DEGIRO

DEGIRO uses an independent custodian to hold your assets, which means that they are segregated from DEGIRO's assets. The sole function of the custodian is to manage and safeguard your investments. In the unlikely event that something should happen to DEGIRO, your investments will not be treated as recoverable assets for DEGIRO's creditors, but will remain in the safekeeping of the custodian.

The fee for trading individual shares in the U.K. is £1.75 + 0.014% per trade, with a maximum charge of £5.

You can contact DEGIROs customer service by email or telephone. Email is availabe 24/7 at [email protected] Phone is available from 7am to 9pm all weekdays at +49 69 5060419 50. Note: there could be a surcharge if you want to place an order via phone.

DEGIRO holds the liquidity in a bank account in the user's name at Flatex. Deposits can be made instantly with Sofort for a fee of one euro or by bank transfer. Withdrawals are only made by bank transfer and can take up to three working days.

DEGIRO does not have a demo account, but you can open an account without a minimum deposit and get to know the platform that way.

DEGIRO is owned by a German listed company called flatexDEGIRO AG. The liquidity you hold in DEGIRO is protected up to €100,000 by the German Deposit Guarantee Fund. Shares and other assets are held in a separate entity that cannot take on debt and is protected by the Dutch Investment Guarantee Fund up to €20,000.

In approximately 30 countries, including most European countries, the US and Canada, Australia, Hong Kong, Singapore and Japan.

Once the dividend has been issued by the company in question, it will be credited to the customer's account in the free margin section after passing through several financial institutions to confirm the veracity of the dividend. Normally, it will take about 48 hours after the dividend payment date for the dividend to be reflected in the customer's account.

Yes, but to do so, you must have an Active, Trader or Day Trader profile. Only then, will you be able to open short positions in DEGIRO. To have one of the Active, Trader or Day Trader profiles, you must first change your basic account (the one you will have when you open your DEGIRO account) to one of the above profiles. You can find this option in your profile under ‘Trading Profile’. You will then need to complete two suitability tests and sign additional terms and conditions. To enter a short position in your active or trading account, place a sell order on a product that you do not currently own. You cannot hold short and long positions in the same product at the same time. If you place a sell order in an instrument in which you currently have a long position, your current shares will be sold. In other words, in order to open a short position, you must first close the long position in that particular commodity asset, after which you can initiate the opening of a short position in the same commodity. Short positions will only be available for shares and ETFs of the following indices: Euronext Amsterdam, Euronext Brussels, Euronext Paris, Xetra, Madrid Stock Exchange, London Stock Exchange and Swiss Exchange. Unfortunately, this option is restricted for certain assets, such as US stocks or D-rated products. And in case you try to open a short position, you will receive an error message.

Yes, it is possible to trade on leverage with DEGIRO. This service is known as Short Cash Position. In fact, using leverage in a trade means investing more money than you (the investor) have in your cash account. Because of this, when you are leveraged, your Cash Account position will be negative. On the other hand, the user will be able to trade with more or less leverage depending on their account profile: With the Active profile a more conservative approach will be used. In other words, in order to avoid higher risks, less free margin is used. Thus, in case of losses, these will not be so huge. With the Trader profile, a much more aggressive approach is used for the risk calculation of your portfolio. The Trader profile will allow you to increase the margin range, allowing for the possibility of higher profits, but you will also bear more risk.