Our 2020 DEGIRO Review

Our 2020 DEGIRO Review

In A Nutshell 

Disclaimer: Since March 25, 2020, DEGIRO has a temporary waiting list for new customer registrations, until further notice. This limitation is in place because of the many new listings in the middle of continuous heavy market volatility. Also, due to this problem, account creation might take longer than expected. We will keep updating this review with more details on the topic. 

DEGIRO Review and Insights 

DEGIRO is an online discount broker from the Netherlands. It is privately owned and appeared on the market back in 2008, based on an idea of former employees from another brokerage firm. 

DEGIRO has several top-tier regulators such as the Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM). Also, it is registered with the Chamber of Commerce and Industry in Amsterdam.  

We rank DEGIRO as the Best Broker For Stock Trading and Best Discount Broker for 2020. This ranking is a result of our thorough analysis of 57 online brokers and testing their live accounts. 

DEGIRO Good & Bad 

DEGIRO provides some of the lowest fees on the market in all asset classes. It has regulations from several top-tier providers. Also, mobile and web trading platforms are user-friendly and easy-to-use. 

The three significant disadvantages at the moment are that DEGIRO:  

Has a waiting list for new customers; Debit or credit card deposits