TranslateDEGIRO at a glance: the low-cost broker turned bank
DEGIRO was founded in 2008 in Amsterdam with a simple idea: smash stock brokerage prices for European retail investors. Fully acquired by the German flatex group in 2020-2021, it now operates as a bank (flatexDEGIRO Bank SE), supervised by the German BaFin. One thing to note right from the start: DEGIRO is not a CFD broker. It is an execution-only broker for exchange-traded products (stocks, ETFs, bonds, options, futures, turbos), with no on-demand CFDs or forex. This review covers its actual 2026 conditions and explains which types of traders DEGIRO suits, especially compared with CFD brokers and prop firms.
Company profile
| Item | Detail |
|---|---|
| Year founded | 2008 |
| City of origin | Amsterdam, Netherlands |
| Founders | Not disclosed |
| Current headquarters | Frankfurt am Main, Germany (flatexDEGIRO Bank SE) |
| Regulators | BaFin (Germany), cross-border services passport in France (AMF register) |
| Ownership | flatexDEGIRO AG group (listed in Frankfurt) |
| Clients | Several million across Europe (group data, not broken down) |
Products and pricing table
| Product | Indicative commission | Additional fees | Minimum deposit |
|---|---|---|---|
| French stocks | €1.50 + 0.10% per order (depending on fee schedule) | Exchange fees passed on | €0 |
| US stocks | Around €0.50 + $0.004 per share | USD/EUR conversion charged | €0 |
| ETFs (Core Selection) | 1 free purchase per month, then around €1 | Same as stocks | €0 |
| Options and warrants | Among the lowest on the market | Depends on exchange and contract | €0 |
| CFDs / forex | Not offered | Not applicable | Not applicable |
DEGIRO has no minimum deposit, but you need a verified bank account in your own name to fund the account.
Regulation: the solid backing of a German bank
Since the integration into flatexDEGIRO Bank SE, client assets are held by a licensed bank supervised by BaFin, registered in France under the cross-border services passport. Cash is covered by the German deposit guarantee fund, and securities are held in safekeeping (asset segregation). This is a major change from DEGIRO's original structure: regulatory security is now bank-grade, comparable to what you find at classic French brokers, while remaining an execution-only broker.
Fees in detail: the low-cost model under the magnifying glass
| Fee item | 2026 detail |
|---|---|
| Connectivity fee | Around €2.50 per year per account |
| Custody fee | Around 0.2% per year on some securities, capped (recent fee schedule) |
| Stock commission (France) | €1.50 + 0.10% per order |
| Stock commission (US) | Around €0.50 + $0.004 per share |
| Currency conversion | Around 0.25% of the converted amount |
| Inactivity fee | None |
| Deposits and withdrawals | Free by bank transfer |
The positioning remains unbeatable on simple orders in Europe: that has been DEGIRO's core pitch since launch. In return, there is no market making and no added spreads: you pay the commission, the passed-on exchange fees and the currency conversion, nothing else.
DEGIRO versus competitors
| Broker | Regulation | Min. deposit | FR stock commission | Leverage | Platforms |
|---|---|---|---|---|---|
| DEGIRO | BaFin, AMF (passporting) | €0 | From €1.50 | Almost none (exchange-traded products) | Web and mobile only |
| eToro | CySEC, AMF (passporting) | $50 to $100 | 0% commission | 1:30 via CFDs | Web, mobile, social trading |
| Interactive Brokers | CBI (Ireland), AMF (passporting) | €0 | Around €3 per line | Margin depending on profile | TWS, web, mobile |
| XTB | FCA, KNF, AMF (passporting) | €0 | 0% below €100,000 in volume | 1:30 via CFDs | xStation, MT4 (limited) |
Find our detailed reviews of eToro (https://fundedtrader.fr/blog/fiche-broker-etoro), XTB (https://fundedtrader.fr/blog/fiche-broker-xtb) and Interactive Brokers (https://fundedtrader.fr/blog/fiche-broker-interactive-brokers).
Platforms: simple, clean, but proprietary only
| Platform | Windows | Web | iOS | Android |
|---|---|---|---|---|
| DEGIRO web platform | No | Yes | No | No |
| DEGIRO app | No | No | Yes | Yes |
No MetaTrader (https://fundedtrader.fr/blog/plateforme-metatrader), no TradingView (https://fundedtrader.fr/blog/plateforme-tradingview), no public API: DEGIRO embraces a single, efficient tool, geared more toward investors than intensive traders. Orders are placed in a few clicks, stop, limit and trailing orders are available, and the interface stays readable. Heavy users of advanced platforms will go back to MetaTrader 4 or 5 or cTrader at a dedicated CFD broker.
Available markets: the real strong point
| Asset class | Coverage |
|---|---|
| Stocks | More than 50 exchanges (Europe, USA, Asia, Australia...) |
| ETFs | Large global catalogue including the reduced-commission Core Selection |
| Bonds and money market instruments | Depending on the exchanges |
| Options and futures | US and European exchanges |
| Warrants and turbos | Depending on the exchanges (Euronext in particular) |
| Total instruments | Tens of thousands (exact total not disclosed) |
No CFDs: no spot forex, no synthetic indices, no spot crypto. Leverage only exists through exchange-traded products with built-in leverage (warrants, turbos) or through the margin account reserved for certain profiles. That is DEGIRO's deliberate choice: pure execution, with no off-exchange market exposure.
Deposits and withdrawals
Single method: bank transfer from a verified account in your own name (no card, no e-wallet, no crypto). Minimum amount: none. Fees: none on DEGIRO's side, only your bank's fees may apply. Processing time: 1 to 3 business days for standard transfers. Withdrawals follow the same route, always free.
Pros and cons
Pros: among the lowest commissions in Europe, German banking status, more than 50 exchanges available, zero hidden fees, no inactivity fee charged.
Cons: no CFDs or forex, no API or MetaTrader, limited French-speaking customer service, fees that have increased slightly since 2021 (connectivity, custody).
Who is DEGIRO for? The showdown with prop firms
DEGIRO is ideal for building and managing a long-term portfolio of stocks and ETFs at low cost, with serious execution on regulated markets. It is unsuited to intensive day trading, scalping or high-leverage trading. Active traders who want leverage should turn to a CFD broker (see our CFD broker reviews like Pepperstone: https://fundedtrader.fr/blog/fiche-broker-pepperstone) or to a prop firm: the latter gives you access to capital larger than your own stake, in exchange for accepting strict management rules and a share of the profits. Compare programs on our prop firm comparison tool (https://fundedtrader.fr/comparateur-prop-firms), and start with our free 90-day learning plan if you are a beginner (https://fundedtrader.fr/blog/apprendre-le-trading-gratuitement-plan-90-jours).
In short: DEGIRO offers the best value for investing in stocks and ETFs in Europe in 2026, not for trading CFDs. For high-volume, leveraged trading, the winning route is not DEGIRO but a specialised broker plus a prop firm. Make an informed choice on Fundedtrader.fr and use each tool for what it does best.
