UK.StockBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

DEGIRO vs XTB 2023

StockBrokers.com

Written by StockBrokers.com

August 03, 2023

Is DEGIRO better than XTB? After scoring the best share dealing accounts across 46 different variables, our analysis finds that XTB is better than DEGIRO. XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.

Select Brokers

×
  • check_box_outline_blankcheck_boxAJ Bell
  • check_box_outline_blankcheck_boxBarclays
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCMC Invest
  • 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
  • check_box_outline_blankcheck_boxLloyds Bank
  • check_box_outline_blankcheck_boxSaxo Markets
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxXTB

Compare

0 of 5
Broker Screenshots DEGIRO XTB
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Overall Rating DEGIRO XTB
Overall Rating 4/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 5/5 Stars
Investment Choices 3.5/5 Stars 4/5 Stars
Mobile App 3.5/5 Stars 4.5/5 Stars
Website 3/5 Stars 4/5 Stars
Ease of Use 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 4.5/5 Stars
Review DEGIRO Review XTB Review
Winner check_circle
Investments DEGIRO XTB
ISA info No No
SIPP info No No
Share Trading info Yes Yes
CFD Trading info No Yes
Funds info Yes Yes
ETFs info Yes Yes
Bonds - Corporate info Yes No
Bonds - Government (Gilts) info Yes No
Investment Trusts info Yes No
Spread Betting info No Yes
Crypto Trading info No No
Advisor Services info No No
Trading Fees DEGIRO XTB
Minimum Deposit info £0.0 £0.0
Share Trading: 0-9 Deals/ Month info £1.75 + £1 handling fee £0
Share Trading: 10-19 Deals/ Month info £1.75 + £1 handling fee £0
Share Trading: 20+ Deals/ Month info £1.75 + £1 handling fee £0
5 trades per year (£30k portfolio) info £13.75 £0
12 trades per year (£30k portfolio) info £33 £0
36 trades per year (£30k portfolio) info £99 £0
120 trades per year (£30k portfolio) info £330 £0
3 fund trades per year (£30k portfolio) info £67.5 N/A
Annual Custody Fee: £0 - £250,000 info 0.20% 0
Annual Custody Fee: £250K-£500K info 0.20% 0
Annual Custody Fee: £500,000 - £1m info 0.20% 0
Annual Custody Fee: £1m and over info 0.20% 0
Bonds - Corporate - Fee info € 2.00 + €1 handling fee N/A
Bonds - Government (Gilts) - Fee info € 2.00 + 0.06% (most of EU), € 5.00 + 0.05% (Germany) N/A
ETFs - Fee info €2 + 0.03% £0
Investment Trusts - Fee info € 2.00 + €1 handling fee N/A
Telephone Dealing Fee info £8.50 surcharge £1.75 + £1 handling fee N/A
Platforms & Tools DEGIRO XTB
Web Platform info Yes Yes
iPhone App info Yes Yes
Android App info Yes Yes
Stock Alerts info No Yes
Charting - Indicators / Studies info 13 59
Charting - Drawing Tools info 9 9
Charting - Notes info Yes Yes
Charting - Display Corporate Events info Yes Yes
Charting - Stock Overlays info Yes Yes
Charting - Index Overlays info Yes Yes
Research DEGIRO XTB
Research - Shares info Yes Yes
Research - CFDs info No Yes
Research - Funds info Yes No
Fund Research - Research Reports info No Yes
Research - ETFs info No Yes
Research - Bonds info No No
Portfolio Allocation Breakdown info No Yes
Education DEGIRO XTB
Education (Share Trading) info Yes Yes
Education (Funds) info No Yes
Education (Retirement) info No No
Client Webinars info No Yes
Client Webinars (Archived) info No Yes
Overall Summary DEGIRO XTB
Overall Rating 4/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 5/5 Stars
Investment Choices 3.5/5 Stars 4/5 Stars
Mobile App 3.5/5 Stars 4.5/5 Stars
Website 3/5 Stars 4/5 Stars
Research [DELETED] N/A N/A
Ease of Use 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 4.5/5 Stars
Review DEGIRO Review XTB Review
Winner check_circle
arrow_upward

Comparing online share dealing platforms side by side is no small task. For our 2023 review of U.K. brokers, nearly 600 data points were collected over a 10-week period and used to score each broker. Let’s compare DEGIRO and XTB.

DEGIRO vs XTB Comparison

For our 2023 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs XTB.

Is DEGIRO a good broker?

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.

Is XTB a good broker?

XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.

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, XTB offers better pricing than DEGIRO 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 XTB would cost £0 per year.

12 trades per year - DEGIRO would cost £33 per year, while XTB would cost £0 per year.

36 trades per year - DEGIRO would cost £99 per year, while XTB would cost £0 per year.

120 trades per year - DEGIRO would cost £330 per year, while XTB would cost £0 per year.

3 fund trades per year - DEGIRO would cost £0.0 per year, while XTB would cost £0.0 per year.

How do DEGIRO and XTB compare in terms of minimum deposits required?

DEGIRO requires a minimum deposit of £0.0, while XTB requires a minimum deposit of £0.0. From our testing we found for accounts between £0 - £250,000 DEGIRO charges annual custody fees of 0.20%, while XTB charges annual custody fees of 0.

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 XTB offers investors access to Share Trading, CFD Trading, Funds, ETFs and Spread Betting. Neither have ISA, SIPP, 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.

Do DEGIRO and XTB offer ISA or SIPP accounts?

Self-invested personal pensions (SIPPs) and individual savings accounts (ISAs) are tax-advantaged savings accounts that are an important tool for many individual investors. You can read more about how these accounts operate at Gov.UK: Click here for SIPP information and here for ISA information. Our analysis finds that Unfortunately, neither DEGIRO nor XTB offers ISA or SIPP accounts. Neither have SIPP and ISA.

Do DEGIRO and XTB offer cryptocurrency?

In our analysis of top brokers for share dealing in the U.K., we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum, which is still a somewhat rare offering amongst major U.K. brokers. Our review finds that neither DEGIRO nor XTB offer crypto investing.

Which broker offers a better website experience?

Our testing concluded that the website of XTB is better than the website of DEGIRO. XTB offers more functionality, is cleanly designed, and is, overall, easier to use for beginners and casual investors.

Which stock trading app is better?

To compare the trading platforms of both DEGIRO and XTB, we tested each broker's stock trading app. All features compared, our analysis finds that XTB offers a better mobile app. Dive deeper: Best Stock Trading Apps UK.

Do DEGIRO and XTB offer educational resources?

Educational offerings are of particular importance to those who are newer to investing, and we examine the availability of several different types of educational materials in our analysis. Our research finds that DEGIRO offers traders access to Education (Share Trading), while XTB offers access to Client Webinars, Client Webinars (Archived), Education (Share Trading) and Education (Funds). Neither have Education (Retirement).

Overall winner: XTB

Read Next: Best UK Trading Platforms 2023


close