DeGiro is a leading Italian manufacturer of cashmere sweaters. Sweaters produced by DeGiro can be found in many of the best retail stores all over the world. These sweaters are among the highest quality sweaters on the market today. Unfortunately, the Italian manufacturer does not have a very good reputation in the United States. Is there a possible solution?
Yes, there is a solution to the debt dilemma. The transaction cost between DeGiro UK and DeGiro NL are different. For instance, purchasing an ETF listed on Euronext London has a minimal transaction cost of $2.50 + 0,53% on DeGiro UK but only $2.00 + 0,40% on DeGiro NL. This is due to the European trading platform which DeGiro has chosen to operate.
If you do not have an internet connection in your home country, you may be unable to access DeGiro's European forex trading platform. However, if you have access to a laptop with internet, you can still go ahead and place orders. Most of the time, you can get access to the platform within five minutes. You simply place your order and the trade will commence once you confirm. As the fees are European based, this is not a problem.
What is the catch? You will not get access to the top traders using DeGiro's European trading platform. This does not affect most investors. It may affect those investors who are looking for more aggressive or volatile moves in the market. While they can get access, it will be at a much higher cost than what they would pay to other brokers.
This is where DeGiro UK comes into play. Its commission structure is significantly lower than that of its competitors. For instance, it charges just five p.c. per trade. Compare this to the average of seven p.c. charged by the other platforms and you will realize how great this platform is. For an investor, this is definitely worth it. Most investors have the time to make a few trades each month and these trades translate to decent earnings.
As a trader looking for a platform that offers full-service investors, DeGiro UK is a highly recommended choice. It allows you to set your margins as low as you want and gain access to both traders and institutional traders. If you have more than two hundred pounds invested, you also have access to a higher margin. This will enable you to maximize your returns even further.