DEGIRO review 2026: the low-cost provider turned bank
Created in 2008 in Amsterdam to disrupt stock brokerage pricing, DEGIRO has entered a new dimension since its full acquisition by the German group flatex in 2020-2021. The Dutch broker now operates under a banking license, flatexDEGIRO Bank SE, supervised by BaFin. Our 2026 test examines the actual fees, accessible markets, and limitations of this unique broker: DEGIRO is not a CFD broker; it is a pure execution broker for listed products. To find out if it deserves a place in your trading toolkit, read this comprehensive test, which follows our DEGIRO profile.
Identity Card
| Element | Detail |
|---|---|
| Year of creation | 2008 |
| City of origin | Amsterdam, Netherlands |
| Founders | Not disclosed |
| Current headquarters | Frankfurt am Main, Germany (flatexDEGIRO Bank SE) |
| Regulators | BaFin (Germany), Freedom to provide services in France (AMF register) |
| Ownership | flatexDEGIRO AG Group, listed in Frankfurt |
| Clients | Several million in Europe (group data) |
2026 Fees: The lowest brokerage in Europe?
Pricing remains DEGIRO's primary selling point in 2026. The fee schedule is transparent: you pay for brokerage, pass-through exchange fees, and currency conversion, nothing else. No added spreads, no inactivity fees, and no hidden commissions on simple orders.
| Fee Category | 2026 Detail |
|---|---|
| French stock brokerage | €1.50 + 0.10% per order |
| US stock brokerage | Approx. €0.50 + $0.004 per share |
| ETF Core Selection | 1 free purchase per month, then approx. €1 |
| Options and warrants | Among the lowest on the market, depending on venue and contract |
| Currency conversion | Approx. 0.25% of the converted amount |
| Connectivity fee | Approx. €2.50 per year per account |
| Custody fee | Around 0.2% per year on certain securities, capped |
| Inactivity fee | None |
Real cost based on order size
For a French investor placing a €1,000 order on a French stock, DEGIRO brokerage costs about €2.50 (€1.50 + 0.10% of the amount). On a €10,000 order, expect about €12.50, and about €102.50 for €100,000. It is on small and medium-sized orders that the gap with traditional banks, often at a 0.5% minimum per trade, becomes striking: the annual cost for a monthly DCA portfolio is divided by three to five compared to a classic broker.
| Broker | €1,000 order (FR stock) | €10,000 order | €100,000 order | Inactivity fees |
|---|---|---|---|---|
| DEGIRO | ~€2.50 | ~€12.50 | ~€102.50 | None |
| Interactive Brokers | ~€3 (fixed) | ~€3 | ~€3 | None since 2021 |
| XTB | 0% under €100,000 volume | 0% | 0% | None |
| eToro | 0% commission | 0% | 0% | Per conditions |
Reading this table is instructive: DEGIRO is unbeatable on very small European orders, but for very large orders with fixed pricing, such as with Interactive Brokers (approx. €3 per trade), others become more competitive. Also check out our tests of XTB and eToro.
Detailed trading conditions
DEGIRO imp
it offers a zero minimum deposit, but account funding must be done via a bank transfer in the account holder's name. Available order types cover the usual options: market, limit, stop, stop limit, and trailing. Leverage is virtually non-existent by design: it is only available through listed products with integrated leverage (warrants, turbos) or via a margin account reserved for certain profiles. No CFDs, no spot forex, no spot crypto: this is a deliberate choice, detailed in our full review.- No minimum deposit, verified bank account mandatory
- Market, limit, stop, stop limit, and trailing orders
- Leverage only via listed products with integrated leverage or eligible margin account
- Securities held in custody, German deposit guarantee fund
Platforms and markets: simple, yet unique
DEGIRO relies on a unique tool: a web platform and a mobile app, with no MetaTrader or MetaTrader 4/5, no integrated TradingView, and no public API. The interface is clean, execution takes just a few clicks, but an intensive day trader will quickly encounter the limitations of a closed proprietary environment.
| Platform | Web | iOS | Android |
|---|---|---|---|
| DEGIRO web platform | Yes | No | No |
| DEGIRO app | No | Yes | Yes |
As for markets, this is its real strong point: more than 50 stock exchanges accessible in Europe, the United States, Asia, and Oceania, for tens of thousands of instruments in total (stocks, ETFs, bonds, options, futures, warrants, and turbos). No other low-cost European broker offers such coverage on listed products at this price level.
Deposits, withdrawals: the investor's payout
Unique method: bank transfer from a verified account. No cards, no e-wallets, no crypto. Deposits and withdrawals are free on DEGIRO's side, with no minimum amount, and processing times of 1 to 3 business days for standard transfers. It is more traditional than a CFD broker that pays out in a few hours via card or e-wallet, but it is consistent with the firm's long-term investor profile.
DEGIRO versus 4 competitors in 2026
| Broker | Regulation | Min. deposit | FR Stock brokerage | Leverage | Platforms |
|---|---|---|---|---|---|
| DEGIRO | BaFin, AMF (passporting) | 0 € | From 1.50 € | Virtually none (listed products) | Web and mobile only |
| Interactive Brokers | CBI, AMF (passporting) | 0 € | Approx. 3 € per trade | Margin per profile, CFD 1:30 | TWS, web, mobile |
| XTB | FCA, KNF, AMF (passporting) | 0 € | 0 % under 100 000 € volume | 1:30 via CFD | xStation, limited MT4 |
| IG | FCA, AMF (passporting) | Not disclosed | CFD commission from approx. 0.05 % | 1:30 | Web, MT4, ProRealTime |
For alternatives in CFD and active trading, check out our IG 2026 review and our XTB 2026 review.
Who is DEGIRO for? An active trader's perspective
DEGIRO is the best value for building and managing a long-term portfolio of stocks and ETFs in Europe in 2026. However, it is unsuitable for intensive day trading, scalping, and high-leverage trading. If your goal is to trade actively with leverage, two paths are available to you: a specialized CFD broker like Pepperstone, or a prop firm that provides you with capital larger than your deposit in exchange for a share of the profi profits. The question is worth asking properly: we cover it in detail in our article prop firm or personal capital, which to choose, and you can compare programs on our prop firm comparison table.
Pros and cons
- Pros: some of the lowest brokerage fees in Europe, German banking status, access to over 50 exchanges, no inactivity fees, reliable execution on regulated markets.
- Cons: no CFD or forex, no API or MetaTrader, limited customer service in French, connectivity and custody fees introduced since 2021.
FAQ
Is DEGIRO regulated in France?
Yes. flatexDEGIRO Bank SE is supervised by BaFin and operates in France under the freedom to provide services, with registration in the AMF register and the German deposit guarantee scheme.
Can you trade CFDs on DEGIRO?
No. DEGIRO does not offer any CFDs or spot forex. Leverage is only available via listed products with built-in leverage, such as turbos, or an eligible margin account.
How much does a DEGIRO order cost in 2026?
Expect €1.50 + 0.10% per order on French stocks, approximately $0.50 + $0.004 per US share, and one free ETF Core Selection purchase each month.
Verdict: In 2026, DEGIRO remains the benchmark for low-cost European stock market investing for the independent trader. Use it for what it does best: low-cost long-term management, and keep high-volume active trading for a specialized broker or a prop firm. Check out our complete DEGIRO profile and test the platform before confirming your choice. And if you are truly an active trader profile, discover our free 90-day learning plan.
