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Trading Possibilities

Why do I have to complete a test before I can trade a product?

Answer

As a regulated financial institution, DEGIRO is required to conduct an Appropriateness Test for complex financial instruments. The test aims to assess your knowledge and/or experience with regards to investing in Financial Instruments and the different types of Financial Instruments that you can trade via our platform. Investing in Financial Instruments without sufficient knowledge and/or experience leads to an increased risk of loss.

Without passing the respective test, it is not possible to open a new position in the respective products or to increase an existing position. However, it is still possible to close existing positions in these product groups. If you do not pass the test, you can try two more times. If you have not passed the test after the third attempt, you can retake the test again after 24 hours.

Once an Appropriateness Test has been passed, the respective product group can be enabled via the 'Product Settings' section of our platform's settings.

For more information on the different characteristics of various financial products, please visit our Knowledge Center and/or refer to ISI - Characteristics and risks of Financial Instruments.

 

Please note that this is different from the test you are required to do to enable Basic and Standard investment products. The outcome of this general test does not affect the availability of the financial instruments on your platform.

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We want to empower people to become the best investors they can be. By offering a universe of possibilities and choices on our user-friendly platform, we are removing barriers to make investing accessible to everyone: beginners or experts. You get access to a wide variety of products on more than 45 global exchanges to have the freedom to invest the way you like. In our world, you also get great value for money. So, without compromising an inch on the quality, security and range of our investment services, we offer incredibly low fees. Prioritising your needs has helped us become the leading European online broker. Our 3+ million clients and 100+ international awards are proof of our success.
 
flatexDEGIRO Bank Dutch Branch, a foreign branch of flatexDEGIRO Bank SE | Amstelplein 1, 1096HA Amsterdam | phone: +49 69 5060419 50 | e-mail: clients@degiro.ie | flatexDEGIRO Bank Dutch Branch is registered with the Dutch Chamber of Commerce under number 82510245. | flatexDEGIRO Bank Dutch Branch, trading under the name DEGIRO, is the Dutch branch of flatexDEGIRO Bank SE. flatexDEGIRO Bank SE is primarily supervised by the German financial regulator (BaFin). In the Netherlands, flatexDEGIRO Bank Dutch Branch is registered with DNB and supervised by AFM and DNB. | flatexDEGIRO Bank SE is a licensed German bank supervised by the German financial regulator and registered with the German Chamber of Commerce under number HRB 105687.
 
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