United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusDEGIRO vs Interactive Brokers
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for stocks in 8 countries, and Interactive Brokers comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
Of the 2 fees we could compare, DEGIRO is cheaper on 1 and the other is the same.
Both hold top-tier (tier-1) licences: DEGIRO from BaFin, Interactive Brokers from SEC / FINRA, FCA, CBI, ASIC, CIRO, SFC, MAS and JFSA.
- Neither charges an inactivity fee.
- DEGIRO doesn't charge a withdrawal fee; Interactive Brokers charges up to $10.Edge: DEGIRO
- We list DEGIRO in 8 of the 14 countries we cover and Interactive Brokers in 12. They overlap in 8.Edge: Interactive Brokers
- Only Interactive Brokers offers forex, CFDs and crypto.
- Interactive Brokers gets more search attention than DEGIRO (Market Signal 61 vs 30). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Stock brokers & investing apps
| Country | DEGIRO | Interactive Brokers |
|---|---|---|
| Austria | #7 of 849/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 871/100EU passport Interactive Brokers Ireland Limited · CBI |
| Croatia | #7 of 849/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 871/100EU passport Interactive Brokers Ireland Limited · CBI |
| Cyprus | #8 of 949/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| Germany | #11 of 1249/100Locally licensed flatexDEGIRO Bank SE · BaFin | #2 of 1271/100EU passport Interactive Brokers Ireland Limited · CBI |
| Italy | #10 of 1149/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 1171/100EU passport Interactive Brokers Ireland Limited · CBI |
| Netherlands | #9 of 1049/100EU passport flatexDEGIRO Bank SE · BaFin | #3 of 1071/100EU passport Interactive Brokers Ireland Limited · CBI |
| Portugal | #8 of 949/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| Spain | #8 of 949/100EU passport flatexDEGIRO Bank SE · BaFin | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| Australia | Not listed | #5 of 871/100Locally licensed Interactive Brokers Australia Pty. Ltd. · ASIC |
| Canada | Not listed | #3 of 571/100Locally licensed Interactive Brokers Canada Inc. · CIRO |
| United Kingdom | Not listed | #4 of 771/100Locally licensed Interactive Brokers (U.K.) Limited · FCA |
| United States | Not listed | #6 of 971/100Locally licensed Interactive Brokers LLC · SEC / FINRA |
Fees and features side by side
| DEGIRO | Interactive Brokers | |
|---|---|---|
| Products | Stocks & ETFs, Options, Futures | Stocks & ETFs, Forex, CFDs, Options, Futures, Crypto |
| Owner | flatexDEGIRO | IBG LLC |
| EUR/USD all-in cost | Not verified yet | 0.6 pips, IBKR Pro (0.20 bps commission + spread from 0.1 pip) |
| US stock commission | Not verified yet | $1 per order |
| Stock commission (US stocks) | €2, €1 commission + €1 handling fee per order | – |
| Crypto trading fee | Not verified yet | Not verified yet |
| Currency conversion fee | 0.25% | Not verified yet |
| Inactivity fee | None | None |
| Withdrawal fee | None | Up to $10 |
| Minimum deposit | €0.01 (flatexDEGIRO Bank SE) | $0 (Interactive Brokers LLC) |
| Instruments | Not verified yet | Not verified yet |
| Fractional shares | Not verified yet | Yes |
| Platforms | DEGIRO Webtrader, DEGIRO app | Client Portal, IBKR Desktop, Trader Workstation (TWS) |
| Deposit methods | Not verified yet | Wire transfer, Electronic funds transfer (SEPA, ACH, BACS), Check (US only) |
| Withdrawal time (stated) | Not verified yet | same day or next day (SEPA and bank wire) |
| Demo account | Not verified yet | Yes |
| Support | email, phone | live chat, email, phone |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (DEGIRO, Interactive Brokers).
Licences
Interactive Brokers
- Interactive Brokers LLC: SEC / FINRA (Tier 1)
- Interactive Brokers (U.K.) Limited: FCA (Tier 1)
- Interactive Brokers Ireland Limited: CBI (Tier 1)
- Interactive Brokers Australia Pty. Ltd.: ASIC (Tier 1)
- Interactive Brokers Canada Inc.: CIRO (Tier 1)
- Interactive Brokers Hong Kong Limited: SFC (Tier 1)
- Interactive Brokers Singapore Pte. Ltd.: MAS (Tier 1)
- Interactive Brokers Securities Japan Inc.: JFSA (Tier 1)
- Interactive Brokers India Pvt. Ltd.: SEBI (Tier 2)
DEGIRO vs Interactive Brokers: common questions
Which is better, DEGIRO or Interactive Brokers?
We rank both for stocks in 8 countries, and Interactive Brokers comes out ahead in every one of them. For reference, DEGIRO's best ranking is #7 of 8 stock brokers & investing apps in Austria, and Interactive Brokers' best ranking is #2 of 12 stock brokers & investing apps in Germany.
Is DEGIRO cheaper than Interactive Brokers?
Neither charges an inactivity fee. DEGIRO doesn't charge a withdrawal fee; Interactive Brokers charges up to $10.
Is DEGIRO or Interactive Brokers better regulated?
Both hold top-tier (tier-1) licences: DEGIRO from BaFin, Interactive Brokers from SEC / FINRA, FCA, CBI, ASIC, CIRO, SFC, MAS and JFSA. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both DEGIRO and Interactive Brokers where I live?
We list DEGIRO in 8 of the 14 countries we cover and Interactive Brokers in 12. They overlap in 8. For stocks, you'll find both on our lists in Austria, Croatia, Cyprus, Germany, Italy, Netherlands, Portugal and Spain.