DEGIRO is a Dutch investment platform that allows trading on global stock exchanges. The company is not a CFD broker and does not offer forex trading, but it does offer leveraged products, including ETFs, futures, and options. However, the platform can be a good choice for stock trading. It offers a wide selection of companies listed on over 50 stock exchanges in 30 countries. DEGIRO’s Asian offering includes Japanese, Singaporean, and Hong Kong-based Chinese stocks.
Contents:
- DEGIRO offer
- Deposits and withdrawals
- Fees and commissions
- Lower US Tax (W-8BEN)
- Real and Demo Account
- DEGIRO platform
- Customer reviews
- FAQ
DEGIRO was founded in the Netherlands in 2008. In early 2021, the company merged with flatexDEGIRO Bank AG and has since become the largest online broker with a banking license in Europe. The platform is used by 2 million customers.
The platform supports nine currencies (including EUR, PLN, and GBP) and is available in 15 languages , including Polish. DEGIRO is regulated by the Dutch Financial Market Authority (AFM) and the prudential supervision of De Nederlandsche Bank (DNB). It is also registered with the Financial Conduct Authority (FCA).
DEGIRO broker and its trading offer
DEGIRO offers access to over 50 exchanges from 30 countries , allowing its clients to invest in stocks, futures, ETFs, and instruments related to the digital asset market.
DEGIRO offer (Source: degiro.pl)
Shares in DEGIRO
The platform gives access to shares from a huge number of exchanges. This is one of the widest offers available on the market. Available exchanges include: Euronext, Xetra, London Stock Exchange, NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca, Currenex and the largest stock exchanges on the Asian market.
Investing fees vary by market. For US stocks, the commission is 0 PLN , but DEGIRO charges a €1 processing fee for each order.
For shares listed on the Polish WSE, the commission is PLN 1 + PLN 5 processing fee . For shares listed on the European and other markets, the commission is EUR 2 + EUR 1 processing fee.
A full list of available equity instruments
can be found here
.
ETFs at DEGIRO
DEGIRO also offers access to one of the broadest ETF offerings. The platform offers ETFs from most European exchanges, as well as from Hong Kong and Singapore.
The full list of available exchanges and markets includes : Euronext Amsterdam, Euronext Brussels, Euronext Paris, Xetra, Börse Frankfurt, Tradegate, London Stock Exchange, Vienna Stock Exchange, SIX Swiss Exchange, Bolsa de Madrid, OMX Helsinki, Athens Stock Exchange, Euronext Dublin, Borsa Italiana SpA, Oslo Stock Exchange, Warsaw Stock Exchange, Euronext Lisbon, OMX Stockholm, Hong Kong Stock Exchange and Singapore Exchange.
DEGIRO charges €0 commission for select ETFs, while for global ETFs it’s €2 per transaction and a €1 processing fee . The ETF offering is subject to a “Fair Use” policy. This means that the first executed order is free of transaction and third-party costs, regardless of size or direction, provided it doesn’t result in a short position.
Cryptocurrencies at DEGIRO
DEGIRO doesn’t offer direct cryptocurrency purchases . However, you can invest indirectly through trackers like ETFs and ETNs. Investing in cryptocurrency trackers carries a high risk, and the broker advises only investing in financial products that match your knowledge and experience.
The indices tracking Bitcoin’s price include CoinShares Physical Bitcoin, WisdomTree Bitcoin, and 21Shares Bitcoin ETP. The offering also includes five instruments based on cryptocurrency baskets:
In addition, contracts issued by 21Shares for Cardano, Ethereum, Polkadot, Riiple and Solana are also available.
Bonds, Options and Futures at DEGIRO
The platform also offers access to bonds from European stock exchanges, options (Europe and the USA) and futures contracts (Europe and the USA).
In the bond market, the transaction fee is €2 + €1 handling fee . In the futures market, the commission is €0.75 per contract. A similar rate applies in the options market.
Additionally, DEGIRO allows you to invest in investment funds such as:
- Aberdeen standard
- BNP Paribas
- Blackrock
- Fidelity
- Goldman Sachs
- Kempen
- NN (formerly ING investment funds)
- Actiam
Forex Offer at DEGIRO
DEGIRO does not offer trading in forex or any other contracts for difference. The broker offers only real underlying instruments from major exchanges around the world.
Deposits and withdrawals of funds
You can deposit funds into your trading account via bank transfer to your DEGIRO account directly from your registered account on the platform (and only from there). Detailed information about deposits can be found by clicking the “Deposit/Withdrawal” button in the top right corner of the trading platform. In the mobile app, this section is available in the top left corner of the menu under the “Deposit/Withdrawal” button.
A standard transfer can take 2-3 business days to appear in your DEGIRO account . DEGIRO doesn’t offer fast transfers, but the platform does offer the option of using Trustly. This option incurs an additional fee of €1. Funds over €1,000 may take up to one business day to be credited.
As for withdrawals, they can be made from the same section (Deposit/Withdrawal) to your linked bank account. They take 3 to 5 days.
The company does not charge its clients additional costs for depositing or withdrawing funds.
Fees and commissions at DEGIRO
Fees for individual instruments are described in the sections above and are available at
https://www.degiro.pl/oplaty-i-prowizje
. Regarding other costs, DEGIRO does not charge, for example, inactivity fees or position maintenance fees. However, it does charge a 0.25% currency conversion fee.
If the order is placed through an exchange or other investment platform, a €1.00 handling fee applies for all products except select ETFs, Tradegate, and Options & Futures (excluding OMX Nordics). For shares listed on the Warsaw Stock Exchange, a €10 handling fee applies.
DEGIRO does not collect third-party fees directly, but rather through a €1.00 processing fee. This fixed fee covers all costs incurred in executing an order (e.g., clearing and settlement costs, brokerage fees, contract note fees, regulatory fees, and execution fees).
Lower tax on investments in US companies (W-8BEN)
DEGIRO allows you to receive a lower rate (15%) on dividends from US companies. The standard rate is 30%. To do this, you must complete the ‘W-8BEN/W-8BENE’ form, which is available on the platform.
The reduced tax rate applies to a select list of products available on the so-called “green list.” Almost all American products are listed on this list, with a few exceptions. Additionally, the product information page indicates whether this applies to the selected product.
DEMO account and real account
Creating an account with DEGIRO is extremely easy and only requires entering your email address, username and password. However, the company does not offer free demo accounts.
The decision is justified by the fact that opening a live account is completely free, allowing anyone to familiarize themselves with the platform before deciding to start trading. After registration, the user is asked to provide more detailed information, including phone number verification. This is necessary to access the trading platform.
DEGIRO platform
The DEGIRO trading platform is available as a web browser and as a mobile app . It’s tailored to every type of investor, and its appearance will vary depending on whether you’re a beginner, experienced, or expert investor.
DEGIRO investment platform (Source: degiro.pl)
Customer reviews about DEGIRO
On Trustpilot, the Polish-language website Degiro.pl received a rating of 4.6 out of 5 stars . Polish customers particularly appreciate the Polish-language support, low commissions, and wide range of options for building a passive portfolio.
The mobile app for Android devices has received a rating of 4.2 out of 5 stars from 13,700 reviewers. It has been downloaded on mobile devices over 1 million times. On the Apple App Store, the same app has a rating of 4.4 out of 5 stars from over 300 reviews.
DEGIRO FAQ
Czy DEGIRO jest bezpieczne i działa legalnie?
Tak, platforma DEGIRO podlega nadzorowi Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) w Niemczech oraz AFM w Holandii. Ponadto platforma posiada Programem Ochrony Inwestorów, który pokrywa starty z niezwróconych aktywów do ich 90% (z maksymalną kwotą do 20000 EUR).
W co można inwestować na DEGIRO?
DEGIRO oferuje dostęp do takich instrumentów jak akcje, ETFy, kontrakty terminowe, obligacje czy opcje.
Czy konto w DEGIRO jest płatne?
Nie, prowadzenie rachunku jest darmowe. Pojawiają się jedynie opłaty/prowizje związane z zawieranymi transakcjami oraz przewalutowaniem środków.
Czy DEGIRO oferuje konto demo?
W DEGIRO nie można handlować na rachunkach demonstracyjnych, można założyć jednak darmowy rachunek rzeczywisty i sprawdzić, jak działa platforma.
Czy w DEGIRO można handlować na Forex?
DEGIRO nie jest brokerem FX/CFD, nie oferuje więc typowego handlu na parach walutowych. W Ofercie kontraktów terminowych można znaleźć jednak kilka instrumentów powiązanych z walutami.
Czy DEGIRO oferuje kryptowaluty?
W DEGIRO nie dokonasz bezpośredniego zakupu kryptowalut, możesz inwestować jednak w giełdowe instrumenty pochodne bazujące na cenach kryptowalut lub całych ich koszyków. Mowa tutaj o kontrakt terminowych, ETF-ach oraz opcjach.
Jak dokonać zasilenia konta w DEGIRO?
Środki na rachunek w DEGIRO można wpłacić poprzez przelew bankowy z zarejestrowanego rachunku bankowego. Czas realizacji takiego przelewu to zazwyczaj 2-3 dni robocze, a firma nie pobiera dodatkowych prowizji od depozytów.
Czy w DEGIRO można inwestować na GPW?
Tak, DEGIRO posiada w ofercie instrumenty z warszawskiej GPW. Oprócz akcji będą to również kontrakty terminowe.
Czy DEGIRO pozwala na przeniesienie portfolio do innego biura maklerskiego?
Tak, klient ma możliwość dokonania transferu. W celu przeniesienia całego lub części portfolio należy wypełnić odpowiedni wniosek o transfer i przesłać go na adres e-mailowy [email protected].
Czy DEGIRO jest regulowaną platformą?
Tak DEGIRO posiada regulacje poważanych instytucji w Europie oraz w Wielkiej Brytanii. Z jego usług korzysta ponad 2 miliony klientów.
