How to Deposit Money on DEGIRO and Buy an ETF

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First deposit at DEGIRO and first ETF investment Logo

After having opened my DEGIRO account recently, it was time to use my DEGIRO account. My first deposit reached my DEGIRO broker account! Let’s start with the good, there is no fee for transfer! I have transferred 1000 CHF and exactly 1000 CHF arrived in my account. I was afraid of a hidden fee or transfer fee. But there are no fees!

With the bad news now: The transfer took 8 days. I sent the transfer Friday 17th, the bank debited it from my account Monday 20th. It only arrived today, Tuesday 28th on my broker account. I have contacted DEGIRO several times in the meantime to ask about the whereabouts of my money. They did have an issue with their bank (CIC Bank, Basel).

The bank was not transferring the money statements to them for about a week. So, normally, this should not be so slow. I am inclined to give them the benefit of the doubt for this one. I will see what happens to my second transfer. I sent it yesterday and it should arrive tomorrow on my DEGIRO account. If this issue is something that happens regularly, this is a really bad thing for DEGIRO. But we will see.

Update (6 months later): I have not had any more issue of that sort with DEGIRO!

My first investment at DEGIRO

With some part of this money, I bought 13 shares of Vanguard Total World Stock ETF (VT) at 73.16 USD. This ETF is a passive fund that holds 8109 stocks in the entire world, weighted by capitalization. It contains around 50% of the stocks from the United States and the rest is from the entire world. The fund contains 2.5% of stocks from Switzerland. It has a very low Total Expense Ratio (TER) is 0.09%, which is very low and absolutely fine for me.

Since this ETF is in the list of free ETF offered by DEGIRO, I did not pay any fee to buy the shares. Nevertheless, I paid a small fee for currency conversion. I paid 0.19CHF on an order of 936.80 CHF, which means a fee of 0.02%. This is pretty good since I was paying around 0.5% fee for funds on PostFinance :)

The buy was pretty easy to do on DEGIRO, no issues here. At first, not very clear, but it turned out quite OK. I will post more information on the future on how to use DEGIRO. I received a mail notification for both the deposit and the trading transactions. Everything seems fine.

I am not yet totally sure on my final portfolio. But VT will definitely be a part of it and probably a large part at that. I will keep you up to date as soon as I update my portfolio.

If you want to learn more about brokers, learn How to buy an ETF with Interactive Brokers

About the author

Mr. The Poor Swiss

Mr. The Poor Swiss is the main author behind In 2017, he realized that he was spending more and more every year, falling into the trap of lifestyle inflation. He decided to cut on his expenses and increase his income. This blog is relating his story and findings. In 2018, he saved more than 40% of his income. He made it a goal to reach Financial Independence. You can send Mr. The Poor Swiss a message here.

6 thoughts on “How to Deposit Money on DEGIRO and Buy an ETF”

  1. Hi,

    I just wanted to know whether you have any USD bond ETF or mutual fund in mind that can be bought through DeGiro. Thanks.

    1. Hi Julio,

      Thanks for stopping by.

      If I were to buy a USD Bond ETF, I would definitely buy Vanguard Total Bond Market ETF (BND). It is indexing the entire bond market of the US. And it has very cheap TER (0.05).


  2. Hi Mr. The Poor Swiss,

    Thanks for sharing.

    Let me ask you several questions:

    1)You wrote “It has a very low Total Expense Ratio (TER) is 0.11%”.
    I am wondering what is the difference between Total Expense Ratio and Expense Ratio?
    Today (26.03.2019) I checked the link you provided and found: Expense ratio 0.09%.

    2)You also wrote: “The fund contains 2.6% of stocks from Switzerland”.
    Again, today I checked “Market allocation” section of the ETF and found 2.5%.
    Is it possible that Vanguard changed the percentage since the time you wrote the article?
    The same goes for the number of stocks: 7955. Today I found the following number: 8109.

    3)After reading this: “I am not totally sure on my final portfolio, but VT will definitely be a part of it and probably a large part at that”,
    I have an impression that you are happy/delighted about this ETF. May I ask why?
    I looked at Average annual returns table and noticed that “Since inception 06/24/2008” column has value 5.85%. It is not high at all, IMHO.
    You purchased 13 shares at 73.16 USD 1.5 years ago. Now the price is $72.67, right? Would you still buy this ETF today?

    1. Hi Aleksei,

      You’are welcome!

      1) In the case of Vanguard, it is the same thing (ER=TER). In most cases, it is same thing, some providers prefer using ER rather than TER. In some very rare cases, you will find both numbers, in which case, you should prefer to look at the TER (it should greater or equals to ER). As for the TER, it changed since I wrote my article, it went from 0.11 to 0.09 :) I updated the article to reflect that.
      2) Yes, it is indeed possible! And it was the case as you pointed out. There is now less Swiss stocks and more overall company. It can change if the index (FTSE Global All Cap) changes. Or it can changes once Vanguard rebalances the funds. Generally, low-cost funds do not rebalance a lot. That means that they can get out of sync with their index.
      a) Yes, I’m still satisfied and yes, I would still buy it at the current price. It offers great diversification at a low price.
      b) For my own performance from 73.16 to 72.67, it is bad, but that is the case for most cases over this period. I bought almost at the top and then it tanked at the end of 2018. It is currently recovering. And it was more than 74 a few days ago. And comparing only the prices does not include the dividends. And I was also able to buy when the price was lower.
      c) June 2008 was around the top before the last recession, so that’s a bad case for a starting date. If you look over the last 10 years, the annual returns were 13%.
      d) You are right that it is not the best performing fund/index. If you want more performance, you may want to use more U.S. stocks. But then if the U.S. economy tanks, you may have more issues than if you have more diversification.

      Does that answer your questions?

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