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DEGIRO vs eToro 2023

StockBrokers.com

Written by StockBrokers.com

November 17, 2022

Is DEGIRO better than eToro? After scoring the best share dealing accounts across 46 different variables, DEGIRO is better than eToro. Despite a subpar trading platform, DEGIRO offers cheap stock trading, charging only £1.75 + a £1 handling fee per trade, with a maximum charge of £5. Fees for trading funds, however, are more costly. DEGIRO lags competitors in fundamental research and education, and does not offer ISA or SIPP accounts.

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Overall RatingDEGIROeToro
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Mobile Trading 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 3/5 Stars 3.5/5 Stars
Research 2.5/5 Stars 3/5 Stars
Ease of Use 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 3.5/5 Stars
Review DEGIRO Review eToro Review
Winner check_circle
InvestmentsDEGIROeToro
ISA No No
SIPP No No
Share Trading Yes Yes
CFD Trading No Yes
Funds Yes No
ETFs Yes Yes
Bonds - Corporate Yes No
Bonds - Government (Gilts) Yes No
Investment Trusts Yes No
Spread Betting No No
Crypto Trading No Yes
Advisor Services No No
Trading FeesDEGIROeToro
Minimum Deposit £0.0 £10.0
Share Trading: 0-9 Deals/ Month £1.75 + £1 handling fee £0 (Other Fees Apply)
Share Trading: 10-19 Deals/ Month £1.75 + £1 handling fee £0 (Other Fees Apply)
Share Trading: 20+ Deals/ Month £1.75 + £1 handling fee £0 (Other Fees Apply)
5 trades per year (£30k portfolio) £13.75 £154
12 trades per year (£30k portfolio) £33 £154
36 trades per year (£30k portfolio) £99 £154
120 trades per year (£30k portfolio) £330 £154
3 fund trades per year (£30k portfolio) £67.5 N/A
Annual Custody Fee: £0 - £250,000 0.20% £0 (Other Fees Apply)
Annual Custody Fee: £250K-£500K 0.20% £0 (Other Fees Apply)
Annual Custody Fee: £500,000 - £1m 0.20% £0 (Other Fees Apply)
Annual Custody Fee: £1m and over 0.20% £0 (Other Fees Apply)
Bonds - Corporate - Fee € 2.00 + €1 handling fee N/A
Bonds - Government (Gilts) - Fee € 2.00 + 0.06% (most of EU), € 5.00 + 0.05% (Germany) N/A
ETFs - Fee €2 + 0.03% £0 (Other Fees Apply)
Investment Trusts - Fee € 2.00 + €1 handling fee N/A
Telephone Dealing Fee £8.50 surcharge £1.75 + £1 handling fee N/A
Platforms & ToolsDEGIROeToro
Web Platform Yes Yes
iPhone App Yes Yes
Android App Yes Yes
Stock Alerts No Yes
Charting - Indicators / Studies 13 66
Charting - Drawing Tools 9 13
Charting - Notes Yes No
Charting - Display Corporate Events Yes No
Charting - Stock Overlays Yes Yes
Charting - Index Overlays Yes Yes
ResearchDEGIROeToro
Research - Shares Yes Yes
Research - CFDs No No
Research - Funds Yes No
Fund Research - Research Reports No No
Research - ETFs No Yes
Research - Bonds No No
Portfolio Allocation Breakdown No Yes
EducationDEGIROeToro
Has Education - Share Trading Yes Yes
Has Education - Funds No No
Has Education - Retirement No No
Client Webinars No Yes
Client Webinars (Archived) No Yes
Overall SummaryDEGIROeToro
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Mobile Trading 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 3/5 Stars 3.5/5 Stars
Research 2.5/5 Stars 3/5 Stars
Ease of Use 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 3.5/5 Stars
Review DEGIRO Review eToro Review
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  • check_box_outline_blankcheck_boxAJ Bell
  • check_box_outline_blankcheck_boxBarclays
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxDEGIRO
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFreetrade
  • check_box_outline_blankcheck_boxHalifax
  • check_box_outline_blankcheck_boxHargreaves Lansdown
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxInteractive Investor
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DEGIRO vs eToro Comparison

For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs eToro.

Which broker is less expensive?

Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, DEGIRO offers better pricing than eToro for share dealing.

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.

5 trades per year - DEGIRO would cost £13.75 per year, while eToro would cost £154 per year.

12 trades per year - DEGIRO would cost £33 per year, while eToro would cost £154 per year.

36 trades per year - DEGIRO would cost £99 per year, while eToro would cost £154 per year.

120 trades per year - DEGIRO would cost £330 per year, while eToro would cost £154 per year.

3 fund trades per year - DEGIRO would cost £67.5 per year, while eToro would cost N/A per year.

Which broker offers a wider range of investment options?

DEGIRO offers investors access to Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, while eToro offers investors access to Share Trading, CFD Trading, ETFs and Crypto Trading, neither have ISA, SIPP, Spread Betting and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which broker offers better research?

Our testing concluded that eToro is better for research than DEGIRO. eToro offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

To compare the trading platforms of both DEGIRO and eToro, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, eToro offers a better share dealing platform and eToro offers a better stock app for mobile trading.

Overall winner: DEGIRO

Read Next: Best UK Trading Platforms 2022


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Reink Media Group is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.

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