What Account Types and Fees Does DEGIRO Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low-cost trading, access to global markets, user-friendly platform |
Suitable for small-capital investors |
| Professional Account |
Experienced traders and institutions |
Higher leverage, advanced trading tools, lower spreads |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients and businesses |
Customizable trading solutions, dedicated support |
Requires corporate documentation and identification |
| Demo Account |
New traders and those testing strategies |
No risk trading environment, access to full platform features |
Ideal for practice without real money |
Account Opening Process
To open an account with DEGIRO, follow these steps:
1. Complete the online registration form, providing personal details such as your name, email address, and phone number.
2. Submit employment and financial information to comply with regulatory requirements.
3. Verify your identity by providing a valid ID and proof of address (such as a utility bill or bank statement).
4. Once your account is set up, you can fund it and start trading. Additionally, DEGIRO allows account flexibility, enabling users to upgrade to a professional account later if their trading activity qualifies.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
Variable |
€0.50 per trade |
Commission-free for US stocks under certain conditions |
| CFDs (Indices) |
1.0 |
€0.50 per trade |
Standard commission applies |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
DEGIRO charges no deposit or withdrawal fees, and there are no inactivity fees. However, there are some additional costs to be aware of:
– Platform usage fees: Generally, there are no fees for using the trading platform.
– Overnight interest (swap rates): Applicable for positions held overnight.
– Currency conversion fees: A fee of 0.25% applies for transactions involving currency conversion.
