Comparison DEGIRO vs Interactive Brokers

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares DEGIRO vs Interactive Brokers. Is DEGIRO or Interactive Brokers 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 Interactive Brokers has a commission fee of $0.005. Let’s analyze the commission fees on trading options. DEGIRO has a commission fee of 4, Interactive Brokers has a commission fee of $0 + $0.70 per contract. Now, let’s compare commission fees in Forex, the commission fee of DEGIRO is 5, and the commission fee of Interactive Brokers is 0.20 basis points. For a more complete picture, let’s consider trading in the metal market, where DEGIRO and Interactive Brokers have commission fees of - and 0.15 basis points, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Interactive Brokers. As for platforms, DEGIRO offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. And Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. Withdrawal of funds from DEGIRO can be done using Bank Wire with a withdrawal fee of 0. And Interactive Brokers provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. The time for withdrawal in DEGIRO is 1-2 business days, and that one in Interactive Brokers is 3-5 days.

As a result, the rating of DEGIRO is 4.1 stars versus that of Interactive Brokers of 4.1 stars.