Best Alternatives to Degiro in 2025
Are you looking for an alternative to DEGIRO?
DEGIRO works for basic buy-and-hold. Low fees. Simple execution. If you’re buying a few ETFs monthly, it does the job.
But if you want to trade actively, the gaps show up fast. Basic price charts without real analysis tools. No fractional shares. No auto-investing. Manual execution every time.
This guide covers brokers built for active trading. Better charting, faster execution, features that scale beyond basic investing.
Let’s find what works.
How to Choose an Alternative to DEGIRO?
If you do any kind of market timing, DEGIRO doesn’t cut it. No advanced order placement. No trading from charts. No automated alerts on key price levels. You’re analyzing on external tools, then switching back to DEGIRO to execute. That gap between analysis and execution costs money.
What active traders actually need: Order placement directly from charts. Multiple timeframes on one screen. Price alerts that trigger automatically. Technical analysis tools built into the platform. Conditional orders. DEGIRO splits analysis from execution. Professional platforms unify them.
1 – ProRealTime
DEGIRO gives you price charts and a buy button. ProRealTime gives you a complete trading platform.
The difference shows up fast when you’re doing more than basic buy-and-hold. Advanced charting with 100+ technical indicators. Order placement directly from your charts. Backtesting to test strategies before risking money. Pattern recognition that spots setups automatically. Everything in one place.
Execution runs through Interactive Brokers, a Nasdaq-listed broker handling over 3.5 million daily trades. You get access to global markets DEGIRO doesn’t cover, with institutional-grade execution. ProRealTime handles the analysis and trading interface. IBKR handles the market access and order routing.
2 – Interactive Brokers
Same execution backbone as ProRealTime, simpler approach. If you don’t need charting but DEGIRO’s product selection feels limited, IBKR solves it. The difference is depth, not just geography. DEGIRO offers stocks and ETFs. IBKR adds options, futures, bonds, forex, and derivatives. 150+ markets with full product ranges, not just the core selections DEGIRO approves for your country.
The platform comes in multiple versions. GlobalTrader for simple mobile trading. Trader Workstation for professionals. Client Portal for browser access. Pick what matches your level. Connect ProRealTime or any other compatible trading platform later if you want advanced charting and trading directly from charts.
3 – Saxo
DEGIRO gives you price data. Saxo gives you analyst opinions on that data. Every stock in SaxoTrader includes research tabs—aggregated news headlines, analyst ratings with buy/sell signals, and fundamental analysis. Click on Apple, see what most analysts recommend. Click on any company, get the same research breakdown. No external sites needed.
The charting goes beyond DEGIRO’s basic price charts. Add technical indicators like RSI or moving averages. Draw support and resistance lines directly on charts. Customize your workspace by dragging modules around the screen—expand your watchlist full-screen or focus entirely on charts. Product range includes stocks, ETFs, forex, options, and futures across global markets. Advanced order types with limit orders that let you set exact maximum prices.
The trade-offs? Higher fees than discount brokers. Steeper learning curve for all the features. But if you want analyst research and professional charting built into your trading platform, Saxo offers capabilities DEGIRO doesn’t provide.
4 – XTB
ProRealTime has 100+ indicators. Saxo has analyst research tabs. IBKR has multiple platform versions. XTB has xStation 5—one clean platform built for fast trading.
Real-time price data, candlestick charting, and flexible order types without the learning curve. 0% commission on stocks and ETFs up to €100K monthly volume, then 0.2% beyond that. Good for active traders who place frequent trades without hitting premium broker fees. The platform works seamlessly on mobile—execute trades from your phone with the same speed as desktop. Over 1 million traders use xStation 5 across 20+ years. It’s established, regulated in multiple countries, and designed for traders who want execution speed without platform complexity.
The trade-off? Less depth than the professional platforms. No advanced backtesting like ProRealTime. Fewer markets than IBKR. Less integrated research than Saxo. But if you want fast, clean execution on stocks and ETFs without wrestling with complicated interfaces, XTB delivers straightforward trading tools
0% commission up to €100,000 invested per month. 0.2% commission beyond this limit. Currency conversion fees of 0.5% may apply.
FAQ
What happens if DEGIRO goes bust?
DEGIRO operates under flatexDEGIRO Bank and is covered by the German Investor Compensation Scheme, which compensates up to 90% of non-returned assets, capped at €20,000. Your securities (stocks, ETFs) are held in segregated entities separate from DEGIRO’s own assets, so they remain yours if the broker fails. The €20,000 cap only applies if there’s a shortfall in those segregated assets. Uninvested cash in your DEGIRO Cash Account is protected separately by the German deposit guarantee scheme up to €100,000. Each broker operates under different compensation schemes based on their regulatory jurisdiction. Check your specific broker’s protection details.
Is IBKR better than DEGIRO?
Interactive Brokers offers more. More markets (150+ vs DEGIRO’s limited selection), more products (options, futures, bonds, forex), and professional-grade platforms. DEGIRO is simpler and cheaper for basic stock and ETF investing in Europe. IBKR no longer charges monthly inactivity fees for standard retail accounts, so the cost difference mainly comes down to trading commissions and platform complexity. If you’re trading multiple asset types or need advanced tools, IBKR is the better choice. If you’re buying ETFs monthly with small amounts, DEGIRO’s simplicity works fine. The trade-off is complexity versus capability.
What are the top 3 brokers in Europe?
By client base, flatexDEGIRO (the group behind DEGIRO) serves over 3 million clients. eToro has around 3.6 million funded accounts from 38 million total registered users globally. Trading 212 and XTB each serve over a million active users. Saxo Bank has fewer clients (around 1.3 million accounts) but manages significantly higher client assets at over €114 billion. Fewer traders, but larger account sizes. Rankings shift depending on whether you measure by user count, assets under management, or client equity. Larger doesn’t always mean better. Platforms serve different trader types with different needs.
Why is DEGIRO so cheap?
DEGIRO cuts costs by keeping the platform lean. Basic charting tools instead of advanced analysis. Limited research compared to full-service brokers. Lower overhead across European markets. They also generate revenue through securities lending on standard accounts. Your shares can be loaned out to short sellers unless you opt for a custody account at higher fees. The business model works for buy-and-hold investors who prioritize low fees over professional tools. Active traders pay for the simplicity through platform limitations and manual execution on every trade.
Maxime holds two master’s degrees from the SKEMA Business School and FFBC. As founder and editor-in-chief of NewTrading.fr, he writes daily about financial trading.
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