Scores, winners and data below compare these brokers as CFD/FX brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
DEGIRO
Not regulated in your country DEGIRO does not accept residents in Australia because it is not regulated by ASIC.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Trading 212
Regulated in your country Trading 212 is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Best for
What we compare A comparison of the kinds of traders DEGIRO and Trading 212 are best suited to, based on what each one actually offers in Australia.DEGIRO is better than Trading 212 for futures traders and options traders, while Trading 212 is better for CFD stock traders and crypto traders. Both are a good fit for long-term investors, swing traders and news traders.
| Overall score | DEGIRO not offered 79 Best | Trading 212 66 70 -9 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise DEGIRO and the ones that supervise Trading 212.Only Trading 212 is regulated in Australia, by ASIC. DEGIRO holds no licence in Australia and is regulated by AFM and BaFin.
| Section score | DEGIRO not offered 100 | Trading 212 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | AFM (Netherlands), BaFin (Germany) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that DEGIRO and Trading 212 have in place to protect your money in Australia.DEGIRO and Trading 212 both offer segregated client funds and two-factor authentication. DEGIRO also offers an investor compensation scheme and additional money insurance, and is a licensed bank.
| Section score | DEGIRO not offered 99 Best | Trading 212 66 66 -33 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2008 | 2004 |
| Parent company i | flatexDEGIRO Bank AG | Trading 212 Group Limited |
| CEO i | Oliver Behrens | Michael Byrne |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | flatexDEGIRO Bank AG | JPMorgan Chase Bank N.A. |
| Brand power | ||
| Number of customers worldwide i | 3,000,000 | 4,500,000 |
| Annual revenue i | US$480,000,000 | US$299,000,000 |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with DEGIRO and with Trading 212 in Australia, both on each trade and on holding the account.Trading 212 and DEGIRO cannot be compared for CFD/FX costs, because Trading 212 is a broker offering both CFDs and stocks while DEGIRO is a stockbroker.
Trading 212 is better than DEGIRO for real stock costs, given that Trading 212 does not charge US stock fees (against DEGIRO's US$9.28), does not charge ETF fees (against DEGIRO's US$9.28), and does not charge real-time market data fees, unlike DEGIRO. Neither DEGIRO nor Trading 212 charges inactivity fees or account maintenance fees.
| Section score | DEGIRO not offered 73 -15 | Trading 212 42 88 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$13 | |
| S&P 500 fees (CFD) i | 0.42 points | |
| Gold fees (CFD) i | 0.89 points | |
| Bitcoin fees (CFD) i | US$70.17 | |
| US stocks fees (CFD) i | Free | |
| Fees on stocks | ||
| Stock fee type i | Commission | Free, Spread |
| US stocks fees (real) i | US$9.28 | Free |
| ETF fees (real) i | US$9.28 | Free |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | US$0.75 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | US$0.75 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with DEGIRO and with Trading 212 in Australia, and of how many instruments each one gives access to.There is no like-for-like comparison for CFD/FX markets, as DEGIRO is a stockbroker and does not offer CFD/FX.
DEGIRO is better than Trading 212 for real stock markets, because DEGIRO lets you own bonds and funds outright, which Trading 212 does not, offers futures on indices, commodities, stocks and bonds, which Trading 212 does not, and offers options on indices, commodities and stocks, which Trading 212 does not. Both DEGIRO and Trading 212 let you own ETFs and stocks outright.
| Section score | DEGIRO not offered 100 Best | Trading 212 75 30 -70 |
|---|---|---|
| Total tradable symbols i | 2,800 | 10,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | |
| Futures i | Indices, Commodities, Stocks, Bonds | |
| Options i | Indices, Commodities, Stocks | |
| Assets you can own i | Bonds, ETF, Funds, Stocks | ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that DEGIRO and Trading 212 make available to their clients in Australia.DEGIRO does not offer CFD/FX, being a stockbroker, so Trading 212 and DEGIRO cannot be compared for platforms.
Trading 212 is better than DEGIRO for platforms, as Trading 212 offers social trading and one-click trading, which DEGIRO does not. DEGIRO and Trading 212 both offer a proprietary platform and real-time pricing.
| Section score | DEGIRO not offered 71 -10 | Trading 212 81 81 Best |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of DEGIRO and Trading 212 in Australia, and of what each one lets you do from your phone.DEGIRO does not offer CFD/FX, being a stockbroker, so Trading 212 and DEGIRO cannot be compared for mobile trading.
DEGIRO and Trading 212 are equally good for mobile trading, as DEGIRO offers a mobile watchlist while Trading 212 offers a social trading app. DEGIRO and Trading 212 both offer a proprietary mobile app and mobile price alerts.
| Section score | DEGIRO not offered 67 | Trading 212 65 65 -2 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that DEGIRO and Trading 212 allow on their platforms in Australia.Trading 212 and DEGIRO cannot be compared for CFD/FX trading features, because Trading 212 is a broker offering both CFDs and stocks while DEGIRO is a stockbroker.
Trading 212 is better than DEGIRO for real stock trading features, given that Trading 212 offers fractional shares and API access, which DEGIRO does not. DEGIRO and Trading 212 both offer trailing stops.
| Section score | DEGIRO not offered 68 -14 | Trading 212 67 82 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | |
| Minor/Exotic FX pairs leverage i | 20:1 | |
| Major indices leverage i | 20:1 | |
| Minor indices leverage i | 10:1 | |
| Gold leverage i | 20:1 | |
| Commodities leverage i | 10:1 | |
| Equities leverage i | 3:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | |
| Minimum trade size (stocks) i | US$1 | US$1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at DEGIRO and at Trading 212 in Australia, and of who each one is meant for.There is no like-for-like comparison for CFD/FX account types, as DEGIRO is a stockbroker and does not offer CFD/FX.
Trading 212 is better than DEGIRO for real stock account types, since Trading 212 offers a demo account, an unlimited demo account and a savings account, which DEGIRO does not. DEGIRO and Trading 212 both offer a stock investing account and a margin investing account.
| Section score | DEGIRO not offered 39 -30 | Trading 212 27 69 Best |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with DEGIRO and with Trading 212 in Australia.Trading 212 and DEGIRO cannot be set side by side for account opening, as DEGIRO is a stockbroker and does not offer CFD/FX, unlike Trading 212. DEGIRO holds no licence in Australia.
Trading 212 is better than DEGIRO for account opening, because Trading 212 offers debit cards, which DEGIRO does not. However, DEGIRO does not require a minimum deposit at all (against Trading 212's US$1). DEGIRO holds no licence in Australia.
| Section score | DEGIRO not offered 60 -5 | Trading 212 65 65 Best |
|---|---|---|
| Minimum deposit i | US$0 | US$1 |
| Minimum withdrawal i | US$0 | US$1 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | CHF, CZK, EUR, GBP, HUF, NOK, SEK | AUD, EUR, USD, GBP |
| Deposit waiting time i | up to 2 business days | up to 3 business days |
| Withdrawal waiting time i | up to 2 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of DEGIRO and Trading 212 in Australia, in how it can be reached and how fast it answers.There is no like-for-like comparison for customer care, as DEGIRO is a stockbroker and does not offer CFD/FX.
DEGIRO is better than Trading 212 for customer care, since DEGIRO offers customer support in 14 languages (against Trading 212's 1), has a website in 14 languages (against Trading 212's 11), and offers phone support, which Trading 212 does not. Both DEGIRO and Trading 212 offer live chat and email support.
| Section score | DEGIRO not offered 71 Best | Trading 212 54 54 -17 |
|---|---|---|
| Number of languages supported i | 14 | 11 |
| Website languages i | Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Spanish | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Spanish | English |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that DEGIRO and Trading 212 provide to their clients in Australia.DEGIRO does not offer CFD/FX, being a stockbroker, so Trading 212 and DEGIRO cannot be compared for learning.
DEGIRO is better than Trading 212 for learning, as DEGIRO offers education for advanced traders and webinars, which Trading 212 does not. Both DEGIRO and Trading 212 offer education for beginners and an education center.
| Section score | DEGIRO not offered 63 Best | Trading 212 43 43 -20 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
DEGIRO vs Trading 212: which one should you choose?
DEGIRO
Stocks Choose DEGIRO if you want a stockbroker with bonds, funds, options and futures and live in a country where it is licensed to operate.
Not licensed in Australia CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Trading 212
CFD/FX Choose Trading 212 if you want an online CFD broker regulated in Australia by ASIC, with a small minimum deposit.
Stocks Choose Trading 212 if you want a share dealing service regulated in Australia by ASIC, with commission-free US stocks and a demo account.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.Other popular comparisons
Below are other head-to-head comparisons that include DEGIRO or Trading 212, each scored with the same data and method as this page.
