As a regulated financial institution, DEGIRO is required to conduct an Appropriateness Test for complex financial instruments. The test aims to assess your knowledge and/or experience with regards to investing in Financial Instruments and the different types of Financial Instruments that you can trade via our platform. Investing in Financial Instruments without sufficient knowledge and/or experience leads to an increased risk of loss.
Without passing the respective test, it is not possible to open a new position in the respective products or to increase an existing position. However, it is still possible to close existing positions in these product groups. If you do not pass the test, you can try two more times. If you have not passed the test after the third attempt, you can retake the test again after 24 hours.
Once an Appropriateness Test has been passed, the respective product group can be enabled via the 'Product Settings' section of our platform's settings.
For more information on the different characteristics of various financial products, please refer to ISI - Characteristics and risks of Financial Instruments.
Please note that this is different from the test you are required to do to enable Basic and Standard investment products. The outcome of this general test does not affect the availability of the financial instruments on your platform. |