DEGIRO
Visit

Investing involves risk of loss.

Vs.

AvaTrade
Visit

71% of retail CFD accounts lose money.

DEGIRO Vs. AvaTrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

6

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • BaFin (Germany)
  • AFM (Netherlands)
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSCA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
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

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

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.

📍 Year Founded
2008 2006
💳 Minimum Deposit Range
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
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Equities CFDs
Total Asset Offering
292,230 863
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
25,000 626
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
5 55
📗 Commodities
0 0
📗 Commodities CFDs
0 27
📕 Indices
0 0
📕 Indices CFDs
25 33
📔 ETFs
0 0
📔 ETFs CFDs
6,700 59
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 17
📒 Bonds
0 0
📒 Bonds CFDs
500 2
📓 Options
0 0
📓 Options CFDs
250,000 44
📗 Futures
0 0
📗 Futures CFDs
10,000 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed Variable - From 1 to 100 units
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed Variable - From 1 to 100 units
📈 Minimum Crypto Trade Size
Unavailable Variable (eg: BTC 0.01, ETH 0.1)
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable Variable (eg: 1 ounce of gold)
📉 Minimum Bonds Trade Size
Unavailable 10 units
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable 10,000 FX Option contracts
💪 Retail Leverage
Unavailable 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
No 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
📺 cTrader
No No
💻 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
None

$50 per quarter after 3 months of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 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.

None
Spreads
📈 EUR/USD
Unavailable Dynamic - From 0.9 Pips
📉 SP500
Unavailable Dynamic - From 50 Pips
📈 GOLD
Unavailable Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $1.92
📈 XLK (ETF - CFD)
Dynamic - Market Spread Unavailable
📉 BTC
Unavailable Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No No