Invest with DEGIRO, one of the best brokers in Austria
DEGIRO is the broker that offers wholesale fees and commissions for individual investors, allowing traders to invest worldwide with meagre fees.
DEGIRO was founded in 2013 in the Netherlands and has since expanded into 18 European Union countries. As a result of its extremely competitive commission structure, DEGIRO has quickly become one of the largest brokers in Europe.
Financial Instruments offered by DEGIRO
Through DEGIRO, investors gain access to more than 50 markets in around 30 different countries in Europe, North America, Asia and Oceania. DEGIRO offers Stocks, Mutual Funds, ETFs, Futures, Bonds, Options and Warrants.
The chart below shows the excellent access to global Stock Exchanges and Markets that DEGIRO offers.
Markets & Stock Exchanges available at DEGIRO.
Commissions charged by DEGIRO in Austria
If you haven't heard about DEGIRO before, it is a platform that has revolutionized the world of trading and investing with narrow costs. This has allowed this Broker to quickly position itself as one of the fastest-growing platforms in the European Union. To give you an idea of how low the commissions are, trading Erste Bank Shares costs € 2.00 + 0.03% of the transaction value. You will probably say, "My Broker only charges me € 6-10 per transaction, and if I place an order of € 1,000 with DEGIRO, the commission will be € 2.3".
So, commissions are among the lowest ones in the market.
For shares trading at the New York Stock Exchange , Xetra or the London Stock Exchange, for example, equivalent savings apply.
Additionally, DEGIRO now offers clients the ability to trade through 200 commission-free ETFs. Every calendar month, you will have one free trade per ISIN, and then you can increase your stake in that ETF for free as long as the order is worth a minimum of 1000 EUR / USD (depending on the ETF's base currency).
How to open an account with DEGIRO from Austria
Like any online service, opening an account to Invest in international financial assets with DEGIRO is an online process. It takes only a few minutes and requires uploading a document (Passport or ID) through the platform. DEGIRO does not charge fees for depositing and being a discount broker; it does not have a minimum deposit.
Where is DEGIRO regulated?
DEGIRO is supervised by the Netherlands Financial Markets Authority (AFM) and under the Dutch Central Bank's prudential supervision (DNB).