DEGIRO
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Investing involves risk of loss

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AvaTrade
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71% of retail CFD accounts lose money

DEGIRO Vs. AvaTrade - Compare and Choose the Right One

Updated Nov 04 2021

Visit

Investing involves risk of loss

Visit

71% of retail CFD accounts lose money

Overview

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.

Best For
  • Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
  • Active traders that look to access the large variety of exchanges offered
  • New traders looking for a more advanced forex and options platform
  • Experienced traders looking to take advantage of their fixed spreads
  • Experienced traders looking to trade FX options
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The Good
  • No conflicts of interest between DEGIRO and its customers
  • Virtually unlimited asset offering from 50 exchanges across the globe
  • Low fees when compared to traditional banking alternatives
  • AvaProtect feature for negative trades payback
  • Great variety of platforms (proprietary ones, MT4 & MT5)
  • Smooth platform experiences and easy account management
  • Custom Options trading platform
The Bad
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

🏛 Financial Regulators
BaFin (German Federal Financial Supervisory Authority)
AFM (Neatherlands Authority of Financial Markets)
Central Bank of Ireland
Financial Futures Association of Japan
Australian Securities and Investments Commission
Investment Industry Regulatory Organization of Canada
Cyprus Securities and Exchange Commission
South African Financial Sector Conduct Authority
ADGM Financial Services Regulatory Authority
Israel Securities authority
📍 Year Founded
2008 2006
💳 Minimum Deposit
0 $, €, £ - 100
💰 Payment Methods
Bank Transfer
Paypal
Visa
Mastercard
Bank Transfer
Paypal
💵 Account Base Currencies
3 - USD, GBP, EUR. 4 - USD, GBP, EUR, CHF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

US, BE, IR.
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets
Stocks
ETFs
Funds & Bonds
Futures & Options
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
📙 Stocks
Availability from 30 global exchanges. 626
📘 Currency Pairs
N/A 55
📗 Commodities
N/A 27
📕 Indices
N/A 33
📔 ETFs
Availability from 20 Exchanges (Europe, Asia, Oceania) 59
💸 Cryptocurrencies
N/A 17
📒 Bonds
Availability from 7 European exchanges. 2
📓 Options
Availability from 11 Global Exchanges. 44
📗 Futures
Availability from 13 Global Exchanges. N/A
📝 Notes:

DEGIRO is a traditional DMA broker, which means you buy or sell real shares upon availability from stock exchanges across the globe. Their asset offering is virtually unlimited as it depends on exchange's availability.

Most of AvaTrade's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A Depends on Stock price, from 1 to 10 or 100 units.
📉 Minimum ETFs Trade Size
N/A Depends on ETF price, from 1 to 10 or 100 units.
📈 Minimum Crypto Trade Size
N/A Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
📉 Minimum FX Trade Size
N/A $1,000
📈 Minimum Commodities Trade Size
N/A Varies by Commoditty (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A 10 Bond contracts
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A 10,000 FX Option contracts
💪 Retail Leverage
N/A Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
N/A No
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
No Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
No Yes, $50 per quarter after 3 months of inactivity.
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.

No
Spreads
📈 EUR/USD
N/A 0.9 Pips
📉 SP500
N/A 50 Pips
📈 GOLD
N/A 34 Pips
📉 TSLA (Stock CFD)
N/A $1.92
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
N/A $137.31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

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