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Stocks extend Mintos's product range
Mintos began stock dealing on Tuesday, opening access to more than 4,000 shares across global, US and European markets. The Latvian platform says investors can buy fractional shares from EUR 1, with no order or custody fees and no paid plans.
According to Mintos, US equities are priced and traded in euros without a currency-conversion charge. Clients can place orders themselves or set purchases to recur weekly, monthly or quarterly.
Founded in Riga in 2015, Mintos first connected retail investors with consumer and business loan investments. Latvia's central bank, Latvijas Banka, supervises its investment firm licence. Its account has since expanded to include Smart Cash, real estate, bonds, exchange-traded funds and crypto exchange-traded products.
Low fees meet established rivals
Chief executive and co-founder Martins Sulte presented the stock launch as a way to keep shares alongside ETFs and Mintos's other investments in one account. The first selection focuses on widely traded companies in technology and semiconductors, financial services, healthcare, energy and mining. Mintos says it intends to add to the range; it also warns that non-euro stocks retain currency risk despite euro pricing.
The service enters a field where zero-commission brokers already compete for investors. Trade Republic serves more than 10 million customers in 18 European markets and has about EUR 150 billion in assets. In July, it changed its execution setup and introduced a EUR 1 settlement fee, following the EU ban on payment for order flow taking full effect on June 30. Trading 212 reported a 72% rise in UK revenue to GBP 277.6 million in 2025, while funded accounts increased 69%.
XTB introduced revised investment plans in five European markets in July. Bitpanda, another platform that has broadened beyond its crypto-broker origins, charges EUR 1 to sell; its leveraged stock and ETF trading carries no fee on purchases and was introduced in July.
Mintos points to European Securities and Markets Authority (ESMA) figures showing that almost one in ten adults in the European Union, about 35 million people, bought or sold shares between 2022 and 2025. In Germany, 14.1 million people held shares, equity funds or ETFs in 2025, two million more than a year earlier, according to the Deutsches Aktieninstitut. Finance Magnates first reported the launch.
What an operations team should check
Before adding the service to existing workflows, teams should establish which records are authoritative for orders, balances, holdings and client statements. How will a euro-priced US share appear in cash and position reporting, and where will non-euro currency exposure be shown? Mintos says it charges no conversion fee, but notes that non-euro stocks still carry currency risk.
Recurring instructions create operational questions around scheduling, funding, exceptions and reconciliation. Teams should ask how weekly, monthly and quarterly orders are handled when funds are unavailable or an instruction cannot be completed. The source does not specify routing, settlement, custody arrangements or reporting formats, so these details need checking before mapping stock dealing into existing controls.
Because the offer includes fractional shares from EUR 1 as well as scheduled purchases, operators should check how fractional positions and recurring instructions appear in reconciliation and client reporting. Do the available records make it possible to distinguish an order placed manually from one generated by a recurring plan, and to match each instruction to its resulting holding?
