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Experiences with this broker Degiro
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Experiences with this broker Degiro

  #1 (permalink)
Bratislava, Slovakia
 
 
Posts: 13 since Jul 2015
Thanks: 6 given, 1 received

Experiences with this broker Degiro

Hey everybody,

I would like to know if someone has any experiences with broker "Degiro". Its low-cost broker and so far Ive read lots of negative reviews. It operates only in several European countries.

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  #2 (permalink)
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  #3 (permalink)
Kalispell montana
 
 
Posts: 158 since Jan 2015
Thanks: 157 given, 23 received



MarB View Post
Hey everybody,

I would like to know if someone has any experiences with broker "Degiro". Its low-cost broker and so far Ive read lots of negative reviews. It operates only in several European countries.

Come to any conclusion yet?

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  #4 (permalink)
Bratislava, Slovakia
 
 
Posts: 13 since Jul 2015
Thanks: 6 given, 1 received

Not really, I just got some information when I called them several times. Im gonna open a small account there and see what happens, their costs are very very low so I really wanna try it, if anyone interested I can later write here some info how it goes at Degiro.

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  #5 (permalink)
Berlin+Germany
 
 
Posts: 12 since Aug 2015

Why are you interested in this broker Degiro? I think that the more reliable broker is the less risks you have. There are lots of brokers with cents accounts nowadays, why don't you try them?

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  #6 (permalink)
Bratislava, Slovakia
 
 
Posts: 13 since Jul 2015
Thanks: 6 given, 1 received


Sumatra View Post
Why are you interested in this broker Degiro? I think that the more reliable broker is the less risks you have. There are lots of brokers with cents accounts nowadays, why don't you try them?

Could you please name some of them? Ive done some research about brokers and this one has the lowest costs. So I will be glad if you could tell me some alternatives to this one, with competitive costs/conditions.

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  #7 (permalink)
Sydney, Australia
 
Trading Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 460 received


MarB View Post
Could you please name some of them? Ive done some research about brokers and this one has the lowest costs. So I will be glad if you could tell me some alternatives to this one, with competitive costs/conditions.

Your cheapness is going to cost you your money in the way of a scam by a dodgy broker, just use one of the many major brokers that most people here use.

Good luck with your trading btw, if you are wiling to skimp on a good broker to save a few dollars you're gonna die when you make a loss on a trade.

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  #8 (permalink)
Brugge, Belgium
 
Trading Experience: Beginner
Platform: Sierra Chart
Broker/Data: Gain
Favorite Futures: 6E, FGBL, FESX
 
Posts: 20 since Dec 2011
Thanks: 18 given, 24 received


PeakGrowth View Post
Your cheapness is going to cost you your money in the way of a scam by a dodgy broker.

This article reveals dodgy practices at DeGiro:

DeGiro : clients as counterparty for hedgefund

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  #9 (permalink)
Brugge, Belgium
 
Trading Experience: Beginner
Platform: Sierra Chart
Broker/Data: Gain
Favorite Futures: 6E, FGBL, FESX
 
Posts: 20 since Dec 2011
Thanks: 18 given, 24 received

More information on DeGiro routing orders to their own hedge fund instead of executing them against other customer's orders:

How DeGiro screws clients | amsterdamtrader

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  #10 (permalink)
San Francisco CA
 
Trading Experience: Intermediate
Platform: Ninja
Broker/Data: CQG
Favorite Futures: ES
 
Zxeses's Avatar
 
Posts: 139 since Jun 2014
Thanks: 90 given, 170 received



janbab View Post
More information on DeGiro routing orders to their own hedge fund instead of executing them against other customer's orders:

How DeGiro screws clients | amsterdamtrader

These dark pools should be banned by every country. Its nothing more then legal but unethical front running. They violate the basic tenents of an open market. Even in the rare case of a better-then-market trade in your favor, the guy on the other side of the trade got screwed.

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