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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.

Broker 1
Broker 2
VS field
Selfwealth

selfwealth.com.au

ETF BrokerStock BrokerETF
DEGIRO

degiro.com

ETF BrokerMulti Asset BrokerETF
Decision summary
Overall score
82
91
Trust score
86
100
Cost score
82
92
Platform score
78
92
Withdrawal score
80
89
Best for
Australian buy-and-hold share and ETF investors · Investors who value CHESS-sponsored ASX holdings and predictable brokerage · Families, SMSFs, trusts or companies needing multipl…
European self-directed investors seeking low-cost access to stocks and ETFs · Investors who prefer web/mobile platforms and exchange-traded products
Watch out
Needs verification
Needs verification
Trust & regulation
Regulators
ASIC / Australian Financial Services Licence regime
Source
Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB.
Source
License numbers
AFSL No. 421789
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
SelfWealth Pty Ltd ABN 52 154 324 428, AFSL No. 421789
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 applicable to the checked non-leveraged cash share/ETF brokerage offering
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
No specific statutory investor-compensation scheme disclosed on checked pages; cash is held in an ANZ trust account and ASX shares are CHESS-sponsored
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
Country restrictions / accepted resident jurisdictions not fully disclosed in checked public pages; official pages target Australian investors
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
No minimum balance; $0 cash balance can be held indefinitely. ASX new holdings require minimum trade value separate from deposit.
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 or not broker-level for this investment-platform profile; review if leveraged products apply.
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
Flat trade commissions rather than spread/percentage commissions for core share trades
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
Not applicable / not disclosed for ordinary Selfwealth stock and ETF investing; no margin/leverage product identified in checked official pages
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
No Selfwealth deposit fee disclosed; no deposit/withdrawal fees stated on US trading page; ANZ cash trading account has no fees
Source
No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees.
Source
Withdrawal fee
No Selfwealth cash withdrawal fee disclosed; no deposit/withdrawal fees stated on US trading page
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 fees
Source
No inactivity fee; UK fee page lists inactivity fee as €0.
Source
Markets, platforms & payments
Tradable assets
ASX/Cboe shares and ETFs; US stocks and ETFs; HKEX shares only where available
Source
Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability.
Source
Trading platforms
Desktop/web platform and free Selfwealth mobile app
Source
DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android.
Source
Account types
Individual, joint, minor, company, trust, SMSF; supported for advisers and financial professionals
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
EFT, BPAY, and Osko-enabled bank transfers
Source
Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency.
Source
Withdrawal methods
Withdraw AUD cash to nominated bank account; international cash must be converted back to AUD first
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
Next business day before 2pm cut-off; withdrawals are not instant and take 1-2 business days
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.