A demo account is an ideal place to start when you are considering any new broker. This allows you the opportunity to get to know more about that broker.
While DEGIRO is a popular broker in Europe, they don’t offer a demo account. The broker does provide a very low-cost trading environment with a great range of assets to invest in, and a very accessible trading platform that is easy to use.
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Is a DEGIRO Demo Account available?

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 practice on a demo account.

eToro offers an unlimited demo trading account to all users, and it can be a good alternative to DEGIRO thanks to the fact that eToro offers low-commission stocks as well.

However, eToro offers fewer tradable stocks and a small number of ETFs and while DEGIRO does not allow you to invest in the stock market with fractional shares, eToro does. In fact, with eToro you will be able to invest in stocks starting at $10 regardless of their value.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Features DEGIRO eToro
Demo account Not available Unlimited time
Minimum deposit $0 $50
Commissions on real stocks Very low None
Stocks exchanges available 50+ 17

Open a Trading Account with DEGIRO

DEGIRO does not offer a demo account but allows traders to open a real account for a 0.01 EUR minimum deposit.

If you wish to open a real trading account with DEGIRO just to explore the trading platform, you should follow these steps that take approximately ten minutes in total:

  1. Upload a proof of identity and a proof of address
  2. Complete the W8BEN form to confirm you’re not residing in the USA.
  3. Wait 3-4 business days for DEGIRO to process the request
  4. Choose your deposit method (Bank transfers and credit card deposits are allowed)
  5. Deposit at least $0.01 to activate your account.

Accounts available with DEGIRO

DEGIRO used to offer different trading accounts to choose between. These were the Basic and the Custody account.

The Basic account lets you also trade with margin, whereas the Custody account allows you to buy shares in cash without using margin. To date, DEGIRO does not allow new customers to open a custody account, while old customers can keep their own if they have already opened it.

How to start trading with DEGIRO

Although DEGIRO doesn’t have a demo account, this doesn’t mean traders can’t train their skills with lower costs.

DEGIRO is in fact one of the most popular stockbrokers in the European Union due to its minimum deposit of $0.01 and its wide selection of assets to invest in.

So with this broker, it is possible to start investing with relatively low amounts of money that, thanks to the low commissions starting from €1 (and sometimes totally absent), can be fully exploited.

filippo ucchino

About The Author

Filippo Ucchino
Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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