Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Degiro Review

6 reviews
  • Deposit
  • Withdrawal

Degiro general information

Founded in: 2008 year
Offices in the country: Bulgaria
Minimum Deposit: 0 $
Website: www.degiro
Website languages:
English, Hungarian, Greek, Danish, Irish, Spanish, Italian, Deutsch, Norwegian, Polish, Portuguese, Finnish, French, Czech, Swede
Execution model:
Deposit currency: USD, EUR, GBP, CHF, SEK, PLN, CZK
Support languages:
English, Hungarian, Greek, Danish, Irish, Spanish, Italian, Deutsch, Dutch, Norwegian, Polish, Portuguese, Finnish, French, Czech
Regulated by: BaFin (Germany)
Mobile trading: iOS, Android
Types of offered accounts: Standard Accounts
Affiliate program: Not

Degiro Forex broker description


  • Low fees

  • Wide range of assets

  • User-friendly platform

  • Fast and efficient account opening

  • Strong regulatory oversight


  • DEGIRO does not accept U.S. clients

  • Limited trading tools

  • No credit/debit card deposit

  • Availability restrictions for certain financial instruments

  • Inactivity fee.

Unique Selling Points

  • Transparency: DEGIRO is known for its transparency when it comes to fees, pricing, and investment options. DEGIRO's commitment to transparency makes it easier for investors to navigate online trading.

  • User-friendly platform: DEGIRO's platform is designed to be user-friendly and intuitive, making it easy for investors of all experience levels to trade. The platform is available in multiple languages and offers a range of tools and features to help investors make informed decisions. DEGIRO's platform is accessible via a web browser or mobile app, allowing investors to trade on the go.

  • Fast and efficient account opening: DEGIRO has a quick and efficient account opening process, which can be completed entirely online. The process typically takes only a few minutes to complete, and investors can begin trading as soon as their account is verified. DEGIRO's streamlined account opening process is designed to make it easy for investors to start trading quickly.

  • Low fees: DEGIRO is known for its low trading fees. This makes it an attractive option for cost-conscious investors looking to minimize their trading expenses. DEGIRO operates on a volume-based fee structure, meaning that the more trades an investor makes, the lower their trading fees. This pricing structure allows investors to save money as they continue to trade, making DEGIRO a compelling option for active traders.

  • Strong regulatory oversight: DEGIRO is regulated by the Dutch Central Bank and registered with the Netherlands Authority for the Financial Markets. This provides investors with strong regulatory protection and ensures that DEGIRO operates under the highest industry standards. Investors can be confident that their funds are safe and secure when trading with DEGIRO.

  • Affiliate Programme: DEGIRO Affiliate Programme is a unique selling point that sets it apart from other online brokers. By joining the program, affiliates can earn a commission by referring new clients to DEGIRO. This allows individuals or businesses interested in finance and investing to monetize their online presence through blogs, social media, or other channels. The program offers a range of benefits, including a competitive commission structure, real-time tracking of referrals and earnings, and dedicated support from the DEGIRO team. With the ability to earn an ongoing commission for each referred client, the DEGIRO Affiliate Programme provides a scalable and sustainable income stream for those participating.


DEGIRO Forex Trading is an online brokerage firm established in 2008, which has rapidly become one of the most popular platforms for trading and investing in Europe. The platform provides access to various assets, including stocks, ETFs, bonds, futures, options, and more. 

With a focus on low-cost trading, DEGIRO's platform is designed for both novice and professional traders, and it has become particularly popular among the latter. DEGIRO offers a user-friendly platform that is available in multiple languages, including English, Spanish, and German. 

The broker has gained a strong reputation for its low fees, high-quality customer service, and transparent pricing model. Additionally, DEGIRO offers a demo account that allows traders to practice and test their strategies before trading with real money. 

In this DEGIRO forex trading review, you will learn everything you need to know about DEGIRO. 

Supported Countries

EGIRO is an online broker that provides forex trading services and other financial instruments to clients worldwide. The broker currently operates in 18 European countries, including Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, the Netherlands, and the United Kingdom.

DEGIRO doesn’t accept clients from Afghanistan, Angola, Belarus, Central African Republic, Congo (Brazzaville), Congo (Democratic Republic), Eritrea, Guinea-Bissau, Guyana, Iraq, Ivory Coast, Lebanon, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, and Zimbabwe.

DEGIRO broker also supports multiple languages for its clients' convenience, including English, Hungarian, Greek, Danish, Irish, Spanish, Italian, Deutsch, Dutch, Norwegian, Polish, Portuguese, Finnish, French, and Czech. The broker offers its services to both retail and professional investors and provides them with various account types.

Customer Service Rating

DEGIRO boasts an impressive customer service rating of 4.1 out of 5 based on 3,951 DEGIRO reviews on Trustpilot, which is a testament to its outstanding services and offerings. 

This rating puts DEGIRO among the top forex brokers regarding customer satisfaction. DEGIRO reviews on Trustpilot show that customers highly appreciate DEGIRO's user-friendly platform, affordable fees, and efficient order execution. 

However, some DEGIRO reviews suggest that the broker's trading platform could be improved to include more advanced features.

DEGIRO Trading Platforms

DEGIRO offers its clients three trading platforms: a proprietary platform, the popular MetaTrader 4 (MT4), and a WebTrader platform. Each platform has its unique features, advantages, and limitations. Here is a closer look at each DEGIRO trading platform:

  • Proprietary Trading Platform: DEGIRO's proprietary trading platform is designed to provide traders with a user-friendly and intuitive interface for trading various assets such as stocks, bonds, and funds. The platform is available in several languages, including English, Dutch, German, French, and Italian. Traders can also access market news, charts, and financial data on this platform, which can help make informed trading decisions.

  • MetaTrader 4 (MT4): DEGIRO MT4 is one of the most popular trading platforms in the world, and DEGIRO offers its clients access to this platform. DEGIRO MT4 is known for its advanced charting capabilities, extensive range of technical indicators, and support for automated trading through Expert Advisors (EAs). The platform is available for desktop, mobile, and web-based trading.

  • WebTrader: DEGIRO's WebTrader is a browser-based platform that allows traders to access their trading accounts from anywhere with an internet connection. The user-friendly platform offers real-time market data, charting, and trading tools. However, it may lack some of the advanced features of the proprietary and DEGIRO MT4 trading platforms.

Type of Trading Accounts on DEGIRO

  • Custody Account: This account is designed for long-term investors who only trade occasionally. It has a limited selection of investment products, and clients cannot use leverage. However, the custody account offers lower fees compared to the other accounts.

  • Basic Account: This account is the standard account type at DEGIRO. It offers access to a wider range of investment products, including stocks, bonds, and options. Clients can also use leverage with this account type, but it comes with higher fees compared to the custody account.

  • Active Account: This account is suitable for clients who trade frequently. It offers the same range of investment products as the basic account but with lower fees. However, clients must maintain a minimum balance of €10,000 to qualify for this account type.

  • Trader Account: This account is designed for professional traders who require advanced trading tools and features. It offers access to the DEGIRO trading platform, real-time data, and a wide range of investment products. However, it comes with higher fees and a minimum balance requirement of €25,000.

  • Day Trader Account: This account is for clients who execute daily trades. It offers the same features as the trader account but even lower fees. However, clients must maintain a minimum balance of €100,000 to qualify for this account type.

Trading Denominations on DEGIRO

When trading forex on DEGIRO, you can trade in multiple currency denominations, including the US dollar (USD), Euro (EUR), Japanese yen (JPY)), and British pound (GBP). This enables traders to reduce their transaction costs and avoid currency conversion fees while trading on the platform. 

Company Structure

DEGIRO is a Dutch online brokerage company founded in 2008 by a group of former employees of Binck Bank. It offers retail investors access to over 50 international exchanges for trading various financial instruments, including stocks, ETFs, options, bonds, futures, and warrants. 

The broker operates as an independent company, but it is now owned by the German financial services provider, Flatex AG, after the acquisition in 2020. DEGIRO has over 600,000 customers across 18 European countries, making it one of the fastest-growing online brokers in Europe.

DEGIRO has a lean company structure, with a team of about 350 employees across its offices in Amsterdam, Sofia, and Madrid. The company's management comprises seasoned professionals with a wealth of experience in the financial services industry. DEGIRO has built a reputation for offering its clients low fees, transparency, and innovation. The company has been recognized for its excellence in customer service, winning numerous awards, including the Golden Bull Award for Best Online Broker in the Netherlands in 2020.

DEGIRO's success can be attributed to its focus on offering its clients the best possible trading experience. The company is committed to providing access to the best trading platforms, market data, and trading tools. DEGIRO offers a web-based trading platform that is simple to use, intuitive, and customizable to meet the needs of traders at all levels of experience. 

It also provides a mobile trading app that enables traders to access their accounts, manage their portfolios, and execute trades on the go. DEGIRO's commitment to excellence has made it a popular choice among traders looking for a reliable, low-cost online broker.

DEGIRO Licenses and Regulatory Compliance

DEGIRO is a licensed and regulated online brokerage firm. It is authorized and regulated by multiple financial authorities in the countries where it operates, including the 

  • Dutch Authority for the Financial Markets (AFM) with license number 00003159  issued in 2013;

  • Dutch Central Bank (DNB) in the Netherlands with license number 140000262 issued in 2015

  • Financial Conduct Authority (FCA) in the UK with license number 595450 issued in 2015; 

  • National Bank of Belgium (NBB), with license number 25567, issued in 2015, and 

  • German Federal Financial Supervisory Authority (BaFin) with license number 151148, issued in 2016.

DEGIRO Customer Protection

DEGIRO provides users with a range of trading categories and a demo account (DEGIRO Demokonto) to help users practice trading before using real money, further enhancing customer protection. 

The platform also provides transparent pricing with low fees and no hidden charges on trades, which users have positively reviewed. DEGIRO's customer protection measures also include advanced risk management procedures for all trading categories, ensuring that users' funds and personal information are safe and secure. 

Trading Information

DEGIRO offers trading in a variety of financial instruments. With DEGIRO brokers, you can also access trading education and resources.

Tradable Instruments

  • 50+ global stock exchanges

  • 4000+ bond listings

  • 200+ futures markets

  • 4000+ ETFs

  • 200+ options markets

  • 15000+ mutual funds

DEGIRO Leverage

DEGIRO offers leverage on certain products, allowing traders to increase their returns. However, the amount of leverage offered varies depending on the instrument being traded. 

For example, the maximum leverage available for forex trading is 30:1, while the maximum for DEGIRO CFDs is 1:20. It's important to note that leverage can increase both profits and losses, so it should be used with caution and only by experienced traders who understand the risks involved. 

Asset class    

Maximum leverage












Up to 30:1



Deposits and Withdrawals 

DEGIRO offers free deposit and withdrawal except in situations where your payment method charges some fees


DEGIRO provides several convenient methods for depositing funds into a trading account, including bank transfer and online payment methods such as iDEAL, Sofort, Giropay, and Trustly. The minimum deposit amount is 0.01 EUR, which is generally processed within one business day.

Here is a table summarizing the available deposit methods, fees, and processing times:

Deposit Method        


Processing Time

Bank transfer    


1-3 business days













It’s worth noting that DEGIRO only accepts deposits from bank accounts that are held in the same name as the DEGIRO account.


DEGIRO offers various withdrawal options to its clients, including bank transfer, iDEAL, Sofort, Giropay, and Trustly. Each option has different processing times and fees, as shown in the table below:

Withdrawal Method        


Processing Time

Bank transfer    


2-3 business days



1 business day



1-2 business days



1-2 business days



1-2 business days

It's worth noting that the processing times may vary depending on the client's bank and location. DEGIRO forex trading offers a variety of convenient and cost-effective withdrawal options to its clients.

DEGIRO Trading Education and Training

DEGIRO offers several trading education and training resources to help their clients improve their knowledge and skills in trading. Here are some of the options available:

  • Trading Webinars: DEGIRO hosts regular webinars on various trading topics, including Forex DEGIRO, CFDs, and trading strategies. Trading experts conduct the webinars, and they are free for DEGIRO clients.

  • Trading Academy: The Trading Academy is an online education center that provides beginner to advanced-level courses on trading. The courses cover topics such as technical analysis, fundamental analysis, and risk management.

  • Trading Guides: DEGIRO provides detailed trading guides on its website, covering topics such as trading platforms, order types, and investment products. The guides are available in multiple languages, including English, German, and Spanish.

  • Trading Videos: DEGIRO has a library of trading videos on its YouTube channel, covering topics such as trading psychology, market analysis, and trading strategies.


  • Is DEGIRO a scam?

DEGIRO is not a scam. It is a regulated online brokerage firm that has been operating since 2008

  • How to open a DEGIRO Forex trading account?

To open a DEGIRO Forex trading account, go to the DEGIRO website and click on the "Open an account" button. Fill in your details and choose the type of account you want to open. Once your account is activated, you can fund it and start trading Forex on the DEGIRO platform.

  • Does DEGIRO Accept U.S. Clients? 

DEGIRO used to accept clients from the United States. However, as of 2021, DEGIRO has stopped accepting new clients from the United States due to regulatory reasons.


DEGIRO has established itself as a reliable and reputable online broker, offering a diverse range of financial instruments for trading. Its intuitive platform, low fees, and competitive pricing have earned it a loyal customer base worldwide. 

The broker boasts an impressive array of tradable instruments, with access to over 50 global stock exchanges, 4,000+ bond listings, and 28 different options and futures trading markets. This provides traders with limitless opportunities to expand their investment portfolios.

In addition, DEGIRO has an exceptional trading education and training program that equips its users with the knowledge and skills required to become successful traders. With affordable pricing, superior customer support, and various payment options for deposits and withdrawals, DEGIRO is an ideal broker for novice and experienced traders. 

In all, DEGIRO is a trustworthy and dependable broker offering traders the tools necessary to achieve their financial objectives. Whether you're a seasoned investor or just starting, DEGIRO forex broker has everything you need to excel in the financial markets.

Trading accounts of Degiro

  • Business
Trading platforms: DEGIRO WebTrader
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
CHF - Swiss Franc
SEK - Swedish Krona
PLN - Polish Zloty
CZK - Czech Koruna
Trading instruments:
Amount of assets : 100
  • Promotions
  • Futures
Stock exchange
  • Promotions
  • Futures
  • Options
  • Exchange goods (UTS)
  • Funds (ETF)
Entry to stock exchanges
  • CME (USA)
  • Eurex (EU)
  • Euronext (ES)
  • LSE (United Kingdom)
  • TSE (Japan)
  • VSE (Austria)
Execution type:
Market Execution
Swap Free:
VIP Account:
Spread type:
Decimal places:
4 characters
Phone trading:

Contacts of Degiro

Нидерланды , АмстердамAmstelplein, 1
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(+31) 20 535 34 96Телефон штаб-квартиры
Болгария , СофияVitosha Boulevard, 89B
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(+31) 20 535 34 96Телефон штаб-квартиры

Recent customer reviews of Degiro

William Patel 07 November 2022

Advantages: a convenient personal account is not thrown with withdrawal Support works 24/7 a lot of assets

Disadvantages: on the minimum account there are fewer buns than on cool accounts there are sometimes small withdrawal delays sometimes spread expansion happens on the site there is no section with forex news

Comment: Signed up to change their previous broker. They were not satisfied with the attitude to clients, the rudeness of managers and delays in withdrawals. In this respect, the broker did not disappoint. The support service responds quickly. Sometimes the withdrawal is delayed for a day or two. I have small bugs, but they are not critical.
All available in the personal cabinet - you can view transactions, connect a referral. There were no failures in the personal account, and in the terminal I did not notice any problems

Jude Jennings 21 March 2022

Advantages: Many features that make it easier for traders to trade on the stock market. The platform offers access to more than 200 different markets from just one account, which is an advantage for traders who trade in several markets at the same time.

Disadvantages: The platform does not offer any training or recommendations on trading, which may disappoint newcomers. The broker also provides its services only in English, which can be difficult to navigate if you do not speak English.

Comment: I advise beginners to bypass this broker by the side, since you will not get any help. For those who have experience, this broker is well suited.

Bartu Süleymanoğlu 01 March 2022

Advantages: Low brokerage fees for trading stock market assets

Disadvantages: Does not provide access to the Forex market Registration is allowed for traders from a limited number of countries

Comment: This broker has a wide coverage of markets, providing access to the most important international, as well as to some local European exchanges. Its web interface and mobile trading platform are well-designed and easy to use. There are problems with registration, as everything takes a long and difficult time. What is the preparation of documents, what is verification. There is no passive investment at all.


Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.