DEGIRO vs eToro en

DEGIRO is a Dutch broker that offers access to a multitude of stock markets. eToro, for its part, is a leading Cypriot broker in social trading. Who to choose between the two? In this duel DEGIRO vs eToro, discover the elements that will allow you to make the choice.

DEGIRO vs eToro Reviews

The Dutch broker and the Cypriot broker are completely different online brokers. In this article DEGIRO vs eToro, we instead analyzed their respective offers:

• DEGIRO is a leading broker in the ETF and stock market. Its services havevantage to address all traders of all levels. It made a name for itself thanks to its attractive prices.
• eToro, for its part, is a broker for novice traders. Certainly, its services are accessible to all customers whatever their level. However, thevantages that it offers are particularly aimed at beginners. A demo account, varied educational content and social trading functions are all elements that allow those who are just starting out to progress quickly.

In our opinion, the choice between these two brokers will depend on the profile of the investor and his needs.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO vs eToro : Key Information

To start this match eToro vs DEGIRO, comparing information about these two actors seems essential to us.

Here is a summary of the broker DEGIRO :

• DEGIRO is an online broker based in Amsterdam in the Netherlands.
• It was launched in 2008. However, in its early days, only professional investors had access to its services. It was not until 2013 that the broker opened its doors to retail traders.
• It recently merged with flatexDEGIRO Bank AG and becomes one of the largest online brokers in Europe. It also has a banking license.
• The Dutch Financial Markets Authority regulates its activities. It is also registered with the AMF and the ACPR.
• Today, it is active in 18 European countries, notably in France.
• It claims more than a million investors,
• It offers more than fifty financial markets.

Here is some information about eToro :

• eToro was created in 2007,
• He is based in Cyprus,
• He specialized in Forex, stocks, ETFs, cryptocurrencies and CFDs,
• To date, it claims over 20 users from over 000 countries,
• Its offices are located in Cyprus, USA, UK and Australia,
• Several financial authorities have granted it a license including CySEC in Cyprus, FCA in the United Kingdom, FSAS in the Seychelles, and ASIC in Australia.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

eToro ou DEGIRO : The rewards

Prizes and rewards of all kinds can be considered as proof of the reliability of a broker. That's why we included them in this match eToro vs DEGIRO. Moreover, we have noted that these two brokers are multi-awarded players.

• Nowadays, DEGIRO has won more than 80 international awards,
• More discreet on this point, eToro has also won awards, particularly on its in-house platform.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO versus eToro : Security Measures

The choice of a broker is essentially based on the security it offers not only on accounts but also and above all on funds and personal data. By comparing the measures taken by these two brokers through this duel DEGIRO vs eToro, we noticed several similarities:

• These two actors seem to do everything by the rules. Moreover, they have each obtained the necessary authorizations to offer their services legally. The AFM in the Netherlands monitors the activities of DEGIRO while the FCA in the United Kingdom, the CySEC in Cyprus, the ASIC in Australia and the FSAS in the Seychelles regulate those ofeToro. Both have itvantage to be recognized by theAMF, the French Financial Markets Authority.
• These two brokers keep the funds of their respective clients safe. Investments are segregated from their equity.
• In the event of insolvency of one or the other, the traders' funds remain covered. eToro has taken out free insurance of up to 1 million euros. At the house of DEGIRO, the German investor compensation program guarantees traders' funds up to 90% with a maximum amount of 20 euros.
• In compliance with the rules in Europe, these two brokers each offer negative balance protection.
• At DEGIRO, traders have several options for holding uninvested cash. They have the choice between a personal Cash account with an IBAN and offered by flatexDEGIRO Bank AG or Money Market Funds.

eToro vs DEGIRO : Available Assets

All brokers do not necessarily offer the same financial assets. This is why we wanted to compare this point in this match DEGIRO vs eToro.

Assets with DEGIRO

By opening an account with DEGIRO, traders have access to stock markets around the world including European, American, Chinese, Japanese and Australian markets.

• No less than 2 million products await traders.
• About fifty stock exchanges are accessible on its platform, including 30 equity markets, 200 ETFs, 640 bonds, more than 5 ETFs, 400 options markets, 12 Futures markets and more than 14 mutual fund managers. .

Assets witheToro

At eToro, traders have access to a wide range of different financial assets including 249 ETFs, 49 currency pairs, 13 stock indices, 15 cryptocurrencies, 2 stocks and 000 commodities. These numbers are also constantly changing.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

eToro ou DEGIRO : Trading

The trading offer differs from one broker to another. In this duel DEGIRO vs eToro, we compared the model used by these two actors:

• They are both leveraged brokers. At the house of DEGIRO, retail traders can benefit from a maximum leverage of 1:5. Those ofeToro have access to greater leverage of 1:30.
• eToro is known throughout the world for its social trading offering. Its clients have the ability to copy trades and strategies from other users. This possibility is, however, not available with the Dutch broker.
• Traders with these two players have the possibility of automatic trading.
• It is also possible for them to set up several orders including stop loss, limit orders and take profit.
• Neither allows scalping.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO vs eToro : Deposits and Withdrawals in

Each broker has its own deposit and withdrawal systems that should be compared. We picked up a few points from this match eToro vs DEGIRO :

• Unlike its competitor, DEGIRO does not impose any minimum deposit amount. However, he uses the first transfer to confirm the identity of a new trader.
• Traders at DEGIRO can fund their account in euros. However, they can also open sub-accounts and convert them to other currencies such as GBP, USD, SEK, HUF, CHF, DKK and NOK. The Cypriot broker, for its part, only accepts one account currency, USD.
• At eToro, traders have more choices in terms of payment methods used for deposits and withdrawals. Those of its competitor can only fund their account and make withdrawals from a bank transfer.

eToro versus DEGIRO : Expenses

Before opening an account with a broker, finding out about their prices is an essential step. Indeed, the different fees charged can have a significant impact on performance. We have therefore logically included in this match eToro vs DEGIRO the comparison of the pricing of these two players.

The two brokers have opted for very different pricing structures. In general, the Dutch broker charges fixed fees per order or per contract to which commissions may be added. eToro, for its part, is remunerated mainly from spreads.

• DEGIRO is among the cheapest brokers on the market. What's more, it charges no fees for deposits, withdrawals, account management, closure, inactivity, custody fees, non-execution and cancellation of an order, distribution coupons and dividends as well as for inbound portfolio transfer. Its traders have access to the most popular ETFs without brokerage fees.
• Like its competitor, eToro focuses on total transparency. It charges $5 on withdrawals, 50 pips minimum conversion fees, and $10 per month for inactivity. However, opening an account, managing it and making deposits is free. Traders who invest in stocks pay no commissions.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

eToro versus DEGIRO : Trading Accounts

Trading accounts may differ from one broker to another. Moreover, on this point, our match eToro vs DEGIRO revealed several differences between these two brokers:

• Like many known brokers, eToro has a demo account accessible to everyone for free. DEGIRO preferred to do without it and only offers a real account.
• Unlike its competitor, the Cypriot broker also offers an Islamic account for traders of Muslim faith.
• Both brokers offer both an account for individuals and another for professional traders.
• eToro only has one real account. He opted for a standard account.
• The Dutch broker, meanwhile, offers 5 different account types: Basic, Active, Custody, Trader and Day Trader. Instruments to trade, services offered and access to leverage differ from account to account. Traders have access to an ordinary securities account.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO vs eToro : Trading Platforms

Whether beginners or experienced, traders are looking for the best platforms to trade in good conditions. We compared the offer of these two brokers in this duel eToro vs DEGIRO :

• These two brokers have several points in common: They have both developed platforms in-house. Either way, traders cannot use popular MetaTrader-type platforms.
• DEGIRO has chosen to develop its own web platform to give it the freedom to improve it as it wishes. This is also available in a mobile version. They are simple to use, efficient and ergonomic. They have been designed to meet the needs of traders. The broker does not, however, offer a desktop application.
• eToro, for its part, also offers its own trading platform and application. Intuitive and user-friendly, they are also easy to use. In addition, they come with innovative CopyTrader and Copyportfolios features useful for social trading. The first will allow traders to reproduce the actions of other traders in real time. The second consists of ready-made investment strategies.

eToro ou DEGIRO : Trading Tools

Better understand the market, improve performance, increase chances, there are many reasons why tools are essential. We have therefore included the comparison of the tools offered by its two players in this match eToro vs DEGIRO.

• DEGIRO stands out for its fee calculator. This tool allows traders to simulate the cost of their investment. The broker also provides access to market analysis, news, mobile alerts and technical indicators. Its graphics module also has the merit of improving regularly. On the other hand, trading signals are absent.
• eToro, for its part, offers several tools including an economic calendar, a trading calculator and a research tab. The broker also relies on its innovative features such as CopyTrader and Copyportfolios to attract traders. These allow them to do social trading in good conditions.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO versus eToro : Training

To support traders, brokers include educational content of all kinds in their offers. Comparing the two actors through this match DEGIRO vs eToro, we noted a certain number of important points:

• The Dutch broker has developed an investor academy. The basics of investing, how tools work, investment products, types of orders and various strategies are among the themes covered there. In addition to basic lessons, tutorials are also available to allow users to learn how to use the in-house platform DEGIRO, its tools and its functionalities.
• eToro has also set up a trading academy where several training tools are available. Examples of this include videos, online courses, and webinars. Traders also have thevantage to access a free demo account with $100 in virtual funds.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

eToro ou DEGIRO : Customer Support

The quality of customer support says a lot about a broker. Moreover, whatever the level of a trader, he may be required to contact advisors. In this match eToro vs DEGIRO, we compared the customer support of these two competitors:

• These two brokers have set up the usual communication channels (telephone line and email) to allow their respective clients to contact their customer support. However, traders witheToro also have the possibility of using online chat.
• Their sites have been translated into several languages ​​including French and English,
• Their respective advisors are also multilingual. French-speaking advisors are available. However, at DEGIRO, after 17:30 p.m., English-speaking advisors provide customer service.
• They are available Monday to Friday. However, if the advisorseToro are available 24 hours a day, those of DEGIRO are from 08 a.m. to 22 p.m.
• They have each set up an FAQ section where it is possible to find answers to the questions most frequently asked by users.
• Neither has a branch in France.

DEGIRO versus eToro : The Avantages and Disadvantages

To end this duel eToro vs DEGIRO, we have listed some positive and negative points about these two foreign brokers:

• DEGIRO is best known for its ultra-competitive brokerage fees. It requires no minimum deposit to allow everyone to open an account easily. Even if it is not represented in France, its advisors are French-speaking. However, it does not offer a demo account. Accepted payment methods are limited to bank transfers. Although a wide range of instruments are available, it does not offer CFDs or Forex pairs.
• eToro, for its part, has made a name for itself in social trading. This is a heavily regulated broker. Its easy-to-use platform, quality technical support and no commissions on shares are among its strengths. However, its fees are high and its training is mainly dedicated to beginners.

For those who are still hesitant, it is also possible to read the reviews eToro vs DEGIRO on the Reddit platform or to broaden the comparison with eToro vs DEGIRO vs Plus500.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

DEGIRO vs eToro : Our Verdict for the year

At the end of this duel DEGIRO vs eToro, we can say that the choice between these two players will depend on the profile of the investor.

• Both of these brokers are reliable. They are also recognized by the French financial authorities.
• DEGIRO is ideal for experienced traders with fairly large capital,
• eToro is more suitable for traders who are new to the industry. It is also aimed at those who want to do social trading and those who want to invest commission-free in a wide choice of stocks.

*68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

????Who is the best : DEGIRO ou eToro ?

These two brokers are among the popular brokers in Europe. DEGIRO is known for its hyper-competitive fees. eToro has, for its part, built its reputation around social trading.

??eToro vs DEGIRO : Who of the Two is More Reliable?

They are international players regulated and recognized by financial authorities. They offer their services legally. Moreover, they are fully authorized to welcome French traders.

????Who is the Cheapest: DEGIRO ou eToro ?

These two players have opted for different pricing structures. They rely on price transparency to attract traders. If DEGIRO is one of the cheapest brokers on the market, eToro allows you to trade a wide range of stocks without commissions.

eToro is a multi-asset platform that offers both investing in stocks and trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money.

Past performance is not an indication of future results. The trading history presented is less than 5 full years and may not be sufficient as a basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.

eToro USA LLC does not offer CFDs and makes no representations or assumes any responsibility for the accuracy or completeness of the contents of this publication, which was prepared by our partner using information on eToro accessible to the public.