DEGIRO was founded in Amsterdam on June 3rd, 2009. On 7 May 2021, DeGiro B.V. merged with its sister company, flatexDEGIRO Bank AG. Learn about the legal structure and regulators of DEGIRO and meet our Branch Management, the flatexDEGIRO Bank AG Board of Directors and the flatexDEGIRO Bank AG Supervisory Board members at the same time.

Supervision of DEGIRO

DEGIRO was founded as DeGiro B.V., a Dutch private limited company (besloten vennootschap, in Dutch). DeGiro B.V. merged with its sister company, flatexDEGIRO Bank AG, on 7 May 2021. After the merger, DEGIRO’s business is continued by flatexDEGIRO Bank AG through its Dutch branch – flatexDEGIRO Bank Dutch Branch.

Please find more information here

Internal supervision

To ensure comprehensive oversight of DEGIRO’s operations, we have implemented a governance structure consisting of three tiers.

First and foremost, flatexDEGIRO Bank Dutch Branch has its own Branch Management. The Branch Management consists of five Branch Managers and is responsible for the day-to-day operations of DEGIRO. Within the Branch Management team there is a clear division of responsibilities, with each of the Branch Managers having their own focus points.

DEGIRO’s Branch Management reports to the Board of Directors of our German headquarters, flatexDEGIRO Bank AG. The bank’s Board of Directors is responsible for the day-to-day management and long-term strategy setting of the company as a whole. When it comes to setting the strategy of DEGIRO, the bank’s Board of Directors works in close cooperation with the Branch Management.

Finally, the bank’s Board of Directors is overseen by the bank’s Supervisory Board. The Supervisory Board is responsible for supervising and advising the Board of Directors.

We believe that this governance structure is the most suitable setup to assure correct checks and balances within the DEGIRO and the rest of the company.

External supervision

FlatexDEGIRO Bank Dutch Branch, som drivs under namnet DEGIRO, är den nederländska filialen till flatexDEGIRO Bank AG. flatexDEGIRO Bank AG övervakas i första hand av den tyska federala finansinspektionen (BaFin). I Nederländerna omfattas flatexDEGIRO Bank Dutch Branch av DNB:s integritetstillsyn och AFM:s tillsyn.

Bundesanstalt für Finanzdienstleistungsaufsicht
Graurheindorfer Str. 108
53117 Bonn

Autoriteit Financiële Markten
Postbus 11723
1001 GS Amsterdam

Branch Management

Muhamad Said Chahrour

Muhamad Said

Deputy CEO | COO flatexDEGIRO AG

Before joining flatexDEGIRO in 2015, Muhamad Said Chahrour was CFO at Lamudi, one of Rocket Internet SE’s core ventures, and primarily responsible for the financial funding and investor relations of the global entities with more than 500 employees.

He previously worked in M&A and Transaction Services at UBS and PwC where he managed multiple transactions with a total deal volume of more than €2 billion.

Stefan Armbruster


Branch Manager

Within the Branch Management, Stefan is responsible for operations and brokerage.

Before joining DEGIRO, Stefan was Managing Director and Co-Head B2C at flatexDEGIRO Bank AG, focusing on commercial development of product partnerships, product offerings and the client service desk.

Prior to joining the flatexDEGIRO group, Stefan was – among other positions – a Board Member of Bank Vontobel Europe AG, Global Co-Head Retail Structured Products at Deutsche Bank AG and Director Structured Products at ABN AMRO Bank AG.

Stephan Simmang


Branch Manager

Stephan is the Head of IT for DEGIRO and serves as the flatexDEGIRO Group-CTO.

Stephan worked at Goldman Sachs for nearly 20 years (lastly as Executive Director Banking Divisional Systems), before joining the flatexDEGIRO group in 2016.

Frans Kuijlaars


Branch Manager

As Branch Manager, Frans focusses on Customer Service.

Frans joined the flatexDEGIRO group as Country Manager for the Netherlands at flatexDEGIRO Bank AG. During the course of his career, Frans gained significant experience as a banker, specializing in structured product solutions and retail banking. He has held various positions at, among others, ABN AMRO, RBS and BNP Paribas.

flatexDEGIRO Bank Board of Directors

Frank Niehage

CEO of flatexDEGIRO Bank AG

In addition to being CEO of flatexDEGIRO Bank AG, Frank is also the flatexDEGIRO Group CEO.

Frank Niehage has vast experience across all segments of retail and commercial banking, working as Managing Director at Goldman Sachs until August 2014 when he joined flatexDEGIRO. In previous positions, he was instrumental in the growth of Bank Sarasin AG as CEO in Germany.

Prior to this Frank had served in various senior positions at Commerzbank, Credit Suisse, UBS and international law firm Beiten Burkhardt, both in Germany and internationally, especially in Asia.

Frank is an attorney at law in Germany and has received his Master of Laws majoring in international economics from the University of Houston Law Center.

Dr. Matthias Heinrich

CRO of flatexDEGIRO Bank AG

Dr. Matthias Heinrich joins flatexDEGIRO Bank AG with approx. 30 years of operational experience in the European banking sector, including 10 years as member of the Management Board of Raiffeisen-Landesbank Steiermark AG, Graz (Austria) and as Managing Director of EIS Einlagensicherungsbank GmbH, Berlin (Germany). Prior to this, Matthias held various risk related management positions in the financial industry, including at Banco Santander, Madrid (Spain), HypoVereinsbank, Munich (Germany) and Dresdner Bank Lateinamerika, Hamburg (Germany).

Steffen A. Jentsch

CIO of flatexDEGIRO Bank AG

Steffen has extensive experience in financial services, consulting and IT.

Previous positions include serving as a Member of the Board of Directors for Fiducia & GAD IT, before joining the flatexDEGIRO Group in 2017.

Benon Z. Janos

CFO of flatexDEGIRO Bank AG

Benon joined the flatexDEGIRO Group in 2016 and currently serves as the CFO of flatexDEGIRO Bank AG.

Among other positions, Benon has previously served as a Supervisory Board Member for fixed income-focused investment boutique nord IX and as Managing Director within the Securities Division of Goldman Sachs.

Benon holds a Ph.D. in Materials Science and Engineering from the Massachusetts Institute of Technology.

Muhamad Said Chahrour


Please see above.

flatexDEGIRO Bank Supervisory Board

Martin Korbmacher

Chairman of the Bank Supervisory Board

After finishing his studies of mathematics, physics and computer science Martin Korbmacher started his career 1991 at JP Morgan where he served as Head of Trading before joining Dresdner Kleinwort in 1997 as Global Head of Fixed Income Trading, where he took responsibility as Global Head of Equites in 2000.

In 2005 Martin took over as Head of the Investment Banking Division at Credit Suisse for Germany and Austria and played a key role in the successful growth of the business activities.

In 2011, he founded Event Horizon Capital & Advisory and has been advising multiple companies in the area of corporate finance and innovation. Since 2014 Martin Korbmacher is the chairman of the supervisory board of flatexDEGIRO AG and since 2017 also of flatexDEGIRO Bank AG.

Hans Peter Peters

Deputy Chairman of the Bank Supervisory Board

Hans Peter Peters joined the Supervisory Board in 2018 and began his career at Citibank where he spent 13 years at their offices in New York, Toronto, Paris, Stuttgart and Santiago de Chile.

Later, he was appointed as Member of the Executive Board at WestLB and Chief Executive Officer of WestLB (Europe) AG in Dusseldorf. Following appointments as Chief Financial Officer of VIAG AG and Chief Executive Officer of Morgan Stanley Bank AG, Hans Peter founded Peters Associates AG in 1999.

Stefan Müller

Member of the Bank Supervisory Board

Stefan Müller started his banking career in 1985 with Bayerische Hypo- und Vereinsbank (today: HVB, subsidiary of UniCredit) and went through different roles, including the securities and private banking business. In 2002, he joined the former flatex Holding AG and became member of the board until 2014.

Today, he is the general representative of Börsenmedien AG, one of the leading financial media companies in Germany. Stefan is vice chairman of the supervisory board of flatexDEGIRO AG and member of the supervisory board of the flatexDEGIRO Bank AG.

Aygül Özkan

Member of the Bank Supervisory Board

Aygül Özkan is Managing Director of the German Property Federation (ZIA) and represents the leading association of the real estate industry in a wide range of political and business-oriented bodies.

From 2014 to 2020 she was Managing Director and member of the Management Group Germany at Deutsche Bank PCC Services GmbH and Deutsche Bank Kredit Service GmbH. Previously, Aygül Özkan was Minister for Social Affairs, Women, Family, Health, Construction and Integration in Lower Saxony (2010-2013) and in 2014 a member of the Lower Saxony state parliament.

Since 2022 Aygül Özkan is a member of the supervisory board of flatexDEGIRO Bank AG.

Vår historia

Under 2013 lanserade DEGIRO sin tjänst som nätmäklare i Nederländerna. Sedan dess at DEGIRO expanderat till 18 europeiska länder vilket har gjort det möjligt för privata investerare at dra fördel av en mycket konkurrenskraftig prisstruktur. Detta har resulterat i att DEGIRO snabbt har blivit en av de största mäklarna i Europa.

Börja investera nu

Continued growth

2021 has been an exciting year. Alongside unprecedented growth in our client base, we made significant enhancements to our platform and offerings. We added an extensive amount of financial data, such as ESG ratings and analyst views, began rolling out flatexDEGIRO Cash Accounts, a new solution of holding uninvested money, and increased our list of commission-free ETFs. Not to forget, the merger with flatex has been completed and we implemented trading on Tradegate Exchange.


Nästa kapitel

2020 slog vi oss samman med flatex AG och blev under namnet flatexDEGIRO AG en av de största mäklarna i Europa. Vi inkluderades också i SDAX, vilket gjorde flatexDEGIRO till ett av de 160 största börsnoterade företagen i Tyskland. Tillsammans erbjuder vi nu våra tjänser till fler än 1 000 000 investerare.


En ny handelsplattform

2019 lanserade DEGIRO sin nya handelsplattform baserad på feedback från kunder och förändrad teknik. Tack vare dessa kunder har DEGIRO vunnit flera internationella priser i år igen. Dessutom passerade DEGIRO 450 000 kunder.


Mer än 350.000 kunder och 40+ priser

Under 2018 passerade DEGIRO 350.000 kunder. Tack vare sina kunder har DEGIRO vunnit över 40 priser internationellt, inklusive Best Broker och Best Mobile App Award som delas ut av Financial Times & Investors Chronicle.


Fler än 200.000 kunder

Under 2017 översteg DEGIRO 200.000 kunder och blev en av de fem största mäklarna i Europa baserat på antal transaktioner per år. DEGIRO har fortsatt att vinna priser, inklusive ”Best Broker” i Tyskland från Handelsblatt Broker Comparison.


Största nätmäklaren i Nederländerna

Under 2016 blev DEGIRO den största nätmäklaren i Nederländerna mätt i antal hanterade transaktioner per år. Utöver det välkomnade vi Schweiz till DEGIRO-familjen, som blev det 18:e landet att dra nytta av våra otroligt låga avgifter.


DEGIRO går in i Nordeuropa och Italien

Expansionen fortsatte under 2015 till Nordeuropa och Italien, och på vägen vann DEGIRO många internationella utmärkelser, inklusive det prestigefyllda ”Golden Bull Award” i Nederländerna.

Sweden Denmark Italy Norway Finland United%20Kingdom Ireland

Expansion till 9 länder

År 2014 expanderade DEGIRO och började erbjuda sina tjänster i ytterligare 9 europeiska länder. DEGIRO stärkte också sin ställning på den holländska marknaden genom att utnämnas till ”Best Broker”.

France Czech Austria Germany Spain Poland Hungary Greece Portugal

Lansering av DEGIRO

Under 2013 introducerade DEGIRO möjligheten för privatkunder att investera med institutionella avgifter i Nederländerna. Vilket gjorde global handel tillgängligt och prisvärd.


Vår resa har bara börjat

Vill du veta mer om var vi är påväg? Ta reda på mer om vilka vi är och vad vi tror på.

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Investeringar är förenade med risker. Du kan förlora (en del av) ditt investerade kapital. Vi råder dig att endast investera i finansiella produkter som motsvarar dina kunskaper och erfarenheter. Detta är inte ett investeringsråd.

Vi vill hjälpa människor att bli de bästa investerare de kan bli. Genom att erbjuda en mängd möjligheter och val på vår användarvänliga plattform är det enklare att göra investeringar tillgängliga för alla: nybörjare eller experter. Du får tillgång till ett brett utbud av produkter på mer än 50 globala börser för att ha friheten att investera som du vill. I vår värld får du också mycket valuta för pengarna. Så utan att kompromissa kvaliteten, säkerheten och utbudet av våra investeringstjänster erbjuder vi otroligt låga avgifter. Att prioritera dina behov har hjälpt oss att bli den ledande europeiska online-mäklaren med över 2 miljoner kunder och mer än 90 internationella priser.


Villkor för erbjudandet om 1000kr i transaktionsavgifter

Om du aktiverar ditt DEGIRO-investeringskonto före den 1 april 2023 kommer DEGIRO att ersätta dina transaktionsavgifter upp till 1000kr. Följande villkor gäller för detta erbjudande:

  • Erbjudandet gäller till och med den 31 mars 2023.
  • Under erbjudandet får nya kunder som har aktiverat ett konto upp till 1000kr i transaktionsavgifter tillbaka.
  • De första transaktionskostnaderna och externa hanteringsavgifter upp till 1000kr fram till den 30 april 2023 kommer att återbetalas.
  • Valutahanteringsavgifter (Auto FX och manuell) kommer ej återbetalas i samband med denna kampanj.
  • I början av maj kommer vi att ersätta transaktionskostnader och externa avgifter som du har använt (upp till högst 1000kr) till ditt DEGIRO-konto.
  • Erbjudandet gäller endast för nya kunder med ett svenskt DEGIRO-konto.
  • För att vara berättigad till detta erbjudande måste den nya kunden göra en första insättning för att verifiera (minsta insättning är 1kr) och aktivera sitt DEGIRO-konto.
  • Nya kunder som påbörjat sin registrering före erbjudandet men aktiverar sitt DEGIRO-konto under erbjudandet kan också utnyttja erbjudandet.
  • Om ett befintligt konto redan är kopplat till den nya kundens adress, är deltagande uteslutet.
  • Varje ny kund kan bara få 1000kr i transaktionsavgifter en gång.

Godkännande av villkoren för erbjudandet

Genom att delta i erbjudandet godkänner kunden automatiskt erbjudandets villkor och bestämmelser. DEGIRO kan avsluta kampanjen i förtid eller ändra kampanjvillkoren. DEGIRO kommer att meddela eventuella ändringar via webbplatsen.


Alla kunder som har aktiverat ett konto hos DEGIRO senast den 31 mars 2023 kan delta i erbjudandet.