Degiro Avis: A Comprehensive Review of the Broker

Degiro Avis is a popular online broker that offers a wide range of financial products and services. It's known for its user-friendly platform and competitive fees.

Degiro has over 3 million clients worldwide, a testament to its reputation for reliability and trustworthiness. The company is headquartered in the Netherlands and regulated by the Dutch Authority for the Financial Markets.

One of the standout features of Degiro is its commission-free trading model, which makes it an attractive option for both beginners and experienced traders. This model allows clients to trade with minimal costs, maximizing their returns.

Degiro offers a wide range of products, including stocks, ETFs, options, and futures, giving clients a diverse range of investment options.

DEGIRO has its strengths and weaknesses, so it's essential to consider both sides before making a decision.

DEGIRO is known for being cheap, which is a significant advantage for those looking to save on fees.

One of the notable cons is that DEGIRO doesn't offer fractional shares, which might be a drawback for some investors.

Another benefit is that DEGIRO has a large selection of ETFs available, giving users a variety of options to choose from.

However, transferring shares with DEGIRO can be expensive, which might be a consideration for those who plan to move their investments frequently.

On the other hand, DEGIRO's fees are generally fixed, making it easier to budget and plan for expenses.

Some users have reported issues with the regulator, which could be a concern for those who value stability and reliability.

The DEGIRO app has been described as confusing, which might make it difficult for new users to navigate.

DEGIRO's service for helping with taxes is limited, which could be a drawback for those who need more comprehensive support.

Here are some of the key pros and cons of DEGIRO in a concise list:

DEGIRO's fee structure can be a bit confusing, but we'll break it down for you. Essentially, they charge two types of fees: transaction fees and connectivity fees.

Transaction fees vary by country and exchange, but here's a rough idea of what you can expect: CountryStocks (home exchange)Stocks (US)France€2 (Euronext Paris)€2Netherlands€3 (Euronext Amsterdam)€2Italy€2 (Borsa Italiana)€1

You should also be aware that DEGIRO charges a fee for outgoing transfers, which can be quite steep: €20 per ETF or stock, plus external costs. This can add up quickly, especially if you have a large portfolio.

DEGIRO offers a core selection of ETFs with reduced transaction fees, starting at €1 per transaction. This is a significant savings compared to the usual €3 fee for non-core ETFs.

To qualify for the reduced fee, you need to buy the ETF on the right exchange, such as Euronext Amsterdam. This is where you can buy popular ETFs like the iShares MSCI World Accumulating ETF (IWDA) for just €1 in transaction fees.

The fair use policy is a bit complex, so make sure to remember the rules. You get the reduced fee for the first transaction of the ETF on the right exchange each month, as long as the transaction value is at least €1,000.

Subsequent transactions of at least €1,000 in the same direction as the first transaction will also cost €1. Keep in mind that this policy applies to the same ETF on the same exchange.

Here's a quick summary of the fees for funds on DEGIRO:

Keep these fees in mind when selecting and buying your funds on DEGIRO to avoid any surprises.

Stock investment fees can be a real surprise when you're trying to grow your wealth. DEGIRO's fee structure varies per country, but let's focus on the Netherlands, France, and Italy.

Transaction fees are a significant part of the equation. For example, buying 5 Apple stocks at $200 each would incur a fee of only €2 at DEGIRO, which is a steal compared to other brokers.

You'll also need to consider the exchange fees, which depend on the exchange used. In the Netherlands, for instance, buying stocks on Euronext Amsterdam costs €3 per transaction.

DEGIRO's fee for outgoing transfers is a whopping €20 per ETF or stock, plus external costs. This can add up quickly, especially if you have a large portfolio.

To give you a better idea, here's a breakdown of the fees for different types of investments:

It's worth noting that some brokers may offer more competitive fees, especially for US stocks. For example, Trade Republic charges only €1 per order for US stocks.

Setting up a DEGIRO account is a relatively smooth process, taking about a day to be approved and for you to start investing. You can sign up through either the web or mobile app, although the app wasn't the most seamless experience.

To create an account, you'll need a valid ID or Passport, a bank account in your name and in the SEPA (EU) zone, and a proof of address to show you're a tax resident in the European Union. This is a one-time process, and you'll only need to set up your account once.

Here's a breakdown of what to expect when setting up your DEGIRO account:

Keep in mind that DEGIRO doesn't offer a demo account, which may be a drawback for beginners or those who want to test the platform before investing real money.

Setting up a DEGIRO account is a relatively smooth process, and you can create one through either the web or mobile app. However, if you're a Belgian investor, you'll need to choose either the Netherlands or France to set up your account, as DEGIRO doesn't have a local website for Belgium.

You'll need a valid ID or Passport, a bank account in your name and in the SEPA (EU) zone, and a proof of address to show you're a tax resident in the European Union. This information is required to create an account.

To create an account, it's best to use a computer, as the mobile app wasn't very smooth during the sign-up process. The account opening process typically takes about a day to be approved and for you to start investing.

Here are the details of setting up a DEGIRO account at a glance:

The DEGIRO Basic account is a great option for beginners, offering a simplified investment management experience and allowing you to buy stocks, ETFs, bonds, and other standard products. However, it doesn't provide access to more complex features like margin lending or short selling.

DEGIRO has a large client base, with over 1 million clients in Europe. The company is based in Amsterdam, but the customer service is French, responding quickly to emails and phone calls Monday to Friday between 8am and 10pm.

The customer service is available to help with any issues or questions you may have. On Trustpilot, DEGIRO has a rating of 4.5/5 based on 2,063 reviews.

DEGIRO's clients praise the company for its reasonable fees, large selection of products, and efficient order execution interface. The Apple Store ratings also reflect this, with a 4.5/5 rating based on 3,800 reviews.

Some clients mention that the support is very good, while others are more skeptical, particularly when it comes to closing accounts or transferring funds.

DEGIRO is a rigorously regulated online broker, subject to the oversight of several prominent financial authorities. DEGIRO is regulated by BaFin, the German equivalent of the AMF, for all European customers.

In addition to BaFin, DEGIRO's Dutch subsidiary is registered with the National Bank of the Netherlands (DNB) and the Dutch Financial Markets Authority (AFM). This ensures that DEGIRO operates in compliance with European directives, such as MiFID II, which protects investors and enhances transparency in financial operations.

Here are some of the key regulatory bodies that oversee DEGIRO:

These regulatory bodies guarantee DEGIRO's strict compliance with European directives, providing an added layer of security for investors.

DEGIRO is regulated by several top-notch financial authorities, including the BaFin in Germany, the AFM in the Netherlands, and the ACPR and AMF in France. This ensures that they comply with European directives, such as MiFID II, which protects investors and promotes transparency.

The AFM, the Dutch regulator, has had issues with DEGIRO in the past. They were fined €300,000 in 2020 for various infractions, including a lack of a clear organizational structure and inadequate protection of client interests.

Here are the authorities that regulate DEGIRO:

The BaFin is the German equivalent of the AFM, and it oversees all European customers of DEGIRO. This ensures that DEGIRO complies with German regulations and laws.

DEGIRO, a well-established online broker, has gained a reputation for its reliability, boasting a 4.5/5 rating. Founded in 2008 in the Netherlands, it has become one of the most recognized online brokers in Europe.

Its transparency in pricing and simplicity of use have made it a go-to choice for both beginners and experienced investors. This is evident in its ability to attract over 2 million users across 18 countries.

Its availability in France since 2014 has further solidified its presence in the market.

DEGIRO offers a range of features and services that make it an attractive option for investors. The platform provides access to a large number of markets, with over 50 places boursières available for trading.

The platform offers a variety of products, including actions, ETFs, obligations, options, and futures, which can be traded with competitive fees. DEGIRO also offers a range of account types, including a standard account with no minimum deposit requirement.

DEGIRO's interface is intuitive and user-friendly, with a range of features that make it easy to place orders and manage your portfolio. The platform also offers a range of tools and resources, including a news feed and a portfolio tracker.

The following table summarizes some of the key features and services offered by DEGIRO:

DEGIRO also offers a range of account features, including the ability to open a standard account with no minimum deposit requirement.

Payment for Order Flow is a practice where brokers sell customer orders to market makers, who pay the broker for the right to execute these orders. This can be a source of revenue for brokers, but it may prioritize payment over executing the best possible trade for you.

DEGIRO, a popular broker, has been involved in this practice, but it's worth noting that they only engage in Payment for Order Flow for their German clients as of 2025. Non-German customers, such as those from Belgium or Italy, are not affected by this practice.

PFOF can work against the customer's best interest, so it's essential to be aware of this practice when choosing a broker.

DEGIRO offers a wide range of financial products, including actions, ETF, obligations, options, and futures, making it an ideal broker for investors looking to diversify their portfolio at a low cost.

With over 6,000+ actions, 200+ ETF (with no fees), 1,000+ obligations, 1,200+ options, and 100+ futures available, DEGIRO's product range is impressive.

DEGIRO surpasses the market average for traditional products such as actions, obligations, and options.

The addition of ETF with no fees is a major advantage for long-term investors.

However, the absence of CFD and cryptocurrencies limits the possibilities for traders seeking short-term opportunities or exposure to more volatile assets.

Here's a breakdown of the available products:

DEGIRO's customer support is available through multiple channels, including email, phone, and chat. They also have a comprehensive FAQ section that can help you find answers to common questions.

You can reach out to DEGIRO's customer support team via email at [email protected] or by phone at +33 (0)9 75 18 73 18. They typically respond quickly, but you may experience longer wait times during peak periods.

DEGIRO's customer support team is available from Monday to Friday, 8am to 10pm. They also have a chat feature on their website, which can be accessed during business hours.

Here are some ways to contact DEGIRO's customer support team:

Overall, DEGIRO's customer support team is available and responsive, but you may experience some delays during peak periods.

Automated savings plans can be a bit tricky to set up with DEGIRO, but there are a couple of ways to do it.

You can send money to your DEGIRO account by standing order, but keep in mind you'll still need to make the investments manually.

Using an unofficial API library is another option, but be aware that it's an open-source library created by people who have reverse engineered DEGIRO's API calls.

We've got a more detailed guide on automating your savings with DEGIRO if you're interested in learning more.

In Belgium, DEGIRO helps with the transaction tax, which varies between 0.12% and 1.32% depending on the ETF characteristics.

DEGIRO does not provide an imprimé fiscal unique (IFU), instead offering a rapport fiscal that reprises the information found in an IFU. This means you'll need to report the amounts yourself in your tax declaration.

A well-constructed rapport fiscal is provided by DEGIRO, summarizing all transactions, gains, and dividends. This makes it easier to declare your revenues and understand your tax obligations.

Here are the types of information you can expect to find in a DEGIRO rapport fiscal:

In France, revenues generated with DEGIRO are subject to the flat tax (Prélèvement Forfaitaire Unique, PFU) at a global rate of 30%. This includes capital gains on the sale of securities and dividends received.

DEGIRO's interface is highly intuitive and feature-rich, making it suitable for investors of all levels. This is evident from the wide range of tools and information available on the dashboard.

The dashboard offers a comprehensive view of your portfolio, including the current prices of major indices, their best and worst performers, and an economic calendar of financial news.

DEGIRO's fees are also competitive, especially when compared to its direct competitors Saxo Banque and Interactive Brokers. The fees for DEGIRO are lower than those of Saxo Banque and Interactive Brokers for most types of orders.

Here's a comparison of the fees for DEGIRO, Saxo Banque, and Interactive Brokers:

0,03 % à l'ordre0,25 %0,25 %Ordre CAC 40 100 €3 € (Fixed)

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1,25 € (Tiered) + frais de marché 2,00 €2,00 €Ordre CAC 40 1 000 €3 € (Fixed)

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1,25 € (Tiered) + frais de marché 2,00 €2,00 €Ordre CAC 40 5 000 € 3 € (Fixed)

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2,50 € (Tiered) + frais de marché4,00 € 2,00 €Ordre CAC 40 20 000 € 10 € (Fixed)

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10 € (Tiered) + frais de marché16,00 € 2,00 €Ordre USA

100 $ (2 actions)1,00 $ (Fixed)

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0,35 $ (Tiered) + frais de marché1,00 $2,00 €

+ 0,25 $ de frais de changeOrdre USA

1 000 $(20 actions)1,00 $ (Fixed)

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0,35 $ (Tiered) + frais de marché1,00 $2,00 €

+ 2,50 $ de frais de changeOrdre USA

5 000 $(100 actions)1,00 $ (Fixed)

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0,35 $ (Tiered) + frais de marché4,00 $2,00 €

+ 12,50 $ de frais de changeOrdre USA

20 000 $(400 actions)2,00 $ (Fixed)

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1,4 $ (Tiered) + frais de marché16,00 $2,00 €

+ 50,00 $ de frais de change

Choosing the right trackers for your investment portfolio can be a daunting task, but it doesn't have to be.

Consider the indices boursiers suivis, which are essential in determining the performance of your trackers.

Frais are another crucial factor to consider, as they can eat into your returns over time.

A tracker with low frais can make a significant difference in your long-term investment goals.

Encours is also an important consideration, as it can affect the liquidity and stability of your investment.

Les indices boursiers suivis can vary greatly, and it's essential to choose a tracker that follows a well-established and reputable index.

Low frais are not the only consideration, as the tracker's performance should also be taken into account.

A tracker with a strong performance history can provide peace of mind and confidence in your investment decisions.

In terms of competition, DEGIRO stands out for its ultra-competitive pricing policy, making it a go-to option for cost-conscious investors.

DEGIRO offers a wide range of international markets and traditional assets like stocks, ETFs, and bonds, which is a major draw for those looking to diversify their portfolios at a low cost.

One area where DEGIRO falls short is the lack of a demo account, which would have been helpful for beginners to get familiar with the platform.

The absence of features like copy trading, which is available on platforms like eToro, may also limit DEGIRO's appeal to a younger or more novice investor demographic.

Here's a comparison of DEGIRO's fees with its direct competitors Saxo Bank and Interactive Brokers:

As you can see, DEGIRO's fees are competitive, especially when there's no currency conversion involved. However, if you're trading in a different currency, you'll incur foreign exchange fees, which can add up quickly.

DEGIRO is a popular online broker that offers a wide range of services, including access to over 50 stock exchanges.

The broker's fees are among the lowest on the market, with a flat fee of 0€ + 1€ of management fees on Euronext, and a selection of ETFs and stocks with no commission fees.

DEGIRO's interface is designed to be intuitive, making it easy for beginners to navigate and start investing.

The broker requires users to pass questionnaires to validate their level of expertise before granting access to advanced features.

DEGIRO's offer is geared towards experienced investors who want to build their own portfolio, particularly through ETFs with low trading fees.

Investors can trade actions and ETFs without any transaction fees, making it an attractive option for those looking to save on fees.