DEGIRO
Oanda
*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 traders who value a user-friendly platform and great research tools
Netherlands
USA
Fees
Low trading and non-trading fees, one free ETF trading per month
Low CFD and forex trading 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
9
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: ID / passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 78.3% 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 in the UK, €20,000 in the EU, CAD 1,000,000 in Canada, none in the US, Australia, Asia and other countries
2008
1996
Germany
US, UK, Australia, Singapore, Canada, Malta, Japan, British Virgin 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.
*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 Oanda's and a comparison of their fees shows that DEGIRO's fees are slightly lower than Oanda's.
Account opening takes somewhat less effort at DEGIRO compared to Oanda, deposit and withdrawal processes are more complicated at DEGIRO, while customer service quality is somewhat lower than Oanda's.
Our experts rated the trading platform of DEGIRO as being of the same quality as the platform of Oanda, found that clients have access to more markets and products with DEGIRO, while Oanda provides better research and education.