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	nabtrade nabtrade.com.au Stock BrokerETF BrokerETF	DEGIRO degiro.com ETF BrokerMulti Asset BrokerETF
Decision summary
Overall score

Trust score	91	100

Cost score	82	92

Platform score	84	92

Withdrawal score	80	89

Best for	Australian residents wanting NAB integration · ASX shares and ETFs · selected US/UK/Hong Kong/Germany international share access	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	Australian Securities and Investments Commission (ASIC) / Australian financial services licence regime Source	Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB. Source
License numbers	AFSL 230704 (WealthHub Securities Limited); AFSL 230686 (National Australia Bank Limited) 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	WealthHub Securities Limited ABN 83 089 718 249 AFSL 230704; parent National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 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	Not applicable to the core cash stock/ETF investing service; margin lending is separate and carries loan risk. 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	Professional indemnity insurance maintained as required under the Corporations Act; no separate investment compensation scheme identified in sources. 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	nabtrade is available to persons accessing financial services and products while in Australia; international trading eligibility is limited to Australian tax residents residing in Australia. 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

Australian Securities and Investments Commission (ASIC) / Australian financial services licence regime

Source

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

Source

License numbers

AFSL 230704 (WealthHub Securities Limited); AFSL 230686 (National Australia Bank Limited)

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

WealthHub Securities Limited ABN 83 089 718 249 AFSL 230704; parent National Australia Bank Limited ABN 12 004 044 937 AFSL 230686

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

Not applicable to the core cash stock/ETF investing service; margin lending is separate and carries loan risk.

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

Professional indemnity insurance maintained as required under the Corporations Act; no separate investment compensation scheme identified in sources.

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

nabtrade is available to persons accessing financial services and products while in Australia; international trading eligibility is limited to Australian tax residents residing in Australia.

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	No minimum balance for cash/high-interest accounts; first ASX-listed company trade generally requires a $500 minimum marketable parcel. 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	International trades incur a foreign exchange conversion spread of 0.50% to 0.80% of transaction value on the pricing page; FSG says NAB may charge an FX spread up to 3% embedded in exchange rate. 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	Domestic shares online: AUD 9.95 up to $1,000; AUD 14.95 $1,000.01-$5,000; AUD 19.95 $5,000.01-$20,000; 0.11% over $20,000. Phone: $59.95 or 0.55%, whichever greater. 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	Not applicable or not broker-level for this investment-platform profile; review if leveraged products apply. 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	No ongoing account fees or minimum balance for Cash Account / High Interest Account; deposit-specific fees not separately disclosed. Source	No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees. Source
Withdrawal fee	No standard EFT withdrawal fee found in reviewed pricing; other account/banking fees may apply for special services such as cheques, statement reissues and certificates. 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 fee found in reviewed official pricing / FSG; not expressly disclosed as a standalone fee. Source	No inactivity fee; UK fee page lists inactivity fee as €0. Source

Costs & account conditions

Minimum deposit

No minimum balance for cash/high-interest accounts; first ASX-listed company trade generally requires a $500 minimum marketable parcel.

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

International trades incur a foreign exchange conversion spread of 0.50% to 0.80% of transaction value on the pricing page; FSG says NAB may charge an FX spread up to 3% embedded in exchange rate.

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

Domestic shares online: AUD 9.95 up to $1,000; AUD 14.95 $1,000.01-$5,000; AUD 19.95 $5,000.01-$20,000; 0.11% over $20,000. Phone: $59.95 or 0.55%, whichever greater.

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

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

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

No ongoing account fees or minimum balance for Cash Account / High Interest Account; deposit-specific fees not separately disclosed.

Source

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

Source

Withdrawal fee

No standard EFT withdrawal fee found in reviewed pricing; other account/banking fees may apply for special services such as cheques, statement reissues and certificates.

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 fee found in reviewed official pricing / FSG; not expressly disclosed as a standalone fee.

Source

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

Source

Markets, platforms & payments
Tradable assets	Domestic equities, ETFs, warrants, mFunds, ETOs, bonds/interest rate securities; international equities and some ETFs; fixed income, hybrids, LICs, REITs and capital raisings pages are available. Source	Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability. Source
Trading platforms	Desktop web platform, mobile app, and IRESS ViewPoint active trader platform Source	DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android. Source
Account types	Individual, Joint, Company and SMSF/Trust accounts 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	Fund Cash Account by instant transfers from linked NAB accounts, fund transfers, or BPAY from external bank accounts. Source	Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency. Source
Withdrawal methods	Transfers out via EFT only for external accounts; BPAY out and Direct Debit are not supported. Transfers to linked nabtrade/NAB accounts supported. 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	Linked NAB/nabtrade transfers can be instantaneous/unlimited; external transfer processing time not fully disclosed on public pages reviewed. 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

Domestic equities, ETFs, warrants, mFunds, ETOs, bonds/interest rate securities; international equities and some ETFs; fixed income, hybrids, LICs, REITs and capital raisings pages are available.

Source

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

Source

Trading platforms

Desktop web platform, mobile app, and IRESS ViewPoint active trader platform

Source

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

Source

Account types

Individual, Joint, Company and SMSF/Trust accounts

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

Fund Cash Account by instant transfers from linked NAB accounts, fund transfers, or BPAY from external bank accounts.

Source

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

Source

Withdrawal methods

Transfers out via EFT only for external accounts; BPAY out and Direct Debit are not supported. Transfers to linked nabtrade/NAB accounts supported.

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

Linked NAB/nabtrade transfers can be instantaneous/unlimited; external transfer processing time not fully disclosed on public pages reviewed.

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