DEGIRO
Wealthsimple
VS
Higher Rated
DEGIRO
Capital at risk · T&Cs apply
In the world of online brokerage, DEGIRO and Wealthsimple cater to distinct types of traders with their unique offerings. DEGIRO, headquartered in Amsterdam and renowned for its very low commissions and access to over 50 global stock exchanges, appeals to European investors looking for cost-effective stock trading without minimum deposit requirements. In contrast, Wealthsimple, based in Toronto, is ideal for Canadian traders seeking commission-free stock and ETF trading, along with the convenience of built-in crypto options and managed portfolios. While DEGIRO lacks forex and crypto trading, Wealthsimple limits its market reach to Canada and the US, highlighting a key difference between the two brokers.
DEGIRO
Wealthsimple
| DEGIRO | Wealthsimple | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.2/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | FCA | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
DEGIRO is the better choice overall, scoring 3.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, DEGIRO offers lower spreads (0 pips).
See full side-by-side comparison belowDEGIRO
Wealthsimple
DEGIRO
Wealthsimple
Lower fees
DEGIRO
3.3/5
Choose DEGIRO if you want…
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
DEGIRO scores higher overall on our independent rating system. DEGIRO holds a 3.3/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
DEGIRO offers spreads from 0 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
DEGIRO requires a minimum deposit of $0. Wealthsimple requires $0.
DEGIRO is regulated by FCA, while Wealthsimple holds licences from SEC.
DEGIRO supports Proprietary Web, Proprietary Mobile. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.