DEGIRO Minimum Deposit
What Is Minimum Deposit of DEGIRO?
To activate a live account with DEGIRO, the minimum deposit required is just €0.01. This low threshold makes it accessible for many new investors and traders who wish to start with a minimal financial commitment. Compared to other brokers, DEGIRO’s minimum deposit is quite competitive, as many platforms require higher initial investments. This feature can be particularly appealing for beginners or those looking to test the waters of online trading without risking substantial capital.
Does DEGIRO Provide Deposit Bonus?
DEGIRO does not offer traditional deposit bonuses like matching deposit amounts or promotional rewards for new users. However, they have previously provided offers such as reimbursement of transaction fees up to €100 for users who activate their accounts within a specific timeframe. While this is not a deposit bonus in the conventional sense, it can still enhance the trading experience for new clients. Users should check the latest promotions for any new offers or conditions that may apply.
DEGIRO Payment Options
DEGIRO Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | EUR | Free | 2-3 business days |
| Credit Card | EUR | Free | Instant |
| E-wallet | EUR | Free | Instant |
Does DEGIRO Charge Deposit Fees?
DEGIRO does not charge any deposit fees. All deposit methods, including bank transfers and credit cards, are free of charge. This user-friendly policy makes it easy for clients to fund their accounts without worrying about extra costs.
Does DEGIRO Support Cryptos to Deposit?
DEGIRO does not support cryptocurrency deposits; only fiat currency deposits are supported, cryptocurrencies are not accepted. This limitation might not attract crypto investors, as traditional payment methods dominate their offerings.
Is It Easy to Deposit Money to Your DEGIRO Account?
DEGIRO offers a single type of trading account, catering primarily to retail investors. Users can easily open an account and begin trading with various financial instruments, such as stocks, ETFs, and bonds. The account setup is straightforward, and users typically choose this account based on their trading goals, whether they are beginners or more experienced traders. The deposit process is simple and intuitive, with mainstream payment methods requiring no additional documentation.
Which DEGIRO Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard Account | €0.01 | Beginner traders |
Funding Your Account Step by Step
- Log in to your DEGIRO account using your credentials.
- Navigate to the “Funds” section on your dashboard.
- Select “Deposit” and choose your registered bank account.
- Enter the amount you wish to deposit and confirm the transaction.
- Wait for 2-3 working days for the funds to appear in your DEGIRO account.
How to Withdraw from DEGIRO
-
Log into Your DEGIRO Account
Access your account by entering your credentials on the DEGIRO website. Ensure you are using a secure internet connection. -
Navigate to the Withdrawals Section
Once logged in, go to the ‘Account’ menu and select ‘Withdrawals’ from the dropdown options. -
Select the Amount to Withdraw
Enter the amount you wish to withdraw. Note that you can only withdraw uninvested cash available in your Cash Account. -
Choose Your Withdrawal Method
Select your registered bank account as the destination for your withdrawal. Ensure that the account details are correct to avoid delays. -
Confirm Your Withdrawal Request
Review the details of your withdrawal request and confirm. You will receive a notification once your request is processed, which typically takes 2-4 working days.
FAQs
Q1: What is the minimum deposit for DEGIRO?
A1: The minimum deposit to open an account with DEGIRO is just €0.01, making it accessible for new traders. You’ll need to activate your account after making this deposit to start trading.
Q2: How do I deposit money into my DEGIRO account?
A2: You can deposit money into your DEGIRO account via a manual bank transfer from your registered bank account. This process typically takes 2-3 working days for the funds to be reflected in your account.
Q3: What payment and withdrawal methods does DEGIRO offer?
A3: DEGIRO only allows deposits from your registered bank account and does not charge any fees for deposits or withdrawals. However, withdrawals can take 2-4 working days, and you can only withdraw uninvested cash.
Q4: Are my funds safe with DEGIRO?
A4: DEGIRO is regulated in the EU, which provides a level of security, but it currently lacks a specific forex trading license, which may raise concerns for some users. Always be cautious and ensure you understand the risks before investing.