DEGIRO
IC Markets
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders and investors looking for execution only
Best discount broker
Recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options
Netherlands
Australia
Fees
Low trading and non-trading fees, one free ETF trading per month
Low trading and 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
10
Deposit type
Withdrawal type
Account opening
$0
$200
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 / credit card statement / tax statement from last 3 months
Trading platform
Markets and products
Disclaimer: 74.32% 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
€20,000 for securites (+all cash held on the DEGIRO Cash Account up to €100,000)
€20,000 protection for customers under CySEC, no protection for others
2008
2007
Germany
Cyprus, Australia, Seychelles
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.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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 IC Markets's and a comparison of their fees shows that DEGIRO's fees are similar to IC Markets's.
Account opening takes about the same effort at DEGIRO compared to IC Markets, deposit and withdrawal processes are more complicated at DEGIRO, while customer service quality is similar to IC Markets's.
Our experts rated the trading platform of DEGIRO as somewhat better than the platform of IC Markets, found that clients have access to more markets and products with DEGIRO, while IC Markets provides better research and education.