Carlo
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Trade Republic is one of the leading European players in the retail investment market. Founded in Munich in 2015 under the name Neon Trading, Trade Republic is a German investment firm aiming to democratise access to financial markets by offering a straightforward platform with attractive fees designed to entice beginner investors. In 2021, Trade Republic expanded to the UK and Spain, steadily increasing its customer base thanks to new services and the recent acquisition of a banking licence. Today, Trade Republic is a highly popular broker with over 4 million clients spread across 17 European countries.
Trade Republic provides simplified access to the stock market, shares, ETFs, bonds, and cryptocurrencies. Notably, there are over 10,000 shares and ETFs available, along with 500 bonds and 50 cryptocurrencies. Trade Republic also features derivatives (warrants and turbos) for clients interested in leveraged products.
Below is a non-exhaustive list of the financial instruments offered by Trade Republic:
Trade Republic’s fee structure is very clear and highly competitive: buying shares or ETFs costs 1 euro per transaction, regardless of the amount. Additionally, there are no withdrawal fees, no inactivity fees, and no currency conversion fees! This can result in substantial savings on foreign shares compared to traditional brokers that charge for currency exchange.
You can also invest without commission through regular investing plans in shares and ETFs, perfect for a long-term strategy (DCA).
Trade Republic enables you to invest in the dynamic cryptocurrency market in much the same way as you would with shares or ETFs, through a straightforward and secure platform. With Trade Republic, you can buy, hold, and sell cryptocurrencies such as Bitcoin, Ethereum, and more than 50 others, directly from your securities account. While Trade Republic promises a competitive fee structure with no hidden charges, a fixed fee of €1 per transaction applies, which remains lower than many competitors. This model helps keep costs down while offering continuous access to the crypto market, available 24/7.
Trade Republic’s trading platform is available in a web version and via a dedicated mobile app. You will not find extensive analytics or advanced technical indicators here, just a search engine to locate assets and a brief description for each. A simple chart is available to track how your investments are performing. Orders default to “market orders” (though you can set limit orders and stop-loss orders). In short, it is a platform in its simplest form.
The majority of users monitor their investments and trade (buy and sell) via the mobile app, in line with Trade Republic’s focus on simplicity. The app is among the most intuitive on the market and centres on essential features. It is functional and easy to use—very efficient.
Trade Republic is a trustworthy broker, regulated by BaFin, the German financial markets authority. Deposits are guaranteed up to €100,000 and, as a bank, Trade Republic provides the reliability and security that come with this status.
Trade Republic is the ideal choice for beginners and long-term investors. Its competitive fees, attractive saving plans, and user-friendly interface make it a prime option for passive investors. Moreover, the transparent fees and zero commission on standard transactions add to the appeal for those keen to keep their investment costs low. In short, Trade Republic combines simplicity, efficiency, and low fees for an optimal investing experience.
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Last updated on 02/03/25