Degiro is now accepting UK clients again and offers a very low-cost way to invest and trade the markets. I would say they are aimed at slightly more experienced investors who trade on a regular basis and want to keep costs down. It’s worth noting, though, that DEGIRO is not regulated by the FCA; they are an overseas firm supervised in Germany by BaFin and in the Netherlands by AFM and DNB, so you do not get FSCS protection.
Customer Reviews
DEGIRO Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.- Pricing3.5
- Market Access3.5
- Online Platform3.5
- Customer Service3.5
- Research & Analysis3.5
Pros
- Low fees
- Wide range of products
Cons
- European based
See full expert review
Our verdict
Degiro is not currently onboarding new customers from the UK. You can compare investment accounts here.
Summary
Degiro offers a very low-cost way to invest and trade the markets. I would say they are aimed as slightly more experienced investors who trade on a regular basis and want to keep costs down.
DEGIRO Customer reviews
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 189 reviews
- Excellent22%
- Very good41%
- Basic21%
- Poor14%
- Bad3%
Read customer reviews
4/5
Pros:
Good coverage
Cons:
Better fees
2/5
1/5
Pros:
No thoughts
Cons:
Easy to use interface
2/5
Pros:
Nothing
Cons:
Lower fees
2/5
Pros:
not easy to read, many mistakes with funds
Cons:
Improve customer service
3/5
Edward Murtagh @ 12/17/2019 06:42
I had some difficulty opening an account because of poor communication from degiro customer service but since then it’s been plain sailing. Lowest fees in the business and very user friendly platform. Wish I’d found it sooner
A S @ 04/29/2019 02:58
Awful customer service – not fit for purpose on the two occasions I have needed to contact them. In twenty years of investing they are comfortably the worst I have had to deal with, low fees or not.
Review @ 10/16/2018 05:40
After FOUR MONTHÔÇÖs miserable tracing between DEGIRO and the bank, DEGIRO finally admitted that one of my missing payment was sent to the old account of them. I was never informed that the DEGIRO account was changed. On the THIRD phone call today with the customer support, I was told if IÔÇÖm ÔÇ£luckyÔÇØ I may get my payment back. It has the most ridiculous customer support IÔÇÖve ever experienced in any financial services company. If anything goes wrong youÔÇÖll never get your money back even after going through the terrible poor customer support through numerous phone calls (They never reply customer support&complaints emails).
DEGIRO starts onboarding new clients in the UK again
DEGIRO has told us that they are accepting clients from the UK again after the UK subsidiary of Pan-European low-cost stock broker FlatexDegiro has stopped onboarding new client accounts last year. Back in May 2023 GEGIRO wrote to its marketing affiliates and partners saying that it was pausing UK acquisition campaigns and client onboarding for
flatexDEGIRO fined by Barfin as they mature from a “small and non-complex” broker
Pan-European online trading platform flatexDEGIRO has been fined for operational and managerial shortcomings by the German financial services regulator BaFin, following an audit of the company. BaFin said last year that it saw deficiencies in the organisation and management of the brokerage and instigated a special audit of the firm. The regulator provided flatex with
Degiro aims for net zero
Pan European online broker Degiro has launched a new commission-free trading service. The firm which is now one of Europe’s largest brokerages says it aiming to change the face of the business on the continent. What is Degiro offering? Degiro has launched a commission-free trading service that covers 5000 US equities, listed and traded on
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