Updated Jun 09 2022
Overview | |
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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. |
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2008 | 1999 (FXCM Group) |
💳 Minimum Deposit | |
0 | €, £, $ - 50 (Varies by payment method) |
💰 Payment Methods | |
💵 Account Base Currencies | |
3 - USD, GBP, EUR. | 4 - EUR GBP, USD, 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. |
RU, US, CA, JP, SK and more. |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
25,000+ | 200+ |
📘 Currency Pairs | |
5 | 39 |
📗 Commodities | |
N/A | 11 |
📕 Indices | |
25 | 15 |
📔 ETFs | |
6,700 | N/A |
💸 Cryptocurrencies | |
N/A | 6 (Cryptocurrencies CFDs are not available to retail clients residing in the UK) |
📒 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 FXCM's assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
N/A | 1 share |
📉 Minimum ETFs Trade Size | |
N/A | N/A |
📈 Minimum Crypto Trade Size | |
N/A | 1 unit of any cryptocurrency |
📉 Minimum FX Trade Size | |
N/A | $1000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
N/A | Varies by Commodity (Eg: 1 Troy ounce of Gold) |
📉 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 (Varies) |
✍ 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 | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 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 | 50 units of the account's base currency yearly after 1 year of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
💰 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. |
No | Spreads |
📈 EUR/USD | |
N/A | From 1.2 Pips (As per our research) |
📉 SP500 | |
N/A | Dynamic - From 58 Pips (As per our research) |
📈 GOLD | |
N/A | Dynamic - From 41 Pips (As per our research) |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - From $1.04 (As per our research) |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | N/A |
📉 BTC | |
N/A | Dynamic - From $51 (As per our research) | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | No |