DEGIRO
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Investing involves risk of loss

Vs.

BDSwiss
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72.5% of retail CFD accounts lose money.

DEGIRO Vs. BDSwiss - Compare and Choose the Right One

Updated Dec 14 2021

Visit

Investing involves risk of loss

Visit

72.5% 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
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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
  • 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
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 (Germany)
  • AFM (Netherlands)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
📍 Year Founded
2008 2012
💳 Minimum Deposit
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
Assets
📚 Available Assets

Real stocks, ETFs, bonds and options.

CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

📙 Stocks
Availability from 30 global exchanges. 140 CFDs / 900+ on MT5 Platform
📘 Currency Pairs
N/A 50+
📗 Commodities
N/A 6
📕 Indices
N/A 10
📔 ETFs
Availability from 20 Exchanges (Europe, Asia, Oceania) 80
💸 Cryptocurrencies
N/A 20
📒 Bonds
Availability from 7 European exchanges. N/A
📓 Options
Availability from 11 Global Exchanges. N/A
📗 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.

Trading Experience
📈 Minimum Stock Trade Size
N/A 1 share
📉 Minimum ETFs Trade Size
N/A 1 contract
📈 Minimum Crypto Trade Size
N/A 0.01 Lots
📉 Minimum FX Trade Size
N/A $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
N/A 0.01 Lots
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 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 Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
No

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

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

💰 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
N/A Dynamic - From 0.3 Pips (Raw Account)
📉 SP500
N/A Dynamic - From 39 Pips
📈 GOLD
N/A Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - From $3.30
📈 XLK (ETF - CFD)
N/A 0.10%
📉 BTC
N/A 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

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