DEGIRO experiences

As none other than the test winner of a comparison of online brokers in 2017,DEGIRO appears to win new customers. And indeed, this broker has a lot to offer. Traders can trade here at absolutely favorable conditions, which are up to 86 percent below the prices of the competition. They get access to numerous global trading venues and can rely on secure execution from a reputable and regulated provider.

🥇 Best bidder
⭐| ||53Bewertung 4.5 / 5.0
🐂 Underlyings Stocks, Futures, Bonds, CFDs
📈 Conditions| ||65 Futures ab 0,75KES/EUR/USD/Kontrakt
💻 Software Webtrader
🏆 DEGIROTrade now!

Because seriousness and reliability cannot always be taken for granted in this industry, how Unfortunately, some black sheep show up again and again. In our review of the provider DEGIRO, in addition to the question of whether it is a reputable provider, we would like to take a look at the conditions for traders.

Our experience at a glance

Dass es sich bei DEGIRO um den aktuellen Testsieger handelt, konnte auch in unseren Erfahrungen im Rahmen des Tests voll und ganz bestätigt werden. Egal ob der Auftritt des Anbieters, die unkomplizierte Anmeldung und Nutzung des Angebotes aber natürlich auch die riesige Auswahl an handelbaren Instrumenten über zahlreichen internationalen Märkten konnten uns absolut überzeugen. Für einen effektiven Handel sorgt zunächst eine moderne Software, die alle Orders direkt und exakt ausführt. Und nicht zuletzt sprechen natürlich auch die Konditionen klar für den Broker DEGIRO. Unabhängig davon, mit welchen Instrumenten gehandelt wird, stets können die Trader mit im Branchenvergleich ausgesprochen günstigen Konditionen rechnen. Dabei wird ein klar verständliches und absolut transparentes Kostenmodell angeboten, welches den Handel absolut berechenbar macht. Versteckte Kosten müssen dabei nicht befürchtet werden.

Company DEGIRO B.V.
Address Rembrandt Tower – 9th floor 1096 HA Amsterdam Netherlands
Registration number BAK no. 131223
Licence Autoriteit Financiële Markten (AFM); BaFin
Phone +49 (0)69 365 065 457
eMail [email protected]
Live Chat no

In our test of DEGIRO we would now like to deal with the most important aspects that this broker has to offer. Starting with the possibilities in retail itself, we will focus in particular on the aspects of security and regulation. Traders should be able to be sure that they are relying on an absolutely trustworthy provider who does not have to fear fraud or rip-offs. We also took a look at the quality of the support offer and evaluated the user-friendliness of the website. We also wanted to know whether and how it is possible to participate in mobile trading at DEGIRO.

DEGIRO under review: fraud or serious?

Right at the beginning of our test, we want to address the From our point of view, the most important question in connection with an online broker: are fraud and rip-offs part of the business model or can traders rely on a fair and reputable provider? In the case of DEGIRO, we have only had positive experiences with regard to this aspect. In our experience with DEGIRO, traders can rely on the fact that their orders are executed under the fair conditions announced in the price display and that there are no hidden additional costs to be expected. This is also ensured by modern technology that hardly allows any price shifts between order and execution. The broker can also be regarded as safe and reputable because the company is regulated both at its headquarters in the Netherlands and in Kenya. Important standards can therefore be assumed, such as deposit insurance and separate management of customer funds and company funds. All in all, with DEGIRO, customers can rely on an absolutely reliable partner for trading.

Overview of the offer

In our experience, DEGIRO also differs significantly from many other providers with regard to the trade offer. Because while often only a small selection of products from the different categories is available for trading, DEGIRO offers access to a huge selection of trading venues. All products traded on these stock exchanges can be accessed with one account. In addition to stocks from all over the world, futures, indices, options and bonds can also be traded. And, of course, leveraged trading via CFD is also available.

DEGIRO's website
Homepage von DEGIROAngebot von DEGIRO

Many trading opportunities with moderate leverage

DEGIRO sees itself as a broker who does its Customers have access to many stock exchanges in the world. In principle, the provider is therefore not only interesting for speculative traders, but also for strategically oriented investors. The offer actually includes all products and instruments that are traded on the participating exchanges. Levers can also be used, although the really big levers are not available. A model is followed in which an individual leverage is calculated for each trader and their special portfolio, which can be used in trading. A maximum leverage ratio of 1:5 can be used. In addition, however, commodities and currencies are not part of the tradable range at DEGIRO.

Trading instruments and products

Even if commodities and currencies cannot be traded, traders at DEGIRO have an extremely broad spectrum to disposal. For example, all stocks can be accessed from numerous stock exchanges in Europe, North America, Asia and Oceania. In the case of futures, options and CFDs, the products are available on 12 stock exchanges in Europe and the USA. Bonds, on the other hand, can currently only be traded on European stock exchanges, although products from other parts of the world are of course also available here. With a view to CFDs, our experience with DEGIRO has shown that a handsome offer can also be used here. In addition to the Canadian electronic trading system XETRA, the stock exchanges in Vienna, Amsterdam, Lisbon, London and Paris are also available. And DEGIRO can also be traded on the NYSE and NASDAQ stock exchanges.

Numerous order types and trading forms in the program

And DEGIRO customers are also responsible for the possibilities in trading itself comfortable spectrum available. In addition to the classic trading of stock exchange products, in which a number of important order types can be used, there is also the option of short selling to target falling prices. The spectrum also includes so-called ETFs, i.e. index funds, which have recently become increasingly popular. In principle, it is always possible to subscribe to shares as part of an IPO. It is not yet possible to set up savings plans, nor is over-the-counter trading available.

No bonus on offer

Among Forex brokers offering their services in Kenya, there has always been lively competition for new customers. The bonus in particular has developed into a popular instrument. Numerous providers have started to offer special deposit bonuses to new customers as well as to existing customers in recent years. Sometimes it was even promised that you would be able to enjoy a bonus without making a deposit yourself. It was therefore possible in individual cases to start real trading without paying in your own capital. When viewed in the light of day, however, such measures must be described above all as effective advertising campaigns, with which the long-term benefit for traders is rather doubtful. A closer study of the conditions showed that a payout of winnings that were achieved with bonus amounts was not possible or only possible under certain circumstances. According to our experience, the competition for the supposedly best bonus conditions should therefore be viewed critically.

Deposit bonus: No bonus
Bonus conditions:
Further bonus offers:

Nevertheless, as part of our DEGIRO test, we naturally also looked for opportunities in which new customers could benefit from a bonus can benefit. However, we did not find what we were looking for. Anyone who registers for the first time must deposit their own money in order to start trading. The provider also does not have a deposit bonus, i.e. additional capital, which is granted depending on the amount of the first deposit. For the reasons just mentioned, i.e. the tendentially non-transparent bonus conditions with some providers, the waiver of a bonus, as with DEGIRO, does not have to be seen as a disadvantage. In any case, favorable conditions for trading, as well as high security of deposits and fair processing of transactions pay off much more in the long term than a short-term bonus.

Deposits and withdrawals via two methods possible

Trader, die sich zunächst einen Überblick über die Möglichkeiten bei DEGIRO verschaffen wollen, ohne eigenes Geld einzuzahlen, können ein Demokonto nutzen. Voraussetzung für einen echten Handel an den Börsen der Welt mit DEGIRO ist allerdings die Einzahlung von Handelskapital. Hierfür stehen bei diesem Online Broker genau zwei Möglichkeiten zur Verfügung. Zunächst kann über den Dienstleister „Sofort Überweisung“ Geld auf das Handelskonto überwiesen werden. Bei der Kontoeröffnung liegt die Mindesteinzahlung bei dieser Methode bei 250 Euro. In der Folge können dann aber beliebige Beträge auf das Handelskonto überwiesen werden, wobei der maximale Betrag bei 10.000 Euro liegt. Als zweite Methode kann auch die klassische Banküberweisung genutzt werden. Wenn ein Konto bei DEGIRO eröffnet wird, muss hierfür ein festes Bankkonto angegeben werden, welches als Referenzkonto genutzt wird. Von diesem Referenzkonto aus können dann beliebig oft Einzahlungen vorgenommen werden. Eine Mindesteinzahlung oder auch einen Höchstbetrag gibt es dabei nicht zu beachten. Während bei einer Einzahlung per „Sofort Überweisung“ das Geld innerhalb von 30 Minuten auf dem Handelskonto zur Verfügung steht und entsprechend eingesetzt werden kann, muss bei der Überweisung über das Bankkonto mit einigen Tagen Verzögerung gerechnet werden.

Payment methods at DEGIRO
Zahlungsmöglichkeiten bei DEGIRO
Deposit methods: SOFORT and bank transfer
Minimum deposit: for the first deposit of SOFORT 250 euros, otherwise not
Einzahlungsgebühren: No
Currencies Accepted: Euro
Withdrawal Methods: Bank Transfer

Payouts, on the other hand, can only be processed by bank transfer. To do this, customers can log into a separate area of ​​their online account and order the payment. There are no limits here either. However, it can only be paid out to the specified reference account. In our experience with DEGIRO, it can take around two to three days for the money to be available in the respective account. DEGIRO does not charge any fees for deposits or withdrawals.

All standards are met when it comes to regulation

In terms of regulation, according to the results of our test, customers have it at DEGIRO to do with an absolutely reliable and trustworthy partner. The online broker, founded in 2008, has always proven to be serious and has always treated its customers fairly. In our experience, there have been no reports of irregularities in the processing of transactions or in the administration or payment of customer funds. However, customers do not only have to rely on the experiences of other traders. The company is based in the Netherlands and is also regulated there by the competent supervisory authority, the Autoriteit Financiële Markten (AFM).

For Canadian customers, it is also important that the BaFin, which is responsible in this country, also keeps an eye on it as the supervisory authority compliance with all regulations. These include, above all, high demands on customer protection. In addition to the obligation to adhere to all the conditions specified in the price list, the requirements also include extensive and honest customer information about the trading risks. The guidelines relating to the handling of customer funds are also particularly important. In order to protect these in the event of insolvency, separate administration, i.e. separate from the company funds, is required. In this context, traders can also rely on the fact that, in an emergency, deposit protection of up to EUR 100,000 will also take effect. Fraud or rip-off are absolutely impossible on this basis.

Support: Friendly, competent and effective

A fair and reliable online broker also needs support that deserves its name. In the case of DEGIRO, customers can always count on reliable support in every situation. A telephone hotline is available for this purpose from Monday to Friday between 8:00 a.m. and 10:00 p.m. Of course, customers also receive information in Canadian. Our experience with DEGIRO's telephone customer service has shown that you can count on competent and always friendly staff. However, there can always be certain waiting times, especially during the main trading hours of the customers. For this reason, it is recommended to also use the other support offers and not always to pick up the phone straight away. First of all, there is a very well-structured FAQ to choose from, in the context of which customers can find out about numerous aspects relating to retail. An e-mail address also gives the DEGIRO team the opportunity to ask questions that are not extremely urgent. An answer can usually be expected within about 24 hours. Other offers, such as a callback service or an online chat, are currently not available.

Successful structure of the site enables high user-friendliness

During our test of DEGIRO, we naturally decided also dealt in detail with the website and with the general user-friendliness of the offer. In this respect, too, customers can rely on absolutely convincing conditions. The website is available entirely in Canadian and is structured so clearly that it is always possible to navigate directly to the content you are looking for. The same applies to registration, which should be completed in around ten minutes based on clear user guidance.

Mobile App

On the requirements that are now actually being made of every broker , belongs to mobile trading. Even beyond their own computer with Internet access, traders nowadays want to be able to keep an eye on the market and, if necessary, to carry out transactions. This is of course also possible at DEGIRO. A corresponding app for the smartphone can be downloaded from the website. Some additional functions, such as market information or price charts, can also be used conveniently on the go.

Conclusion - DEGIRO is convincing across the board

With DEGIRO, we have tested an online broker who was able to fully convince with a view to numerous categories. According to our experience, the DEGIRO concept is not only aimed at speculative traders, but also at investors. The selection of tradable products is correspondingly wide. A large number of products can be traded on a large number of stock exchanges in Europe, North America, Asia and Oceania. The categories stocks, indices, futures, options and bonds are available. Numerous products can also be traded with leverage via CFD. On the other hand, commodities or currencies are not part of the range of tradable assets. When it comes to trading, traders at DEGIRO can also count on excellent conditions. This ranges from effective support, to reliable and quick deposit and withdrawal conditions, to very good user-friendliness. And customers don't need to fear fraud or rip-offs either. Both our experience and regulation by various authorities ensure a high degree of seriousness.

Roland Herrmann
DEGIRO was able to trade in many in our test Categories are convincing, especially with the conditions.
4.5 / 5.0 rated byRoland Herrmann
Write us your comment. All comments are moderated.
0 votes
More interestingTopics

BrokersForexTB In Fraud Test

Register now