XTB vs Degiro

Compare XTB vs Degiro Side by Side

Trying to choose between XTB vs Degiro to see which broker aligns better with your trading strategy? Our analysis between XTB Review and Degiro Review involves an in-depth comparison of various aspects such as trading fees, commissions, safety measures, licensing, the selection of trading platforms, available instruments, deposit and withdrawal methods, and other crucial factors.

Both XTB vs Degiro are well-regulated and hold Top-Tier licenses. XTB is regulated by reputable financial authorities like FCA and CySEC, ensuring a high level of investor protection.

On the other hand, Degiro is licensed by German BaFin, as well as by the Netherlands AFM and the Dutch Central Bank (DNB).

XTB operates as a Straight Through Processing (STP) broker, which means that it processes clients’ orders without intervention, sending them directly to liquidity providers in the market.

Degiro, as a Stock Trading broker, employs a direct market access (DMA) model, allowing investors direct access to financial markets and potentially achieving faster order execution.

When evaluating XTB vs Degiro trading conditions, we found that XTB offers favorable trading conditions with a diverse range of trading instruments, and good trading tools including advanced charting tools and technical analysis features, catering to various Forex trading strategies.

Degiro, on the other hand, as an Investment broker, may lack some advanced trading features compared to XTB but is a suitable choice for investors by providing valuable insights to help them make well-informed investment decisions.

XTB tends to have competitive trading fees based on tight spreads with the cost varying depending on the chosen account type and the specific asset being traded. Degiro, as a stock trading broker, is known for its low fees based on commissions, especially for long-term investors, although traders should be aware of potential additional costs such as currency conversion fees.

XTB offers various account types, including Standard, Pro, and Islamic accounts, with differences in spreads, commissions, and features tailored to different trading styles. Degiro offers four account types: Basic, Active, Trader, and Day Trader, tailored to diverse investor preferences.

Both XTB and Degiro offer a wide range of trading products. XTB offers a diverse range of financial instruments, including Forex, CFDs, indices, commodities, and cryptocurrencies, providing a comprehensive selection for various trading strategies.

Degiro as a Stock trading broker offers stocks, bonds, options, ETFs, etc., appealing to investors seeking a variety of investment products.

XTB offers a robust and user-friendly proprietary trading platform in addition to MT4, providing advanced charting tools and features that cater to both novice and seasoned traders. Degiro offers a simple and intuitive platform, suitable for both traders and experienced investors, with a focus on low-cost trading and direct market access.

We found that XTB supports various funding methods, including bank transfers, credit/debit cards, and e-wallets, offering flexibility for traders to choose their preferred deposit option. Degiro primarily relies on bank transfers for funding, providing a straightforward but somewhat limited range of options compared to XTB.

Based on our research, XTB provides comprehensive customer support and educational resources, offering live chat, phone support, and a variety of educational materials to assist traders at different skill levels.

Degiro, while having responsive customer support, may have fewer educational resources, making it more suitable for self-directed investors with prior market knowledge.

Conclusion on Degiro vs XTB

In conclusion, XTB stands out with its diverse range of trading products, competitive fees, and robust platform, making it a solid choice for traders of all levels. On the other hand, Degiro, while offering cost-effective trading, may be more appealing to those focusing on long-term investments and seeking a straightforward platform.

However, the choice between them ultimately depends on individual trading preferences and goals.

• XTB —  Best Broker for a Wide Range of Trading Instruments and a User-Friendly Platform, suitable for both beginners and experienced traders.
• Degiro —  Best European Broker for Investing, offering a cost-effective trading platform with a diverse selection of trading products.