DEGIRO AutoFX Fee: What 0.25% Actually Costs You
DEGIRO charges 0.25% for AutoFX currency conversion, which is the default setting. The manual alternative costs €10 plus 0.25% (as of August 2026). AutoFX is cheaper for everyday amounts; manual only makes sense if you are converting a large sum in one go and would otherwise pay 0.25% repeatedly.
Reviewed by Yaniv Barshaf, CPA · Fees verified August 2026 · Our methodology
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AutoFX versus manual conversion
The two options carry the same percentage, so the decision turns entirely on the €10 flat fee attached to manual conversion. AutoFX converts automatically as needed, charging 0.25% each time, which suits an investor making regular modest purchases in a foreign currency. Manual conversion charges €10 up front plus the same 0.25%, so on a single small conversion it is strictly worse. Its use case is converting a large balance once and then trading from it, avoiding repeated small conversions — but since the 0.25% applies either way, the €10 is pure additional cost unless the operational convenience matters to you. For most investors AutoFX is the right default.
Where 0.25% sits in the market
DEGIRO's rate is mid-table and reasonable. Interactive Brokers is the outlier at 0.03% with a $2 minimum, and Trading 212 charges 0.15% flat. DEGIRO's 0.25% comes next, ahead of Webull UK at 0.50% on the free account, Revolut at 0.5% beyond its free allowance, XTB at a 0.5% margin rising to 0.8% at weekends and holidays, eToro at around 0.75% on local-currency accounts, and Freetrade Basic at 0.99%. For a European investor buying US shares, 0.25% on a round trip works out at roughly 0.5% in conversion, which is competitive without being class-leading.
The other DEGIRO costs to weigh with it
Currency conversion does not sit alone at DEGIRO. Commission is a €1 handling fee per trade plus commission — €2 total on US exchanges, €3 on the Irish home market, €4.90 on London, Euronext, XETRA, Swiss and Nordic exchanges, and €6 on Australia, Frankfurt, Hong Kong, Singapore and Tokyo, with ETFs at €3 or €1 handling only for the Core Selection under a fair-use policy. Separately there is a connectivity fee of €2.50 per calendar year per exchange, capped at 0.25% of account value, for exchanges outside your home market. On the other side of the ledger, DEGIRO publishes €0 for inactivity, custody, deposit and withdrawal fees, so the costs are concentrated in dealing and conversion rather than in holding.
The bottom line
Stick with AutoFX at 0.25% unless you have a specific reason to convert manually and pay the extra €10. DEGIRO's conversion is competitive; its dealing commission and connectivity fee deserve equal attention.
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Capital at risk. This is not financial advice. Investing involves risk of loss.
Frequently Asked Questions
How much is the DEGIRO AutoFX fee?
0.25% mark-up on currency conversion, applied automatically as needed. Manual conversion costs €10 plus the same 0.25% (as of August 2026).
Should I use AutoFX or manual conversion on DEGIRO?
AutoFX for almost everyone. Both charge 0.25%, so the €10 flat fee on manual conversion is additional cost rather than a saving unless converting a very large sum once suits how you trade.
Is DEGIRO cheap on currency conversion?
Mid-table. At 0.25% it beats eToro, Revolut, XTB and Freetrade Basic, but Trading 212 (0.15%) and Interactive Brokers (0.03%) are cheaper (as of August 2026).