Is DEGIRO a Scam? Regulation Check 2026
We checked DEGIRO's licence in the official AFM register. Here is what the public records say.
Verdict
DEGIRO is NOT a scam. It holds AFM licence 12060, authorising it to offer trading services in Lithuania.
How to verify on the official register
| Regulator | AFM AFM |
| Licence Number | 12060 |
| Regulated Entity | DEGIRO B.V. |
| Founded | 2008 |
What AFM regulation means
AFM-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with AFM directly.
What AFM regulation means for your money
- Client funds held in segregated bank accounts, separate from DEGIRO's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with AFM if DEGIRO fails to resolve your issue
- DEGIRO submits to regular independent financial audits under AFM oversight
Frequently Asked Questions
Is DEGIRO a scam or legitimate?
DEGIRO is NOT a scam. It holds AFM licence number 12060. AFM is one of the world's most respected financial regulators. The licence is publicly verifiable in the AFM official register.
How do I check DEGIRO's AFM licence?
Go to the official AFM website and use the public register search. Search for licence number 12060 or the entity name. The record will confirm DEGIRO's authorisation status and the scope of its permissions.
Are my funds safe with DEGIRO?
As an AFM-regulated broker, DEGIRO must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if DEGIRO encounters financial difficulties.
What protection do I have as a DEGIRO client in Lithuania?
In Lithuania, DEGIRO operates under AFM supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with AFM.
Reader Comments
Loading comments...