B

Degiro

7.4/10
VPE Bank logo

VPE Bank

6.8/10
9/10RegulationTied9/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Degiro was founded in 1934 and is headquartered in Netherlands, while VPE Bank was established in 2008 and is based in Germany. Degiro holds licences including Financial Conduct Authority (FCA), while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Degiro serves 600,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $0 at Degiro and $5000 at VPE Bank.

Degiro wins this category
FeatureDegiroVPE Bank
Min. Deposit$0$5000
RegulationFinancial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded19342008
CountryNetherlandsGermany
Clients600,000+10,000+

Fees

Fees are a critical factor when choosing between Degiro and VPE Bank, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at VPE Bank). VPE Bank charges withdrawal fees while Degiro does not, giving Degiro an edge for frequent withdrawers. VPE Bank applies inactivity fees on dormant accounts; Degiro does not. VPE Bank charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureDegiroVPE Bank
Min. Deposit$0$5000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

Tied
FeatureDegiroVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Degiro and VPE Bank compare. VPE Bank runs regular live webinars; Degiro does not. Both provide video tutorials. VPE Bank publishes daily market commentary; Degiro does not. Both integrate third-party research tools. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.

VPE Bank wins this category
FeatureDegiroVPE Bank
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

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 VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureDegiroVPE Bank
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Degiro and VPE Bank 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.

Tied
FeatureDegiroVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese