Is DEGIRO safe?
DEGIRO is regulated by BaFin and 1 more authority, keeps client funds in segregated accounts, and clients are covered by DGS (€100,000 cash) + EdW (€20,000 securities).
Verdict based on verified regulatory data below. We are not affiliated with regulators.
Who regulates DEGIRO
Licenses held, with registry numbers where public
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: DGS (€100,000 cash) + EdW (€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 or Uzbekistan. CIS investors should consider eToro (broad CIS availability) or J2T (CySEC, CIS-friendly KYC).
- 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/£1.
- 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.
- No negative balance protectionA bad gap-down can leave you owing the broker
- No fractional sharesLocks out smaller portfolios from high-priced names like NVDA or BRK.A
Frequently asked questions
Is DEGIRO regulated?
Is DEGIRO legit or a scam?
Is my money protected at DEGIRO?
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.