Currently, the world of brokers is quite large; many big companies that have been around for years, but there are newer companies that are trying to do things in a different way. Some of them charge lots of money to transact business while some charge almost little to nothing.
Also, some companies try to make the whole process a lot easier for people who wants to invest. Therefore, Derigo is one of those latest company that does things differently because it makes buying and selling of stocks as easy as possible.
This platform is made for people who are just starting to make investments because the earlier you start learning how to handle money, the more chance you have to make it work for you in the future.
Furthermore, things are changing, the old way brokers does business like sitting in their office, dressed in a suite are no longer the same. Derigo platform has changed that.
The most interesting aspect is how Derigo fits perfectly well into the financial broker market. Few years back, only a few big companies controlled most of the stock, trading and investment. They’re the ones to set the rules, determine how much fees clients would pay and also how to run things the way they want. But when the internet came onboard, it opened the door for lots of smaller companies to compete with the already existing ones.
Therefore, this article is about Derigo, how it’s different from other traditional brokers, and why you should consider it as a good option for yourself and also for someone who’s just starting to buy and sell stocks.
With this, lets look further into Derigo and all Derigo’s supported countries.
What is Derigo?
Derigo is a modern financial broker that enables you to buy and sell stocks, bonds, and funds through your phone. With Derigo, you can create your own account, add some money to it and start trading right from your phone and at your own convenient place and time. When you make an invest through Derigo, most of your money stays invested rather than being consumed up by charges unlike most broker companies.
Another thing worth talking about is that Derigo isn’t just about buying single stocks. It also allows you to invest in many stocks which helps to manage risk. Therefore, if one of the companies you invested on goes bad, the other ones can help balance it out. Derigo platform is designed so that anyone can use it; you can always check your balance, see how your investments are doing, and learn more about the platform through your phone.
With Derigo, you can trade in different countries where it’s supported. A lot of people prefer to use Derigo because it matches the modern age and it’s easily accessible .
How Derigo Works
- The first thing to do is to download the app, register and fill in all your personal information including your ID. Then verify your account to be sure the information is accurate.
- Next, connect your bank account or debit card, then transfer some money into your Derigo account.
- To buy any stock or shares, search for the company you would like to buy from, it could be from “Tesla or Spotify”, check for the price and choose how many shares you would like to invest, then click “buy”.
- To sell your stock or investment, open the app, choose the company you want to sell your shares to, type in the number of shares or the amount you want to sell your shares, then click “sell”.
- Each time you make any trade, Derigo charges a small fee for each transaction. There’s no extra charge or big commission to pay later, just like the traditional brokers.
Derigo platform keeps track of everything you do in the app, the shares you own, your current account balance and how much you’ve made or lost since you started investing.
You can go to your app notification and set to receive alerts so you can know when stocks moves in or out of your account.
List of Derigo Supported Countries:
Europe
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Switzerland, Norway, Iceland and Liechtenstein.
Asia
Turkey
Africa
South Africa
Oceania
Australia
Americas
Canada
List of States Where Derigo is Supported in the USA
Derigo isn’t supported in the United States. It is an European based financial broker. Individuals in the Europe can open an account with Derigo that’s if your location is among the Derigo’s supported countries. But if you’re in the U.S you’ll need to use other financial broker alternatives that is supported in your location.
Derigo Alternative Platforms
- Interactive Brokers
- Trading 212
- eToro
- Plus500
- Saxo Bank
- Fidelity
Conclusion
Derigo broker platform is for individuals who’re in Derigo’s supported countries.
With Derigo, you can buy and sell stocks in different companies using your mobile phone. Opening account takes only a few minutes. When you’re done creating your account, open the app and choose a stock you’ve heard about, and buy a small piece of it without having to put a call across to someone.
A small amount is often required whenever you want to make any trade when compared to some bigger broker companies.
Derigo’s app is well-structured and easy to use. It is designed to fit in the basics you need to start investing. Derigo is mostly in the European country, it’s currently not accessible in the United States, but if you live in one of the Derigo’s supported countries, just know that it’s the best choice for people who’re just starting to investment in the broker market.
If you’re a young adult and just starting to think about making more money with the little savings you have, why not invest through Derigo and watch your savings grow. It won’t make you to become rich quickly, but it will help you get comfortable with investing and build a habit that will definitely pay off in the future.