DEGIRO vs RBC Direct Investing compared

DEGIRO
RBC Direct Investing
Key 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.
  • Trading platform combined score
    4.4
    /5
  • Research score
    2.5
    /5
  • Markets and products score
    3.8
    /5
  • Trading platform combined score
    1.3
    /5
  • Research score
    4.0
    /5
  • Markets and products score
    2.4
    /5
Recommended for
  • Beginners
    4.1
    /5
  • Equity
    4.9
    /5
  • Beginners
    3
    /5
You can't open an account in United States
You can't open an account in United States
Top 5 brokers
Based on your country, these brokers are great matches for you.

Basic data of broker

Overall score
4.9

Recommended for Traders and investors looking for execution only

Best discount broker

Overall score
4.1

Recommended for Investors, including beginners, focusing on the Canadian and US markets

Country of origin
Broker's country of establishment

Netherlands

Country of origin
Broker's country of establishment

Canada

Fees

Fees score
4.4
Fees score
3.5
Fees summary
BrokerChooser's qualitative summary on the broker's prices

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

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Average trading fees, low non-trading fees, free mutual fund investing

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
3.0
Deposit and withdrawal score
2.4
Number of base currencies
How many account currencies you can choose from

7

Number of base currencies
How many account currencies you can choose from

2

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
3.7
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account
No minimum account balance
*

$0

*
Minimum deposit
The minimum amount you have to deposit for using the account
No minimum deposit
*

$0

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1-3 days

Required documents
Documents required for opening an account

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

Required documents
Documents required for opening an account

Social Insurance Number, Government ID, Proof of Income

Trading platform

Web platform score
4.0
Web platform score
2.9
Mobile platform score
4.5
Mobile platform score
0.7
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.8
Markets and products score
2.4
Stocks
Stocks are available
Stocks
Stocks are available
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
ETFs
ETFs are available
ETFs
ETFs are available
Forex
Forex is available
Forex
Forex is available
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
ETN
*
*
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD

Research, education

Research score
2.5
Research score
4.0
Charting quality

Great

Charting quality

Mid-range

Education score
3.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
4.4
Customer service score
5.0
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

€100k for cash and €20k for securities

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

CAD 1 million

Investor protection
Amount of the investor protection provided by the broker

€100k for cash and €20k for securities

Investor protection
Amount of the investor protection provided by the broker

CAD 1 million

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

2008

Foundation date

1864

Country of regulation
Which countries' regulators oversee the broker

Germany

Country of regulation
Which countries' regulators oversee the broker

Canada

DEGIRO

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

RBC Direct Investing

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 RBC Direct Investing's and a comparison of their fees shows that DEGIRO's fees are slightly lower than RBC Direct Investing's.

Account opening takes less effort at DEGIRO compared to RBC Direct Investing, deposit and withdrawal processes are somewhat easier at DEGIRO, while customer service quality is somewhat lower than RBC Direct Investing's.

Our experts rated the trading platform of DEGIRO as much better than the platform of RBC Direct Investing, found that clients have access to more markets and products with DEGIRO, while RBC Direct Investing provides better research and education.

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