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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 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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DEGIRO is the first wholesale broker for private investors. An online investment platform for all types of investors. DEGIRO enables its customers to invest worldwide at unprecedented low rates. DEGIRO is investing globally for everyone. Previously, investing was often limited to stock exchanges in Europe or the United States. Through one platform, all DEGIRO investors gain access to products and markets worldwide. This means that private investors can spread their investments much better. DEGIRO fits perfectly with the investor who manages his business online. For us, customers do not pay for the salary of unnecessary staff. DEGIRO takes away the last difference between professional and private investors; the fees. Essential for the return of private investors.

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