IG
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79% of retail CFD accounts lose money.

Vs.

DEGIRO
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Investing involves risk of loss.

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

Updated Oct 13 2023

Visit

79% of retail CFD accounts lose money.

Visit

Investing involves risk of loss.

Overview

IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

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.

Best For
  • Professional traders looking to exploit their customisable platform and broad asset offering
  • High volume traders that can offset their commission costs by trading in larger volumes
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

8

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FMA (New Zealand)
  • NFA (United States)
  • DFSA (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • BMA (Bermuda)
  • BaFin (Germany)
  • AFM (Netherlands)
The Good
  • Broad platform offering with high customisability and integrated news feeds
  • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
  • 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
The Bad
  • There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
  • Their standard contracts can be too large some times for low volume traders
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
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
1974 2008
💳 Minimum Deposit Range
From $10 to $450. 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

SY, IR.

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.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Equities
Total Asset Offering
35,227 292,230
Exchange Access
8 0
📙 Real Stocks
15,000 0
📙 Stock CFDs
15,000 25,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 5
📗 Commodities
0 0
📗 Commodities CFDs
37 0
📕 Indices
0 0
📕 Indices CFDs
76 25
📔 ETFs
2,000 0
📔 ETFs CFDs
2,000 6,700
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
15 0
📒 Bonds
0 0
📒 Bonds CFDs
19 500
📓 Options
0 0
📓 Options CFDs
1,000 250,000
📗 Futures
0 0
📗 Futures CFDs
0 10,000
Trading Experience
📈 Minimum Stock Trade Size
1/10 of Contract (5,000 Notional) Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
1/10 of Contract (5,000 Notional) Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
0.01 Contracts Unavailable
📉 Minimum FX Trade Size
1 Contract Unavailable
📈 Minimum Commodities Trade Size
1 Contract Unavailable
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
30 Unavailable
💪 Professional Leverage
250 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

After 24 months of inactivity, IG charges an $18 monthly fee.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

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.

Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Unavailable
📉 SP500
Dynamic - From 40 Pips Unavailable
📈 GOLD
Dynamic - From 30 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
Dynamic - From $90 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
Yes No