Transferability: Core Selection trades route through Tradegate Exchange, and not every broker accepts incoming Tradegate positions — check before you build a position you may want to move. Also: 0.25% FX on assets priced outside your account currency, no credit interest rate published on uninvested cash, and €20 per position plus external costs to transfer out on the Dutch, French, Irish, UK and Swiss schedules — the German schedule prices outgoing transfers free.

Multi-currency accounts, lower FX conversion costs, interest on euro cash above EUR 10,000, broader market access, and no exchange-based transfer restrictions. IBKR’s zero-interest threshold is set separately for each currency rather than converted, so it is GBP 8,000 on sterling and CHF 100,000 on Swiss francs (verified August 2026, subject to change). If your portfolio is growing past €50–100k and FX drag matters to you, model the difference before committing.

The only account type available when you open a DEGIRO account today. Gives access to stocks, UCITS ETFs and bonds on more than 45 markets across 30 countries, with derivatives requiring an upgraded profile as described alongside. No platform or inactivity fee, though transaction fees and currency, connectivity, external product and spread costs may apply. Securities lending, where offered, is opt-in and off by default — see below.

Unlocks options and leveraged products. Before you can access some product and account types, you may need to take an Appropriateness Test to confirm you have sufficient knowledge and experience. Not relevant for a standard long-term ETF investor — stick with the Basic profile unless you specifically need derivatives access.

Margin and short-selling access. As with the Active profile, you may need to pass an Appropriateness Test confirming sufficient knowledge and experience before DEGIRO grants access. Not relevant for buy-and-hold ETF investors.

FX: the quiet cost that compounds

DEGIRO charges 0.25% on currency conversions via AutoFX, applied automatically whenever you buy an asset priced outside your account currency. On a €500/month DCA plan buying USD-denominated assets, that’s roughly €15/year in FX alone before spreads.

For most platform-initiated trades the conversion rate is set at the moment of execution. For corporate actions, coupon payments, nominal payments, and orders placed by email or phone, the rate is instead set at the moment of conversion — usually the morning of the next business day — so you carry counterparty risk on DEGIRO for that interval.

The same fund can be listed in different currencies on different exchanges; buying a listing in your own account currency avoids the AutoFX conversion fee on that purchase, though the fund’s underlying holdings can still carry currency exposure. Check the listing currency on the exchange you intend to use before buying.

An alternative is Manual FX: hold a foreign-currency cash account and convert when you choose, instead of by default. This is not DEGIRO’s default setting, and withdrawals from a Manual FX account are only possible to the counter-account in the local currency of your Personal Page. Manual conversion costs €10 plus 0.25% per conversion — the €10 flat component is what makes it rarely cost-effective for small amounts, since it dominates the total cost until the conversion size is large.

Credit interest on cash is not published

DEGIRO’s Fee Schedules publish debit (margin) interest but do not state a credit interest rate on uninvested cash balances. Competitors handle this differently: Interactive Brokers pays no interest on the first EUR 10,000 of euro cash and pays above that. The zero-interest threshold is set separately for each currency rather than converted — GBP 8,000 on sterling, USD 10,000 on dollars, CHF 100,000 on Swiss francs — and clients with a net account value below USD 100,000 receive a reduced rate. Verified August 2026 against IBKR’s published rates and subject to change. Trade Republic instead runs an eligibility-based interest program with a rate shown only in the app rather than a fixed published figure — it is not a country-specific rate. Check DEGIRO’s current terms directly if cash interest matters to you.

For investors who deploy capital immediately on each transfer, this is minor. For those who hold meaningful cash positions at the broker level, it is worth confirming before you commit.

Transferability: check before you commit

Not every European broker accepts incoming transfers of positions held on Tradegate. If you decide to switch brokers in 3 or 5 years, an in-kind transfer of Tradegate-held positions may not be possible at your chosen destination.

Acceptance varies by broker and changes over time, so check directly with your intended destination broker before assuming an in-kind transfer is possible. Where it is not, you would need to sell on DEGIRO, transfer cash, and repurchase — incurring transaction costs, time out of the market, and potentially a taxable event depending on your country.

UCITS ETFs domiciled in Ireland or Luxembourg cover virtually every major index — S&P 500, MSCI World, FTSE All-World, EM, bonds. The product range is not a limitation for most long-term investors.

DEGIRO lists UCITS ETFs on Tradegate, Euronext Amsterdam, Xetra, London Stock Exchange, and more. Most major funds have listings across several exchanges — which means you can choose the exchange that suits your cost strategy.

PRIIPs/KID regulation blocks most EU retail investors from buying US-listed ETFs. DEGIRO enforces this restriction. This is not a DEGIRO-specific limitation — it applies across all regulated EU brokers.

Clean, functional, not overloaded with noise. Search for your ETF, pick the exchange, set a limit order, confirm. That’s the entire workflow for most long-term investors. No features trying to make you trade more.

Covers order placement, portfolio monitoring and account documents. It is built around placing and reviewing orders rather than around notifications or discovery features, so if you buy quarterly you will spend little time in it. Try it before committing if app design is a priority for you.

DEGIRO offers support by email, by phone, and through a help centre. There is no live chat and no dedicated account manager on the standard account, so complex queries go through the ticket and phone route. Worth knowing before you need it.

Consider IBKR instead if…

• You want multi-currency accounts and lower FX conversion costs on EUR to USD.
• You want a broker that publishes a credit interest rate on cash — IBKR pays on euro cash above EUR 10,000, with a separate threshold set for each currency, verified August 2026.
• You value full portfolio portability — IBKR imposes no exchange-based transfer restrictions.
• Your portfolio is growing past €50–100k and FX drag is starting to matter at scale.
• You need fractional shares or a richer reporting and tax-statement setup.
• You want one broker you genuinely won’t outgrow in the next decade.

Tax reporting

DEGIRO provides annual account statements and transaction history you can use for tax filing. In some countries — Germany, Netherlands — it may produce documents directly relevant to your return. But it does not “solve taxes” for you, and you should check its statements against your own records before filing.

You are responsible for understanding your country’s rules on capital gains, dividends, wealth tax (Box 3 in NL, Vorabpauschale in DE), and for using DEGIRO’s statements correctly. Guide: Taxes basics for investors · UCITS ETF tax by country.

Entity structure and investor protection

DEGIRO is the trading name of flatexDEGIRO Bank Dutch Branch, the Dutch branch of flatexDEGIRO Bank SE. flatexDEGIRO Bank SE is primarily supervised by the German financial regulator (BaFin). In the Netherlands, flatexDEGIRO Bank Dutch Branch is registered with DNB and supervised by AFM and DNB. The entity changed its legal form from AG to SE (Societas Europaea) on 30 December 2025.

German deposit guarantee and investor compensation schemes apply to flatexDEGIRO Bank SE. These schemes cover broker failure only — check the current limits in DEGIRO’s own investor compensation documentation, since figures are not published in DEGIRO’s Fee Schedules and can change.

These schemes do not cover a fall in the value of your investments. Investing involves risk of loss. Verify current terms directly with DEGIRO. More: Investor protection in Europe.