Using DeGiro

cefh17

Supercell wrote: »

Working fine here all day for my account and my account in my wife's name

Why the two?

Supercell

cefh17 wrote: »

Why the two?

Tax - capital gains, though we are assessed together for PAYE but for capital gains its calculated separately, she just lets me get on with it

TiGeR KiNgS

Hi All,

Can someone check if DeGiro online is working for them today ?

I am not getting access to my account today.
The message when I try to log in is the following;

Something went wrong. Please try again later.


Thanks,

delta_bravo

TiGeR KiNgS wrote: »

Hi All,

Can someone check if DeGiro online is working for them today ?

I am not getting access to my account today.
The message when I try to log in is the following;

Something went wrong. Please try again later.


Thanks,

Working for me

TiGeR KiNgS

delta_bravo wrote: »

Working for me

Yeah its back working for me now. Thanks

Sabre Man

CardinalJ wrote: »

Does anyone know how long it takes for Degiro to verify your account details?

I think it took 3-4 days for me but that was in 2015 so things may have changed.

Naos

Anyone having issues transferring money?

Made a transfer from my AIB account to Degiro last night but the money ended up being refunded to my AIB account today.

delta_bravo

Naos wrote: »

Anyone having issues transferring money?

Made a transfer from my AIB account to Degiro last night but the money ended up being refunded to my AIB account today.

They changed accounts I think within the last year. I got caught the same way. Did you update their details?

AlmightyCushion

I received some dividends in USD yesterday but they are staying on my portfolio as USD MMF. Any idea how I change them to Euro? I have Auto FX turned on so I thought that would automatically exchange them into Euro when I got paid them but it didn't happen for some reason.

Sabre Man

AlmightyCushion wrote: »

I received some dividends in USD yesterday but they are staying on my portfolio as USD MMF. Any idea how I change them to Euro? I have Auto FX turned on so I thought that would automatically exchange them into Euro when I got paid them but it didn't happen for some reason.

Are they upcoming dividends or have you already received them in your account?

AlmightyCushion

Sabre Man wrote: »

Are they upcoming dividends or have you already received them in your account?

I have already recieved them, they're in my account.

TiGeR KiNgS

They will be converted in the next few days automatically.

Outvestor

Is DeGiro the best platform to use investing in stocks in Ireland?

Are there are con's to the platform?

dotsman

Outvestor wrote: »

Is DeGiro the best platform to use investing in stocks in Ireland?

To be honest, it is the only one (especially for small investors). It is in a completely different league for pricing compared to the traditional ones when it comes to people who want to invest thousands and tens of thousands.

Outvestor wrote: »

Are there are con's to the platform?

Nothing major stands out.

Taylor365

Not actually owning the stocks you buy maybe....

Shai

Taylor365 wrote: »

Not actually owning the stocks you buy maybe....

that's why you use a custody account

Taylor365

Shai wrote: »

that's why you use a custody account

And lose out on a slice of all your dividends too!

Shai

Taylor365 wrote: »

And lose out on a slice of all your dividends too!

you're correct. I forgot about the dividend processing fee detailed in https://www.degiro.ie/data/pdf/ie/IE_Feeschedule_CUSTODY.pdf.

sharky86

too much choice!!! I have no idea where to start with DeGiro -what how to buy etc.

tesla38

Taylor365 wrote: »

Not actually owning the stocks you buy maybe....

Hi,
Can you explain to a newbie about owning stock?who does?also what about custody and tax on dividend?
thanks

tesla38

about dividend processing fee for custody account? 1euro+3%. when is that applied?

tesla38

anyone checked trade 212?

Taylor365

sharky86 wrote: »

too much choice!!! I have no idea where to start with DeGiro -what how to buy etc.

Research - it takes time.

tesla38

what is better?to buy US shares in usd american exchange or in euro in Frankfurt for example,same company?there is cost and exchange rate to consider

Kilboor

tesla38 wrote: »

what is better?to buy US shares in usd american exchange or in euro in Frankfurt for example,same company?there is cost and exchange rate to consider

Degiro rates are so low for US I'd always choose the US exchange for liquidity, timezone, and up to date pricing.

dotsman

Kilboor wrote: »

Degiro rates are so low for US I'd always choose the US exchange for liquidity, timezone, and up to date pricing.

Agree, I made the mistake of using Frankfurt and Extra etc when I first started using degiro. No real benefit (currency fluctuations are inadvertently built in to the Euro price anyway!) but a lot more expensive. Stick to US Exchanges for US Stocks.

heffo500

Anyone ever had issues with Degiro not having stocks listed that you want to trade? One was even on the LSE for me.

Kilboor

heffo500 wrote: »

Anyone ever had issues with Degiro not having stocks listed that you want to trade? One was even on the LSE for me.

Yes but I've never followed up with them. As far as I know you can contact them regarding this and they may add it?

heffo500

Kilboor wrote: »

Yes but I've never followed up with them. As far as I know you can contact them regarding this and they may add it?

I received the below from DeGiro:

An internal request has been made to have this product added to the platform. Please be aware that after a product insertion request has been made products are added to the WebTrader on a best available basis. Once the product is successfully added, we will get in contact.

Not much use when you want to buy something quickly, I cannot understand why all the stocks on the LSE are not covered at a minimum.

Kilboor

heffo500 wrote: »

I received the below from DeGiro:

An internal request has been made to have this product added to the platform. Please be aware that after a product insertion request has been made products are added to the WebTrader on a best available basis. Once the product is successfully added, we will get in contact.

Not much use when you want to buy something quickly, I cannot understand why all the stocks on the LSE are not covered at a minimum.

Strange one, I wonder how they base it but good that you can actually add them eventually.

Thanks for the update.

heffo500

Kilboor wrote: »

Strange one, I wonder how they base it to be honest but good that you can actually add them eventually.

Thanks for the update.

Its very frustrating the stock I wanted to purchase is up 5.71% since I first made the enquiry.

I even have seen the issue whereby some Blackrock iShares listed on the LSE are not on the platform.

Kilboor

heffo500 wrote: »

Its very frustrating the stock I wanted to purchase is up 5.71% since I first made the enquiry.

I even have seen the issue whereby some Blackrock iShares listed on the LSE are not on the platform.

That's the disappointing aspect of Degiro. One day we will have Robinhood.... One day :P

Taylor365

heffo500 wrote: »

Anyone ever had issues with Degiro not having stocks listed that you want to trade? One was even on the LSE for me.

Yes, LMT.


Their response was a good one.


"It isn't available because they produce Cluster Ammunition."

dotsman

Taylor365 wrote: »

"It isn't available because they produce Cluster Ammunition."

That's a duckin' brilliant excuse! I wish all stockbrokers behaved like this.

Taylor365

dotsman wrote: »

That's a duckin' brilliant excuse! I wish all stockbrokers behaved like this.

Even though it's contained in many indexes that are traded....

dotsman

Taylor365 wrote: »

Even though it's contained in many indexes that are traded....

That's what I would be afraid of. Scum always finds a way through.

sharky86

Can anyone tell me why the Irish stock exchange listing, now euronext are not updating in degiro? PTSB showing at 1.23 the last week without any movement.

heffo500

Kilboor wrote: »

That's the disappointing aspect of Degiro. One day we will have Robinhood.... One day :P

I have lost patience with Degiro, I requested an ISIN on the LSE was added on the 28th of March and its now May, Still not added.

I set up an IG account this morning, anyone used one before?

The online stockbroker IG, which is headquartered in London, has an office in Dublin and other European and international cities. It costs €10 to buy €1,000 worth of Irish shares from IG in Ireland - as long as you buy the shares online. Buy the shares over the telephone instead and the cost of doing so is €50. There are no charges to open an account with IG.

I know its nearly 5 times the prices to trade on Degiro but that's no use if they don't have coverage.

Kilboor

heffo500 wrote: »

I have lost patience with Degiro, I requested an ISIN on the LSE was added on the 28th of March and its now May, Still not added.

I set up an IG account this morning, anyone used one before?

The online stockbroker IG, which is headquartered in London, has an office in Dublin and other European and international cities. It costs €10 to buy €1,000 worth of Irish shares from IG in Ireland - as long as you buy the shares online. Buy the shares over the telephone instead and the cost of doing so is €50. There are no charges to open an account with IG.

I know its nearly 5 times the prices to trade on Degiro but that's no use if they don't have coverage.

Frustrated myself trying to transfer money. Was trying a Trustly transfer and it wasn't going through so tried again. Whole day nothing, then this morning 3 transactons from my bank account and no deposit on my broker.

sharky86

Kilboor wrote: »

Frustrated myself trying to transfer money. Was trying a Trustly transfer and it wasn't going through so tried again. Whole day nothing, then this morning 3 transactons from my bank account and no deposit on my broker.

European bank holiday yesterday, I would say that is the reason for the transfers been delayed yesterday.

Kilboor

sharky86 wrote: »

European bank holiday yesterday, I would say that is the reason for the transfers been delayed yesterday.

Ahhh I didn't put 2 and 2 together... thank you!

MrMusician18

I can't figure out how to do currency trading on DeGiro. Is it possible?

heffo500

Degiro confirmed to me they cannot add Trusts to our trading platform at this time.

I have queried why not?

OmegaRed

First time depositing money into Degiro. Doing it via the web using Trustly. They are asking for my Bank of Ireland login details as part of the transfer request. It doesn't sit right with me. Is it safe to do so?

Shai

OmegaRed wrote: »

First time depositing money into Degiro. Doing it via the web using Trustly. They are asking for my Bank of Ireland login details as part of the transfer request. It doesn't sit right with me. Is it safe to do so?

Why are you using Trustly for this? You should be able to just transfer money from your Bank Of Ireland account to your Degiro account.

Kilboor

OmegaRed wrote: »

First time depositing money into Degiro. Doing it via the web using Trustly. They are asking for my Bank of Ireland login details as part of the transfer request. It doesn't sit right with me. Is it safe to do so?

Yes it is safe to do so.

I believe this is a result of the PSD initiative although I could be wrong on this. From what I recall working on related projects, PSD requires all European consumer (and corporate) bank accounts to have APIs that allow third party access to make payments etc on that accounts behalf. Basically there is strict security around the area. Unless you're being keylogged you're fine.

200 is the max with trustly for instant deposit btw. The portal you see was most likely built by BOI themselves.

Wheety

OmegaRed wrote: »

First time depositing money into Degiro. Doing it via the web using Trustly. They are asking for my Bank of Ireland login details as part of the transfer request. It doesn't sit right with me. Is it safe to do so?

I wouldn't use them for the same reason. It's goes against all sense to share my bank log in details.

I just transfer from my own account. Takes a few days.

OmegaRed

Wheety wrote: »

I wouldn't use them for the same reason. It's goes against all sense to share my bank log in details.

I just transfer from my own account. Takes a few days.

Thanks for the replies folks. Forgot I actually had them setup manually in my BOI 365 already so just did the manual transfer as above. Ta

Voltex

OmegaRed wrote: »

First time depositing money into Degiro. Doing it via the web using Trustly. They are asking for my Bank of Ireland login details as part of the transfer request. It doesn't sit right with me. Is it safe to do so?

I was exactly the same. I even rang AIB to check it out with them...but they said its legit. The first transfer was through my bank..think that was to confirm the account, but after that I use Trustly.

Ush1

Are yous going with basic or custody accounts lads?