Degiro
FreshForex
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while FreshForex was established in 2004 and is based in Russia. Degiro holds licences including Financial Conduct Authority (FCA), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. Degiro serves 600,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $0 at Degiro and $1 at FreshForex.
| Feature | Degiro | FreshForex |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | SVGFSA 20623 IBC 2012 |
| Founded | 1934 | 2004 |
| Country | Netherlands | Russia |
| Clients | 600,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between Degiro and FreshForex, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $1 at FreshForex). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Degiro | FreshForex |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Degiro offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. Degiro offers a mobile trading app; mobile availability for FreshForex is limited. FreshForex supports social and copy trading features, which Degiro does not offer. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Degiro | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MetaTrader 4 | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and FreshForex compare. FreshForex runs regular live webinars; Degiro does not. Both provide video tutorials. FreshForex publishes daily market commentary; Degiro does not. Degiro integrates third-party research tools (Autochartist); FreshForex does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | Degiro | FreshForex |
|---|---|---|
| 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 FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). FreshForex uniquely supports Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | Degiro | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. Degiro supports 2 languages and FreshForex supports 1, giving Degiro broader global reach. Both brokers are comparable on support quality.
| Feature | Degiro | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |