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/biz/ - Business & Finance

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1895635 No.1895635 [Reply] [Original]

Which broker is better for European traders?

>> No.1897512

>>1895635
>euro traders
are you allowed to trade in socialism?

>> No.1898788

>>1895635
they're not even comparable

degiro is a broker - you open an account with them and they allow you access to various exchanges around the world, you can trade on these exchanges via them in exchange for a small fee - commission

Trading 212 is a bucket shop - they're basically the poor man's version of a broker and were made illegal in the United States over 100 years ago - they don't provide you with access to any exchanges but will provide you with their own two way quotes - you trade against them rather them them acting as an agent/broker on your behalf. There are some rather obvious conflicts of interest that occur as a result of that.

If you didn't previously even know that difference then I'd suggest you've got rather a lot to learn before even attempting to open an account at either firm.