DEGIRO Demo Account doesn’t have a demo account, this doesn’t mean traders can’t train their skills with lower costs. One of the primary advantages of DEGIRO is its low fees.
DEGIRO at a Glance
| 🔎 Broker's Name | DEGIRO |
| 📍 Headquartered | Amsterdam, Netherlands |
| 📅 Year Founded | 2008 |
| ⚖️ Regulating Authorities | Amsterdam, Netherlands |
| 🌐 Countries not accepted for trade | Canada, North Korea, Syria, South Sudan, US, UK, and Yemen |
| ☪️ Islamic account (swap-free) | ❌ No |
| 👍 Demo Account | ❌ No |
| 🎉 Sign-Up Bonus | ❌ No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 50:1, 100:1, or 500:1 |
| 💰 Minimum Deposit | No minimum prescribed |
| 💳 Deposit Options | Wire Transfer, Visa, MasterCard, Bank guarantee, BTC, E-Payment |
| 📈 Total Pairs | 9 |
| 💻 Platform Types | DEGIRO Mobile. |
| 📱 OS Compatibility | Windows Phone, Android, iPhone |
| 📈 Tradable assets offered | · Forex · Major Indices · CFDs · Precious Metals · Oil · Commodities · CFD Stocks |
| 👨💼 Languages supported on Website | English only |
| 👥 Customer Support Languages | English only |
| 📆 Customer Service Hours | 24 hours per day 5 days per week |
| 👉 Open a account | 👉 Click Here |
Choose your quick section of our DEGIRO Demo Account below.
DEGIRO Demo Account – 8 Key Point Quick Overview
DEGIRO at a Glance- DEGIRO Demo Account – 8 Key Point Quick Overview
- DEGIRO Demo Account Overview
- How to set up a DEGIRO Demo Account – Step by Step
- DEGIRO Customer Reviews
- DEGIRO Pros and Cons
- Conclusion
- Frequently Asked Questions
DEGIRO Demo Account Overview
Degiro unfortunately does not offer traders the option to open a demo or practice account. A demo account is usually provided as a practice account for beginner traders and for traders who want to evaluate and compare brokers and would like to explore trading conditions in a risk-free environment.
How to set up a DEGIRO Demo Account – Step by Step
Unfortunately, Degiro does not offer new traders the option to open a demo account.
Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading, and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.
The absence of a demo account with Degiro could be a severe drawback for beginners because simulation accounts are especially useful when it comes to honing trading skills without having to risk your own capital. Fortunately, in the absence of high minimum deposit requirements newcomers can start trading penny stocks until they have the confidence to begin risking larger amounts.
Seasoned traders who have a good idea of what they are doing may not be dissuaded by the absence of a demo account either.
A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what a broker has to offer.
DEGIRO Customer Reviews
Very happy with the platform
Very happy with the platform. Easy to use. Also very cost-friendly.
this broker cares about you
I love this broker it really helps you when you are new in the market and you have to do a test to make an account so you know if you are ready.
en if you want to trade in really tiny companies or oil or gas you have to take other tests.
so the conclusion is that they care about the people who use it and they don`t want them to make stupid decisions.
Good platform – I like it!
So far so good! It is pretty clear and easy to understand. The costs are low. My investigations seem to confirm that the company behind it is stable. I like it.
DEGIRO Pros and Cons
| ✔️ Pros | ❌ Cons |
| Broker is properly regulated in Europe | Education section could be more comprehensive |
| Comprehensive range of markets and products | High trading fees |
| Easy to open an account | Limited workspace customisation |
| Low commission and other fees | No debit/credit card deposits/withdrawals, bank transfer withdrawals only |
| No inactivity or account fees | No demo account |
| Reliable customer service | No forex trading |
| Secure login (two-step authentication) | No Islamic Account |
| Several account types for various levels of trading | No price alerts |
| Several base currencies to choose from |
Conclusion
DEGIRO Demo Account although DEGIRO doesn’t have a demo account, this doesn’t mean traders can’t train their skills with lower costs. One of the primary advantages of DEGIRO is its low fees. The broker can be a good place for traders to trade on cheap stocks with low fees if you’re still building your confidence as a trader. We suggest keeping order sizes low to avoid unnecessary risks and limit losses while training.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account as is offered by broker companies like Degiro is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account that needs to be funded with the customer’s own real money.
Does Degiro offer a demo account?
No.
How long is the demo account valid?
No demo account is available.
Which live trading accounts does Degiro offer?
- Custody Account
- Basic Account
- Active Account
- Trader Account
- Day Trader Account
Does Degiro offer an Islamic Account?
No.
What are the available deposit currencies for a live trading account?
CHF, DKK, GBP, NOK, SEK, EUR, CZK, PLN, and HUF.
