FreshForex vs Degiro, Who's The Best?
Read our In-Depth FreshForex vs Degiro Review - 2024 Update
This review comparing FreshForex and Degiro has been updated for 2024 by seasoned professionals boasting years of expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FreshForex vs Degiro does not apply to all countries as follows:
FreshForex Excluded Countries
United States of America, United Kingdom, Russian Federation, and France.
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FreshForex vs Degiro
Each trading platforms feature a few advantages and disadvantages, and any comprehensive FreshForex and Degiro review would not be regarded as thorough without adopting an objective perspective.
Examine FreshForex and Degiro to get a better understanding of just how they compare with each before you decide to make 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 FreshForex or Degiro. Which one is best in 2024?
Our FreshForex vs Degiro comparison contains the latest information so you can easily compare Degiro against FreshForex.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will get adept at all the concepts of broker as you continue trading. For starters, you have to choose the right agent who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. FreshForex and Degiro are two such companies which will take you and your investment into great heights. It is crucial to compare FreshForex vs Degiro until you trust them with your cash.
Our FreshForex vs Degiro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FreshForex and Degiro side by side.
Our entire FreshForex vs Degiro Review covers everything you will need to learn about trading with either FreshForex or Degiro. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a common misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
FreshForex and Degiro are both brokers that have found their way successfully to the broker world. In this review, we have attempted to collate a number of the vital aspects of both FreshForex and Degiro. This review can allow you to understand whether either Degiro or FreshForex is a good fit for your investments or not. We have tried to breakdown all of the features and fees for your advantage.
Benefits of FreshForex and Degiro Compared
FreshForex offers a minimum deposit of $1 while Degiro offers a $0 minimum deposit.
Why smaller minimum deposits are good and how FreshForex and Degiro 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.
FreshForex allows you to trade around 144 financial instruments whilst Degiro has around 144 financial instruments on their platform.
The more instruments you can trade on the FreshForex and Degiro trading 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 never want to miss out on a trading opportunity due to the limitations of FreshForex or Degiro.
FreshForex and Degiro Contact Details
Being able to contact your broker simply is important. FreshForex and Degiro have the following contact details and social medias that you can use.
Broker | FreshForex | Degiro |
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Telephone Number | +44 207 099 2124 | |
info@freshforex.com | ||
Address | Suite 305 Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingstown, St. Vincent and the Grenadines | |
FreshForex Twitter Account | Degiro Twitter Account | |
FreshForex Facebook Page | Degiro Facebook Page | |
FreshForex Instagram Account | Degiro Instagram Account | |
FreshForex LinkedIn Page | Degiro LinkedIn Page | |
YouTube | FreshForex YouTube Channel | Degiro YouTube Channel |
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Degiro and FreshForex Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of FreshForex and Degiro we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
FreshForex vs Degiro - Awards
Broker | FreshForex | Degiro |
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Awards |
FreshForex have won several industry awards over the time they have been operating as an online broker. We detail the most recognised awards for FreshForex here.
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At the time of writing this Degiro review, and despite Degiro’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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FreshForex vs Degiro - Frequently Asked Questions
FreshForex vs Degiro - Headquarters And Year Of Founding
FreshForex was founded in 2004 and has its headquaters in Russia.
Degiro was founded in 1934 and has its headquaters in Netherlands.
What is the minimum deposit for Degiro or FreshForex
The minimum deposit for FreshForex is $1.
The minimum deposit for Degiro is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FreshForex and Degiro are a good choice.
FreshForex vs Degiro - Regulation And Licencing In More Detail
FreshForex is regulated by SVGFSA 20623 IBC 2012.
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
Both FreshForex and Degiro have a powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FreshForex vs Degiro Commission And Fees
FreshForex and Degiro are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, financing speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither FreshForex or Degiro charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by FreshForex and Degiro are comparatively greater. Consequently, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This FreshForex vs Degiro review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FreshForex And Degiro
What Languages Do FreshForex And Degiro Support?
Being able to talk completely with your trading broker is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both FreshForex and Degiro support.
How Many Clients Do FreshForex and Degiro Have?
Both FreshForex and Degiro 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 understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers FreshForex and Degiro are active on their platform
What Payment Methods Do FreshForex and Degiro Accept?
FreshForex and Degiro 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 FreshForex and Degiro
What Can You Trade With FreshForex and Degiro?
FreshForex offers 144 trading instruments whilst Degiro offers 84.
Below you will find a full breakdown of what both FreshForex and Degiro offer.
FreshForex Review
FreshForex vs Degiro:
Table Of Contents
- Compare FreshForex vs Degiro
- Benefits of FreshForex and Degiro Compared
- Degiro and FreshForex Mobile App Comparison
- FreshForex vs Degiro - Awards
- FreshForex vs Degiro - Frequently Asked Questions
- What is the minimum deposit for Degiro or FreshForex
- FreshForex vs Degiro - Regulation And Licencing In More Detail
- Compare Broker Fees For FreshForex And Degiro
- What Languages Do FreshForex And Degiro Support?
- How Many Clients Do FreshForex and Degiro Have?
- What Payment Methods Do FreshForex and Degiro Accept?
- What Can You Trade With FreshForex and Degiro?