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US citizens in the UK · Institutions

Which DEGIRO accounts accept US citizens

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DEGIRO has no general investment account to open, whatever your nationality.

At a glance

Account type Verdict Accounts Updated
Brokerage accounts Not offered —

Brokerage accounts

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Not offered
Updated

DEGIRO says it cannot serve a US person, because US law follows the person rather than the address, so living in the UK does not help. It does take other new UK clients. Worth noting how it reaches them: flatexDEGIRO Bank SE is an overseas firm not authorised by the FCA, and the FCA register shows the old DEGIRO B.V. permission cancelled on 18 July 2023, so the FSCS does not cover you and the FCA does not supervise the firm.

No FSCS. German investor compensation at 90% of missing assets up to 20,000 euros, and 100,000 euros on cash

Source: DEGIRO UK helpdesk, US persons, and FCA register, 2026-09-17 DEGIRO's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.

 Tax

FATCA

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.