Is DEGIRO safe?
DEGIRO is regulated by BaFin and 1 more authority, keeps client funds in segregated accounts, and clients are covered by EdB (€100,000 cash; 90% up to €20,000 securities).
Operating: 1 of 2 register entries holds a live authorisation as of 2026-09-17; the rest no longer take new clients.
Verdict based on verified regulatory data below. We are not affiliated with regulators.
Legal entities behind DEGIRO
Each row is one register card, read on the date shown. A brand can span several licences with different statuses — the one you contract with decides your protection.
| Entity | Regulator | Reference | Status | Verified |
|---|---|---|---|---|
| flatexDEGIRO Bank SE | BaFin · Germany | BaFin-ID 10119766 | AuthorisedRegister wording: CRR-Kreditinstitut, Kreditinstitut, Kryptowertedienstleister, SSM-InstitutDEGIRO operates as the Dutch branch of this German bank. DNB registers the branch (R182877) for integrity supervision only and states that its deposits are not covered by the Dutch deposit guarantee scheme; the bank is supervised in Germany. | 2026-09-17 |
| DEGIRO B.V. | FCA · United Kingdom | FRN 595455 | No longer authorisedRegister wording: Cancelled · since 18/07/2023 | 2026-09-17 |
Register records for all brokers (CSV, JSON) · Register change log
Why this broker scores 75/100
Full methodology →⚠ 1 axis accounts for 25 of 25 lost points
How safe is your money
Segregated client accounts
Client funds held separately from operating capital. Required by regulator.
Investor compensation: EdB (€100,000 cash; 90% up to €20,000 securities)
If broker becomes insolvent, your covered assets are reimbursed up to the scheme's limit.
Publicly traded company
Listed on a regulated exchange — financials are public.
18 years of operations
Founded 2008. No major regulatory actions on record.
No negative balance protection
Account can go negative on a margin call — broker may chase you for the deficit.
Independent reviews
What could go wrong
- Not available in CIS countries — EU/UK residents onlyDEGIRO does not accept clients from Kazakhstan, Ukraine, Georgia, Belarus, Uzbekistan or Turkey. CIS investors should consider Interactive Brokers or Tickmill.
- No fractional shares — each position requires the full share priceYou cannot buy $50 of NVDA at ~$130 per share. For portfolios under $5k, this limits diversification. Contrast with eToro and Trading 212, which both offer fractional shares: from $10 at eToro, from €1 at Trading 212's EU company.
- Platform UI has not kept pace with newer entrantsFunctional and stable, but the desktop and app design is visibly older-generation. No integrated research, no screener, no social layer. Pure execution tool.
- Compensation caps at €20,000 — below FCA (£85k) / SIPC ($500k)Investor compensation tops out at the listed cap — well below the FCA (£85k) or SIPC ($500k). Matters most if your balance exceeds it.
- No negative balance protectionA bad gap-down can leave you owing the broker
Frequently asked questions
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Is DEGIRO still operating, or closing down?
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What happens if DEGIRO goes bankrupt?
How we verified this review
Every fact below is verified against primary sources. We refresh on a schedule and on reader feedback.