Trading212 vs Degiro
Trading212 or Degiro – which is better for UK traders 2024? Compare Trading212 and Degiro in this detailed breakdown of their platforms, features and fees.
Trading212 | Degiro |
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Trading212 is ranked #96 among CFD brokers. | Degiro is ranked #118 among UK brokers. |
Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets. |
Degiro has closed or no longer accepts UK clients.
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs. |
Investing involves risk of loss | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs | Stocks, ETFs, Bonds, Futures, Options, Warrants |
Demo Account | |
Yes | No |
Minimum Deposit | |
$1 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
FCA, CySEC, FSC | BaFin, FCA |
Mobile Apps | |
iOS & Android | iOS, Android & Windows |
Trading App | |
Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4% | |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
AutoInvest Portfolio | |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | Yes |
Custodial Account | |
No | Yes |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Engage in leveraged CFD trading across a wide array of instruments, encompassing forex, stocks, commodities, and indices. Yet while the selection of asset classes is satisfactory, the charting software and floating spreads for short-term traders fall behind that of competitors. | DEGIRO do not offer CFDs |
Leverage | |
1:30 | |
FTSE Spread | |
2.5 | N/A |
GBPUSD Spread< | |
0.00028 | N/A |
Oil Spread | |
0.4 | N/A |
Stocks Spread | |
0.2% Var | N/A (Flat fee applies) |
Forex | |
Trade over 180 major, minor, and exotic forex pairs on the Trading 212 platform, featuring floating spreads and leverage up to 1:30. It’s important to note, though, that the forex broker has a history of adjusting margin requirements without providing adequate notice. As a result, CMC Markets is a better pick for forex traders with more currency pairs and a cleaner record. | Degiro do not offer Forex trading |
Assets | |
180+ | 0 |
GBPUSD Spread | |
0.00028 | N/A |
EURUSD Spread | |
0.00015 | N/A |
EURGBP Spread | |
0.00044 | N/A |
Currency Indices | |
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Trading212 | Degiro |
Investing involves risk of loss | |
More Comparisons | |
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