Sep 062011

Brokerjet, an online stock broker operated by Austria’s Erste Bank, is now in the broker directory. The firm could be very useful to investors buying shares in Eastern Europe, since it’s the first multimarket online broker to offer a good range of stock markets there that provides services in English.

The available stock markets in Eastern Europe are Croatia, Czech Republic, Hungary, Poland and Slovenia. Given that most of these are expensive and hard to access through foreign brokers, Brokerjet’s fees [PDF] look reasonably good at around €20-35 minimum, although Saxo Bank is cheaper for Poland.

The service also includes most Western European markets. International investors will probably have access to most of these through other stock brokers already, but the inclusion of the German regional markets could be helpful for some. These are not included in many international stock brokers’ coverage, since they are of limited interest to most investors.