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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.

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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
85
91
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
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

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.