Degiro compared to Other Services
Explore the perfect trading option by comparing Degiro with top competitors, emphasizing offerings, pricing, and overall user experience.
Analysis of Degiro
In this review, we evaluate Degiro alongside Kraken, Coinbase, Fidelity, and Charles Schwab. Each service offers distinct advantages tailored to various investment approaches. Below is a comprehensive analysis to assist you in making a well-informed decision.
Degiro
A trading platform celebrated for its innovative social trading feature and user-friendly interface.
Robinhood
User-friendly trading platform favored by newcomers due to its ease of use.
Plus500
Degiro provides a variety of trading features with enhanced capabilities.
Coinbase
Leading digital investment platform featuring extensive educational resources.
Interactive Brokers
Cutting-edge trading platform offering enhanced functionalities and worldwide market access.
Detailed Comparison
The chart below evaluates Degiro alongside its top rivals based on multiple factors. Click on the titles to rearrange the chart.
|
Feature
|
Degiro | Robinhood | Plus500 | Coinbase | Interactive Brokers |
|---|---|---|---|---|---|
| Fees & Commissions | Commission-free stocks, low CFD spreads. | Zero-cost trading, no fees | Zero-commission, tight spreads on contracts. | Fee structures for trades | Pricing model varies by volume. |
| Asset Classes | Assets, Funds, Digital Currencies, Currency Pairs, Options | Shares, Derivatives, Digital Assets, Goods | Investments, Trading, Forex, Assets, Cryptocurrencies | Cryptocurrencies, Equities, Funds, Derivatives | Forex, Equities, Futures, Index Funds, Digital Currencies, Natural Resources |
| Social Trading | Absolutely (Degiro, CopyTools) | No | No | No | No |
| Copy Trading | Yes | No | No | No | No |
| User Interface | Intuitive, user-friendly | Simple, minimalist | Functional, straightforward | User-friendly, clean | Comprehensive, professional |
| Regulation & Security | Regulated by SEC, CFTC, FCA | Regulated by the FCA, CySEC | Regulated by FCA, CNMV | Regulated by FCA, ASIC | Overseen by multiple global authorities. |
| Minimum Deposit | $200 | $0 | $100 | $0 | $0 |
| Mobile App | Yes (Mobile & Tablet) | Yes (Mobile & Tablet) | Yes (Mobile & Tablet) | Yes (Mobile & Tablet) | Yes (Mobile & Tablet) |
| Customer Support | 24/5 through chat, phone, and email | Support available via chat and email. | Available around the clock through live chat and email | Consistently reachable through chat and email | Accessible 24/7 via phone, chat, and email. |
| Educational Resources | Extensive (seminars, courses, Degiro Learning Hub) | Lack of educational resources | Comprehensive learning resources | Extensive educational materials and tutorials | Thorough assessments, tutorials, seminars |
| Available Countries | 140+ countries | 13+ countries | 50+ countries | 100+ countries | 200+ countries |
Discoveries on Feedback
The findings outlined indicate thatDegiroDegiro offers outstanding social trading options alongside zero-commission stock trading, ideal for novices and enthusiasts of social trading. Nevertheless, platforms such asInteractive Brokerssupporting new investors, along with resources that enhance interaction on Degiro.Coinbaseis perfect for individuals interested in digital asset trading.Robinhoodprovides a simple interface for commission-free trading; yet, it lacks the additional social tools available on Degiro.Plus500offers different CFDs, but it may not suit long-term investors.
Key Strengths
- Diverse financial approaches
- Zero-commission stock trading
- User-friendly interface
- Broad range of investment options
- Educational resources
Considerations
- Wider differences on select assets
- Withdrawal fees may apply.
- Basic trading features only
- Limited availability in some regions
Prepare to Explore the Perfect Trading Journey!
When considering choices such as Degiro or similar services, focus on making educated choices for your investment path.
Create Your Complimentary Degiro ProfileInvesting carries risk; only put in what you can afford to lose. We may earn a commission at no extra cost to you.
Common Inquiries
What platform suits newcomers best?
Degiro and Robinhood emerge as top picks for newcomers, boasting intuitive interfaces and no commission fees. The social trading features of Degiro enhance its attractiveness for new investors stepping into the financial arena.
What methods enhance protection?
Degiro is known for its no-commission trading model, making it an affordable choice. Additionally, Degiro allows for commission-free share trading; however, it does charge spreads on CFDs and fees for withdrawals.
Is crypto available on Degiro?
Indeed, every platform evaluated—Degiro, Robinhood, Plus500, Coinbase, and Interactive Brokers—offers cryptocurrency trading options. However, the variety of cryptocurrencies available and the distinct characteristics related to crypto trading may vary.
Which site excels in social trading?
Degiro excels in social trading with features like CopyTrader and Portfolio Insights, enabling users to mimic leading investors' strategies. Competitors alike Degiro and CMC Markets lack these unique social trading tools.
Is Degiro a trustworthy and regulated platform?
Absolutely, all the mentioned platforms—Degiro, TradeStation, Kraken, and Charles Schwab—operate under the oversight of reputable financial regulators in their respective areas, providing a substantial degree of safety and adherence to compliance standards.