Degiro is a European online brokerage platform that was founded in 2008 and offers access to a wide range of financial instruments such as stocks, bonds, and options via a user-friendly online trading platform. The platform is known for its low fees and has become popular among investors and traders of all levels. It is licensed by the Netherlands Authority for the Financial Markets (AFM) and supervised by the Dutch Central Bank (DNB).
Revolut, on the other hand, is a financial technology company that provides digital banking services to its customers. It was launched in 2015 and offers services such as fee-free international money transfers, currency exchange, and real-time spending notifications. Revolut also offers a range of other services such as cryptocurrency trading and investing, stock trading, and insurance.
In August 2020, Degiro and Revolut announced a partnership to launch commission-free stock trading. This means that customers of both platforms can now access zero-commission stock trading services which make it much easier for them to invest in the stock market. The partnership has been received positively by investors and traders as it provides them with a cost-effective and convenient option to trade stocks.
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