Valutrades
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66% of retail CFD accounts lose money.

Vs.

DEGIRO
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Investing involves risk of loss

Valutrades Vs. DEGIRO - Compare and Choose the Right One

Updated Jan 05 2022

Visit

66% of retail CFD accounts lose money.

Visit

Investing involves risk of loss

Overview

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.

Best For
  • 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
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The Good
  • 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
The Bad
  • 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
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 day
📋 Documents Required
  • Valid identity documents (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.

🏛 Financial Regulators
  • FSA (Seychelles)
  • FCA (UK)
  • BaFin (Germany)
  • AFM (Netherlands)
📍 Year Founded
2012 2008
💳 Minimum Deposit
0 0
💰 Payment Methods
  • 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
💵 Account Base Currencies
13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
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.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and cryptocurrencies

Real stocks, ETFs, bonds and options.

📙 Stocks
N/A Availability from 30 global exchanges.
📘 Currency Pairs
73 N/A
📗 Commodities
5 N/A
📕 Indices
25 N/A
📔 ETFs
N/A Availability from 20 Exchanges (Europe, Asia, Oceania)
💸 Cryptocurrencies
4 N/A
📒 Bonds
N/A Availability from 7 European exchanges.
📓 Options
N/A Availability from 11 Global Exchanges.
📗 Futures
46 Availability from 13 Global Exchanges.
📝 Notes:

All of Valutrades assets are CFDs.

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.

Trading Experience
📈 Minimum Stock Trade Size
N/A N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC) N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) N/A
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 0.01 Contracts of Gold) 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
Up to 1:30 N/A
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No N/A
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees

Three free withdrawals a month, then 5% processing fee

No
💰 Commissions

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.

Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips N/A
📉 SP500
Dynamic - From 34 Pips N/A
📈 GOLD
Dynamic - From 22 Pips N/A
📉 TSLA (Stock CFD)
N/A N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $90 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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