Interactive Brokers vs DEGIRO: Compare and Track Both
Two of Europe's most popular brokers for serious investors. Different strengths, often used together — and finally trackable in one place.
Free tier available • No credit card required • CSV import only
IBKR vs DEGIRO at a Glance
A quick comparison of these two popular brokers among European investors.
| Feature | Interactive Brokers | DEGIRO |
|---|---|---|
| Best for | Advanced/active investors, global access | Cost-conscious European ETF investors |
| Trading fees | Tiered/fixed pricing, competitive for volume | Low flat fees |
| Product range | Stocks, ETFs, options, futures, forex, bonds (150+ markets) | Stocks, ETFs, bonds, options, futures |
| Platform | TWS (desktop) + Client Portal (web) | Web + mobile |
| Regulation | Multiple (US, UK, IE, etc.) | AFM / BaFin |
| Margin/leverage | Extensive | Limited |
| Currency conversion | Manual, competitive rates | Auto, with spread |
| Options trading | ||
| Futures trading | ||
| Forex trading |
IBKR fee structures are complex and vary by account type and volume. Verify current terms on each broker's website.
Key Differences Explained
Fee structures: Interactive Brokers uses tiered or fixed pricing that becomes very competitive for larger portfolios and active trading. DEGIRO offers simpler, lower flat fees that work well for casual investors. For small, infrequent trades, DEGIRO is often cheaper. For larger or more active portfolios, IBKR can be more cost-effective.
Market access: IBKR provides access to 150+ markets in 33 countries — stocks, ETFs, options, futures, forex, bonds. DEGIRO covers major European and US markets but with fewer exchanges and products. If you need global market access or trade complex instruments, IBKR wins.
Platform complexity: IBKR's Trader Workstation (TWS) is powerful but has a steep learning curve. DEGIRO is much simpler — better for investors who just want to buy and hold without complex tools. IBKR's Client Portal offers a lighter alternative but still has more complexity than DEGIRO.
Currency handling: Both support multi-currency accounts. IBKR lets you manually convert currencies at competitive rates. DEGIRO automatically converts with a spread. For investors holding significant non-EUR positions, IBKR's approach is often cheaper.
Using Both Brokers? Track Everything in One Place
Many European investors use both: DEGIRO for simple, low-cost European ETF investing, Interactive Brokers for US options, broader global access, or multi-currency trading. The problem? You can't see your total portfolio performance across both.
IBKR's PortfolioAnalyst is powerful but only shows IBKR holdings. DEGIRO's interface is basic. Neither shows your combined allocation, total dividend income, or overall benchmark comparison.
TrackinV solves this. Import CSV exports from both Interactive Brokers and DEGIRO. See unified time-weighted returns across all holdings, multi-currency positions consolidated, combined dividends, total allocation — the complete picture.
What You Get with Multi-Broker Tracking
Once you import from both brokers, TrackinV unlocks analytics neither platform provides alone.
Combined TWR Across Both Accounts
See your true time-weighted return across Interactive Brokers and DEGIRO combined. One performance number for your entire portfolio.
Multi-Currency Performance
IBKR users often trade in USD, EUR, GBP. TrackinV consolidates all currencies into your base currency with proper FX adjustments.
Total Allocation View
Understand your sector and geographic exposure across both brokers. See your true concentration in US tech, European stocks, or emerging markets.
Unified Dividend Calendar
All dividend payments from both brokers in one calendar. Track yield across your entire portfolio, not just per broker.
Benchmark Your Entire Portfolio
Compare your combined IBKR + DEGIRO holdings against S&P 500, MSCI World, or other indices.
Import Guides & Related Comparisons
Interactive Brokers Guide
How to export from IBKR and import your portfolio into TrackinV.
View GuideDEGIRO Guide
Step-by-step guide to export and import your DEGIRO portfolio.
View GuideTrade Republic vs DEGIRO
Comparing DEGIRO with another popular European broker.
CompareFrequently Asked Questions
Is Interactive Brokers or DEGIRO better?
It depends on your investing style. Interactive Brokers offers access to 150+ markets worldwide with professional-grade tools — ideal for active traders and those needing global market access. DEGIRO is simpler and cheaper for casual European investors focused on stocks and ETFs. Many serious investors use both.
Can I use both Interactive Brokers and DEGIRO?
Yes, this is a common combination among European investors. DEGIRO for simple, low-cost ETF investing in Europe. Interactive Brokers for US options, broader market access, or multi-currency trading. The challenge is seeing your combined portfolio — which TrackinV solves.
How do I track both IBKR and DEGIRO together?
Export your transaction history as CSV from each broker. Import both files into TrackinV. You'll see unified analytics — combined TWR, total allocation, aggregate dividends — within minutes.
Does TrackinV handle multi-currency from IBKR?
Yes. TrackinV supports multi-currency portfolios. If you trade in USD, EUR, and GBP at IBKR, all positions are converted to your base currency with historical exchange rates for accurate performance calculation.
Is TrackinV free?
Yes. The free tier includes 1 portfolio with unlimited holdings from multiple brokers. Track your entire IBKR and DEGIRO portfolio combined at no cost.
Can I also add Trade Republic or other brokers?
Yes. TrackinV supports importing from DEGIRO, Interactive Brokers, Trade Republic, and many other brokers. Consolidate all your accounts into one unified view.
Track Your IBKR & DEGIRO Portfolio Together
Import from both brokers and see your complete portfolio: unified performance across currencies, combined dividends, total allocation. Free to start.
Start Tracking — FreeFree tier includes unlimited holdings from multiple brokers