Trading

You have the possibility to invest on almost all stock exchanges worldwide, for a full list of available markets please refer to Products & Markets

DEGIRO works with a portfolio based margin model to establish the risk of the entire investment portfolio. For the calculation of the risk on options DEGIRO uses an option valuation model. This model calculates the value of the options influenced by for instance the underlying value and implied volatility. DEGIRO applies a fixed set of scenarios to a share or option to calculate the risk of a portfolio.

The risk model for options applies to both stock and index options and will make an indication of the risk irrespective of the composition of the portfolio. In this case risk is seen as the amount that DEGIRO holds as its perceived value of mutations that can take place within two trading days.

The risk model takes in account the following features which influence option values:

  • Value of share of underlying
  • Level of implicit volatility
  • Time to maturity
  • Level of dividend
  • Level of interest rates

 

To establish the risk of a specific option position, the risk model combines the various aforementioned features. A scenario is created where the various features are related with each other. For more information on the way in which DEGIRO manages risk, please refer to our Investment Portfolio Risk Handbook

.

Yes, certainly. In order to trade in futures, you will require an 'Active' or 'Trader' account which you can upgrade to as soon as you have completed registration and logged in.

Yes.  You can take short positions both intra-day and overnight.  You can go short in various products and on a multitude of stock exchanges.   If you go short, you sell the shares that you do not hold, with the aim of buying these back later at a lower price.  All of the administration duties associated with borrowing shares are handled automatically by DEGIRO.  In order to take a short position you will require an ‘Active‘ or ‘Trader‘ account which you can upgrade to as soon as you have completed registration and logged in.

American options are now available.  Please refer to the ‘Products and Markets‘ page on our website for all option markets currently available.  To trade in options you will require an ‘Active‘ or ‘Trader‘ account which you can upgrade to as soon as you have completed registration and logged in.

Orders can be placed from 12.00 pm GMT (+/- DST) before the US exchange opens at 2.30 pm GMT (+/- DST).

It will soon be possible to buy fractions of products (e.g. shares) with DEGIRO via a combined order.  You select the total amount for which you would like to buy a combination of products and then state the percentage you would like to invest in each.  Shares for exactly those amounts can then be purchased at the quoted price.  This makes it possible to create a spread portfolio quite simply by investing from as little as £1 in fractions of a share.

Currently transaction tax is charged for the purchase of French, Irish, Italian, and UK shares and the selling of Greek shares.  

The tax is only levied for transactions in French companies with a market capitalisation of over 1 billion Euros. For Italian companies the minimum market capitalisation is 500 million Euros.

Stamp Duty is charged for transactions on UK exchanges, with some exceptions.

An overview of the exact amount can be found here.

It will soon be possible to buy fractions of products (e.g. shares) with DEGIRO.  This works via a combined order.  You select the total amount for which you would like to buy a combination of products.  You can then state the percentage you would like to invest in each individual product.  Shares for exactly those amounts can then be purchased at the quoted price.  This makes it possible to create a spread portfolio quite simply by investing from as little as £1 in fractions of a share.