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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

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Broker 2
VS field
Avanza

avanza.se

Stock BrokerETF BrokerETF
DEGIRO

degiro.com

ETF BrokerMulti Asset BrokerETF
Decision summary
Overall score
84
91
Trust score
90
100
Cost score
78
92
Platform score
78
92
Withdrawal score
74
89
Best for
Sweden-based retail investors · fund and ETF investors · Nordic/European/US/Canada equity investors
European self-directed investors seeking low-cost access to stocks and ETFs · Investors who prefer web/mobile platforms and exchange-traded products
Watch out
Eligibility and country availability require manual review · no direct evidence of negative balance protection · withdrawal/inactivity fees not explicitly confirmed in reviewed so…
Needs verification
Trust & regulation
Regulators
Swedish Financial Supervisory Authority (Finansinspektionen / Swedish FSA)
Source
Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB.
Source
License numbers
Company registration numbers: Avanza Bank AB (publ) 556573-5668; Avanza Bank Holding AB (publ) 556274-8458. Specific FI authorisation/license number not disclosed in reviewed sources.
Source
Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245.
Source
Regulated entities
Avanza Bank AB (publ), Swedish Reg. No. 556573-5668; Avanza Bank Holding AB (publ), Swedish Reg. No. 556274-8458; subsidiaries include Avanza Bank AB, Avanza Fonder AB and Försäkringsaktiebolaget Avanza Pension.
Source
DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main.
Source
Negative balance protection
Not disclosed for the reviewed brokerage/margin products; manual FX FAQ indicates negative currency positions are possible on Aktie- och fondkonto with credit and margin requirements, so human review is needed before claiming negative balance protection.
Source
No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only.
Source
Investor compensation
Client cash/deposits are covered by Swedish deposit insurance up to SEK 1,150,000 per person/institution from 1 Jan 2026; investor protection covers securities/money handled in investment services up to SEK 250,000 if assets cannot be returned. Avanza's own account legal document states investor protection applies to financial instruments and gives an older deposit-guarantee figure, so current limit should be verified at publication time.
Source
Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply.
Source
Restricted countries
Not published as a country blacklist in reviewed sources. Eligibility is constrained by EU/EEA tax residency and Swedish bank-account requirements for the reviewed account agreement; availability outside Sweden requires human review.
Source
Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page.
Source
Costs & account conditions
Minimum deposit
0 SEK stated as the account 'Insättningskrav' for listed account types on the account price list.
Source
No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account.
Source
Spread from
Not applicable as a core disclosed broker spread because Avanza is primarily a share/fund/bank investment platform rather than a CFD/spot-FX broker; exchange-traded products may display market bid/ask spreads per instrument.
Source
Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs.
Source
Commission
Swedish stock brokerage on Stockholm Exchange: Start 0%/0 SEK; Mini 0.25% min 1 SEK; Small 0.15% min 39 SEK; Medium 0.069% min 69 SEK; Fixed Price 0% min 99 SEK. Other venues and phone orders have different minimums.
Source
Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply.
Source
Maximum leverage
Avanza Markets exchange-traded products can provide leveraged long/short exposure from x1 up to x20; margin lending is also available against shares and funds. This is product/margin leverage, not CFD retail-account leverage.
Source
DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources.
Source
Deposit fee
Swish and Trustly direct deposits are free; account price list also shows 0 SEK deposit fee for listed account types.
Source
No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees.
Source
Withdrawal fee
No explicit withdrawal fee found in reviewed official funding and account-fee pages; account price list shows account/deposit/custody fees but not a withdrawal fee.
Source
No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees.
Source
Inactivity fee
No inactivity fee found in reviewed official account-fee, administrative-fee and customer-service sources.
Source
No inactivity fee; UK fee page lists inactivity fee as €0.
Source
Markets, platforms & payments
Tradable assets
Swedish and international stocks, over 1,400 funds, ETFs, around 40,000 exchange-traded products including trackers and ETFs, bull & bear certificates, warrants, mini futures, options and futures; exposure includes indexes, equities, commodities and currencies; crypto exposure appears via listed exchange-traded products/certificates rather than direct crypto wallets.
Source
Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability.
Source
Trading platforms
Avanza web platform, Avanza mobile app, and Infront trading system for active traders/Pro/Private Banking.
Source
DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android.
Source
Account types
Aktie- och fondkonto, ISK, Kapitalförsäkring, Sparkonto, IPS, Pensionsförsäkring, Tjänstepension; plus Private Banking/Pro customer segments.
Source
DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available.
Source
Deposit methods
Swish, Trustly direct deposit, ordinary bank transfer; for newer account-number format, Swish, Trustly and Autogiro are alternatives; internal transfer from Aktie- och fondkonto may be used.
Source
Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency.
Source
Withdrawal methods
Withdrawals are made to the customer's external bank account via Avanza's withdrawal page; transfers to another person's account are restricted/not evidenced as supported.
Source
Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn.
Source
Withdrawal processing time
Approved external accounts: withdrawals before 14:30 arrive the same afternoon; after 14:30 arrive next day. Newly added/unapproved accounts: before 05:30 usually same afternoon; after 05:30 next bank day; weekends process next bank day; large withdrawals may require checks.
Source
Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete.
Source

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.