eToro vs Degiro, Updated for 2022
Read our In-Depth eToro vs Degiro Review - Updated for 2022
This eToro vs Degiro review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs Degiro review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Degiro
Every online trading system will have some pros and cons, and no eToro and Degiro review would be complete without showing both sides. Compare eToro and Degiro to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between eToro or Degiro. Who is better in 2022?
Our eToro vs Degiro comparison contains the most recent information so you can easily compare Degiro against eToro.
If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You will get adept at all of the concepts of broker since you keep trading. For starters, you need to choose the right broker who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. eToro and Degiro are just two such companies that will take you along with your investment into great heights. It's important that you compare eToro vs Degiro until you trust them with your money.
Our eToro vs Degiro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Degiro side by side.
Our entire eToro vs Degiro Review covers everything you will need to learn about trading with either eToro or Degiro. A good broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
eToro and Degiro are both brokers which have found their way successfully to the brokerage world. In this review, we've tried to collate some of the important facets of both eToro and Degiro. This review will allow you to know whether either Degiro or eToro is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of eToro and Degiro Compared
eToro offers a minimum deposit of $50 while Degiro has a $0 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro has around 100 financial instruments whilst Degiro allows you to trade around 100 on their platform.
The more instruments you can trade on the eToro and Degiro 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 seriously do not want to miss out on a trading opportunity due to the limitations of eToro or Degiro.
eToro and Degiro Contact Details
Being able to contact your broker simply is a sign of a professional broker. eToro and Degiro have the following contact details and social medias that you can use.
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| Broker | eToro | Degiro |
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| support@etoro.com | ||
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
| eToro Twitter Account | Degiro Twitter Account | |
| eToro Facebook Page | Degiro Facebook Page | |
| eToro Instagram Account | Degiro Instagram Account | |
| eToro LinkedIn Page | Degiro LinkedIn Page | |
| YouTube | eToro YouTube Channel | Degiro YouTube Channel |
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Degiro and eToro 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 eToro and Degiro 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 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. 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?
eToro vs Degiro - Awards
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| Broker | eToro | Degiro |
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eToro have won many industry awards over the years they have been running as a financial broker. We list the most recognised awards for eToro 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. |
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eToro vs Degiro - Frequently Asked Questions
eToro vs Degiro - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
Degiro was founded in 1934 and has its headquaters in Netherlands.
What is the minimum deposit for Degiro or eToro
The minimum deposit for eToro is $50.
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 eToro and Degiro are a good choice.
eToro vs Degiro - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
Both eToro and Degiro have a powerful collection of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs Degiro Commission And Fees
eToro and Degiro are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
But this doesn't 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 primarily three types of fees for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, financing rate, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those who are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither eToro or Degiro charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by eToro and Degiro are relatively higher. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.
This eToro vs Degiro review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And Degiro
What Languages Do eToro And Degiro Support?
Being able to talk easily with your online platform is a key element when comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both eToro and Degiro offer communication in.
How Many Clients Do eToro and Degiro Have?
Both eToro and Degiro are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers eToro and Degiro have
What Payment Methods Do eToro and Degiro Accept?
eToro 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 eToro and Degiro
What Can You Trade With eToro and Degiro?
eToro offers 100 trading instruments and Degiro offers 84.
Below you will find a full breakdown of what both eToro and Degiro offer.
Compare eToro To All Other Brokers
Compare Degiro To All Other Brokers