DEGIRO login
Based in Amsterdam, Degiro was originally launched in 2018. As one of the most cost-effective brokers on the market, many people enjoy using it for a variety of reasons. However, one of the top reasons is that it is known for having low fees. This often makes the trading process far cheaper than investing with many other platforms. With that in mind, here is a closer look at the features and specifics of the Degiro platform.
Logging in to the official site DEGIRO
In order to access the membership area and begin trading, you must first gain access to the Degiro website. Luckily, logging in is simple and does not require much time and effort.
Moreover, there are plenty of benefits to registering for an account and logging into the member’s area.
To log into the member's area, you simply need to complete the following steps:
Navigate to the official Degiro website.
Once you reach the official website, click on ‘Log In’.
Enter your username and password in the space provided.
Click on ‘Login.’’
You are now logged in to the Degiro website.
Authorization on the Official DEGIRO Website to log in to the Member's Area
Once you have logged in, you will need to get authorized. To do so, simply:
Provide the platform with a copy of your passport or ID card.
Provide them with the number of the bank account from which you will fund the investment account.
Next, you must complete an appropriateness test.
After that, you will need to agree to the conditions for real-time prices before you can proceed.
Transfer money to fund your investment account.
10 Best Online Brokers For Stock TradingChanging the password to the member's area at DEGIRO
If you need to change your Degiro password, choose “Reset password” and then select "Forgot password"? From there, you can enter your username and email address and choose "Reset Password". After that, you will receive an email via your registered email address with a link to change your password.
Restoring access from the member's area at the DEGIRO website
If you can’t access your account for some reason, it has likely been blocked. If you have violated the terms and conditions, it may not be restored. However, if this is not the case, you can contact their customer service desk directly to find out why it happened and see what can be done to restore it. However, you must be prepared to answer security questions in order to complete the process.
How to register your members' area on the DEGIRO website?
In order to be allowed to trade on the Degiro platform, you must first register your member's area. This can be done by linking your account and sending the necessary information to prove your identity and residence. From there, you can login and choose your member’s area.
Overview of the DEGIRO members area
Comparison of the DEGIRO members area with those of other brokers
| DEGIRO | Forex4you | Exness | |
|---|---|---|---|
| Total number of sections | 28 | 23 | |
| Time it takes to open a new account | The sign-up process takes an average of 15 minutes. | Up to 5 minutes at the moment of registration, immediately after registration | Up to 5 minutes at the moment of registration, immediately after registration |
| Time it takes to complete the verification process | It takes around 1 business day to get verified. | 2-3 days with all documents uploaded in proper quality on the first try | 2-3 days with all documents uploaded in proper quality on the first try |
| Trading terminals download center | MT4 | MT4, proprietary platform | МТ4, МТ5 |
| Deposits and withdrawals | Deposit and withdraw via bank transfer only. | 4 variants, instant withdrawal for electronic systems | 8 variants, instant withdrawal for electronic systems |
| Ability to track financial transactions | Yes | Yes | Yes |
| Access to financial archive | Yes | Yes | Yes |
| Training and Analysis section | Yes | Analytics | Analytics |
| Communication with the support team | Email, phone, social media | Online chat, social media, email, phones | Online chat, messengers, social networks, email, phones |
Advantages and disadvantages of the DEGIRO members area
If you are wondering about the advantages and disadvantages of the Degiro platform, some of the most prominent ones are as follows:
Easy to Use: One of the top benefits of using the Degiro member's area is that it’s easy to use.
The interface is simplistic and laid out in a way in which virtually anyone can figure out how to use it in a relatively short period of time.
Well-Designed: The Degiro platform has a highly intuitive interface, making it easy to find products and navigate the different markets.
An easy way to invest online: Joining the member’s area makes it possible to invest online and monitor your investments.
Optional Coverage: Users have the option to open an account, allowing them to trade with leverage (by borrowing) or without leverage.
Disadvantages:
Delayed Prices: When using Degiro, the asset prices are 15 minutes delayed. Life prices are accessible, but they require annual fees.
No Demos: Another disadvantage is that the platform does not offer demo accounts. Therefore, you will have to invest and learn how to use the platform in real-time.
FAQ
Does Degiro have a minimum deposit amount?
No, Degiro does not require a minimum deposit requirement.
What is the base currency for Degiro?
The base currency for Degiro is whatever the base currency is within your area. For instance, if you have an account in the UK, your base currency will be GBP.
Does Degiro accept payments from third-party apps?
No, Degiro accepts payments via bank transfer only. Payments from finance apps such as PayPal, Revolut, Wise, Currencies Direct, Monese, or Currency Cloud are not permitted.
What login security measures are offered by Degiro?
Degiro offers one-step and two-step login. The latter is available via Google Authenticator.
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Team that worked on the article
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.
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.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.