eToro vs Degiro

eToro or Degiro – which is better for UK traders 2024? Compare eToro and Degiro in this detailed breakdown of their platforms, features and fees.

eToro vs Degiro Comparison Table 2024
eToro Degiro
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4.1
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1.8
eToro is ranked #11 among CFD brokers. Degiro is ranked #112 among UK brokers.
eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 51% of retail CFD accounts lose money.
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.
51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Investing involves risk of loss
Pros
  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat
  • eToro has finally introduced EUR and GBP accounts, cutting conversion fees and providing a trading experience more tailored to local needs
  • The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo
  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses
  • eToro has bolstered its investment offering, most recently with new crypto assets, now offering over 90 digital currencies
  • The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade
  • Top copy traders can receive annual payments up to 1.5% of assets under copy in the broker's Popular Investor Program
  • Exciting investment portfolios are available covering traditional market trends as well as tech, crypto and more
  • eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community
  • Low minimum deposit
  • Multiple account currencies
  • Commission-free stock trading
  • Access 50 exchanges in 30 countries
  • Beginner-friendly platform and app
  • Regulated by BaFin and FCA
  • No inactivity fee
  • 90+ global awards
  • 2+ million users
Cons
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned traders accustomed to using third-party software
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital
  • Traders will face currency conversion fees for account denominations other than USD
  • There are limited contact methods aside from the in-platform live chat
  • No copy trading
  • No demo account
  • No MT4 integration
  • No CFD trading
  • Few payment methods
Awards
  • Best Cryptocurrency Trading Platform 2022 - Finder
  • Education Materials/Program 2022 - Investment Trends
  • Best Copy Trading Platform 2021 - Ultimate Fintech Awards
  • Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards
  • Best Stockbroker 2021 - Ultimate Fintech Awards
  • Best Social Trading Platform 2019 - ADVFN International Financial Awards
  • Best Online Broker - Qualebroker 2022 (Italy)
  • Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy)
  • Best Discount Broker - Broker Chooser 2022 (UK)
  • Best Broker For Stock Trading - Broker Chooser 2022 (UK)
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs Stocks, ETFs, Bonds, Futures, Options, Warrants
Demo Account
Yes No
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
$10 Variable
Regulator
FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF BaFin, FCA, AFM
Mobile Apps
iOS & Android iOS, Android & Windows
Trading App

eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.

iOS App Rating
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4.8
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Android App Rating
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4
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Margin Trading
Yes Yes
Margin Rate
1% 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
Yes 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
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
Yes No
Copy Trading Platform
eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors.
Social Trading
Yes No
Trade Signals
Yes
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
$10 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
Commodities
  • Gold
  • Silver
  • Oil
  • Copper
  • Cotton
  • Coffee
  • Livestock
  • Wheat
  • Precious Metals
  • Platinum
  • Gasoline
  • Cocoa
  • Sugar
  • Palladium
  • Corn
  • Aluminium
  • Soybeans
  • Nickel
  • Lead
  • Iron
  • Lithium
  • Cannabis
  • Natural Gas
  • Orange Juice
  • Zinc
  • Cattle
  • Lean Hogs
  • Gasoline
  • Oil
  • Gold
  • Silver
  • Livestock
  • Copper
  • Aluminium
  • Cotton
  • Coffee
  • Cannabis
CFD
You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. DEGIRO do not offer CFDs
Leverage
1:30
FTSE Spread
1.5 N/A
GBPUSD Spread<
1.9 N/A
Oil Spread
0.05 N/A
Stocks Spread
0.57 (Apple) N/A (Flat fee applies)
Forex
An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. Degiro do not offer Forex trading
Assets
55 0
GBPUSD Spread
1.9 N/A
EURUSD Spread
0.9 N/A
EURGBP Spread
1.3 N/A
Currency Indices
  • USD
eToro Degiro
51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Investing involves risk of loss
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