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Freetrade vs DEGIRO 2022
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Overall Rating
| Feature | Freetrade | DEGIRO |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| MobileTrading | ||
| Platform & Tools | ||
| Research | ||
| Ease Of Use | ||
| Education | ||
| Freetrade Review | DEGIRO Review | |
| Winner | check_circle |
Investments
| Feature | Freetrade | DEGIRO |
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ISA |
Yes | No |
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SIPP |
Yes | No |
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Share Trading |
Yes | Yes |
|
CFD Trading |
No | No |
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Funds |
No | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
No | Yes |
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Bonds - Government (Gilts) |
No | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Crypto Trading |
No | No |
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Advisor Services |
No | No |
Trading Fees
| Feature | Freetrade | DEGIRO |
|
Minimum Deposit |
£0.00 | £0.00 |
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Share Trading: 0-9 Deals/ Month |
£0.00 | £1.75 + £1 handling fee |
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Share Trading: 10-19 Deals/ Month |
£0.00 | £1.75 + £1 handling fee |
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Share Trading: 20+ Deals/ Month |
£0.00 | £1.75 + £1 handling fee |
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Annual Custody Fee: £0 - £250,000 |
£0.00 | 0.20% |
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Annual Custody Fee: £500,000 - £1m |
£0.00 | 0.20% |
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Annual Custody Fee: £1m and over |
£0.00 | 0.20% |
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Bonds - Corporate |
No | Yes |
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Bonds - Government (Gilts) - Fee |
N/A | € 2.00 + 0.06% |
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ETFs - Fee |
£0.00 | Free – 2€ |
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Investment Trusts - Fee |
£0.00 | € 2.00 + €1 handling fee |
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Telephone Dealing Fee |
N/A | £8.50 surcharge £1.75 + £1 handling fee |
Platforms & Tools
| Feature | Freetrade | DEGIRO |
|
Web Platform |
No | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
No | No |
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Charting - Indicators / Studies |
13 | |
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Charting - Drawing Tools |
1 | 9 |
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Charting - Notes |
No | Yes |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
No | Yes |
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Charting - Index Overlays |
No | Yes |
Research
| Feature | Freetrade | DEGIRO |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | No |
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Research - Funds |
No | Yes |
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Fund Research - Research Reports |
No | No |
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Research - ETFs |
Yes | No |
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Research - Bonds |
No | No |
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Portfolio Allocation Breakdown |
No | No |
Education
| Feature | Freetrade | DEGIRO |
|
Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | No |
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Has Education - Retirement |
Yes | No |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | No |
Overall
| Feature | Freetrade | DEGIRO |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| MobileTrading | ||
| Platform & Tools | ||
| Research | ||
| Ease Of Use | ||
| Education | ||
| Freetrade Review | DEGIRO Review | |
| Winner | check_circle |
For our 2022 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 £33.
3 Trades Per Month - Freetrade is less expensive under this scenario. Freetrade would cost £0 per year while DEGIRO would cost £99.
10 Trades Per Month - Freetrade is the better choice. Annual fees with Freetrade would total £0, while annual fees with DEGIRO would be £330.
20 Trades Per Month - Freetrade costs less in this scenario. Total annual costs with Freetrade would equal £0, while DEGIRO would equal £13.75.
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 2022
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All pricing data was obtained from a published web site as of 10/04/2022 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.
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