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Degiro vs ICM Brokers

DEGIRO vs ICM Brokers Comparison Table 2024
DEGIRO ICM Brokers
Review
2.8
Review
1.5

DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.

ICM Brokers is a Vanuatu-based broker offering a range of markets including CFDs, forex, futures, and options. The broker does not hold any top-tier licenses and there is limited company information available online.

Investing involves risk of loss
Comment by Reviewer
"Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs." "ICM Brokers could serve traders that are looking for fixed spreads, high leverage and willing to pay the $250 minimum deposit."
Pros
  • Low minimum deposit
  • Multiple account currencies
  • Commission-free stock trading
  • Access 50 exchanges in 30 countries
  • Beginner-friendly platform and app
  • Regulated by BaFin and FCA
  • No inactivity fee
  • 90+ global awards
  • 2+ million users
  • Daily technical analysis report on key markets, including EUR/USD and Dow Jones
  • Access to the renowned MetaTrader 4 platform with customizable charting tools
  • Integrated economic calendar for keeping up with market events
  • Highly leveraged trading up to 1:400
Cons
  • No copy trading
  • No demo account
  • No MT4 integration
  • No CFD trading
  • Few payment methods
  • Uncompetitive fixed spreads and high commissions
  • Withdrawals must be made via request form
  • Offshore regulation reduces client safety
  • Limited range of trading instruments
  • Narrow range of funding methods
  • Slow customer support upon testing
Awards
  • Best Online Broker - Qualebroker 2022 (Italy)
  • Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy)
  • Best Discount Broker - Broker Chooser 2022 (UK)
  • Best Broker For Stock Trading - Broker Chooser 2022 (UK)
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants Forex, equity CFDs, precious metals, energies, futures
Demo Account
No Yes
Minimum Deposit
$0 $250
Trading Platforms
  • Own
  • MT4
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
BaFin, FCA VFSC
Margin Trading
Yes No
Margin Rate
4%
STP Account
No No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android & Windows Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered CFDs are available to trade on the powerful MT4 platform with a free demo account to test out strategies. With that said, the demo is only available for 20 days, which is disappointing.
Leverage
1:400 (Retail), 1:100 (Pro)
FTSE Spread
N/A 3.5
GBPUSD Spread
N/A 3
Oil Spread
N/A Floating
Stocks Spread
N/A (Flat fee applies) Variable
Forex Trading
Forex trading not offered Trade a small range of currency pairs with fixed spreads and high leverage up to 1:400. On the downside, fees are not the most competitive vs other brokers.
GBPUSD Spread
N/A 3
EURUSD Spread
N/A 2
EURGBP Spread
N/A 3
Assets
20+
Review
Review
Investing involves risk of loss
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