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DEGIRO vs Trading 212: 2024 Comparison

Franklin Silva| Updated January 3rd, 2024

Are you confused about whether to choose DEGIRO or Trading 212 as a broker for your investing needs?

In this side-by-side comparison, we analyse DEGIRO and Trading 212 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 Trading 212: 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.

DEGIRO vs Trading 212: 2024 Comparison 2
Visit Trading 212Asset 3

Investing involves risk of loss.

Ideal for
Commission-free stock and ETF trading

Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple web and mobile application.

The company aims to do this by allowing its more than 15 million users to invest in over 10,000 stocks and ETFs, Forex, commodities, CFDs, and cryptocurrencies.

You will find commission-free stocks and ETFs trading, fractional shares, and even an automatic investment system. New users get one free share worth up to €100 (promo code IITW). On the downside, it shows limitations regarding available products.

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

  • Commission-free Real Stocks and ETFs trading
  • AutoInvest & Pies feature
  • Fast and easy account opening process
  • Demo account
  • Top Tier Regulators
  • One free share worth up to €100 using the promo code "IITW"

Cons

  • Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
  • No relevant Fundamental tools
  • Spreads on Forex CFDs may be high in certain trading hours
  • Foreign exchange fees (0.15% and 0.50% in “Invest” and “CFDs” accounts, respectively)
DEGIRO vs Trading 212: 2024 Comparison 3
DEGIRO vs Trading 212: 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

  • Trading 212Asset 3

    Investing involves risk of loss.

  • General Information
  • Founded in2004
  • Demo Account
  • Account Minimum€/£10
  • Interest on uninvested cash (annually)EUR: 4.20%; USD: 5.10%; GBP: 5.00%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, Indices, Currencies and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/£0
  • EU stocks€/£0
  • ETFs€/£0
  • CryptocurrenciesNot Applicable
  • Custody Fee€/£0
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0.15%**0.50% in CFDs trading.
  • Security
  • RegulatorsFCA, CySEC and FSC.
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000.

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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