Are investors happy with De Giro brokers

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darvas

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Am considering opening an account with De Giro. What do investors think of them, platform,
site, ease of use, queries, deposits and withdrawals, etc. Thanks
 
I've use them in the past and found them good. The only thing I didn't like was that I found the reports they provide you for doing tax returns a bit confusing. But that could have just been me.
 
I've used them, and found them generally fine to use. One annoyance was that they stopped selling an Investment Trust, which they had previously supported (FCIT).
 
I use them and have not had any problems.

Re investment trusts, last year the U.K. FCA removed them from the Priips regime so they don’t have to produce a KID. This may be the reason why DeGiro stopped offering them.
 
I have an account with Degiro. I understand this is a bit of a niche use case but Degiro were the only provider I could find that allowed Irish customers to trade stocks on the Athens Stock Exchange.

The website is a bit clunky, not as slick as Trading212 for example. It was perfectly functional though and I had no problem with buying shares or transferring money in.
 
I'm Nobody said:
€4.90 to trade on Degiro, compared to €30 with Goodbodys.
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I generally like to minimise costs but a prudent approach to equity investments is arguably to buy and hold long term - the opposite extreme being something like day trading or similar - in which case the trading costs become less of an issue over time as they are "depreciated".
 
Well indeed, I am a buy and hold long investor.
I follow the high yield portfolio.
I find buying shares is easier than deciding when to sell them.
So I take the dividends instead.
 
ClubMan said:
I generally like to minimise costs but a prudent approach to equity investments is arguably to buy and hold long term - the opposite extreme being something like day trading or similar - in which case the trading costs become less of an issue over time as they are "depreciated".
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I buy and hold long-term by investing whatever is left at the end of the month from my salary. €30 per trade is an on-going and prohibitive cost if you are buying regularly.
 
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I’ve had an account with them since 2018. I make regular small investments. It is doing well. It is partially a hobby and partially an investment for me. No complaints from me.

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I don't like them, their statements are a mess to follow, there are ongoing upkeep fees and fees associated with dividends I think. I prefer Trading Republic for ongoing regular investment so far although they may reduce the incentives and increase fees down the line.
 
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I've used them for a few years now and I am happy with the experience.
I'm not a very active trader, but dabble from time to time and have held some stocks with them since I opened the account. I closed my account with a big name Dublin broker and transferred my holdings from there to DEGIRO without any problems for lower fees mainly, but also due to some customer service issues I was having.
I have no problem with the reports that DEGIRO issue and when doing a tax return I simply download a spreadsheet and manipulate the info needed out of that. Depositing and withdrawing funds has been smooth and effortless for me.
 
dubliner8 said:
I don't like them, their statements are a mess to follow, there are ongoing upkeep fees and fees associated with dividends I think
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Yes, if you have a Custody account, then the dividend fees are the ones that can really mount up. They are 1 euro plus 3% of the dividend. If you have a large portfolio with a lot of reasonably high dividend stock, the fees can easily work out to be more than those of Davy, for example.
 
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