Broker review
📋
DEGIRO Overview for Norway
DEGIRO, founded in 2008 and headquartered in Amsterdam, Netherlands, has grown into one of Europe's largest online brokers. With an overall score of 3.9, it is widely used by Norwegian traders who value low-cost access to global markets. The broker offers a broad range of instruments including stocks, ETFs, bonds, options, and futures, with a particular strength in long-term investing. In 2021, it was acquired by flatexDEGIRO Bank AG, further strengthening its balance sheet. The platform has over 2.5 million accounts across Europe, including a significant number in Norway and Scandinavia. For Norwegian traders, DEGIRO provides direct access to the Oslo Børs and other major exchanges worldwide. It is especially relevant given its strong European regulation, transparent fee structure, and the fact that it operates smoothly across Norway with support for local bank transfers and Skrill deposits. However, retail forex trading on DEGIRO is limited to 1:1 leverage, meaning it is not suited for speculative or high-frequency forex trading. Instead, it excels as a buy-and-hold platform for wealth accumulation.
| Detail | Information |
|---|
| Founded | 2008 |
| Headquarters | Netherlands |
| Regulated by | AFM,BaFin |
| Min Deposit | $0 |
| Max Leverage | 1 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
🛡️
Regulation & Safety — Is DEGIRO Safe for Norway?
DEGIRO is regulated by the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). Its German parent, flatexDEGIRO Bank AG, is also authorised by Germany's BaFin. For Norwegian traders, this means DEGIRO can passport its services into Norway under EEA rules, with the local financial authority (Finanstilsynet) monitoring its activities. You can verify DEGIRO's AFM license on the official AFM register, and also check the Finanstilsynet's list of passported investment firms to confirm that DEGIRO is legally recognised in Norway. Client assets are kept in segregated accounts, and the Dutch Investor Compensation Scheme covers securities and cash held by the broker up to €20,000 per investor in case of insolvency. This does not protect against market losses but offers an additional layer of safety for Norwegian users.
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Norway traders
Always verify DEGIRO's regulation at the official regulator website before depositing.
📉
Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
💼
Account Types for Norway Traders
Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
💳
Deposits & Withdrawals — Norway Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Norway deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️
Islamic Account — Norway Muslim Traders
DEGIRO does not offer Islamic or swap-free accounts for Norwegian Muslim traders. All open positions held overnight will be subject to financing charges based on the relevant interest rates, which conflicts with Sharia law. Unfortunately, there are no workarounds within DEGIRO's standard account structure. Muslim traders in Norway who require a genuine swap-free forex broker should consider alternative providers that specialise in Islamic accounts. note that DEGIRO's own website mentions that it does not charge inactivity fees, but swap fees are unavoidable unless you close positions before the end of the day.
| Feature | Details |
|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊
Instruments & Markets in Norway
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Norway traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Norway traders.
🎓
Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Norway traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬
Customer Support — Norway Review
Support verdict for Norway
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️
Common Mistakes Norway Traders Make with DEGIRO
- Mistake: Expecting leveraged forex trading on DEGIRO from Norway — all retail forex positions are limited to 1:1 leverage, so you cannot use margin.
- Mistake: Trading in non-EUR assets without converting to EUR first — DEGIRO charges a currency conversion markup on your Norwegian kroner, which can reduce profits on high-frequency trades.
- Mistake: Holding forex positions overnight without realising that swap fees apply — without an Islamic account, Norwegian traders must pay financing costs on all overnight positions.
Trust, comparison and news
🔍
DEGIRO vs Competitors in Norway
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| DEGIRO (current) | $0 | Check broker | No | No | 3.9 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
🔒
Security & Fund Protection — DEGIRO
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Norway traders
DEGIRO segregates all client funds and is regulated by top-tier authorities.
⭐
DEGIRO User Reviews & Ratings
CompareBroker Expert Rating
3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
Final Verdict — Is DEGIRO Worth It for Norway Traders?
3.9/5
★★★★★
DEGIRO earns a score of 3.9 for good reason: it is an excellent, low-cost broker for Norwegian long-term investors seeking diversified global exposure. However, it is not the right platform for retail forex trading, and this review must clearly state that. If your goal in Norway is to buy and hold ETFs and blue-chip stocks for years, DEGIRO offers an unrivalled combination of safety and low fees. But if you want to trade EUR/USD, gold, or oil with leverage and advanced charting, you should choose a dedicated forex broker. DEGIRO is highly recommended for its target audience, but Norway forex traders should exercise caution and search elsewhere.
❓
FAQ — DEGIRO for Norway Traders
Is DEGIRO safe for Norway traders?
+How can I deposit money in DEGIRO from Norway?
+Does DEGIRO have Islamic account?
+What is the minimum deposit for DEGIRO in Norway?
+What trading platforms does DEGIRO offer?
+Is DEGIRO regulated and legit?
+Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated October 2026.
