Europe’s fastest-growing securities broker Degiro will launch a revolutionary new zero-cost platform.
DEZIRO will allow clients to buy and sell real shares for free, wherever they are in the world, with no fees, commission, or hidden costs – all by using an advertising-based revenue model. Within the coming 12 months DEZIRO will be launched in 20 different countries worldwide. Investors are encouraged to sign up to the waiting list today for early access.
This opens a radical new front in DEGIRO’s crusade to eradicate extortionate fees for retail traders and the long standing, unnecessary and unfair institutional advantage. DEGIRO has already brought institutional-style fees to retail traders and investors, decreasing costs by 80 per cent though intelligent technology and avoidance of needless add-ons.
DEZIRO offers stocks for free. With stocks, DEZIRO means real stocks on the regulated markets. Thanks to fractional trading, even the smallest investors can benefit. DEZIRO will also offer all other exchange traded products like, ETF´s, small caps and derivatives, against marginal fees. As well as being simple, fast, and user-friendly, DEZIRO is safe. Investments will be segregated in a separate custodian entity, meaning that client money will be secure no matter what happens.
Gijs Nagel, Director at DEGIRO, says “Two years ago we revolutionised trading across Europe with DEGIRO, cutting costs by 80 per cent. But this is not enough – we want to overhaul the online trading marketplace. For certain types of trading, there can and should be a zero-cost option. While we’re starting with stocks, it is our firm belief that the no-fees, advertising-based model will play a major role in the future of trading. When the industry looks back in 10 years’ time, the idea of having ever paid for online trading will be preposterous – now is the time for change.”