Degiro vs XTB, for 2024
Read our In-Depth Degiro vs XTB Review - 2024 Update
This review comparing Degiro and XTB has been updated to reflect any changes for 2024 from knowledgeable insiders with considerable expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Degiro vs XTB does not apply to all countries as follows:
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Degiro vs XTB
All platforms for online trading feature certain ups and downs, so a complete review of Degiro and XTB cannnot be complete without adopting a balanced approach.
Assess XTB and Degiro to get a better understanding of just how these platforms line up against each prior to you choose to create an account. A side-by-side comparison helps to bring aspects in perspective to ensure that you remain cognizant of the expectations.
So you are looking for a reputable broker and are choosing between Degiro or XTB. Which one is best in 2024?
This Degiro vs XTB comparison contains the latest information so you can easily compare XTB against Degiro.
If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will get proficient at all the concepts of broker as you keep trading. For starters, you need to select the right broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. Degiro and XTB are two such trading platforms which will take you along with your investment into great heights. It's crucial to compare Degiro vs XTB until you trust them with your cash.
Our Degiro vs XTB comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Degiro and XTB side by side.
Our entire Degiro vs XTB Review covers everything you will need to know about trading with either Degiro or XTB. A good agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
Degiro and XTB are both brokers that have forged their way successfully to the broker world. In this review, we have tried to collate a number of the vital facets of both Degiro and XTB. This review can allow you to understand whether either XTB or Degiro is a good match for your investments or not. We have attempted to breakdown all of the features and fees for your convenience.
Benefits of Degiro and XTB Compared
Degiro has a minimum deposit of $0 while XTB has a $0 minimum deposit.
Why smaller minimum deposits are good and how Degiro and XTB compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Degiro allows you to trade around 84 financial instruments while XTB has around 84 on their platform.
The more financial instruments you can trade on the Degiro and XTB platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Degiro or XTB.
Degiro and XTB Contact Details
Being able to contact an online trading platform easily is vital. Degiro and XTB have the following contact details and social medias that you can use.
Broker | Degiro | XTB |
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Telephone Number | 020 3695 3085 | |
uksales@xtb.com | ||
Address | Level 9, One Canada Square, Canary Wharf, E14 5AA | |
Degiro Twitter Account | XTB Twitter Account | |
Degiro Facebook Page | XTB Facebook Page | |
Degiro Instagram Account | XTB Instagram Account | |
Degiro LinkedIn Page | XTB LinkedIn Page | |
YouTube | Degiro YouTube Channel | XTB YouTube Channel |
Find Out More |
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XTB and Degiro Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Degiro and XTB will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Degiro vs XTB - Awards
Broker | Degiro | XTB |
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Awards | At the time of writing this Degiro review, and despite Degiro’s impressive offering, the company has surprisingly not garnered any awards to date. |
XTB have won several industry awards over the time they have been operating as a financial broker. We show the most recognised awards for XTB below.
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Find Out More |
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Degiro vs XTB - Frequently Asked Questions
Degiro vs XTB - Headquarters And Year Of Founding
Degiro was founded in 1934 and has its headquaters in Netherlands.
XTB was founded in 2002 and has its head office in Poland.
What is the minimum deposit for XTB or Degiro
The minimum deposit for Degiro is $0.
The minimum deposit for XTB is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Degiro and XTB are a good option.
Degiro vs XTB - Regulation And Licencing In More Detail
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.
Both Degiro and XTB have a powerful set of rules for ensuring honest trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Degiro vs XTB Commission And Fees
Degiro and XTB are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, funding rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither Degiro or XTB charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees charged by Degiro and XTB are comparatively greater. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Degiro vs XTB review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Degiro And XTB
What Languages Do Degiro And XTB Support?
Being able to chat easily with your trading platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Here you will find all the languages that both Degiro and XTB offer communication in.
How Many Clients Do Degiro and XTB Have?
Both Degiro and XTB are well established with their customer base. It is really important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers Degiro and XTB are active on their platform
What Payment Methods Do Degiro and XTB Accept?
Degiro and XTB both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Degiro and XTB
What Can You Trade With Degiro and XTB?
Degiro offers 84 trading instruments while XTB offers 1,500.
Below you will find a full breakdown of what both Degiro and XTB offer.
Degiro Review
Degiro vs XTB:
Table Of Contents
- Compare Degiro vs XTB
- Benefits of Degiro and XTB Compared
- XTB and Degiro Mobile App Comparison
- Degiro vs XTB - Awards
- Degiro vs XTB - Frequently Asked Questions
- What is the minimum deposit for XTB or Degiro
- Degiro vs XTB - Regulation And Licencing In More Detail
- Compare Broker Fees For Degiro And XTB
- What Languages Do Degiro And XTB Support?
- How Many Clients Do Degiro and XTB Have?
- What Payment Methods Do Degiro and XTB Accept?
- What Can You Trade With Degiro and XTB?