DEGIRO is a wholesale, online stockbroker that provides an easy-to-use platform for all types of investors. Initially launched as an institutional broker in 2008, it began offering retail services in September 2013 and has since expanded across 18 European countries. Today, with over two million clients worldwide, DEGIRO has become one of the largest brokers in Europe.
With access to more than fifty exchanges across thirty countries through DEGIRO’s platform, traders can truly diversify their investments globally. This commitment to innovation extends beyond just providing access; they continuously improve based on client feedback ensuring that users always have the best possible experience.
Pros and Cons
Pros
- One of the lowest fees on the market
- Wide ETF selection ideal for long-term investors
- No minimum deposit required to open an account
- Easy-to-use trading platforms suitable even for beginners
Cons
- Limited Country Range
- Forex Unavailable
- You cannot open an account if you live in the United States.
Recommended For
DEGIRO is recommended primarily for traders looking to invest safely and inexpensively on major global markets without requiring extensive research tools or advisory services. Its user-friendly platform makes it accessible even to those with little trading experience.
Regulated By
- Financial Conduct Authority (FCA)
- Federal Financial Supervisory Authroity (BaFin)
- Financial Markets Authority (FMA)
Top Features
- Inexpensive stock trading on over 50 exchanges across 30 countries
- Wide selection of ETFs that makes it a great choice for long-term investors
- Easy-to-use trading platforms suitable even for those with little experience
- No minimum deposit required when opening an account
- Commitment to transparency and no hidden costs
Overview
- Type of Broker Non-Advisory/Executionary Broker
- Regulation & Licensing German Federal Financial Supervisory Authority (BaFin), DNB, AFM
- Clients Accepted from 18 Different Countries
- Assets Offered Indices, Shares/Stocks, Bonds, Futures/Forwards, Options, ETFs, Investment Funds, Structured products
- Platforms Available Web, Mobile
- Mobile Compatibility Android, iOS
- Payment Types Accepted Bank Wire Transfer, IDEAL, Trustly
Account Types
|
|
Basic Account |
Active Account |
Trader Account |
|
Features |
|
|
|
|
Account Currencies |
EUR & Others |
EUR & Others |
EUR & Others |
|
Available Leverage |
Varies, $0.50 Handling Fee |
Varies, $0.50 Handling Fee |
Varies, $0.50 Handling Fee |
|
Minimum Deposit |
$0 |
$0 |
$0 |
|
Decimal Pricing |
Up to 5 |
Up to 5 |
Up to 5 |
|
Trading Instruments |
Indices, Shares/Stocks, Bonds, Futures/Forwards, Options, ETFs, Investment Funds, Structured products |
Indices, Shares/Stocks, Bonds, Futures/Forwards, Options, ETFs, Investment Funds, Structured products |
Indices, Shares/Stocks, Bonds, Futures/Forwards, Options, ETFs, Investment Funds, Structured products |
|
Min. Lot Size Per Trade |
None |
None |
None |
|
Max. Lot Size Per Trade |
300,000EUR (Unlimited If Buying/Selling a Single Share) |
300,000EUR (Unlimited If Buying/Selling a Single Share) |
300,000EUR (Unlimited If Buying/Selling a Single Share) |
|
Demo Account |
No |
No |
No |
|
Swap/Rollover Free |
Unlisted |
Yes |
Yes |
|
Copy Trading Support |
No |
No |
No |
Trading Platforms
- DEGIRO provides an online platform suitable for all types of investors – from beginners to professionals. The company began as an institutional broker in 2008 servicing professional clients before launching its retail brokerage service in September 2013 across multiple European countries. The innovative platform is continuously improved based on user feedback to ensure it remains at the forefront of industry standards. Its wide ETF selection makes it a great choice for long-term investors seeking diversification possibilities across more than 50 exchanges in over 30 countries.
Trading and Investment Tools
- One Click Trading Yes
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Limit Order Yes
- 24hr Trading Yes
- Charting Package Yes
- Streaming News Feed Yes
- Trailing Stop Order Yes
Compliance & Regulation
DEGIRO operates under FlatexDEGIRO Bank AG which is primarily supervised by the German Federal Financial Supervisory Authority (BaFin). In addition, flatexDEGIRO Bank Dutch Branch – where DEGIRO trades under – is subject to integrity supervision by DNB (De Nederlandsche Bank) and conduct supervision by AFM (Autoriteit Financiële Markten) in the Netherlands.
As part of their commitment to providing a secure environment for trading, DEGIRO’s systems are centered around data protection and the safekeeping of clients’ assets. The company is registered with the Chamber of Commerce and Industry in Amsterdam under number 82510245.
Fees & Commissions
- Rollover Fee DEGIRO charges a fee of 10.00 EUR per position transferred to or from DEGIRO.
- Margin Interest The unallocated interest rate is 4.90%, calculated annually and charged monthly.
Pricing
DEGIRO prides itself on offering exceptionally low-cost trading services without compromising quality or efficiency. By leveraging technology and their in-house developed trading platform designed for professional investors initially, they have managed to maintain competitive fees for retail investors as well. This cost-effective approach has made them one of the largest brokers in Europe.
Service Details
- Supported Languages 7+ Languages
- Customer Service Hours 24/7
- Email Response Time Immediate
- Telephone Orders Yes
- Personal Account Manager No
Reliability & Security
The flatexDEGIRO Bank Dutch Branch operates under the name DEGIRO and is primarily supervised by the German Federal Financial Supervisory Authority (BaFin). Additionally, it is subject to integrity supervision by DNB (the Netherlands) and conduct supervision by AFM (the Netherlands), ensuring regulatory compliance across multiple jurisdictions. In terms of data protection and asset safekeeping measures implemented within their systems, DEGIRO remains committed to providing a secure environment for its users’ trades.
User Experience
One of the key selling points of DEGIRO is its innovative investment platform that caters to both experienced traders as well as beginners looking for simple yet effective tools at their disposal. The account opening process requires no minimum deposit making it accessible even for those just starting out in investing.
With more than 50 exchanges across 30 countries available through their platform, users can enjoy true global investing opportunities while benefiting from exceptional diversification possibilities. DEGIRO also prides itself on transparency, ensuring that all fees are clear and terms and conditions are easy to read.
Final Thoughts
DEGIRO’s mission is to make custom-made financial planning and finance affordable for everyone around the globe. By combining technology with financial know-how, they have created a cutting-edge platform that offers cost-efficient services for all investors.
Overall, DEGIRO stands out as an excellent choice for those seeking low-cost trading options without sacrificing reliability or user experience. With its wide range of ETFs, global market access, innovative platform features, and commitment to security measures in place, it’s no wonder DEGIRO has quickly become one of the largest brokers in Europe.
Contact Info
flatexDEGIRO Bank Dutch Branch Amstelplein 1 | 1096 HA Amsterdam | Netherland
FAQs
Q: Who is DEGIRO?
A: DEGIRO is a wholesale, online stockbroker providing an online platform for all types of investors. All clients trade with incredibly low fees on markets worldwide.
DEGIRO began as an institutional broker in 2008 servicing professional clients. In September 2013, DEGIRO launched its online retail brokerage service in the Netherlands. Since then, DEGIRO has expanded across 18 European countries enabling retail investors to benefit from a highly competitive commission structure. As a result, DEGIRO has quickly become one of the largest brokers in Europe.
Q: Can you enable 2-step verification on your account?
A: Yes, DEGIRO allows Google two-step verification for those who want that added security feature. To enable, go to your account settings and follow the prompts. If you need to reset the authentication, contact the DEGIRO service desk.
Q: Where can I find fee information?
A: Go to the DEGIRO Fee Schedule (https://www.degiro.co.uk/data/pdf/uk/UK_Feeschedule.pdf) to find out what the fees are. This broker prides itself on its fee transparency, saying there is no “fine print.” DEGIRO charges no inactivity fees, nor are there any minimum trading amounts for account holders.
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