DEGIRO is a Dutch investment platform, founded in 2008. At the beginning of 2021, the company merged with flatexDEGIRO Bank AG and since then has been the largest online broker with a banking license in Europe, used by 2 million clients.
DEGIRO does not offer Forex trading, but its platform offers a wide selection of stocks of companies listed on more than 50 exchanges in 30 countries. You can also find here products with financial leverage, incl. ETFs, futures and options.
The company is licensed by the Dutch AMF, Dutch Central Bank, British FCA and German BaFin. DEGIRO has won 80 international industry awards. The broker offers services to residents of 18 European countries.
Instruments
DEGIRO offers access to over 50 exchanges from 30 countries.
Stocks
The platform gives you access to stocks from a huge number of exchanges. It is one of the broadest offers available on the market. Among the available exchanges we can find, among others:
- Euronext
- Xetra
- London Stock Exchange
- WSE
- NASDAQ
- NYSE
- Toronto Stock Exchange
- Australian Securities Exchange
- Vienna Stock Exchange
- And many others
ETFs
DEGIRO also means access to one of the widest offers of ETFs. ETFs are available from most European exchanges as well as from Hong Kong and Singapore exchanges.
Bonds, Options and Futures
The platform also offers access to bonds from European exchanges, options (European and the US exchanged) and futures (European and the US exchanges).
Short sell with DEGIRO
It is possible to short sell with DEGIRO platform. This kind of service is referred to as Debit Securities. It is available only for Active, Trader, and Day Trader profiles.
You can shorting ETFs, and stocks from the main indices on the following exchanges:
- Euronext Amsterdam,
- Euronext Brussel,
- Euronext Paris,
- Xetra,
- Bolsa de Madrid,
- London Stock Exchange,
- Swiss stock exchange.
You can not short sell U.S. securities or securities with category D.
Deposit and withdrawal
Transfering funds into DEGIRO account is available directly from your registered bank account (and only this account), via a manual bank transfer.
Bank details to transfer funds can be found by clicking on the “Deposit/Withdraw” tab in the right upper corner of the trading platform. In the mobile app this section can be found by clicking on the menu in the left upper corner and then choosing “Deposit/Withdraw”.
Bank transfers can take up to 2-3 working days. DEGIRO does not facilitate urgent transfers.
You can withdraw your funds through the same tab in the app or web platform. Withdrawals take up to 2-4 working days.
Is DEGIRO safe and legal?
Yes, the DEGIRO platform is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany and AFM in the Netherlands. In addition, the platform has an Investor Protection Program that covers up to 90% of losses from unreturned assets (with a maximum amount of up to EUR 20,000).
What can you invest in on DEGIRO?
DEGIRO offers access to instruments such as stocks, ETFs, futures, bonds and options.
Is the account at DEGIRO free?
Yes, account maintenance is free. There are only fees / commissions related to transactions and currency conversion.
