B

Degiro

7.4/10
Etrade logo

Etrade

7.1/10
9/10WinnerRegulation5/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Degiro was founded in 1934 and is headquartered in Netherlands, while Etrade was established in 2012 and is based in United States. Degiro holds licences including Financial Conduct Authority (FCA), while Etrade is regulated by Securities and Exchange Commission (SEC) among others. Degiro serves 600,000+ clients worldwide; Etrade has 10,000+. The minimum deposit is $0 at Degiro and $100 at Etrade.

Degiro wins this category
FeatureDegiroEtrade
Min. Deposit$0$100
RegulationFinancial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Founded19342012
CountryNetherlandsUnited States
Clients600,000+10,000+

Fees

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

Degiro wins this category
FeatureDegiroEtrade
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Tied
FeatureDegiroEtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Education & Research

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

Etrade wins this category
FeatureDegiroEtrade
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

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

Tied
FeatureDegiroEtrade
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 Degiro and Etrade 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
FeatureDegiroEtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese