DEGIRO vs Interactive Brokers
vs
| DEGIRO | Interactive Brokers |
|---|---|
1.8
|
4.3
Interactive Brokers is #1 in our CFD broker rankings. |
 Traders from US not accepted
|
Traders from US accepted |
|
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs. |
Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. |
| Investing involves risk of loss | |
| Customer Reviews | |
|
4
Based on 2 Interactive Brokers customer reviews
|
|
| Comment by Reviewer | |
| "Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs." | "Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Stocks, ETFs, Bonds, Futures, Options, Warrants | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| Variable | $100 |
| Regulator | |
| BaFin, FCA, AFM | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 4% | 1.55 - 2.59% |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| App Review | |
The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. |
|
| Android App Rating | |
4.5 |
|
| iOS App Rating | |
4.3 |
|
| Auto Trading | |
| Capitalise.ai & TWS API | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | Yes |
| Custodial Account | |
| Yes | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. |
| Leverage | |
| 1:50 | |
| FTSE Spread | |
| N/A | 0.005% (£1 Min) |
| GBPUSD Spread | |
| N/A | 0.08-0.20 bps x trade value |
| Oil Spread | |
| N/A | 0.25-0.85 |
| Stocks Spread | |
| N/A (Flat fee applies) | 0.003 |
| Forex Trading | |
| Forex trading not offered | IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and 20 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. |
| GBPUSD Spread | |
| N/A | 0.08-0.20 bps x trade value |
| EURUSD Spread | |
| N/A | 0.08-0.20 bps x trade value |
| EURGBP Spread | |
| N/A | 0.08-0.20 bps x trade value |
| Assets | |
| 100+ | |
| Cryptocurrency | |
| Crypto trading not offered | IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. |
| Spread | |
| 0.12%-0.18% | |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| Investing involves risk of loss | |