DEGIRO is not scam
The reason: DEGIRO is considered reliable as it is regulated by the top-tier German regulator, called BaFin.
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Other factors ensuring that DEGIRO is not a scam
See whether DEGIRO clients are entitled to investor protection in the event that DEGIRO goes bankrupt:
| DEGIRO investor protection | |
|---|---|
| Investor protection amount: | €20,000 for securites (+all cash held on the DEGIRO Cash Account up to €100,000) |
There are other factors you can check to make sure DEGIRO is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | Netherlands |
| 📅 Foundation date | 2,008 |
| 🏛 Banking background | Yes |
| 📈 Listed on exchange | No |
| 🗺️ Broker ownership is transparent | Yes |
| 👔 Broker management is transparent | Yes |
| 📋 Read more | Check out the DEGIRO review for 2023 |
Is DEGIRO scam?
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