Comparison DEGIRO vs eToro
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs eToro. Which of them: DEGIRO or eToro a better online broker?
First of all, we’ll compare the commission fees of the two brokers. DEGIRO has a commission fee of 4, and eToro has a commission fee of 0.09% spread per side. Now, let’s compare commission fees in Forex, the commission fee of DEGIRO is 5, and the commission fee of eToro is from 3 pips. When analyzing commission fees in CFD: DEGIRO provides 4, and eToro provides from 0.09%. For a more complete picture, let’s consider trading in the metal market, where DEGIRO and eToro have commission fees of - and from 2 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are DEGIRO provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, and eToro provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, DEGIRO offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while eToro offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. DEGIRO was established in 2013 in Netherlands, and it is regulated by AFM, DNB. And eToro was established in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. And eToro provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. The time for withdrawal in DEGIRO is 1-2 business days, and that one in eToro is within 1 business day.
Overall, DEGIRO boasts 4.1 stars versus eToro 4.4 stars.