B

Daw Trading

6.7/10

Degiro

7.4/10
7/10RegulationWinner9/10
8/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Daw Trading was founded in 1988 and is headquartered in USA, while Degiro was established in 1934 and is based in Netherlands. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Daw Trading serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $100 at Daw Trading and $0 at Degiro.

Degiro wins this category
FeatureDaw TradingDegiro
Min. Deposit$100$0
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)
Founded19881934
CountryUSANetherlands
Clients10,000+600,000+

Fees

Fees are a critical factor when choosing between Daw Trading and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Daw Trading). Neither broker charges withdrawal fees. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureDaw TradingDegiro
Min. Deposit$100$0
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Daw Trading offers MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Degiro edges ahead on platform breadth and functionality in our scoring.

Degiro wins this category
FeatureDaw TradingDegiro
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMetaTrader 4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Daw Trading and Degiro compare. Daw Trading runs regular live webinars; Degiro does not. Both provide video tutorials. Daw Trading publishes daily market commentary; Degiro does not. Both integrate third-party research tools. Daw Trading maintains an archive of past webinars for on-demand viewing. Daw Trading scores higher overall in education and research.

Daw Trading wins this category
FeatureDaw TradingDegiro
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Daw Trading 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
FeatureDaw TradingDegiro
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 Daw Trading 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
FeatureDaw TradingDegiro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese