DEGIRO Fees Explained:
What you actually pay
DEGIRO markets itself as one of Europe’s cheapest brokers — and for ETF investing it largely delivers. But the fee structure has more moving parts than the headline suggests: a €3 flat transaction fee, Tradegate-specific Core Selection pricing, a 0.25% FX conversion charge, and exit costs most investors never think about until they want to leave. This guide covers every cost so you know exactly what you’re paying.
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DEGIRO fee summary
All figures sourced from DEGIRO’s official pricing page. Always verify current rates before trading.
| Fee type | Amount | When it applies |
|---|---|---|
| Stock & ETF transaction fee | €3.00 flat | €2.00 commission + €1.00 handling fee per order |
| Core Selection ETFs (Tradegate) | €1.00 | Commission waived; €1.00 handling fee only — Tradegate listing required |
| Exchange connectivity fee | 0.25% (max €2.50) | Per exchange per calendar year; triggered by first trade or held position |
| FX conversion (AutoFX) | 0.25% | Per transaction in a non-base currency |
| FX conversion (Manual) | €10 + 0.25% | When manually converting between currency balances |
| Custody fee | €0.00 | Not charged |
| Inactivity fee | €0.00 | Not charged |
| Deposit fee | €0.00 | SEPA bank transfers are free |
| Withdrawal fee | Check current terms | One free withdrawal per month; additional withdrawals may vary |
| Position transfer out | ~€20 per line | When moving positions in-kind to another broker |
€3.00 flat: how the fee behaves at different order sizes
The core cost of every standard trade on DEGIRO — and why small orders carry a disproportionately high effective rate.
The standard transaction fee is €3.00 flat per order on most European exchanges including Xetra, Euronext Amsterdam, Euronext Paris, Borsa Italiana, and the Madrid Stock Exchange — composed of a €2.00 commission plus a €1.00 handling fee. For Core Selection ETFs traded via Tradegate, only the €1.00 handling fee applies.
| Order value | Standard fee | Effective rate | Core Selection (Tradegate) |
|---|---|---|---|
| €100 | €3.00 | 3.00% | €1.00 (1.00%) |
| €500 | €3.00 | 0.60% | €1.00 (0.20%) |
| €1,000 | €3.00 | 0.30% | €1.00 (0.10%) |
| €5,000 | €3.00 | 0.06% | €1.00 (0.02%) |
| €10,000 | €3.00 | 0.03% | €1.00 (0.01%) |
0.25% per exchange per year — easy to overlook, easy to manage
- Charged at 0.25% of your position value on that exchange.
- Capped at €2.50 — so portfolios over ~€1,000 on an exchange pay exactly €2.50.
- Triggered on your first trade each calendar year, or if you hold positions on a non-home exchange.
- Resets every January.
- Xetra + Euronext Amsterdam only = €5.00/year max.
- Trading across 5 exchanges = €12.50/year.
- For a focused UCITS ETF plan: largely negligible.
- Your home market exchange is free — varies by DEGIRO country entity.
0.25% FX fee: the cost that compounds over time
The most significant ongoing cost for investors buying non-EUR assets — and the easiest to avoid entirely for EUR-account holders buying UCITS ETFs on European exchanges.
DEGIRO charges 0.25% of the transaction value whenever you buy or sell a product denominated in a currency different from your account’s base currency. For most European investors with a EUR account, this applies to:
- ETFs listed in USD or GBP on the LSE or other foreign exchanges
- US stocks on NYSE or NASDAQ
- Any product on a non-EUR exchange
The fee applies on both legs of a round trip — 0.25% to buy, 0.25% to sell. Effective round-trip FX cost: 0.50% on top of all other fees.
Buy UCITS ETFs on a EUR-denominated exchange — Xetra, Euronext Amsterdam, Euronext Paris. Major trackers like IWDA, VWCE, and CSPX trade in EUR on Xetra. Buying there incurs zero FX conversion cost, full stop.
US individual stocks have no EUR-denominated equivalent. At scale, IBKR’s near-interbank FX rates (~0.002%) are dramatically cheaper for USD-heavy portfolios — 0.25% vs 0.002% is not a rounding error.
DEGIRO offers two currency conversion modes:
- AutoFX (default): currency conversion happens automatically when a foreign-currency trade executes. Simple — no manual steps — but the 0.25% fee applies at each transaction, including on proceeds when you sell.
- Manual FX: lets you hold separate foreign-currency cash balances (e.g. a USD balance). Useful if you regularly buy and sell USD assets, since you avoid converting back and forth on every trade. Downside: manually initiating an FX conversion costs €10 + 0.25%, which is only worth it for larger conversion events. Adds complexity to cash management.
For EUR-account investors buying UCITS ETFs on Xetra, neither mode is triggered — no FX event occurs at all.
Core Selection: cheap, but exchange-specific
Core Selection pricing only applies when you select the Tradegate listing. Understanding that distinction matters more than knowing whether an ETF is “in” the list.
DEGIRO’s Core Selection covers 1,000+ ETFs from iShares, Vanguard, Xtrackers, Amundi, and others. For eligible ETFs, the €2.00 transaction commission is waived — but the €1.00 handling fee still applies. And critically: you must select the Tradegate listing, not the Xetra or Euronext Amsterdam listing of the same ETF.
The same ETF often trades on multiple exchanges simultaneously. If you buy the Xetra listing of IWDA, you pay €3.00. If you buy the Tradegate listing of IWDA (same fund, different venue), you pay €1.00.
The Core Selection covers all major category needs:
- Global equity: MSCI World, FTSE All-World trackers
- US equity: S&P 500, Nasdaq-100 trackers
- European equity: STOXX 600, Euro Stoxx 50 trackers
- Emerging markets and investment-grade bond ETFs
- The ETF is on the current Core Selection list.
- You select the Tradegate listing when placing your order.
- You hold a Basic account (not Custody).
- You select a Xetra or Euronext listing instead of Tradegate.
- The ETF is not on the Core Selection list.
- You hold a Custody account.
- DEGIRO has updated the Core Selection and your ETF was removed.
What doesn’t appear on DEGIRO’s fee schedule
These costs are real but invisible — they never show up as a line item on your statement.
Every ETF trade has an implicit cost not in DEGIRO’s schedule: the spread between the buy (ask) and sell (bid) price. For major ETFs on Xetra — IWDA, VWCE — this is typically 0.01–0.05%: negligible. For smaller ETFs, less-liquid times of day, or Tradegate-listed positions, it can be meaningfully wider. Always check the order book before placing a trade, and use limit orders.
DEGIRO’s securities-lending setup depends on your country, account configuration, and current product settings — not a simple Basic vs Custody binary. Before assuming your holdings cannot be lent, check whether securities lending is enabled under your account’s product settings. If your securities are lent, there may be operational, tax, voting-right, and counterparty-risk implications. DEGIRO keeps the lending revenue; you do not receive it. Review current terms on your specific DEGIRO country entity’s help pages.
The Total Expense Ratio (TER) of the ETF itself is not a DEGIRO fee — it is deducted directly from the fund’s NAV. iShares Core MSCI World (IWDA) has a TER of 0.20%; Vanguard FTSE All-World (VWCE) 0.22%. Small differences compound significantly over decades. See our UCITS vs US ETF total drag study for a full breakdown.
Dividends may be subject to withholding tax at source before they reach the fund — depending on the ETF’s domicile and the underlying market. Not a DEGIRO fee, but it reduces your effective return. Our accumulating vs distributing tax drag study quantifies this for common UCITS ETFs.
Most ETF investors will never trigger these. But they exist and are worth knowing:
- Stock dividends (scrip): if a company offers a dividend in shares rather than cash and you elect to take the scrip option, DEGIRO typically charges a fee (approximately €7.50 per dividend). Cash dividends are processed free. For standard UCITS ETF investors — accumulating or distributing — this rarely applies.
- Shareholder meetings and voting: attending or voting at a shareholder meeting via DEGIRO is a paid service. Costs vary by market — local European meetings are lower; international markets are substantially higher. Standard passive ETF investors never encounter this.
- Tax documents and vouchers: some jurisdictions allow investors to request specific tax vouchers or certificates from their broker. DEGIRO may charge a fee for these — check your country entity’s terms.
Several European countries apply a financial transaction tax (FTT) or stamp duty on certain instruments. DEGIRO passes these through — they appear on your statement — but they are state taxes, not broker commissions:
- Belgium, France, Italy, Spain, and Greece apply FTTs on certain stock transactions.
- UK and Irish securities carry stamp duty (0.5% for UK; 1.0% for Ireland).
- UCITS ETFs traded on major exchanges are typically exempt from these taxes, but individual stocks may not be.
The cost difference between “broker fee” and “state tax” matters for how you plan your strategy, not for how much you actually pay. Both come out of your pocket.
Cheap to enter. Not always cheap to leave.
DEGIRO’s entry costs are low. The cost of transferring your portfolio elsewhere is a separate — and often ignored — part of the fee picture.
Transferring your positions in-kind to another broker typically costs approximately €20.00 per position line, plus any fees charged by the receiving broker. This is not a DEGIRO-specific penalty — most brokers charge for outgoing in-kind transfers — but it is important context for comparing platforms long-term.
- A portfolio with 10 positions costs approximately €200 to move in-kind.
- Cash transfers are free — sell positions, withdraw cash, and open elsewhere.
- Selling to transfer may trigger capital gains taxes depending on your country.
- Tradegate-held ETF positions may face additional complexity — some receiving brokers cannot accept them.
How DEGIRO’s fees compare to alternatives
| Broker | ETF transaction fee | FX conversion | Custody fee |
|---|---|---|---|
| DEGIRO | €3.00 flat (Core Selection on Tradegate: €1.00) | 0.25% | €0 |
| Trading 212 | €0 (commission-free) | 0.15% | €0 |
| Interactive Brokers | ~€1.25 minimum flat | ~0.002% (IdealPro) | €0 |
| Trade Republic | €1 flat (savings plans: €0) | Embedded in spread | €0 |
| Scalable Capital | €0 (PRIME+, ≥€250) / €0.99 (Free Broker) | Not published | €0 / €4.99/mo (PRIME+) |
For EUR-account holders using Core Selection listings on Tradegate: effective cost is €1.00/trade + €2.50/exchange/year. Where DEGIRO lags: FX conversion at 0.25% is higher than Trading 212 (0.15%) and far behind IBKR for multi-currency investors.
When DEGIRO’s fee structure works — and when it doesn’t
The right broker depends on what you’re actually doing. DEGIRO’s cost attractiveness changes significantly by use case.
| Investor type | DEGIRO fee fit |
|---|---|
| EUR investor buying Core Selection UCITS ETFs on Tradegate monthly | Strong fit — €1/trade, no FX, low connectivity |
| EUR investor buying 1–2 broad ETFs on Xetra (IWDA, VWCE) | Good fit — €3/trade, no FX; connectivity is negligible |
| Investor buying many small orders (under €200) frequently | Weak fit — €1–3 flat fee is a high effective rate at small sizes |
| Investor buying USD-priced stocks regularly | Weak fit — 0.25% FX compounds against you |
| Investor likely to switch brokers in the next 5 years | Consider exit costs — Tradegate positions may complicate transfer |
| Investor who needs multi-currency account or deep product access | Wrong fit — IBKR or Lightyear suit this better |
Ready to open a DEGIRO account?
For European investors focused on UCITS ETFs, DEGIRO remains a cost-efficient choice — particularly if you use Core Selection listings on Tradegate and keep your portfolio simple. Always verify current fee terms on DEGIRO’s official site before opening.
Go deeper
Frequently asked questions
What is the DEGIRO transaction fee in 2026?
DEGIRO charges a flat €3.00 per order on most European stocks and ETFs — composed of a €2.00 transaction commission plus a €1.00 handling fee. For Core Selection ETFs traded on Tradegate, the €2.00 commission is waived and you pay only the €1.00 handling fee. There is no percentage-based component to the core transaction charge.
What is the DEGIRO exchange connectivity fee?
DEGIRO charges a connectivity fee of 0.25% of your position value on each non-home exchange per calendar year, capped at €2.50. It is not a flat €2.50 for all accounts — portfolios under approximately €1,000 on a given exchange may pay less. The fee is triggered on your first trade each year or when you hold a position on that exchange. Two exchanges (e.g. Xetra + Euronext Amsterdam) costs at most €5.00 per year.
How much does DEGIRO charge for currency conversion?
DEGIRO charges a 0.25% FX conversion fee whenever you buy or sell a product denominated in a currency different from your account’s base currency. The fee applies on both the buy and sell legs — an effective 0.50% round-trip cost. Manual FX conversion incurs €10 + 0.25%. You can avoid this entirely by buying UCITS ETFs on a EUR-denominated exchange such as Xetra or Euronext Amsterdam.
Are Core Selection ETFs free on DEGIRO?
Not fully free. For Core Selection ETFs traded via the Tradegate exchange, DEGIRO waives the €2.00 transaction commission — but the €1.00 handling fee still applies per trade. If you buy the same ETF on Xetra or Euronext Amsterdam instead of Tradegate, the full €3.00 fee applies even for Core Selection ETFs. Always confirm you have selected the Tradegate listing when placing your order to get the reduced rate.
Does DEGIRO charge inactivity or custody fees?
No. DEGIRO does not charge inactivity fees or ongoing custody fees on standard accounts. You pay only when you trade, plus the annual connectivity fee if you hold or trade on non-home exchanges.
What does it cost to transfer my portfolio out of DEGIRO?
Transferring positions in-kind to another broker typically costs approximately €20.00 per position line, plus any fees charged by the receiving broker. A portfolio with ten holdings can cost €200 or more to move. Cash transfers are free — you can sell positions, withdraw cash, and open elsewhere without the per-line fee, though this may trigger capital gains events depending on your country. Positions held via Tradegate may face additional complexity with in-kind transfers, as some receiving brokers cannot accept them.
What is AutoFX on DEGIRO and should I use it?
AutoFX is DEGIRO’s default mode where currency conversion happens automatically at the point of trade — the 0.25% fee applies each time a foreign-currency transaction executes, including on sale proceeds. Manual FX lets you maintain separate foreign-currency balances, which can reduce repeated back-and-forth conversions if you regularly trade USD assets. However, activating a manual FX conversion costs €10 + 0.25%, which makes it worthwhile only for larger single conversion amounts. For EUR-account investors buying UCITS ETFs on Xetra, neither mode is triggered — no FX event occurs at all.
QuantRoutine provides educational content only. Nothing on this page is an offer, solicitation, or recommendation to buy or sell any security or to open an account with any specific broker. Investments can lose value, and past performance does not guarantee future results. You are responsible for your own investment, tax, and legal decisions. Always review each broker’s current terms, fees, and eligibility on their official website before opening or funding an account.