Can I use Margin Loan if I have a Basic Profile?

• If you log in and go to Settings and then to Product settings, you'll find the option for Margin Loan (Debit Money).
• Once you select this option, you see a dedicated Margin Loan (Debit Money) page with the test in blue and the agreement greyed out.
• The Sign Agreement option will be selectable.

After signing the agreement:
You will have a Reflection Period of 24h before the Margin Loan gets activated. After the Reflection Period, you retain your right to withdraw for another 14 days. This means that you can opt out and cancel the activation of Margin Loan.

Margin Loan allows you to borrow money to invest in securities, using the securities you already hold in your DEGIRO account as collateral. Please be aware of the risk of loss associated with such a loan and the interest rate you will have to pay. It costs money to borrow money. 

You can activate Margin Loan in your account, and after reviewing the precontractual information, successfully passing the Appropriateness Test and giving your explicit consent to the Debit Money (Margin Loan) Conditions. For additional information please see our Standard Information Debit Money.

If you meet the requirements mentioned above, you can use the borrowed money to invest in securities. The amount you can borrow depends on the types and value of securities in your portfolio. For more information on the loanable amount, please consult our Investment Services Information document Security Value, Risk, Debit Money and Debit Securities.

You can find the interest rate in the Fee Schedule under ‘Debit rates’, as well as a sample calculation and actual annual interest rate in the Standard Information Debit Money.

Margin Loan can be suitable for you if you are willing to take risk and are able to suffer an amount exceeding your initial investment as a loss, and if you invest with a short-term investment horizon in mind (short-term means generally less than five years but the average investment horizon depends on the specific product).

The profile associated with users of Margin Loan are mostly investors who are willing to accept higher risk and that also accept the possibility of debt that comes with investing with leverage.

You can find more information about investor profiles here: ISI_Profiles.pdf (degiro.cz).

Note:
The service Debit Securities and Derivatives is not available to this Profile. Please refer to the Investment Services Information document Security Value, Risk, Debit Money and Debit Securities in the Investment Services Information.

Please note: when investing with borrowed money, the leverage effect is applicable and profits and losses are therefore amplified. This means that you can end up losing more money than what you initially invested. Therefore, we advise you to only invest in those products if they match your risk tolerance and your financial situation.

Warning: Investing involves risks of loss and currency fluctuations. If you invest with this product, you may lose some or all of the money you invest. You can lose (a part of) your invested funds. This is not investment advice. We advise you to only invest in financial products that match your knowledge and experience. Indirect costs may apply (e.g., spreads, fund charges). The value of your investment may go down as well as up. The information contained on this page does not take into account the customer's individual financial and/or tax needs. A margin loan is binding on you and must be repaid. Make sure you are able to repay the credit in case of security value fluctuations.