Freetrade
Degiro
Compare platforms
| Freetrade | Degiro | |
|---|---|---|
| Account types | ||
| Stocks and shares ISA | ||
| General investment account (GIA) | ||
| CFD trading | ||
| Crypto trading | ||
| Fees | ||
| Account fee | £5.99 per month | Free |
| Foreign exchange fee | 0.59% | 0.25% |
| Trading fee | Free | Free |
| Safety & regulations | ||
| FSCS protected | ||
| Others | ||
| Range of stocks | 6,000+ | 50+ Exchanges |
| Interest on cash | 1% | |
| Demo account | ||
| iPhone / Android Apps | ||
| Desktop / Web Apps | ||
| Known for | Simple to use | Wide choice of investments |
| Keep in mind | Capital at risk | Capital at risk |
| Go to site | Go to site | |
Updated: Jul 2024
Summary (Freetrade vs Degiro)
Freetrade and DEGIRO are both online brokerage platforms, each with its unique strengths. Freetrade stands out for its user-friendly interface and commission-free trading model, making it attractive to investors seeking simplicity and ease of use. On the other hand, DEGIRO is known for its low-cost structure and provides access to a wide range of global markets, appealing to cost-conscious investors who prioritize a diverse selection of tradable assets. Freetrade's focus on a clean, straightforward user experience contrasts with DEGIRO's emphasis on cost efficiency and extensive market access. The choice between them depends on individual preferences, with Freetrade catering to those valuing simplicity and DEGIRO to investors prioritizing cost-effective global market exposure.