DEGIRO Review 2026: Is This Low-Cost Broker Right for Ukraine Traders?
PROS for Ukraine Traders
- Ultra-low commissions on stocks and ETFs, ideal for Ukraine investors building a long-term global portfolio.
- Strong EU regulation by AFM and BaFin, with client money kept in segregated accounts at a Dutch bank.
- $0 minimum deposit and no account maintenance fees for retail clients, making it accessible to any Ukraine trader.
- Access to 50+ exchanges around the world, including US, European, and Asian markets, with no hidden market data fees for basic data.
- Free demo account and a solid mobile app, useful for beginners in Ukraine to practice before going live.
CONS for Ukraine Traders
- Maximum leverage of only 1:10 for direct forex trading – a dealbreaker for serious retail forex traders in Ukraine.
- No MT4, MT5, cTrader or TradingView support; the proprietary platform has limited charting and no automated trading.
- No Islamic account or swap-free option, excluding Muslim traders from Ukraine who require Sharia-compliant trading.
- Deposits from Ukraine are inconvenient: no support for local systems like Privat24, LiqPay or monobank; SWIFT fees can be high.
- No Ukrainian or Russian customer support, and support tickets can take 1-2 days for a response.
DEGIRO Overview for Ukraine
DEGIRO was founded in 2008 by Simon Swagerman and a team of economists in the Netherlands, and in just over fifteen years it has become one of Europe's largest online brokers, serving more than three million active clients. The broker is known for its ultra-low commissions, transparent pricing, and access to more than 50 stock exchanges across Europe, North America, and Asia. For Ukraine traders, DEGIRO offers a rare combination of $0 minimum deposit, strong EU regulatory oversight through AFM and BaFin, and a broad selection of stocks, ETFs, bonds, options, futures, and even fractional shares in certain markets. Forex trading does exist, but in a limited form: a small range of currency pairs is available with a maximum leverage of 1:10, which is conservative compared to the 1:500 commonly seen at dedicated retail forex brokers. The proprietary web and mobile platforms are stable and user-friendly, ideal for managing a long-term investment portfolio. However, for Ukrainian traders focused strictly on short-term retail forex speculation, DEGIRO lacks MetaTrader 4/5, advanced charting, copy trading, and swap-free Islamic accounts. This review will examine how DEGIRO works for Ukraine-based traders, including fees, regulations, account opening, and the most common mistakes to avoid.
| 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 |
Regulation & Safety — Is DEGIRO Safe for Ukraine?
Spreads & Trading Costs 2026
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
Account Types for Ukraine Traders
| 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 |
Trading Platforms Available
Deposits & Withdrawals — Ukraine Guide
Islamic Account — Ukraine Muslim Traders
DEGIRO does not offer Islamic (swap-free) accounts. Every forex and CFD position that is held overnight will incur financing or swap fees in both directions, which is prohibited under Sharia assumptions about interest. Ukrainian Muslim traders who require a swap-free account will not find a compliant solution at DEGIRO, and the broker does not allow converting a standard account to an Islamic one. In the surrounding region, dedicated Islamic forex brokers such as Islamic accounts at Exness, FBS, or HF Markets provide swap-free conditions with the same leverage as regular accounts. If halal compliance is important, it is better to choose a broker that explicitly advertises swap-free accounts and charges no hidden fees for the service.
| 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 |
Instruments & Markets in Ukraine
| 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% |
Education & Research Tools
Customer Support — Ukraine Review
Common Mistakes Ukraine Traders Make with DEGIRO
- Mistake: Expecting high-leverage forex trading on DEGIRO – maximum leverage is only 1:10, so opening a small account will produce tiny profits and high relative costs.
- Choosing DEGIRO for a swap-free Islamic account – DEGIRO has no swap-free option, so positions are charged overnight interest that conflicts with Sharia law.
- Depositing via USDT or crypto without checking regulations – DEGIRO doesn't support crypto deposits, and using third-party processors can lead to frozen funds or KYC headaches.
DEGIRO vs Competitors in Ukraine
| 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 |
Security & Fund Protection — DEGIRO
Segregated Funds
Negative Balance Protection
Top-tier Regulation
DEGIRO User Reviews & Ratings
Trustpilot Rating
CompareBroker Expert Rating
What traders love
Common complaints
DEGIRO Latest News & Updates 2026
Final Verdict — Is DEGIRO Worth It for Ukraine Traders?
Is DEGIRO the right broker for you as a trader from Ukraine? The answer depends on your trading style. If your goal is low-cost investing in international stocks, ETFs, bonds and options, DEGIRO is one of the most competitive platforms in Europe and is perfectly usable from Ukraine, despite the absence of local deposits. But if your focus is retail forex trading – scalping, day trading, EA automation, or Islamic swap-free accounts – DEGIRO is not recommended. The 1:10 leverage, lack of MetaTrader, and high handling costs for small forex positions put you at a serious disadvantage compared to dedicated forex brokers that openly accept Ukrainian clients. Our final recommendation is simple: use DEGIRO for long-term brokerage and portfolio building, but keep a separate account at a specialised forex broker such as Exness or FXTM for active currency trading.