DEGIRO has emerged as one of the most innovative brokers in the online trading landscape, standing out for its ultra-competitive fees and access to global markets. Founded in 2013, the broker serves over 2 million users across 18 European countries, offering a wide range of financial assets including stocks, ETFs, bonds, and derivatives. The platform primarily targets retail investors seeking a cost-effective option for trading traditional financial instruments.
| ⭐️ Broker Name | DEGIRO |
| 📆 Established | 2013 |
| ⚖️ Regulation | BaFin |
| 💵 Minimum Deposit | €0 |
| 👨💻 Available Platforms | WebTrader, Mobile App |
| 📊 Available Assets | Stocks, ETFs, Bonds, Derivatives |
| 🎮 Demo Account | NO |
| 📈 Maximum Leverage | 1:5 |
Indice
What is DEGIRO?
DEGIRO was created with the goal of revolutionizing the European online trading sector, challenging traditional brokers with an innovative and transparent fee structure. Founded in the Netherlands by former employees of BinckBank, it quickly gained a prominent position in the European market.
DEGIRO’s main mission is to democratize access to financial markets through a combination of advanced technology and reduced costs. The platform has evolved to become part of the flatexDEGIRO AG group, one of the largest online brokers in Europe, while maintaining its focus on reducing brokerage costs for retail investors.
The broker’s objective is to provide European investors with direct access to global markets at competitive fees, challenging the traditional brokerage model and creating new opportunities for private investors.
How DEGIRO Works
The DEGIRO platform is designed to provide an efficient and transparent trading experience. The registration process is fully digital and takes approximately 10 minutes, including identity verification in compliance with anti-money laundering regulations and a MiFID II risk profiling questionnaire.
This platform interface is efficiency-oriented, with a minimalist design prioritizing functionality. Users can access all available markets through a single integrated platform, which offers advanced research tools and various order entry modes.
The trading system is fully automated, enabling transactions on multiple international exchanges, with real-time portfolio monitoring and personalized price alerts.
DEGIRO Reviews
The reviews of DEGIRO from the trading community are generally very positive, with particular emphasis on competitive fees and access to international markets. Users especially appreciate the transparency of costs and the ability to trade on numerous foreign exchanges at low expenses.
Ease of use is frequently cited as a strength, along with the robustness of regulation and fund security. Common criticisms include the lack of a demo account and the limited availability of advanced technical analysis tools.
The Italian community is particularly active, providing positive feedback on the quality of service and the competitiveness of fees, especially for ETF and international stock trading. The platform is often recommended for investors favoring a buy-and-hold strategy or seeking access to foreign markets at low costs.
DEGIRO Features
DEGIRO’s platform stands out for several innovative features that make it particularly attractive to European investors.
Global Market Access
DEGIRO offers access to over 50 markets in 30 different countries, enabling investors to geographically diversify their portfolio at low costs. The platform supports trading on multiple international exchanges through a single integrated interface, with competitive fees across all available markets.
Innovative Fee Structure
DEGIRO’s fee model is designed to provide some of the lowest costs in the market. The broker has implemented a transparent structure that includes reduced fees on stocks and ETFs, with many ETFs available for free once a month through the ETF core selection service. The absence of maintenance and custody fees is an additional advantage for investors.
Advanced Portfolio Management
The platform includes sophisticated tools for portfolio management, allowing users to monitor performance, dividends, and investment composition. The system offers detailed visualizations of diversification by asset class, sector, and geographic area, facilitating investors’ decision-making processes.
Professional Trading Tools
DEGIRO provides a comprehensive suite of tools for order analysis and execution, including interactive charts, customizable watchlists, and various advanced order types. The platform supports limit orders, stop-loss, and trailing stop, enabling investors to implement sophisticated risk management strategies.
Reporting and Tax Analysis
DEGIRO’s reporting system is designed to simplify the fiscal management of investments, providing detailed documentation on transactions and dividends. The platform automatically generates comprehensive annual reports, making it easier to complete tax declarations.
Is DEGIRO Safe?
DEGIRO operates under the supervision of some of Europe’s most stringent financial regulatory authorities. As part of flatexDEGIRO Bank AG, the broker is regulated by the German BaFin and overseen by the European Central Bank.
DEGIRO’s platform is built on three key pillars of security:
- Technical Protection: The platform implements strict security protocols, including SSL encryption for all transactions and mandatory two-factor authentication. Advanced transaction monitoring systems and fraud protection ensure secure operations.
- Fund Protection: Client funds are held in segregated accounts at top-tier banks and are insured up to €100,000 in compliance with European investor protection regulations. Thorough KYC checks ensure the identity of all users.
The presence of over 2 million active users and partnerships with leading financial institutions further testify to the broker’s reliability.
Trading Platforms
DEGIRO offers two main trading platforms:
- Web Platform: The primary platform is accessible via web browser and does not require any downloads, offering a seamless and immediate trading experience. The interface is simple and functional, with customizable charts and integrated analysis tools.
- Mobile App: Available for iOS and Android, the app replicates all the functionalities of the desktop version, allowing users to trade on the go without limitations.
Both versions are distinguished by:
- Real-time news feeds
- Customizable watchlists
- Market event notifications
- Basic technical analysis tools
- Customizable alert systems
Types of Accounts
DEGIRO maintains a simplified account structure, offering three different account types:
- Basic: The standard account providing access to all the main platform features, ideal for most retail investors.
- Trader: Grants access to derivatives and margin trading, subject to an appropriateness assessment.
- Day Trader: Offers higher intraday margins for active traders who meet specific requirements.
The account verification process is fast and fully digital, with an optimized KYC process to ensure maximum security.
Available Assets
DEGIRO offers a wide range of financial instruments:
- Over 50 global stock markets
- More than 5,500 ETFs
- Government and corporate bonds
- Futures on major indices
- Options on stocks and indices
- Selected investment funds
The broker is particularly notable for its access to European and international markets, with one of the most comprehensive offerings of ETFs in the European market.
Costs and Fees
DEGIRO has implemented a transparent and competitive fee structure:
Stocks:
- European markets: from €0.50 + 0.05%
- USA: €0.50 + $0.004 per share
- Other markets: competitive fees based on the exchange
ETFs:
- Free ETFs selection once per month
- Reduced fees on all other ETFs
Derivatives:
- Futures: from €0.75 per contract
- Options: from €0.75 per contract
There are no maintenance or custody fees, though a small connection fee applies for certain foreign exchanges.
Deposits and Withdrawals
The payment methods accepted by DEGIRO are:
- Bank transfer (the only available option)
- Only accounts registered under the user’s name
- No deposit fees
- Free withdrawals
Deposits are processed within 1-3 business days, while withdrawals typically take 2-3 business days. The minimum deposit is €0, making the platform accessible to all.
Educational Resources
DEGIRO’s platform offers various educational resources:
- Comprehensive trading guides
- Periodic training webinars
- Platform tutorial videos
- A blog with market analysis
- Detailed FAQs
- A complete financial glossary
The resources are available for free to all users and are regularly updated with new content and insights.
Customer Service
The customer support at DEGIRO is available through:
- Email support in local languages
- Online contact forms
- A comprehensive help center
- Hours: Mon-Fri 8:00-22:00
Average response times are 24-48 hours for emails, while the online help center provides immediate answers to the most common questions.
Pros and Cons of DEGIRO
| 👍 PROS | 👎 CONS |
| Highly competitive fees | No demo account |
| Wide range of accessible markets | Limited analysis tools |
| No minimum deposit | Bank transfer only for deposits |
| Solid banking regulation | Customer support can be slow |
| Free ETFs in core selection |
Conclusions
DEGIRO proves to be an excellent choice for retail investors looking for a reliable and cost-effective broker. The platform is particularly suitable for:
- Buy-and-hold investors
- ETF traders
- Those seeking access to international markets
- Cost-conscious investors
📌 Recommended especially for medium- to long-term investments and for those wanting access to international markets at low costs.
FAQ
DEGIRO does not require a minimum deposit to open an account. This policy makes the broker particularly accessible for those starting to invest or who want to test the platform with small amounts. You can start investing with any amount, making the platform ideal for all types of investors.
No, DEGIRO does not offer a demo account. However, given the absence of a minimum deposit requirement, users can start with small amounts to familiarize themselves with the platform. This approach allows you to test the service with limited risks, although having the option to practice with virtual funds before investing real capital would be preferable.
