B

Abshire Smith

5/10

Degiro

7.4/10
7/10RegulationWinner9/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Degiro was established in 1934 and is based in Netherlands. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $500 at Abshire Smith and $0 at Degiro.

Degiro wins this category
FeatureAbshire SmithDegiro
Min. Deposit$500$0
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)
Founded19971934
CountryUnited kingdomNetherlands
Clients10,000+600,000+

Fees

Fees are a critical factor when choosing between Abshire Smith and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureAbshire SmithDegiro
Min. Deposit$500$0
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Abshire Smith offers MT4, MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Abshire Smith supports social and copy trading features, which Degiro does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAbshire SmithDegiro
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMetaTrader 4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Degiro compare. Degiro has a video library; Abshire Smith does not. Degiro integrates third-party research tools (Autochartist); Abshire Smith does not. Degiro scores higher overall in education and research.

Degiro wins this category
FeatureAbshire SmithDegiro
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Degiro supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAbshire SmithDegiro
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and Degiro offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAbshire SmithDegiro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese