Davy Select vs DEGIRO compared

Davy Select
DEGIRO

Davy Select

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Fees score1.1/5.0
  • Trading platform combined score1.2/5.0
  • Account opening score2.5/5.0
Good to know
Recommended for
  • beginners 1.64/5
You can't open an account at Davy Select

DEGIRO

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Fees score4.5/5.0
  • Trading platform combined score4.4/5.0
  • Account opening score5.0/5.0
Good to know
Recommended for
  • beginners 4.14/5
  • equity 4.85/5
You can't open an account at DEGIRO
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Basic data of broker

Overall Score
3.0

Recommended for Investors focusing on Irish and UK markets

Overall Score
4.9

Recommended for Traders and investors looking for execution only

Best discount broker

Country of origin

Ireland

Country of origin

Netherlands

Fees

Fees score
1.1
Fees score
4.5
Fees summary

High trading fees

Fees summary

Low trading and non-trading fees, one free ETF trading per month

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.3
Deposit and withdrawal score
3.0
Number of base currencies

3

Number of base currencies

7

Deposit type

Withdrawal type

Account opening

Account opening score
2.5
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit

$495

Minimum deposit
*

$0

*
Time to open account

>3 days

Time to open account

1 day

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Required documents

Proof of identity: ID / passport Proof of residency: bank statement / utility bill

Trading platform

Web platform score
4.2
Web platform score
4.0
Mobile platform score
-
Mobile platform score
4.5
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.1
Markets and products score
3.8
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs

Research, education

Research score
3.5
Research score
2.5
Charting quality

Poor

Charting quality

Great

Education score
3.5
Education score
3.0
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
4.4
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000

Investor protection amount

€20,000 for securites (+all cash held on the DEGIRO Cash Account up to €100,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1926

Foundation date

2008

Country of regulation

Ireland

Country of regulation

Germany

Davy Select

For detailed information and hands-on experience, read our review of this broker.

DEGIRO

For detailed information and hands-on experience, read our review of this broker.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Davy Select's service is weaker than DEGIRO's and a comparison of their fees shows that Davy Select's fees are much higher than DEGIRO's.

Account opening takes considerably more effort at Davy Select compared to DEGIRO, deposit and withdrawal processes are somewhat more complicated at Davy Select, while customer service quality is similar to DEGIRO's.

Our experts rated the trading platform of Davy Select as much less user-friendly than the platform of DEGIRO, found that clients have access to slightly less markets and products with Davy Select, while DEGIRO provides somewhat lower-quality research and education.

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