Degiro
Xtrade
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while Xtrade was established in 2003 and is based in Australia. Degiro holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Degiro serves 600,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $0 at Degiro and $1 at Xtrade.
| Feature | Degiro | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| 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 | 2003 |
| Country | Netherlands | Australia |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and Xtrade, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Xtrade). Neither broker charges withdrawal fees. Xtrade charges deposit fees; Degiro does not. The two brokers are broadly comparable on fee structure.
| Feature | Degiro | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Degiro offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Degiro | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and Xtrade compare. Degiro has a video library; Xtrade does not. Degiro integrates third-party research tools (Autochartist); Xtrade does not. Degiro scores higher overall in education and research.
| Feature | Degiro | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| 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 uniquely supports bank transfer and credit/debit card among the two brokers. Degiro scores higher on deposit and withdrawal flexibility.
| Feature | Degiro | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Degiro and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Degiro offers multilingual support. Both brokers are comparable on support quality.
| Feature | Degiro | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |