Betterment
Degiro
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Betterment was founded in 2008 and is headquartered in USA, while Degiro was established in 1934 and is based in Netherlands. Betterment holds licences including Unregulated, while Degiro is regulated by Financial Conduct Authority (FCA) among others. Betterment serves 10,000+ clients worldwide; Degiro has 600,000+. Both brokers share the same minimum deposit of $0.
| Feature | Betterment | Degiro |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) |
| Founded | 2008 | 1934 |
| Country | USA | Netherlands |
| Clients | 10,000+ | 600,000+ |
Fees
Fees are a critical factor when choosing between Betterment and Degiro, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Betterment charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | Betterment | Degiro |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Betterment offers MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Betterment supports social and copy trading features, which Degiro does not offer. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Betterment | Degiro |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Mac,iPhone,iPad,WEB,Desktop | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Betterment and Degiro compare. Betterment runs regular live webinars; Degiro does not. Both provide video tutorials. Betterment publishes daily market commentary; Degiro does not. Both integrate third-party research tools. Betterment maintains an archive of past webinars for on-demand viewing. Betterment scores higher overall in education and research.
| Feature | Betterment | Degiro |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Betterment 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 | Betterment | 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 Betterment 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 | Betterment | Degiro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |