DEGIRO vs XTB compared

DEGIRO
XTB
76% of retail CFD accounts lose money
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.
  • Research score
    2.5
    /5
  • Deposit and withdrawal score
    3.0
    /5
  • Customer service score
    4.4
    /5
  • Research score
    4.8
    /5
  • Deposit and withdrawal score
    4.5
    /5
  • Customer service score
    5.0
    /5
Recommended for
  • Beginners
    4.1
    /5
  • Equity
    4.9
    /5
  • Forex
    4.1
    /5
You can't open an account in United States
You can't open an account in United States

*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
4.8

Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

Best CFD broker

Country of origin

Netherlands

Country of origin

Poland

Fees

Fees score
4.5
Fees score
4.3
Fees summary

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

Fees summary

Low forex, average non-trading fees, high stock CFD 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

Deposit and withdrawal score
3.0
Deposit and withdrawal score
4.5
Number of base currencies

7

Number of base currencies

5

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
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: ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

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

Markets and products

Markets and products score
3.8
Markets and products score
3.9
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: 76% 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
2.5
Research score
4.8
Charting quality

Great

Charting quality

Great

Education score
3.0
Education score
5.0
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

£85k for UK clients, €20k for clients under CySEC and CNMV, €22k for other European clients, and no protection for other customers

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

2008

Foundation date

2002

Country of regulation

Germany

Country of regulation

UK, Poland, Cyprus, Spain, Belize, Dubai

DEGIRO

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

XTB

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 XTB's and a comparison of their fees shows that DEGIRO's fees are similar to XTB's.

Account opening takes about the same effort at DEGIRO compared to XTB, deposit and withdrawal processes are more complicated at DEGIRO, while customer service quality is somewhat lower than XTB's.

Our experts rated the trading platform of DEGIRO as being of the same quality as the platform of XTB, found that clients have access to about the same number of markets and products with DEGIRO, while XTB provides better research and education.

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