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

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

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.

• Currency traders looking for an ECN broker
• Professional currency traders looking for an API offering
• Traders looking for a narrow range of commodities, cryptocurrencies 

• 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

• FSAS (Seychelles)
• FCA (UK)

• BaFin (Germany)
• AFM (Netherlands)

• Scalping is allowed (great for professional traders)
• Competitive commissions of $3 per lot round turn
• Access to ECN or DMA accounts 

• 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

• Asset offering is poor (only 80 instruments and no stocks or ETFs)
• Doesn’t have its on trading application

• Credit card deposits are not available
• Simplistic platforms with not many features
• Fees are expensive when compared to commission free brokers

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• 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.

• Visa
• Mastercard
• Maestro
• American Express
• AstroPay
• Diners
• SticPay
• PayPal
• Skrill
• Neteller e-wallets
• Wire transfers
• Giropay
• iDEAL
• JCB
• Klarna
• POLiPaysafecard
• Przelwy24
• Rapid Transfer
• AliPay

• Bank Transfer
• Paypal

US, IR, SY.

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.

Three free withdrawals a month, then 5% processing fee.

Yes (Eg: Forex commission of $3 per side with ECN account).

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.