Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Degiro Ireland review

Invest worldwide with low fees and great rates from Degiro.

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Good for

  • Accessing shares in international markets
  • Mobile trading on-the-go
  • Low-fee investing

Not so good for

  • Education and research tools
  • Forex trading

Any special offers?

As of September 2021, Degiro is offering a referral promotion to all existing users. If you invite your family, friends or colleagues to sign up to Degiro using your referral link, you will receive a €20 transaction fee reimbursement.

About Degiro

Degiro is a wholesale online broker, providing services for traders of every kind. Founded in 2013, Degiro began in the Netherlands and has since expanded into 18 European countries — including Ireland.

Degiro’s international reach means it offers a highly competitive commissions structure and full access to the worldwide marketplace. It currently has five account types for traders to choose from: custody, basic, active, trader and day trader accounts.

Why invest with Degiro?

Degiro provides its traders with a world-class trading platform at a low price alongside access to a truly global marketplace. With Degiro, you can currently trade shares , bonds, options and futures in Ireland. Leveraging their international reach, they allow their traders to access not only the usually-traded UK and US markets but also the more uncommon ones—Australia and Japan, among others.

Tools and features

Degiro offers two different platforms for investors, a web trading platform and a mobile app. Here are some of the features offered on each platform:

  • Investor’s Academy. Degiro offers a comprehensive collection of articles explaining the different financial products one can trade, order types, risk management, technical analysis and more.
  • Custom Order Types. Like most brokers today, Degiro allows you to exercise various types of limit and stop orders instead of simply trading financial instruments at the current market price.
  • Notifications. While Degiro does not offer price-alert notifications or real-time order notifications by text message, you will still receive an email for every successful order executed.
  • Real-time News. Degiro helps you stay informed with the latest press releases and analyst ratings issued about the broader market as well as specific companies you are interested in.

Which markets can I invest in?

Degiro allows you to invest in a range of different markets depend on which financial instrument you’re interested in.

Is Degiro trustworthy?

Degiro is a multi-award-winning online stockbroker. It is regulated and supervised by The Netherlands Authority for Financial Markets (AFM), the Dutch Central Bank (DNB) and the Financial Conduct Authority (FCA) in the UK. However, as with any investment or trading opportunity, your capital is always at risk. Only invest amounts that you are prepared to lose.

What are Degiro’s account types?

Custody

  • Trade Shares, Bonds, Investment Funds, and ETFs

Basic

  • Trade Shares, Bonds, Funds, ETFs as well as leveraged products and warrants
  • View complimentary real-time price changes on Euronext exchanges
  • Complimentary dividend processing

Active

  • Trade Shares, Bonds, Funds, ETFs as well as leveraged products, warrants and derivatives
  • Trade on margin (limited to 50% of total accessible margin)
  • Shares short-selling
  • Complimentary real-time price changes on Euronext exchanges
  • Complimentary dividend processing

Trader

  • Trade Shares, Bonds, Funds, ETFs as well as leveraged products, warrants and derivatives
  • Trade on margin (limited to 100% of total accessible margin)
  • Shares short-selling
  • Complimentary real-time price changes on Euronext exchanges
  • Complimentary dividend processing

Day Trader

  • Trade Shares, Bonds, Funds, ETFs as well as leveraged products, warrants and derivatives
  • Trade on margin (more than 100% of total accessible margin)
  • Shares short-selling
  • Complimentary real-time price changes on Euronext exchanges
  • Complimentary dividend processing

What are Degiro’s fees?

Compared to other brokers available in Ireland, Degiro offers relatively low-cost trading across all asset classes. According to Degiro’s fee comparison page, users can save up to 80-90% on commissions by investing through Degiro instead of other traditional brokers.

StocksFrom €0.5 on US stocks
ETFsFrom €2 on US-listed ETFs
FuturesFrom €5 per month and €1 per contract
BondsFrom €2 on government bonds
OptionsFrom US$0.50 per lot

How do I sign up?

Degiro is known for being extremely user-friendly, and this is evident in its straightforward registration process.

  1. First, head over to degiro.ie and click on the “Open an account” button at the top of the page.
  2. Once you arrive at the Sign Up page, input your email, desired username and password to begin account registration.
  3. Once you have verified your email, you will be asked to provide identity verification (either government-issued ID or passport) as well as your bank account details to initiate a fund transfer.
  4. You will also have to complete a short KYC process which includes a suitability test that measures your risk appetite and recommends the right account for you.
  5. If you complete the KYC measures, upon agreeing to all terms and conditions, you will be asked to transfer money into your Degiro account to begin trading. Do take note that if you make a transfer through a third-party digital bank, your fund transfer will be rejected.
  6. Once your Degiro account has received the initial set of funds, you will have complete access to your Degiro account.

How do I contact Degiro support?

If you have a question about your account or a specific transaction, you can contact Degiro via:

  • FAQ: Before getting in touch with Degiro’s support team, you should first look through their database of Frequently Asked Questions to check if your question has already been previously answered.
  • Email Support. If you still have unanswered queries that are non-urgent, you can drop an email to clients@degiro.ie which is active 24 hours a day, 7 days a week.
  • Phone Support. For urgent enquiries from 7am to 9pm (GMT +1), you can contact Degiro at +31 20 261 3072.

Bottom line

Overall, Degiro is a low-cost broker that is most suitable for new investors who are dipping their toes into the markets. The additional account upgrade fees as well as the lack of advanced charting tools or real-time price alerts mean that there may be better brokers out there for experienced traders.

Compare Degiro with other brokers

warning iconWarning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Name Product Standard Brokerage Fee Markets Products
eToro
US stocks: $0
Global
Stocks, ETFs, Currencies
Saxo Markets
Saxo Markets
IE stocks: €12

US stocks: US$7
Global
Stocks, ETFs, Options, Futures, Bonds, Currencies
DEGIRO
IE stocks: €2 + 0.05%

US stocks: €0.5 + US$0.004 per share
Global
Stocks, ETFs, Funds, Options, Futures, Bonds
Zacks Trade
Zacks Trade
IE stocks: No

US stocks: US$1
Global
Stocks, ETFs, Funds, Options, Bonds
loading

Compare up to 4 providers

Frequently asked questions

Back to top
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site