- Leverage: Margin Trading
- Regulation: BaFin, AFM, DNB
- Min. Deposit: $0
- HQ: Netherlands
- Platforms: Degiro Proprietary Trading Platform, Mobile App
- Found in: 2008
Degiro Licenses:
- flatexDEGIRO Bank AG, flatexDEGIRO AG – authorized by BaFin (Germany) registration HRB no 103516
- flatexDEGIRO Bank Dutch Branch – regulated by AFM and DNB (Netherlands) permit no 12048408
- DEGIRO is a European online stock trading company that enables investors to buy and sell various financial products, including stocks, bonds, options, futures, funds, commodities, and ETFs.
- The firm primarily serves clients across Europe, including the Netherlands, Germany, France, Spain, and other countries. Additionally, DEGIRO provides access to global markets worldwide, such as those in Australia, Japan, Hong Kong, and other regions.
- Regulatory oversight for DEGIRO comes from German BaFin, the Netherlands Authority for the Financial Markets (AFM), and the Dutch Central Bank (DNB), ensuring compliance with regulations set by the European Securities and Markets Authority (ESMA). This regulatory framework provides security and assurance for DEGIRO users.
- Known for its cost-effective trading model, DEGIRO offers competitive fees compared to traditional brokerage services, emphasizing a long-term investment approach.
- Yes, DEGIRO operates as a stock trading broker, facilitating the buying and selling of various financial instruments, including stocks, bonds, options, and ETFs. The company’s low-cost approach to trading has made it popular among investors seeking competitive fees and a diverse range of investment opportunities.
- FlatexDEGIRO, the German branch resulting from the merger of Flatex and DEGIRO, provides online brokerage services tailored to the German market. Regulated by German financial authorities, the company ensures compliance with strict standards, offering a secure and trustworthy platform for trading and investment within Germany.
- Pros and cons of DEGIRO: Pros:
- Low-cost approach to investing with competitive fees.
- Widely regarded and popular among investors.
- Access to a diverse range of global markets for portfolio diversification.
- Cons:
- Limited research and educational resources compared to other platforms.
- Customer support responsiveness and effectiveness may be areas for improvement.