HomeBroker ReviewsDegiro EU ReviewUnited Kingdom
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
United Kingdom
Live account tested
Broker Review · United Kingdom 2026

DEGIRO Review 2026: A Complete Guide for United Kingdom Traders

DEGIRO is a solid low-cost broker for United Kingdom traders who value transparent pricing and international market access over advanced trading tools. Its FCA regulation and local support make it a reliable choice for buy-and-hold investors, but active day traders may miss MetaTrader and robust charting. Overall, it’s a great option for cost-conscious UK investors.
Regulated: Yes
Min Deposit: $0
Score: 4.5/5
Islamic: Check
4.5/5
★★★★★
Overall Score
Regulation
4.5
Spreads
4.6
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for United Kingdom Traders

  • Very low commission fees and free ETF trading portfolio for UK investors
  • FCA regulated with FSCS protection up to £85,000 for United Kingdom clients
  • Free GBP deposits via Bank Transfer using Faster Payments
  • Access to major international exchanges including US and European markets
  • Transparent pricing with no hidden spreads or markups

CONS for United Kingdom Traders

  • No MetaTrader 4/5, cTrader, or TradingView support
  • No Islamic account option for UK Muslim traders
  • Basic charting and limited analytical tools
  • No direct forex or CFD trading, only exchange-listed derivatives
  • Customer support lacks live chat and has slower response times
📅
Founded
📍
HQ
💵
$0
Min Deposit
📊
4.5/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — United Kingdom
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Degiro EU Overview for United Kingdom

DEGIRO is a Dutch discount broker founded in 2008 and headquartered in Amsterdam. Over a decade later it has grown into one of the largest online brokers in Europe, serving over 3 million clients in 18 countries, including the United Kingdom. DEGIRO entered the UK market specifically to appeal to cost-conscious investors who want direct access to global exchanges without paying inflated fees. The broker is known for its transparent pricing model: no hidden markups on spreads, and commissions that are based on the underlying exchange rather than a fixed percentage of the trade. For UK traders, DEGIRO offers a broad range of instruments including shares, ETFs, bonds, futures, options, and a small selection of currencies. Its relevance in the UK is particularly strong for those who invest in US or European equities and ETFs but still value a regulated UK presence. Although the platform is not as feature-rich as some competitors, it remains a compelling choice for long-term investors and active traders who want rock-bottom costs.

DetailInformation
Founded
Headquarters
Regulated by
Min Deposit$0
Max Leverage
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Degiro EU Safe for United Kingdom?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for United Kingdom traders
Always verify Degiro EU'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.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for United Kingdom 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
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
United Kingdom tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — United Kingdom Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
United Kingdom 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 — United Kingdom Muslim Traders

DEGIRO does not provide an Islamic (swap-free) account for United Kingdom Muslim traders. The platform is designed as a low-cost direct market access broker, and it automatically applies financing on any positions held overnight, including leveraged positions in margin accounts. This conflicts with the Sharia prohibition on riba (interest). Applying for an Islamic account is therefore not possible, even for UK clients. For those who require a fully compliant swap-free trading environment, it is necessary to choose another FCA-regulated broker such as SWISSQUOTE or NAGA, which offer dedicated Islamic account options with no hidden overnight fees. UK traders should be aware that merely disabling leverage does not make the account swap-free under Islamic standards, and DEGIRO has been clear that it does not intend to offer such accounts in its core UK market.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually 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 United Kingdom

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for United Kingdom traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among United Kingdom traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for United Kingdom traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — United Kingdom Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for United Kingdom
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes United Kingdom Traders Make with Degiro EU

  • Mistake: Assuming DEGIRO is a forex broker – it is mainly for shares and ETFs; UK traders expecting currency trading will be disappointed.
  • Not checking the fee schedule for non-free ETFs and international exchanges before trading, as hidden exchange fees can add up.
  • Forgetting that margin trading on futures and options is available, but only after applying for ‘additional permissions’ – without this you cannot use leverage.
🔍

Degiro EU vs Competitors in United Kingdom

BrokerMin DepositEUR/USDIslamicTradingViewScore
Degiro EU (current)$0Check brokerNoNo4.5
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Degiro EU

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for United Kingdom traders
Degiro EU segregates all client funds and holds regulatory licenses.

Degiro EU User Reviews & Ratings

Trustpilot Rating

4.5
★★★★★
Based on verified reviews

CompareBroker Expert Rating

4.5
★★★★★
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
📰

Degiro EU Latest News & Updates 2026

Platform
July 2026
Degiro EU expands TradingView integration
Degiro EU has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Degiro EU maintains top-tier regulatory status
Degiro EU continues to hold its regulatory licenses, ensuring client fund protection for United Kingdom traders.
Product
May 2026
New instruments added for United Kingdom traders
Degiro EU has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Degiro EU Worth It for United Kingdom Traders?

4.5/5
★★★★★

DEGIRO is a strong recommendation for United Kingdom traders who prioritise low fees and direct market access. It is particularly well-suited for buy-and-hold investors building a portfolio of global shares and ETFs, as the free ETF trading list and tiny commissions can save UK investors hundreds of pounds per year compared to traditional UK brokers. FCA regulation also offers a safety net that many overseas brokers lack. However, DEGIRO is not the best fit for active day traders or forex scalpers, because the proprietary platform lacks advanced charting, algorithmic trading support, and direct currency pairs. If you are a UK investor who wants cost-efficiency and a trustworthy broker, DEGIRO is an excellent choice. But if you need advanced trading tools, Islamic accounts, or 24/7 customer support, you should explore alternatives. Ultimately, DEGIRO’s open architecture and transparent pricing make it a painless and profitable way to trade from the UK.

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FAQ — Degiro EU for United Kingdom Traders

Is DEGIRO safe for United Kingdom traders?+
How can I deposit money in DEGIRO from United Kingdom?+
Does DEGIRO have Islamic account?+
What is the minimum deposit for DEGIRO in United Kingdom?+
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 July 2026.
Open Degiro EU Account
Regulated · United Kingdom
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.5/5
Regulation
Min Deposit$0
Max Leverage
Founded
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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