DEGIRO
Dutch-branded online broker, now part of flatexDEGIRO, with per-trade fees and a free Core Selection of ETFs
Quick Overview
| Company | flatexDEGIRO Bank SE (Dutch Branch) |
|---|---|
| Category | Stock Trading Apps and Online Brokers |
| Headquarters | Amsterdam, Netherlands |
| Founded | Not stated |
| EU Presence | Yes - Germany and Netherlands (EU) |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Stocks, ETFs, bonds, options and futures, Core Selection ETFs, Tradegate trading, cash accounts |
| Pricing | Euronext Amsterdam stocks EUR 2 + EUR 1 handling, US stocks EUR 1 + EUR 1 handling, Core Selection ETFs EUR 0 + EUR 1 handling |
| Best For | Dutch and German investors who place few, larger orders |
| Replaces | Robinhood, Webull |
Detailed Review
DEGIRO describes itself as a trading platform whose roots lie in Amsterdam. In 2020 it joined flatex AG, and the group is listed in the SDAX index in Germany.
Today the contracting entity is flatexDEGIRO Bank SE, supervised in Germany by BaFin and, for its Dutch branch, by the AFM and DNB. The branch is registered with the Dutch Chamber of Commerce under number 82510245.
Per-Trade Pricing
The Dutch tariff page lists Euronext Amsterdam shares at EUR 2 commission plus EUR 1 handling per transaction, US exchange shares at EUR 1 plus EUR 1 handling, and worldwide ETFs at EUR 2 plus EUR 1 handling.
Core Selection ETFs carry EUR 0 commission with the EUR 1 handling fee; currency, connectivity and third-party product costs may apply on top.
Ownership
The platform started as an independent Amsterdam company and is now part of flatexDEGIRO AG in Germany. Customers deal with flatexDEGIRO Bank SE.
Cash and Execution
The firm offers flatexDEGIRO cash accounts for uninvested money and trading on Tradegate Exchange, including pre-market and after-hours hours.
Limitations to Consider
A per-trade model with handling fees is expensive for very small, frequent orders compared with commission-free apps such as Freetrade. The site is organised by country, and the checked UK site notes that flatexDEGIRO Bank SE is an overseas firm not authorised by the FCA. Fee extras (currency, connectivity) are not all shown on the first page.
Who Should Use DEGIRO
Investors in the Netherlands and Germany who want a long-established, low per-trade fee broker.
Pros and Cons
Pros
- Low per-trade commission for US stocks
- Core Selection ETFs without commission
- German bank with Dutch branch and AFM oversight
- Access to Tradegate extended hours
- Long track record
Cons
- EUR 1 handling fee on every transaction
- Extra currency and connectivity costs
- Not available as a UK-authorised firm
- Group is now German-owned, not Dutch
Alternatives to DEGIRO
Other European stock trading apps and online brokers worth comparing before you decide:
Lightyear
Estonia · Investing platform with zero ETF execution fees
Scalable Capital
Germany · Broker and bank with savings plans from EUR 1
Freetrade
United Kingdom · Commission-free UK investing app with ISA and SIPP
Nordnet
Sweden · Nordic bank and broker with four courtage classes
See all European stock trading apps and online brokers or compare them directly against Robinhood on our alternatives page.
Frequently Asked Questions
DEGIRO joined flatex AG in 2020, and the contracting entity is flatexDEGIRO Bank SE, according to the DEGIRO site.
On the Dutch tariff page, US stocks cost EUR 1 plus EUR 1 handling per transaction and Euronext Amsterdam shares EUR 2 plus EUR 1 handling. Core Selection ETFs have EUR 0 commission plus the handling fee.
BaFin in Germany and the AFM and DNB for the Dutch branch.