Skip to main content

DEGIRO vs Scalable Capital: 2024 Comparison

Franklin Silva| Updated January 3rd, 2024

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

In this side-by-side comparison, we analyse DEGIRO and Scalable Capital 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 Scalable Capital: 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
Commission-free savings plans

Scalable Capital is an online broker (“Do-it-yourself” service) and Europe’s largest Robo-Advisor.

They help investors invest in stocks, ETFs and cryptocurrencies by themselves and also help investors get a personalized, globally diversified, and fully managed portfolio.

It is regulated by the BaFin, the Federal Financial Supervisory Authority in Germany. It is supervised by both BaFin and the Deutsche Bundesbank.

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

  • Stocks and ETFs commission-free (in PRIME Broker)
  • €1 minimum deposit
  • Interest on idle cash
  • No custody fee
  • Regulated by Bafin

Cons

  • No access to US stock exchanges
  • No fractional shares
  • Limited crypto available
  • €3.99 per trade on Xetra
DEGIRO vs Scalable Capital: 2024 Comparison 3
DEGIRO vs Scalable Capital: 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

  • Scalable CapitalAsset 3
  • General Information
  • Founded in2014
  • Demo Account
  • Account Minimum€1**Online broker. For Robo-advisor: €20 monthly or a lump sum of €1,000.
  • Interest on uninvested cash (annually)EUR: 2.60%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies*Crypto ETPs
  • Commodities*Via ETCs.
  • Fees
  • US stocks-
  • EU stocksUp to €3.99
  • ETFsUp to €3.99
  • Cryptocurrencies0.99%**Spread surcharge.
  • Custody Fee€0
  • Inactivity Fee€0
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsBaFin
  • Investor Compensation Scheme(per person, per institution)Up to €100,000 for cash; Up to €20,000 for financial assets. **From non-returned assets up to 90%.
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.

linkedin
youtube