In December 2019, Degiro was acquired by German online brokerage group Flatex AG for approximately €250 million, with the merger completed in 2021, and Degiro continues to operate as a separate brokerage brand within Flatexdegiro SE. Degiro differentiates itself through a combination of a user-friendly and comprehensive platform with incredibly low fees. The merger created the biggest online execution-only broker in Europe with its own banking license.
Cyborg Score Rationale
Degiro has become one of the largest brokers in Europe. The platform operates in 15 countries and serves over 3 million customers. Despite regulatory challenges and some customer service concerns, the platform benefits from extensive market access, transparent low-cost fee structure, and backing by a regulated European banking entity.
Top Insights
Operates as Dutch branch of Flatexdegiro Bank SE, regulated by BaFin (Germany), AFM (Netherlands), and DNB with own banking license
Serves 2.5-3+ million investors across 15 European countries with access to 50+ global exchanges
Competitive low-fee model: €2 per US trade, commission-free ETF core selection, zero minimum deposit
Regulatory history includes AFM compliance orders and fines; customer support complaints documented but platform awarded 100+ international accolades (2025-2026)
Named Competitors
Trade Republic — Mobile-first European investment app with automated portfolios
Scalable Capital — Automated robo-advisory and simplified ETF portfolio building
Interactive Brokers — Global brokerage for active and professional traders
Flatex — Parent company providing banking infrastructure and regulatory oversight
Recent Developments
(June 2026) MiFIR Article 39a temporary exemption for venue payment practices expired on June 30, 2026
(June 2025) Promotional offer of transaction fee reimbursement up to 100 GBP ended July 31, 2025
(2021) Legal merger of Degiro B.V. into Flatexdegiro Bank AG completed, creating Europe's largest execution-only broker
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