Degiro Review 2026: Low Fees, but Is It Enough?

By Makkleod · Last updated: March 18, 2026

This Degiro review Europe 2026 Europe covers everything you need to know before opening an account in 2026. Degiro made cheap investing possible on the continent. For years, it was the broker European investors recommended to each other in Reddit threads, personal finance blogs, and office conversations. Open an account in ten minutes, buy an ETF for almost nothing, done.

That was true in 2018. In 2026, the landscape looks different. Trade Republic and Scalable Capital charge €1 or less per trade and pay interest on your cash. IBKR gives you 150+ exchanges and the lowest FX rates in Europe. Degiro still works, and it still costs less than a traditional bank. But I went through the numbers carefully, and the verdict surprised me: for anyone opening a new account today, Degiro is no longer the obvious choice it once was. Rating: 7.5/10

Key Facts at a Glance

Who Is Degiro Best For?

European ETF investors on a budget. If you buy one or two ETFs per month through the Core Selection, your total trading cost is €1 per trade on Tradegate. The first trade each month in a given ETF is free. For a simple buy-and-hold strategy using UCITS ETFs, Degiro remains competitive.

Investors who want a clean, minimal platform. Degiro’s interface does one thing and does it without clutter. You log in, you place an order, you leave. If IBKR’s four platforms and dozens of settings feel like overkill, Degiro is the opposite end of that spectrum.

People who already have a Degiro account and are happy with it. Switching brokers involves transferring holdings, tax paperwork, and time. If your Degiro account is doing what you need, there is no urgent reason to move. The fee gap with newer competitors is real but not catastrophic for small portfolios.

Who Should Look Elsewhere?

Active traders. At €3–€4.90 per EU stock trade (depending on your country), 35 trades a year costs €105–€172 at Degiro versus €35 at Trade Republic. The gap widens with every trade.

Global investors who buy US stocks regularly. Degiro charges 0.25% on every currency conversion. On €10,000 converted to dollars, that is €25. IBKR charges 0.03% for the same conversion: €3. Over a year of monthly conversions, the difference adds up to hundreds of euros.

Anyone who values responsive customer support. Degiro’s support is email-only in most countries. Response times can stretch to days or weeks based on user reports. If you need a question answered before placing a trade, this matters.

Investors who want to earn interest on idle cash. Degiro pays nothing on uninvested cash. Trade Republic pays 2.75% from the first euro. On a €5,000 cash buffer, that is €137 per year you leave on the table at Degiro.

Fees & Pricing

Degiro charges two things on every trade: a commission and a €1 handling fee. The commission depends on which exchange you trade on and whether it counts as your home market.

Stock Trading Fees

Your “home exchange” is the main exchange of the country where you opened your account. Degiro waives the annual connectivity fee for your home exchange and charges a lower commission on it. Here is what you pay per trade:

For non-home European exchanges, add a €2.50 annual connectivity fee per exchange. This is capped at €2.50 per exchange per calendar year, so it only matters in your first trade of the year on that exchange.

ETF Fees

Degiro’s ETF Core Selection is its strongest feature. It includes over 1,000 ETFs on the Tradegate exchange. For these ETFs, you pay €0 commission + €1 handling = €1 per trade. The first trade per ETF per calendar month is free (no handling fee either) if you buy on Tradegate.

ETFs outside the Core Selection cost €2 commission + €1 handling = €3 per trade on most exchanges.

In October 2025, Degiro redesigned the Core Selection around Tradegate. The connectivity fee for Tradegate is waived, which makes this the cheapest way to buy ETFs on the platform.

Currency Conversion

Every time you buy a non-EUR asset (US stocks, UK stocks), Degiro converts your euros at a 0.25% markup. The platform does this automatically on every trade. You cannot convert currency manually or hold foreign cash balances the way you can at IBKR.

On a €5,000 US stock purchase, that is €12.50 in conversion fees, on top of the €2 trading fee. For context, IBKR charges €1.50 for the same conversion.

Total Annual Cost Examples

Using the three investor profiles from our best brokers comparison, here is what Degiro costs per year. We use €3 per EU trade (the NL/IE rate) as a representative mid-range figure:

Note: Clara’s Degiro cost uses Core Selection ETFs at €1 per trade. Marc’s and Sophie’s use the €3 mid-range for EU stocks. Sophie’s includes 0.25% FX conversion on €60,000 in annual currency conversions. For the full methodology, see our best online brokers comparison.

Degiro is competitive for Clara’s simple ETF strategy. For Marc and Sophie, it is the most expensive option of the three.

What is Free

No custody fee, no inactivity fee, no deposit or withdrawal fees, no account maintenance fee. Real-time quotes on your home exchange are free. The Core Selection ETFs have no connectivity fee on Tradegate.

Platform & User Experience

Degiro offers a web platform and a mobile app (iOS and Android). There is no desktop application.

You can find a stock, place an order, and check your portfolio without reading a manual. I tested the web platform and the navigation is fast: search, order, confirm, done. Compared to IBKR’s four platforms and dozens of configuration options, Degiro strips everything back to the essentials.

That simplicity has trade-offs. There are no price alerts. The charting tools are basic. Portfolio reporting shows your total profit and loss but does not break down performance by individual position in a useful way. Research tools are minimal: you get basic fundamentals but nothing like IBKR’s analyst reports, screeners, or news feeds.

Available order types: market, limit, stop loss, stop limit. Trailing stop orders work on German exchanges (Xetra and Frankfurt) only. If you trade on Euronext, you cannot set a trailing stop.

The mobile app mirrors the web experience. It supports 11 languages. App store reviews praise the basics, but investors who want alerts, advanced charts, or detailed position analytics run into the platform’s limits fast.

Available Markets & Products

Degiro gives you access to 50+ exchanges in about 30 countries. That is broader than Trade Republic (1 exchange) or Scalable Capital (2 exchanges), but far narrower than IBKR (150+ exchanges).

The product range is decent for a European retail broker. You can buy stocks and ETFs on most major exchanges, trade options and futures if you upgrade to an Active or Trader account, and access bonds. The October 2025 crypto launch added Bitcoin, Ethereum, and other cryptocurrencies.

Two notable gaps: no fractional shares (IBKR offers them, but Trade Republic and Scalable Capital do not either) and no forex trading. If you want to hold USD or GBP cash balances and convert at your own timing, IBKR is the only European-accessible broker that does this well.

Safety & Regulation

Degiro is a brand of flatexDEGIRO SE, a publicly traded company on the Frankfurt Stock Exchange (ticker: FTK). In 2025, the group reported €560 million in revenue and €160 million in net income. It is a real company with real financial statements anyone can read.

Regulators: BaFin (German Federal Financial Supervisory Authority) is the primary regulator. The AFM (Netherlands Authority for Financial Markets) and DNB (Dutch Central Bank) provide additional oversight because Degiro’s original entity is Dutch.

Cash protection: €100,000 per client under the German Deposit Guarantee Scheme. This covers uninvested cash.

Investor compensation: Up to €20,000 (90% of losses) under the Dutch Investor Compensation Scheme if Degiro fails to return your assets.

Asset segregation: Your stocks and ETFs are held in a separate legal entity (a Special Purpose Vehicle). You remain the beneficial owner. If Degiro goes bankrupt, your holdings are not part of the insolvency estate.

The BaFin History

In 2023, BaFin fined flatexDEGIRO €560,000 for fee disclosure failures under the German Securities Trading Act. BaFin also appointed a special representative to oversee the company’s remediation. That mandate ended in September 2024 after an independent audit confirmed the issues had been resolved.

Should this concern you? The fine was for disclosure practices, not for mishandling client money or securities. BaFin’s intervention shows the regulatory system working: a problem was identified, the regulator acted, the company fixed it, and oversight returned to normal. Many long-established European brokers have received BaFin fines. The question is how the company responded, and in this case, the response satisfied the regulator within about 18 months.

Degiro Review Europe: How It Compares

Here is Degiro side by side with the brokers European investors compare it to most often. This table uses the same format and data points as our IBKR review for consistency:

For a detailed head-to-head, see our IBKR vs Degiro comparison. For a broader overview, read our guide to the best online brokers for European investors.

How to Open a Degiro Account

[AFFILIATE:DEGIRO]

Step 1: Go to degiro.com and select your country of residence. Degiro operates separate entities per country (degiro.fr, degiro.de, degiro.nl, etc.). Your country determines your home exchange and fee schedule.

Step 2: Complete the registration form. Name, email, phone number, tax identification number. Degiro asks about your investment experience and financial situation to classify your account type (Basic, Active, or Trader).

Step 3: Verify your identity. Upload a government-issued ID (passport or national ID card). Most European residents can verify through an automated process. Approval takes minutes to a few hours.

Step 4: Fund your account. Bank transfer (SEPA) or iDEAL (Netherlands). Degiro provides a dedicated IBAN. Deposits are free. SEPA transfers arrive within 1 business day.

Step 5: Start trading. Search for the stock or ETF you want, choose your order type (limit orders are recommended over market orders for better price control), and confirm. For Core Selection ETFs, make sure you select Tradegate as the exchange to get the €1 fee.

Account Types

Degiro offers four account profiles: Basic, Active, Trader, and Day Trader. Basic accounts are for buy-and-hold investors (no margin, no short-selling). Active and Trader accounts unlock derivatives and margin trading. You can upgrade for free at any time through your account settings.

Methodology

This Degiro review is based on official fee schedules from degiro.ie, degiro.nl, degiro.de, and degiro.fr, verified in March 2026. Fee data was cross-referenced with BrokerChooser and EU Personal Finance. Regulatory information was confirmed with BaFin’s public register. Financial data for flatexDEGIRO SE comes from the company’s Q4 2025 earnings release. Competitor data was sourced from official broker websites. The author does not have a funded Degiro account; this review is based on fee schedules, regulatory filings, platform documentation, and conversations with Degiro users. Our broker ratings consider fees (30%), product range (20%), platform quality (20%), safety and regulation (15%), and customer service (15%). For our full approach, see our editorial policy.