Trade Republic review: What you need to know before signing up.

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Introduction to the broker Trade Republic

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.

  • Head office:
    📍 Munich, Germany
  • Founded:
    🗓 2015
  • Support:
    🇬🇧 English
  • Website:
    🔗 traderepublic.com
  • Regulation:
    BaFin
  • Execution type:
    No Dealing Desk
  • Spreads:
    Fixed
  • Minimum deposit:
    0

What financial instruments does Trade Republic offer?

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:

  • Shares:
    8500 stocks
  • Crypto:
    13 cryptos
  • Forex:
  • CFDs:
  • ETFs:
    1500 ETFs

What are Trade Republic’s fees for shares and ETFs?

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).

  • Commission per share:
    0%
  • Fee per share:
    1€
  • Direct share purchase:
    Yes
  • CFDs on shares:
    No
  • Number of ETFs:
    1500
  • Minimum ETF spread:
    n/a
  • CFDs on ETFs:
    No
  • Direct ETF purchase:
    Yes

What are Trade Republic’s fees for cryptocurrencies?

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.

  • Number of cryptocurrencies:
    13
  • Minimum crypto spread:
    0.69%
  • CFDs on crypto:
    No
  • Direct crypto purchase:
    Yes

Which trading platforms does Trade Republic offer?

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.

What is the mobile app offered by Trade Republic?

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.

Is Trade Republic a trustworthy broker?

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.

Our opinion 8/10

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.

Pros
  • Highly competitive fees and no charges for currency exchange or inactivity
  • Fractional share and ETF purchases available
  • 2,75% interest on cash (up to €50,000)
  • Regular saving plans
Cons
  • Interface may be too basic for active trading
  • No technical analysis tools, economic indicators, or market scanners
  • Customer service mostly via online contact form

FAQ about Trade Republic

No, Trade Republic does not provide a demo account. Users will have to familiarise themselves with the platform using a live account, which can be a drawback for beginners who want to practise without initial risk.

Trade Republic does not offer any specific training for beginners. Its core focus is on long-term passive investing rather than active trading.

With Trade Republic, you can invest in shares, ETFs, bonds, and cryptocurrencies. You also have access to leverage through products like warrants and turbos, allowing for a range of investment strategies.

Trade Republic offers a simple, proprietary platform with a streamlined interface, suitable for those who do not need advanced trading features. The interface is user-friendly and accessible even to novice investors.

No, Trade Republic does not offer Islamic (swap-free) accounts.

Trade Republic does not currently offer an ISA or SIPP option for UK investors. If you wish to benefit from ISA or SIPP advantages, you would need to go through another provider that supports these products.

Yes, Trade Republic is a reliable investment firm, regulated by BaFin (the German Federal Financial Supervisory Authority). It provides robust client fund protection and follows strict data security measures.

Opening an account with Trade Republic is very quick and straightforward, taking around five minutes. Once you verify your ID, you can make your first deposit and begin investing.

There is no minimum amount required to open an account with Trade Republic. This flexibility allows a wide range of investors to start trading without needing a large initial sum.

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Last updated on 02/03/25

Trade Republic

Latest offer from Trade Republic

Discover financial freedom with Trade Republic: transactions for just 1€, zero hidden fees, and a wide range of investment plans.