How to buy/sell on DEGIRO
Degiro
Whether you're a newbie to the stock market or a veteran trader, this article will help you with your questions and concerns about how to buy on DEGIRO or how to sell on DEGIRO!
Stay tuned until the very end of this blog so that you have a complete understanding when you step off this site.
Available trading instruments on DEGIRO
DEGIRO is one of the finest online broker platforms that give its traders an extensive range of assets to choose from; (50 markets from 30 different countries).
Aside from that, the range of investment instruments (they provide) is equally diverse and compelling, such as:
Bonds
Investment funds
ETFs
Foreign exchange
Stocks
DEGIRO allows you to trade shares across four continents: Europe, North America, Oceania, and Asia.
Aside from the stocks mentioned in the image, shares of other stocks are also available for purchase, including:
Tesco
Siemens
HSBC
BBVA
Alphabet
AstraZeneca
Pirelli
Toyota
BNP Paribas
American Airlines Group
ETFs
ETFs have been one of the most popular financial instruments among retail and non-retail traders. Their ease of use (buy and sell) and similarity to mutual funds make them appealing. Aside from this, DEGIRO also allows its traders to access thousands (4700) of ETFs across multiple markets.
Investment Funds
If investing in ETFs does not convince you, you don't have to worry. DEGIRO also provides its traders with a wide selection of more than 400 investment funds from fund managers such as:
BlackRock
JPMorgan
Amundi
Allianz
BNP Paribas
Vanguard
ING
Bonds
Almost 700 kinds of bonds are available through DEGIRO, including those issued by governments and corporations.
Platform & Features
DEGIRO provides its traders with an in-house developed browser-based HTML platform (for mobile and desktop services) that eases the trading process.
As a bonus, DEGIRO also allows its traders to trade certain ETFs without having any associated transaction costs.
How much does it cost to trade on DEGIRO?
Here's an overview that will give you a thorough understanding of how much it costs (including its commissions, spreads, and associated fees) to trade on DEGIRO.
Fees And Spreads
Talking about its spreads, DEGIRO doesn't mention them specifically. Some ETFs are free to trade once a month (conditions apply), which is great for long-term investors but inconvenient for day traders.
So with that said, let's dive into our comparison:
£1.75 + 0.014% per trade, up to £5.00 for trading (individual) UK-listed shares.
€0.50 + USD 0.004 per share for US markets.
Charges vary between €2.00 + 0.118% to €10.00 + .0168% for European markets.
For exchange-listed investment funds, fees start at €7.50 plus 0.10%.
For non-exchange-listed investment funds fees range upto €75.00 plus 0.10%
Additional Trading Fees
When traders hold positions for more than one trading day, overnight or swap fees will apply.
Note:
For more information on spread betting and the spread fee, please get in touch with DEGIRO support.
Broker Fee
DEGIRO doesn't charge any deposit, inactivity, or withdrawal fees from its traders.
How to start trading with DEGIRO?
DEGIRO does not offer a demo account. However, no minimum deposit is required to gain access (to the platform) or to open a trading account.
Want to start your trading journey with DEGIRO but need to know how to do so? Well, then, you've come to the right spot. All the details related to how to buy on DEGIRO are compiled in the pointers below.
All you have to do is follow the steps listed below, and you'll be trading like a pro in no time.
Navigate to DEGIRO's official website.
Start trading with DEGIRO
Upon arriving, click on the Open Account option.
Start trading with DEGIRO
Following the click, you will be redirected to a page where you must select your country (among the 18 countries mentioned).
Start trading with DEGIRO
After selecting, a registration form will appear on your screen, where you have to fill out your e-mail address, username, and password to set up your trading account.
Start trading with DEGIRO
Once you've furnished your details, verify your e-mail address and login into the system.
After logging in, you will need to provide some personal information (scanning of documents like passport & EU ID) according to your passport and link your DEGIRO trading account with your active bank account.
Start trading with DEGIRO
Start trading with DEGIRO
Start trading with DEGIRO
Start trading with DEGIRO
In addition, as soon as you log in to your trading account, you will be able to access the following options:
Cash withdrawals and account replenishment.
Start trading with DEGIRO
Investment sections.
Transaction history.
Personal data management.
Account and card management.
An example of how to trade on DEGIRO
Here's a simple step-by-step guide that shows you how to buy or sell stocks on DEGIRO.
How to buy stocks on DEGIRO
Head to the official webpage of DEGIRO and access the login page.
How to buy stocks on DEGIRO
After accessing, input your username and password.
How to buy stocks on DEGIRO
Upon furnishing the details, you'll be redirected to the homepage.
How to buy stocks on DEGIRO
The homepage allows you to search for your product (financial instruments) through the search box (at the top right corner of your screen) by entering the name, ISI code, or the ticker symbol.
How to buy stocks on DEGIRO
Select the stock you're interested in, and you'll be taken to that stock's overview page.
How to buy stocks on DEGIRO
On the overview page, you can check the graphs, technical indicators, volumes, total quantity, opening position, and pricing indicators (of that stock).
How to buy stocks on DEGIRO
If you'd like to buy the stock, click on the buy button (green in color).
How to buy stocks on DEGIRO
Upon clicking, an order window will appear.
How to buy stocks on DEGIRO
You will find the bid, asking price, and volume of that stock, on the right side of the order window.
On the left side of the window, you can select the order type.
How to buy stocks on DEGIRO
After selecting the order type, ensure that you fill in all the necessary information, like the price you want to pay for a stock, the quantity you're willing to buy, and the order duration.
How to buy stocks on DEGIRO
Once all the details have been filled in, click on place order.
How to buy stocks on DEGIRO
Wait until the confirmation screen appears. Here, you can review your details and see the estimated transaction cost.
How to buy stocks on DEGIRO
The order will be sent out to the market as soon as it is placed.
How to sell on DEGIRO?
Head to the official webpage of DEGIRO and access the login page.
How to sell on DEGIRO?
After accessing, input your username and password.
How to sell on DEGIRO?
Upon furnishing the details, you'll be redirected to the homepage.
How to sell on DEGIRO?
Head to your portfolio section and select the stock you wish to sell.
How to sell on DEGIRO?
After selecting, you'll be taken to that stock's overview page.
How to sell on DEGIRO?
On the overview page, you can check the graphs, technical indicators, bid price, ask price, bid volume, and the current position (of that stock).
If you'd like to sell the stock, click on the sell button (red).
Upon clicking, an order window will appear.
You will find the bid, asking price, and volume of that stock, on the right side of the order window.
Select the order type on the left side of the window.
After selecting the order type (between limit, market, stop loss, stop limit), ensure that you fill in all the necessary information, like the price you want from your stock, the quantity you're willing to sell, and the order duration (Day order or GTC).
Once all the details have been filled in, click on place order.
How to sell on DEGIRO?
Wait until the confirmation screen appears. Here, you can review your details and see the estimated transaction cost.
How to sell on DEGIRO?
Voila, your stock is sold.
FAQ
Does DEGIRO allow you to buy less than one share?
Currently, DEGIRO does not allow its traders to purchase less than one share at a time.
Is it possible to have more than one account on DEGIRO?
Yes, DEGIRO allows you to open multiple trading accounts.
Can I invest in cryptocurrency with my existing DEGIRO account?
Yes, getting your foot in the crypto market with your existing DEGIRO account is easy.
In what ways can we enhance the security of our DEGIRO trading account?
To enhance your account's security and prevent data breaches, simply enable Google's two-factor authentication in the login process.
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.