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Trade Republic

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
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Pricing from
€1.00 per trade
Free Trial unavailable
Free version
User corporate size
Small
Medium
Large
User industry
  1. Education and training
  2. Arts, entertainment, and recreation
  3. Media and communications

What is Trade Republic

Trade Republic is a mobile-first brokerage trading platform that enables retail investors to buy and sell securities such as stocks, ETFs, and derivatives, and to set up savings plans. It targets individual investors who want a simplified trading experience with a small set of order types and a streamlined interface. The service is positioned around app-based self-directed investing with custody and execution handled through partner infrastructure and regulated entities in its operating markets.

pros

Mobile-first, simple workflow

The product centers on a smartphone app with a streamlined onboarding and trading flow designed for self-directed retail users. Navigation focuses on core actions such as placing trades, monitoring positions, and managing watchlists. This simplicity can reduce operational complexity compared with platforms that emphasize advanced charting, scripting, or multi-leg strategy tooling.

Recurring investment savings plans

Trade Republic supports recurring investment plans (commonly used for periodic ETF or stock purchases) that automate contributions on a schedule. This feature aligns with long-term, rules-based investing use cases rather than active trading. It can be a practical alternative to users who would otherwise need to place repeated manual orders.

Integrated custody and reporting

The platform provides portfolio views and transaction history within the app, consolidating holdings and activity in one place. It also supports account-level documentation and statements suitable for personal recordkeeping. For many retail users, this reduces the need to combine data from separate charting and brokerage tools.

cons

Limited advanced trading tools

Trade Republic is not designed as a professional-grade workstation for active traders. Compared with platforms that provide extensive technical analysis, strategy testing, or highly configurable order management, the toolset is narrower. Users needing complex order types, advanced options workflows, or deep market analytics may find the platform insufficient.

Market coverage varies by country

Available instruments, exchanges, and product features depend on the user’s jurisdiction and the regulated entity serving that market. This can affect what assets can be traded and which account features are offered. Organizations or individuals seeking consistent cross-border functionality may need to validate coverage market by market.

Less suited for institutional use

The product primarily targets retail investors rather than institutional trading desks. It typically lacks enterprise controls such as multi-user administration, granular permissions, and institutional-grade reporting or integrations. Firms requiring API-driven execution, compliance workflows, or consolidated multi-account management may need other solutions.

Plan & Pricing

Pricing model: Pay-as-you-go (per-transaction)

Free tier/trial: No time-limited free trial found (Unavailable). Account/depot maintenance is free (no subscription).

Primary fees (official):

  • External settlement fee (Fremdkostenpauschale): €1.00 per executed trade (applies to single transactions across equities, ETFs, bonds, crypto).
  • Savings plans (Sparpläne): €0.00 execution fee for regular savings-plan purchases; only the €1 external settlement cost applies when selling units.
  • Custody/account fees: €0.00 (no custody or account maintenance fees).
  • Fractional shares: minimum investable amount €1; each fractional trade is subject to the €1 external settlement fee.
  • ATM withdrawals: Trade Republic charges no fee for ATM withdrawals of €100 or above; a €1 fee applies for ATM withdrawals below €100 (or equivalent in local currency).

Example costs (official):

  • Single stock/ETF order: €1.00 external settlement cost per order.
  • ETF/stock savings-plan execution: €0.00 execution fee.
  • Selling savings-plan units: external settlement cost €1.00 per transaction.

Notes / where to find more detail:

  • Trade Republic’s full Price & Service list (Preis- und Leistungsverzeichnis) is published in the app and on the website (Documents / General documents). Some additional service fees (e.g., shareholder meeting registration, postal orders, special documents) are listed there.

Seller details

Trade Republic Bank GmbH
Berlin, Germany
2015
Private
https://traderepublic.com
https://x.com/traderepublic
https://www.linkedin.com/company/trade-republic/

Tools by Trade Republic Bank GmbH

Trade Republic

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