Degiro - basic vs custody

Dear all

Regarding the type of Degiro account, I see @_MP suggesting the “custody” one, and my understanding is that it should be “safer” (please correct me here) however did anyone choose “basic” and can briefly explain the main difference?

Thanks in advance.
Don

Hi

I would recommend you to go through DEGIRO FAQ.

https://www.degiro.ch/fr/helpcenter/faq/devenir-client/1037#1555/quelles-sont-les-diff-rences-entre-les-profils-basic-active-trader-et-custody (available in German, English and Italian too).

When I had my account with Degiro, I was using the “basic” and was happy with it. I didn’t feel insecure because of the securities lending and used the margin from time to time.

Best

1 Like

Thank you @Guillaume_GVA
I had a look and also checked out this website https://www.p2pinvesting.eu/degiro-review-etf-strategy/ that helped me in my choice: I leave it here as reference for some future user in the same situation.

Cheers

This topic was also addressed here and in MP’s blog.

By the way, I chose the custody account. I think that the extra safety is worth the small fee.

Me too. Just got the account opening confirmed a couple of minutes ago.

By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, vous confirmez avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/