Degiro
freetrade
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while freetrade was established in 2016 and is based in United Kingdom. Degiro holds licences including Financial Conduct Authority (FCA), while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. Degiro serves 600,000+ clients worldwide; freetrade has 890,000+. Both brokers share the same minimum deposit of $0.
| Feature | Degiro | freetrade |
|---|---|---|
| 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. Registered in England and Wales (no. 09797821) |
| Founded | 1934 | 2016 |
| Country | Netherlands | United Kingdom |
| Clients | 600,000+ | 890,000+ |
Fees
Fees are a critical factor when choosing between Degiro and freetrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Degiro | freetrade |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro offers MT4, MT5, cTrader, while freetrade supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. freetrade supports social and copy trading features, which Degiro does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Degiro | freetrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and freetrade compare. freetrade runs regular live webinars; Degiro does not. Both provide video tutorials. freetrade publishes daily market commentary; Degiro does not. Both integrate third-party research tools. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.
| Feature | Degiro | freetrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 freetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | Degiro | freetrade |
|---|---|---|
| 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 freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Degiro supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | Degiro | freetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |