its attractiveness.
Trading fees: the decisive criterion
The main difference between a traditional bank PEA and an online PEA lies in trading fees. While a traditional bank charges between 5 and 12 euros per order, online brokers offer rates of 0.99 to 2.50 euros for orders under 1,000 euros. For an investor practicing DCA (Dollar Cost Averaging) with a monthly ETF purchase, this difference represents several hundred euros per year and several thousand over the PEA's lifetime.
The DCA strategy with a PEA
DCA consists of investing a fixed amount at regular intervals, regardless of market conditions. This approach is particularly suited to the PEA as it smooths the purchase price over time and reduces the impact of volatility. An MSCI World ETF bought monthly in a PEA is the simplest and most effective strategy for long-term investors. Over 20 years, a monthly investment of 300 euros in a World ETF has historically generated capital of over 120,000 euros (average annualized return of 8 % before inflation).
PEA and ETFs: the winning combination
Thanks to synthetic replication, many ETFs expose your PEA to the global market (United States, Japan, emerging markets) while remaining PEA-eligible. Major issuers (Amundi, BNP Paribas Easy, iShares) offer MSCI World, S&P 500, Nasdaq-100, and Emerging Markets ETFs compatible with the PEA. The internal fees of these ETFs are generally between 0.20 % and 0.45 % per year, well below traditional funds (1.5 to 2.5 % in annual management fees).
PEA taxation in detail
Before 5 years, any withdrawal triggers the PEA's closure and gains are subject to the 30 % flat tax (12.8 % income tax + 17.2 % social contributions). After 5 years, gains are subject only to 17.2 % social contributions, a tax saving of 12.8 percentage points compared to a standard brokerage account (CTO). On a 50,000 euro gain, that represents 6,400 euros in tax savings. This is why it is crucial to open your PEA as early as possible to start the tax clock.
Why compare PEA brokers before subscribing?
Unlike life insurance, you can only hold one PEA. Transferring a PEA to another broker is possible but often takes 2 to 3 months and may incur transfer fees. It is therefore essential to choose well from the start. Our independent comparison helps you identify the broker best suited to your profile: order frequency, average amount, mobile interface needs, and ETF catalogue.