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Broker comparison

Interactive Brokers vs DEGIRO

A practical comparison for investors choosing between global platform depth and a simpler European brokerage workflow.

Reader path

Start with your actual decision

Fees

Use the fee snapshot and key differences before opening an account.

Safety

Check entity, product type and investor protection before funding.

Fit

Use winner by category and choose-if sections to avoid brand-only decisions.

Quick verdict

Which broker should you choose?

Interactive Brokers is usually stronger for global market access, multi-currency portfolios, advanced tools and active investors. DEGIRO is often easier to understand for European stock and ETF investors who want a more traditional broker experience without the full complexity of IBKR.

Interactive Brokers

9.1/10

Best for experienced investors who need global markets low costs and advanced tools.

Read full review

DEGIRO

8.3/10

Best for self-directed European stock and ETF investors who want broad exchange access and will verify country-specific costs.

Read full review
Editorial comparison snapshot

Fee, product and fit signals

This is StockTrade editorial comparison data, not live market data. Use it to narrow the broker fit, then verify current fees, products and account terms with the broker before opening an account.

Best fit for Interactive Brokers

Global investors, larger portfolios, multi-currency accounts, advanced order tools and broad market access.

Best fit for DEGIRO

European stock and ETF investors who want a simpler exchange-based broker workflow and can manage fee details.

Fee control for large portfolios
Interactive Brokers

Interactive Brokers gives sophisticated users more control over routing, currencies and account setup.

Global market access
Interactive Brokers

Interactive Brokers is stronger for international exchanges, multi-asset access and advanced account control.

European ETF simplicity
DEGIRO

DEGIRO can be easier for European investors who mainly buy stocks and UCITS ETFs.

Advanced tools
Interactive Brokers

IBKR has deeper order types, platform controls, market data and professional workflows.

Verify before funding
  • Compare total cost for your usual trade size: commission, FX, custody/connectivity and transfer fees.
  • Check whether you need global markets and multi-currency tools or mainly European stocks and UCITS ETFs.
  • Confirm the legal entity, investor protection and tax-reporting practicality in your country.
Winner by category

Where each broker is stronger

Global market access
Interactive Brokers

Interactive Brokers is stronger for international exchanges, multi-asset access and advanced account control.

European ETF simplicity
DEGIRO

DEGIRO can be easier for European investors who mainly buy stocks and UCITS ETFs.

Advanced tools
Interactive Brokers

IBKR has deeper order types, platform controls, market data and professional workflows.

Learning curve
DEGIRO

DEGIRO is generally less intimidating for ordinary buy-and-hold investors.

Fee control for large portfolios
Interactive Brokers

Interactive Brokers gives sophisticated users more control over routing, currencies and account setup.

Safety check
Tie

Both require checking the exact legal entity, custody setup and investor protection for your country.

Choose Interactive Brokers if
  • You want very broad international stock, ETF, options, futures and bond access.
  • You manage multiple currencies or a larger portfolio where fee control matters.
  • You are comfortable with a more powerful but more complex platform.
Choose DEGIRO if
  • You mainly want European stock and ETF access with a more traditional broker interface.
  • You prefer a simpler workflow and do not need every global market or advanced order tool.
  • You can read DEGIRO fee schedules carefully before trading.
Side by side

Key differences

Best for
Interactive Brokers

Global investors, larger portfolios, multi-currency accounts, advanced order tools and broad market access.

DEGIRO

European stock and ETF investors who want a simpler exchange-based broker workflow and can manage fee details.

Rating
Interactive Brokers

9.1/10

DEGIRO

8.3/10

Assets
Interactive Brokers

Stocks / ETFs / Options / Futures / CFDs available / FX available

DEGIRO

Stocks / ETFs / Options / Futures

Platforms
Interactive Brokers

Web / iOS / Android / Desktop

DEGIRO

Web / iOS / Android

Main fee check
Interactive Brokers

IBKR Pro US stocks and ETFs: USD 0.0005–0.0035 per share tiered or USD 0.005 fixed; eligible IBKR Lite USD 0

DEGIRO

UK schedule: US shares EUR 1 + EUR 1 handling; LSE shares GBP 1.75 + GBP 1 handling; taxes and external costs may apply

Account minimum
Interactive Brokers

Usually USD 0 for standard individual brokerage accounts; product and entity exceptions apply

DEGIRO

Usually no stated general minimum; country and product rules apply

Regulation
Interactive Brokers

Entity-specific including Interactive Brokers LLC under SEC/CFTC and FINRA/NFA/SIPC; IBUK under FCA; IB Ireland under CBI

DEGIRO

flatexDEGIRO Bank Dutch Branch is the Dutch branch of flatexDEGIRO Bank SE; BaFin is the primary bank supervisor, and the branch is registered with DNB and supervised by AFM and DNB

Investor protection
Interactive Brokers

Entity and product specific; SIPC and excess SIPC figures apply only to eligible Interactive Brokers LLC securities accounts

DEGIRO

Separate SPV custody; eligible Cash Account money under the German Deposit Guarantee Scheme up to EUR 100,000; eligible non-returned assets under the German Investor Compensation Scheme at 90% up to EUR 20,000; UK FSCS does not apply

Before choosing

Checks that matter more than the brand

  • Compare total cost for your usual trade size: commission, FX, custody/connectivity and transfer fees.
  • Check whether you need global markets and multi-currency tools or mainly European stocks and UCITS ETFs.
  • Confirm the legal entity, investor protection and tax-reporting practicality in your country.
  • Choose the broker whose complexity level you can use consistently without mistakes.
Decision framework

How to make the comparison useful

Cost test

Price the trades you will actually place. Include FX conversion, spreads, custody or platform charges, transfer-out fees and any margin or overnight funding costs before calling either broker cheaper.

Product test

Confirm whether the account gives you real stocks and ETFs, CFDs, options, cash products or another instrument. The safer-looking brand can still be the wrong choice if the product type does not match your plan.

Behavior test

Choose the platform that makes your intended behavior easier. If extra charts, leverage, social feeds or options prompts would push you into unnecessary trading, a simpler broker may be the better fit.

FAQ

Common decision questions

Is Interactive Brokers or DEGIRO better for beginners?

The better beginner choice depends on what would help you invest consistently without taking products you do not understand. Compare account type, real stocks and ETFs, fees, FX conversion, investor protection and platform complexity before choosing between Interactive Brokers and DEGIRO.

Which is cheaper, Interactive Brokers or DEGIRO?

There is no universal cheapest broker. The real cost depends on your country, trade size, asset currency, ETF availability, inactivity rules, transfer fees and whether the instrument is a real asset or a CFD. Always compare the fee schedule for the trades you actually plan to make.

Can I use this comparison as personal financial advice?

No. This comparison is editorial research to help you ask better questions. It is not personal financial advice, and broker terms can change. Check official broker documents before opening or funding an account.

Red flags

Do not skip these checks

  • Do not choose Interactive Brokers if platform complexity would make you place wrong orders or avoid investing.
  • Do not choose DEGIRO without checking exchange connectivity, FX, handling and transfer fees.
  • Confirm whether the ETF you want is available to retail clients in your country.
  • Check tax statements and account reports before relying on either broker for local filing.
Sources and methodology

What this comparison is based on

Source notes
  • Interactive Brokers official pricing, account protection and product-access materials.
  • DEGIRO official fee schedule, connectivity fee, product and protection information.
  • StockTrade broker reviews and ratings currently stored in the admin database.

Last checked: May 2026. Ratings weigh fees, regulation, investor protection, platform quality, asset access, usability and reliability. Affiliate relationships do not affect ratings.