DEGIRO review

DEGIRO is an online broker that lets you trade shares, options, futures and exchange traded funds (ETFs), among other types of investment. DEGIRO was founded in 2013 in the Netherlands and has since spread across 18 European countries, including the UK.

DEGIRO’s international reach means it offers a highly competitive commissions structure and full access to the worldwide marketplace. DEGIRO is also able to offer fees on average 85% lower than local competitors, making it one of the most competitive trading platforms in the world. DEGIRO has received a Finder Recommended badge for September 2022. We named it the best best trading app for international trading when we compared all of the trading apps that we've reviewed on our site against more than 80 different features and fees to highlight stand out providers in each category. You can see all of the other best trading apps in our guide.

Read on to find out more about DEGIRO and whether it might be the right share dealing option for you.

Open your share-dealing account with DEGIRO

• Great for investors looking to buy and hold shares
• Some of the lowest fees in the market
• Access to millions of shares in international markets
• Easy to buy and manage shares online
• Capital at risk, investments may fall

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Capital at risk

What does DEGIRO do?

DEGIRO provides its traders with an award-winning trading platform and complicated but impressively low fees alongside its unusual access to a truly global marketplace. DEGIRO is able to use its international reach to offer traders access to the usually traded markets of the UK and the USA, but also the more unusual markets such as Australia and Japan, among others.

• Trade with incredibly low rates
• Global market access
• Comprehensive tools, capabilities and service for all trading markets
• Open an account for free with no minimum deposit

What products does DEGIRO have?

DEGIRO doesn’t have an ISA or pension product. You can only invest in a general investment account.

This means that you can’t get any kind of tax relief from your investments. Any profit you make over £12,300 in each tax year is subject to tax.

If the lack of ISA is a dealbreaker for you, then consider Trading 212, Hargreaves Lansdown or Freetrade, all of which have ISAs.

What features does DEGIRO have?

Some features of DEGIRO include:

• Face ID and Touch ID login as well as 2-factor authentication
• Access stock-specific news
• Carry out combination orders
• Access fundamental analysis tools
• Analysts’ views on stocks
• Real-time quotes
• Safe deposits and withdrawals

DEGIRO fees

DEGIRO has a whole sheet of fees that it charges – which is a bit much if you ask us. We highlight the main ones below, but if you need to know about a specific fee or charge then you’ll need to check out the DEGIRO website.

We’ve listed the fees for stocks and leveraged products and the fees for ETFs below.

Fees for stocks and leveraged products

The fees depend on the stock exchange that you are exchanging on. For some stock exchanges there’s a maximum fee.

DEGIRO ETF fees

All ETFs worldwide cost €2.00 + 0.03% (EUR), except for the free ETFs which are, you guessed it, free. There are terms and conditions to these though, you can check them out on DEGIRO’s website.

What can I invest in with DEGIRO?

Is DEGIRO safe?

DEGIRO is a multi-award-winning online stock broker and is well known in the world of trading. It’s 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.

As with any investment or trading opportunity, your capital is always at risk.

DEGIRO: Reddit users’ verdict

Most Reddit users favoured DEGIRO due to its very competitive fees and agreed that they were unlikely to find a similar product for less. Some of the main drawbacks included the customer service and sheer number of different fees. Many Reddit users started off with DEGIRO, then moved to a more comprehensive broker when they felt they were more of an experienced trader.

Pros and cons of DEGIRO

Our verdict: Is DEGIRO any good?

On the whole, this is a great platform and it’s really popular with investors. It’s quite simple and basic, meaning that it’s good for those just starting out with investing as there isn’t an overwhelming amount of options, but it might be a little too basic for experienced investors.

Obviously, the low fees make it a competitive option against similar platforms. It might not suitable for beginner investors and you can’t use a debit card to top up, which can be a pain for most investors.

Get started by visiting Degiro and opening an account. Still not sure? Compare other share trading platforms with our comparison table.

Frequently asked questions

• Is DEGIRO good for beginners?

  We wouldn’t say that DEGIRO is good for beginners – it’s quite complicated and advanced and could put you off. It’s definitely more for advanced traders with some experience.

  You could try a provider that has a simple charging structure (or is zero commission) like Trading 212, or one with more learning resources, such as Hargreaves Lansdown.

• What if DEGIRO goes bust?

  When you deposit money into your DEGIRO account, DEGIRO immediately exchanges it to one of the Money Market Funds. All assets within the Money Market Funds are held separately by an independent legal entity.