DEGIRO: Review of a popular broker

DEGIRO: 2024 review - pros and cons for investors 06 / 03 / 24 Kuantyay Sabaaymi Visitors: 504 Rating:

DEGIRO continues to hold its position in the market as one of the most affordable and convenient brokers for trading stocks in the global markets. At 2024, it provides a wide range of services and tools for trading, attracting both experienced traders and beginners.

DEGIRO's main advantage is the low cost of trading stocks on various global exchanges. It offers truly competitive rates and virtually no additional commissions, making it attractive to those who value savings on trading.

A wide selection of Exchange Traded Funds (ETFs) makes DEGIRO attractive to long-term investors looking to diversify their portfolio. Many ETFs are offered with no trading fees, making this tool even more accessible to investors of all levels.

Opening an account with DEGIRO is a quick and easy process that requires no initial minimum deposit. This makes it easy for beginners to get started and to quickly start trading the global markets.

DEGIRO offers several trading platforms, including a web version and a mobile app. They are easy to use and allow you to manage your portfolio even on the move. However, some functional limitations, such as the inability to set price alerts on the web platform, can leave something to be desired.

DEGIRO provides access to various markets and products including stocks, ETFs and bonds, but it should be noted that Forex trading and contracts for difference (CFDs) are not available through this platform. This may be a limitation for those interested in trading currencies or other derivatives.

While the platform provides basic news and analysis tools, these may not seem sufficient for traders looking for more in-depth analysis and trading ideas.

The quality of customer service at DEGIRO varies. Telephone support is available in several languages and is often rated as good. However, the lack of online chat and limited support availability times can be drawbacks for some customers.

DEGIRO is subject to regulation and licensing by top-level financial authorities, which provides a certain level of security for clients. However, it is worth noting that the broker does not offer credit or debit card deposit options.

In conclusion, DEGIRO remains an attractive choice for those looking for an affordable and convenient way to trade stocks on global markets. Despite some limitations, it offers ample opportunities for investors of all experience levels.

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