DEGIRO
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Investing involves risk of loss.

Vs.

BDSwiss
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69.2% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

Investing involves risk of loss.

Visit

69.2% 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.

BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.

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
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
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

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • BaFin (Germany)
  • AFM (Netherlands)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
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
  • Excellent educational library with analysis published on the daily basis
  • Suitable for traders who are willing to invest time in learning fundamental analysis.
The Bad
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
  • Higher spreads and limited functionality for small accounts
  • Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.
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 2012
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
3 - USD, GBP, EUR. 4 - USD, EUR, GBP, SEK.
🗽 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.

BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.

📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Equities CFDs
Total Asset Offering
292,230 1,066
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
25,000 900
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
5 50
📗 Commodities
0 0
📗 Commodities CFDs
0 6
📕 Indices
0 0
📕 Indices CFDs
25 10
📔 ETFs
0 0
📔 ETFs CFDs
6,700 80
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 20
📒 Bonds
0 0
📒 Bonds CFDs
500 0
📓 Options
0 0
📓 Options CFDs
250,000 0
📗 Futures
0 0
📗 Futures CFDs
10,000 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed 1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed 1 ETF
📈 Minimum Crypto Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 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 Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
None

10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).

💰 Deposit Fees
None

€10 flat fee for bank wire withdrawals equal to or less than €100.

💰 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.

Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).

Spreads
📈 EUR/USD
Unavailable Dynamic - From 0.3 Pips to 1.5 Pips
📉 SP500
Unavailable Dynamic - From 39 Pips
📈 GOLD
Unavailable Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $3.30
📈 XLK (ETF - CFD)
Dynamic - Market Spread 0.10%
📉 BTC
Unavailable Dynamic - From $190
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 Yes
📡 Account Management
No Yes
📡 Webinars
No Yes