DEGIRO Online Broker Review – Stocks, Bonds, ETFs, Options and Futures

DEGIRO online broker

Online broker of Dutch origin born in 2013 and in constant evolution, today it offers excellent online trading services throughout Europe, allowing both private and institutional investors scattered across the continent to take advantage of highly competitive commissions.

A series of structural changes that have occurred over time have enabled the company to quickly become one of the largest brokers in Europe. In 2020, following the merger with the Flatex company, DEGIRO acquired a greater capacity for growth and sustainable development. In 2021, the merger with flatexDEGIRO Bank AG created the largest European online broker with its own banking license.

In Italy the company started offering its services to traders in 2015 and its very competitive commission structure makes the broker one of the most convenient for online trading. Traders who decide to open a real account with DEGIRO to invest their funds in online trading will be able to enjoy numerous advantages.

Regarding authorizations, flatexDEGIRO Bank Dutch (which offers its online services under the name DEGIRO) is the Dutch branch of flatexDEGIRO Bank AG and being a German bank it is regulated by the German financial regulator (BaFin). In addition, flatexDEGIRO Bank AG falls under the indirect supervision of the ECB, it is supervised by the Dutch central bank and the AFM, in Italy it is duly registered in the CONSOB register with the number 13005353.

The main objective of the Degiro broker is to make every investor as competent and efficient as possible, so as to make every investment opportunity a potential profit through the use of high quality, convenient, transparent and accessible tools and services.

Innovative trading

As one of the 160 largest listed companies in Germany, Degiro has the duty to base its work solely on innovation and high quality.

Global Access.

Thanks to the use of DEGIRO, any European trader will be able to access markets around the world, unlike other online brokers that offer exclusive access to European and American markets, DEGIRO gives free access to financial markets around the world, including Australia, Japan, Hong Kong. This key feature guarantees customers the opportunity to benefit from true global asset diversification.

In-house development.

By offering extremely competitive prices, infinite investment opportunities on a technologically advanced platform, DEGIRO is undoubtedly one of the most popular brokers in Europe. The platforms are developed in-house and aim to satisfy all the needs of both experienced and novice traders. To date, the Broker has over 1,000,000 customers.

Wide range of tools offered with competitive commissions.

DEGIRO offers its customers an online platform that allows for an advantageous cost reduction. The software is based on state-of-the-art IT structures, making DEGIRO the platform extremely compatible with any type of investor who manages their online portfolio. The advanced operational structure of DEGIRO offers traders the advantage of incurring extremely low commission costs.

Regulated company synonymous with transparency and safety.

DEGIRO is regulated by numerous supervisory bodies such as the German Federal Financial Supervisory Authority (BaFin), the DNB and the supervisory authority of the AFM.

Types of DEGIRO accounts

With DEGIRO, traders will be able to invest their funds by being able to choose from a wide range of instruments available including stocks, bonds, investment funds, ETFs, options, futures and structured products.
To get started, it will be essential to open a real account.
The procedure that will allow interested parties to open an account with DEGIRO will be extremely easy and fast. Everything will be done online and it will not be necessary to send any documents.

1. Visit the official website and register for a real account.
2. After registering, you will need to send a valid identity document by e-mail.
3. Immediately after the verification process, deposit funds into your trading account (minimum amount of € 0.01).

Registration requires the opening of a “BASIC” account that can be modified by the trader according to his needs.

1. If the trader will need to use services such as margin trading, short selling or derivatives, he will have to update his profile on the platform by being able to choose between ACTIVE or TRADER. The ACTIVE profile gives the possibility to trade up to 50% of the available margin, while the TRADER profile more suitable for professional investors, offers a use of the available margin up to 100%. Regarding the margin on futures, both ACTIVE and TRADER accounts need a margin equal to 15% of the contract value.
2. As regards the “intraday” operations, it is possible to proceed with a further update of the account by changing it from TRADER to DAY TRADER. With this new account, the margin required for intraday futures operations will be 5%, while the intraday equity margin will be 3 times higher than with the TRADER account.

We would like to clarify that DEGIRO does not offer any demo account, but despite opening a real account, there are no mandatory minimum deposits to access the platform and take advantage of the services offered.