DEGIRO Alternatives

The best alternatives to DEGIRO are

1. Interactive Brokers - International broker providing all asset classes
2. Saxo Bank - Danish investment bank
3. flatex - Germany-based stockbroker
4. Comdirect - German investment bank

Let's see in a bit more detail how the DEGIRO alternatives compare to DEGIRO and each other:

Why are these brokers considered good alternatives to DEGIRO? There are many areas based on which DEGIRO can be compared with others. When we say a given online broker is a good alternative to DEGIRO we mean these brokers are comparable in the following areas:

• The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
• The type of clients they target, i.e. beginners, experienced investors, or day traders.

DEGIRO alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

• DEGIRO is recommended for traders and investors looking for execution only
• Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment
• Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
• flatex is recommended for investors and traders speaking german and focusing on european securities
• Comdirect is recommended for investors speaking german and focusing on european securities

Important factors of finding DEGIRO alternatives

So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

• open a live account
• check over 100 criteria, with weighting based on readers' preferences
• refresh data regularly

Whether DEGIRO or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. DEGIRO is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost DEGIRO alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At DEGIRO this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at DEGIRO, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given DEGIRO alternative is a must.

Now let's dive into the details of how DEGIRO and its alternatives perform in the most important areas!