DEGIRO
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Investing involves risk of loss.

Vs.

FBS
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76.5% of retail CFD accounts lose money.

DEGIRO Vs. FBS - Compare and Choose the Right One

Updated Jun 09 2022

Visit

Investing involves risk of loss.

Visit

76.5% 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.

FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.

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 to trade via MT4 with really low starting amounts using their Cent or Micro accounts
  • Experienced high volume traders looking for a fixed zero spread account
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

3

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • BaFin (Germany)
  • AFM (Netherlands)
  • IFSC (Belize)
  • CySec (Cyprus)
  • ASIC (Australia)
  • FSCA (South Africa)
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
  • Clear account offering that covers all levels of traders according to their net worth
  • Proprietary copy trading service
  • Access to high leverage (Up to 1:3000)
The Bad
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
  • Asset offering is extremely limited with over 100+ instruments
  • Minimum deposit for ECN account is high $1,000
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.

📍 Year Founded
2008 2009
💳 Minimum Deposit
0 From $1 to $1,000
💰 Payment Methods
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Maestro
  • Neteller
  • Sticpay
  • Skrill
  • Perfect Money
  • Bank Transfer (depending on location and entity)
  • Bitcoin
  • Ethereum
  • USDT (Tether)
💵 Account Base Currencies
3 - USD, GBP, EUR. 3 - EUR, USD, AUD.
🗽 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.

JP, US, CA, MY, IL, IR.
📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No Yes
Assets
📚 Available Assets

Real stocks, ETFs, bonds and options.

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

📙 Stocks
25,000+ 104
📘 Currency Pairs
5 102
📗 Commodities
N/A 8
📕 Indices
25 12
📔 ETFs
6,700 N/A
💸 Cryptocurrencies
N/A 28
📒 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.

All of FBS assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
N/A $1,000 - 0.01 Lots
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
N/A $1,000 - 0.01 Lots
📉 Minimum FX Trade Size
N/A $1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
N/A $1,000 - 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 1:3000
💪 Professional Leverage
N/A N/A
✍ Customisable Leverage
N/A Yes
🎲 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 Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
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.

FBS commissions vary per account type as follows:

  • Cent account: none
  • Micro account: none
  • Standard account: none
  • Zero spread account: From $20 per lot
  • ECN account: From $6 per lot
  • Crypto account: 0.05% for opening or closing positions
Spreads
📈 EUR/USD
N/A From 0 to 3 Pips based on account type
📉 SP500
N/A Dynamic - From $1.7
📈 GOLD
N/A Dynamic - From 32 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $0.08
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
N/A Dynamic - From $104
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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