Amsterdam-founded low-cost broker serving clients in many EU countries; since 2022 operated by flatexDEGIRO Bank AG under BaFin supervision.
- Headquarters
Netherlands- Founded
- 2008
- Type
- Share & ETF brokers
- Licences on record
- 2 (2 European)
- EU client entity
- flatexDEGIRO Bank AG (BaFin)
- Platforms
- Own platform
- Products
- Stocks, ETFs, Options, Futures, Bonds
- Website
- degiro.com
Strengths
- Low commissions on many European and US exchanges
- Access to a wide range of stock exchanges, ETFs, options and futures
- Operated by a German bank listed in Frankfurt
Watch-outs
- Connectivity fees per exchange and currency-conversion costs
- No local tax reporting in many countries
Overview
DEGIRO was founded in Amsterdam in 2008 and opened to retail clients across Europe with very low commissions. It merged with flatex in 2020, and since 2022 the business is operated by flatexDEGIRO Bank AG, supervised by BaFin.
What to check
- Exchange connectivity fees for markets outside your home market.
- Currency conversion: automatic conversion carries a fee; manual conversion may be possible.
- Your country's tax: DEGIRO usually does not withhold local tax outside Germany, so you declare gains yourself.
Our view
A proven low-cost option for investors who want breadth. Check the fee schedule for the exchanges you use.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| BaFin Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) |  Germany |
EU/EEA – passportable | Official register |
| AFM Autoriteit Financiële Markten | Netherlands |
EU/EEA – passportable | Official register |
What protection would you get?
If you are a retail client of DEGIRO's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: 90% of the claim, up to €20,000 per investor (investment firms) – EdW – Entschädigungseinrichtung der Wertpapierhandelsunternehmen
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Bankenombudsmann (private banks) or BaFin arbitration board
- Best forex brokers in Germany
- Investor compensation: Up to €20,000 per investor (€40,000 for a joint account) – Investor compensation scheme (beleggerscompensatiestelsel), run by DNB
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Kifid
- Best forex brokers in Netherlands
Verify DEGIRO yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 2 strong jurisdictions | +4 |
| Publicly listed group (audited public accounts) | +8 |
| Operating for 18 years | +7 |
| Total | 74/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
No verified experiences yet. Have you used DEGIRO? Share what happened with deposits, withdrawals, execution and support.
Share your experience
About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.