Overview of countries provided by Degiro during January 2020

Most traded stocks by country: January 2020

In order to keep you informed and shed some light on what other clients of DEGIRO are trading, at the beginning of the month we will report the most traded stock for each country that we are active in from the month prior. There was a lot of movement in the automotive industry last month, where Tesla is challenging traditional automotive companies. The biggest movement came from the small cap FuelCell, which released Q4 figures that were disappointing to some investors.

Map of most traded stocks per country via Degiro during January 2020

Most traded sector

Tesla (ISIN: US88160R1014) has had an eventful year so far. In early January, Tesla share prices breached the $500 mark for the first time since the company started trading back in 2010. Prices continued to climb and surpassed $650 at the end of the month, following release of its Q4 2019 results. The car maker reported revenues that beat analyst’s estimates, with a 17% increase from Q3. It also projected to deliver at least 500,000 vehicles in 2020. Moreover, Tesla’s Q4 update disclosed that the company started production of the Model Y electric all-wheel-drive crossover during January, months before schedule. CEO Elon Musk has said the Model Y could be Tesla’s best-selling vehicle.

With a market cap of over $117 billion, Tesla is the most valuable American car company in history. The previous record was held by Ford, with a market value of $81 billion back in 1999. Tesla is now more valuable than Ford and General Motors combined. It has also overtaken Volkswagen as the second most valuable car company in the world, with only Toyota above them.

Biggest movement

In addition to being the most traded stock out of the countries that we are active in, Tesla saw the biggest price increase, ending the month 53.26% up.

On the other end of the spectrum, FuelCell Energy (ISIN: US35952H6018) had the biggest decrease, with a -74.21% change in price. Its Q4 results showed revenues and earnings lower than what was anticipated. If you are unfamiliar with the company, FuelCell is a small cap company with a market capitalisation of $335.44 million. The company is engaged in everything from the design to the installation of fuel cell power solutions. Some of their customers include Pfizer, ExxonMobil, and Toyota.

Investing through DEGIRO

Would you like to add one of the companies you see on the map to your portfolio? Would adding one of these companies to your portfolio help to diversify it? With DEGIRO, a diversified portfolio is easily obtainable with access to more than 50 exchanges across 30 different countries. In addition to our global reach, we also offer investing with incredibly low fees so the impact of transaction costs on your return is minimised.

The information in this article is not written for advisory purposes, nor does it intend to recommend any investments. Please be aware that facts may have changed since the article was originally written. Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products that match your knowledge and experience.

Sources: Bloomberg, Reuters, Tesla, FuelCell Energy


Get started with investing in 10 lessons

Investor's academy academy

Start investing today

Open a free account invest

Your investment journey starts here

Open a free account and join over 2.5 million investors worldwide on our user-friendly platform.

Investing involves risks. You can lose your invested funds. We advise you to only invest in financial products which match your knowledge and experience. This is not investment advice.

Investing places your capital at risk. Read our full warning here.


We want to empower people to become the best investors they can be. By offering a universe of possibilities and choices on our user-friendly platform, we are removing barriers to make investing accessible to everyone: beginners or experts. You get access to a wide variety of products on more than 50 global exchanges to have the freedom to invest the way you like. In our world, you also get great value for money. So, without compromising an inch on the quality, security and range of our investment services, we offer incredibly low fees. Prioritising your needs has helped us become the leading European online broker. Our 2.5+ million clients and 100+ international awards are proof of our success.

This communication is issued on behalf of flatexDEGIRO Bank AG and has been approved as a financial promotion on 3rd August 2023, for the purposes of section 21 of the Financial Services Market Act 2000 (FSMA), by Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN:574048). flatexDEGIRO Bank AG is an overseas firm which is not authorised by the Financial Conduct Authority. This means that the FCA Rules made under FSMA for the protection of retail clients do not apply to the services provided by flatexDEGIRO Bank AG but investors are instead protected under applicable German law and Dutch law rules that apply to flatexDEGIRO Bank AG. Investors are not protected by the UK Financial Services Compensation Scheme.

flatexDEGIRO Bank Dutch Branch, a foreign branch of flatexDEGIRO Bank AG | Amstelplein 1, 1096HA Amsterdam | phone: +31 20 261 3072 | e-mail: clients@degiro.com | flatexDEGIRO Bank Dutch Branch is registered with the Dutch Chamber of Commerce under number 82510245. | flatexDEGIRO Bank Dutch Branch, trading under the name DEGIRO, is the Dutch branch of flatexDEGIRO Bank AG. flatexDEGIRO Bank AG is an overseas company primarily supervised by the German financial regulator (BaFin). In the Netherlands, flatexDEGIRO Bank Dutch Branch is registered with DNB and supervised by AFM and DNB. | flatexDEGIRO Bank AG is a licensed German bank supervised by the German financial regulator and registered with the German Chamber of Commerce under number HRB 105687.