SpreadCo vs Degiro, 2024 Update
SpreadCo Rating
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Degiro Rating
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Losses can exceed deposits |
Your capital is at risk |
SpreadCo vs Degiro Guide |
Read our In-Depth SpreadCo vs Degiro Review - 2024 Update
This SpreadCo vs Degiro review has been refreshed to reflect any changes for 2024 by industry experts boasting considerable financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of SpreadCo vs Degiro does not apply to all countries as follows:
SpreadCo Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare SpreadCo vs Degiro
Each platforms for online trading has certain pros and cons, and any comprehensive analysis of SpreadCo vs Degiro would not be regarded as thorough without having a fair assessment.
Examine Degiro and SpreadCo to understand how they compare against one another prior to you create an account. Conducting a comprehensive comparison helps to bring aspects in perspective so that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between SpreadCo or Degiro. Who is better in 2024?
This SpreadCo vs Degiro comparison contains the most recent information so you can easily compare Degiro against SpreadCo.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough knowledge. You will get proficient at all the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who will be transparent with you always.
Within 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 generate hefty returns. SpreadCo and Degiro are two such trading platforms which will take you along with your investment into great heights. It's important to compare SpreadCo vs Degiro until you trust them with your cash.
Our SpreadCo vs Degiro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust SpreadCo and Degiro side by side.
Our entire SpreadCo vs Degiro Review covers everything you need to know about trading with either SpreadCo or Degiro. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
SpreadCo and Degiro are both brokers that have found their way successfully into the brokerage world. In this review, we have tried to collate some of the important facets of both SpreadCo and Degiro. This review will help you to understand whether either Degiro or SpreadCo is a good fit for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Benefits of SpreadCo and Degiro Compared
SpreadCo offers a minimum deposit of $100 while Degiro has a $0 minimum deposit.
Why smaller minimum deposits are good and how SpreadCo 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.
SpreadCo has around financial instruments whilst Degiro allows you to trade around available.
The more financial instruments you can trade on the SpreadCo 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 should never want to miss out on a trading opportunity due to the limitations of SpreadCo or Degiro.
SpreadCo and Degiro Contact Details
Being able to contact a broker through many ways is vital. SpreadCo and Degiro have the following contact details and social medias that you can use.
Broker | SpreadCo | Degiro |
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Telephone Number | ||
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SpreadCo Twitter Account | Degiro Twitter Account | |
SpreadCo Facebook Page | Degiro Facebook Page | |
SpreadCo Instagram Account | Degiro Instagram Account | |
SpreadCo LinkedIn Page | Degiro LinkedIn Page | |
YouTube | SpreadCo YouTube Channel | Degiro YouTube Channel |
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Degiro and SpreadCo Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing SpreadCo and Degiro will examine whether their mobile app meets all our requirements.
We rate overall 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?
SpreadCo vs Degiro - Awards
SpreadCo vs Degiro - Frequently Asked Questions
SpreadCo vs Degiro - Headquarters And Year Of Founding
SpreadCo was founded in 2005 and has its head office in London.
Degiro was founded in 1934 and has its head office in Netherlands.
What is the minimum deposit for Degiro or SpreadCo
The minimum deposit for SpreadCo is $100.
The minimum deposit for Degiro is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both SpreadCo and Degiro are a good option.
SpreadCo vs Degiro - Regulation And Licencing In More Detail
SpreadCo is regulated by Financial Conduct Authority (FCA).
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
Both SpreadCo and Degiro have a powerful collection of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare SpreadCo vs Degiro Commission And Fees
SpreadCo and Degiro are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you're paying a spread, funding speed, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you hold a leveraged position for more than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither SpreadCo or Degiro charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by SpreadCo and Degiro are comparatively greater. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This SpreadCo vs Degiro review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For SpreadCo And Degiro
Broker | SpreadCo | Degiro |
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Minimum Deposit | $100 | $0 |
Withdrawal Fees | Yes | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | Yes | Yes |
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What Languages Do SpreadCo And Degiro Support?
Being able to chat easily with your trading broker is a key element when comparing online brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you can find the languages that both SpreadCo and Degiro offer communication in.
Broker | SpreadCo | Degiro |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do SpreadCo and Degiro Have?
Both SpreadCo and Degiro are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers SpreadCo and Degiro are active on their platform
Broker | SpreadCo | Degiro |
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Clients / Users | 10,000+ | 600,000+ |
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What Payment Methods Do SpreadCo and Degiro Accept?
SpreadCo 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 SpreadCo and Degiro
Broker | SpreadCo | Degiro |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
Find Out More |
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What Can You Trade With SpreadCo and Degiro?
SpreadCo offers trading instruments while Degiro offers 84.
Below you will find a full breakdown of what both SpreadCo and Degiro offer.
SpreadCo Review
SpreadCo vs Degiro:
Table Of Contents
- Compare SpreadCo vs Degiro
- Benefits of SpreadCo and Degiro Compared
- Degiro and SpreadCo Mobile App Comparison
- SpreadCo vs Degiro - Awards
- SpreadCo vs Degiro - Frequently Asked Questions
- What is the minimum deposit for Degiro or SpreadCo
- SpreadCo vs Degiro - Regulation And Licencing In More Detail
- Compare Broker Fees For SpreadCo And Degiro
- What Languages Do SpreadCo And Degiro Support?
- How Many Clients Do SpreadCo and Degiro Have?
- What Payment Methods Do SpreadCo and Degiro Accept?
- What Can You Trade With SpreadCo and Degiro?