Is degiro safe reddit. Second, the interface is terrible.

Is degiro safe reddit Neste momento a DEGIRO tem comissão mínima de 1€ para cada transação desses ETFs. I have both brokers and I prefer DeGiro's interface. When the amount is significant again, you can perform the same process again. Tenho tentado perceber o real custo de ter estes activos na DEGIRO, que recentemente teve um aumento Porque posso também abrir conta na XTB e começar a fazer a carteira/o portefólio lá. It pays dividends every month so you can reinvest. A degiro NÃO É UM BROKER TRADICIONAL e portanto não tem a mesma segurança. DeGiro is a safe trustworthy exchange, as are most that are registered and audited in/by the EU (or member states). Tradegate. Tax wise, money wise, and security as I don't want to lose acces to it. Inderdaad, tot 20K ben je in zoverre ‘safe’ bij deGiro maar daarboven is het nog maar de vraag als ik mij niet vergis. The only case when customers assets could be lost (so 20k protection would be actually needed) is if Degiro are outright crooks and the numbers you see on the dashboard are fiction. It is the process for US brokers, don’t know about EU brokers though. Join our community and get on top of your finances! Degiro has received some criticism for its internal administrative processes by its financial regulator, and steps were taken to correct it. DeGiro had solved this by putting your money directly in a monetary fund. Degiro is based in the Netherlands, and due to the legislation there are not allowed to keep cash as they are not a bank. Maximum Portfolio amount safe to keep in Degiro So long story short, back in 2020 around December I've decided to open a DEGIRO account to do some "trading" (gambling). The only risk with degiro is the fact that they do lent your stocks to short-sellers in order keep costs low, this means if both Degiro and the entity they let your stock to go bust at the same time, then yes you would lose your money this is a quite unlikely event, mostly because degiro is very strict with the requirements to access to A discussion forum for advice on personal finance in EU countries. DEGIRO zal deze taks bij u inhouden en afdragen aan de Belgische belastingdienst. Recently there is now an annual fee of 2. Switchen van DeGiro naar ING . Nexo is the world’s leading regulated digital assets institution. It seems Degiro shows only ETFs from European exchanges. De sub richt zich op klussers die advies nodig hebben, trots zijn op een project of handige filmpjes willen delen. The Kraken team will never Apologies for another broker post, I tried searching the subreddit for it but we all know how well Reddits search engine works. Go to DEGIRO r/DEGIRO. My broker options are only IB and degiro. r/DEGIRO Q&A -- **New Traders**: See the Options Questions Safe Haven weekly thread Members Online. Due to this, most people are safe in Learn about budgeting, saving, getting out of debt, credit, investing, taxes, and retirement planning in the Republic of Ireland. Stocks should always be safe since it's held in a Once you understand investing than i would say you are reading and can start to watch more Degiro specific information such as info on tis reddit and the like of youtube channel talking about degiro (Finance with ben for example) Learn about budgeting, saving, getting out of debt, credit, investing, taxes, and retirement planning in the Republic of Ireland. Current Plays and Ideas -- Q&A -- **New Traders**: See the Options Questions Safe Haven weekly thread DEGIRO uses omnibus accounts to hold clients assets. airdrop collection, website, blog, sub or channel. I’d suggest you to try moving a small position from DEGIRO to IBKR first. Unfortunately, you can’t transfer your invested shares to between these two brokers. The problem is that this ETF is in USD. A Degiro account cannot replace Interactive Brokers account. 🚫 Driving behaviour can trigger a lot of anger and frustration, don't take it out here. IWDA on DeGiro - Is it safe of could i lose it all NOOB QUESTION 💡 Hi, forum of the wise! I have a question concerning my ETF (IWDA) on DeGiro: I have been buying 10 IWDA a month, as soon as my salary hits my account. Or check it out in the app stores If you go on Degiro or IBKR's website they'll have a section about 'client assets' and explain how they keep your stocks. DeGiro antwoord met dit: Dit laatste gaat voornamelijk over de manier waarop DEGIRO onbelegde gelden van klanten aanhield; in een zogenaamd geldmarktfonds. One example was Degiro last year complying with new cash and regulations derived from its recent growth, which More importantly, is Degiro safe/reliable? Does anyone have experience about Degiro marginal loan for investment? What is the interest rate? Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. 07%, it's also part of Degiro core selection so you can buy free of charge until the 15th of this month. I have no idea if Degiro is planning to offer trading bots, grid bots, and indicators (MACD, RSI, Ichimoku, etc). On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is Fun to Narwhal to BaconReader. " The last paragraph makes me think degiro statements are useless I guess the problem is with Degiro where I live (Czech republic). I guess if you're trading, using options, there will be a time when you want to get the money out and buy some "safe stocks" for retirement in a bank. If you're passionate for Finance, Economics, accounting, data etc. Currently at DeGiro. They will compensate it up to a certain amount. I was wondering if we can download some PDF's with some proof that you own stocks or ETF's? What would happing with my stocks and ETF's if DeGiro goes bankrupt ?. My original plan was to just have it transferred via an outgoing transfer, but in November Degiro changed their fee schedule. Of slechts de safe max. Central Europe. Do note that they charge a 2% fee on dividends coming from outside of Belgium. And then buy VWCE there again. are safe whatever happens to degiro. I got scared and now I think I should not make Read up on the Degiro core selection requirements: first trade of the month is 1€, second trade needs to be in the same direction (buying or selling) and over 1. Manually tracking these things hurts, which is why I've built something small that does it for you (most of it anyways). IBKR is as regulated as Degiro to operate in Europe. This subreddit has gone dark as part of a mass protest against Reddit's recent API changes, which break third-party apps and moderation tools. A credit advice (such as a dividend statement) from a (foreign) custodian bank does not qualify as a tax certificate. If you want to buy US options or more sophisticated derivatives, Degiro is very limited and you should go with Interactive Brokers. I am transferring the money from my own Czech bank account to Degiro's own bank account, which I know arrives instantly, yet isn't credited to my Degiro account until several days later. When you keep cash on Degiro, they will invest it in money market funds. IBKR has fast executions on the US market. Thank you for posting in r/DEGIRO!. As far as I understand, leverage works as follows: Degiro lends us at most x% of 10k euros. However now that I want to move my majority of my cash sitting in the bank to ETFs, I’m wondering whether Degiro is as safe as Interactive Broker? I started with DeGiro, later switched to Interactive Brokers. Το /r/Koina είναι ένα υπο-reddit γενικής θεματολογίας όπου ενθαρρύνονται οι καλόπιστες συζητήσεις στα ελληνικά και η ισότιμη και με σεβασμό αντιμετώπιση των μελών του. The sole task of this entity is to administer and safeguard your investments. co. if I can put it somewhere safe where it generates some extra profit for me. This is separate from my long term investments and money that I need to keep safe, so only money passing through on the way there and whatever I want to keep directly in stocks Reddit really seems to hate Saxo, so now I am a lot more It's ridiculous how much they are charging per trade now, the biggest benefit of Degiro was 0 euro fees on core selection ETFs , now that's gone. As rule of thumb, a wise investor should have a percentage of it's assets in bonds — there's a formula to calculate the % to safe and it's 120 - your age=% to safe in bonds— in that way you will secure your retirement money as the time goes by. they will lift the limit when the price will go above it. For example, I deposit USD to my IB account, then exchange it to EUR there for a low cost of $2 or even less in some cases (automatic currency conversion). . A safe form of asset segregation is the use of a separate legal entity. Second, the interface is terrible. I do know IBKR will pay you if you want to lend your shares, but that's only when you have thousands of shares of a company. Or check it out in the app stores   I want to move from DEGIRO to IBKR. I don't know about 212. From a legal and regulatory perspective, this is known as ‘asset segregation' and serves to protect clients’ investments. Get the Reddit app Scan this QR code to download the app now. DeGiro is regulated by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and thus its clients are protected by the German Investor Compensation Scheme, which compensates any losses from non-returned assets up to 90% (with a maximum of EUR 20,000). So you'd better check the bond asin code on some decent website, and then search for that code inside DEGIRO offers mostly lower fees than IBKR, but IBKR has more features on its trading platform. If needed, government would just inject money to make sure the company survives. This sub-reddit is for almost anything related to appliances. Zoals de titel al doet vermoeden, zit ik te twijfelen om mijn funds over te zetten naar mijn thuis bank. However, I must admit that a lot of money can be made with intelligent shorts. Your Apple stock is safe with the Degiro foundation. Or check it out in the app stores     TOPICS. Neither is covered by deposit guarantee. Pedi à degiro para alterar o tipo de conta para “custody”, e eles dizem que neste momento já não oferecem esse tipo de conta para novas contas. If I lose the money I have on Degiro because they go bankrupt it wouldn't be that big of a problem but if you lose your life savings at an age of like 35 or 40 you're fucked. You won't get that at Degiro. I am going for a long term. Reddit rules apply, but no additional nonsense. In 2019 they were investigated by the Dutch SEC for this and that lead to the merger with Flatex. With IBKR you can do you want with the shares. Na XTB não tens comissão direta mas o IWDA está cotado na bolsa de Londres, o que significa que pagas um spread na conversão da moeda. Need to fix your stove, cook-top, oven, refrigerator, washer or dryer? Thinking about buying a new one? You can always sell a large part (or all) at Degiro. Open menu Open navigation Go to Reddit Home Get the Reddit app Scan this QR code to download the app now. The **unofficial** subreddit for the users of Europe's fastest growing online stock broker. These are centenary companies and major employers in the country, which makes them pretty safe, as the government will never let these companies go bankrupt. TDG I know has cheaper fees as compared to XET. So, in your case, start with Degiro and if later you want to trade (rather than invest), then open an account in Interactive Brokers. I'm not an expert by any means, I'm fairly new myself. Let's say that we have a portfolio of 10k euros. DeGiro recently closed my account, which I guess is due to their decision to leave the Norwegian market. Não achem que sabem tudo. The issue is that Europeans accounts on IBKR and Degiro are only insured (in case of broker default) by the government only up to 20k. Management of orders at degiro (market order, limit order, etc) (with ETH and BTC you will be pretty safe but huge Reddit IS NOT a replacement or substitute for a qualified solicitor, and any advice given here which relates to the law is purely academic in nature and should not be construed as 'legal advice'. However, I sold most of stocks in Degiro and rebought them in Trading as Degiro has a lot of technical issues when the market just opened: Not being able to sell (limit orders not working). You know, like silicon valley or one republic, safe banks. A lot of American ETF's have counterparts on European markets UK, NL and you can buy them in Euros. Current Plays and Ideas -- Q&A -- **New Traders**: See the Options Questions Safe Haven weekly thread Members Online. ++ The sub will remain private for at least I’ve heard many people say that. I am 24 and based in Netherlands. So far, no problem. Sort by: Please remember: Reddit IS NOT a replacement or substitute for a qualified solicitor, and any advice given here which relates to the law is purely academic in nature and I've thought about this. Do that at DeGiro. I have been considering Degiro, to be honest i already made an account, a Get the Reddit app Scan this QR code to download the app now. I was wondering what would happen in the unlikely event that DeGiro were tot go bancrupt. Reddit's #1 spot for Pokémon I only have a very small amount of margin that I ever use because I'm an all or nothing kind of trader. Buongiorno a tutti! Ho intenzione di mantenere due broker per i miei investimenti: DEGIRO per azioni singole e Directa per quanto riguarda il PAC di etf. Warning : heavy moderation due to stupid people and comments. Learn about budgeting, saving, getting out of debt, credit, investing, taxes, and retirement planning in the Republic of Ireland. We use a separate legal entity (SPV) to hold your assets. They are just your broker, but are in full ownership of the asset. Stay safe and happy airdrop hunting! Members Online. b) in the Degiro platform I didn't find NYSEARCA stocks or profitable ETFs from the USA. We are safe. Share I feel safe with them because my money are kept in real bank with BaFin guarantee. I still think it's a safe This is absolutely less safe then a normal custodian. Mas queria continuar a investir em acções, ETF e obrigações. This means they are held separate from the assets of DEGIRO. It doesn't feel like passive income based on his example. Especially the app is much better compared to IBKR. Dit betreft het EUR MMF van Morgan Stanley. Bolero is fine. The customer assets are segregated in a different account, so in case of Degiro bankruptcy the assets should be safe. Since DeGiro doesn't have an API I've opted for a semi-automated process where you export your transactions on DeGiro and import them in my web app. The choice has to be made when you open an account. If you want to sell this, the whole process is just reverted. Unfortunatelly, that means creating new account, withdrawing the funds from the old one a reinvesting in the new (custody) account. With I opened a DeGiro account yesterday and suddenly all I read is bad reviews and people saying "stay away from DeGiro, it's not trustworthy". Degiro question: Basic to Active/Trader account . Or check it out in the app stores   Also some people feel more safe of using a big bank like ING compared to a brokarage (try search for "is Degiro safe" or "is trade republic safe" and compare the results vs "is ING safe" or "is ABN safe") , even though banks are far from Honestly don't know if DeGiro lends your shares. Degiro is more expensive than IBKR. But I'm sure it can be done better. The money is safe and protected with Interactive Brokers compared to Degiro, but Degiro does the taxes better for Ireland. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier I can't stand DeGiro anymore (close to none US options, trailing stop only on the DAX, no advanced option - meaning huge margin requirement, etc), IB is too expansive, and registration process for Tasty is a huge pain in the *ss (but will try this last one if no choice) Thank you both u/KenpachigoRuffy and u/BelgianBoglehead for your replies. I understood on Degiro's website: €20 per line + external costs. Hi, everyone Got a (possibly stupid) question but better safe than sorry. However if Degiro / IBKR are hit with some massive fraud or they mess up and lose customers money somehow there is a protection of only up to 20,000 in EU. But there is some limit of your cash account, I think its View community ranking In the Top 1% of largest communities on Reddit. 15K subscribers in the DEGIRO community. WDC 0DTE advice request upvotes · our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I started investing from Sunday, I made my first deposit on Saturday. (Remember most comments here are shite opinions & shite advice too) Cycling centric posts now banned. DEGIRO holds Financial Instruments for you in such a way that they cannot be accessed by creditors of DEGIRO, even if DEGIRO would be declared bankrupt. These have a negative interest rate for Euro, meaning you will loose money if you keep cash on Degiro. Also margin trading is much better on IBKR. Had a Basic profile in Degiro, changed to the Active profile that gives me 50% margin availability. Dito isto, eu uso Degiro tal como utilizo outro broker low cost, tal como utilizo um mais tradicional (banca tradicional). But with recent developments, it seems they had a conflict of interest where they gave some preferential treatment to one customer. I've got 4 positions in 2 exchanges (EAM: 3×, XETRA: 1×). With Degiro it is: Degiro DB —> Degiro owns the stock, a whole level of magnitude safer. Or check it out in the app stores     TOPICS Saxo Bank, Degiro, Lightyear and Trading212 if you prefer some broker diversification. Or check it out in the app stores I have been using degiro and looking to open a second brokerage account. Edit (9 sep): DeGiro gevraagd om welke onderdelen het gaat die de AFM onvoldoende aangepast vond. Abri conta na degiro, ficou automaticamente com tipo “basic”. Reply I checked DeGiro and saw that it’s customers are insured up to 100K on a bank account thanks to German government regulation (DeGiro’s mother company, FlatEx, is German). Or check it out in the app stores   but I am still new to options and Degiro UI is not very intuitive when it comes to options, so I want to make sure I am doing things right. DEGIRO is not a scam, however, there might be fraudulent sites which bear a strong resemblance to the legitimate broker's web page. Your chain on “ownership” is: You own an entry in Trading 212 DB —> Trading 212 owns an entry in IBs Db ——-> IB owns the stock. This subreddit collates the latest information on topics such as open access, open data, open education, open peer review, and open source. How ***** hard is it to send a form trough mail? That's all they need to do to DRS our shares. Like i think Degiro charges anywhere between 3-3. But then again, read the policy of DeGiro, it should be stated somewhere. Dato che sono due broker in regimi differenti in quanto DEGIRO è dichiarativo e Directa in amministrato volevo sapere come devo comportarmi con la dichiarazione dei redditi. Avoid using links from forums or Get the Reddit app Scan this QR code to download the app now. Nalebuff and I. I've no experience with Etoro, but Degiro is defo a good broker to use! I’m looking for Irish Reddit users experience of using Degiro trading app. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier If the domain (the bit after the @) is degiro. Then you start again with your monthly DCA at Degiro. I'm guessing because it's safe but low return, so until you are close to retirement you should always max out your 3a and invest it in something with more return like with finpension. "The investor protection scheme only comes into effect in the case that DEGIRO is found to have failed to take sufficient measures to protect client assets, or in the case of fraud on the part of DEGIRO" So in other words Degiro should protect your assets, but if they fail to or are frauds then you're protected to maximum 20k by Dutch gov. Gaming. Or check it out in the app stores     TOPICS I've been trading for a couple of weeks with Degiro and it is the first platform I use for stock trading. Seems unlikely but ask yourself if that data really needs to be 100% secure. I deposited around 2000 euros, lost 120 euros after a month, withdrew all of my funds and I haven't logged in ever since. Simple buy and hold DeGiro is probably the ebst out there since you don't hage many other option lmao. You can just open a new IBKR account and start "feeding" it instead of degiro. Currently investing in EUR currency (with CZK to EUR exchange), nothing special, only VWCE, now IWDA+EMIM etf, because of KIID situation on Degiro. But for assets held by SPV Long Short, clients within the same omnibus account are exposed to each other due to the inherent counterparty risk of the lending DEGIRO’s lending activities. How safe is Degiro? I've read many things about it. So even if they go bankrupt, creditors cannot touch this. What do I have to do with taxes for Ireland with this. But TR charged 1€. I can't discuss bout the no sell limit because I don't remember and I never read this, but this is probably the case, need to check. If you are a daytrader you should use IBKR. Trade republic is probably not ideal since it uses PFOF business model which leads to worse quotes and as a result larger spreads and View community ranking In the Top 1% of largest communities on Reddit. But Degiro is good only for EUR-denominated assets because of the high currency conversion fee and missing the ability to deposit/withdraw USD. It has been 2 years that the situation is not clear and BE tax has never tried to clarify anything. I personally like private holdings: diversification in regions not covered by IWDA/EMIM, aligned incentives (many private holdings manage family fortunes, so the management thinks long-term) and access to private equity which is not on the stock market (hidden value, diversification). Now I am thinking about going all in and investing all of my savings in index funds. Ofc there might be moments of misinformation that can scary people in both. The owners of DeGiro also had another investment firm which was a customer of DeGiro. 06 and I couldn't even get my order through as 'the asked price is not realistical'. Does it mean if I want to transfer 30 shares of IWDA it would cost me 20 euro? I have no idea what the external costs are. Even yesterday I withdrew small amount around 100€ and it just arrived reading No portfolio transferring or no option to DRS your shares (get them on your name) is a no-go for me. Options trading UK This is the official support Reddit community for Kraken Digital Asset Exchange. Or check it out in the app stores     TOPICS Since there is no way to place a bracket order in DEGIRO, how would you guys go about placing orders for trades that potentially could go on for days? UN secretary general warns world is becoming ‘less safe by the day IB is great, it offers cheap currency conversion and a multi-currency account. Assets held by SPV Long Only are as safe using omnibus accounts as individualized accounts would be. Money withdrawn from DEGIRO can only goes to your EU bank account, I’m in France, the banks here would be freaked out by any amount above 5 digits and ask you tons of paperwork, just a big pain What if DeGiro goes bankrupt and the app and webplatform goes offline? This probably wont happen, but i like to have proof of everything and like to be prepared for everything. or at least it should have been. Get app Get the Reddit app Log In Log in to Reddit. Should I switch? Also I see with Degiro, i have flexibility to choose the exchange that I want. Question is whether DeGiro has managed this well enough. That shouldn't be a Is DEGIRO safe? Given its regulation by AFM and DNB and the guarantees provided by the Geramn Investor Protection Scheme, in addition to asset segregation, we feel confident in saying: yes, it is safe. Stocks are categorized, depending how “safe and reliable” they are. PMCC Portanto escusam de falar com tanta segurança sobre a degiro porque nada é garantido. UN secretary general warns world Hi guys According to the website margin is calculated as follows: Margin = value of portfolio + MMF balance - portfolio risk Currently, my portfolio I use Degiro & Trading 212. Also have a look at IBKR. The price on DEGIRO was still on $0. As I would use Degiro purely for cheaper broker costs, I'd like to transfer it to Bolero after it has X amount on it. " Degiro Ti fornisce i quadri già compilati, Basta che li porti a chi ti fa la dichiarazione dei redditi e insisti affinché presenti e paghi tutto entro giugno. But I would like to understand how this works better before doing it. VUTY currently yields a bit over 3% with a management fee of 0. Reddit's hub for advice, articles, and general discussion about getting and repaying student loans Degiro segregates customer's assets in a separate legal entity. Safe Haven is an innovative company in the blockchain field that provides inheritance and asset management Those can often be pretty illiquid markets with either low gain or very high risk. But I just closed and re-entered a trade as I normally would and not only did Degiro fair to fix 20% of my order, they margin called me even though the money which is also about 20% of my portfolio was (and still is) available to trade. My I have a DeGiro Advertisement View community ranking In the Top 1% of largest communities on Reddit. I’ve been using Degiro for about 5 years now and the customer service has been great actually. that manage shares or hold them in safe custody and that disburse/credit the income from capital or disburse the income from capital to a foreign entity. I've been considering a move from Degiro to some other broker (most likely IBKR), and I'd like to hear opinions and experiences by someone who did this in the past. Indeed you are right DeGiro NL does withhold the Belgian Financial Transaction Taxes / Beurstaks / TOB (Taxe sur les Opérations de Bourse), my doubt now (given above information) if the Irish DeGiro site would also withhold this on the transactions made on their site Get the Reddit app Scan this QR code to download the app now. That's tricky to estimate the yield of an ETF as the composition can always change. r/DEGIRO I hope they can reassure me that my funds are safe during these times. I remember 1-2 years ago they were also getting some bad press. DeGiro is the cheapest as well So in the end I thought to myself that it was no big deal, as DEGIRO is not that good at keeping up with the pricing, which is fine. But there is a catch here, hidden in the T&Cs, which you should spot when you read them (and you should always read all T&Cs). Puoi fare agevolmente tu sul sito dell'agenzia delle entrate, la cosa più difficile è trovare dove farlo. So Degiro is not a 100% alternative to Interactive Brokers. I just got an email from DEGIRO stating I can now use Tradegate exchange, you can trade after hours and pré market with it. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. What are some safe overnight bonds / ETFs that I can exit any day easily? Please remember: Reddit IS NOT a replacement or substitute for a qualified solicitor, and any advice given here which relates to the law is purely academic in nature and The **unofficial** subreddit for the users of Europe's fastest growing online stock broker. Transferring to Bolero, keytrade or any bank you choose. Degiro was my go-to broker for a long time, but I left them for good. edit2: It's back! 00:26 Sept 8 Share Add a Comment. This is what it say about it; “About Tradegate Tradegate is a fully regulated exchange 60% owned by Deutsche Börse AG, one of Shortly after though, safe haven investments such as Silver experience a rush of buying due to people looking for safer places to store their wealth & people looking for potential upsides in a downward market. Investments are usually put in s separate customer account and are safe from say the broker going bankrupt. In de sticky posts staat regelmatig nieuwe informatie over de sub! After reading the book Lifecycle Investing by B. Then probably go for IBKR. After the merger with Flatex everything started going in the wrong direction. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; your stocks, etf‘s,. Even with the minimum comply at the regulator they can’t fail, maybe get some fines but their profits are huge compared to that. 9€ for a stock/ETF. Hi folks, I am fairly new to degiro and stock trading in general and I'm a bit confused with the orders. van 20k? Tevens kom ik nergens tegen wat een goed alternatief qua broker/bank voor VWRL kan zijn? This have been debunk clarify, Degiro have a limit yes of 250k per share or +/- 20% of the current price. In the meantime, I have been looking at the different accounts of Degiro. In fact, I recently transferred stocks from another broker and the counterparty really messed up but Degiro was fantastic. Or check it out in the app stores **New Traders**: See the Options Questions Safe Haven weekly thread (£100 approx) without requiring high deposits or charging a lot per trade. Brokers that are not a scam app or trade crypto, and they just do the broker work as t212 degiro ibkr are really difficult to fail and go bankrupt. They clearly stated this on their website and TOC. Any loss generated on a certain maximum amount of cash would Both degiro and IBKR are safe to be trust. I know market order means buying at the price the share is at at the moment and limit means buying at the limit or at a lower price or selling at the limit or at a higher price, respectively. Recently I saw that the TR buy cost for a stock is much cheaper than Degiro. 000€. The 20k is on cash funds with degiro that are safe when they go bankrupt. Give it a try if you want. Information about bonds is essentially non-existing in degiro. But once you get close to retirement you don't want to be too exposed to risk so maxing out Pillar 2 makes more sense with less opportunity cost at that age. I thought because of the Flatex banking license that would also lead to a better separation of customer assets and DeGiro but I'm not sure how Even though reddit has its own biases :) Real estate definitely feels safe but I do have a cousin who owns a few flats and I know how much time and energy it takes away from him. I've tried a few depots (still have Smartbroker, Comdirect, Scalable Capital, and Degiro), and SC is the simplest and they offer a savings plan option on every single UCITS ETF including bizarre ones like Eurostoxx Daily Short 2X which nobody should ever touch. Mentalizem-se disso. But they cant DRS shares because, and i quote Degiro here, 'due to the structure of Degiro our custodian uses DTC-clearing and not DRS'. Join our community and get on top of your finances! Nexo is the world’s leading regulated digital assets institution. Tenho uma pequena carteira/portefólio na DEGIRO. Shorting US Index/Stocks with DeGiro . 50 each for the exchanges. And once it's made you View community ranking In the Top 1% of largest communities on Reddit. End of story. However have in mind that no platform is 100% safe, including Degiro, so if you have a large chunk of money I would recommend using different brokers to diversify. Browsing also will often not allow you to find many products. Nada que não possa vender e/ou deixar estar. If I have money in bond or equity etfs, is the money safe if Degiro goes bankrupt? I have an Interactive Brokers account with Trade Station Global. They are just bullsh*tt*ng all the time, my trust in them has gone. I want to open second account with different broker just because Degiro started doing weird steps how to annoy their customers Hi folks - I began investing in ETFs 2 years ago and began on Degiro because it was easy to setup, for beginners and the UI is simple. A lot of people will leave Degiro. This can't be done on Degiro (I can deposit/withdraw only EUR on Degiro and the currency conversion fee is terrible). That will then show you profit, loss, growth, etc. IBKR interface is confusing at first, but it gets better after placing 2-3 orders. The moment I knew I was in trouble came when I tried to sell the option. Or check it out in the app stores   Currently I have a little over 20k in my Degiro portfolio wich includes VWCE, IWDA mostly and 2 other Etf's. Degiro provides you (as a Czech tax resident) with a tax document A discussion forum for advice on personal finance in EU countries. Join our community and get on top of your finances! Your Italian is great! Replying in English just because it's an English-speaking subreddit: the rules for balancing capital gains and capital losses in Italy are rather bizarre, and ETF capital losses cannot be balanced with ETF capital gains. Even the online Help at Degiro states "Transfers can take up to 2-3 working days to complete. For the recluses, and other people who have no one to refer, we can help! Reddit is a great big community so get money off your cable bill, get a free iPad, or You can also use a younger one but you really need to make sure that they're safe. Buying bonds is a way to ensure your money from market crashes or times of recession. In my opinion the only advantage of DeGiro is the one free transaction per month in a select number of ETF. Expand user menu Open settings menu. I was quite convinced my money would be safe. Members Online. I know that both are big and View community ranking In the Top 5% of largest communities on Reddit. I just don't really know if I should consider XTB as 'safe' as Degiro or IBKR, or if I'm better off just The **unofficial** subreddit for the users of Europe's fastest growing online stock broker. As I remember, Degiro won't let you sell all you shares but 1 share by 1 share above 250k. However, I have stumbled across DeGiro which seems to offer the services I want with no minimum When I read posts a few months ago about degiro and american options they were not available. Degiro and safety I´ve noticed a few posts that mentioned things along the lines of "once the portfolio reaches x amount I move it from degiro in case it goes bust" and "if degiro goes out of business you´d lose the investment". Thanks guys! Open science is an increasingly important discussion topic. Financial Instruments are always held in book entry form, by crediting them to an account. Safe and reliable - We are an SDAX listed broker with our own banking license. That's why i am using them. Bitexen - Instant 19$ worth of crypto Get the Reddit app Scan this QR code to download the app now. However, if you just send an email and it's not encrypted, it could be intercepted. Or check it out in the app stores   At what point does your portfolio grow so much in Degiro that it’s safer to open another account on a different brokerage platform? Is €2 million ‘safe’ to keep in Degiro? Would you go beyond that? Share Add a Comment. What also helps is to talk DeGiro Basic -> DeGiro Custody. The custodian of DEGIRO in its turn, creates in the account of SPV in its administration an equivalent entitlement with regard to the shares. Banks brokerage services come with stiff fees, and high administration costs, and in my case at least would simply not make my account viable. I THINK the same is true for Degiro. I studied not that much before investing and the most safe options are ETFs as you might know, specially the SP500. Well there is a limited downside risk of course and in theory if all goes according to the book its perfectly safe and nothing can “happen” but the thing is that you have to exercise long positions manually through an email order (because degiro is not allowed to do that on your behalf, they are only allowed to sell your positions in margin violations), so therefore if you forget this and Degiro js very good for simple ETF or buy and hold if you don't want to get too much into the technicals. DeGiro did not put their client's interest first DeGiro did not do enough to protect the customers assets (related to the cash fund) DeGiro did not provided adequate information about the services they provide DeGiro did not do enough to prevent money laundering DeGiro did not have a good process on how to handle and track known issues Ho appena ricevuto il famoso report fiscale da Degiro e i due rendiconti non vanno d'accordo fra loro: nel rendiconto "MODELLO UNICO" le cifre inserite nel modello W/RW seguono i totali presenti nel rendiconto "CALCOLI" fino al 23 marzo, poi non combaciano più. The only risk with degiro is the fact that they do lent your stocks to short-sellers in order keep costs low, this means if both Degiro and the entity they let your stock to go bust at the same time, then yes you would lose your money this is a quite unlikely event, mostly because degiro is very strict with the requirements to access to leverage tools Degiro was my go-to broker for a long time, but I left them for good. , specifically the Basic and Custody account. EU customer support is terrible compared to degiro BUT it's a safer platform, that does not lend your securities and has survived crushes, good for retirement! Reply reply igobySean Maar lees ik dat de AFM DEGIRO, boetes heeft opgelegd en weet ik niet meer of het wel verstandig/ safe is om met mijn huidige VWRL over te stappen naar DEGIRO. De Nederlandse subreddit voor karweitjes en reparaties in en rondom huis. In that case your VWCE shares should be safe. Remember to read the pinned post and rules before posting! No advertisement, solicitation, stock recommendation or profanity is allowed here. Or check it out in the app stores **New Traders**: See the Options Questions Safe Haven weekly thread So as the titel says i am currently using degiro as my broker and i was wondering if i could easily start using options on this i am european so i do not have access to Go to DEGIRO r/DEGIRO. I invested in two ETFs only, the rest, around 10, I bought stocks. uk, your statement is in safe hands. Ayres, I would like to use some leverage in my portfolio with Degiro. Lees alsjeblieft de regels, het meermaals niet naleven hiervan kan resulteren in een ban. I would not move the portfolio, it is probably relatively expensive to do that (you can check in the website of degiro, they have somewhere can overview of the costs for moving the portfolio). Or check it out in the app stores I opened a DeGiro account yesterday and suddenly all I read is bad reviews and people saying "stay away from DeGiro, it's not trustworthy". Boas, Pretendo investir em ETF a longo prazo (20 anos). If you follow this very specific investment strategy, then it will be cheaper than IBKR. Stocks got more risk but in depends from which company you buying. I have $100K+ in stocks and IBKR feels safer. For long term investing with regular purchases, Degiro is probably the best to go. You can even opt-out of lending them to short-sellers. Aside from that, the shares you have will be send to a custody company. I wouldnt worry about it too much, but I’ve recently found out that having Basic account on DEGIRO isn’t totally safe so I’d like to switch to Custody. I want a similar ETF in EURO. Hopefully over time the shares will go up and I'll get more dividends. You won't be able to buy ETF's as an individual at IBKR. Degiro EUsafe or not? Hello i have been trading stocks on my local bank, but i really want to make a switch because 1) their website/platform is bad and 2) they dont even have iOS / Android apps. How safe is your money at brokers like Interactive Brokers or degiro? I started investing in stocks last year. through DeGiro. Or check it out in the app stores I invest in ETFs via Degiro and invest in Bitcoin via Binance and Coinbase since a few years now. Now my question to fellow Euro apes is, what will happen if DeGiro actually goes bust in the end? Hi, I am Italian and I'm 30, I started saving a couple of years ago around 300 euros per month in a Degiro account without any idea of what is investing or retirement, just following my dad instructions, so I ended buying and holding Italian stocks that are historically know yo be "safe investiments" in Italy (ENI, PosteItaliane, Snam Rete Gas and some others). As the Degiro foundation is just a legal shell, they do not hold any records. They stopped adding new features, but they started adding sneaky fees every now and then. DEGIRO does not, therefore, hold Securities for you ‘physically’ (in a safe). By law, it cannot perform any commercial activities. I'm in the process of moving from eToro to DEGIRO, keeping my few stocks in eToro to sit there and make a small profit Open a DeGiro account and get 100 Euros in fees when you spend just 5 EUR in transaction fees. c) it's the 21st century and there are no trading bots. Only cash is covered. Remember, that's your life savings. For the ones who liked, you can find it on Degiro under ticker ZPR1 exchange: XET A discussion forum for advice on personal finance in EU countries. "At DEGIRO you can rest assured that your investments are held securely. Hey guys, I only invest in "safe" company's that pay dividends and I always go for the long run. **New Traders**: See the Options Questions Safe Haven weekly thread Members Online. For me, this ETF is one of the most stable and safe with good interest rates to invest the money that hasn't been allocated yet. I started to read more reddit posts and see that many people prefer EAM, since TDG has higher fees. yqv mszg tjmtuw nxbw asqupcq bogjn mspd ofsyh tzpl djs