Degiro
OptionWeb
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while OptionWeb was established in 2012 and is based in Cyprus. Degiro holds licences including Financial Conduct Authority (FCA), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Degiro serves 600,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $0 at Degiro and $200 at OptionWeb.
| Feature | Degiro | OptionWeb |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1934 | 2012 |
| Country | Netherlands | Cyprus |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and OptionWeb, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $200 at OptionWeb). Neither broker charges withdrawal fees. Overall, Degiro scores higher on fees in our assessment.
| Feature | Degiro | OptionWeb |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro offers MT4, MT5, cTrader, while OptionWeb 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 | OptionWeb |
|---|---|---|
| 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 | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and OptionWeb compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Degiro | OptionWeb |
|---|---|---|
| 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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Degiro | OptionWeb |
|---|---|---|
| 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 OptionWeb 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 | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |