Degiro
Forex EE
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while Forex EE was established in 2008 and is based in Grenadines. Degiro holds licences including Financial Conduct Authority (FCA), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Degiro serves 600,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $0 at Degiro and $100 at Forex EE.
| Feature | Degiro | Forex EE |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | Ministry of Economic Affairs in Estonia |
| Founded | 1934 | 2008 |
| Country | Netherlands | Grenadines |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and Forex EE, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Forex EE). Forex EE charges withdrawal fees while Degiro does not, giving Degiro an edge for frequent withdrawers. Overall, Degiro scores higher on fees in our assessment.
| Feature | Degiro | Forex EE |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Degiro | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and Forex EE compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Degiro | Forex EE |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Degiro | Forex EE |
|---|---|---|
| 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 Degiro and Forex EE 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 | Degiro | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |