Founded in 2008 and headquartered in Amsterdam, DEGIRO has grown into one of Europe's largest online brokers, serving over 2.5 million clients worldwide. It offers a broad range of investment products, including stocks, ETFs, bonds, futures, options, and a limited selection of forex pairs. For Jordan traders, DEGIRO stands out as a low-cost option for accessing major global markets such as the US, UK, Europe, and Asia, with no minimum deposit and commissions starting from around €1.
However, it's important to understand that DEGIRO is first and foremost a stockbroker, not a specialized retail forex broker. Jordan traders who want to trade currency pairs with high leverage will find the 1:10 maximum leverage very restrictive, and the proprietary platform lacks many features that forex traders rely on. That said, if your goal is to build a long-term portfolio of international shares and ETFs while keeping costs minimal, DEGIRO is a solid, regulated choice. This review examines how DEGIRO serves traders based in Jordan, including deposit routes like USDT and Skrill, and whether it fits the local trading context.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Netherlands |
| Regulated by | AFM,BaFin |
| Min Deposit | $0 |
| Max Leverage | 10 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| 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 |
DEGIRO does not offer Islamic or swap-free accounts. This is a significant limitation for Jordan's majority-Muslim population. Under the Dutch regulatory framework, DEGIRO applies standard overnight swap (rollover) fees on all leveraged products, including forex and CFDs. These fees are based on the interest rate differential between the two currencies, which is not Sharia-compliant as it generates riba (interest).
Jordanian traders looking for a halal trading solution will not find it at DEGIRO. There is also no mention of adjusting swap fees to zero, and the platform does not allow you to disable overnight charges. If you hold a position across the daily cutoff time, the swap will be deducted or credited. For observant Muslim traders in Amman or Zarqa, it is better to choose a dedicated Islamic forex broker that offers a genuine swap-free account with no hidden fees and a clear Sharia-compliance certificate.
| 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 |
| 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% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| DEGIRO (current) | $0 | Check broker | No | No | 3.4 |
| 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 |
DEGIRO is a safe and innovative broker for Jordanian investors who want to buy and sell global stocks and ETFs at low cost. Its AFM and BaFin regulation, transparent fees, and wide product range are all strong advantages. However, this review focuses on retail forex trading, and in that context DEGIRO falls short: maximum leverage of 1:10, no MetaTrader platforms, no Islamic account, and a limited currency selection mean that forex traders in Jordan will quickly find themselves constrained.
If you are a Jordanian resident looking for a long-term investment account to diversify into international shares and index funds, DEGIRO is recommended. For those whose primary activity is forex or CFD day trading, we suggest looking at regulated brokers that offer dedicated swap-free Islamic accounts, MetaTrader support, and leverage of 1:100 or higher. DEGIRO is simply not built for that purpose.