Would you like to have an opinion on DEGIRO ? We will help you ! 🙂
DEGIRO has been a leading European broker for many years. Among its strengths, its wide range of financial instruments is highlighted. The broker is also appreciated by active investors for its very low fees, compared to traditional and other specialist brokers. We have reviewed DEGIRO’s offer and made a detailed analysis.
And we start this DEGIRO review for 2022 with the pros and cons of the online broker.
DEGIRO Opinion : in brief
DEGIRO : Advantages and Disadvantages
| DEGIRO : advantages and disadvantages | |
| Benefits | Disadvantages |
|
|
| Customer feedback | Trustpilot : 3.6/5 out of 2927 customer reviews |
| The opinion on the blinds | Google Play : 4.3/5 out of 11555 reviews
AppStore : 4.6/5 out of 2897 reviews |
| Our opinion on DEGIRO | 18/20 |
| Current offer | 0% commission on selected stocks and ETFs! |
How is DEGIRO regulated ?
DEGIRO is a regulated broker in Germany. Behind the DEGIRO brand is the company flatexDEGIRO Bank AG. Remember that DEGIRO B.V., based in the Netherlands, was acquired by the German FLATEX Bank at the end of 2020. flatexDEGIRO Bank AG is regulated by the BaFin, the German financial regulator. Note that DEGIRO is therefore regulated both as a broker of financial products and as a bank. The level of requirements is therefore very high.
In other countries where DEGIRO provides services, the broker is authorised by the local regulator. For example, in order to offer its services to clients in the UK, DEGIRO is duly registered with the FCA (Financial Conduct Authority). This is also the case in France, where DEGIRO is registered with the ACPR (Autorité de Contrôle Prudentiel et de Résolution) as a broker. Finally, in the Netherlands, DEGIRO is supervised by the AFM (financial regulator) and by the DNB (central bank).
The following table summarises the information on the regulation of DEGIRO :
| Regulation of DEGIRO | |
| Name | flatexDEGIRO Bank
(ex. DEGIRO B.V.) |
| Headquarters | Netherlands 🇳🇱 |
| Country of regulation | Germany (BaFin) 🇩🇪 |
| Activity | Broker
Banking institution |
| Year of creation | 2008 |
| Protection of deposits | Yes
Up to €20,000 on securities Up to €100,000 on cash |
| Protection against negative balances | No |
| Segregation of accounts | Yes |
Some of the information in this table is worth explaining because it has a potential impact on your funds :
- A DEGIRO cash account : When you open a brokerage account with DEGIRO, your funds will be deposited in a bank account with the flatexDEGIRO Bank, with a personal IBAN. It will not be possible to use this account for any other general banking purposes, only to fund your trading account
- Protection against a worst-case scenario : your account is protected up to €100,000 by a German compensation fund. You are eligible for investor protection up to €20,000 on securities
- Negative balance protection is not available : but we don’t think this should be a problem as DEGIRO is not a CFD/Forex broker
Our opinion of DEGIRO is positive, as is that of the specialist financial media : it is a reliable, experienced, serious broker with no history of sanctions in Europe. In terms of reliability, DEGIRO can be considered as one of the current references in the trading market. Finally, we looked at the Terms and Conditions of the account and found only one particular element : securities lending.
Indeed, DEGIRO has set up its own system for managing short sales. This implies that your securities can be lent to other clients’ shorting operations. However, DEGIRO has put safeguards in place, and on your side there is no impact.
What is DEGIRO’s reputation ?
DEGIRO’s reputation is excellent. Reviews of DEGIRO from traders and investors are mostly positive. The broker has the reputation of being one of the cheapest in the market for stocks, ETFs and mutual funds. It also has a very good reputation among day traders active in the derivatives markets. Overall, DEGIRO can be considered one of the most popular brokers in Europe.
Here is a summary of the different opinions of DEGIRO’s trading customers :
| Customer reviews of DEGIRO | |
| TrustPilot Notice | 3.6/5 out of 2927 customer reviews |
| Google Play Reviews | 4.3/5 out of 11555 reviews 🔥 |
| App Store Reviews | 4.6/5 out of 2897 reviews |
| Facebook Notice | – |
| General Sentiment | ✔️ Ultra-competitive rates
✔️ Excellent technical support ✔️ Simple but very reliable trading platform ❌ Heavy verification procedure |
Here are the positive points mentioned by DEGIRO customers :
- Ultra-competitive rates, among the best on the market
- Excellent customer service, especially in the area of technical support
- A reliable platform, with few slowdowns and above all available in several languages
Here are the negative points mentioned by DEGIRO customers :
- The sometimes cumbersome verification procedure : for regulatory reasons, the broker is sometimes required to ask questions about the origin of the funds paid into the account
- Changing bank accounts takes a long time : a negative point raised by some customers
Overall, customer reviews of DEGIRO are favourable. This indicates that DEGIRO is a broker with mostly satisfied customers, and that there is limited risk to your funds. It is DEGIRO’s range of financial products that seems to be behind the many positive reviews of the broker. There are also many positive comments about DEGIRO’s technical support. Everything indicates that DEGIRO can be considered a reliable and serious broker.
Who is DEGIRO for ? Our opinion
Our opinion of DEGIRO is very positive. The main advantage of DEGIRO is that it gives access to more than 50 stock exchanges : Europe, USA, South America, Asia-Pacific. This offer is available at extremely competitive rates : In particular, DEGIRO has eliminated commissions on a selection of stocks and ETFs (Euronext Paris).
In our opinion, DEGIRO is suitable for several investor profiles :
- Passive investors : who invest primarily in ETFs, whether they are sector, index or geographical ETFs
- Stock-picking investors : who select the securities in their portfolio themselves on the basis of technical or fundamental criteria
- Fans of penny stocks and small caps : those low unit cost and small cap stocks with higher growth potential than mid and large caps
- Day traders of derivatives : such as options, futures, turbos, warrants
However, DEGIRO is not intended for CFD day traders. DEGIRO is not aimed at Forex traders either. Overall, DEGIRO can be seen as primarily aimed at traditional investors, ranging from passive to active investors in equities and derivatives. For highly leveraged trading, there are other more suitable alternatives such as the brokers eToro or XTB.
The main advantages of DEGIRO are :
- Over 50 exchanges covered : wide variety of assets available, but not including CFDs and Forex
- Very low fees : zero commission on selected assets, very low order fees on other assets
- Excellent customer service : very responsive and available, with advisors in several languages
- A reliable and reputable broker : present since 2008, DEGIRO is the largest European broker (in terms of volume of orders executed each month) with its own banking licence
The main disadvantages of DEGIRO are :
- No fractional assets : it is not possible to buy $100 worth of a share listed at $3000
- The account is not compatible with market trading software : not compatible with ProRealTime, MetaTrader, cTrader or TradingView
- Training offer still limited : the educational content offered by DEGIRO is still limited compared to the content offered by competing brokers (e.g. IG, XTB, eToro).
Investing with DEGIRO : the markets
With DEGIRO, you can invest in a total of more than 50 markets. The investment possibilities with DEGIRO are extremely broad. All types of financial instruments are available with DEGIRO : shares, bonds, funds, ETFs, derivatives, etc. Only CFDs are not available with DEGIRO. However, DEGIRO offers other ways to trade the same underlying assets. For example, while DEGIRO does not offer commodity CFDs, we do offer commodity futures and leveraged ETFs.
Here is an overview of the financial products offered by DEGIRO :
| Investing with DEGIRO : the products on offer | |
| TRADITIONAL TITLES | |
| Actions | 31 markets |
| ETF | 5400 ETF |
| Investment funds | 64 management companies |
| Bonds | 649 bonds |
| BY-PRODUCTS | |
| Options | 12 markets |
| Futures/Futures contracts | 14 markets |
| CFD | Not available |
Shares and ETFs
In equities and ETFs, DEGIRO allows you to invest in more than 31 equity markets around the world. Large caps, small caps, mid caps, penny stocks… all categories of shares are represented, whether on Euronext, Nasdaq or other more exotic markets. DEGIRO also provides access to more than 5,400 ETFs, and there is a wide variety of vehicles : sector ETFs, index ETFs, leveraged ETFs, smart beta ETFs, short ETFs, etc. In short : the possibilities are extremely wide !
Here is a summary of DEGIRO’s offer on shares and ETFs :
| DEGIRO’s offer on shares and ETFs | |
| MARKETS | |
| Markets Europe | 🇩🇪 Germany
🇧🇪 Belgium 🇫🇷 France 🇩🇰 Denmark 🇪🇸 Spain 🇫🇮 Finland + 16 others |
| Markets America | NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca, Currenex
Toronto (Stock Exchange, Ventures) |
| Markets Asia | 🇭🇰 Hong Kong
🇯🇵 Tokyo 🇸🇬 Singapore |
| Markets Other | Not available |
Here is some more information on investing in shares and ETFs with DEGIRO :
- Zero commission on selected shares and rights : on shares listed on Euronext Paris, NYSE, Nasdaq, Amex, Arca and the Canadian Toronto Stock Exchange and Ventures Exchange
- Zero commission on ETFs : with the exception of ETFs listed on Tradegate (Germany). Note also a selection of fee-free ETFs issued by DEGIRO partners
Our view of DEGIRO and its equity and ETF offering is extremely positive. At present, it is the best offer on the European market for the general public. The advantage of DEGIRO lies as much in the quantity of securities offered, the diversity (America, Asia, Europe, etc.) as in the prices. DEGIRO is suitable for all types of equity investors : passive, active and short sellers.
Short selling and margin trading
Short selling and margin trading are possible at DEGIRO. On the one hand, it is possible to short stocks, bonds and other traditional assets. On the other hand, DEGIRO offers to trade many leveraged products, such as options, futures, warrants, turbos. Thanks to a mechanism managed internally by the broker, the financial cost of short selling and margin trading is very competitive.
Here are some useful facts about this mechanism :
- A financing cost indexed on the EONIA rate : DEGIRO applies a daily financing rate based on the EONIA interbank rate + 1.25% for euro accounts
- Reduced leverage : leverage does not exceed x2 on stocks and bonds. It can go up to x4 on ETFs
Our opinion of DEGIRO and its short selling and margin trading system is positive. The system is clear, and relies on internal securities lending between DEGIRO client accounts. It should be noted that access to these features is not automatic : you need a Basic, Active or Trader account to have access to them.
Fees on DEGIRO
The fees on DEGIRO are divided into four categories :
- Commissions : applied at the opening and closing of a position
- Custodian fees : applied to the custody of instruments such as funds, as well as to short sales
- Conversion fees : which are applied when you trade instruments in a currency different from your account currency
- Administrative fees : including withdrawal fees and stock exchange connection fees
Overall, DEGIRO can be considered one of the cheapest brokers in the European market. DEGIRO has even recently lowered some of its fees : for example, on a selection of Euronext, NYSE and Nasdaq stocks, the broker no longer charges any commission. DEGIRO’s zero commission policy is a response to the similar pricing policies of brokers such as XTB and eToro.
Here is an overview of the DEGIRO price list :
| Charges on DEGIRO | |
| SHARES and ETFs | |
| US Equities (NYSE, NASDAQ, AMEX & ARCA) | 0€ |
| Euronext Paris shares | 0€ |
| Equities other markets Europe | 4,40€ |
| Equities Australia, Hong Kong, Japan, Singapore | 5,50€ |
| ETF | 2,50€ à 4,40€ |
| INVESTMENT FUNDS | |
| Fund | 3.90 (+ entry fee depending on the fund + 0.017% per month) |
| OBLIGATIONS | |
| US Bonds | Free of charge |
| Bonds Europe | 2€ |
| OTC bonds | 35€ |
| OPTIONS | |
| Euronext Liffe – Amsterdam, Brussels, Paris, Lisbon | 2,00€ / contract |
| EUREX | 0,75€ / contract |
| CME, CBOT, NYMEX, COMEX | 0.75 / contract |
| FUTURE | |
| Euronext Liffe – Amsterdam, Brussels, Paris, Lisbon | 0,75€ / contract |
| EUREX | 0,75€ / contract |
| CME, CBOT, NYMEX, COMEX | 0.75 / contract |
| ANCILLARY COSTS | |
| Deposits/Withdrawals | Free of charge / Free of charge |
| Connection fees for stock exchanges | 2,50€ per year / place |
| Real-time quotation flow | NASDAQ : 5€ / month
Euronext : Free XETRA : 7,50€ / month London : £4.50 / month |
| Inactivity fees | No charge |
A fee calculator is available to help you calculate your fees :
Collection/Deposit Fee
DEGIRO does not charge any fees on withdrawals or deposits. Please note that only bank transfers and e-wallets (Skrill) are accepted by DEGIRO. EUR is the default currency for your DEGIRO trading account, but please note that a total of 9 currencies are supported by DEGIRO. This includes major currencies such as USD, GBP, JPY.
Here is a summary of the deposit and withdrawal fees at DEGIRO :
| Withdrawal/deposit fees at DEGIRO | |
| Currency of the account | EUR |
| Filing fees | Free of charge |
| Deadline for submission | 1 day |
| Withdrawal fee | Free of charge |
| Withdrawal period | 2 to 3 days |
Some additional information about withdrawals and deposits at DEGIRO :
- You are able to hold balances in multiple currencies in your DEGIRO account : to do this, activate ‘Manual Currency Management’ in your currency management settings. Once you have set a currency to ‘Manual’, DEGIRO will not perform automatic conversions between that currency and the base currency of your account.
- Funds held in other currencies will be displayed in your Portfolio tab.
- Deposits and withdrawals will be made in the base currency of your account : this means that in order to withdraw funds, you will first need to convert them back to your base currency.
Trading fees
DEGIRO’s trading costs are divided into three categories :
- Commissions : fixed amounts (regardless of the amount of the order) applied at the opening and closing of a position
- Custodian fees : applied to the custody of instruments such as funds, as well as to short sales
- Conversion fees : which are applied when you trade instruments in a currency different from your account currency
Here is a summary of these trading fees :
| Trading fees on DEGIRO | |
| SHARES and ETFs | |
| US Equities (NYSE, NASDAQ, AMEX & ARCA) | 0€ |
| Euronext Paris shares | 0€ |
| Equities other markets Europe | 4,40€ |
| Equities Australia, Hong Kong, Japan, Singapore | 5,50€ |
| ETF | 2,50€ à 4,40€ |
| INVESTMENT FUNDS | |
| Fund | 3.90 (+ entry fee depending on the fund + 0.017% per month) |
| OBLIGATIONS | |
| US Bonds | Free of charge |
| Bonds Europe | 2€ |
| OTC bonds | 35€ |
| OPTIONS | |
| Euronext Liffe – Amsterdam, Brussels, Paris, Lisbon | 2,00€ / contract |
| EUREX | 0,75€ / contract |
| CME, CBOT, NYMEX, COMEX | 0.75 / contract |
| FUTURE | |
| Euronext Liffe – Amsterdam, Brussels, Paris, Lisbon | 0,75€ / contract |
| EUREX | 0,75€ / contract |
| CME, CBOT, NYMEX, COMEX | 0.75 / contract |
Here is what you can learn from DEGIRO’s tariffs :
- 10,000 shares free of charge : Mostly shares listed on Euronext, NYSE, NASDAQ, AMEX and ARCA. DEGIRO is also commission free on a selection of 200 ETFs.
- Lower conversion fees : DEGIRO charges between 0.10% and 0.25%, which is very low. In comparison, XTB charges 0.50%.
Our opinion of DEGIRO and its fees is positive. First of all, there are no nasty surprises when trading with DEGIRO : the fees are transparent and you know in advance what fees you are paying and for what amounts. We therefore appreciate the reduced trading costs and the fact that we pay a fixed commission regardless of the amount of the order. We also appreciate the fact that there are no penalties for the number of orders not executed in a month and that there are no inactivity fees.
Additional costs
DEGIRO’s ancillary costs are essentially the following :
- Connection fees for stock exchanges
- Real-time quotation fees
Here is a summary of your additional costs at DEGIRO :
| Additional costs on DEGIRO | |
| Deposits/Withdrawals | Free of charge / Free of charge |
| Connection fees for stock exchanges | 2,50€ per year / place |
| Real-time quotation flow | NASDAQ : 5€ / month
Euronext : Free XETRA : 7,50€ / month London : £4.50 / month |
| Inactivity fees | No charge |
A few points are worth explaining because they have an impact on your account :
- Market connection fees : are applied when you trade on a foreign market. You will pay a maximum of €2.50 per year for each market you connect to. For example, as a UK investor, you will not have to pay to be connected to the London Stock Exchange. However, a German or French investor will have to pay €2.50 each year, and a further €2.50 to use the Stockholm Stock Exchange, etc.
- Connection fees for options and futures markets : including US options markets. This fee is €5 per market per month.
- Beware of conversion charges : if the currency of your account differs from the currency of the asset you wish to purchase, a currency conversion charge will be levied, DEGIRO charges a 0.25% margin over the spot conversion rate.
Our opinion on DEGIRO’s ancillary costs is less favourable than for its trading costs. In particular, the conversion fees remain high. Fortunately, there is a solution : if you do a lot of buying/selling in a given currency, you can open a currency sub-account (USD, GBP, CHF, DKK, SEK, NOK) by doing a manual exchange operation on your client area. This will cost you €10 + 0.02%. We consider that this solution will be profitable from €10,000 of trading volume.
Review of DEGIRO Trading Platform
Our review of the DEGIRO trading platform is positive. While the platform is simplified compared to competing trading interfaces, it is extremely reliable and the essential tools are present. There is an order book, favourite lists and a search engine. The small drawback for stock investors is the stock selector. It does not allow a very precise search for shares according to advanced criteria such as accounting ratios, only on basic criteria (country, capitalisation).
Here is a summary of the main features of the DEGIRO platform :
| DEGIRO trading platform | |
| FEATURES | |
| Platforms | Webtrader (web)
DEGIRO mobile (mobile) |
| Order types | At the market
Limit (GTC, OCO, OTO) |
| News feed | Yes |
| Economic calendar | Yes |
| Other features | Action Screener |
| Automatic trading / Copy trading | No |
| Security | Dual Authentication |
| OUR OPINION | |
| Aesthetics | 5/5 |
| Ergonomics | 5/5 |
| Order placement | 5/5 |
| Alerts and notifications | 5/5 |
| Security | 5/5 |
| Customisation | 4/5 |
| Quality of execution | 5/5 |
Ergonomics and performance
Overall, the ergonomics of the DEGIRO platform are good. However, there is a gap between its platform and other competing platforms (XTB’s xStation, eToro’s webtrader, Capital.com’s webtrader). At DEGIRO, the various menus, charts and economic calendar are simplified. However, the platform is very efficient. We have not observed any bugs or slowdowns, even during periods of high volatility in some markets.
There are five main sections in the DEGIRO platform :
- Market
- Products
- News
- Portfolio
- Agenda
The Markets section
The Products section
The News section
The Portfolio section
The Economic Calendar section
In our opinion, the reason DEGIRO has had such a simplified user interface for years is that it is sufficient and suitable for any profile. There are no complications on the DEGIRO interface and we think this is for the best. The only drawback of DEGIRO in our opinion is the incompatibility of the account with market trading software (MetaTrader 5, TradingView, ProRealTime, cTrader).
Technical analysis tools
DEGIRO’s technical analysis tools are limited to the essentials :
- Technical indicators
- Chartism tools (channels, lines, forks, labels, harmonic formations, etc)
- Free annotation figures
Our opinion of DEGIRO and its technical analysis tools remains positive. DEGIRO’s interface is not the best technical analysis interface, but in our opinion it is sufficient for all technical traders: chartists, those who rely solely on price action and those who use technical indicators.
Fundamental analysis tools
There are three main tools for fundamental analysis with DEGIRO :
- An action selector
- Individual value cards
- Market news
The basic information on each stock is found in the security sheets. You will find accounting information and all the news related to a stock. DEGIRO also provides analyst consensus and price targets.
Our opinion of DEGIRO and its fundamental analysis tools is positive, although DEGIRO could do better. The tools are sufficient if you are an investor who does a lot of stock-picking. It is obvious that to benefit from more exclusivities (information, news, analysis), it is necessary to subscribe to third party services.
How to open a DEGIRO account ?
To open a DEGIRO account, the steps are :
- Choose your account type
- Create your account on the website
- Fill in your personal information
- Confirming your identity
- Confirming your tax information
- Sign the service contract
We explain each step in the paragraphs below.
Step 1. Choose your account type
You must have decided beforehand which type of account is right for you :
- Custody
- Basic
- Active
- Trader
- Day Trader
The Custody account is a basic investment account, while the Day Trader account is a full-fledged day trading account with all the features. Your choice therefore depends on the type of investment you wish to make.
You can access an increasing number of products and features as you move up the ladder : Custody offers the least amount of services and Day Trader the most. Trading fees are the same for all profiles, with a few exceptions.
Here is a summary of the different types of DEGIRO accounts :
| Opening an account on DEGIRO : the different types of account | |||||
| Type of account | Custody | Basic | Active | Trader | Day trader |
| Minimum deposit | 0,01€ | 0,01€ | 0,01€ | 0,01€ | 0,01€ |
| Trading in shares, ETFs, bonds | Yes | Yes | Yes | Yes | Yes |
| Trading in leveraged products | No | Yes | Yes | Yes | Yes |
| Margin trading | No | No | Yes | Yes | Yes |
| Short selling | No | No | Yes | Yes | Yes |
Step 2. Create your account on the website
To create your DEGIRO account, you need to go to the home page of the broker’s website. The « Open an account » button (see image below) will allow you to initiate the procedure.
You must then enter a sufficiently strong email address, username and password.
DEGIRO will then send you an email to confirm that your email address is valid. It is therefore necessary to click on the link contained in the email.
After this confirmation, you will be able to connect to your Customer Area.
Step 3. Fill in personal information
When you first log in to the account, you will be asked for a number of personal details :
- Full identity
- Telephone number
- Home address
- Bank account
Several forms are therefore to be filled in with this information. A summary is presented to you to ensure that everything is correct :
Step 4. Confirm your identity
Once you have filled in all the information, you will now need to submit a copy of your passport or identity card.
Then again, DEGIRO will ask you to confirm all your civil status information in a form. Validation takes no longer than 2 working days.
Step 5. Confirm your tax information
As a result of the implementation of the CRS (Common Reporting Standards) and FATCA (Foreign Account Tax Compliance Act) in Dutch law, DEGIRO is obliged to ask you to confirm your tax details :
Step 6. Sign the investment services contract
Choose your account type :
Contract signature by SMS code
This leaves :
- Funding your account
- Form W-8BEN
- Knowledge test on financial products
How to deposit and withdraw money on DEGIRO ?
To deposit and withdraw money from DEGIRO, you must go to your DEGIRO Personal Area to initiate the withdrawal request. Please note that when you opened your account, DEGIRO asked you to enter a bank account. It is to this account that the withdrawn funds will be transferred. Transfers take between 2 and 3 days to be credited to your account.
Only SEPA/SWIFT bank transfers are accepted by DEGIRO :
| Withdrawing and depositing money on DEGIRO : processing times | ||
| Method of payment | Withdrawals |
Deposits |
| Minimum amount | 100€ | No minimum |
| Bank transfer | 2 to 3 working days | 2 to 3 working days |
| Withdrawal fee | Free of charge | Free of charge |
Here is some important information about withdrawal requests at DEGIRO :
- No third party accounts : money withdrawn can only be returned to the bank account in your name. You cannot withdraw funds to your spouse’s account, for example
- No fees on the DEGIRO side : the broker covers all fees charged by its bank. All other potential costs (beneficiary and intermediary bank) are paid by the client according to the commission tables of these banks.
Our opinion on DEGIRO is that there is nothing special to report on withdrawals and deposits of funds on DEGIRO. We recommend that you open a sub-account if necessary. Indeed, if you make a lot of purchases/sales in a given currency, you can open a sub-account in a given currency (USD, GBP, CHF, DKK, SEK, NOK) by making a manual exchange operation in your customer area. This will cost you €10 + 0.02%. We consider that this solution will be profitable from €10,000 of trading volume.
Conclusion : is DEGIRO reliable ?
DEGIRO is a reliable broker. With the qualities we have seen in order execution and technical support, it is no wonder that DEGIRO now has a client base of almost 2,000,000 users. With a presence in 18 European countries, DEGIRO is currently the largest European broker with a banking licence. In an increasingly competitive trading market, DEGIRO is a reference.
Our positive opinion of DEGIRO is in line with the many positive opinions about the broker in the trade press. The most obvious quality of the broker is its very competitive rates. Although its trading interface is much more simplified compared to competing platforms (XTB’s xStation, ProRealTime), all the necessary tools are available : charts, order book, market/limit orders…
The main advantages of DEGIRO are :
- Over 50 exchanges covered : wide variety of assets available, but not including CFDs and Forex
- Very low fees : zero commission on selected assets, very low order fees on other assets
- Excellent customer service : very responsive and available, with advisors in several languages
- A reliable and reputable broker : present since 2008, DEGIRO is the largest European broker (in terms of volume of orders executed each month) with its own banking licence
The main disadvantages of DEGIRO are :
- No fractional assets : it is not possible to buy $100 worth of a share listed at $3000
- The account is not compatible with market trading software : not compatible with ProRealTime, MetaTrader, cTrader or TradingView
- Training offer still limited : the educational content offered by DEGIRO is still limited compared to the content offered by competing brokers (e.g. IG, XTB, eToro).
In conclusion, DEGIRO is not really the best broker for day trading, other CFD specialist brokers such as eToro, XTB or IG are better suited. However, if you are an active investor in stocks, funds, bonds and derivatives, DEGIRO is the perfect broker. The same applies if you are a passive investor who prefers ETFs.
We hope that this feedback on DEGIRO has helped you to form a more accurate opinion on this broker ! Please feel free to share your experience of DEGIRO as a customer whether your opinion is positive or negative, strong opinions on DEGIRO are always welcome! 🙂
Other Reviews Degiro :
- 🇫🇷 Degiro Avis
- 🇪🇸 Degiro Opiniones
- 🇮🇹 Degiro Recensioni
- 🇷🇴 Degiro Pareri
- 🇵🇱 Degiro Opinie
- 🇫🇮 Degiro Kokemuksia
- 🇳🇱 Degiro Ervaringen
- 🇪🇪 Degiro Review
- 🇩🇪 Degiro Erfahrungen
- 🇦🇹 Degiro Erfahrungen
- 🇸🇪 Degiro Review
- 🇩🇰 Degiro Anmeldelse
- 🇱🇻 Degiro Review
- 🇱🇹 Degiro Atsiliepimai
- 🇸🇰 Degiro Skusenosti
- 🇨🇿 Degiro Zkušenosti
- 🇲🇽 Degiro Opiniones
- 🇨🇱 Degiro Opiniones
- 🇦🇷 Degiro Opiniones
- 🇨🇷 Degiro Opiniones
- 🇬🇷 Degiro Review
- 🇵🇹 Degiro Opiniões
- 🇧🇷 Degiro Avalação
- 🇸🇮 Degiro Review
