All Share (J203) = 90 196
Rand / Dollar = 18.14
Rand / Pound = 23.53
Rand / Euro = 19.76
Gold (usd/oz) = 3 030.69
Platinum (usd/oz) = 991.09
Brent (usd/barrel) = 70.59
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

DEGIRO Minimum Deposit

DEGIRO Minimum Deposit
 

DEGIRO Minimum Deposit is $0. This is good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

DEGIRO at a Glance

 

🔎 Broker's NameDEGIRO
📍 HeadquarteredAmsterdam, Netherlands
📅 Year Founded2008
⚖️ Regulating AuthoritiesAmsterdam, Netherlands
🌐 Countries not accepted for tradeCanada, North Korea, Syria, South Sudan, US, UK, and Yemen
☪️ Islamic account (swap-free)❌ No
👍 Demo Account❌ No
🎉 Sign-Up Bonus❌ No
📊 Managed AccountsYes
📈 Maximum Leverage50:1, 100:1, or 500:1
💰 Minimum DepositNo minimum prescribed
💳 Deposit OptionsWire Transfer, Visa, MasterCard, Bank guarantee, BTC, E-Payment
📈 Total Pairs9
💻 Platform TypesDEGIRO Mobile.
📱 OS CompatibilityWindows Phone, Android, iPhone
📈 Tradable assets offered·         Forex

·         Major Indices

·         CFDs

·       Precious Metals

·         Oil

·         Commodities

·         CFD Stocks
👨‍💼 Languages supported on WebsiteEnglish only
👥 Customer Support LanguagesEnglish only
📆 Customer Service Hours24 hours per day 5 days per week
👉 Open a account👉 Click Here

 

Min Deposit

USD 0

Regulators

FINRA

Trading Platform

DEGIRO Mobile

Crypto

No

Total Pairs

9

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our DEGIRO Minimum Deposit below.

 

DEGIRO Minimum deposit – 6 key points quick overview:

 

  1. ✔️DEGIRO Minimum Deposit
  2. ✔️DEGIRO Deposit fees and deposit methods
  3. ✔️DEGIRO Step by step guide to depositing the minimum amount
  4. DEGIRO Pros and Cons
  5. Conclusion
  6. Frequently Asked Questions

 

Here is our overview of the DEGIRO DSMinimum deposit as well as the pros and cons as well as features that are offered to traders.

 

DEGIRO Minimum Deposit

 

DEGIRO Minimum Deposit

 

Degiro has no minimum deposit requirement so a trader can open an account with only $0.This minimum deposit amount was equivalent to ZAR 0 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing. Degiro’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

DEGIRO Deposit fees and deposit methods

 

DEGIRO Deposit fees and deposit methods

 

Compared to other brokers, the lack of a minimum deposit requirement from DEGIRO  when traders register a live account is quite beneficial.

DEGIRO offers traders only one payment or deposit method which can be used when funding accounts. Withdrawals usually must be returned to the same bank account.

DEGIRO only accepts wire transfers as a deposit method.

DEGIRO  does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.

CHF, DKK, GBP, NOK, SEK, EUR, CZK, PLN, and HUF are accepted as Deposit currencies.

Traders must ensure that they verify whether their financial institution charges its own fees.

 

DEGIRO Step by step guide to depositing the minimum amount

 

Traders can fund their accounts by sending the funds to one of the Degiro segregated clients’ accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

Funds must be transferred in the same currency as the bank account to which they are sending it to, to prevent currency conversion fees from being charged.

 

DEGIRO Step by step guide to deposit the minimum amount

 

Min Deposit

USD 0

Regulators

FINRA

Trading Platform

DEGIRO Mobile

Crypto

No

Total Pairs

9

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

DEGIRO Pros and Cons

 

✔️ Pros❌ Cons
Broker is properly regulated in EuropeEducation section could be more comprehensive
Comprehensive range of markets and productsHigh trading fees
Easy to open an accountLimited workspace customisation
Low commission and other fees No debit/credit card deposits/withdrawals, bank transfer withdrawals only
No inactivity or account feesNo demo account
Reliable customer serviceNo Islamic Account
Several account types for various levels of tradingNo price alerts

 

Conclusion

 

The DegiroMinimum Deposit is $O. This is good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

You might also like: Degiro Review

You might also like: Degiro Account Types Overview

You might also like: Degiro Demo Account – Step by Step

You might also like: Degiro Fees and Spreads

You might also like: Degiro Sign up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account with Degiro?

The broker has no minimum deposit requirement and an account can be opened with any amount.

 

How do you make a deposit and withdraw money with Degiro?

Degiro offers only wire transfers as a deposit and withdrawal method. Monies will usually only be refunded to accounts in the same name as the trading account.

 

Does Degiro charge withdrawal fees?

No, Degiro does not charge withdrawal fees.

 

How long does it take to make a withdrawal?

The broker promises that all withdrawn amounts are sent via bank transfer within three business days, however, most transactions are processed within one business day.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 20, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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