Degiro

iainBB

iainBB wrote: »

Yep true, but swing trading leverage etf it gives complete wrong market price. 😞

Current market price is over 25.50
But the app says 23.80.

airmech

If i sell and make a profit, will Degiro get a percentage? I have another broker that takes some of my profit.

BrokenArrows

airmech wrote: »

If i sell and make a profit, will Degiro get a percentage? I have another broker that takes some of my profit.

Diagro charges a flat fee + a percentage of the trade value.

Fees are listed here.
https://www.degiro.ie/data/pdf/ie/IE_Feeschedule.pdf

The Minstrel

Just wondering if there a cheaper alternative out there for ISEQ trades specifically?
Degiro is currently €2 + 0.04% with no maximum.
It has a €60 maximum charge for all other European exchanges.

topper_harley2

.04% of E100,000 is only E40 quid!

accap1f8

What happens if they close over the next few years?
I'm going to buy shares on iseq in the next few days.

BrokenArrows

accap1f8 wrote: »

What happens if they close over the next few years?
I'm going to buy shares on iseq in the next few days.

Its a regulated company. They cant just close and disappear.
Your money is as safe as in any bank.
They also keep your money separated from Degiro so even if Degiro were to go broke then your money cant be claimed by anyone Degiro owes money to.

https://www.degiro.co.uk/about-degiro/safe-and-reliable.html

accap1f8

Thank you. I'll buy away so and leave it sit there. By far the cheapest way to buy shares.

valoren

It's great as you can accumulate positions over time (a share here another there etc) if you want and not wait because you would be fleeced on fees otherwise with that approach.

accap1f8

Getting an error with the limit order.
Buy price too high compared to ask price.

Can any one tell me how to buy €3000 worth of a share on iseq

BrokenArrows

accap1f8 wrote: »

Getting an error with the limit order.
Buy price too high compared to ask price.

Can any one tell me how to buy €3000 worth of a share on iseq

That error means the price you have entered is too different from the market price.

So if the stock price is 5.00 and you entered 50.0 then the platform will reject it.

You enter the price per share in the Limit box and the quantity in the quantity box.

accap1f8

So let's say by some miracle I make money.
Is DEGIRO in contact with revenue?
How would revenue know I have made a profit on my shares?

iainBB

accap1f8 wrote: »

So let's say by some miracle I make money.
Is DEGIRO in contact with revenue?
How would revenue know I have made a profit on my shares?

I believe it's self declaration . Don't even think about trying to avoid tax here lol

accap1f8

Cgt is self declaration and I wouldn't avoid it. I was just wondering if revenue have any contact with degiro

Amouar

accap1f8 wrote: »

Cgt is self declaration and I wouldn't avoid it. I was just wondering if revenue have any contact with degiro

Degiro asks for your PPS during the registration process, so chances is that they might share details with the revenue at some point if it's not already the case.

aquascrotum

Long time lurker, have recently signed up to Degiro as I'm based in the UK and really need to start future proofing myself in terms of Sterling tanking.

I've bought shares in a few US and Euro shares (generally safe-ish haven stocks I hope, Ryanair and the likes) with the hope that the currency change keeps me ahead of where GBP is likely to be shortly...but was wondering can I use Degiro to buy and hold currency?

Can anyone give an idiots (term not used lightly!) guide?

robp

aquascrotum wrote: »

Long time lurker, have recently signed up to Degiro as I'm based in the UK and really need to start future proofing myself in terms of Sterling tanking.

I've bought shares in a few US and Euro shares (generally safe-ish haven stocks I hope, Ryanair and the likes) with the hope that the currency change keeps me ahead of where GBP is likely to be shortly...but was wondering can I use Degiro to buy and hold currency?

Can anyone give an idiots (term not used lightly!) guide?

Ryanair is airline and is highly vulnerable to shocks. I wouldn't consider it safe haven at all. Now its good to have a mix of course of defensive and non defensive. For currency you could just use your Irish and UK banks accounts. However playing with currency is basically gambling so be careful.

Green Mile

On De Giro: I am trying to place an order on the London Stock Exchange at a price of £11.63 a share, hoping to buy 71,600 share (approx. €9,500).

However, I can getting the following error message (which is attached): rejected order because price does not match ticksize

Any idea what I need to do to get around this? I understand this stock exchange is two point decimal but what do I need to enter to buy the share? I thought I need to enter 00.1163 and then buy 71,60000 units? This doesn’t work either so not sure what to do.

Any help appreciated!

iainBB

Green Mile wrote: »

On De Giro: I am trying to place an order on the London Stock Exchange at a price of £11.63 a share, hoping to buy 71,600 share (approx. €9,500).

However, I can getting the following error message (which is attached): rejected order because price does not match ticksize

Any idea what I need to do to get around this? I understand this stock exchange is two point decimal but what do I need to enter to buy the share? I thought I need to enter 00.1163 and then buy 71,60000 units? This doesn’t work either so not sure what to do.

Any help appreciated!

I have ran into this a few times alright,

You sum does not add up first at 11.65 you can only buy about 770 shares.


The stock price has to be two dec points only so stock price is
11.65

Number of shares is
700

The warning message is pants. It just confused you more

Green Mile

@ iainBB Thanks, i've tried 700 as you suggested but still same error message. I'll email De Giro now, they probably wont respond until after the weekend.

iainBB

Green Mile wrote: »

@ iainBB Thanks, i've tried 700 as you suggested but still same error message. I'll email De Giro now, they probably wont respond until after the weekend.

Should look like this

iainBB

iainBB wrote: »

Should look like this

This

Green Mile

Yeah I tried as per my attached, still same error
I'll post what De Giros support tells me when they reply.

BrokenArrows

Green Mile wrote: »

Yeah I tried as per my attached, still same error
I'll post what De Giros support tells me when they reply.

You are entering 11.63 in the price. This is wrong.

The LSE trades in pennies. So if the price is £11.63p then you need to enter 1163 in the price field.
By entering 11.63 the system thinks you are trying to buy the share for 11.63pence which is far to little and an invalid decimal point on the lse as you cant trade in fractions of pence.

Green Mile

Thank you, I'm getting a new error now. I've attached this. Feeling idiotic but I can't figure it out. Thanks for you help.

Currently £12 a share but I want to set an order for £11.63 a share.

Green Mile

Green Mile wrote: »

Thank you, I'm getting a new error now. I've attached this. Feeling idiotic but I can't figure it out. Thanks for you help.

attached.

BrokenArrows

Green Mile wrote: »

attached.

Can you please tell us what the share is so i can look at the price?

Green Mile

BrokenArrows wrote: »

Can you please tell us what the share is so i can look at the price?

Providence Resources PLC

lawred2

What do you know about Providence that we don't?

BrokenArrows

Green Mile wrote: »

Providence Resources PLC

Ah so the price is actually 12.00 which means 12pence

So your initial purchase should have worked.
Maybe its something to do with the fractions of pence.

Looking at all the trades on that product they are all round numbers. Try 11.64 or 11.62 with a quantity of 71600