DEGIRO broker Accounts

degiro Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

degiro Account Types Explained

DEGIRO offers a variety of account types designed to cater to different trading needs and profiles. Below is a comprehensive overview of the available account types:

1. DEGIRO Basic Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Low transaction fees; typically €1 for ETFs in the core selection.
• Leverage Options: Not applicable; no margin trading.
• Key Features: Access to stocks, bonds, ETFs, and investment funds across over 50 exchanges.
• Target User Profile: Casual traders and beginners.
• Trading Instruments Available: Stocks, bonds, ETFs, and investment funds.

2. DEGIRO Active Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Low transaction fees; varies by asset.
• Leverage Options: Margin trading available up to 33% of the positions value.
• Key Features: Ideal for clients interested in margin trading and accessing a broader range of assets.
• Target User Profile: Intermediate traders looking for margin trading options.
• Trading Instruments Available: Stocks, bonds, ETFs, options, futures, and leveraged products.

3. DEGIRO Trader Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Competitive fees; varies by asset.
• Leverage Options: Margin trading available up to 80% of the positions value.
• Key Features: Higher leverage options and access to a wider range of trading instruments.
• Target User Profile: Advanced traders seeking higher leverage.
• Trading Instruments Available: Stocks, bonds, ETFs, options, futures, and leveraged products.

4. DEGIRO Day Trader Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Competitive fees; varies by asset.
• Leverage Options: Margin trading available up to 80% of the positions value with lower margins during market hours.
• Key Features: Designed for experienced traders engaging in frequent trading.
• Target User Profile: Professional traders and day traders.
• Trading Instruments Available: Stocks, bonds, ETFs, options, futures, and leveraged products.

Account Type Comparison Table

Detailed degiro Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit: All account types have no minimum deposit requirement.

• Maximum Leverage:

• Basic: None

• Active: Up to 33%

• Trader: Up to 80%

• Day Trader: Up to 80%

• Spreads (Typical/Minimum): Varies by asset; generally low fees.

• Commission Fees:

• Basic: €1 for core ETFs.

• Active: Varies by asset.

• Trader: Varies by asset.

• Day Trader: Varies by asset.

• Lot Size:

• Basic: Standard lot sizes.

• Active: Standard lot sizes.

• Trader: Standard lot sizes.

• Day Trader: Standard lot sizes.

• Available Trading Platforms: DEGIRO proprietary platform.

• Execution Type: Market execution.

• Islamic Account Availability: Not specified.

• Swap-Free Options: Not specified.

• Demo Account Features: Not available for all account types; check with DEGIRO.

Advantages and Disadvantages of Each Account Type

Basic Account

• Advantages:
• No minimum deposit.
• Low transaction fees.
• Access to a wide range of assets.
• Disadvantages:
• No margin trading.
• Limited advanced trading features.

Active Account

• Advantages:
• Access to margin trading.
• Broader range of assets.
• Competitive fees.
• Disadvantages:
• Higher risk due to leverage.
• Not suitable for beginners.

Trader Account

• Advantages:
• Higher leverage options.
• Access to a variety of trading instruments.
• Competitive fees.
• Disadvantages:
• Increased risk due to leverage.
• Requires more trading experience.

Day Trader Account

• Advantages:
• Designed for frequent trading.
• Higher leverage options.
• Competitive fees.
• Disadvantages:
• Increased risk due to leverage.
• Requires advanced trading skills.

degiro Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in multiple countries; check specific country availability.
• Prohibited Countries: Not specified; check DEGIRO's website for updates.
• Identity Verification Documents Needed: Government-issued ID (passport or national ID).
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: May require proof of professional trading experience.

KYC/AML Compliance Procedures

DEGIRO adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring documentation to verify identity and residence.

Verification Time Frames

Account verification typically takes a few hours to a few days, depending on the completeness of the submitted documents.

Step-by-Step degiro Account Opening Guide

Registration Process

1. Visit the DEGIRO website and click on the "Open Account" button.
2. Enter Personal Information: Fill in your name, email address, and choose a password.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for DEGIRO to verify your account.
7. Fund Your Account: Deposit funds into your DEGIRO account.
8. Start Trading: Access the platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar across desktop and mobile platforms, with slight variations in interface.

Common Registration Issues and Solutions

• Issue: Document upload failures.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Verification delays.

• Solution: Contact DEGIRO support for assistance.

Average Account Approval Time

Typically ranges from a few hours to a few days.

How to Upgrade/Downgrade Account Types

Account types can be changed by contacting DEGIRO customer support, subject to eligibility.

degiro Demo Account Guide

Demo Account Features and Benefits

DEGIRO does not provide a demo account for practice trading. Users should check the platform for any updates regarding demo account availability.

How to Open a Demo Account

Currently, DEGIRO does not offer a demo account option.

Demo Account Limitations

Not applicable as DEGIRO does not provide a demo account.

Virtual Balance Amount

Not applicable.

Demo vs Live Account Differences

Not applicable.

Duration/Expiry of Demo Accounts

Not applicable.

degiro Islamic Account Details

Swap-Free/Islamic Account Availability

DEGIRO does not explicitly offer Islamic accounts.

Eligibility Requirements

Not applicable.

Differences from Standard Accounts

Not applicable.

How to Apply for Islamic Account

Not applicable.

Restrictions or Special Conditions

Not applicable.

FAQs – degiro Account Types & Opening

1. What account types does degiro offer？

• DEGIRO offers Basic, Active, Trader, and Day Trader accounts.

1. What is the minimum deposit for each account type？

• There is no minimum deposit required for any account type.

1. How long does degiro account verification take？

• Verification typically takes a few hours to a few days.

1. Does degiro offer demo accounts？

• DEGIRO does not currently offer demo accounts.

1. Can I have multiple account types with degiro？

• You can change account types by contacting customer support, subject to eligibility.

1. Does degiro offer Islamic/swap-free accounts？

• DEGIRO does not explicitly offer Islamic accounts.

1. What documents do I need to open a degiro account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, by contacting DEGIRO customer support.