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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 |  |  |
|---|---|---|
Decision summary | ||
| Overall score | 82 | 91 |
| Trust score | 82 | 100 |
| Cost score | 78 | 92 |
| Platform score | 84 | 92 |
| Withdrawal score | 80 | 89 |
| Best for | New Zealand retail investors · Australian retail investors seeking fractional investing · Beginners and small-balance investors | 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 | Regulated by New Zealand FMA and NZX rules; Sharesies Australia holds an AFSL overseen by ASIC. Source | Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB. Source |
| License numbers | AU: AFSL 529893 / ABN 94 648 811 830; NZ: Sharesies Investment Management FSP1001460; Sharesies Limited NZBN 9429045952838. 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 | Key entities include Sharesies Limited (NZ), Sharesies Australia Limited, Sharesies Investment Management Limited, Sharesies Nominee Limited, and Sharesies Australia Nominee Pty Limited. 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 CFD-style negative-balance protection; wallet debts may still be owed. 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 | No broad compensation scheme verified; custody/trust protections and AU PI insurance disclosed; NGF exclusion for NZ/US via NZ platform. 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 | Available regionally in NZ and Australia; NZ platform no longer accepts new Australian-based investors; AU IDPS not offered outside Australia where unlawful. 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 investment; wallet funding required; minimum top-up not clearly disclosed. 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: Sharesies is not a spread-quoted CFD/forex broker in the scoped evidence. 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 | 1.9% transaction fee up to regional market caps; managed funds not listed on an exchange have no Sharesies transaction fee. 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: no leveraged CFD/forex product found in scoped official materials. 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 | Free standard NZ bank transfer; instant/linked/card/PayID fees vary by region and method. Source | No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees. Source |
| Withdrawal fee | Standard wallet withdrawal fee not clearly disclosed; NZ fast withdrawal 1.9% of unsettled amount; share transfer-out and exceptional account-closure fees apply. 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 public pricing, terms, or FSG; account closure fees may apply only in stated exceptional circumstances. Source | No inactivity fee; UK fee page lists inactivity fee as €0. Source |
Markets, platforms & payments | ||
| Tradable assets | Sharesies offers NZ/US/Australian shares and ETFs, managed funds, advised portfolios, selected crypto, and NZDX-listed bond transfer/holding support. Source | Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability. Source |
| Trading platforms | Sharesies platform is accessible via website/web app and mobile apps on iOS and Android. Source | DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android. Source |
| Account types | NZ adult and Kids Accounts, plus trust/company/business by approval; AU IDPS accounts with marketing references to Kids Accounts but FAQ inconsistency. 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 | NZ: bank transfer, foreign-currency bank deposit by arrangement, card, Apple/Google Pay, instant bank transfer, gift; AU: bank transfer, card, linked bank, Apple/Google Pay, PayID. Source | Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency. Source |
| Withdrawal methods | Withdraw to local bank account in local currency only: NZD in NZ, AUD in Australia. 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 | Settled withdrawals 1-2 business days; post-sale withdrawals may take settlement/processing plus transfer time; NZ faster withdrawal option for a fee. 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.