Overview of DEGIRO fees and charges
It's safe to say that DEGIRO's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use DEGIRO even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of DEGIRO's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | €1 per trade (€0.00 commission plus a €1 handling fee) |
| EURUSD fee | - | Not available |
| US tech fund fee | Low | €3.9 and 0.2% annual administration fee |
| Inactivity fee | Low | No inactivity fee |
DEGIRO fees
DEGIRO fees explained
We compare DEGIRO fees with its closest competitors, Interactive Brokers and Saxo Bank.
DEGIRO fees
DEGIRO trading fees
DEGIRO's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at DEGIRO.
Trading fees
DEGIRO's trading fees are low.
Stock fees and ETF fees
DEGIRO has low stock trading fees.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| US stock | $1.0 | $1.0 | $10.0 |
| UK stock | $3.1 | $3.4 | $9.0 |
| German stock | $4.9 | $3.0 | $9.9 |
Fund fees
DEGIRO fund fees are low.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| Mutual fund | $3.9 | $15.0 | $0.0 |
| EU mutual fund | $10.3 | $4.4 | - |
Bond fees
DEGIRO has low bond fees.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| US Treasury bond | - | $5.0 | $79.2 |
| EU government bond | $3.0 | $10.0 | $79.2 |
Options fees
DEGIRO's options fees are low.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| US stock index options | $7.5 | $6.5 | $30.0 |
| UK stock index options | - | $19.2 | $28.3 |
| German stock index options | $8.9 | $16.8 | $39.6 |
Futures fees
DEGIRO's futures fees are low.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| US micro e-mini stock index futures | $7.5 | $2.5 | $40.0 |
| UK stock index futures | - | $19.2 | $33.9 |
| German e-mini stock index futures | $7.4 | $7.9 | $39.6 |
Financing rates
DEGIRO financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| Apple CFD financing rate | - | 5.3% | 7.3% |
| Vodafone CFD financing rate | - | 4.5% | 5.7% |
| EURUSD financing rate | - | 2.7% | 3.4% |
| EURGBP financing rate | - | 2.1% | 2.4% |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
DEGIRO will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: Auto FX conversion is 0.25% mark-up, manual conversion is 10.00€ + 0.25% of the amount converted.
DEGIRO fees
DEGIRO non-trading fees
When it comes to looking at all the non-trading fees DEGIRO is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at DEGIRO that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | Yes |
| Account fee | No | No | No |
DEGIRO fees
DEGIRO deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and DEGIRO is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods DEGIRO offers.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | Yes |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
DEGIRO fees
DEGIRO withdrawal fee
Unlike some online brokers we have reviewed DEGIRO does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| DEGIRO | Interactive Brokers | Saxo Bank | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | Yes |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
DEGIRO fees
DEGIRO inactivity fee
DEGIRO does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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