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Profiles

DEGIRO offers 5 different profile types:

  • Basic
  • Custody
  • Active
  • Trader
  • Day Trader

The investment risks associated with each account profile are lowest in Basic/Custody profiles and highest in the Day Trader profile. Use of the Derivatives, Debit Money and Debit Securities services carry extra risk and it is possible your losses could exceed the amount of your deposit, leading to a negative Balance.

A summary of the different profile types can be found in the following table:

  Basic Active Trader Day Trader
Unprecedented low fees Yes Yes Yes Yes
Trade Shares, Bonds, Investment Funds, and Trackers (ETFs) Yes Yes Yes Yes
Trade Leveraged Products and Warrants Yes Yes Yes Yes
Debit Money (buying on margin) is available No Yes. Use up to 50% of your available margin Yes. Use up to 100% of your available margin. Yes. Use up to 100% of your available margin with additional margin during trading hours
Debit Securities (going short) is available No Yes Yes Yes
Trade Derivatives (Options, Futures, and CFDs) No Yes Yes Yes
Free real time prices on Euronext exchanges Yes Yes Yes Yes
Free dividend and coupon processing Yes Yes Yes Yes

For further information please see the document Profiles and the separate fee schedules for both Basic/Active/Trader and Custody profiles.

When first registering with DEGIRO, you can choose between a Basic and a Custody account.

Basic

A Basic profile provides you with access to all available products and investment services of DEGIRO except Debit Money, Debit Securities and Derivatives. This is the standard account type when you register with DEGIRO. If desired you can change a Basic account to an Active or Trader.

Custody

A Custody profile is different from a Basic profile in that the securities are held separately from the lending pool of DEGIRO clients’ securities and are thus unable to be loaned to third parties.  Debit Money, Debit Securities, and Derivative trading is not available with a Custody profile and you cannot change to an Active, Trader, or Day Trader account. A Custody Profile has different conditions and fees.  However you will still benefit from our low transaction costs and save money through trading with DEGIRO.

Basic account holders who wish to start using Debit Money, Debit Securities, or Derivatives trading facilities can change to an Active or a Trader account. There is no additional charge

Active

An Active profile provides all the services of a Basic profile with the addition of the Debit Money, Debit Securities and Derivatives services. Under this profile, use of Debit Money is limited to 50% of your available margin. Please, see the document Security Value, Risk, Debit Money and Debit Securities for further information.

Trader

A Trader profile provides all the services of a Basic profile with the addition of the Debit Money, Debit Securities and Derivatives services. Under this profile, you have full use of 100% of your available margin. Please, see the document Security Value, Risk, Debit Money and Debit Securities for further information.

Day Trader

A Day Trader Profile allows you to trade more actively during the time that DEGIRO and the relevant markets are open. Separate limits and conditions apply to the Day Trader profile between 7:00 and 20:30 UK time. Risk will be calculated in a different way than under the other Profiles and as a consequence, with the same amount of Security Value, more exposure can be taken. Please, see the document Security Value, Risk, Debit Money and Debit Securities for further information.

For more details and to request a Day Trader account, please contact our Service Desk at clients@degiro.co.uk.

Due to the nature of the Custody account, you cannot convert a Basic/Active/Trader account to a Custody account or vice versa.