Introduction of the broker Degiro
DEGIRO is a trading platform that is operated by flatexDEGIRO Bank AG based in Germany. DEGIRO's history dates back to 2008 when it was founded in the Netherlands. The platform has been licensed by BaFin (German Federal Supervision of Financial Services), which entitles it to offer its services.
DEGIRO specializes in offering various financial products, including securities such as stocks, ETFs (Exchange Traded Funds), bonds and more. In addition, it facilitates trading in financial derivatives, including futures and options.
Trading Platform
DEGIRO's platform is accessible via a mobile app and a web browser app, providing users with flexibility in trading. In terms of fees, DEGIRO has trading commissions that are important to compare with competitors. In addition, handling fees and currency conversion fees may apply.
DEGIRO allows bank transfers in EUR. Unfortunately, it does not have a demo account available, so it does not offer the opportunity to try risk-free trading. The minimum deposit on the DEGIRO platform is just 1 Euro, and the same goes for the minimum withdrawal. As for the minimum trade, you can trade from as little as one share or one contract.
DEGIRO offers many languages in its platform , which makes it easier to navigate trading. Special features and services include the ability to trade selected ETFs for free, the possibility of trading on margin and performing shorting. It also allows easy exchange of EUR for the mid-rate.
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