DEGIRO Withdrawal Guide
As a platform that was created with the purpose of becoming one of the most cost-effective brokers on the market, Degiro is a popular investment platform used in various countries across the globe. Based in Amsterdam, the platform was initially launched in 2018. Since then, many things have changed. However, the platform has always allowed limited ways to deposit and withdraw from the platform. That said, here is a closer look at the withdrawal process.
DEGIRO Withdrawal Methods, Speed, and Fees
When it comes to withdrawal methods, you are limited in the methods on Degiro. Here is a closer look at the withdrawal methods accepted by Degiro.
| Method | Speed | Fee | |
|---|---|---|---|
| Bank cards | No | N/A | N/A |
| Wire transfer | Yes | 1-Day | No |
| Payment services | No | N/A | N/A |
| Crypto | No | N/A | N/A |
How to Withdraw Money From DEGIRO
Before you can withdraw funds from your account, you must have a primary registered Degiro bank account.
Start the process: To begin the process, click on “Deposit/Withdraw,” which is located in the upper right corner of the trading platform.
Confirm account details: Next, you must confirm your account details before your withdrawal can be approved.
Submit withdrawal: After that, you need to confirm the withdrawal amount and submit the withdrawal.
Wait for the transfer: The transfer typically takes one day to process; you receive your funds within 2-4 business days.
10 Best Online Brokers For Stock TradingWhat is DEGIRO Minimum Withdrawal Amount?
You can withdraw any amount that is on your Degiro account. However, if your bank charges fees, you need to be mindful of this before making the transfer.
What are DEGIRO Withdrawal Currencies?
You must withdraw your Degiro funds in the same currency in which you made your deposit.
However, Degiro accepts the following currencies:
CHF
DKK
GBP
NOK
SEK
EUR
CZK
PLN
HUF
FAQ
Can I change the currency of my account?
No, changing the base currency of your account is not permitted.
How do I withdraw the funds from my account?
To withdraw your funds from DEGIRO, simply click on Deposit/Withdraw, which is located in the upper right corner of the trading platform.
Can I transfer through a third-party service?
No, that option is not available. The platform only allows bank-to-bank transfers.
Why do I keep getting an error message when I try to withdraw my total balance?
If you are having trouble withdrawing your full balance, it’s likely because you can only withdraw uninvested cash or the funds held in your Cash Account.
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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.
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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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