Broker Comparisons
Find the best broker for your investing style. We compare fees, features, and real-world costs so you don't have to.
New Apr 21, 2026
DeGIRO vs IBKR vs Trading 212: Full Comparison
Head-to-head breakdown: fees, safety, tax handling, and which broker fits your strategy. Updated Apr 21, 2026.
Updated Apr 12, 2026Best Brokers for European ETF Investors
Complete comparison of DeGIRO, Interactive Brokers, Trading 212, eToro, and more.
Quick Verdict: Which Broker Fits You?
| If You Are... | Best Broker | Why |
|---|---|---|
| Beginner, investing <€500/month | Trading 212 | Zero fees, fractional shares, AutoInvest, 3% interest on EUR cash |
| Dutch investor, monthly ETF buys | DeGIRO | ETF Core Selection at €1/trade, Dutch-regulated, NL tax documents |
| Large portfolio (€50K+), US exposure | IBKR | Cheapest FX conversion, 150+ exchanges, professional tools |
| Multi-currency, global diversification | IBKR | Near-interbank FX rates, 27 base currencies |
| Want everything automated | Trading 212 | AutoInvest pies, no fees, interest on cash |
Quick Compare: Top Brokers for Europeans
DeGIRO
Best for EU ETF InvestorsETF Fee: Core Selection €1 handling; other ETFs €2 + €1 handling
Min. Deposit: €0
FX Fee: 0.25%
Interest on Cash: None
Regulator: AFM (Netherlands), BaFin
Tax Report: ✅ Dutch jaaroverzicht
Best for: Long-term ETF investors, Dutch tax ease
Interactive Brokers
Best for Advanced InvestorsETF Fee: 0.05% (min €0.50)
Min. Deposit: €0
FX Fee: ~0.002% (near-interbank)
Interest on Cash: ~2.0% EUR (variable — tied to ECB deposit facility rate)
Regulator: Central Bank of Ireland, FCA
Tax Report: ✅ Annual statement
Best for: Large portfolios, US exposure, multi-currency
Trading 212
Best for BeginnersETF Fee: €0 (0.5% FX fee on non-EUR)
Min. Deposit: €1
FX Fee: 0.15%
Interest on Cash: ~2.5% EUR (variable — check Trading 212 for current rates)
Regulator: FCA (UK), CySEC (EU)
Tax Report: ❌ No Dutch tax docs
Best for: Beginners, fractional shares, automation
Key Differences at a Glance
💰 Total Cost (€100K portfolio, 50% US)
- DeGIRO: ~€180/year
- IBKR: ~€-69/year (net gain with interest)
- Trading 212: ~€-75/year (net gain with interest)
🛡️ Cash Protection
- DeGIRO: €100,000 (German scheme)
- IBKR: €20,000 (Irish ICS) + SIPC $500K (US)
- Trading 212: €20,000 (Bulgarian scheme)
📊 Exchange Access
- DeGIRO: ~50 exchanges
- IBKR: 150+ markets worldwide
- Trading 212: ~10 exchanges (major US + EU)
🇳🇱 Dutch Tax Handling
- DeGIRO: ✅ Full jaaroverzicht, Box 3 data, iDEAL
- IBKR: ⚠️ Annual statement (manual calculation)
- Trading 212: ❌ No Dutch tax documents
💡 Pro Tip: Use Two Brokers
Many experienced European investors use DeGIRO + IBKR:
- DeGIRO: European ETFs (Core Selection, Dutch tax docs, iDEAL)
- IBKR: US securities and international bonds (best FX rates)
Portfolio transfers between them are free (ACAT/electronic), typically taking 2-4 weeks.
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