DEGIRO Demo Account Review

logomark Luca Puddu calendar Last Updated: December 2021 timer 3 min read
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DEGIRO is a European stock broker offering a wide range of shares on a proprietary trading platform. As DEGIRO is growing in popularity amongst retail traders and stock trading is becoming increasingly popular in Europe, more traders are interested in opening a DEGIRO demo account to practice trading before investing their money.

If you’re curious why more traders in Europe are investing with DEGIRO, we’ve got all the details in our DEGIRO review.

Table of contents

Is a DEGIRO Demo Account available for beginners?

Currently, DEGIRO does not offer demo accounts at all. As there is no DEGIRO demo account could hinder newer traders who want to practice before risking money in the markets.

It’s unlikely the absence of a demo account will be a complete letdown for seasoned traders. However, they might appreciate being able to test a new platform in a demo environment by exploring the features without worrying about what happens when they click a button.

If you’re eager to try this broker, you’ll be pleased to know the account opening process is really quick. With just €0.01 to activate the account, you will have access to a low fee trading environment.

Demo Account alternatives to DEGIRO

If you want to practice trading before trading with real funds on DEGIRO, you can look for another broker to put your skills to the test. We’ve already ranked all the options to help you find the best demo accounts available.

When looking for a temporary demo account, our recommendation relies on brokers such as eToro or Trading212, where you can experience stock trading, which is DEGIRO’s speciality. eToro and Trading212 are brokers offering stock trading with CFDs and real stocks and fractional trading for even lower-risk investing.

DEGIRO eToro Trading212
Demo Account Not available Unlimited time Unlimited time with no registration required
Minimum Deposit $0 $200 $1
Commissions on stocks Very low None None
Stocks exchanges available 50+ 17 7

Open a Trading Account with DEGIRO

To open a trading account with DEGIRO, you should be prepared for the following steps:

  • Complete a registration form that takes approximately ten minutes
  • Confirm your personal identity by uploading your documents
  • Deposit at least $0.01 to activate your account. Before deposing, make sure you have read our DEGIRO minimum deposit.

Accounts available with DEGIRO

DEGIRO offers five different trading accounts to choose between. When registering, you’ll be required to choose between a Basic or Custody account.

Briefly, the Basic account lets you trade with margin, whereas the Custody account allows you to buy shares in cash without using margin.

To thoroughly understand the differences, you can find a complete analysis in our DEGIRO account types review.

How to start trading with DEGIRO

Although DEGIRO doesn’t have a demo account, this doesn’t mean traders can’t train their skill with lower costs. One of the primary advantages of DEGIRO is low fees. The broker can be a good place for traders to trade on cheap stocks with low fees if you’re still building your confidence as a trader. We suggest keeping order sizes low to avoid unnecessary risks and limit losses while training.


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About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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