DEGIRO alternatives: 11 online brokers tools compared

People look for a DEGIRO alternative when the per-trade fee table adds up, when they want a platform in English or with other account types, or when they need products and markets the broker does not suit. Options range from a UK app with a free plan to US brokers, a Danish bank and multi-asset platforms.

Short answer: Freetrade, Saxo and eToro head the list of DEGIRO alternatives drawn from our online brokers ranking. Places 1 to 3 go to challengers, vendors outside the best-known brands in a category, wherever the category has them; the established names follow from place 4 in their ranked order. Freetrade is the one to try if you want a free base plan and a UK pension or ISA wrapper. Each of the 11 alternatives sits in Best Online Brokers in 2026 and is described against DEGIRO.

Vendors can pay for more visibility on this website, for example a higher place in a ranking or more room on a page. Commercial relationships can also affect which products we feature and how prominently. Every vendor link is marked the same, whatever the arrangement behind it. How that works.

DEGIRO

#2 of 13 in our online brokers ranking

  • Pricing: Per-trade commission plus a handling fee, published in euros on a dated tariff page; currency and connectivity charges added
  • Established in: Not stated by the vendor
  • Built for: Investors trading small, regular orders in European or US stocks and core ETFs
  • Not for: Active traders making many small trades, who feel handling fees
01

Why buyers look past DEGIRO

  1. 01

    Every small order pays two fees

    The Dutch tariff page dated 1 October 2025 shows Euronext Amsterdam stocks at EUR 2 commission plus a EUR 1 handling fee. Worldwide ETFs carry the same EUR 2 plus EUR 1, and even the core selection ETFs pay the EUR 1. For frequent small purchases the handling fee is a visible share of each order.

  2. 02

    Currency and connectivity costs sit beside the trade fee

    Converting currency costs 0.25%, and a manual USD or GBP conversion adds EUR 10 on top. Connectivity costs 0.25% of portfolio value per exchange per year, capped at EUR 2.50, with Amsterdam and Brussels free. US options and futures cost EUR 5 per exchange per calendar month.

  3. 03

    The service is execution-only

    DEGIRO's own page says it supplies a platform and tools but gives no investment advice. It is a Dutch branch of a German bank, with uninvested cash protected up to EUR 100,000. Savers who want advice, a robo portfolio or an account type it does not list need to look elsewhere.

02

11 alternatives at a glance

Smaller vendors first, big brands after
AlternativeHeadquartersFree optionPricing model Switch ifOur rank
FreetradeUnited KingdomYesPublishedyou want a free base plan and a UK pension or ISA wrapper#1
SaxoDenmarkNo free tierSee profileyou want a European bank and expect to trade enough to reach a higher tier#5
eToroNot stated by the vendorNo free tierPublishedyou want stocks, crypto and a practice account in one app#9
tastytradeNot stated by the vendorNo free tierPublishedoptions and futures matter more to you than long-term investing#4
FirstradeNot stated by the vendorNo free tierPublishedyou buy US securities and want the costs spelled out in one schedule#3
WebullNot stated by the vendorNo free tierPublishedyou want to rehearse with simulated money before using real funds#7
PublicNot stated by the vendorNo free tierSee profileyou want one US account holding crypto, bonds and cash#6
Ally InvestNot stated by the vendorNo free tierPublishedyou want advice or a managed portfolio inside the same firm#8
Interactive BrokersNot stated by the vendorNo free tierSee profileyou trade across many markets and accept a steeper learning curve#10
E*TRADENot stated by the vendorNo free tierPublishedyou want a long per-product fee table that discounts active options traders#12
Charles SchwabNot stated by the vendorNo free tierSee profileyou want retirement, education and business accounts under one roof#11
03

What each one does differently

Freetrade

United Kingdom · Published

Freetrade Limited is incorporated in England and Wales, regulated by the Financial Conduct Authority and, per its security page, wholly owned by IG Group since 2025. Dealing commission is zero on three plans, with the plan setting FX fee and cash interest. Basic charges 0.99% on non-sterling trades, and ISA and SIPP accounts are offered.

Switch from DEGIRO if you want a free base plan and a UK pension or ISA wrapper.

More on Freetrade: ranked 1 of 13 in online brokers →

Saxo

Denmark · See profile

Saxo Bank A/S sits in Hellerup and answers to the Danish Financial Supervisory Authority. Pricing steps down through Classic, Platinum and VIP, and the annual custody fee falls from 0.15% to 0.09%. The commission table showed no figures on the page we read, and moving stocks out costs EUR 25 to EUR 50 per ISIN.

Switch from DEGIRO if you want a European bank and expect to trade enough to reach a higher tier.

Our online brokers guide puts Saxo at 5 of 13; read why →

eToro

Not stated by the vendor · Published

eToro prints a fee page in which ETFs are commission-free and real stocks cost $1 or $2 per open and close by country. Crypto is 1% per position from Bronze to Gold and 0.10% at the top tier. CFDs pay overnight fees, tripled at weekends, and a demo account is available for practice.

Switch from DEGIRO if you want stocks, crypto and a practice account in one app.

More on eToro: ranked 9 of 13 in online brokers →

tastytrade

Not stated by the vendor · Published

tastytrade, Inc. was called tastyworks before and shows FINRA, SIPC and NFA membership. Stocks and ETFs cost $0 to open and close, options $1 per contract to open and crypto 1%. Margin is shown at 6.75% on the whole balance, and futures add exchange and clearing fees. It publishes a single schedule.

Switch from DEGIRO if options and futures matter more to you than long-term investing.

Full verdict on tastytrade, which sits at number 4 of 13 for online brokers →

Firstrade

Not stated by the vendor · Published

Firstrade Securities Inc. holds FINRA and SIPC membership. Stocks, ETFs and options carry $0 commission, and the options regulatory fee becomes $0.02 per contract from 1 July 2026. Broker-assisted orders cost $19.95, as does a short-term redemption on mutual fund shares held under 90 days. Extended-hours trading is listed.

Switch from DEGIRO if you buy US securities and want the costs spelled out in one schedule.

#3 out of 13 online brokers products: read the Firstrade review →

Webull

Not stated by the vendor · Published

Webull Financial LLC is a member of FINRA, SIPC, NYSE, NASDAQ and Cboe EDGX, with crypto handled by the separate Webull Pay LLC. Listed stocks, ETFs and options carry no commission. Certain index options cost $0.50 per contract and algo orders $0.0050 per share. Paper trading is offered.

Switch from DEGIRO if you want to rehearse with simulated money before using real funds.

Our online brokers guide puts Webull at 7 of 13; read why →

Public

Not stated by the vendor · See profile

Public puts stocks, ETFs, more than 60 crypto assets, bonds and AI-built Generated Assets on one homepage. Options earn a rebate of $0.06 to $0.18 per contract, and a cash account advertises a 3.75% APY. Its pricing page returned a 404 for us, so costs rest on homepage claims.

Switch from DEGIRO if you want one US account holding crypto, bonds and cash.

See the full Public entry, ranked 6 of 13 among online brokers products →

Ally Invest

Not stated by the vendor · Published

Ally Invest charges $0.50 per options contract and $1 per bond, minimum $10. Its ladder starts with a cash account needing no minimum, a margin account at $2,000, Robo Portfolios at $100 and Personal Advice at $100,000. Stocks under $2 cost $4.95 plus $0.01 per share. An ACAT transfer credit is offered.

Switch from DEGIRO if you want advice or a managed portfolio inside the same firm.

See the full Ally Invest entry, ranked 8 of 13 among online brokers products →

Interactive Brokers

Not stated by the vendor · See profile

Interactive Brokers LLC prices through Fixed, Tiered and IBKR Lite models, where Lite is described as $0 on US stocks and ETFs. Five platforms are listed: IBKR Desktop, Client Portal, IBKR Mobile, Trader Workstation and GlobalTrader. Margin loans start at 4.38%, and per-share rates were absent from the text we read.

Switch from DEGIRO if you trade across many markets and accept a steeper learning curve.

Our online brokers guide puts Interactive Brokers at 10 of 13; read why →

E*TRADE

Not stated by the vendor · Published

E*TRADE lists $0 online commission on US-listed stocks and ETFs. Options cost $0.65 per contract, or $0.50 with 30 or more trades a quarter, and futures $1.50 per side plus exchange and NFA fees. Crypto costs 0.50% of notional through zerohash. A broker-assisted trade adds $25 and an OTC stock $6.95.

Switch from DEGIRO if you want a long per-product fee table that discounts active options traders.

Open the E*TRADE profile, 12nd of 13 in the online brokers guide →

Charles Schwab

Not stated by the vendor · See profile

Schwab's pricing page lists $0 online commission on listed stocks and ETFs, with no account minimum and no opening or maintenance fee. Accounts range from individual brokerage and IRAs to 529 plans and Business 401(k). Options add $0.65 per contract, futures $2.25, and broker-assisted stock trades $25.

Switch from DEGIRO if you want retirement, education and business accounts under one roof.

Read our review of Charles Schwab (position 11 of 13 on the online brokers list) →

—

Which alternative for which situation

  1. 01

    You want an ISA or SIPP and a free base plan

    Freetrade: Dealing commission is zero on all plans, with a 0.99% FX fee on non-sterling trades at Basic.

  2. 02

    You want a European bank with tiered pricing

    Saxo: It is headquartered in Denmark under Danish supervision, and its custody fee falls from 0.15% to 0.09% across tiers.

  3. 03

    You want to practise before investing real money

    eToro: It lists a demo account, commission-free ETFs and stocks at $1 or $2 per open and close.

  4. 04

    You trade options and futures

    tastytrade: Stock options cost $1 per contract to open, with a single published fee schedule and exchange fees on futures.

  5. 05

    You want one firm for many markets and platforms

    Interactive Brokers: It lists Fixed, Tiered and Lite commission models and five platforms, with margin loans from 4.38%.

04

When DEGIRO is still the right choice

DEGIRO is worth keeping when you invest in smaller, regular amounts on Euronext Amsterdam or the core selection ETFs, where fees are known in advance. Custody, inactivity, deposit and withdrawal charges are listed at EUR 0, more than 45 exchanges in about 30 countries are offered, and a pension account exists. Check your own order sizes before leaving.

05

What moving off DEGIRO involves

  1. 01

    Transfers and tax records need planning

    Moving holdings to another broker may mean an in-kind transfer or a sale. Saxo lists EUR 25 to EUR 50 per ISIN to move stocks out, so ask both brokers about transfer fees and keep your cost-basis records before you start.

  2. 02

    Check who may open an account

    Several brokers here are US firms whose pages we read did not state which countries they serve. Confirm that your country of residence is accepted, how currency conversion is priced, and which tax forms apply before you move funds.

06

Questions about replacing DEGIRO

7 answers
What does DEGIRO charge per trade?

On the Dutch tariff dated 1 October 2025, Euronext Amsterdam stocks cost EUR 2 plus a EUR 1 handling fee. Worldwide ETFs cost EUR 2 plus EUR 1, core selection ETFs EUR 0 plus the EUR 1, and crypto 0.29%.

Does DEGIRO charge for custody or inactivity?

No fee is listed for custody, inactivity, deposits or withdrawals, all shown at EUR 0. Currency conversion at 0.25% and the capped connectivity fee still apply.

Is DEGIRO a European broker?

The Dutch operation is a branch of flatexDEGIRO Bank SE, a German bank supervised by BaFin, with the branch registered with DNB and supervised by AFM and DNB.

Which alternative is based in Europe?

Saxo is headquartered in Denmark under Danish supervision. Freetrade is a UK company authorised by the FCA. Most other brokers on this page are US firms that name no country on the pages we read.

Which alternatives have a practice account?

eToro lists a demo account and Webull offers paper trading. Check each provider's terms before assuming the same access in your country.

Which alternative suits options or futures traders?

tastytrade publishes per-contract options and futures fees, and E*TRADE lists $0.65 per options contract and $1.50 per futures side. Interactive Brokers offers Fixed, Tiered and Lite models.

Can I keep a pension account elsewhere?

DEGIRO offers a pension account. Freetrade lists ISA and SIPP accounts, while Schwab lists IRAs. These are not interchangeable across countries, so confirm eligibility first.

—

Sources

Checked 9 November 2026
  • DEGIRO tariffs: Dated 1 October 2025 fees: commission, handling fee, currency, connectivity, EUR 0 custody and inactivity.
  • DEGIRO about: Operator, regulators, EUR 100,000 cash protection, execution-only, 45 exchanges, pension account.
  • DEGIRO safe investing: flatexDEGIRO Bank SE branch, KvK and BaFin, DNB and AFM supervision.
  • Freetrade: FCA authorisation, IG Group ownership, plans, FX fee, ISA and SIPP.
  • Saxo: Hellerup, Danish FSA, tiers, custody 0.15% to 0.09%, transfer-out fees.
  • eToro: Fee page, crypto tiers, CFD overnight fees, demo account.
  • tastytrade: Fee schedule, FINRA SIPC NFA, margin rate.
  • Firstrade: Fee schedule, options regulatory fee, redemption fee.
  • Webull: Membership, index option and algo fees, paper trading.
  • Public: Asset list, options rebate, 3.75% APY claim.
  • Ally Invest: Options and bond fees, account minimums.
  • Interactive Brokers: Fixed, Tiered, Lite, platforms, margin rate.
  • E*TRADE: Options, futures, crypto and assisted-trade fees.
  • Charles Schwab: Pricing page, account types, options and futures fees.
—

Who wrote this

Last reviewed 9 November 2026

Sebastiaan Smits

Founder · Amsterdam, Netherlands

Founder of The Knowledge Engineers and of 2 Steps Ahead, an AI search visibility agency. Editorially responsible for every page on this site; research and drafting are AI-assisted.

Sebastiaan Smits wrote and checked this page, most recently on 9 November 2026. See how we review.

—

Alternatives to other products