Comparison DEGIRO vs Firstrade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs Firstrade. Which of them: DEGIRO or Firstrade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of DEGIRO on regular transactions of the stock exchange is 4, and Firstrade has a commission fee of $0. Let’s analyze the commission fees on trading options. DEGIRO has a commission fee of 4, Firstrade has a commission fee of $0. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are DEGIRO provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, and Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. Concerning the platforms, DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Firstrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. DEGIRO was established in 2013 in Netherlands, and it is regulated by AFM, DNB. And Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. And Firstrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $30 domestic US, $50 international. The withdrawal time for DEGIRO is 1-2 business days, and that one for Firstrade is 2-3 business days.
Overall, DEGIRO boasts 4.1 stars versus Firstrade 3.9 stars.