Degiro Avis: what is the cheapest stockbroker really worth?

unfold summary fold up summary

• Degiro Bourse, a meteoric rise
• Degiro, a commendable record of achievement
• Receive a $20 brokerage fee and start investing
• Degiro Avis, a modern and attractive platform
• Degiro Features, powerful trading tools
• Degiro Simplicity Notice, a quick and easy registration
• Degiro, Stock exchange, various profiles
• Degiro Bourse, a very complete brokerage offer for individuals
• How does Degiro Bourse work?
• Degiro Bourse, incredible rates!
• Degiro Bourse, a quality customer service
• Degiro Bourse, a leader in online brokerage
• Degiro Bourse, a high-end cost killer
• Degiro Bourse, a very competitive broker
• Degiro Bourse, interesting prospects
• Degiro Bourse, our opinion on the cheapest broker
• Why should I start trading?

Reputable research firms and financial institutes have given dozens of prestigious awards to this trading platform.

What justifies this avalanche of international awards? Does this broker offer quality services? How are the transactions on this site conducted?

Degiro Bourse, a meteoric rise

The creation of this brokerage company dates back to 2008 in the Netherlands. 5 former Binck employees combined their efforts to develop this trading platform. At first, the site reserved its services exclusively for professional investors. In 2013, the Dutch broker successfully expanded its services to individuals. The developers took the opportunity to export their experiences to several European countries such as Belgium and France. In just a few years, Degiro has managed to establish itself as an unavoidable leader in the trading world. It provides access to more than 50 stock exchanges around the world. This company now belongs to the listed group flatexDEGIRO.

Currently, Degiro operates in nearly twenty states with more than 630,000 accounts. This broker offers quality services and the cheapest rates in the market. It has succeeded in meeting this challenge thanks to an increased dematerialization of its offers and its spectacular growth with consequent economies of scale. This has allowed developers to make a significant reduction in margins. According to public statistics, DIGERO France completed about 5 million transactions in 2020. In the same year, the Dutch broker has almost doubled its customer base in France.

To read Alti Trading avis: Une plateforme prometteuse pour apprendre le trading en ligne ?

Degiro, a commendable record of achievement

This trading platform guarantees quality services despite its revolutionary rates. Renowned research firms and financial institutes have given prestigious awards to this broker in the different countries where they operate. Degiro bourse has already received more than 60 international awards since its inception.

• In 2017, the German financial services quality certification institute NTV recognized this broker as the "Most popular broker transparent".
• In France, the consecration of this broker took place in 2018. Investment Trends awarded him 4 trophies in the categoriesService Customer", "Customer Satisfaction", "Mobile platform" and "Quality-price ratio".
• The Netherlands has also attributed to this online trading the "best broker 2018" award.
• In Great Britain, the Financial Times and Investors Chronicle newspapers have awarded this platform the distinctions of "Best low cost broker" and "Best mobile application".

Receive a $20 brokerage fee and start investing

Degiro Avis, a modern and attractive platform

The site impresses with its beautiful design. The information and features are clearly displayed thanks to its clean architecture. This makes it easy to learn the trading tools and optimizes the user experience. On Degiro, the quotes on Euronext are done in real time. This applies to countries like France, Belgium, the Netherlands, Portugal, etc. Trading on other stock exchanges is done with a deactivated delay of about fifteen minutes.

In addition, the broker has developed a Degiro mobile application to simplify the task for users. Compatible with Android and iOS, this software allows investors to make their transactions from a smartphone. They can buy and sell shares in real time. The Degiro webapp provides access to a streamlined, ergonomic and fast platform. Its great flexibility and efficiency convinced the British newspapers Financial Times and Investor Chronicle to award it the "best mobile application for trading in the UK". However, the application is not a complete substitute for the internet platform. The website offers much more refined tools for in-depth market research and best technical analysis offers.

Degiro Features, powerful trading tools

The broker proposes various functionalities for an easy management of the investments.

To read Bitcoin: How did the price explode to over $69,000, and why did it crash shortly afterwards? Read all about it here!

• Degiro has an interface (Web Trader) easy to use, fast and user-friendly. The mobile version allows customers to perform operations from their smartphone.
• This broker has also provided an information bar (Quick Bar) to consult ads, transactions, etc.
• The button "Quick Order"It is also very practical to place an order without wasting time.

Similarly, the trading platform offers detailed product pages. Customers can find out the latest stock market news and key figures such as pricing data, ratios, etc. This allows them to thoroughly analyze the available offers. Traders can access other useful information in the "dividend" and "income" sections.

Degiro Simplicity Notice, a quick and easy registration

The process is not complex and does not require any computer skills. The broker has set up a completely dematerialized account opening procedure. Note that you have the possibility to make sponsor to receive $20 in free brokerage fees. Your mentor could help you master the world of trading faster. There are two steps to registration.

• Enrollment is based on a derived bank identification system. In concrete terms, the site's algorithm validates the user's information by directly querying his financial institution based on his electrical signature. The latter must make an initial minimum transfer of 0.01 € to confirm the information transmitted.
• In the second step, Degiro activates the ordinary securities account by crediting it with the amount deposited. The client can then start placing orders. The Dutch company allows a transfer of the securities held in the portfolio of another broker. The process takes 4-5 weeks.

Degiro, Stock exchange, various profiles

Degiro has planned several operating levers with various interesting features to optimize investments.

• Basic The default setting for each account is to buy and sell only financial products.
• Active It allows trading in derivatives. Users can therefore benefit from the leverage effect within a certain limit. They also have the possibility to take advantage of short selling.
• Trader This operating lever offers a much more optimized margin system.
• Day Trader It is much more comprehensive. Customers can trade intensively during certain time slots.
• Custody As soon as this profile is activated, your securities are kept in a separate account with Degiro's custodians. This means that the broker can't lend them to other clients of the platform. This trading leverage also does not allow you to take advantage of the short selling, derivatives and margin system.

The choice of profile must absolutely be made according to the level of brokerage. Users must study the derivatives to minimize the risks they take. The DEGIRO platform allows users to switch from one investor profile to another with a few clicks. The site does not charge any additional fees. Cautious users often opt for the Custody profile.

To read What is your opinion on Yomi Denzel's Mindeo platform?

Degiro Bourse, a very complete brokerage offer for individuals

Registrants automatically have access to thousands of regulated instruments on 50 stock exchanges in Europe, North America, Asia and Oceania. Investors can buy stocks and bonds. The site also sells Trackers, Options and Futures. It also provides customers with leveraged products such as warrants, turbos, certificates, etc. It provides access to offers from investment funds and undertakings for collective investment in transferable securities. Finally, DEGIRO offers an equivalent to the deferred settlement service (DTH) or the order settlement with deferral (MMR).

L'Investor Academy Degiro has provided enough educational resources to help novice traders learn. A dozen lessons cover topics related to financial products, order types, asset price determinants, etc. Available in several languages, these tutorials and videos reveal the fundamentals of investing and the strategies to adopt in order to maximize profits. However, the platform does not allow to open a demo account. Degiro does not yet allow the registration of legal entities. The promoters are working hard to set up a stock savings plan (PEA). The administrative steps will certainly be completed very soon.

How does Degiro Bourse work?

DEGIRO is one of the most credible brokerage companies on the market. Its offers are aimed at both professionals and individuals. This platform makes it easy to place orders and carry out transactions with complete peace of mind thanks to modern trading tools and features. The order execution procedure remains quite simple. This makes trading easy.

• In the first step, the investor begins by selecting the stock they wish to trade. This can be done by using the company name or the ISIN code of the share. He enters this information in the search bar of the site. He can get an Airbus share, a Schneider share, a Nexity share, etc. Generally, several choices appear. They correspond to the offers of the different stock exchanges like NASDAQ, Xetra, Frankfurt, etc. Customers have the opportunity to study the details of each proposal.
• The rest of the procedure continues on the title card. The investor specifies the direction of the transaction, the type of order and its validity, the purchase price, quantity, value, etc. As soon as the transaction is confirmed, the order appears in the trader's address book. It remains there until it is executed. The newly acquired shares are added to the portfolio while the sold shares disappear from the ordinary securities account.

Degiro offers different types of orders to its clients. The broker has provided for default order, best limit order, stop loss order, stop loss range order, etc. Exceptionally, the platform allows investors to trade by email and phone.

Degiro Bourse, incredible rates!

This brokerage company proposes a very complete offer with the possibility of accessing almost all the global markets. Degiro fees remain insignificant on all trades. To date, Degiro remains the cheapest broker in Europe. It charges 85 % less than its direct competitors. For example, it charges 0.04 % in France. In the United States, investors pay €0.50 and 0.004 $ per share. The same trend can be observed on other stock exchanges. The Dutch broker guarantees low fees with Degiro capped fees. This convinced the Financial Times & Investors Chronicle to award it the distinction of "Best Low Cost Broker".

To read Name.com Review and Overview: An Affordable Domain Name Solution

However, the trading platform charges for access to certain stock exchanges. This applies exclusively to customers who trade on these exchanges. The site charges 0.25 % of the portfolio value per year and per exchange, except for the equity market on Euronext Paris and Brussels. The broker receives a maximum of €2.5 for the connection to Euronext Derivatives, Eurex, NYSE, NASDAQ, etc.

The transparency of Degiro rates is a great asset. The trading platform does not charge any hidden fees. Better still, the company simply places orders on the stock market. It does not physically hold the money of its customers. It stores it with the Dutch bank ABN Amro. In case of bankruptcy, investors can easily recover their funds.

Degiro Bourse, a quality customer service

This broker provides services that meet the expectations of investors. Users of the platform can contact the room of markets by telephone through a toll-free number. They also have the possibility to send e-mails. Degiro's advisors offer a warm welcome to customers. They are available from 8am to 10pm on weekdays. They intervene promptly to resolve any problems that arise. The wait time is usually less than a minute. Many reviews on Degiro testify to the efficiency of its services. With this Dutch company, there are no language concerns. The team members in charge of customer relations speak French.

The complete dematerialization of the services of this broker represents an important asset. The site has provided a frequently asked questions based on current customer concerns. In addition, the advisors provide appropriate answers to technical problems. Degiro focuses only on order execution. The broker does not offer a chartist analysis tool. However, it provides its investors with tutorials to help them make informed decisions independently. Many reviews of Degiro broker confirm the quality of its customer service.

Degiro Bourse, a leader in online brokerage

This broker is among the best brokers in Europe and worldwide. It stands out from its main competitors by a complete offer and an ultra-attractive pricing. Many reviews on the Degiro platform confirm it as a reference in trading.

To read Liquid Web Best Web Host 2024 ? Our opinion and presentation!

Degiro Bourse, a high-end cost killer

As soon as it was launched, this broker announced the colors by smashing the prices to the great displeasure of its main competitors. This allowed it to quickly establish itself as a reference player in the stock market universe. According to Investment Trends, Degiro is one of the brokers that have managed to attract the most switchers. Most investors who want to switch brokers often land on this Dutch trading platform. The average age of Degiro's clients is getting younger according to the same financial institute. This is due to the quality of the broker's services and the transparency of the prices charged.

Unlike its competitors, Degiro fires the all dividends after the foreign withholding tax. The site does not automatically deduct social security and income taxes. Specifically, Degiro investors receive 85 % of the U.S. dividend while most brokers only pay 55 %. Clients only pay the difference of 30 % when they file their tax return for the following year. They can take advantage of this tax deferral system to maximize their earnings. Moreover, Degiro does not file the tax return in advance like most of the competing brokers. The broker simply provides a single tax form (IFU) with the information to be completed. Investors have the possibility to check the information themselves.

Degiro Bourse, a very competitive broker

This Dutch broker outperforms its competitors on almost all its offers. A few comparative points allow us to better understand the main advantages of this platform.

• Degiro or Bourse Direct? Degiro is an excellent choice for people who want to invest outside Europe and do stock picking. The competition between the two brokers for sales of trackers on Euronext is very tight. Bourse Direct offers a stock savings plan while Degiro PEA does not exist yet.
• Degiro or Etoro ? Both brokers are attractive because of their fairly comprehensive offerings. Etoro has a much more attractive trading platform with educational resources. Investors can open a demo account there. Degiro, on the other hand, goes straight to the heart of the matter. It stands out for its competitive and transparent fees as well as the quality of its customer support.
• Degiro or Binck? The Dutch broker outperforms Binck in terms of pricing. Binck offers decision support tools on ProRealTime and Protrader. On the other hand, this broker targets more the European markets while its Dutch competitor remains the undisputed leader for international transactions with a very attractive Degiro rate. Both platforms guarantee high quality customer service.
• Degiro or IB? The Dutch broker clearly outperforms Interactive Brokers in terms of pricing. IB is much more suitable for high net worth and very active investors. Its offerings are exclusively for the US market. Degiro offers better services at incredible prices.
• Degiro or Saxo Bank? The Dutch broker distinguishes itself from this competitor by the quality of its services and the attractiveness of its rates. As for the second broker, it provides its clients with educational resources and powerful analysis tools.
• Degiro or Boursorama? The French bank has some serious trading advantages. Its investors benefit from an account and a card. But, its prices remain higher than Degiro rates. In addition, its international transactions remain quite limited.

Degiro Bourse, interesting prospects

Currently, the broker only allows the opening of securities accounts. The implementation of the PEA Degiro will take place very soon. Investors also hope to be able to buy forex currencies and commodity stocks on this platform. These offers will undoubtedly be an immediate success if the broker manages to offer an attractive Degiro rate for each of them as well.

The Dutch broker provides very few educational resources and professional training. It is primarily aimed at experienced and seasoned traders. The broker could consider setting up a Degiro demo account to make it easier for beginners to learn. It will also attract new customers by installing relevant decision support tools such as charts.

Degiro Bourse, our opinion on the cheapest broker

In a few years, this broker has managed to outperform its main competitors thanks to its very attractive pricing policy and its quality customer service. There are no custody fees, no inactivity fees and no account maintenance fees. Degiro does not deduct any commission for money transfers or for deregistration. Numerous reviews of Degiro have established this broker as a true champion of transparency in the industry.

This trading platform allows individuals to easily diversify their portfolio at professional rates. Investors can easily access almost all European and international stock markets at very competitive prices. It offers a comprehensive range of services for both beginners and experienced traders. Degiro's quality of service and prices are well worth the awards given by research firms and financial institutions. Many Degiro user reviews confirm the effectiveness of its services. The broker certainly has other fantastic surprises in store for its customers to help them diversify and optimize their investments.

If you wish to To learn more about the stock market, see our article on ARYA.

If you are interested in Crypto Currency we also advise you to see our article on the 3commas tool which allows you to manage your Crypto trades but also to create very efficient crypto bots. Personally, I've been using it for a few months and I got exceptional results.

Why should I start trading?

Trading is becoming more and more fashionable. Indeed, with the meteoric rise of prognosticators, the dream life can be within reach. That's why it's important to get the facts before you do anything. With trading, you can make a lot of money if you deposit a large amount. After a few years, if you are lucky and have invested your money well, you can have a very good income from trading. 

You can read the different reviews to choose the trading platform that suits you. Indeed, the opinion on Degiro are quite positive, knowing that it is a streamlined and very instinctive platform. So it's very easy to use and allows you to keep your money safe. Moreover, you can even access it from your phone, so you can manage your money wherever you are. Nevertheless, you are advised to ask for advice from different people so that they can advise you on what to do. Also, don't hesitate to read articles that explain what trading is all about.