DEGIRO Review 2020: Guide to Invest with this Broker + Reviews

Dutch Fin Regulator (AFM): DeGiro customers were at too much risk

TL;DR: If it seems too good to be true.. It typically is. (Dutch regulator on DeGiro, 2016-2020)
News article by Dutch Financial Times, https://fd.nl/beurs/1352431/toezichthouder-klanten-degiro-liepen-te-veel-risico, auto-translated for your benefit:
Price fighter DeGiro started offering investment accounts to individuals in 2012 and quickly gained ground on established competitors with low prices and intensive marketing.
Investors who used online broker DeGiro have run much more risk than they knew.
The AFM supervisor shows in research that the internal organization was not in order behind the scenes.
Investment fund HiQ had an exceptional position that entailed additional risks for private investors.
AFM supervisor gives the largest online broker in the Netherlands a hard blow. For many years, private investors were more at risk with DeGiro than they were told. The broker was already fined € 300,000 for this. On Monday, the Netherlands Authority for the Financial Markets published a scathing investigation report on the state of affairs of the fast-growing broker.
Price fighter DeGiro started offering investment accounts to individuals in 2012 and quickly conquered ground with established competitors with low prices and aggressive marketing. With more than 630,000 account holders, the company is now the largest online broker in the Netherlands.
Complicated game
Now it turns out that the owners of the successful investor platform were playing a complicated game behind the scenes. In addition, DeGiro's private clients were exposed to the risks of a large investment fund with partly the same directors and shareholders as the trading platform: HiQ Invest.
DeGiro guaranteed the trading risks that HiQ assumed, the AFM concludes in the report, which was completed in April 2018. In addition, DeGiro maintained the risk standards that did apply to private customers, not HiQ. Internal mail exchanges show that DeGiro knew this, but did not intervene.
In addition, HiQ Invest received a loan without collateral from DeGiro for millions of euros. The exact amount has been painted black in the AFM report. The loan served as a buffer for times when HiQ was unable or unwilling to meet its margin obligations. That happened regularly in the spring of 2017. At its peak, the deficit rose to over 38% above the officially imposed risk margin. If HiQ had run into problems at the time, the report said, "the funds of other DeGiro clients would be called upon to meet the obligations."
"For example, investors who wanted to get a dime in the front row through DeGiro were unbeknownst to them in the second row." In both cases, if DeGiro or HiQ had toppled, the bill would also have ended up with private customers, because the assets were under one roof, the AFM concludes. For example, investors who wanted to get a dime in the front row through DeGiro were unbeknownst to them in the second row.
Margin obligation
Investment institutions are obliged to keep an eye on all clients to see whether the losses are not too high and, where necessary, to request extra money as a buffer. This margin obligation or balance monitoring obligation should prevent deficits from being uncovered and potentially from other investors.
Adam Rose, CEO of FundShare (the new name of HiQ) says that the AFM report took immediate action in 2018. 'I was then appointed CEO by the board of the holding above DeGiro and HiQ. The first thing we did was to close the affected hedge fund. We also changed the name to FundShare. We then ensured that our fund complies with the rules for money market funds. Since April this year, FundShare is no longer part of the same holding company as DeGiro. '
Years of legal battle
DeGiro and the AFM have been fighting a legal battle for years. This protracted conflict has partly resulted in DeGiro falling into the hands of German competitor Flatex. It has already started transferring portfolios from Dutch customers to German bank accounts.
Last week, the judge ruled that the supervisor rightly tapped DeGiro for careless handling of customer interests. The broker had filed an appeal, but was proved wrong on all fronts by the judge. This was followed on Monday by the publication of a hundreds-page investigation report by the AFM.
The report also shows that HiQ Invest traded in 12,000 different securities. In many cases this happened directly via DeGiro with private customers of DeGiro.
The case itself revolved around whether or not the broker was allowed to hold money from investors in money market funds. Strictly speaking, this is not prohibited, but then the funds used must meet strict requirements. And according to the judge, they did not.
According to a spokesman for DeGiro, the AFM report only describes things from the past. "We have always followed the AFM's recommendations."
AFM report (Dutch): https://www.afm.nl/~/profmedia/files/maatregelen/lasten-onder-dwangsom/2020/onderzoeksrapport-bedrijfsvoering-degiro.pdf?la=nl-NL
submitted by mryeahbaby to eupersonalfinance [link] [comments]

Tesla Stock Hits All Time High as S&P 500 Expectations Rise + Elon Musk Tweets (TSLA)

Tesla Stock Hits All Time High as S&P 500 Expectations Rise + Elon Musk Tweets (TSLA) submitted by vinodjetley to teslainvestorsclub [link] [comments]

Alternative for Degiro/Interactive Brokers for Europeans?

Hi pals!
I know there's tons of threads about what broker to choose, but I can't find any that meets my needs on those threads. I might be looking for the imposible.
I'm currently trading through Degiro and Interactive Brokers (IB from now on). But none of them fully meets my basic expectations, which are:
I see some of you mentioned Trading 212, but they don't let you trade with most of penny stocks I usually trade with.
Any suggestions? Thanks!
submitted by MarceFX to eupersonalfinance [link] [comments]

An alternative for RobinHood in the Europe?

Comision / app similarity or like webull?
submitted by kingVicas to wallstreetbets [link] [comments]

Best Broker for EU for “DayTrading”?

I am frustrated. I used Degiro couldn’t short US stock. Switched to IBKR and someone told me that my funds after a day trade will take 2 days to get settled.And told me that if i open a margin acc i wont be able to day trade more than 3 times a week. Can someone please recommend a broker For EU/UK.
I want to be able to 1)Short US stocks 2)Fees low please like 4-5$max 3) no PDT rule for lower than 25k cuz i only have 4k$ 4) Unlimited day trades(got only 4k$)
Im bout to go nuts someone please help
EDIT: A broker which has limitless securities(most of stocks not just 200assets or smthn)
submitted by OmarTraderwannabe to Daytrading [link] [comments]

DeGiro - Combination Order Issue

I'll admit right off the bat, that I m rather new to stock options and I am trying carefully to see how this all works on DeGiro. So please bare with me and my silly questions.
The story goes as follows. I've placed a put credit spread a while back using their Combination order as specified here: When trading options, can I trade on two legs of an option strategy simultaneously?) for Signify NV with the following legs:
Short Put at 26.5e expiring at 21/8
Long Put at 27.0e expiring at 21/8
As I want them to expire worthless to collect the premium I wake up this morning and check my account. I have a margin call for almost 2.2k. I figure that this is due to the short leg and here comes my confusion. I've placed the combination order so the maximum loss would be the (width of the legs * 100) - premium.
I start calling the custom service and with every call I get confused more and more.
First call I was told that not to worry about it and let it be.
Second call I was explained that this is due to Signify NV being a physically traded and thus the options strategies don't work for those sort of stocks
Third call I was told that this is because the options are stock settled.
So my questions are:
- How can I tell which options/stocks are cash settled or physically settled or stock settled (I am very shaky on this topic)
- Does it mean that the combination order does not work for physically settled options?
- Does it mean that the combination orders work for the cash settled options? And if the short put would have been exercised, my long put would automatically get exercised against it. Meaning that I would not need to have as much margin?
To be honest any info about what happened and why will be highly appreciated
submitted by subsystems to eupersonalfinance [link] [comments]

Why Degiro threaten liquidation when you only hold puts?

I have puts on degiro which are currently OTM. I'm fine with this but degiro is sending me notifications threatening to liquidate my account unless I put more money in. Why am I being asked to put more money into my account to cover options?
submitted by whoisallen to EuropeanOptions [link] [comments]

Degiro Negative EUR MMF, how the heck is it calculated?

I'm not sure how this value is calculated.
The number rises/falls depending on how much assets I've bought or sold.
Right now, I have nearly -5k in EUR MMF, but only 310eur available to trade. Which makes no sense because all the deposits (but the 310eur) are in assets.
Adding balance + mmf == portfolio which doesn't make sense because mmf is negative! And I never bought mmf anything, wth!
I only signed up to this because of Degiro payback ccy devaluations on a cash limit of 2.5k or so.
Someone dumb this down for me, please.
submitted by thelighthelpme to eupersonalfinance [link] [comments]

Margin with Degiro

At a quick look it seems a bit confusing...
Anyone has used margin whit Degiro? The interest seems very low(under 2 %) is that correct?
And if lets say I have 10000 Euro in my account how much margin can I take?
submitted by Cookingmustproceed to EuropeFIRE [link] [comments]

[REVIEW] DEGIRO: untuk orang Indonesia dengan domisili Eropa yang tertarik dengan ETF

Halo halo! Mungkin ini agak OOT karena kasusnya untuk di luar Indonesia, tapi saya rasa informasi ini mungkin berguna untuk orang-orang Indonesia yang sedang merantau ke Eropa (dan sepertinya cukup banyak redittor Indonesia yang berdomisili di luar). Saya sendiri berharap ada informasi seperti ini ketika saya memutuskan untuk memulai investasi tahun lalu.
Tahun lalu ketika saya memutuskan untuk investasi, saya mencari informasi di sub eupersonalfinance. Saya kemudian memutuskan untuk investasi di ETF. Untuk yang belum tahu tentang ETF, itu adalah semacam saham index. Kalau sudah pernah dengar tentang Vanguard, produk mereka sebenarnya adalah ETF. Setelah itu saya harus membuat pilihan mengenai broker yang akan saya gunakan. Saat itu ada beberapa broker yang saya pertimbangkan:
IB adalah pilihan yang menarik karena mereka sebenarnya sudah cukup establish, sayangnya inactivity fee mereka cukup tinggi sehingga tidak cocok untuk yang modal kecil (di bawah EUR 25,000). Trading212 cukup menarik tapi sepertinya kurang banyak review yang meyakinkan. Untuk eToro sendiri sebenarnya cukup menarik terutama karena mereka marketingnya cukup agresif, dan ide social trading membuat ide investasi menjadi lebih gamified dan mudah diakses. Sayangnya seperti-nya fee structurenya kurang jelas sehingga saya pun menghindari jasa mereka. Pilihan saya jatuh kepada DEGIRO. Memang saat itu saya mulai investasi dengan teman yang seorang manajer investasi di Blackrock sehingga saya banyak meminta pendapat dia. Kami berdua pun memutuskan untuk memulai portfolio kami di DEGIRO.

Pendaftaran

Proses pendaftaran DEGIRO sendiri cukup straightforward. Karena DEGIRO hanya bekerja dengan bahasa lokal, saya diarahkan oleh CS untuk membuka akun di DEGIRO Irlandia agar bisa menggunakan bahasa Inggris. Kemudian saya harus menambahkan rekening bank. Hampir semua rekening bank di Uni Eropa (IBAN) diterima kecuali beberapa negara seperti: Bulgaria, Kroasia, Siprus, Estonia, Latvia, Lithuania, Malta dan Romania. Karena kebetulan rekening bank saya memiliki IBAN Jerman, saya bisa membuka rekening tanpa masalah. DEGIRO juga meminta nomor akun pajak, dan karena saya berdomisili di Italia maka saya juga tidak ada masalah. Saya sempat membaca beberapa masalah tentang nasabah yang berdomisili pajak di negara yang tidak terdaftar, katanya setelah beberapa lama mereka harus menutup rekening dengan DEGIRO dan semua posisi mereka harus dijual. Saya sendiri diminta akun pajak sekitar 8 bulan setelah saya mulai berinvestasi.
Selain masalah domisili dan rekening bank, saya juga harus memilih jenis rekening. Ada 2 jenis rekening: custody dan basic.
Karena saya berminat hanya untuk ETF, saya memutuskan untuk mengambil akun custody.

Biaya

Ada beberapa biaya yang harus diperhatikan ketika menggunakan DEGIRO. Untuk detilnya bisa dicek di link berikut:
Secara umum, fee yang harus diperhatikan adalah:
Keuntungan DEGIRO menurut saya adalah tidak adanya inactivity fee. Selain itu deposit dan withdrawal juga gratis, kuran lebih dalam 3 hari kerja.

Pengalaman

Saya sudah memegang posisi ETF di DEGIRO sejak bulan April 2019. Saya sendiri tidak pernah kena masalah dan semuanya cukup lancar. Spread yang ditawarkan cukup masuk akal, dan trading terjadi real time. Selain itu DEGIRO juga menyediakan aplikasi web dan ponsel yang cukup mudah dimengerti dan dioperasikan. Walaupun demikian, saya rasa ketika kapital saya mencapai 25k EUR mungkin saya juga akan bermigrasi ke IB yang sudah lebih established walaupun lebih mahal.

Posisi

Untuk sekarang ini berikut adalah posisi saya, kalau rekan-rekan tertarik dengan portfolio ETF:
Nama ISIN Ticker Expense Ratio Exchange
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) IE00BKM4GZ66 EMIM 0.18% pa Euronext Amsterdam
iShares Core MSCI World UCITS ETF USD (Acc) IE00B4L5Y983 IWDA 0.20% pa Euronext Amsterdam
iShares Nasdaq 100 UCITS ETF (Acc) IE00B53SZB19 CNDX 0.33% pa Euronext Amsterdam
Untuk yang banyak mendengar tentang Vanguard SP500, mungkin akan tertarik dengan CSPX dengan expense ratio 0.07% pa. CSPX adalah produk Blackrock yang mengikuti SP500 dengan tracking error cukup rendah. Alasan saya memilih instrumen tersebut adalah sebagai berikut:
Kalau rekan-rekan perhatikan, semua ETF pilihan saya adalah accumulative yang berarti saya tidak menerima dividen, melainkan dividen akan langsung diinvestasikan kembali di ETF tersebut. Ini saya lakukan sebenarnya karena alasan perpajakan. Expense ratio juga merupakan faktor yang sangat penting dalam pemilihan ETF karena dana ini dimaksudkan sebagai dana pensiun saya sehingga saya memilih biaya sekecil mungkin. Karena ETF sifatnya pasif dan hanya direbalance setahun sekali, biayanya bisa sangat kecil dibandingkan dengan actively managed portfolio.
Semoga bermanfaat! Kalau mungkin disini ada yang tertarik, ini adalah referal link yang akan memberi rekan-rekan gratis 20 EUR transaction credit.
submitted by DefiantAlbatros to finansial [link] [comments]

Degiro Margin

Hi all I have a trading account with degiro and I was curious if I were to use margin for a period of a year + would the interest be much ? Also how often is it deducted? I read the debit securities however it is unclear the way they specify it. Any help would be greatly appreciated.
submitted by diversifier1 to eupersonalfinance [link] [comments]

European broker for penny and OTC

Hi, so degiro is out, as it is not supported in my country. I want to invest around 1k€. My current broker has only about 5% penny stock that are mentioned here and there...
I was thinking about IB but I dont know If I understand it right but to trade pennystock/options I need to be at least 21? (currently 20) (https://www.interactivebrokers.eu/en/index.php?f=1588&p=requirements) and I would liked to have margin account because cash acc. I have to wait for cash to settle about 2 days, I think.
Thanks for help.
submitted by pao3007 to pennystocks [link] [comments]

What exactly is financial transaction tax?

Hi guys hope everyone’s doing well. I was thinking about trying to say trade someone LSE stocks as they’re so volatile at the moment using DEGIRO but as I go to purchase shares one of my estimated fees is “Financial Transaction Tax” which comes to about 0.5% of my transaction value. What exactly is this tax?
Surely daytrading the LSE is unfeasible with such a huge tax rate?
However, one thing that is odd is that the estimated financial tax doesn’t appear to impact my margin.
Thanks for your help in advance!
submitted by wes1b to UKInvesting [link] [comments]

[Austria] The one broker choice thread to finish them all

Servus to all personal finance gurus - I just wanted to ask for your advice and open a bit of a discussion regarding best brokers available in Austria for different uses. I am breaking this post down into three main parts - best brokers for ETFs, casual long-term investment into stocks and day trading. In the future, I personally anticipate all three uses for myself, with a money distribution of something like 65/30/5 percent.
For each of the uses, I am listing the main priorities I have identified and the broker of choice - however, this list is by no means final, and I would very much like to listen to your thoughts and considerations on the matter!
1. ETF broker (looking to invest consistently in S&P + EM, as well as time-to-time into thematic ETFs such as AI, Machine learning etc.) - Flatex
What I prioritise:
Other existing options: conventional banks like Erste (too expensive), Trade Republic (has a Sparplan, still not open in Austria, not steuereinfach), DADAT/Hello Bank (too few ETFs to choose from)

2. Long-term stock portfolio broker (to invest consistently in a portfolio of 10-15 companies for a long term, with sums under 1000EUR pro transaction) - Degiro or Trading 212? Both non-steuereinfach, both low-cost (T212 is no-commission) - which would you recommend and why? (or maybe even Flatex?)
What I prioritise:
Other existing options: Flatex (steuereinfach, but expensive (up to 5,90 per trade)), Revolut (using it currently, but the spreads seem bad, there are no limit orders etc., there are reports of users getting locked out for weeks, as well as reports of app malfunctioning when trading volumes go up), Interactive Brokers (Inactivity fees).

3. Day-trading or option broker (looking to have some fun with trading on short term-basis, ready to lose the entire deposit for the sake of learning) - Trading 212
What I prioritise:
Other existing options: Flatex (steuereinfach and has a day trader flat fee account), Interactive brokers (seems very 1990s from their website), Degiro (almost the same as T212, seems to have a more limited CFD/options array, short position and leverage fees are higher)
  1. Bonus level - Crypto trading (never tried yet, may be up for some signal-based day trading + a small speculative investments portfolio) - Binance. Priorities: a secure platform + low fees.

I would be incredibly grateful for any analysis / critique of the above - and let’s together make the definitive list that all our Austrian co-redditors could use!
submitted by a-rain-in-rotterdam to Finanzen [link] [comments]

Broker (degiro) changing margin requirements daily?

Just wondered what you thought of this. I use Degiro and I typically trade with some amount of leverage. I very carefully calculate how much leverage is safe for me to use and never trade with more leverage than I can afford to cover if need be.
However, in the last week Degiro has changed their margin requirements daily without any prior warning and they have informed me that they'll continue to do this as they see fit.
This has meant that despite trading within my personal limits, I have had deposit money I otherwise wouldn't have had to remain within comfortable thresholds.
I understand this is one of the many risks of trading on margin, but this seems extremely unprofessional and has basically made it impossible for me to manage risk because today I might have 50% leverage and tomorrow I might have 20%.
Is this practise even legal? My mortgage provider allowed me to borrow £100,000 for my home, but I couldn't imagine my mortgage provider being legally able to change that allowance after I've purchased my home.
submitted by kriptonicx to stocks [link] [comments]

Degiro introducing £2.20 a month subscription model for US stock trading!

I'm sure this won't impact that many people here, but it certainly helps me a lot!!
From an email:
Companies like Spotify, Netflix and Amazon provide unlimited music or movies for a fixed amount per month. Starting in March 2020, we will also offer this model for trading! This model will initially be offered for US stocks. For just £2.20 a month, you will have the possibility to trade without transaction costs and connectivity fees.
This is great, great news. I only hope it is full US universe, as if so, it kills FreeTrade - plus degiro has proper trading with limit orders / stop loss and (some) margin!
Obviously of no relevance if you don't trade frequently!
submitted by hxc_ to UKPersonalFinance [link] [comments]

[Austria] The one broker choice thread to finish them all

Servus to all personal finance gurus - I just wanted to ask for your advice and open a bit of a discussion regarding best brokers available in Austria for different uses. I am breaking this post down into three main parts - best brokers for ETFs, casual long-term investment into stocks and day trading. In the future, I personally anticipate all three uses for myself, with a money distribution of something like 65/30/5 percent.
For each of the uses, I am listing the main priorities I have identified and the broker of choice - however, this list is by no means final, and I would very much like to listen to your thoughts and considerations on the matter!
1. ETF broker (looking to invest consistently in S&P + EM, as well as time-to-time into thematic ETFs such as AI, Machine learning etc.) - Flatex
What I prioritise:
Other existing options: conventional banks like Erste (too expensive), Trade Republic (has a Sparplan, still not open in Austria, not steuereinfach), DADAT/Hello Bank (too few ETFs to choose from)

2. Long-term stock portfolio broker (to invest consistently in a portfolio of 10-15 companies for a long term, with sums under 1000EUR pro transaction) - Degiro or Trading 212? Both non-steuereinfach, both low-cost (T212 is no-commission) - which would you recommend and why? (or maybe even Flatex?)
What I prioritise:
Other existing options: Flatex (steuereinfach, but expensive (up to 5,90 per trade)), Revolut (using it currently, but the spreads seem bad, there are no limit orders etc., there are reports of users getting locked out for weeks, as well as reports of app malfunctioning when trading volumes go up), Interactive Brokers (Inactivity fees).

3. Day-trading or option broker (looking to have some fun with trading on short term-basis, ready to lose the entire deposit for the sake of learning) - Trading 212
What I prioritise:
Other existing options: Flatex (steuereinfach and has a day trader flat fee account), Interactive brokers (seems very 1990s from their website), Degiro (almost the same as T212, seems to have a more limited CFD/options array, short position and leverage fees are higher)
  1. Bonus level - Crypto trading (never tried yet, may be up for some signal-based day trading + a small speculative investments portfolio) - Binance. Priorities: a secure platform + low fees.

I would be incredibly grateful for any analysis / critique of the above - and let’s together make the definitive list that all our Austrian co-redditors could use!
submitted by a-rain-in-rotterdam to eupersonalfinance [link] [comments]

Help - I don't know what broker to choose

I have a custody account on DeGiro and I have been investing in some ETFs for almost 2 years, now I want to diversify between platforms so I am thinking to open a new account and also because now I'm living in Denmark (DeGiro is available) but I'm planning to move back to Romania.
I am looking for a broker that has low/free fees, is well established and has a big variety of stocks/bonds and ETFs.
I read some reviews about Interactive Brokers and Trading 212 but I feel I'm missing something.
So my questions for you guys are:
1) What are the fees that you pay with your broker ?
2) Can I have a cash account on Trading 212 (I do not want to use margin) ?
3) What broker do you recommend for long term (10+ years) investment?
4) Can I buy fractional share on a cash account on IB?
5) Are there any "hidden fees" on IB or T212?
submitted by radugeorgee to eupersonalfinance [link] [comments]

Tempistiche iscrizione DEGIRO

La mia app di trading (dalla quale già non ero esaltato) ha praticamente smesso di funzionare, no biggie visto che non avevo nulla nel portafoglio al momento, così ho deciso di passare a DEGIRO di cui sento sempre cantare le lodi, perché piuttosto che pagare 20 euro di commissioni tra acquisto e vendita a BPM mi taglio le vene, completo l'iscrizione e mi appare il messaggio "stiamo verificando il tuo CC bla bla bla ci metteremo al massimo 2 giorni lavroativi", passano i 2 giorni e il messaggio è uguale ma il 2 è stato prontamente sostituito da un 5, penso che sia normale visti i casini che stanno succedendo, arriviamo al 5° giorno e si passa a 10 giorni di attesa, ora, non ho fretta perché al momento più aspetto e maggiore è il margine di guadagno nell'acquisto di azioni, ma DEGIRO ha fatto qualche affermazione ufficiale sulla soluzione a questo flusso di utenti ? Per quelli di voi che lo usano la app funziona normalmente adesso o è diventata anch'essa inutilizzabile e sto perdendo tempo ? Nel caso sono aperto a valutare altre opzioni se sapete di piattaforme di trading con commissioni non troppo elevate, ma arrivati a questo punto mi sentirei un po' preso in giro passando a un'altra piattaforma.
submitted by Luck88 to ItaliaPersonalFinance [link] [comments]

Am I doing something wrong or is degiro clunky?

Hello, I recently started using degiro as my go to broker but Im finding difficulties placing orders. I send my money which I understand takes a hwile using bank account transfer, but once the money arrives to degiro I wait until the balance moves to "Available to trade" section. The thing is, even then when Im trying to place an order (limit order), degiro says Im trying to spend more money than I have Available (2 eur which was the rest from past transaction) as if I had no money balance yet even though on my portfolio its already updated..
Does this happen a lot? Is there any any around it or just wait it out some more?
UPDATE: it resolved after some time automatically but still was confusing as to why the money showed as ready to spend
submitted by engineerahead to eupersonalfinance [link] [comments]

Degiro Questions

Hello, I have already contacted Degiro hoping to get some questions I have answered before opening an account with them, to no avail. So I am turning to you to get them answered.
I am interested about investing in futures contracts and confidently express that I understand the risks of doing so.
On Degiro's website they describe the routing of the majority of futures contracts directly to the exchange and the rest are routed through Societe Generale. The latter, the indirect routing, using SocGen, does it have any latency / delay when placing or closing an order? If so, what amount of time is that delay and does this routing implies more commissions costs to me as an user?
The futures contracts that interest me are traded in the exchanges: cme, comex e nymex. So, with Degiro do I have access to all listed futures in these exchanges? Is there any restriction to symbols? If so, which?
Regarding the account creation to this type of investiments, do I need any special requirement to do so or can I create a new account and futures are already available to me? What is the final commission cost for trading futures contracts from the exchanges referred above? What is the minimum deposit to open the account? What are the margin requirements for the multiple futures of those exchanges?
Thank you for your time.
submitted by Chuck_Awesomest to investing [link] [comments]

[BE] Here is portfolio. I look forward to your comments, answers and suggestions

Hello all,
I am a Romanian citizen, living in and fiscally resident in Belgium. Two years ago I started to educate myself about investing and I started investing part of my small savings. I built a portfolio of about 22,000 euros. I am using Degiro, on their Irish website as I wanted a platform in English.
I tried to built a diversified portfolio and at the same time to invest in fields that I was hoping will continue to grow (IT, robotics). I would like to invest long term but I would also be interested in obtaining short term gains, if/when possible.
This is the distribution of my portfolio:
iShares Core MSCI World UCITS ETF - 41%
ISHARES EUROSTOXX MID UCITS ETF -15%
VANGUARD INFORMATION TECHNOLOGY ETF - 14%
SPDR S&P EO DIVID.ARISTOCR.ETF - 11%
ISHSIV-AUTOMATION&ROBOT.U.ETF - 11%
AMUNDI ETF EM ASIA - 8%
- How does it look? Do you have any suggestions in terms of the ETF distribution or the ETFs ? I’ve seen that many recommend to have 2-3 ETFs. Is there a downside with having more ETFs (besides paying the 2,5 euros per exchange fees to Degiro)?
- When I started to invest I didn’t know that it’s apparently better to go for accumulating ETFs rather than distributing ones so I have 2-3 distributing ETFs. Is the difference so important for someone residing in Belgium and given that in any case I invest ‘manually’ the dividends received? Would I need to pay as taxes 30% of the dividends I got, even if the value of the dividends is small (20-30 euros)? I have declared the dividents I received but I am not sure how this works.
- Do you have any idea if/how I could see the dividends paid by the accumulating ETFs? Degiro seems to show only the distributing ones and the dividends of the accumulating ETF would in any case be too small to buy even a single unit of those accumulating ETFs.
- My most successful investments has been my fist one, VANGUARD INFORMATION TECHNOLOGY ETF, which I cannot buy since a while due to the new European regulations. Do you have any suggestion with what I could replace it? Do you have any suggestions of ETFs or other products I should consider?
- Timing of new purchases. Since 2-3 months ago, the market has gone visibly down, basically cancelling almost all the gains I had made since I started investing. I know that timing the market is not recommended but given that many people expect a bear market and that they usually last about 1 year, is it not better to wait some months and buy later, say in 5-7 months from now, at lower prices?
- Does any of you have experience with day trading from Belgium? Is that something worth considering/educating myself about or not really worth it? I am not really comfortable with the idea of margin trading or shorting stock, because I don't want to lose my hard-earned money and because I don't have any experience going short/using margin. Moreover, what are the chances of earning in a bear market?
Sorry for the long post. I hope you can help me with at least some of my questions.
Thank you!
Edit1: Sorry for the missing article in the title.
submitted by Ro99 to eupersonalfinance [link] [comments]

Degiro Review 2020 - Pros and Cons Uncovered - YouTube Degiro options trading tutorial - YouTube How to trade on Degiro DEGIRO Tutorial - YouTube Trading with Degiro Tutorial 2 - Shorting Stocks, CFDs, US ...

DEGIRO's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week). Let's break down the trading fees into the different asset classes available at DEGIRO. Trading fees. DEGIRO's trading fees are low. Stock fees and ETF fees. DEGIRO has low stock trading fees. A DEGIRO trading account can be considered an extension of your bank account, through which it is possible to have access to exchanges worldwide and to hold the purchased instruments in your portfolio. The opening, maintenance and closing of the account is completely free. ... Regarding the margin required for trading futures, both for ACTIVE ... Degiro are an online broker founded in 1934 offering Share Dealing trading, Investment Fund trading trading, ETF Trading trading, Futures Trading trading, Leveraged Products trading, Bonds trading, Options trading, and Warrants trading.. Degiro are a global broker and have a head office in Netherlands.. Degiro have a listed stock symbol. This means that Degiro have publically listed and you ... Access global exchanges anytime, anywhere, and on any device. Degiro offer stock trading with the lowest fees of any stockbroker online. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. DEGIRO is an online broker based in the Netherlands. They provide a share dealing service only – but at a very low cost. This review answers trader questions on things like dealing costs, minimum deposits, account types and the trading platform itself, read on to discover whether you should sign up to DEGIRO today.

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Degiro Review 2020 - Pros and Cons Uncovered - YouTube

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