Trading 212 vs DEGIRO Comparison
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Trading 212 vs DEGIRO.
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 Trading 212 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 - Trading 212 would cost £196 per year, while DEGIRO would cost £13.75 per year.
12 trades per year - Trading 212 would cost £196 per year, while DEGIRO would cost £33 per year.
36 trades per year - Trading 212 would cost £196 per year, while DEGIRO would cost £99 per year.
120 trades per year - Trading 212 would cost £196 per year, while DEGIRO would cost £330 per year.
3 fund trades per year - Trading 212 would cost N/A per year, while DEGIRO would cost £67.5 per year.
Which broker offers a wider range of investment options?
Trading 212 offers investors access to ISA, Share Trading, CFD Trading and ETFs, while DEGIRO offers investors access to Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, neither have SIPP, Spread Betting, Crypto Trading 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 DEGIRO is better for research than Trading 212. DEGIRO offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both Trading 212 and DEGIRO, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, Trading 212 offers a better share dealing platform and Trading 212 offers a better stock app for mobile trading.
Overall winner: Trading 212
Read Next: Best UK Trading Platforms 2022