Comparison of DEGIRO Vs. IG to Know Who is Better in 2020

DEGIRO

DEGIRO is a popular online broker founded in 2013. It offers access to over 60 exchanges across the world for its clients. Investors and traders can buy/sell bonds, stocks, ETFs, options, warrants, and mutual funds using this trading platform. It has very affordable and low prices.

DEGIRO Platform

IG

Founded in 1974, IG is a premier spread betting and CFD broker in the world. This platform caters to institutional firms, professional clients, and retail traders. It has highly competitive offerings.

Broker Comparison

 

DEGIRO

IG

Features
  • Low fees
  • Smart Order Routing or direct access to 30 international exchanges
  • Good mobile app
  • Limit orders
  • Stop-loss orders
  • Excellent trading tools
  • Competitive
  • Commission
  • Access to more than 19 international exchanges and 9000 shares
  • Outstanding education section
  • One-click trading
  • Expert advisors
Trading OptionsStocks, Majors, ETFs, Funds, Bonds, Options, Futures, and CryptosForex, Majors, Indices Dow Jones, Nikkei, Dax, FTSE, Bitcoin, ETFs, IPO, Energies, Agricultural, and Metals
ResearchDEGIRO has limited research functions with a straightforward charting tool and a fundamental news feedIG offers great research tools. Its charting tools, trading ideas, and news flow are great. All research tools are available on its trading platform in English.
FeesDEGIRO has low non-trading and trading fees. Some ETFs can be traded for free once every month. No inactivity and withdrawal fee.IG has a low fee for stocks index CFD while its forex fee is average to low. Inactivity fees are charged after 2 years and there is no charge for withdrawal.
Mobile AppAndroid and iOSAndroid and iOS
Supported LanguagesEnglish, Hindi, Russian, Hebrew, Slovenian, Portuguese, Italian, German, Czech, Arabic, Spanish, Romanian, Polish, French, and ChineseEnglish, Spanish, French, German, and Portuguese
Other ServicesKnowledge Center and Investor’s AcademyFinancial Calendars, Financial results, and regulatory news
Deposit & Withdrawal MethodsDeposits can be made via bank transfer and electronic wallets Withdrawal can be made via bank transfer onlyDeposits can be made via bank transfer, credit/debit cards, and electronic wallets Withdrawal can be made via bank transfer and debit/credit cards
Deposit & Withdrawal Processing TimeBank transfers can take 2-3 business days while payments via electronic wallets are instantPayment via debit/credit cards and electronic wallets are instant while bank transfers can take many days.
Customer SupportPhone and email support with relevant answers in many languagesPhone, email, and live chat support with relevant answers
IG Platform

Conclusion

DEGIRO is the clear winner. It is best for traders and investors of all experience levels looking for a simple trading platform. Its research section has all that is required to trade successfully as compared to that of IG which lacks behind. More trading options, better fee structure, and excellent customer support make it top the comparison.