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DEGIRO vs Revolut Trading: 2024 Comparison

Franklin Silva| Updated May 21st, 2024

Are you confused about whether to choose DEGIRO or Revolut Trading as a broker for your investing needs?

In this side-by-side comparison, we analyse DEGIRO and Revolut Trading to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

DEGIRO vs Revolut Trading: 2024 Comparison 1
Visit DEGIROAsset 3

Investing involves risk of loss.

Ideal for
Low-cost trading from Europe

DEGIRO is a European low-cost brokerage firm that has become very popular due to its low rates! With over 2.5 million users, the platform has become widely known for its “do-it-yourself” philosophy.

It offers a wide range of financial assets to trade, including stocks, ETFs (check the list of free ETFs), bonds, options, futures contracts, warrants, investment funds, and some leveraged products.

The mobile app and web trading platform are basic but very efficient and straightforward to use. Some downsides are the absence of any significant fundamental research and the lack of pricing alerts.

Ideal for
European beginner investors looking for quick exposure to US stocks

Revolut was created to disrupt the banking industry by reducing and removing fees associated with the traditional banking system.

It also offers other financial services, namely the possibility of buying US stocks, cryptocurrencies, and precious metals (Gold and Silver).

The quick access to investment products, combined with low commissions, remains the most engaging differential that enables Revolut to stand out from its competitors.

Pros and Cons

Pros

  • List of commission-free ETFs available
  • User-friendly web and mobile app
  • Wide range of investment options
  • Education material: Investor’s Academy and Investing with DEGIRO
  • Low overall commission structure
  • No account opening, inactivity, or withdrawal fee

Cons

  • 0.25% currency conversion fee (charged if you deposit or invest in a different currency than your base currency)
  • €/£1 flat handling fee (charged in most transactions)
  • €/£2.50 of connectivity fee (paid annually), per exchange where you’re invested
  • Does not offer Forex, CFDs, and Cryptos
  • No demo account
  • Little research
  • Low-quality customer support

Pros

  • Simple trading platform
  • Easy account opening process
  • At least, one free trade per month
  • Low trading commissions
  • No inactivity fee

Cons

  • Low product offering (ETFs and other financial products are missing)
  • Investments not covered by the Financial Services Compensation Scheme
  • Annual custody fee of 0.12%
DEGIRO vs Revolut Trading: 2024 Comparison 3
DEGIRO vs Revolut Trading: 2024 Comparison 4
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on uninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • DEGIROAsset 3

    Investing involves risk of loss.

  • General Information
  • Founded in2008
  • Demo Account
  • Account Minimum€/£1
  • Interest on uninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/£1**+ €/£1 flat handling fee
  • EU stocks€/£3.90**+ €/£1 flat handling fee
  • ETFsETF Core List: €/£0 (+€/£1 flat handling fee)**Other ETFs: €/£2 (+€/£1 flat handling fee)
  • Cryptocurrencies-
  • Custody Fee€/£0
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£2.50
  • Currency Conversion Fee0.25%
  • Security
  • RegulatorsAFM, DNB
  • Investor Compensation Scheme(per person, per institution)

    Securities: up to €20,000 (from non-returned assets up to 90%)
    Cash balance: up to €100,000

  • Revolut TradingAsset 3
  • General Information
  • Founded in2019
  • Demo Account
  • Account Minimum€/£1
  • Interest on uninvested cash (annually)Revolut US: Up to 4.25% in USD; Revolut International: 0%
  • Products
  • Stocks
  • ETFs*Only for accounts under Revolut Securities Europe UAB.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksOne free trade per month**Afterwards, it varies according to your country of residency.
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • Cryptocurrencies1.99% or EUR 0.99, whichever is higher
  • Custody Fee0.12% annually
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0% up to €/£1,000 per month**0.40% above the €/£1,000 of free allowance.
  • Security
  • RegulatorsSEC, FCA (as an AR), Bank of Lithuania
  • Investor Compensation Scheme(per person, per institution)
    Europe: 22k per investor for cash and investments;
    US and UK: up to 500k USD under SIPC.
Franklin Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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