Degiro Review 2021

Degiro Rated 1/5
learn more Learn more about eToro. 67% of retail investor accounts lose money when trading CFDs with this provider.
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Degiro Guide - Read our In Depth Degiro Review

This Degiro review was written by industry experts with over 20 years of financial experience in Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants.

What is Degiro?

Degiro are a global online financial trading platform and multi asset broker founded in 1934

Over 87 years later Degiro has grown to offering retail investors Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading.

Degiro are a global broker. Degiro have a head office in Netherlands.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Degiro review and assess how well the Degiro platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Degiro can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Degiro we breakdown the pros and cons. What Degiro are able to offer, what countries Degiro are available in. Who Degiro are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Degiro review useful.

This review of the Degiro platform is very detailed. If you are interested in trading with Degiro in any capacity please take the time to read and research the whole Degiro review.

We have tried to explain the ins and outs of financial trading through the Degiro platform as plainly as possible so that you the trader are as informed as possible before you start to use the Degiro trading tools and depositing and withdrawing funds from Degiro.

Benefits of trading with Degiro

Open Degiro's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Degiro like Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading. you should have confidence in Degiro and know that the management of your financial investments on the Degiro platform is in good hands.

At the bottom of this Degiro review you can also learn about some pretty good alternatives to Degiro

With this Degiro review we hope to help you see if Degiro is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Degiro that will help you get off to a good start in the world of online trading.

Degiro Review Table of Contents

Degiro review
Degiro is a Multi-Assets Trading Platform with over 84+ Assets

Learn more about Degiro. Degiro is a multi asset platform with 84+ tradable Assets. Assets available on Degiro include Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants.

Degiro trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants are considered financial assets.

Degiro review
Features of Degiro

Degiro review
What you should know

Degiro offer eight ways to trade: Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants.

With Degiro you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Degiro platform.

Degiro are able to accommodate various levels of traders whether you are experienced or a beginner.

Degiro review
Are Degiro safe?

When choosing a broker like Degiro the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1934, and in operation for 87 years Degiro have a head office in Netherlands.

Degiro is regulated. This means Degiro are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Degiro, this will be honored. If Degiro violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Degiro review
Is my money safe with Degiro?

Any payments funded to Degiro accounts by traders are held in a segregated bank account.

For added security Degiro use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Degiro use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Degiro deposited in a Tier 1 bank?

Having any money you deposit with Degiro means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Degiro goes out of business for some reason.

Therefore, we can safely conclude that Degiro is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Degiro also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Degiro. let us look at the Degiro features in more detail.

Try creating two accounts when you are working with Degiro. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Degiro

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Degiro as a Company Compare Against Other Brokers

Broker degiro eToro IC Markets XTB
Year Established 1934 2006 2007 2002
Head Office Netherlands Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 600,000+ Degiro users 17,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Degiro Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Degiro review
Degiro Pros and Cons

What we like about Degiro

  • Used by over 600,000 Degiro users and traders
  • Established in 1934
  • Regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)
  • Min. deposit from $0

What we don't like about Degiro

Degiro review
Degiro Regulation and Licensing in more detail

We have checked and Degiro is regulated and supervised by reputable organisations. You are able to check every Degiro supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Degiro. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Degiro traders and provide a safe trading environment. Financial regulation and license approval is essential.

Degiro is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Degiro you should be sure they're legitimate online agent.

Degiro review
Is Degiro Global?

Yes, Degiro is global as Degiro is available in over 194 countries.

Degiro is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Degiro covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Degiro has a total of more than 600,000 users.

Degiro review
Degiro Fees Explained

  • Degiro withdrawal fees varies on payment method
  • Degiro does not charge a fee for inactive accounts.
  • Degiro doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Degiro Fees Compare Against Other Brokers

Broker degiro eToro IC Markets XTB
Min Deposit 0 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees No Yes No No
Deposit Fees No No Varies No
CFD Commission Fees No Yes Yes

Degiro review
Degiro Minimum Deposit

Degiro do not require a minimum desposit when opening a Degiro trading account.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Degiro review
Degiro Withdrawal Fees

Degiro withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Degiro for example allow you to withdraw your funds to Bank Transfer.

Degiro review
Degiro Inactivity Fees

Degiro does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Degiro review
Degiro Desposit Fees

Degiro does not charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Degiro review
Degiro Commission Fees

Degiro does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Degiro review
What can you trade with Degiro?

Be aware that Different entities under Degiro Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Degiro over 84 instruments infact.

If you are looking at trading currency pairs Degiro offer over 0 currency pairs.

Compare Degiro with eToro and IC Markets below.

Your capital is at risk

How Degiro Trading Options Compare Against Other Brokers

Broker degiro eToro IC Markets XTB
Instruments Available 84 2000 232 4000
Platforms MetaTrader 4 Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 0 50 65 57
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 2042 110 1696
UK Shares Yes Yes No Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Degiro
Your capital is at risk
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Degiro review
Trading on Degiro web platforms and other applications

Degiro offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Degiro also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Degiro's platforms

Degiro review
Is the Degiro Trading Platform Secure?

Degiro safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Degiro also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Degiro.

Degiro review
Degiro Trading Platform Options

Once you have logged into your Degiro account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Degiro does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Degiro does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Degiro gives you.

Degiro review
Degiro MetaTrader 4 (MT4)

Degiro MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Degiro. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Degiro in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Degiro MetaTrader 4 is compatible with the latest macOS Mojave. Degiro allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Degiro

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Degiro MetaTrader 4 on IOS Devices

You can download the Degiro app or also trade with Degiro through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Degiro MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Degiro provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Degiro MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Degiro MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Degiro MetaTrader 4 Advanced Trading Tools

The Degiro advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Degiro offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Degiro MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Degiro MetaTrader 4 AutoChartist

Degiro Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Degiro Trading benefits :

  • Low min deposit

Degiro Trading Accounts Offered :

  • Demo account
  • Micro account
  • Standard account
  • Islamic account

Can I try Degiro before I buy?

Degiro offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Degiro withdrawal and funding methods.

Please note that the list of Degiro payment methods below depend on the Degiro Entity and the Clients Country of Residence.

All available Degiro payment methods available to you can be found in your Degiro members area checked on the Degiro website.

Degiro offer the below funding payment methods. learn more about Degiro

Degiro Payment Methods

  • Degiro accepts Bank Transfer
Broker degiro eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

*please note available Degiro and other broker payment methods depend on the clients country of residence.

How can I start trading with Degiro?

When opening a trading account with Degiro, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Degiro trading platforms here.

Your capital is at risk

Performing trades with Degiro

Degiro allow you to execute a minimum of trade of 0. This may vary depending on the account you open. Degiro allow you to execute a maxium trade of varies.

As a market maker, Degiro may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Degiro

To trade effectively with Degiro, it's important to get a have a good understanding of the Degiro trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Degiro and externally.

Degiro offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Degiro.

Take time to look around the Degiro platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Degiro

Degiro support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Degiro have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. Degiro offer email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Degiro

Degiro does not offer LiveChat Support.

Email Support at Degiro

We sent several emails to Degiro and answer times overall were excellent. The fastest response from Degiro was less than 40 minutes and the slowest response was 2 days. Support response times may vary for you with Degiro, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Degiro.

Phone Support at Degiro

We called Degiro and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Degiro phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Degiro team by calling in varying languages. Degiro made an effort to make sure our queries were answered.

Overall the phone support from Degiro was average.

See how Degiro Support Compares Against Other Brokers

Broker degiro eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Degiro Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Degiro

As Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Degiro Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Degiro's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Degiro you can visit the Degiro trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.degirogroup.com on January 25, 2021.

Degiro review
Is Degiro A Good Broker?

We spent over 3 months examining Degiro in depth. Although we found some very useful aspects of the Degiro platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Degiro broker.

  • Degiro have a good track record of offering Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants.
  • Degiro has a history of over 87 years.
  • Degiro has a reasonable sized customer support of at least 10.
  • Degiro are regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). This means Degiro fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Degiro have regulation from a Tier 1 reputable country.
  • Degiro has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Degiro have an international presence in multiple countries. This includes local Degiro seminars and training.
  • Degiro are able to hire people from various locations in the world who can better communicate in your local language.

Degiro Risk Disclaimer

Your capital is at risk

Degiro review
Degiro not quite right?

If after reading this Degiro review, Degiro does not fulfill your needs check out these Degiro Alternatives.

Click here to view the best Degiro Alternatives

We have spent years researching the best alternatives to Degiro. Click the links below to learn more.

If you feel some of the above Degiro are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Degiro alternatives below.

Degiro review
Related Degiro Vs Comparisons

We have covered allot in this Degiro review, If you want to see how Degiro compares side by side with other brokers check out our Degiro Vs pages.

If you would like to see how Degiro stands up against other brokers you can read some of our Degiro comparisons below. We compare side by side some of our top rated Degiro versus comparisons. Read our indepth Degiro VS pages below.

Degiro review
DEGIRO Frequently Asked Questions

Read our detailed Degiro FAQ Section updated for 2021.

Can I try Degiro before I buy?

Degiro offer a demo account so you can try the Degiro platform with virtual trading before you put down a payment. Virtual trading with Degiro is zero risk. Learn more here

What funding methods do Degiro accept?

Please note that the list of payment methods below depend on the Degiro Entity and the Clients Country of Residence.

Degiro offer the following funding payment methods Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is Degiro safe?

Degiro are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). Any payments funded to Degiro accounts by traders are held in a segregated bank account. For added security Degiro use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Your capital is at risk

Is Degiro trading good?

Degiro is considered good and reputable to trade with Degiro. Degiro is used by over 600,000 active traders and Degiro users. Degiro offers Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading. Minimum deposit with Degiro is 0.

Is Degiro trading Legit?

Degiro was founded in Netherlands in 1934. Degiro has been facilitating trade on the financial markets for over 87 years. Degiro offers clients Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading. All funds deposited to Degiro are held in segregated tier 1 bank accounts for security. Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) so can be considered legit.

Is Degiro a good broker?

Degiro is overseen by the top tier financial regulators Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) so can be considered a good broker. Degiro allows Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading.

Is Degiro trustworthy broker?

Degiro can be considered trustworthy. All money funded to Degiro is placed into a segregated tier 1 bank account. this means your money in not held by Degiro directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).

What is the minimum deposit for Degiro?

The minimum deposit to trade with Degiro is 0.

How long do Degiro withdrawals take?

Withdrawing money from Degiro processing time varies but averages 2-5 days.

Is Degiro regulated?

Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). Regulatory bodies conduct regular reviews and audits as part of Degiro maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Degiro a market maker?

Degiro is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Degiro?

When opening a trading account with Degiro, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Degiro trading platforms here.

Is my money safe with Degiro?

Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). One of the most important criteria for traders when choosing a broker like Degiro is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Degiro, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Degiro a con?

Degiro is regulated and well established having been in business for over 87 years. Degiro is definitely not a con.

Can you make money with Degiro?

Although traders have had great success with Degiro. Trading on the financial markets with Degiro is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Degiro have fees?

Degiro withdrawal fees varies on payment method. Degiro doesn't charge inactivity fees. Degiro doesn't charge deposit fees.

When was Degiro founded?

Degiro was founded in 1934.

How many people use Degiro?

Degiro is used by over 600,000 registered Degiro users.

What is Degiro Headquarters country?

Degiro has its head quarters office in Netherlands.

Does Degiro offer negative balance protection?

Degiro does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Degiro offer guaranteed stop loss?

Degiro does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Degiro allow scalping?

Degiro does not offer scalping.

Does Degiro allow hedging?

Degiro does not offer hedging.

Does Degiro offer CFD trading?

Degiro does not offer CFD trading.

Does Degiro offer STP?

Degiro does not offer STP trading.

How many people use Degiro?

Degiro is used by over 600000 Degiro users and traders.

Is Degiro an ECN broker?

Degiro does not offer ECN trading.

Does Degiro offer a demo account?

Degiro offers a demo account.

Does Degiro offer an Islamic account?

Degiro offers a Islamic accounts.

What are the funding methods for Degiro?

Please note that funding methods available with Degiro can be found in the Degiro Members area and depend on the Degiro client’s country of residence. Please check your specific available payment methods on the Degiro website. Degiro accept the following funding methods : Bank Transfer.

Degiro review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Degiro brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Degiro review written by Mark Hansen of Comparebrokers.co