DEGIRO
Interactive Brokers
*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 Traders looking for broad market access and a professional trading environment
Best online broker
Netherlands
USA
Fees
Low trading and non-trading fees, one free ETF trading per month
Low trading and non-trading fees, free stock and ETF trading for US customers
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
23
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1-3 days
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 / driver's license / credit card statement
Trading platform
Markets and products
Disclaimer: 60.0% 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
Great
Customer service
Security
€20,000 for securites (+all cash held on the DEGIRO Cash Account up to €100,000)
£85,000 or $500,000 (but only $250,000 for cash) in the UK depending on the assets you hold; $500,000 ($250,000) in the US; €20,000 (IB Ireland & Luxembourg) or €100,000 (IB Central Europe) in the EU, CAD 1 million in Canada; HKD 500,000 in Hong Kong
2008
1977
Germany
USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
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 on par with Interactive Brokers's and a comparison of their fees shows that DEGIRO's fees are similar to Interactive Brokers's.
Account opening takes less effort at DEGIRO compared to Interactive Brokers, deposit and withdrawal processes are about the same quality at DEGIRO, while customer service quality is similar to Interactive Brokers's.
Our experts rated the trading platform of DEGIRO as somewhat better than the platform of Interactive Brokers, found that clients have access to less markets and products with DEGIRO, while Interactive Brokers provides better research and education.
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