Basic data of broker
Recommended for Traders and investors looking for execution only
Best discount broker
Recommended for Forex and CFD traders who prefer the MetaTrader platform
Netherlands
UK
Fees
Low trading and non-trading fees, one free ETF trading per month
Low CFD and forex fees, average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
6
Deposit type
Withdrawal type
Account opening
$0
$100
1 day
1 day
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
€100k for cash and €20k for securities
£85k to UK and €20k to EU clients, $0 to others
€100k for cash and €20k for securities
£85k to UK and €20k to EU clients, $0 to others
2008
1977
Germany
UK, Cyprus, Dubai, Cayman Islands
For detailed information and hands-on experience, read our review of this broker.
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.
DEGIRO's service is slightly better than HYCM's and a comparison of their fees shows that DEGIRO's fees are slightly lower than HYCM's.
Account opening takes about the same effort at DEGIRO compared to HYCM, deposit and withdrawal processes are more complicated at DEGIRO, while customer service quality is similar to HYCM's.
Our experts rated the trading platform of DEGIRO as somewhat better than the platform of HYCM, found that clients have access to more markets and products with DEGIRO, while HYCM provides somewhat better research and education.