DEGIRO vs Trading 212 compared

Online brokers compared for fees, trading platforms, safety and more. See how DEGIRO stacks up against Trading 212!

DEGIRO
Trading 212
DEGIRO
4.9
Trading 212
4.6
68% of retail CFD accounts lose money

Last update of dataSep 2022

DEGIRO

DEGIRO is a discount broker that merged with flatexDEGIRO Bank AG and is supervised by the German financial regulator.

Recommended for traders and investors looking for execution only.

Trading 212

Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well.

Recommended for equity investors and CFD traders looking for easy-to-use trading platforms.

DEGIRO's service is on par with Trading 212's and a comparison of their fees shows that DEGIRO's fees are slightly lower than Trading 212's.

Account opening takes somewhat less effort at DEGIRO compared to Trading 212, deposit and withdrawal processes are more complicated at DEGIRO, while customer service quality is somewhat lower than Trading 212's.

Our experts rated the trading platform of DEGIRO as being of the same quality as the platform of Trading 212, found that clients have access to slightly less markets and products with DEGIRO, while Trading 212 provides somewhat better research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.9

Recommended for Traders and investors looking for execution only

Best discount broker

Overall Score
4.6

Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms

Best free trading app

Country of origin

Netherlands

Country of origin

Bulgaria

Fees

Fees score
4.6
Fees score
3.7
Fees summary

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

Fees summary

Commission-free real stocks and ETFs, high CFD fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.0
Deposit and withdrawal score
4.3
Number of base currencies

9

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
4.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

Required documents

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

Required documents

Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement

Trading platform

Web platform score
4.0
Web platform score
4.4
Mobile platform score
4.5
Mobile platform score
4.9
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.6
Markets and products score
4.1
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 68% 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

Research score
2.4
Research score
3.4
Charting quality

Great

Charting quality

Great

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
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000 for securites (+all cash held on the DEGIRO Cash Account up to €100,000)

Investor protection amount

£85,000 for clients under FCA, and €20,000 for clients under CySEC or FSC Bulgaria

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2008

Foundation date

2004

Country of regulation

Germany

Country of regulation

UK, Bulgaria, Cyprus

DEGIRO

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

Trading 212

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.

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