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9.1/10 (Expert Score)
Product is rated as #1 in category Share Dealing Platforms
This DEGIRO review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees
9.3
Offering of Investments
9.4
Platforms & Tools
9.1
Research
8.7
Customer Service
8.8
Education
8.5
PROS:
  • Min Deposit $1
  • 10,000+ Tradable Assets
  • 9 account base currencies
  • Languages Supported: 18
  • Over 630,000 clients worldwide
CONS:
  • Deposits & withdrawals via bank transfer only
  • No live chat
  • No 24/7 support

DEGIRO Review


DEGIRO launched its online trading services in Amsterdam in 2013 and it now boasts 450,000 customers. Its founders were all former employees of Binck Bank and they gradually built up the company. DEGIRO has now expanded to 18 European countries with more than 200 employees who process transactions to the value of €50 billion/annum.

DEGIRO Fees Review



PROS:
  • Low trading fees
  • No withdrawal fees
  • No inactivity fees

CONS:
  • Exchange Connectivity Fee



Trading Fees

If you trade through DEGIRO, you will only pay fees on investments you execute. These fees consist of a fixed charge and an additional cost per trade or per share, as per the table below:

SharesFeeMax. Charge
UK£1.75 + 0.014% per trade£5.00
US€0.50 + USD 0.004 per shareNo Max
German€4 + 0.05% per trade€60


Both the frequency at which you trade and your account balance will help you determine your annual share dealing costs. E.g. if you have £10,000 of trade value in the UK, the final costs will depend on how many times you trade:
DealsCost
5 deals per year£15.75 (£3.15 x 5)
12 deals per year£37.80 (£3.15 x 12)
120 deals per year£378.00 (£3.15 x 120)

Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
$0$0$0$0


DEGIRO won’t charge you for trading in your home market, e.g. if you’re based in the UK, they won’t charge you for trading in the London Stock Exchange. However there is a fee, called Exchange Connectivity Fee, if you trade outside your home market. It’s priced at €2.50 per exchange and per calendar year, e.g. if a UK-based investor trades in the Stockholm Stock Exchange, they’ll pay €2.50 and then another €2.50 for trading in the Italian Stock Exchange and so on.

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DEGIRO Deposits & Withdrawals Review



PROS:
  • Min Deposit $1
  • 9 account base currencies

CONS:
  • No Credit/Debit card & Electronic Wallets



Account Base Currency

The base currency of your DEGIRO account is based on your country of residence. You can only have one base currency per account, which can be any of the following: GBP, EUR, CHF, DKK, SEK, NOK, CZK, PLN, HUF.

Deposit & Withdrawal Options

DepositWithdraw
Bank TransferYesYes
Credit/Debit CardNoNo
Electronic WalletsNoNo

How long will it take for my deposit to show on DEGIRO?

Bank transfers take a max of 3 business days.

When will I have access to my money if I withdraw from DEGIRO?

Withdrawals via bank transfer take a max of 3 business days.

What is DEGIRO minimum deposit?

DEGIRO minimum deposit is $1.

Can I withdraw any amount?

Yes, you can.

Does DEGIRO charge withdrawal fees?

DEGIRO won’t charge for bank transfers.

Are there any terms on where I direct any funds I withdraw?

DEGIRO only accepts accounts from specific countries and they must be under your name.

Make your First Deposit with DEGIRO

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DEGIRO Account Types Review

You can easily open a DEGIRO account online, using your email address. In the past, they’d introduced a waiting list for new customers but restrictions have now been lifted.
In order to register, you’ll need a copy of your passport or ID, as well as the bank account number that will feed into your investment account. Once you upload these, you’ll be asked to complete an “appropriateness” test, agree to terms and conditions and finally deposit money into your investment account.
There are various account options to choose from:

  • Custody account: Introductory. You can only trade shares, investment funds, bonds and trackers.
  • Basic account: All the above plus leveraged products and warrants.
  • Active account: All the features of a basic account plus the option to to trade derivatives and buy on up to 50% of your available margin and the ability to go short.
  • Trader account: All the above plus the option to buy on up to 100% of their available margin and access to free dividend and coupon processing.
  • Day trader account: Option to trade derivatives and buy on up to 100% of their available margin – with additional margins available during open trading hours.

Platform Languages

The DEGIRO trading platform is multilingual with 18 languages: Česká republika, Switzerland, Danmark, Deutschland, España, Ελλάδα, France, Ireland, Italia, Netherlands, Norge, Magyarország, Österreich, Polska, Portugal, Suomi, Sverige, United Kingdom.

Open a Trading Account with DEGIRO

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DEGIRO Platforms & Assets Review



PROS:
  • Web Trader, Mobile App

CONS:
  • No Forex and CFD trading
  • No price alerts




DEGIRO offers a competitive selection of stocks, options and futures. The broker’s fund and bond selection aren’t the most appealing and they don’t do Forex and CFD trading.
AssetsPortfolio
Stock markets30
ETFs5,400
Fund providers60
Bonds650
Options markets12
Futures markets15

Start Trading with DEGIRO

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DEGIRO Customer Service Review



PROS:
  • Phone support
  • Email

CONS:
  • No live chat
  • No 24/7 support



DEGIRO offers customer support via email. There’s also a phone service operating in 18 countries, which is available Monday-Friday, 07:00-21:00 local time. You may find the answers you’re looking for in their helpful FAQs.

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Is DEGIRO safe?

RegulatorLicenseLegal Entity
Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM)N/ADEGIRO B.V.

Is DEGIRO safe?

  • Yes, it is authorised and regulated by the Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM).


Is there negative balance protection on DEGIRO?
  • No, there isn’t.

Trade Safe with DEGIRO

Specification: DEGIRO

Assets 10,000+
Customer Type Beginners, Experienced Traders
Country/Region UK, Europe
Platforms Web Trader, Mobile App
Deposit Options Bank Transfer
Customer Service Phone, Email

Videos: DEGIRO

Photos: DEGIRO

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