Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
FinecoBank vs DEGIRO 2020
Your capital is at risk.
|
|
|
Overall Rating
| Feature | FinecoBank | DEGIRO |
| Overall | ||
| FinecoBank Review | DEGIRO Review |
Trading Fees
| Feature | FinecoBank | DEGIRO |
|
Share Trading: 0-9 Deals/ Month |
£2.95 | £ 1.75 + 0.014% |
|
Share Trading: 10-19 Deals/ Month |
£2.95 | £ 1.75 + 0.014% (Maximum £ 5.00) |
|
Share Trading: 20+ Deals/ Month |
£2.95 | £ 1.75 + 0.014% (Maximum £ 5.00) |
|
Annual Custody Fee: £0 - £250,000 |
0.25% | 0.20% |
|
Bonds - Government (Gilts) - Fee |
£6.95 | € 2.00 + 0.06% |
|
ETFs - Fee |
£2.95 | €2 + 0.03% |
|
Investment Trusts - Fee |
N/A | € 7.50 + 0.10% |
|
Telephone Dealing Fee |
N/A | £8.50 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | FinecoBank | DEGIRO |
|
Desktop Platform (Windows) |
Yes | No |
|
Web Platform |
Yes | Yes |
|
iPhone App |
Yes | Yes |
|
Android App |
Yes | Yes |
|
Stock Alerts |
No | No |
|
Charting - Indicators / Studies |
24 | 13 |
|
Charting - Drawing Tools |
2 | 9 |
|
Charting - Notes |
No | Yes |
|
Charting - Display Corporate Events |
Yes | Yes |
|
Charting - Stock Overlays |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | FinecoBank | DEGIRO |
|
Research - Shares |
Yes | Yes |
|
Research - CFDs |
No | No |
|
Research - Funds |
Yes | Yes |
|
Fund Research - Research Reports |
No | No |
|
Research - ETFs |
Yes | No |
|
Research - Bonds |
Yes | No |
|
Portfolio Allocation Breakdown |
Yes | No |
| Research | ||
| Winner | check_circle |
Investments
| Feature | FinecoBank | DEGIRO |
|
Share Trading |
Yes | Yes |
|
CFD Trading |
Yes | No |
|
Funds |
Yes | Yes |
|
ETFs |
Yes | Yes |
|
Bonds - Corporate |
Yes | Yes |
|
Bonds - Government (Gilts) |
Yes | Yes |
|
Investment Trusts |
No | Yes |
|
Spread Betting |
Yes | No |
|
Advisor Services |
Yes | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | FinecoBank | DEGIRO |
|
Has Education - Share Trading |
No | Yes |
|
Has Education - Funds |
No | No |
|
Has Education - Retirement |
No | No |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | No |
| Education |
Overall
| Feature | FinecoBank | DEGIRO |
| FinecoBank Review | DEGIRO Review | |
| Overall | ||
| Winner | check_circle |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs FinecoBank .
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 FinecoBank 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.
1 Trade Per Month - DEGIRO is cheaper. DEGIRO would only cost £34.00 each year while FinecoBank would cost £35.40.
3 Trades Per Month - DEGIRO is less expensive under this scenario. DEGIRO would cost £104.00 per year while FinecoBank would cost £106.20.
10 Trades Per Month - DEGIRO is the better choice. Annual fees with DEGIRO would total £346, while annual fees with FinecoBank would be £354.
20 Trades Per Month - DEGIRO costs less in this scenario. Total annual costs with DEGIRO would equal £693, while FinecoBank would equal £708.
Which broker offers a wider range of investment options?
FinecoBank offers a more diverse selection of investment options than DEGIRO. FinecoBank offers investors access to Advisor Services, ETFs, Funds, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Which platform offers better research?
Our testing concluded that FinecoBank is better for research than DEGIRO. FinecoBank 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 FinecoBank , we tested each broker's trading tools and share dealing app. All features compared, FinecoBank offers a better share dealing platform.
Overall, between DEGIRO and FinecoBank , FinecoBank is the winner.
DEGIRO ReviewFinecoBank Review
Related Comparisons
- DEGIRO vs. Hargreaves Lansdown
- DEGIRO vs. IG
- DEGIRO vs. Interactive Investor
- DEGIRO vs. Saxo Markets
All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
