DEGIRO Review 2026
Regulated broker with real licence numbers.
DEGIRO is a regulated CFD broker founded in 2008. It holds a AFM licence under number 12060.
The basics
DEGIRO was founded in 2008 and is headquartered in Amsterdam, Netherlands. It is privately owned. The broker offers CFDs on 50,000 instruments across forex, indices, commodities, and crypto. Real stock ownership is available in addition to CFDs.
There is no MetaTrader. The broker operates a proprietary platform only. Copy trading is not offered.
| Founded | 2008 |
| Headquarters | Amsterdam, Netherlands |
| Instruments | 50,000+ |
| Platforms | DEGIRO Platform, DEGIRO App |
| MetaTrader | No |
| Copy trading | No |
| Real stocks | Yes |
Is DEGIRO safe?
The Seychelles FSA is an offshore regulator. It requires broker registration and basic conduct rules, but does not offer the same client protections as the FCA, CySEC, or ASIC. There is no compensation scheme and leverage limits are not imposed.
| Regulator | Licence | Entity |
|---|---|---|
| AFM | 12060 ✓ | DEGIRO B.V. |
| BaFin | 151148 ✓ | DEGIRO GmbH |
You can verify the AFM licence at brokerforexreviews.com. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
DEGIRO spreads
These are the typical spreads on DEGIRO's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 2 pips pips |
| GBP/USD | 2.3 pips pips |
| USD/JPY | 2.1 pips pips |
| Gold (XAU/USD) | 35c/oz |
| S&P 500 | 0.6pt |
DEGIRO's EUR/USD spread of 2 pips pips is wider than ECN-first brokers but typical for a commission-free account.
DEGIRO withdrawal fee and processing time
Fee: None. DEGIRO does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
DEGIRO minimum deposit by entity
The minimum deposit depends on which DEGIRO entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| DEGIRO B.V. | AFM 12060 | None | 1:30 |
| DEGIRO GmbH | BaFin 151148 | None | 1:30 |
DEGIRO vs eToro
| DEGIRO | eToro | |
|---|---|---|
| Primary regulator | AFM 12060 | FCA 583263 |
| Min deposit | None | $50 |
| EUR/USD spread | 2 pips pips | 1.0 pips |
| MetaTrader | No | No |
| Instruments | 50,000+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. DEGIRO suits traders who value its platform and product range. eToro is better for traders who prioritise tighter spreads.
Regulation — the numbers that matter
| AFM | 12060 — DEGIRO B.V. |
| BaFin | 151148 — DEGIRO GmbH |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- AFM regulated — DEGIRO B.V.
- No minimum deposit
- Real stock ownership available
- No inactivity fee
- 50,000+ instruments
What does not work
- No MetaTrader — proprietary platform only
- No copy trading
The verdict
DEGIRO is a legitimate, regulated broker. The AFM licence number 12060 is verifiable on the public register. It is best suited for traders who want access to 50,000 instruments on a regulated platform. Rating: 4.0 out of 5.
Alternatives to DEGIRO
If DEGIRO does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is DEGIRO safe?
The Seychelles FSA is an offshore regulator. DEGIRO holds AFM licence 12060, which is publicly verifiable on the official register.
What is the DEGIRO minimum deposit?
The minimum deposit is None. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the DEGIRO EUR/USD spread?
The EUR/USD spread on DEGIRO standard accounts is typically 2 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does DEGIRO take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does DEGIRO charge withdrawal fees?
None. DEGIRO does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does DEGIRO have MetaTrader?
No. DEGIRO does not offer MetaTrader. It operates a proprietary platform only. Traders who require MT4 or MT5 for automated strategies should consider an alternative.