Compare brokers side by side before you choose.

Compare trust, fees, platforms, and withdrawals. See the trade-offs and details worth checking before you choose.

Choose brokers

Pick 2-4 brokers to compare

The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1

Broker 2

VS field	Firstrade firstrade.com Options BrokerETF BrokerETF	DEGIRO degiro.com ETF BrokerMulti Asset BrokerETF
Decision summary
Overall score

Trust score	86	100

Cost score	94	92

Platform score	79	92

Withdrawal score	73	89

Best for	Cost-sensitive options traders · Self-directed U.S. stock and ETF investors · Investors seeking no-minimum brokerage or IRA accounts	European self-directed investors seeking low-cost access to stocks and ETFs · Investors who prefer web/mobile platforms and exchange-traded products

Watch out	Needs verification	Needs verification

Trust & regulation
Regulators	Broker-dealer regulated by FINRA; SEC broker-dealer registration shown on BrokerCheck. Source	Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB. Source
License numbers	CRD# 16843; SEC# 8-34642 Source	Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245. Source
Regulated entities	Firstrade Securities Inc. Source	DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main. Source
Negative balance protection	No CFD-style negative balance protection; margin trading losses may exceed deposited principal. Source	No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only. Source
Investor compensation	SIPC up to $500,000 including $250,000 cash; excess coverage via Apex up to aggregate $150 million / $37.5 million per customer including $900,000 cash. Source	Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply. Source
Restricted countries	Full restricted-country list not disclosed; international page lists supported regions and site disclaims jurisdictions where Firstrade is not authorized. Source	Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page. Source

Trust & regulation

Regulators

Broker-dealer regulated by FINRA; SEC broker-dealer registration shown on BrokerCheck.

Source

Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB.

Source

License numbers

CRD# 16843; SEC# 8-34642

Source

Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245.

Source

Regulated entities

Firstrade Securities Inc.

Source

DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main.

Source

Negative balance protection

No CFD-style negative balance protection; margin trading losses may exceed deposited principal.

Source

No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only.

Source

Investor compensation

SIPC up to $500,000 including $250,000 cash; excess coverage via Apex up to aggregate $150 million / $37.5 million per customer including $900,000 cash.

Source

Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply.

Source

Restricted countries

Full restricted-country list not disclosed; international page lists supported regions and site disclaims jurisdictions where Firstrade is not authorized.

Source

Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page.

Source

Costs & account conditions
Minimum deposit	$0 minimum initial deposit / no minimums. Source	No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account. Source
Spread from	Not applicable or not broker-level for this investment-platform profile; review if leveraged products apply. Source	Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs. Source
Commission	$0 online stock, ETF, options, and mutual fund trades; $0 options contract fee; most fixed income on net-yield basis; primary market CDs $30. Source	Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply. Source
Maximum leverage	Maximum leverage not disclosed as a simple ratio; U.S. margin accounts are subject to margin rules and product-level requirements. Source	DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources. Source
Deposit fee	ACH electronic transfer $0; incoming wire/account transfer fees not explicitly disclosed on checked fee page. Source	No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees. Source
Withdrawal fee	ACH $0; regular check $0; domestic/foreign outgoing wire $25; overnight check $50; ACAT transfer out $75; partial ACAT transfer out $55. Source	No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees. Source
Inactivity fee	No inactivity fees. Source	No inactivity fee; UK fee page lists inactivity fee as €0. Source

Costs & account conditions

Minimum deposit

$0 minimum initial deposit / no minimums.

Source

No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account.

Source

Spread from

Not applicable or not broker-level for this investment-platform profile; review if leveraged products apply.

Source

Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs.

Source

Commission

$0 online stock, ETF, options, and mutual fund trades; $0 options contract fee; most fixed income on net-yield basis; primary market CDs $30.

Source

Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply.

Source

Maximum leverage

Maximum leverage not disclosed as a simple ratio; U.S. margin accounts are subject to margin rules and product-level requirements.

Source

DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources.

Source

Deposit fee

ACH electronic transfer $0; incoming wire/account transfer fees not explicitly disclosed on checked fee page.

Source

No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees.

Source

Withdrawal fee

ACH $0; regular check $0; domestic/foreign outgoing wire $25; overnight check $50; ACAT transfer out $75; partial ACAT transfer out $55.

Source

No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees.

Source

Inactivity fee

No inactivity fees.

Source

No inactivity fee; UK fee page lists inactivity fee as €0.

Source

Markets, platforms & payments
Tradable assets	Stocks, ETFs, options, mutual funds, fixed income including Treasuries, municipal bonds, agency bonds, zeros/strips, and CDs. Source	Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability. Source
Trading platforms	Web platform, iOS app, Android app, and Options Wizard/OptionsPlay analytics. Source	DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android. Source
Account types	Individual/joint/custodial brokerage; Traditional/Roth/Rollover/SEP/SIMPLE IRA; Coverdell ESA; trust/estate; international individual; cash management. Source	DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available. Source
Deposit methods	ACH electronic funds transfer, wire transfer, and ACAT/account transfer. Source	Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency. Source
Withdrawal methods	ACH transfer, outgoing domestic/international wire, regular check, and overnight check. Source	Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn. Source
Withdrawal processing time	Withdrawal processing time not found in checked official public funding and fee pages. Source	Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete. Source

Markets, platforms & payments

Tradable assets

Stocks, ETFs, options, mutual funds, fixed income including Treasuries, municipal bonds, agency bonds, zeros/strips, and CDs.

Source

Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability.

Source

Trading platforms

Web platform, iOS app, Android app, and Options Wizard/OptionsPlay analytics.

Source

DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android.

Source

Account types

Individual/joint/custodial brokerage; Traditional/Roth/Rollover/SEP/SIMPLE IRA; Coverdell ESA; trust/estate; international individual; cash management.

Source

DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available.

Source

Deposit methods

ACH electronic funds transfer, wire transfer, and ACAT/account transfer.

Source

Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency.

Source

Withdrawal methods

ACH transfer, outgoing domestic/international wire, regular check, and overnight check.

Source

Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn.

Source

Withdrawal processing time

Withdrawal processing time not found in checked official public funding and fee pages.

Source

Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete.

Source

Loading broker comparison

Compare brokers side by side before you choose.

Pick 2-4 brokers to compare