DEGIRO vs Wealthsimple 2026: Which Broker is Better?
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 | CIRO |
| 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 vs Wealthsimple: Key Differences
DEGIRO
Wealthsimple
Still deciding between DEGIRO and Wealthsimple?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
DEGIRO
Wealthsimple
Lower feesBrokerRank Verdict
Who Should Choose Which?
DEGIRO
3.3/5
Choose DEGIRO if you want…
- Higher overall rating (3.3/5)
- More market types (3)
- More established (est. 2013)
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
- No per-trade commission
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is DEGIRO better than Wealthsimple?
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.
2Which has lower fees, DEGIRO or Wealthsimple?
DEGIRO offers spreads from 0 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for DEGIRO vs Wealthsimple?
DEGIRO requires a minimum deposit of $0. Wealthsimple requires $0.
4Which broker is safer, DEGIRO or Wealthsimple?
DEGIRO is regulated by FCA, while Wealthsimple holds licences from CIRO.
5What trading platforms do DEGIRO and Wealthsimple support?
DEGIRO supports Proprietary Web, Proprietary Mobile. Wealthsimple supports Proprietary Web, Proprietary Mobile.
6Can I use both DEGIRO and Wealthsimple?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
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.
Featured
Deriv
4.0Capital at risk · T&Cs apply
