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Freetrade vs DEGIRO 2021

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Is DEGIRO better than Freetrade? After scoring the best share dealing accounts across 46 different variables, Freetrade is better than DEGIRO. Freetrade's commission-free model allows trading of fractional shares with a user-friendly mobile trading app, and the educational offering is of good quality. Research and range of investments are limited, however, and there is no online trading platform.


Overall Rating

Feature Freetrade DEGIRO
Overall 4 4
Commissions & Fees 5 5
Offering of Investments 2.5 3.5
Platform & Tools 1 3
Research 2 2.5
Education 0 3.5
Freetrade Review DEGIRO Review
Winner check_circle

Trading Fees

Feature Freetrade DEGIRO
Minimum Deposit
£0.00 £0.00
Share Trading: 0-9 Deals/ Month
£0.00 £ 1.75 + 0.014% (Maximum £ 5.00)
Share Trading: 10-19 Deals/ Month
£0.00 £ 1.75 + 0.014% (Maximum £ 5.00)
Share Trading: 20+ Deals/ Month
£0.00 £ 1.75 + 0.014% (Maximum £ 5.00)
Annual Custody Fee: £0 - £250,000
£0.00 0.20%
Bonds - Government (Gilts) - Fee
N/A € 2.00 + 0.06%
ETFs - Fee
£0.00 €2 + 0.03%
Investment Trusts - Fee
£0.00 £ 1.75 + 0.014% (Maximum £ 5.00)
Telephone Dealing Fee
N/A £ 10.25 + 0.014%, max £5 (for LSE)

Platforms & Tools

Feature Freetrade DEGIRO
Desktop Platform (Windows)
No No
Web Platform
No Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
No No
Charting - Indicators / Studies
13
Charting - Drawing Tools
1 9
Charting - Notes
No Yes
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
No Yes

Research

Feature Freetrade DEGIRO
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
No Yes
Fund Research - Research Reports
No No
Research - ETFs
Yes No
Research - Bonds
No No
Portfolio Allocation Breakdown
No No

Investments

Feature Freetrade DEGIRO
Share Trading
Yes Yes
CFD Trading
No No
Funds
No Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Advisor Services
No No

Education

Feature Freetrade DEGIRO
Has Education - Share Trading
Yes Yes
Has Education - Funds
No No
Has Education - Retirement
Yes No
Client Webinars
No No
Client Webinars (Archived)
No No

Overall

Feature Freetrade DEGIRO
Overall 4 4
Commissions & Fees 5 5
Offering of Investments 2.5 3.5
Platform & Tools 1 3
Research 2 2.5
Education 0 3.5
Freetrade Review DEGIRO Review
Winner check_circle

For our 2021 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs Freetrade.

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 Freetrade 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 - Freetrade is cheaper. Freetrade would only cost £0 each year while DEGIRO would cost £29.40.

3 Trades Per Month - Freetrade is less expensive under this scenario. Freetrade would cost £0 per year while DEGIRO would cost £88.20.

10 Trades Per Month - Freetrade is the better choice. Annual fees with Freetrade would total £0, while annual fees with DEGIRO would be £294.

20 Trades Per Month - Freetrade costs less in this scenario. Total annual costs with Freetrade would equal £0, while DEGIRO would equal £12.25.

Which broker offers a wider range of investment options?

DEGIRO offers a more diverse selection of investment options than Freetrade. DEGIRO offers investors access to 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 DEGIRO is better for research than Freetrade. DEGIRO 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 Freetrade, we tested each broker's trading tools and share dealing app. All features compared, DEGIRO offers a better share dealing platform.

Overall winner: Freetrade

Read Next: Best UK Trading Platforms 2021


Related Comparisons

All pricing data was obtained from a published web site as of 10/22/2021 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK 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.

Deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website.

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