Updated Review of DEGIRO Forex Broker
Reviewed Broker: Degiro
Location: DEGIRO BV, Rembrandt Tower - 9th floor, 1096 HA Amsterdam , The Netherlands. DEGIRO has expanded across 18 European countries.
Established in 2013
Regulation: DEGIRO B.V. is under supervision by Netherlands Authority for the Financial Markets (AFM) and prudential supervision by the Dutch Central Bank (DNB). DEGIRO has been granted a license pursuant to article 2:96 of the Act on Financial Supervision in the Netherlands, to act as an investment firm. DEGIRO has its registered office and statutory seat in Amsterdam in accordance with its articles of association. DEGIRO is registered with the Chamber of Commerce and Industry in Amsterdam under number 34342820.
Awards: AN AWARD WINNING BROKER WITH MORE THAN 30 INTERNATIONAL NOMINATIONS including Best Online Broker by German Fairness Award 2017, Best Stock Broker by Rankia Spain 2017, Cheapest Broker in France by Investir 2017, Best Mobile Share Dealing by Financial Time & Investors Chronicle UK 2017
USA traders: US clients are not accepted if they are considered a person under IRS guidelines.
Investing with DEGIRO
Over 300,000 other investors across 18 countries are currently involved in trading with Degiro broker. Access global exchanges anytime, anywhere, and on any device with the right tools and the possibilities. You're in charge of your financial future. You can register an account online in less than 10 minutes. There's no minimum deposit needed to register and a simple registration process.
Payment Methods and Funding Requirements
Minimum deposit requirement: $1
Funding methods: Bank transfer and SOFORT (instant deposit service provider)
DEGIRO Account Types Review
Within the DEGIRO trading platform, you have selection of various account types you can choose from such as:
- Day Trader
Broker 's Features and Trading Conditions
The account registration takes minutes. Taken under consideration that all the necessary documents have been provided, you will be able to start trading right away. The account opening process is all online and you can submit all the docs by uploading them to your profile.
For the initial registration you need:
- a copy of your passport or ID card
- the bank account number from which you will fund the investment account
Available order types:
- Limit order
- Market order
- Stop loss order
- Stop limit order
- Day order
- Good-till-date order
Discover Benefits of Trading with DEGIRO
DEGIRO is committed to providing clients a secure environment to trade. Data protection and safekeeping of clients assets are our priority.
At DEGIRO, innovation is the standard. Our investment platform is at the forefront of the industry but we are not content to stop improving. We are continuously expanding our services.
Invest in over 2 million products
No longer are investors limited to only their home market. With DEGIRO you can access exchanges worldwide for truly global investing.
No fine print
At DEGIRO, we believe in transparency. Our fees can be found within the fee schedule, allowing the possibility to calculate the cost upfront before performing your trade.
Trading Platforms Reviews
From the trading platform, you can access your portfolio, streaming quotes, market news, and extensive order capabilities. Available on web and mobile, the platform is easy to use and comprehensive. DEGIRO does not provide a desktop platform.
Mobile trading: The new mobile application has received very positive feedback, allowing investors to trade quickly and easily where ever they are.
Get a user-friendly trading platform to monitor your portfolio and trading options.
Fast trading: Respond immediately. Enter your order quickly and easily with the QuickOrder button. Found at the top of every page.
Real-time streaming prices: With DEGIRO you have access to streaming rates for the major European markets and US exchanges.
Bid / ask spread in order book: At DEGIRO you can view the depth of the order book on Euronext up to 5 levels.
Orders placed by amount: With DEGIRO, you submit your orders by number of stocks, as well as by the order value. This way you immediately know what amount you buy or sell without converting currency. Convenient, fast, and simple.
Both Web and Mobile platforms have all the most important features such as:
- Market overview
- Portfolio information
- Transaction and account history
- Security order
- Money transfer order
How are foreign currency transactions handled at DEGIRO?
When opening an account on the UK platform, for example, your account will denominated in GBP and linked to a GBP bank account. At DEGIRO foreign currency transactions can be handled in two ways; using the AutoFX trader or holding foreign funds manually.
Who can open an account with DEGIRO?
Anyone from the following countries with bank account in your name can join DEGIRO:
- EU countries except for Bulgaria, Croatia, Cyprus, Estonia, Latvia, Lithuania, Malta, and Romania
Education and Customer Support
Educational material is not provided by this broker.
Client support can be reached by phone or email. Online chat is yet to be offered.
How was the rating of DEGIRO performed compared to other brokers?
This 2018 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on DEGIRO FX broker performance and features.
Overall our online DEGIRO review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online DEGIRO or you find inaccurate details DEGIRO broker review please get in touch with us and the changes will be applied.