Degiro Alternatives

Category: Broker Guides | Author: Trading Brokers | Date: July 13, 2023

Are you looking for alternatives to Degiro? Well, you’ve come to the right place. Whether you’re seeking a different range of products, a more advanced trading platform, or better customer service, five outstanding brokers can suit your needs and preferences. In this article, we’ll provide an overview of Degiro, highlighting its key features and benefits. Then, we’ll dive into the exciting part – a detailed exploration of the five best alternatives to Degiro: IG, Forex.com, IC Markets, Pepperstone, and XM Group. We’ll explain why these brokers are worth considering and how they can potentially enhance your investment journey. So, get ready to discover some fantastic options that could potentially enhance your investment journey.

Overview of Degiro

Degiro is an online stock broker that offers low fees, global investing, and an innovative platform. Degiro was founded in 2008 in the Netherlands and has quickly become one of the largest brokers in Europe. It has more than 2.5 million clients across 18 countries. Degiro allows investors to trade stocks, ETFs, options, futures, bonds, funds, and more on over 50 exchanges in 30 countries. It also offers a Core Selection of ETFs that can be traded commission-free once a month. Degiro has a user-friendly and comprehensive platform that is available on web and mobile devices and it is committed to providing a secure and transparent service to its clients. Degiro is regulated by the Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). They also segregate client funds from their assets and use a separate custodian entity to hold client assets. Degiro is not a financial advisor and does not provide financial advice. Investors are responsible for their own investment decisions and should do their research before investing. Their fees and terms and conditions are clear and easy to read on its website.

Degiro Logo

Degiro is a multi-award winning, multi regulated online broker with very competitive fees and large range of products to trade on 50 exchanges, spanning across 30 different countries. They have a comprehensive range of trading tools and educational materials to assist you with making informed decisions according to your own financial goals.

Trading in financial instruments involves substantial risk of loss and is not suitable for every investor.

Best Alternative to Degiro

When exploring alternatives to Degiro, investors can consider several robust platforms that offer unique features and cater to diverse investment needs. Here are some of the best alternatives worth exploring:

IG

IG is a world leader in online trading, offering CFDs and forex trading on over 17,000 markets, including indices, shares, commodities, cryptocurrencies, and more. IG has a fast, easy-to-use web platform that allows you to trade from charts, set alerts, and access thousands of indicators and tools. IG also has award-winning apps for iOS and Android devices that let you trade on the go, as well as specialist platforms for advanced traders, such as L2 Dealer, ProRealTime, and MT4. IG also provides round-the-clock support via phone, email, and live chat, interactive education through IG Academy and webinars, and up-to-the-minute analysis from its team of global analysts and experts. IG is regulated by the Financial Conduct Authority (FCA) in the UK and by various authorities in other countries where it operates, such as the US, Australia, Singapore, and Switzerland. IG is one of the best alternatives to Degiro because it offers a wide range of markets, a user-friendly and comprehensive platform, low fees and tight spreads, excellent customer service and education, and high security and regulation.

IG Logo

IG have an impressive selection of 18,000+ instruments including Forex, Stocks, Cryptos and Commodities. You can trade via easy to use platforms for desktop and mobile apps, with low trading costs and the peace of mind that you are using one of the most well-known brokers in the industry.

71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Forex.com

Forex.com is a global forex broker that offers over 80 currency pairs, as well as CFDs on indices, commodities, metals, and cryptocurrencies. Forex.com has a powerful web trading platform that features advanced charting, customizable layouts, integrated trading tools, and market commentary. Forex.com also has a desktop platform with advanced tools for strategy development and testing, automated trading, and professional analysis. Forex.com also has mobile apps for iOS and Android devices that enable you to trade anytime and anywhere. Forex.com also provides 24/5 customer service via phone, email, and live chat, educational resources such as videos, articles, webinars, and guides, and market insights such as news, analysis, signals, and indicators. Forex.com is a trading name of StoneX Financial Ltd, which is authorized and regulated by the FCA in the UK and by other regulators in different jurisdictions, such as the US, Canada, Japan, Hong Kong, and Australia. Forex.com is one of the best alternatives to Degiro because it offers a large selection of currency pairs and CFDs, a powerful and versatile platform, competitive fees and spreads, helpful customer service and education, and strong regulation and reputation.

Forex.com Logo

Since 2001, Forex.com has been providing traders around the globe with industry leading trading conditions including user-friendly platforms, tight spreads, low commission fees, rapid trade execution speeds. The broker is regulated in multiple jurisdictions and has a huge selection of trading instruments, powerful tools and educational materials.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

IC Markets

IC Markets is an Australian forex broker that offers over 60 currency pairs, as well as CFDs on indices, commodities, stocks, bonds, and futures. IC Markets has three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. MT4 and MT5 are popular platforms that support automated trading, custom indicators, and expert advisors. cTrader is a platform designed for CFD trading that features advanced order types, level II pricing, and market depth. IC Markets also provides 24/7 customer support via phone, email, and live chat, free education through videos, tutorials, webinars, and articles, and daily market analysis from its team of analysts and traders. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). IC Markets is one of the best alternatives to Degiro because it offers a wide range of currency pairs and CFDs, a choice of trading platforms, low fees and spreads, fast execution, and liquidity, reliable customer support and education, and reputable regulation.

IC Markets Logo

IC Markets is the world’s largest true ECN trading broker offering over 2,000 trading instruments across multiple markets on the most popular trading platforms. They are a multi-regulated broker with deep liquidity pools that can provide you with rapid trade execution speeds, low spreads, low commission fees, various funding options and 24/7 support.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Pepperstone

This is another Australian forex broker that offers over 60 currency pairs, as well as CFDs on indices, commodities, cryptocurrencies, and shares. Pepperstone has two trading platforms: MT4 and cTrader. MT4 is a platform that supports automated trading, custom indicators, and expert advisors. cTrader is a platform that features advanced order types, level II pricing, and market depth. Pepperstone also provides 24/5 customer support via phone, email, and live chat, free education through videos, webinars, guides, and courses, and market news from its in-house analysts and third-party providers. Pepperstone is regulated by the ASIC and the FCA in the UK. Pepperstone is one of the best alternatives to Degiro because it offers a large selection of currency pairs and CFDs, a choice of trading platforms, low fees and spreads, fast execution, and liquidity, helpful customer support and education, and strong regulation.

Pepperstone Logo

Pepperstone are one of the largest brokers providing traders worldwide access to trade across all of the major global markets with cutting edge technology, modern platforms, low costs, high speed execution, convenient funding options and award-winning customer service.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

XM Group

XM Group is a Cyprus-based forex broker that offers over 55 currency pairs, as well as CFDs on indices, commodities, metals, energies, and stocks. XM Group has three trading platforms: MT4, MT5, and XM WebTrader. MT4 and MT5 are popular platforms that support automated trading, custom indicators, and expert advisors. XM WebTrader is a web-based platform that features advanced charting tools, one-click trading, and market news. XM Group also provides 24/5 customer support via phone, email, and live chat, free education through videos, webinars, seminars, guides, and tutorials, and market research through news, analysis, signals, and outlooks. XM Group is regulated by the Cyprus Securities and Exchange Commission (CySEC), the ASIC, the International Financial Services Commission (IFSC) of Belize, and the Dubai Financial Services Authority (DFSA). XM Group is one of the best alternatives to Degiro because it offers a wide range of currency pairs and CFDs, a choice of trading platforms, low fees and spreads, fast execution, and leverage, reliable customer support and education, and multiple regulation.

XM Logo

XM Group is a multi-award winning globally established and regulated broker that offers tight spreads, fast execution speeds and low commission fees, for trading over 1,000 instruments on user-friendly platforms. They also provide education, market analysis tools and convenient funding options.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Conclusion

In Conclusion, While Degiro is an excellent online stock broker known for its low fees, global investing opportunities, and innovative platform, it might not be the perfect fit for everyone. Depending on your requirements and preferences, it’s worth exploring other brokers that offer a diverse range of products, platforms, services, or features. In this article, we introduced you to five of the best alternatives to Degiro: IG, Forex.com, IC Markets, Pepperstone, and XM Group. These brokers provide a wide array of markets, a choice of trading platforms, competitive fees and spreads, helpful customer service and education, and strong regulatory oversight. We hope this article has aided you in finding the ideal broker for your online trading needs. Happy investing!


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