DEGIRO
Low-cost access to global markets for serious retail investors.
Last reviewed: March 2026
out of 10
DEGIRO built its reputation on genuinely low commissions before 'free' trading existed, and it remains the right choice for investors who want broader exchange access, a longer track record, and a platform that feels like a serious tool. The free monthly core selection trade makes costs negligible for ETF investors.
Right for you if…
- Investors comfortable with a functional, research-oriented interface
- Those wanting access to European exchanges beyond Euronext
- Monthly investors in core ETFs — VWCE and IWDA are on the free selection list
- Investors who prefer a Dutch-founded platform with a long European history
Not right if…
- Complete beginners who want an intuitive onboarding experience
- Investors with small amounts who need fractional shares
- Anyone wanting interest earned on uninvested cash
Fee Breakdown
Max €9.87 on Euronext
Most popular ETFs are EUR-denominated
Per exchange — Euronext free
For a monthly investor buying VWCE or IWDA once per month, DEGIRO costs nothing — the core selection free trade covers it. The FX fee is only relevant for USD-denominated assets; a EUR ETF portfolio incurs no conversion charges.
5.27% of €2,400 invested/year at DEGIRO
Pros and Cons
What works
Core selection ETFs (VWCE, IWDA, CSPX and more) trade free once per month
Access to 50+ exchanges across 30+ countries — the widest reach of any retail platform in Europe
Owned by flatexDEGIRO Bank AG — a licensed German bank with strong regulatory oversight
Low commissions outside the core selection — typically €1–3 per trade
No inactivity fees, no custody fees on standard accounts
What doesn't
No fractional shares — you must buy whole units, which matters when a single VWCE unit costs €130+
No interest paid on uninvested cash
DEGIRO's asset structure uses Stichting DEGIRO — different from standard segregation, worth understanding before depositing large sums
Mobile app functional but lacks the polish of newer platforms
0.25% + €10 minimum for FX conversion — expensive if you regularly buy USD assets
Safety & Regulation
DEGIRO is owned by flatexDEGIRO Bank AG, a licensed German bank regulated by BaFin. Client assets are held through Stichting DEGIRO, a separate legal foundation. Coverage up to €20,000 under the German Investor Compensation Scheme.
Platform Experience
The platform prioritises information density over aesthetics. Portfolio view, transaction history, and order management are clear and functional. Research tools are limited compared to traditional brokers but adequate for index investors. Mobile app is usable, not exceptional.
Tax Reporting
DEGIRO provides annual portfolio statements and dividend reports. For Dutch investors, the year-end balance statement is directly usable for Box 3 declarations. Quality varies by jurisdiction.
Available In
DEGIRO FAQ
DEGIRO is owned by flatexDEGIRO Bank AG, a licensed German bank regulated by BaFin. Client assets are held through Stichting DEGIRO, a separate legal foundation. Coverage up to €20,000 under the German Investor Compensation Scheme.
For a monthly investor buying VWCE or IWDA once per month, DEGIRO costs nothing — the core selection free trade covers it. The FX fee is only relevant for USD-denominated assets; a EUR ETF portfolio incurs no conversion charges.
DEGIRO is available in: NL, DE, FR, ES, BE, IT, PL, SE, AT, PT, DK, FI, NO, CH. Availability may change — check DEGIRO's website for the latest.
Investors comfortable with a functional, research-oriented interface. Those wanting access to European exchanges beyond Euronext. Monthly investors in core ETFs — VWCE and IWDA are on the free selection list. Investors who prefer a Dutch-founded platform with a long European history.
How It Compares
Open a DEGIRO account
Regulated broker. Takes 5–10 minutes to sign up.
Affiliate link — we may earn a commission at no cost to you
This review reflects Etfora's editorial assessment based on publicly available fee data. Fees may change — verify current rates on DEGIRO's website before opening an account. Not financial advice.