If you are here, it is because you want to open an account with DEGIRO and want to know what DEGIRO's minimum deposit is.
Key Takeaways:
- Minimum Deposit: €/£1;
- DEGIRO accepts deposits in CHF, DKK, GBP, NOK, SEK, EUR, CZK, PLN, HUF. If you deposit in a different currency, you will be charged a 0.25% fee for currency conversion;
- Charges €/£0 for deposits;
- Charges €/£0 for withdrawals;
- Regulated by AFM, DNB.
Whether you are a new trader looking to open your first account or an experienced trader looking to switch brokers, this article will provide you with the information you need to make an informed decision.
What is DEGIRO's minimum deposit?
DEGIRO's minimum deposit is €/£1. You can deposit via directly from your registered bank account via manual bank transfer, and DEGIRO charges €/£0 for the deposits.
Each deposit method may display different minimum amounts, fees (if applicable), and different processing times for the money to arrive at your account. For more information, you can visit DEGIRO's website.
Are there deposit fees at DEGIRO?
No, DEGIRO does not charge deposit fees. It's a plus that the broker doesn’t deduct any fees from your deposits. The only costs you need to consider are those charged by the bank or other third-party financial services you use to send money.
What about currency conversion costs?
DEGIRO's supported/base currencies are CHF, DKK, GBP, NOK, SEK, EUR, CZK, PLN, HUF. Please note: a deposit made with a different local currency could be charged a currency conversion fee of 0.25%.
To prevent this, you can try to deposit in one of the supported currencies using low-cost currency conversion services such as Revolut or Wise.
What are the deposit methods available at DEGIRO?
The deposit methods available at DEGIRO include: directly from your registered bank account via manual bank transfer.
Does DEGIRO charge withdrawal fees?
No, DEGIRO does not charge withdrawal fees. This means you can easily access your funds without incurring additional costs.
Is DEGIRO safe?
DEGIRO is regulated by AFM, DNB. This is excellent news because regulated brokers must follow strict rules and regulations to ensure that they operate fairly and transparently.
In the event of a dispute, regulated brokers must have processes for resolving disputes with clients. Regulated brokers are also subject to higher standards of conduct and must follow best practices in the industry.
Lastly, firms like DEGIRO must be part of the Investor Compensation Scheme (ICS) which protects clients in case an investment firm goes out of business.
Brokers with Signup Bonuses?
| Broker | Bonus Promotion | Link | Terms and Conditions | Available Countries |
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1 share up to £100 | Link | Details | Europe |
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Up to $1,000 of free IBKR stock | Link | Details | Worldwide (exceptions apply) |
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1 share up to €200 | Link | Details | Netherlands, Ireland, Spain, Germany, Austria, France, Belgium |
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One share worth up to $150 | Link | Details | UK, Brazil, New Zealand, Australia. |
Conclusion
To sum it up, DEGIRO's minimum deposit is €/£1.
We covered DEGIRO's deposit costs and other information so that you can make an informed decision about opening a trading account on DEGIRO. Want to know more about DEGIRO? Feel free to explore DEGIRO’s website and DEGIRO review. You can also check out our broker reviews and comparisons, and let us know your thoughts in the comments below!
Pedro is passionate about finance, marketing, and technology. He is a growth manager at several online projects and a former digital marketer for a fintech company.
