DEGIRO Fees Review

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The fees charged by DEGIRO are low on the whole, be it DEGIRO transaction fees or DEGIRO withdrawal fees. They do not charge any fees or commissions like any other international brokerage platforms do (for the services they provide), and even if they do charge a fee, it would be relatively less. Aside from that, the pricing (fees) schedule accommodates a wide range of trading styles, so irrespective of whether you're a position trader or an HFT (high-frequency trader), you ought to give it some serious consideration as the potential home for your trading activities.

Listed below is a table detailing DEGIRO's commissions:

Fee level Minimum fee
UK stocks Low (£2.75 per trade) (£1.75 commission fee & £1 handling fee)
Mutual funds Low $3.9 with 0.2% administration fee (per $2,000 fund)
EU government bonds Low $3 {($2 fee + $1 handling charges) (per $10,000 trade)}
German stock index options Low $8.9 (per 10 contract)
US micro e-mini stock index futures Low $0.75 (per 10 contract)
Other markets Low $2.25

Is DEGIRO cheap?

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Your capital is at risk.
Investing involves risk of loss

Another advantage of investing with DEGIRO is that aside from its low commissions, the information available to investors is well laid out and easy to navigate.

The table below illustrates how DEGIRO is significantly cheaper than other brokerage platforms:

DEGIRO Interactive Brokers Saxo Bank
Stocks and ETFs £1.75 + 0.014% and utmost £5 $0.005 per share maximum upto $1 and 1% of trade value.

Free for US traders who opt for IBKR Lite plan
$0.02 per share maximum upto $10

Using VIP pricing, you can get it for as little as $3
Options £0.75 (per contract) $0.65 (per contract) $3 (per contract)

Using VIP pricing, you can get it for as little as $1
Funds 0.1% + £7.5 & 0.2% (administration fee) $4.4 (per $2,000 fund) Not Available
Bonds $3 (per $10,000 trade) $10.0 (per $10,000 trade) $79.2 (per $1000 trade)
Futures $0.75 (per contract) $0.25 (per contract) $4 (per contract)

Using VIP pricing, you can get it for as little as $1

DEGIRO stock and ETF commissions

Whether it's a stock, ETF, or warrant, DEGIRO transaction fees are the same regardless of the type of investment.

The fees charged by the broker (DEGIRO) usually consist of

Flat fee + percentage of trade volume.

Trading asset Commission size
US stocks $1 {(per $2000 trade) (€0 commission and €1 handling fee)}
UK stocks $3.1 {(£2.75 per trade) (£1.75 commission fee & £1 handling fee)}
German stocks €4.90 {(€3.90 commission) (€1 handling fee)}

DEGIRO funds commissions

Known for its low fund fees, DEGIRO charges exactly the exact fees for funds as it does for stocks and exchange-traded funds (ETFs) i.e.

Flat fee + percentage of trade volume.

Trading asset Commission size
Mutual Fund $3.9 (per $2000) & 0.2% annual administration fees
EU Mutual Fund $10.3 (per $2000)

DEGIRO bonds commissions

When it comes to its bond's commission:

Trading asset Commission size
US Treasury Bond Not Available
EU Government Bond $3.0 (per $10,000 government bond trade)

DEGIRO options commissions

Like any other trading instrument fees, DEGIRO Options fees are relatively low when gauged against other brokerage platforms.

However, a monthly connection fee of €5 is charged when trading US stock index options.

The reason behind this fee is that it's charged whenever positions are held and traded on these markets, regardless of transaction volume.

Trading asset Commission size
US stocks index options $0.75 (per contract)
German stocks index options $8.9 (€0.75 per contract)
UK stock index options Not Available

Note:.

Unlike other brokers, DEGIRO's option fees are based on the number of contracts you buy.

DEGIRO futures commissions

Akin to the options fees, DEGIRO’s future is also charged €5 per month as a connectivity fee. Furthermore, DEGIRO charges €1 for

Exercise/Assignment/Cash settlement of futures

Trading asset Commission size
US micro e-mini stock index futures $0.75 (per contract)
UK stocks index future Not Available
German e-mini stock index futures €0.75 (per contract)

Note:.

DEGIRO's futures fees are based on the number of contracts you buy. And the commission for US and Nordic markets does not include exchange costs.

DEGIRO non-trading fees

Non-trading fees include fees arising from activities other than trading, like

Withdrawal


Inactivity fees


Crypto Transfer


Management Fees

Does DEGIRO charge inactivity fee?

DEGIRO charges no inactivity fees from its traders.

Does DEGIRO charge withdrawal fee?

There’s no DEGIRO withdrawal fee while withdrawing money from your bank account.

Does DEGIRO charge other fees?

DEGIRO Interactive Brokers Saxo Bank
Account Fee No account fee No account fee No account fee
Deposit Fee No deposit fee No deposit fee No deposit fee
Crypto Transfer Fees €4 + 0.05%, capped at €60 0.12%-0.18% Not available
Management Fees DEGIRO will charge other management fees Not Available 1%

FAQ

What is the reason for dividing the transaction fee into two parts?

DEGIRO imposes most of its fees into two rates

A base rate plus a variable rate.

This is because fees can be imposed according to your position size.

What is the exchange connectivity fee?

The exchange connectivity fee (€2.50 per calendar year) is an unusual fee imposed on traders who trade outside of their home market regularly.

NOTE:

connectivity fees for the US options market are €5 per calendar year.

Are there any fees associated with DEGIRO price feeds?

There is no need to pay for price feeds as DEGIRO provides them to its traders.

What is the rate for currency conversion?

The rate for currency conversion is 0.25% (of the transaction value).

Team that worked on the article

Andrey Mastykin
Author, Financial Expert at Traders Union

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Trading strategies, technical analysis, Forex, stock market, long-term investing

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.

He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.

Experience
Andrey's passion for finance began in 2009, and he has since accumulated extensive experience in trading and investing across various asset classes, including stocks, Forex, and cryptocurrencies.

He has spent over 15 years managing his own capital and working with financial portals, financial institutions, and IT companies, as a financial writer and analyst, further refining his investment expertise.

He is the author of several training courses on investing and trading in financial markets. Led multiple FX/Stocks/Crypto webinar educational presentations. Authored hundreds of articles on the global economy, stock, cryptocurrency, and Forex markets, along with trading strategies. He has also penned hundreds of professional reviews of financial firms.

Throughout his journey, Andrey has been heavily influenced by the works of renowned authors and investors like Benjamin Graham, Ray Dalio, Robert Shiller, and Nassim Taleb.

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Dr. BJ Johnson
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Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

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