Trading

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. 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.

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 place many different order types with DEGIRO.  For a full list of current order types, please refer to 'Product & Order Types', via the 'Products & Markets' tab on the home page.  For more information on the different order types becoming available soon, please refer to our guide in the document centre.

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.  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.

For this type of order, you select the amount you would like to invest in a combination of products and then state which products these are.  You can state the percentage that you would like to invest in each product.  Shares for exactly those amounts can then be purchased at the quoted price.  A separate fee applies for the combined order which does not include the fixed costs per product.

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.

At DEGIRO foreign currency transactions can be handled in two ways.

With the AutoFX function all foreign currencies will automatically be purchased for you. Furthermore, all monies which arise from sales of financial instruments or from any other transactions will be automatically be converted to the base currency EUR. When the AutoFX function is on you will only have a cash position in EUR.

With the Manual function you will have the possibility to manually purchase foreign currencies. When the manual function is turned on for a particular currency, a cash position in this currency will be held as a foreign currency. When the manual function is turned on, you will have a spending limit up to your position in this currency. For example, when you have a cash balance in USD of $5,000 alongside a cash balance of €5,000 GBP and you attempt to place an order for $6,000, then this order cannot be accepted because of inadequate USD balance.

With DEGIRO you will automatically use the AutoFX function. However, when you frequently use foreign currencies, then the Manual function could be cheaper than the AutoFX function. The differences in fees are shown in the Fees.

Products can be found using the ticker code, as long as the ticker code contains more than three characters. In due course other ticker codes will be added to the platform.

If, for some reason, you are unable to place an order via the website or via the order desk, you can use the e-mail Orders@degiro.ie. When you send an email containing your order, than this order will be executed if the market prices allow this. The order will be sent to the corresponding exchange by DEGIRO if the e-mail contains the following information:


- Username
- Product (Option series or ISIN number)
- Buy/Sell order
- Number/amount
- Limit
- Day order or continuous order
- Exchange

An e-mail order has a maximum amount. Furthermore, additional fees are applied and these can be found in the document ‘Fees’.

Of course it is possible to place an order by telephone. But an additional fee is applied and these can be found in the document ‘Fees’. 

ISIN stands for International Securities Identification Number and identifies tradable securities by their unique code. This is the safest way of searching for products, because it minimizes the chances of buying the wrong product by accident.

The order storage will save your order when you place it outside trading hours. Your order will be sent as soon as the corresponding exchange opens. Order for European exchanges will be sent at 06:15 GMT on trading days and order for American exchanges will be sent at 14:29:30 GMT on trading days.

When your order is placed in the order storage it is impossible to alter is. However, it is still possible to cancel your order and place another one.

An order placed during trading hours will immediately be sent to the exchange. If the order wasn’t executed it will still be outstanding. Day orders will automatically be cancelled before the exchange opens again, continuous orders can be cancelled from 07:15 the next trading day.

When you try to cancel an outstanding order after trading hours, your deleted order will be saved by the order storage. For more information on the order storage, please refer to “How does the order storage work”?