Baker Young Stockbrokers
Degiro
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Overview
Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while Degiro was established in 1934 and is based in Netherlands. Baker Young Stockbrokers holds licences including Unregulated, while Degiro is regulated by Financial Conduct Authority (FCA) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $0 at Degiro.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) |
| Founded | 2017 | 1934 |
| Country | Australia | Netherlands |
| Clients | 10,000+ | 600,000+ |
Fees
Fees are a critical factor when choosing between Baker Young Stockbrokers and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Baker Young Stockbrokers). Baker Young Stockbrokers charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. Baker Young Stockbrokers charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Baker Young Stockbrokers offers MT4, MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Baker Young Stockbrokers supports social and copy trading features, which Degiro does not offer. The two brokers are closely matched on platform offering.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Baker Young Stockbrokers and Degiro compare. Degiro has a video library; Baker Young Stockbrokers does not. Degiro integrates third-party research tools (Autochartist); Baker Young Stockbrokers does not. Degiro scores higher overall in education and research.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Baker Young Stockbrokers 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.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Baker Young Stockbrokers 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.
| Feature | Baker Young Stockbrokers | Degiro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |