DEGIRO
Visit

Investing involves risk of loss.

Vs.

Binance
Visit

Investing in cryptocurrencies involves risk.

DEGIRO Vs. Binance - Compare and Choose the Right One

Updated Jun 09 2022

Visit

Investing involves risk of loss.

Visit

Investing in cryptocurrencies involves risk.

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.

Binance is a global cryptocurrency exchange founded in 2017 in China with the aim of providing the ultimate trading solution. Currently, they offer more than 700+ cryptocurrencies, derivatives (such as Vanilla options, futures, staking), a Launchpad platform for ICOs and many more services such as several trading platforms with different complexity levels.

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
  • Avid cryptocurrency traders and investors from intermediate to expert levels
  • Day traders looking for a high liquidity exchange with competitive fees
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • BaFin (Germany)
  • AFM (Netherlands)

None, not required at the moment.

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
  • Largest cryptocurrency exchange in the world by liquidity
  • Massive cryptocurrencies selection available (700+)
  • Large amount of financial products in the form of derivatives (Vanilla options, futures, etc)
  • Advanced trading platforms with visual order books at no cost
The Bad
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
  • Interface can be complex to use for beginners
  • The wide selection of products and derivatives can also be intimidating for beginners
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.

Only to increase withdrawal limits:

  • 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 2017
💳 Minimum Deposit
0 0
💰 Payment Methods
  • Bank Transfer
  • Paypal
  • All supported cryptocurrencies
  • Bank transfers
  • Visa
  • Mastercard
💵 Account Base Currencies
3 - USD, GBP, EUR. All supported cryptocurrencies.
🗽 Available to U.S Citizens
No Yes (excluding few states)
❌ 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.

None
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets

Real stocks, ETFs, bonds and options.

  • More than 700+ real cryptocurrencies
  • A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.
📙 Stocks
25,000+ N/A
📘 Currency Pairs
5 N/A
📗 Commodities
N/A N/A
📕 Indices
25 N/A
📔 ETFs
6,700 N/A
💸 Cryptocurrencies
N/A 700+
📒 Bonds
500+ N/A
📓 Options
250,000+ N/A
📗 Futures
10,000+ 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.

Binance specialises in real cryptocurrencies and tokenised derivatives based on their own cryptocurrency offering.

Trading Experience
📈 Minimum Stock Trade Size
N/A N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
N/A $10
📉 Minimum FX Trade Size
N/A N/A
📈 Minimum Commodities Trade Size
N/A N/A
📉 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 1:20
💪 Professional Leverage
N/A N/A
✍ Customisable Leverage
N/A N/A
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
No No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
No No
💰 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.

Binance charges a fixed 0.1% trade value fee for spot trades.

Spreads
📈 EUR/USD
N/A N/A
📉 SP500
N/A N/A
📈 GOLD
N/A N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread N/A
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
N/A Dynamic - From $1
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.