Degiro
ForexVox
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while ForexVox was established in 2019 and is based in UK. Degiro holds licences including Financial Conduct Authority (FCA), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. Degiro serves 600,000+ clients worldwide; ForexVox has 10,000+. Both brokers share the same minimum deposit of $0.
| Feature | Degiro | ForexVox |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 1934 | 2019 |
| Country | Netherlands | UK |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and ForexVox, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. ForexVox charges withdrawal fees while Degiro does not, giving Degiro an edge for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | Degiro | ForexVox |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which Degiro does not offer. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Degiro | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and ForexVox compare. ForexVox runs regular live webinars; Degiro does not. Both provide video tutorials. ForexVox publishes daily market commentary; Degiro does not. Degiro integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | Degiro | ForexVox |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ForexVox uniquely supports PayPal and Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | Degiro | ForexVox |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Degiro and ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. Degiro supports 2 languages and ForexVox supports 4, giving ForexVox broader global reach. Both brokers are comparable on support quality.
| Feature | Degiro | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Indonesian, Malaysian |