Degiro Review 2021 and Technical Opinions

Filippo Ucchino Last Updated: May 2021 23 min read
security 93
cost 57
trading 52
education 82
Rated: Excellent
70
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Welcome.
In this Degiro review you will find the results of much dedicated time spent by InvestinGoal’s team of experts studying the quality of the broker.

Here’s how to navigate this report on Degiro, and all of our reviews in general:

  • Part 1: First thing, in the “Our Opinion” section you will find a brief summary with our personal opinions on the broker Degiro, plus the Pros and Cons and important factors to watch out for.
  • Part 2: Secondly, within this section, you will then find more detailed points and opinions about specific broker’s offerings or services (e.g. Is Degiro good for copy trading? Is Degiro good for cryptos?).
  • Part 3: After the opinions section you will find four macro-areas in which we have carefully reviewed every single aspect of Degiro. They are Security, Costs and Accounts, Trading and Education, and Support.

We suggest you use the sticky menu to easily navigate this content.

And don’t forget to leave a comment at the end of the post. Share your honest opinion on Degiro, or ask specific questions if you couldn’t find an answer on our site.

Degiro review
Our Opinion

Degiro Review: Who is Degiro suitable for?

DeGiro is one of the best Stockbrokers in Europe for many reasons. They have low-commissions and no minimum deposit requirement alongside a huge range of stocks. They don’t offer fractional trading but are still very accessible to new traders, and perfect for ETF investors who can find great value with many commission-free ETFs at this award-winning broker.

Downsides and Advantages to consider before starting

Before getting into the full detail of the review, here is a snapshot of some downsides we have found, and well as a summary of the positive points when trading at DeGiro.

Downsides

The two key points we have noted that detract from the overall appeal of DeGiro are particularly focused on new traders. The broker does not offer any type of demo account. This is quite rare in the industry and is quite a substantial drawback since opening a demo account is a great place to start in getting to know more about the industry and a broker.

The education section at DeGiro is also quite limited. This can make it a challenge for less experienced traders even though the broker is still very popular with those starting out.

Advantages

On the plus side, there are also several things to note. DeGiro offers a great range of stocks to trade. This is excellent for traders of all levels who can avail of their choice in stocks and much more from markets around the world. Combine this with the very low trading costs and you can see why DeGiro has gained so much popularity as a top stock broker in Europe.

With this broker, you will also find that there is no minimum deposit required. Balancing out the downsides mentioned, this can make the broker a great choice for low-risk trading particularly if you are a beginner.

Degiro Pros and Cons

Degiro Offer Advantages Downsides
Demo Account The low minimum deposit can still be helpful to start trading, even if a demo account is not available Not available
Minimum Deposit $0.01 You still have to deposit more than $0.01 if you want to start investing
Shares Dealing Low trading costs;
Great choice of assets
No fractional shares available;
Not recommended for small traders
ETFs Great ETFs choice;
Overall low trading costs or none for some ETFs
N/A
Trading App User-friendly;
Optimum research features
You cannot change the initial language chosen

Degiro Share Dealing Review

Share trading at DeGiro you will be greeted with thousands of shares to choose from. The associated costs are also kept at rock bottom with many shares tradable for just $0.50 on opening and closing of a trade. This cost depends on the market traded but prices are generally low around the world. The highest you will find on some, particularly European markets is $7.50 per action. This makes a $15 total for opening and closing.

The overall depth of assets is great at DeGiro, and your costs can be kept low particularly if trading US shares though fractional share trading is not offered at all by the broker.

Pros

  • The broker share trading cost remains very low
  • You will have a very wide choice of assets to trade
  • Orders are executed quickly, and efficiently

Cons

  • Fractional share trading is not available
  • Not always ideal for smaller trades

Degiro ETFs Review

When it comes to trading ETFs you will find a great range available again at DeGiro. There are more than 4,000 in total that you can select from. The trading cost here remains equally low, starting at just $0.50 per operation for opening and closing a trade which also depends on the exchange the assets are traded on.

With ETFs you will be glad to find that some are actually offered free of charge. This makes DeGiro a great choice for trading ETFs if you would like to trade in these particular ETFs and over the long term.

Pros

  • Costs remain low for trading throughout
  • An excellent range of ETFs are offered for trading
  • Many ETFs are offered commission-free entirely

Cons

  • no cons

Degiro Trading App Review

The DeGiro trading app is actually really intuitive and easy to use for all levels of trader. This is perfect if you are new to trading and you should find it quite easy to get to grips with the app. You can perform every function here that you can with the online trading platform and in sufficient detail. You can also catch up with full information on markets as well as download PDFs of the company financial statements as well as ETFs KIIDs and other documents.

The only downsides here are that it will only be available in the native language that you initially download. Aside from that, it is not quite as user-friendly as the web-based platform for actually trading, but great for monitoring.

Pros

  • The mobile app is extremely user-friendly
  • The research features within the app are excellent

Cons

  • The initially downloaded language cannot be changed
  • The layout within the app itself could be improved for trading

Degiro review
Security

Security and a safe, trustworthy trading environment is a non-negotiable when dealing with any broker. Here is a closer look at exactly what DeGiro has to offer in that respect:

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Foundation and Offices

The company was founded in 2008 in Amsterdam. Since that time they have expanded and grown rapidly to the point where they are now one of the most popular stock trading broker choices in Europe. They recently merged with Flatex Bank to become the biggest online execution-only broker in Europe with their own banking license.

They currently occupy the two following office locations:

Flatex DEGIRO Bank Dutch Branch

Rembrandt Tower – 9th Floor

Amstelplein 1

1096 HA Amsterdam, the Netherlands

DEGIRO Sofia

Millennium Center, floor 15

89B Vitosha Boulevard

1463 Sofia, Bulgaria

Regulations

Degiro is a well-regulated broker. The business name of the broker, flatexDEGIRO Bank Dutch Branch, is the Dutch branch of flatexDEGIRO Bank AG, a German bank supervised by BaFin.

Additionally, flatexDEGIRO Bank AG falls under the supervision of the European Central Bank.

In the Netherlands Degiro is supervised by the AFM, and indirectly by the Dutch Central Bank.

Money Protection

Your money and assets are safe with Degiro. In fact, clients’ assets are segregated and thus protected against any form of insolvency of Degiro. In the unlikely case that the assets can’t be returned to clients, you will be covered with a Compensation Scheme up to 20.000€ and 90% of the assets value.

Additionally, with a Degiro Cash Account opened with flatexDEGIRO Bank AG you will be guaranteed a Compensation Scheme up to 100.000€.

Not Accepted Clients

DeGiron is primarily focused, and one of the biggest online stock brokers in the EU area. At the present time, they are not available outside Europe. Therefore, the following list is a collection of countries where DeGiro IS available:

  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom

Degiro is not available in:

    • Algeria
    • Angola
    • Benin
    • Burundi
    • Cameroon
    • Cape Verde
    • Central African Republic
    • Chad
    • Comore
    • Democratic Republic of Congo
    • Djibouti
    • Egypt
    • Equatorial Guinea
    • Eritrea
    • Ethiopia
    • Gabon
    • Gambia
    • Guinea
    • Guinea-Bissau
    • Ivory Coast
    • Botswana
    • Burkina Faso
    • Ghana
    • Kenya
    • Liberia
    • Libya
    • Madagascar
    • Malawi
    • Mali
    • Mauritania
    • Mayotte
    • Morocco
    • Mozambique
    • Namibia
    • Niger
    • Nigeria
    • Republic of Congo
    • Rwanda
    • Senegal
    • São Tomé and Príncipe
    • Sierra Leone
    • Somalia
    • South Africa
    • Sudan
    • eSwatini
    • Tanzania
    • Togo
    • Uganda
    • Tunisia
    • Zambia
    • Zimbabwe
    • Lesotho
    • Southern Sudan
    • Argentine
    • Anguilla
    • Antigua and Barbuda
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bermuda
    • Bolivia
    • Bonaire
    • Canada
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Brazil
    • British Virgin Islands
    • Greenland
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Guam
    • Mexico
    • Montserrat
    • Netherlands Antilles
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Puerto Rico
    • Sint Maarten
    • Saint Helena, Ascension and Tristan da Cunha
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint-Barthélemy
    • Saint-Martin
    • Saint-Pierre and Miquelon
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos
    • United States of America
    • Uruguay
    • US Virgin Islands
    • Venezuela
    • Afghanistan
    • Bangladesh
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bhutan
    • Brunei
    • Cambodia
    • China
    • East Timor
    • Georgia
    • Hong Kong
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Laos
    • Lebanon
    • Maldives
    • Macao
    • Malaysia
    • Mauritius
    • Mongolia
    • Myanmar
    • North Korea
    • Northern Mariana Islands
    • Oman
    • Pakistan
    • Nepal
    • Seychelles
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syria
    • Taiwan
    • Tajikistan
    • Thailand
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Vietnam
    • Yemen
    • Uzbekistan
    • Philippines
    • Qatar
    • Albania
    • Andorra
    • Belarus
    • Belgium
    • Bulgaria
    • Bosnia and Herzegovina
    • Croatia
    • Cyprus
    • Estonia
    • Faroe Islands
    • Liechtenstein
    • Lithuania
    • Luxembourg
    • Malta
    • Moldova
    • Russia
    • San Marino
    • Serbia
    • Slovakia
    • Slovenia
    • Ukraine
    • Iceland
    • Macedonia North
    • Latvia
    • Montenegro
    • American Samoa
    • Australia
    • Cook Islands
    • Federated States of Micronesia
    • Fiji
    • French Polynesia
    • Kiribati
    • Solomon Islands
    • Nauru
    • New Caledonia
    • New Zealand
    • Papua New Guinea
    • Niue
    • Palau
    • Samoa
    • Tokelau
    • Tonga
    • Wallis and Futuna
    • Tuvalu
    • Vanuatu
  • Security Pros and Cons

    Pros
    • Your funds are very safe and secure with Degiro
    • The broker is fully regulated and compliant in the EU
    Cons
    • The service is available only for EU traders at present

    Degiro review
    Costs and Accounts

    The next area we will take a detailed look at is the different account types available at DeGiro. There are several to choose from with the key points of each as well as any costs you may encounter, all highlighted here.

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    Account Types

    Degiro Demo

    Unfortunately, no Degiro demo account is offered at the moment. This is rare for such a major broker but it can be balanced out by the fact there is also no minimum deposit. This means you can start from a very low-risk level at just $0.01 if you wish.

    Basic Account

    The DeGiro Basic account is like the standard account type found at the broker. This type of account gives you access to trade all of the assets at the broker like stocks, bonds, ETFs, and more. The only things that you will not have at this point are the ability to go short on assets, or trade derivatives like futures, and options.

    These can be easily added though changing to the Active, or Trader accounts that we will outline later at no extra fee.

    Custody Account

    The Custody Account, though similar to a basic account, has some key differences. The main difference being that your securities will be held separately from the lending pool of other securities. This means they will never be lent out by the broker which is a common practice among stock trading brokers.

    Though this is highly secure you should note that with a Custody account again you will not be able to use leverage or trade derivatives, but this account type also can’t be changed though you can transfer your positions to another account type later for a fee. Although the conditions are a little different, you will still find many of the same low costs with this account type.

    Active Account

    Opening a DeGiro Active account you will find that all of the same services are available as with the basic account. The difference is that with this account type, you can access leverage of up to 50% of your available balance.

    Since this account type is not really an upgrade, more like changing the available functions on your account, then there is no associated fee or minimum trading requirement you should meet to make the change. You will also be able to trade futures, options, and other derivatives with this account type.

    Trader Account

    The Trader account is another step up with all of the same features as you will find on the basic account too. The added point that differentiates this account from others is that, along with being able to trade derivatives, you will also be able to access 100% of your available margin in leverage.

    As with the other accounts, there are no additional fees, or special requirements needed to make this change.

    Day Trader  Account

    Operating a Day Trader account is recommended only for the more experienced traders with this account type allowing you the ability to more actively trade all of the available assets during the period that markets are open. There are also separate limits and conditions on this account type between 7:00 and 20:30 UK time.

    The risk with this account type is calculated in a different manner than with the other DeGiro account types. This can leave you exposed to higher levels of risk and so this account type is best used by more experienced traders.

    Account Base Currency

    There are several account base currencies catered for at DeGiro. These include CHF, DKK, GBP, NOK, SEK, EUR, CZK, PLN, and HUF. Though you can only deposit your official currency, you can use the broker to open a multi-currency account. This can allow you to engage in your own currency conversion manually or automatically.

    for example, you could convert Euro to 9 different currencies, including GBP, USD, and CHF at the cost of 10 + 0.02% of the converted amount. Alternatively, using the AutoFX feature you can perform the transaction at a preset spread of 0.1% on the applied exchange rate.

    Deposit

    Making your DeGiro deposit there are a few ways to get started. Bank transfers are supported. Then, depending on your location, you may be able to use an eWallet like Sofort or Trustly. Credit and debit cards are not currently supported.

    Making a manual money transfer from your bank you will find all the information you need to send it through to DeGiro. This typically takes 2-3 working days. On the other hand, a deposit with your eWallet can be instant if this method is available in your location. The minimum DeGiro deposit is $0.01.

    Deposit Fees

    There are typically no deposit fees although your bank could charge a fee for the wire transfer. There is nothing though from the broker side.

    Withdrawals

    Withdrawals can be initiated directly from your Webtrader or app. You simply need to click ‘Deposit/Withdraw’, then select the Withdraw tab, insert the details and follow the process. Either way, the method you use to make your withdrawal must go to your nominated bank account, or your selected eWallet as used to deposit.

    A DeGiro withdrawal typically takes 2-3 business days but it could be a little longer on occasion.

    Withdrawal Fees

    Again there are no withdrawal fees of any sort from the broker side to worry about.

    Costs & Commissions

    In this section, we list several charts detailing the exact costs you can expect to encounter when trading at DeGiro. These are broken down by asset for complete transparency.

    Degiro Stockbroking Costs

    Below are the fees applied on leveraged products, warrants, ETNS, and ADRS depending on your location:

    Market Exchange Base Fee Additional Fee Maximum Fee
    London Stock Exchange £ 1.75 0.014% £ 5.00
    United States € 0.50 USD 0.004 per share
    Germany- XETRA € 4.00 0.05% € 60.00
    Germany – Zertifikate Börse Frankfurt € 2.00 0.11%
    Germany – Frankfurt (Stocks) € 7.50 0.09%
    Australia, Belgium, Denmark, Finland, France, Ireland, Italy, The Netherlands, Norway, Portugal, Spain, Sweden, Switzerland € 4.00 0.05% € 60.00
    Euronext Access Paris € 4.00 0.05% €60.00
    Canada € 2.00 CAD 0.01 per share
    Australia, Hong Kong, Japan, Singapore € 10.00 0.06%
    Poland € 5.00 0.16%
    Czech Republic, Greece, Hungary, Turkey € 10.00 0.16%

    Degiro Bond Stock Fees

    The table below displays the fees you can expect at DeGiro when trading bonds:

    Exchange Fee Additional Fee
    The Netherlands, Belgium, Portugal, France € 2.00 0.06%
    Germany – Xetra / Frankfurt  € 5.00 0.05%
    OTC Bonds € 35.00 0.03%

    Degiro ETFs Costs

    Here you will be able to note the ETF trading costs at DeGiro keeping in mind they also offer more than 200 free ETFs you can trade.

    ETFs Fee Additional Fee
    Worldwide € 2.00 0.03%
    Free ETFs* Free N/A

    * You will find the list of all free ETFs offered by Degiro below

    Degiro Options Fees per contract

    Noted here are the DeGiro option fees you can expect to pay per contract based on the exchange, and any exchange costs that may apply.

    Exchange Fee Exchange Costs
    Eurex (Germany) € 0.75 per contract
    MEFF (Spain) € 1.50 per contract
    Euronext LIFFE (The Netherlands, Belgium, France, Portugal) € 2.00 per contract
    Other Countries € 0.75 per contract
    OMX Denmark (Equities) € 0.50 per contract 0.75% (min. 1.00 DKK, max 14.00 DKK)
    OMX Finland (Equities) € 0.50 per contract 0.75% (min. €0.10, max. €1.50)
    OMX Sweden (Equities) € 0.50 per contract 0.75% (min. 1.00 SEK, max. 14.00 SEK)
    OMX Sweden (Indices) € 0.50 per contract 3.50 SEK per contract
    OMX Norway (Equities) € 0.50 per contract 0.75% (min. 1.00 NOK, max. 14.00 NOK)
    US Options: CME, CBOE, CBOT, COMEX, NYMEX $ 0.50 per contract Exchange codt for CBOE/CME (non-cleaning member)
    Exercise / Assignement / Cash settlement of options € 1.00 per contract

    Degiro Future Contracts Commissions

    Below we have charted the commissions and fees associated with trading future contracts at DeGiro.

    Exchange Fee Underlying Exchange Costs
    NYSE LIFFE – Amsterdam € 2.50 per contract AEX Index
    NYSE LIFFE – Brussel € 2.50 per contract BEL20 Index
    NYSE LIFFE – Lisbon € 2.50 per contract PSI 20 Index
    NYSE LIFFE -Paris € 2.50 per contract CAC 40 Index
    EUREX Indices € 0.75 per contract EUROSTOXX 50, DAX INDEX
    EUREX € 2.50 per contract Other Sectors and Indices
    IDEM € 2.00 per contract All futures
    MEFF € 1.50 per contract All futures
    OMX Denmark (Equities) € 0.50 per contract 0.02% of the nominal value of the purchase
    OMX Sweden (Equities) $ 0.50 per contract 0.02% of the nominal value of the purchase
    OMX Sweden (Indices) € 0.50 per contract 3.50 SEK per contract
    OMX Norway (Equities) € 0.50 per contract 0.02% of the nominal value of the purchase
    US Futures: CME, CBOE, CBOT, COMEX, NYMEX $ 0.50 per contract Exchange cost for CBO/CME (non-cleaning member)
    Exercise / Assignement / Cash settlement of futures € 1.00 per contract

    Degiro CFD Stock Fees

    DeGiro CFDs trading enables you to go either long or short on an asset without actually owning the underlying asset itself. This can make for flexible trading conditions and the fees are applied based on the stock category as listed below:

    Category Fee
    A 1.00%
    B 1.50%
    C 2.00%
    D N/A
    Other categories 1.00%

    Degiro Exchange Connection Fee

    This is an annual fee that is charged for trading on each exchange with the exception of the Irish stock exchange, and the local exchange of the country where you are based.

    Fee
    Degiro Exchange Connectivity Fee € 2.50 (max 0.25% of your account value)

    Degiro Dividend Withholding

    Withholding tax can be applied where you may be taxed on your income from financial instrument investments. This is the case with dividends, and DeGiro assists in holding tax on dividends at varying rates depending on the country. The maximum dividend tax is 50% which applies in Finland.

    Fees

    Here is a quick look at some of the other fees you may find when trading at DeGiro.

    Overnight Fees

    At DeGiro, overnight fees are not charged on real stocks you hold. They may be charged though on CFDs you trade.

    Inactivity Fees

    The broker does not impose any kind of inactivity fee on trading.

    Costs and Accounts Pros and Cons

    Pros
    • You will have a broad range of account types to choose from
    • No inactivty feeis applied. Ideal for casual trading
    • No deposit and withdrawal fee is charged from the broker side
    • Fees are kept low throughout
    • There is no minimum deposit requirement
    Cons
    • No demo is made available by the broker

    Degiro review
    Trading

    In this part of our DeGiro review, we will delve into what you can expect from trading at this top European broker including the trading platform, features, and markets you can expect to find.

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    Trading Features

    Here is a closer look at some of the key trading features at DeGiro and how they can influence your trading experience.

    Executions

    DeGiro is an ECN broker. This means you can expect the fastest possible executions, at the best prices for all of your orders in what is a highly efficient system. With that said, the precise type of execution may depend on a number of factors including the trader, type of order, and the asset traded.

    Fractional Stocks

    Fractional shares are a hot topic at present. This allows you to invest in a smaller portion of a typically higher valued stock and can be an excellent gateway for new traders. Unfortunately, DeGiro does not currently offer fractional share trading.

    Pre-Market Overview

    DeGiro, like many other brokers, does not offer trading in the pre-market, or after hours. The prices in the platform will display the closing price until the regular market re-opens on the following trading day.

    Techniques

    On trading techniques, scalping is permitted by DeGiro while hedging is not available and nor is auto trading in any capacity.

    FIFO (first in first out)

    FIFO is an asset management tool that ensures that the first stock purchased, will in turn be the first sold if you wish to sell. For example, if you purchase company stock at $100, then a second company stock at $110, and then want to sell, the first stock at $100 must be sold prior to the second.

    Risk Management

    There are a number of risk management tools available to you while trading with DeGiro. These include the ability to set stop losses, limit orders, trailing stops, and market orders while keeping in mind that not all tools may be available on all types of orders.

    Trading Hours

    The trading hours will depend on the exchange you wish to trade on with each following their local hours, and trading on that exchange being open. For example, the London Stock Exchange can be traded from 08:00 to 16:30 GMT while American markets are currently open from 2:30pm to 9pm GMT.

    Margin needed Leverage

    If you are trading real stock or using a Basic, or Custody account, then you do not need to think about leverage and margin. For other account types though this is something to consider when you can trade on leverage and with derivative products.

    The percentages below refer to the amount of liquidity you have to keep (based on the value of the investment) in order to be able to trade the asset.

    Stock Category Long (trader) Short (trader) Long (active) Short (active)
    A 62,50% 62,50% 83,75% 83,75%
    B 81,25% 125,00% 83,75% 125,00%
    C 99,00% 250,00% 99,00% 250,00%
    D 99,00% 375,00% 99,00% 375,00%
    E 6,25% 6,25% 83,75% 83,75%
    F 12,50% 12,50% 83,75% 83,75%
    G 18,75% 18,75% 83,75% 83,75%
    H 25,00% 25,00% 83,75% 83,75%
    I 31,25% 31,25% 83,75% 83,75%
    J 99,00% 375,00% 99,00% 375,00%
    No category 99,00% 375,00% 99,00% 375,00%

    Platforms & Mobile

    Next, we take a detailed look at the trading platforms offered by DeGiro, and the trading experience in using these platforms.

    Charting and Trading tools

    There is an extensive number of charting and trading tools made available with the broker. Within the platform, you are given good flexibility to customize the trading experience through charting tools and indicators including options like selecting a date range and exporting this information.

    Default settings will show a simple line chart, but you can also change this to a candlestick chart or Open-high-low-close, which gives a little more information than the last price of each trading day. Overall, there is a good range of tools available.

    Proprietary (Web platform)

    The DeGiro trading platform is web-based, and proprietary. It can be logged in directly through the broker website and offers an extremely user-friendly experience with no steep learning curve.

    Within the platform, you can instantly access your portfolio and a range of other data that is very easy to navigate. It is also well laid out in a fashion that looks appealing to all traders with enough features and functions to accommodate the more experienced. An important point to note here is that you will only be able to change the platform language by email request once it is set.

    Mobile

    The mobile trading platform at DeGiro is award-winning and available as an app for both your Android, and iOS device.

    It loses none of the capability of the web platform while keeping its very user-friendly appeal in providing you with all of the available markets including stocks, bonds, ETFs, options, investment funds, and more to trade on the move.

    Markets

    Since DeGiro is a stock broker, they do not offer trading in forex, commodities, or crypto. You can find a wide range of stocks and other assets we will take a look at though.

    ETFs

    Starting with ETFs, there are more than 4,000 in total available through DeGiro. More than 200 of these are free to trade in, and the worldwide fixed fee to get into a position stands at € 2.00+0.03% for all the ETFs offered. These ETFs come from listings on exchanges around the world including Borsa italiana, Xetra, Bolsa de Madrid, London Stock Exchange, as well as the Hong Kong Stock Exchange and Singapore Exchange from Asia.

    Stocks

    As one of the biggest stock brokers in Europe, DeGiro offers trading in stocks listed on more than 50 stock exchanges. These are worldwide and include major markets in Europe, North America, Asia, and Oceania markets covering a total of more than 30 countries.

    The fees on stocks are in the table above under ‘Stocks commission’.They range from € 0.50 + USD 0.004 per share (United States) up to  €10.00 +0.16% (Poland).

    Bonds

    There are more than 600 bonds available to be traded at DeGiro. Fees vary but the fee for Netherlands, Belgium, Portugal,  and France is € 2.00 + 0.06%. For Germany – Xetra / Frankfurt is € 5.00 + 0.05% and for OTC Bonds is € 35.00 + 0.03%. There are bonds available from a total of 6 country markets at present.

    Options

    Options can be traded on 12 exchanges with a huge range of choices worldwide. Again the fees depend on the exchange, these start from € 0.50 per contract up to € 2.00 per contract.

    Futures

    Futures trading is available on more than 14 international markets with fees very similar to options trading from € 0.50 per contract up to € 2.50 per contract depending on the exchange.

    Investment Funds

    In total, you will find 64 fund providers at the moment active with DeGiro. These include some of the most respected funds in the world such as Fidelity, Goldman Sachs, Aberdeen Standard, and others.

    Leveraged Products

    Leveraged products including warrants, and certificates can be traded from 3 European-based exchanges. The fees here start from € 0.50 + USD 0.004 per share and go up to  €10.00 +0.16%.

    Products

    Here are some other products you may run into while trading at DeGiro:

    No commissions ETFs

    As mentioned above, there are more than 200 ETFs available to trade on a commission-free basis at DeGiro. With that comes restrictions though. This is that there can only be one operation per month on the selected free ETF. There are exceptions to this rule in the case that the amount exceeds 1000 Euro and  that the trade is of the same nature as the first in the month on that same ETF, so a buy, followed by another buy, would be exempt.

    If these conditions are not met, then the standard Degiro commission for the purchase and sale of ETFs will apply at € 2 + 0.03% of the transaction value.

    Trading Pros and Cons

    Pros
    • A great number of stocks are available for you to choose from
    • As well as stocks there are many other tradable assets
    • There is a strong selection of free ETFs available
    Cons
    • The language of the platform can only be changed by support contact once set
    • Auto trading is not available with this broker

    Degiro review
    Education and Support

    Both of these areas are key points of focus for all traders. Continuing to learn, and develop as a trader is a very important aspect of what any broker has to offer. A valuable, and knowledgeable support system is also required. Here is a closer look at what to expect in both categories from DeGiro.

    Degiro

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    Languages

    A total of 18 languages are facilitated by the broker. These cover all of the countries where the broker is active in providing service within Europe. You can expect to find Italian, English, Swedish, Finnish, Portuguese, Polish, Austrian, Hungarian,  Dutch, Irish, French, Greek,  Spanish, Danish, Swiss, Czech, Norway, and German all available.

    Research

    Some may find the research section of the broker to be a little limited. This is particularly the case if you are residing in some countries where service is offered. Depending on your location you can access a regularly updated blog featuring market news, articles, and the latest news.

    This is in addition to a dedicated section on strategy for investors, technical, and fundamental analysis which can provide key insights, and of course you can also download the companies latest financial statements and other data where needed.

    Customer Service

    Customer service from DeGiro is swift and professional. This service can be accessed through a dedicated phone line or email contact. For press release information you can also contact the press office by email. The broker will also inform you via email if your portfolio holdings in any one asset have dropped by 10% or more.

    If needed you can also place orders via the phone or through email but naturally using the brokers online trading platform will be much more efficient.

    Education

    In terms of educational content, you will find a range of materials available. This includes not only online lessons that cover points like the different products available and how to manage your order types along with trading strategies, but also tutorials on how to get started using the DeGiro webtrader and investing with them.

    Also available is a full FAQ section with all of the most relevant information and answers to some of the most common questions you may have when trading at DeGiro.

    Education and Support Pros and Cons

    Pros
    • A wide range of European languages are provided for
    • Tutorials and detailed video lessons are available
    Cons
    • No live chat function is accessible
    • The research section is limited in scope and availability
    • The education section is sufficient but lacking a certain depth

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    Degiro Review 2021 and Technical Opinions

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    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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