Degiro Rated 1/5

Degiro Guide - Read our In Depth 2023 Degiro Review

This detailed Degiro review has been researched and fact checked by industry experts with over 30 years of financial experience in Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants.

Learn more about Degiro.

Benefits of Trading with Degiro

Degiro Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit No minimum deposit
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 600,000 Degiro users and traders
๐Ÿ“† Founded 1934
๐ŸŒ HQ Netherlands
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)
๐Ÿšซ Excluded Countries Degiro is not available in the following countries :

Open Degiro's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Degiro?

Degiro are a worldwide financial trading platform and broker. founded in 1934

Over 89 years later Degiro now serves over 600,000 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, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Degiro review and assess how well the Degiro platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Degiro. Choosing or shortlisting a trading platform like Degiro can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Degiro.

As a result, selecting the right trading platform like Degiro requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Degiro available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Degiro requires thorough due diligence and careful consideration. Some Degiro trading features can be complex when trading on mobile or using the Degiro online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Degiro trading tools properly. In our review of Degiro we explain the pros and cons. What Degiro offer, countries Degiro are available in. Who Degiro are regulated by and more.

Degiro Review Screenshot

When it comes to online trading with brokers like Degiro, carefully review Degiro as your broker can make or break your success. Choosing the right broker is essential to ensure your Degiro investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Degiro review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Degiro. You must also ensure the Degiro broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Degiro needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Degiro into easily digestible information in this Degiro review. We want to ensure you have all the knowledge necessary to use the Degiro trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Degiro are the key to successful trading, so we've provided this detailed Degiro review. So, take a seat, grab a cup of coffee, and dive in to learn about Degiro and how it can benefit you or if Degiro is not for you.

Online investing with Degiro can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Degiro, evaluating the Degiro platform is important. Evaluation includes researching the Degiro management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Degiro. That's why it's essential to understand the Degiro company policies and practices before making any investment decisions. By doing your due diligence and understanding Degiro platform, you can make informed investment choices that align with your financial goals. So take the time to research Degiro thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Degiro review you need to determine if Degiro is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Degiro, so you can make a more informed decision and compare other brokers against Degiro.

If you want to look at some Degiro alternatives that might better fit your needs, we list and compare some of the best Degiro alternatives further down this Degiro review.

Trading online with Degiro requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the Degiro trading tools and features. You must know what you are doing when trading with Degiro. That's why we've compiled this detailed Degiro review with some important information that will hopefully make you more informed when online trading with Degiro.

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. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants are considered financial assets.

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. The assets and products available to you on the Degiro trading platform depends on the region of the world, you are in and the Degiro entity you have an account.

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.

Are Degiro safe?

When considering Degiro for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Degiro, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1934, and in operation for 89 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.

Degiro withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Degiro are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Degiro are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Degiro and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Degiro has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Degiro will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Degiro, you can enjoy peace of mind and focus on your trading activities. If Degiro violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Degiro?

All payments made to Degiro by traders are securely held in a segregated bank account.

Degiro uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

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

Degiro partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Degiro clients' funds.

Degiro clients can have greater confidence in their financial security when working with a Tier 1 bank because Degiro are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

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

Depositing funds with Degiro ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Degiro were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Degiro is a secure and safe platform.

Please be aware that trading in financial assets with Degiro carries a risk of loss. Degiro trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Degiro emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Degiro, let's closely examine its features.

To better understand the Degiro trading platform, you can create two separate accounts - one with real money and the other a Degiro demo account. A Degiro demo account provides a risk-free environment for experimenting with the Degiro platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Degiro trading decisions.

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 IC Markets Roboforex eToro
Year Established 1934 2007 2009 2007
Head Office Netherlands Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 600,000+ Degiro users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Degiro Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

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

Degiro is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Degiro going into insolvency. Degiro compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Degiro to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Degiro traders.

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

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 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Degiro covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. 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.

Degiro Costs To Check

Modern brokers like Degiro provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Degiro may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Degiro trading profitability.

How Degiro Fees Compare Against Other Brokers

Broker degiro IC Markets Roboforex eToro
Min Deposit 0 200 10 50
Withdrawal Fees varies No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees No Varies No No
CFD Commission Fees Yes No Yes

Degiro Minimum Deposit

Degiro does not require a minimum deposit when opening an Degiro trading account.

In the trading world, brokers like Degiro, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Degiro Withdrawal Fees

The fees for withdrawing funds from your Degiro account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Degiro withdrawal request is important.

Degiro Withdrawal rules may vary across different brokers when it comes to transferring funds from your Degiro or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Degiro may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Degiro withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Degiro. Researching and comparing Degiro withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Degiro funds frequently or dealing with large sums of money. Awareness of these Degiro fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Degiro funds.

For example, Degiro allows you to withdraw your funds to Bank Transfer.

Degiro Inactivity Fees

Degiro does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Degiro terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Degiro fees and services. It's recommended that you check the Degiro website before signing up. If you decide to close your Degiro account, it's important to do so with the Degiro broker customer support and obtain confirmation that no remaining Degiro fees are due.

Brokers like Degiro must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Degiro Deposit Fees

Degiro does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Degiro Commission Fees

Degiro does charge commission on CFD instruments.

Brokerage firms like Degiro may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Degiro trading account level held by the trader.

Degiro may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Degiro terms and conditions to understand the commission fees and any other charges that may apply is essential.

Degiro review
What can you trade with Degiro?

It's essential to note that the trading instruments offered under the Degiro brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Degiro trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

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

If you want to trade currency pairs on global Forex markets, Degiro offer over 0 currency pairs.

Degiro Compared To Other Brokers

Compare Degiro with IC Markets and Roboforex below.

Your capital is at risk

How Degiro Trading Options Compare Against Other Brokers

Broker degiro IC Markets Roboforex eToro
Instruments Available 84 2250 100 5000
Platforms MetaTrader 4 MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 0 61 35 50
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 No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes 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 IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

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 trading apps help you stay on top of your trades and execute them on the go.

See Degiro's platforms

Is the Degiro Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Degiro trading platform to protect you on PC and mobile Degiro platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Degiro web trading platforms.

Degiro Trading Platform Options

After logging into your Degiro account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Degiro does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Degiro does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Degiro gives you.

Degiro review
Degiro MetaTrader 4 (MT4)

Degiro MetaTrader 4

Degiro MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Degiro offers traders comprehensive features and tools to enhance their trading performance. The Degiro MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Degiro platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Degiro traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Degiro traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Degiro trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Degiro MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Degiro, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Degiro MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Degiro allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click 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 PCs and Apple Macintosh computers. Degiro MetaTrader 4 is compatible with the latest macOS. Degiro allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Degiro

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Degiro MetaTrader 4 on iOS Devices

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

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Degiro customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Degiro MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Degiro offers its clients access to the MetaTrader 4 platform on these devices. With the Degiro MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Degiro traders to stay on top of their trades and react quickly to changes in the market. With the Degiro MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Degiro MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Degiro are a powerful bundle of three major indicators designed to help traders make informed decisions. Degiro MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Degiro traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Degiro traders to potentially stay one step ahead.

Degiro MetaTrader 4 Advanced Trading Tools

The Degiro MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Degiro traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Degiro provides traders with everything they need to succeed. The Degiro MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Degiro traders to analyze the market at any level of complexity.

Trade Degiro MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Degiro MetaTrader 4 AutoChartist

Autochartist on the Degiro platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Degiro MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Degiro traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Degiro users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Degiro traders can navigate the platform and find the information they need to make informed trading decisions.

Degiro Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Degiro traders of all experience levels.

Degiro Trading benefits

  • Degiro Low min deposit

Degiro Trading Accounts Offered

Below we give an overview of the account types that Degiro offer. Whatever you are looking to trade, the varying Degiro account types will be able to provide you with what you need.

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

Can I try Degiro?

Degiro provides a demo account that enables individuals to explore trading before investing their funds. By creating a Degiro practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Degiro demo account can help individuals to make informed decisions before investing their money.

Open a demo Degiro account to practice and trade.

Your capital is at risk

Degiro withdrawal and funding methods

It's essential to remember that the payment methods provided by Degiro vary based on the Degiro entity and the Degiro client's country of residence. To view the Degiro payment options available, you can log into your Degiro member's area.

Degiro offers various funding payment methods listed in your Degiro dashboard if available in your region. To learn more about the Degiro funding and withdrawal options available in your area, you can explore the Degiro website.

Degiro provides several payment methods for funding your Degiro account. You may utilize any of these deposit options if they are available in your region. Degiro ensures that users have multiple payment methods to choose from, making it more convenient for verified Degiro account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Degiro user's location. learn more about Degiro funding and withdrawal methods.

Degiro Payment Methods

Some Degiro payment methods are local and are available only to specific regions. Degiro account holders should check which payment methods are provided in your region.
  • Degiro accepts Bank Transfer
Broker degiro IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
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?

To open a trading account with Degiro, individuals can sign up on the Degiro website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Degiro account validation and making a deposit. Once completed, Degiro users can download the trading platform of their choice.

It's important to note that Degiro requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Degiro maintain a trustworthy financial environment for its 600,000 users. Detailed information on the Degiro trading platforms is available on their website.

Your capital is at risk

Performing trades with Degiro

When using Degiro, the minimum trade size is typically 0 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Degiro have a max trade of varies.

Degiro, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Degiro can be useful for traders starting or with limited capital.

Like other brokers, Degiro margin requirements can differ depending on the traded instrument.

Education Resources at Degiro

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

Degiro . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Degiro. Familiarizing yourself with the Degiro trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Degiro. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Degiro involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Degiro, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Degiro. Explore the Degiro platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Degiro, before live trading.

Customer Support at Degiro

As part of our Degiro review, we review customer service options, response times and problem resolution effectiveness on the Degiro trading platform. The Degiro trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Degiro Available Support Types

Degiro have a B grade support rating because sometimes the response was slow or they didn't answer our query. 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

Our experience with Degiro email support was mixed. We sent 25 emails at varying times, and the fastest response was less than 50 minutes, but the slowest response took 2 days. However, the team successfully resolved and answered our queries. It's important to note that support response times may vary for you with Degiro.

Phone Support at Degiro

During our testing, we contacted Degiro by phone and were pleased with the quick response time of less than 10 minutes.

Their phone support team was able to successfully address our inquiries and concerns, and we tested their multilingual support by communicating in various languages. Degiro made an effort to ensure our questions were answered.

Overall, our experience with Degiro's phone support was average.

See how Degiro Support Compares Against Other Brokers

Broker degiro IC Markets Roboforex eToro
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, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Degiro Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

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).

As a new client of Degiro, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Degiro in your region. During the Degiro account opening process, you will be asked to provide Degiro with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Degiro have the following documents available.

  • Degiro require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Degiro compliance. This must be dated within the last six months.
  • If you plan to fund your Degiro account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Degiro platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Degiro Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Degiro's platform.

However, remember that you won't be able to make trades on Degiro until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Degiro KYC compliance process as soon as possible to avoid any delays in accessing the Degiro platform's features.

It is important to note that Degiro may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Degiro platform and features immediately. However, you must pass the verification process to start live trading with Degiro, which can take up to a few business days.

To start the process of opening an account with Degiro you can visit the Degiro trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested 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 investment advice. All information collected from https://www.degirogroup.com on October 01, 2023.

Is Degiro A Good Broker?

We have spent over 5 years examining Degiro in depth. Although we found some very useful aspects of the Degiro platform that would be useful to some traders. We feel that a alternative to Degiro may better suit you.

  • 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 89 years.
  • Degiro has a reasonable sized customer support of at least 10.
  • Degiro are regulated by the Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). Degiro is subject to strict regulatory oversight from its respective jurisdiction, which holds Degiro (the broker) accountable for misconduct. This regulatory framework helps ensure that Degiro operates fairly and transparently and provides Degiro customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Degiro.
  • Degiro have regulation from reputable regulators.
  • One of the advantages of using Degiro is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Degiro are particularly important as Degiro traders want to receive their money quickly. With the efficient Degiro payment processing system, traders can enjoy faster access to their Degiro funds.
  • Degiro have an international presence in multiple countries. Including local Degiro seminars and training.
  • Degiro can hire people from various locations in the world who can better communicate in your local language.

Degiro Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

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.

After extensive research over several years, we have compiled a list of the most effective Degiro alternatives available today. If you are unsatisfied with Degiro or want to explore other options, we recommend checking out our carefully curated list of highly-rated Degiro alternatives. Follow the links below to learn more about these Degiro broker alternatives and choose the one that best suits your trading needs.

Related Degiro Vs Comparisons

Throughout our comprehensive Degiro review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Degiro against other popular brokers in the industry, check out our Degiro Vs pages. Our team has compiled a series of detailed Degiro comparison articles, pitting the Degiro platform against some of the best-rated Degiro competitors in the market. Dive into our informative Degiro Vs pages below to find out how Degiro stacks up against other leading brokers.

Degiro review
DEGIRO Frequently Asked Questions

Read our detailed Degiro FAQ Section updated for 2023.

Can I try Degiro?

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 depends on the Degiro Entity and the client's 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 have over 600,000 users. Degiro are considered reliable 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 bank's financial health and strength.Trading with Degiro is risky, and because the market is so volatile, losses could happen at any time.

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 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 89 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 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 allows Share Dealing trading, Investment Fund trading, ETF trading, Futures trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading. 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.

Is Degiro trustworthy broker?

Degiro is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Degiro, money is in a segregated bank account that is separate from Degiro company's funds. As a regulated broker, Degiro cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Degiro. Instead, your Degiro funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Degiro. Also Degiro is regulated in its local jurisdictions including major financial regulators like 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 depending on the method but averages 1-5 days.

Is Degiro regulated?

Degiro is regulated by the 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 not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller 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. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Degiro trading platforms, you can follow the link provided below: Learn more about signing up with the Degiro trading platform here. This will provide useful information and insights into the various trading platforms offered by Degiro, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Degiro?

Yes your money is safe with Degiro.

Overall, strict financial regulation is essential for ensuring that trading platforms like Degiro operate fairly, transparently, and responsibly, which ultimately benefits all Degiro stakeholders involved.

Trading platforms like Degiro must have strict financial regulation for several reasons:

  • Protecting Degiro Investors: Strict financial regulation ensures that investors who use the Degiro trading platform are protected against fraudulent or unethical behavior by the Degiro platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Degiro platform.
  • Maintaining Degiro Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Degiro trading platform. Regulatory procedures reduce the likelihood of the Degiro platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Degiro Transparency: Regulations require trading platforms like Degiro to maintain detailed records and disclose Degiro client information. Financial regulatory requirements enhances transparency and helps to build trust between the Degiro platform and its investors.

Degiro is regulated by the Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB). When selecting a broker such as Degiro, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Degiro ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Degiro.

Is Degiro a con?

Degiro is regulated and well established, having been in business for over 89 years. Degiro is 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 vary 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, 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 guaranteed 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 an Islamic account.

What are the funding methods for Degiro?

Please note that funding methods and options available with Degiro can be found in the Degiro Members area and depend on the Degiro clientโ€™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 editors, 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 of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, 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