DEGIRO Review
A comprehensive analysis of DEGIRO — the pan‑European low‑cost broker offering access to 50+ global exchanges, commission‑free ETFs, and ultra‑low trading fees. Now part of the BaFin‑supervised flatexDEGIRO Bank and trusted by over 3 million investors.
Visit Official Website| Platform Name | DEGIRO |
| Official Website | degiro.com |
| Founded | 2008 |
| Headquarters | Amsterdam, Netherlands |
| Founder | Former BinckBank employees |
| Parent Company | flatexDEGIRO Bank AG (Frankfurt: FTK.DE) |
| Platform Type | Execution‑only Broker (Stocks, ETFs, Bonds, Options, Futures) |
| Minimum Deposit | $0 (no minimum requirement) |
| Account Types | Custody, Basic, Active, Trader, Day Trader |
| Stock Trades | US: €1 + handling; EU: €2–€4 + handling |
| ETF Core Selection | €1 handling (one free trade per ETF per month) |
| Available Assets | Stocks, ETFs, Bonds, Options, Futures, Investment Funds |
| Global Markets | 50+ exchanges in 30+ countries |
| Mobile App | iOS and Android |
| Demo Account | No |
| Customer Support | Phone, Email, Live Chat, FAQ |
| Trust Score | 8.9 / 10 |
| Overall Rating | 4.2 / 5 |
| Fees & Commissions | ||
| Regulation & Security | ||
| Trading Platforms | ||
| Global Market Access | ||
| Ease of Use | ||
| Customer Support | ||
| Research & Education | ||
| Overall Rating |
Cost‑Conscious Investors
With ultra‑low fees starting from €1 per trade, DEGIRO is one of the cheapest brokers in Europe, ideal for keeping more of your returns.
ETF Investors
The Core Selection offers one free trade per ETF per month (€1 handling fee), making it a top choice for regular ETF investing.
Global Stock Pickers
Access 50+ exchanges across 30+ countries, including US, UK, Europe, and Asia, from a single account.
Long‑Term Investors
No inactivity fees and low custody costs make DEGIRO suitable for buy‑and‑hold investors building a diversified portfolio over time.
European Investors
Operating in 18 European countries and regulated by BaFin and AFM, DEGIRO is a natural choice for EU‑based investors.
Beginners with a Modest Budget
With no minimum deposit and low fees, DEGIRO is an accessible entry point for new investors.
Fractional Share Investors
DEGIRO does not offer fractional shares, so you must buy whole shares, which may limit accessibility to high‑priced stocks.
Active Day Traders
The platform is designed for longer‑term investing and lacks the advanced tools, order types, and real‑time data needed for active day trading.
US Residents
DEGIRO is not available to US residents.
Those Who Want a Demo Account
DEGIRO does not offer a demo account for practice trading.
Investors Needing Fractional or Automated Investing
No savings plans or fractional shares; you need to place each trade manually.
DEGIRO was founded in Amsterdam in 2008 by former BinckBank employees. Initially focused on professional investors, the company launched its online trading platform in 2013 and quickly grew across Europe. In 2020, DEGIRO was acquired by flatex, forming flatexDEGIRO Bank AG, a publicly listed German credit institution. Today, DEGIRO serves over 3 million retail clients across 18 European countries.
The platform offers access to 50+ stock exchanges in 30+ countries, including the US, UK, Europe, and Asia. Investors can trade stocks, ETFs, bonds, options, and futures, making it a comprehensive multi‑asset broker. DEGIRO is known for its transparent and low fee structure, with commissions starting from €1 per trade and a Core Selection of ETFs with one free trade per month.
DEGIRO is regulated by the Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), with its parent company also supervised by BaFin in Germany. The platform is execution‑only, meaning it does not provide investment advice, but offers a straightforward, self‑directed investing experience.
Open an Account
Complete the online application with your personal and financial details. Identity verification is required. No minimum deposit is needed.
Choose Your Account Type
Select from five account types: Custody, Basic, Active, Trader, or Day Trader — each with different features and margin options.
Fund Your Account
Deposit funds via bank transfer. DEGIRO supports multiple currencies including EUR, USD, GBP, and CHF.
Place Trades
Trade stocks, ETFs, bonds, options, and futures across 50+ global exchanges. Use limit or market orders, with fees starting from €1 per trade.
Manage & Withdraw
Monitor your portfolio via web or mobile. Withdraw funds via bank transfer. Outgoing transfers to another broker cost €20 per position plus external costs.
Ultra‑Low Fees
Commissions from €1 per trade. US stocks: €1 + handling fee; European stocks: €2–€4 + handling fee.
ETF Core Selection
One free trade per ETF per month (€1 handling fee) on the Core Selection, with no connectivity fees when using Tradegate.
50+ Global Exchanges
Access to markets across the US, UK, Europe, Asia, and Oceania from a single account.
BaFin‑Supervised Parent
Owned by flatexDEGIRO Bank AG, a publicly listed German credit institution supervised by BaFin.
Multiple Asset Classes
Trade stocks, ETFs, bonds, options, futures, and investment funds.
No Inactivity Fees
No charges for inactivity, making DEGIRO suitable for long‑term investors.
Mobile & Web Platforms
Trade on the go with the DEGIRO app or via the web platform, with real‑time data and portfolio tracking.
No Minimum Deposit
Open an account with no minimum deposit requirement, making it accessible to all.
Custody Account
Securities are held in a separate custodian entity, not lent out. Suitable for investors who prioritise asset protection.
Basic Account
Standard account with access to all asset classes. No margin trading. Automatically assigned upon registration.
Active Account
Allows margin trading and access to derivatives like options and futures. Requires a positive account balance and higher trading activity.
Trader Account
Enhanced margin limits and access to more advanced products. Suitable for frequent traders.
Day Trader Account
Highest margin limits and lowest costs for high‑frequency trading. Requires substantial account balance and activity.
DEGIRO’s fee structure is transparent and among the lowest in Europe. Fees vary by country and exchange.
| Asset Class | Commission | Notes |
| US Stocks | €1 + handling fee | Handling fee ~€1 per order |
| European Stocks (home exchange) | €2–€4 + handling fee | Varies by exchange (Euronext, Xetra, etc.) |
| ETFs (Core Selection) | €1 handling fee | One free trade per ETF per month |
| ETFs (Non‑Core) | €3 + handling fee | Standard commission |
| Bonds | €2 + handling fee | Secondary market bonds |
| Options | €0.65 per contract | Plus bid‑ask spread |
| Futures | €0.65 per contract | Plus bid‑ask spread |
| Connectivity Fee | €2.50 per exchange per year | Removed for ETFs on Tradegate |
| Currency Conversion | 0.25% | AutoFX fee for non‑base currency trades |
| Outgoing Transfer | €20 per position | Plus external costs |
DEGIRO WebTrader
A clean, browser‑based platform with real‑time quotes, watchlists, and order placement. Accessible from any device.
DEGIRO Mobile App
iOS and Android apps for trading on the go. Includes real‑time data, news, upcoming IPOs, and portfolio management.
Portfolio Tracking
Detailed performance tracking, with clear display of commissions and costs for each trade.
Research Tools
Access to market news, exchange holidays, and basic research data.
Bank Transfer
SEPA bank transfers for deposits and withdrawals. Free for deposits; withdrawals via bank transfer.
SOFORT
Instant bank transfer method available in some European countries.
Multi‑Currency Support
Supports EUR, USD, GBP, CHF, and other major currencies.
Regulatory Oversight
DEGIRO is regulated by the Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB). Its parent company, flatexDEGIRO Bank AG, is a BaFin‑supervised German credit institution listed on the Frankfurt Stock Exchange.
- Netherlands: AFM and DNB – prudential supervision.
- Germany: BaFin – parent company supervision.
- UK: FCA registered.
Financial Strength
flatexDEGIRO Bank AG is a publicly listed company with over 3 million clients, providing transparency and rigorous financial reporting.
Client Asset Protection
Client funds are held in segregated accounts. The German Investor Compensation Scheme covers up to €20,000, and bank deposits at flatexDEGIRO Bank AG are guaranteed up to €100,000 by the German Deposit Guarantee Scheme.
- Ultra‑low fees: from €1 per trade
- Access to 50+ global exchanges in 30+ countries
- Core Selection ETFs with one free trade per month
- No minimum deposit requirement
- No inactivity fees
- Owned by BaFin‑supervised flatexDEGIRO Bank AG (publicly listed)
- Regulated by AFM, DNB, and BaFin
- Wide range of assets: stocks, ETFs, bonds, options, futures
- User‑friendly web and mobile platforms
- Transparent fee structure
- Over 3 million clients across 18 European countries
- German deposit guarantee up to €100,000 on bank deposits
- No fractional shares – requires whole share purchases
- No demo account for practice trading
- No forex or cryptocurrency trading
- Connectivity fees of €2.50 per exchange per year (non‑Tradegate)
- Outgoing transfer fee: €20 per position + external costs
- Not available to US residents
- Platform lacks advanced tools for active traders
- Cash held on accounts does not earn interest by default
- Some users report a confusing app interface
DEGIRO offers customer support via phone, email, live chat, and an extensive FAQ section. Support is available in multiple languages across its 18 European markets.
The Help Center is well‑organised and covers most common questions. Live chat response times are generally quick. However, some users have reported delays during peak periods and have noted that the platform could provide more extensive educational resources.
DEGIRO’s web and mobile platforms are clean and functional, focusing on straightforward execution rather than bells and whistles. The interface displays commissions clearly before you place a trade, helping you stay informed of costs.
The mobile app is well‑rated for its ease of use, offering real‑time quotes, news, and portfolio tracking. However, some users find the app confusing compared to newer mobile‑first platforms.
The platform is designed for self‑directed investors who value low costs and global access over advanced charting and automated features. The lack of fractional shares and savings plans may be a drawback for those wanting to invest small amounts regularly.
- Cost‑conscious investors seeking the lowest possible trading fees
- ETF investors who can take advantage of the Core Selection
- Investors who want access to 50+ global exchanges
- Long‑term buy‑and‑hold investors with no need for frequent trading
- European investors who value BaFin, AFM, and DNB regulation
- Those starting with a modest budget (no minimum deposit)
- Investors comfortable with self‑directed, execution‑only platforms
- Investors who need fractional shares to access expensive stocks
- Active day traders requiring advanced tools and order types
- US residents (not available)
- Those who want a demo account to practice
- Investors seeking automated savings plans or fractional investing
- Traders who need forex or cryptocurrency trading
DEGIRO’s low fees can result in significant savings compared to traditional brokers. Below is a comparison for typical trade scenarios:
| Trade Scenario | DEGIRO | Traditional Broker | Savings |
| 100 shares of US stock ($50/share) | ~€2 (€1 commission + handling) | €10–€15 | ~€8–€13 |
| ETF Core Selection (€1,000) | €1 handling fee | €5–€10 | ~€4–€9 |
| 10 trades per month (EU stocks) | ~€30–€40 | €100–€150 | ~€60–€110/month |
Account Security
Trading Best Practices
- Use limit orders to control execution prices, especially on less liquid markets.
- Take advantage of the Core Selection for free ETF trades.
- Be aware of connectivity fees when trading on multiple exchanges.
- Factor in the 0.25% currency conversion fee when trading in non‑base currencies.
- Consider the outgoing transfer fee if you plan to move your portfolio to another broker.
- Review the fee schedule regularly as terms may change.
| Platform | Stock Commission | Global Markets | Fractional Shares | Best For |
|---|---|---|---|---|
| DEGIRO | From €1 | 50+ exchanges | No | Low‑cost European investors, ETFs |
| Interactive Brokers | From $0.0035/share | 150+ | Limited | Active traders, professionals |
| Trading 212 | $0 | 20+ exchanges | Yes | Beginners, fractional shares |
| eToro | $0 | 50+ | No (CFDs only) | Social trading, crypto |
| Freedom24 | €2 + €0.02/share | 15+ exchanges | No | IPO, bonds, options |
Is DEGIRO safe and regulated?
Yes. DEGIRO is regulated by the AFM and DNB in the Netherlands, and its parent company flatexDEGIRO Bank AG is BaFin‑supervised and publicly listed. Client funds are protected up to €20,000 under the German Investor Compensation Scheme and bank deposits up to €100,000.
What is the minimum deposit for DEGIRO?
There is no minimum deposit requirement. You can open an account and start trading with any amount.
Does DEGIRO offer a demo account?
No, DEGIRO does not offer a demo account.
What is the DEGIRO Core Selection?
The Core Selection is a curated list of ETFs that DEGIRO allows you to trade with one free trade per ETF per month (€1 handling fee applies). The free trade must be on the Tradegate Exchange.
Does DEGIRO charge inactivity fees?
No, DEGIRO does not charge inactivity fees.
Can I trade cryptocurrencies on DEGIRO?
No, DEGIRO does not offer cryptocurrency trading.
Does DEGIRO offer fractional shares?
No, fractional shares are not available. You must buy whole shares.
Is DEGIRO available in the US?
No, DEGIRO is not available to US residents.
What are the withdrawal fees?
Withdrawals via bank transfer are free. However, outgoing transfers to another broker cost €20 per position plus external costs.
What is the connectivity fee?
DEGIRO charges a €2.50 connectivity fee per exchange per year for trading on non‑base venues. This fee has been removed for ETFs traded on Tradegate.
What account types does DEGIRO offer?
DEGIRO offers five account types: Custody, Basic, Active, Trader, and Day Trader, each with different features and margin options.
Final Verdict
DEGIRO is one of Europe’s most compelling low‑cost brokers, offering unparalleled value for cost‑conscious investors.
The platform’s greatest strengths are its ultra‑low fees, extensive global exchange access (50+ exchanges), and the Core Selection of ETFs with one free trade per month. The security of a BaFin‑supervised, publicly listed parent (flatexDEGIRO Bank AG) adds a layer of trust and transparency that many private brokers cannot match.
However, DEGIRO is not for everyone. The lack of fractional shares, absence of a demo account, and limited advanced tools make it less suitable for beginners who want to invest small amounts in expensive stocks, or for active day traders. The connectivity fees and outgoing transfer costs are also worth noting.
DEGIRO is highly recommended for European investors who value low costs, global diversification, and the security of a regulated, publicly listed parent — particularly those who invest regularly in ETFs and are comfortable with a self‑directed, execution‑only platform.
Start Investing with DEGIRO
Join over 3 million European investors who enjoy ultra‑low fees, global market access, and commission‑free ETF trading. Open your account today.
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