Trade Republic
Why choose Trade Republic?
Trade Republic is a German-based neo-broker that has rapidly become a key player in the European brokerage market. Offering a streamlined, mobile-first experience, it combines low costs, solid regulatory backing, and innovative features like fractional shares and automated savings plans. With over 8 million users and more than €100 billion in assets under management, it appeals to cost-conscious investors who seek simplicity, automation, and security.
General
Highlights| Headquarters | Berlin, Germany |
| Type of Broker | Mobile-first broker offering stocks, ETFs, and derivatives |
| Most suitable for | European investors seeking a low-cost, user-friendly platform for long-term investing |
| Website | traderepublic.com |
Pros
- Extremely low fees
- Great for passive investing
- Commission-free ETF savings plans
- Secure and fully regulated
- 2.25% interest on uninvested cash
- Clean mobile and web platforms
- Access to fractional shares and recurring investments
Cons
- Not built for active trading
- Basic analytics tools
- Limited customer support options
Fees of Trade Republic
Trade Republic offers a transparent fee structure with a flat €1 per trade regardless of order size. ETF savings plans are completely commission-free, encouraging long-term passive investing. No fees are charged for account maintenance or inactivity. However, transferring securities out of Trade Republic incurs a €25 fee per position, plus external costs. Currency conversion fees apply to dividends received in non-euro currencies.
| US stock fee | € 1 |
| EU stock fee | € 1 |
| Inactivity fee | € 0 |
| Currency exchange fee | € 0 |
| EURUSD spread | $0.01 |
| NVDA spread | $0.06 |
| META spread | $0.2 |
| GOOGL spread | $0.04 |
Pros
- Transparent flat €1 fee per order
- No inactivity, custody, or maintenance fees
- Commission-free ETF savings plans
Cons
- €25 fee per position for external transfers
- Currency conversion charges on some dividends
Tradable Products of Trade Republic
Users can trade over 9,500 stocks, 2,200 ETFs, 500 bonds, and 50 cryptocurrencies. Derivatives such as warrants and certificates are also available for select markets. Fractional shares are supported, allowing small investments in high-priced assets.
| Stocks | |
| Bonds | |
| ETF's | |
| Options | |
| Futures |
Pros
- Broad range of stocks, ETFs, bonds, and crypto
- Fractional investing supports diversification
- Derivatives for experienced investors
Cons
- Limited access to U.S. stock exchanges
- Derivatives availability may vary by country
- Not ideal for very active traders needing advanced tools
Deposit and Withdrawal of Trade Republic
Deposits and withdrawals are primarily done via SEPA bank transfers, with no fees. Card deposits may incur charges depending on the provider. Currently, Trade Republic does not support instant deposits or multiple alternative payment methods.
| Minimum deposit | $0 |
| Minimum withdrawal | $0 |
| Deposit / withdrawal fee | $0 / $0 |
| Bank transfer | |
| Creditcard | |
| PayPal | |
| Wise | |
| Revolut | |
| iDeal |
Pros
- Free SEPA transfers
- Easy-to-use funding interface
Cons
- No instant deposit or withdrawal options
- Limited deposit methods (no PayPal or e-wallets)
Safety of Trade Republic
Trade Republic is regulated by BaFin and holds a full banking license. Customer deposits are protected under the German Deposit Guarantee Scheme (up to €100,000 per investor). Assets are custodied with HSBC Germany and are not lent out, ensuring maximum client fund safety.
| Top-tier regulators | German financial supervisor (BaFin). |
| Foundation date | 2015 |
| Investor protection | |
| Stock lending |
Pros
- Regulated by BaFin with banking license
- Funds protected up to €100,000
- No securities lending
Cons
- Some users report delayed dividend payouts
- Customer service response times can vary
Platform and Experience of Trade Republic
Trade Republic offers an intuitive mobile and web platform. The interface supports recurring investments, fractional shares, and instant push notifications. While beginner-friendly, it lacks the depth needed for active day traders. Tools like real-time charts and in-depth analysis are minimal.
| Mobile app | |
| TrustPilot score | 4.2 |
| Order types | 3 |
| Social / copy trading | |
| Auto invest | |
| Fractional shares |
Pros
- User-friendly and beginner-focused interface
- Recurring investments and fractional shares
- 2.25% interest on uninvested cash up to €50,000
Cons
- No real-time Level 2 data or pro charting tools
- Customer support via email only
Conclusion
Trade Republic offers a clean, efficient, and cost-effective investment platform ideal for long-term investors and savers. With its transparent fee model, regulatory strength, and growing list of tradable assets, it’s an excellent choice for European investors seeking simplicity and reliability. However, advanced traders might find its limited trading tools and support options lacking.
- Flat €1 fee per trade and free ETF savings plans.
- Interest on uninvested cash, up to 2.25% p.a.
- Fully regulated with BaFin license and deposit protection up to €100,000.
- Fractional investing and automated plans, suitable for long-term investors.