Q: How do you protect the login details of DeGiro users?
I've tried Beanvest before the AppSumo deal, but I was hesitant to enter my login details.
romainsimon
May 14, 2024A: I understand your concern and wrote something in the FAQ about the security of your Degiro credentials here : https://beanvest.com/help/degiro-integration#security-and-reauthentication
Your Degiro credentials are stored securely on Beanvest using AES256 encryption and Beanvest does everything necessary to keep your brokerage account secure.
However, if you want to be extra-secure, you can choose to update your Degiro portfolio with a manual action from your part, using one of these two solutions:
1. Have Multi-Factor Authentication enabled. Every time you want to update your Degiro portfolio, you will need to provide an additional code. In the unlikely event of someone having access to your credentials stored on Degiro, it would not be possible to do anything without the second authorization code you receive on your phone.
2. Connect and then disconnect your Degiro account entirely each time. This way, all transactions will remain visible in your portfolio on Beanvest, but your credentials will be entirely deleted from the database.
Finally, if you really do not want to enter your Degiro credentials you can use the csv import with Degiro.
Please note that this integration is not officially supported by Degiro as they do not provide an API. It could therefore be discontinued at any time.