B

Degiro

7.4/10

rietumu trading

8.4/10
9/10RegulationWinner10/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Degiro was founded in 1934 and is headquartered in Netherlands, while rietumu trading was established in 2011 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Degiro serves 600,000+ clients worldwide; rietumu trading has 12,000,000+. The minimum deposit is $0 at Degiro and $250 at rietumu trading.

rietumu trading wins this category
FeatureDegirorietumu trading
Min. Deposit$0$250
RegulationFinancial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F302
Founded19342011
CountryNetherlandsCyprus
Clients600,000+12,000,000+

Fees

Fees are a critical factor when choosing between Degiro and rietumu trading, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $250 at rietumu trading). Neither broker charges withdrawal fees. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureDegirorietumu trading
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Degiro offers MT4, MT5, cTrader, while rietumu trading supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. rietumu trading supports social and copy trading features, which Degiro does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureDegirorietumu trading
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, 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 rietumu trading compare. rietumu trading runs regular live webinars; Degiro does not. Both provide video tutorials. rietumu trading publishes daily market commentary; Degiro does not. Both integrate third-party research tools. rietumu trading maintains an archive of past webinars for on-demand viewing. rietumu trading scores higher overall in education and research.

rietumu trading wins this category
FeatureDegirorietumu trading
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

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 rietumu trading supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). rietumu trading uniquely supports PayPal and Skrill and Neteller among the two brokers. rietumu trading scores higher on deposit and withdrawal flexibility.

rietumu trading wins this category
FeatureDegirorietumu trading
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Degiro and rietumu trading offer live chat support. Both provide phone support. Email support is available at both brokers. Degiro supports 2 languages and rietumu trading supports 8, giving rietumu trading broader global reach. Both brokers are comparable on support quality.

Tied
FeatureDegirorietumu trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic