Trade Republic Canada Review: Our Expert Analysis for July 2025

My opinion on Trade Republic

Last update: July 25, 2025

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3.9

Score

3.9

Score

P. Laurore

Finance expert

Trade Republic, established in 2015 and regulated by the ECB and BaFin, is a fast-growing European neobroker known for its ultra-low €1 flat commission per trade and over 10,000 available assets, including stocks, ETFs, bonds, and 50+ cryptocurrencies.
With more than a million users globally, the platform emphasizes simplicity and cost-efficiency, featuring no account maintenance, inactivity, or withdrawal fees, but a small 0.25% FX conversion charge on non-EUR trades.
While its feature set and pricing put Trade Republic ahead of many traditional brokers—especially in terms of plain, low-cost equity and crypto trades—its accessibility is restricted for Canadians, with several advanced features like demo accounts and algorithmic trading tools missing.
Trustpilot user sentiment is mixed, with a 2.5/5 rating from over 1,000 reviews, most positive about ease of use but critical of support responsiveness.
In sum, Trade Republic is one of the lowest-cost brokers with a user-friendly interface and a solid regulatory profile, but it is not currently open to Canadian residents and lacks advanced trading options compared to global competitors.

➡️ Buy-and-hold investors focused on stocks, ETFs or crypto: with a €1 fixed commission, no account fees, and a streamlined interface, Trade Republic is ideal for those looking to build long-term portfolios without the complexity or cost of traditional brokers.

➡️ Cost-conscious traders seeking transparency and simplicity: its no-frills pricing, 0.25% FX conversion fee on non-EUR trades, and lack of hidden charges make it one of the most affordable options available in supported regions.

➡️ Crypto-curious investors preferring regulated environments: Trade Republic gives access to 50+ cryptocurrencies directly (not via CFD), under the oversight of BaFin and the ECB, which is rare among European brokers offering crypto.

Pros

• ✅Ultra-low, flat €1 commission per trade for stocks, ETFs, and crypto
• ✅No account opening, maintenance, or inactivity fees
• ✅Offers access to 10,000+ assets: global stocks, ETFs, bonds, and 50+ cryptocurrencies (spot only)
• ✅Simple, intuitive mobile and web platforms ideal for straightforward investing
• ✅Strong regulatory credentials with a full EU banking license (BaFin, ECB)
• ✅Savings plans for automated investing in stocks, ETFs, and crypto
• ✅No custody or withdrawal fees for bank transfers
• ✅Real-time price data and notifications

Cons

• ❌Not officially available to Canadian residents (EU/EEA only)
• ❌No demo account or Islamic (swap-free) account
• ❌No Forex, commodity, or CFD trading (only indirect exposure via ETFs)
• ❌Limited advanced trading tools (no MT4/MT5, TradingView, copy trading, or automation/APIs)
• ❌No direct credit/debit card support for Canadian users
• ❌Crypto assets cannot be withdrawn to external wallets (custodial only)
• ❌No staking, crypto lending, or earn features
• ❌Mixed user reviews citing slow or unresponsive customer support
• ❌No bilingual French/English support specifically for Canadian users
• ❌No integrated tax reporting for Canadian accounts

Discover the broker

3.9

Score

3.9

Score

ProsCons

• ✅Ultra-low, flat €1 commission per trade for stocks, ETFs, and crypto
• ✅No account opening, maintenance, or inactivity fees
• ✅Offers access to 10,000+ assets: global stocks, ETFs, bonds, and 50+ cryptocurrencies (spot only)
• ✅Simple, intuitive mobile and web platforms ideal for straightforward investing
• ✅Strong regulatory credentials with a full EU banking license (BaFin, ECB)
• ✅Savings plans for automated investing in stocks, ETFs, and crypto
• ✅No custody or withdrawal fees for bank transfers
• ✅Real-time price data and notifications

My opinion on Trade Republic

Last update: July 25, 2025

P. Laurore

Finance expert

Pros

• ✅Ultra-low, flat €1 commission per trade for stocks, ETFs, and crypto
• ✅No account opening, maintenance, or inactivity fees
• ✅Offers access to 10,000+ assets: global stocks, ETFs, bonds, and 50+ cryptocurrencies (spot only)
• ✅Simple, intuitive mobile and web platforms ideal for straightforward investing
• ✅Strong regulatory credentials with a full EU banking license (BaFin, ECB)
• ✅Savings plans for automated investing in stocks, ETFs, and crypto
• ✅No custody or withdrawal fees for bank transfers
• ✅Real-time price data and notifications

Cons

• ❌Not officially available to Canadian residents (EU/EEA only)
• ❌No demo account or Islamic (swap-free) account
• ❌No Forex, commodity, or CFD trading (only indirect exposure via ETFs)
• ❌Limited advanced trading tools (no MT4/MT5, TradingView, copy trading, or automation/APIs)
• ❌No direct credit/debit card support for Canadian users
• ❌Crypto assets cannot be withdrawn to external wallets (custodial only)
• ❌No staking, crypto lending, or earn features
• ❌Mixed user reviews citing slow or unresponsive customer support
• ❌No bilingual French/English support specifically for Canadian users
• ❌No integrated tax reporting for Canadian accounts

Discover the broker

3.9

Score

3.9

Score

ProsCons

• ✅Ultra-low, flat €1 commission per trade for stocks, ETFs, and crypto
• ✅No account opening, maintenance, or inactivity fees
• ✅Offers access to 10,000+ assets: global stocks, ETFs, bonds, and 50+ cryptocurrencies (spot only)
• ✅Simple, intuitive mobile and web platforms ideal for straightforward investing
• ✅Strong regulatory credentials with a full EU banking license (BaFin, ECB)
• ✅Savings plans for automated investing in stocks, ETFs, and crypto
• ✅No custody or withdrawal fees for bank transfers
• ✅Real-time price data and notifications

Trade Republic, established in 2015 and regulated by the ECB and BaFin, is a fast-growing European neobroker known for its ultra-low €1 flat commission per trade and over 10,000 available assets, including stocks, ETFs, bonds, and 50+ cryptocurrencies.
With more than a million users globally, the platform emphasizes simplicity and cost-efficiency, featuring no account maintenance, inactivity, or withdrawal fees, but a small 0.25% FX conversion charge on non-EUR trades.
While its feature set and pricing put Trade Republic ahead of many traditional brokers—especially in terms of plain, low-cost equity and crypto trades—its accessibility is restricted for Canadians, with several advanced features like demo accounts and algorithmic trading tools missing.
Trustpilot user sentiment is mixed, with a 2.5/5 rating from over 1,000 reviews, most positive about ease of use but critical of support responsiveness.
In sum, Trade Republic is one of the lowest-cost brokers with a user-friendly interface and a solid regulatory profile, but it is not currently open to Canadian residents and lacks advanced trading options compared to global competitors. ➡️ Buy-and-hold investors focused on stocks, ETFs or crypto: with a €1 fixed commission, no account fees, and a streamlined interface, Trade Republic is ideal for those looking to build long-term portfolios without the complexity or cost of traditional brokers. ➡️ Cost-conscious traders seeking transparency and simplicity: its no-frills pricing, 0.25% FX conversion fee on non-EUR trades, and lack of hidden charges make it one of the most affordable options available in supported regions. ➡️ Crypto-curious investors preferring regulated environments: Trade Republic gives access to 50+ cryptocurrencies directly (not via CFD), under the oversight of BaFin and the ECB, which is rare among European brokers offering crypto.

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Why trust Hellosafe?

I personally tested Trade Republic to give you an honest assessment based on real use—not just what’s written in the marketing material. I went through opening an account, navigating the app and web platform, making trades, and evaluating fees. I broke down how simple (or complex) the experience felt, tested customer support, and examined where Trade Republic shines and where it falls short, especially for someone comparing global brokers from Canada.

My insights are shaped by actually using Trade Republic side by side with other regulated brokers. I looked at what matters to everyday traders: Is it easy to start? Are the fees transparent? What tools are included? How fast and helpful is support? As someone who trades regularly, I noticed Trade Republic’s ultra-low flat fees and clean mobile interface are great for basic investing, but the minimal research tools and sometimes slow support could be frustrating for active or advanced users.

I don’t just rely on data or user reviews—I draw on my direct experience to highlight Trade Republic’s strengths and weaknesses. This way, you get trustworthy feedback about its reliability, safety, and whether it could be a good fit for you, especially if you’re comparing it to brokers serving Canadians.

Trade Republic at a Glance

Security & Regulation

Trade Republic stands out for having a full banking license from the European Central Bank and strict oversight by BaFin, Germany’s financial regulator. These credentials are significant markers of institutional reliability in the European market. Client funds are protected per EU bank requirements, which means up to €100,000 per client is safeguarded in accordance with EU deposit guarantee schemes. For asset security, stocks, ETFs, and bonds are held in segregated accounts separate from the firm’s own assets, providing another layer of investor protection.

The platform’s risk management tools are basic yet effective for most retail investors. Features like stop loss orders, two-factor authentication, and mandatory KYC processes establish a reasonable foundation for secure operations. However, it lacks negative balance protection and more robust real-time risk analytics that would further elevate security—especially for active or leveraged traders. Crypto assets are custody-held by Trade Republic, but there’s no external wallet support or proof-of-reserves for independent verification, which is common in most custodial models.

Notoriety-wise, the broker is well-known in Europe, but international reputation is mixed. User reviews suggest a stable service for simple investing, though there are concerns regarding customer support responsiveness and balance errors, as reflected by a relatively low Trustpilot score. While its regulatory credentials and fund safeguarding mechanisms are strong, the user experience and transparency on the crypto side leave room for improvement.

Fees, Spreads & Commissions

Trade Republic has positioned itself as one of the most cost-efficient brokers in the European market, especially when it comes to routine investing in stocks, ETFs, and cryptocurrencies. The standout feature is the ultra-simplified, €1 (approx. $1.10 USD) flat fee per trade, regardless of the asset class or the trade size. This approach makes cost forecasting straightforward and especially benefits low-frequency or smaller-volume investors who want to avoid the typical variable commission schedule seen at legacy brokers. In my view, this fee model is dramatically below both the North American and European market averages, which usually impose a per-share commission or tiered pricing.

Stock and ETF investors can take further advantage of the absence of bid/ask spread markups—Trade Republic executes orders at the best available price, and does not add a hidden spread or charge custody fees. The lack of recurring account fees, inactivity penalties, or custody rates provides genuine transparency, which is rare in the industry. I also value that there are no fees for deposits, standard withdrawals, or account maintenance, keeping the overall cost structure highly competitive for long-term portfolios.

For crypto traders, Trade Republic applies the same $1.10 USD flat fee for every buy or sell order, a structure that is rare versus the typical percentage-based fees at major global crypto exchanges. There are no overnight, custody, or transfer fees for digital assets, but the platform does not allow external wallet transfers, which may increase all-in costs for those who want to self-custody or move funds on-chain. Spread costs on crypto appear embedded and are not explicitly published, but tend to align with standard retail exchange rates.

The one potential caveat I see is in currency conversion: any trade executed in a currency other than EUR incurs a fee of 0.25% on the notional amount, which is quite competitive relative to the market but still meaningful for large or frequent cross-currency trades. For Canadians managing USD assets via Trade Republic, this may add up over time.

What are the account-related fees?

Expert advice | Trip

Compare the impact of currency conversion fees over a year if you regularly trade in non-EUR assets.

When investing long-term, minimizing unnecessary cross-currency transactions or funding your account in the most-used transaction currency can help reduce hidden costs that silently erode your net returns.

What are the fees on stocks and ETFs?

For stocks and ETFs, Trade Republic offers a uniform $1.10 USD fixed commission per trade, with no additional custody, spread, or overnight fees. This model is significantly cheaper than the market average, making Trade Republic ideal for buy-and-hold investors, dividend collectors, and long-term ETF savers. There are no surprise fees such as inactivity or maintenance charges, and the only additional cost Canadians may encounter is the modest 0.25% currency conversion fee for non-EUR trades. UK trades will still incur their national stamp duty.

What are the fees on cryptocurrencies?

Crypto trading at Trade Republic is accessible with a flat $1.10 USD buy/sell fee, which is highly competitive versus leading global crypto brokers that usually charge 0.5% to 2% per transaction. There are no custody or overnight fees, but users are restricted to holding coins within the custodial platform—no external wallet transfers are possible, which is a limitation for those seeking direct blockchain control. Spreads are not disclosed directly but typically align with major exchange rates.

Assets & Markets

Trade Republic’s range of investable assets stands out for its simplicity and breadth, especially for a neobroker. The platform offers direct (spot) access to over 7,500 global stocks and 2,000+ ETFs, organized across major North American, European, and Asian exchanges. I value this for long-term investors seeking low-cost, diversified portfolios via classic asset classes. The €1 flat commission per trade—whether for stocks or ETFs—removes the typical cost uncertainty found in tiered brokerage structures, making Trade Republic’s cost calculation very transparent.

A notable advantage is the platform’s support for over 50 cryptocurrencies, all traded spot and seamlessly integrated alongside equities and funds. While lacking advanced crypto features such as staking or DeFi, the ability to invest in a broad crypto lineup from the same dashboard as ETFs and stocks facilitates easy portfolio rebalancing for those who want both digital and traditional asset exposure. However, dedicated crypto traders may find the lack of margin, staking, or coin withdrawal limiting for sophisticated strategies.

I find the absence of forex trading and commodity spot markets a clear limitation for active traders. Exposure to these asset classes is available only indirectly via ETFs or ETCs. Trade Republic also doesn’t support CFDs or any form of leveraged trading, positioning itself more as an investment platform than a high-frequency or speculative broker. While bonds—including government and some corporate issues—are available, the selection is narrower than in specialist fixed income platforms.

One area for improvement is the lack of support for derivatives (like options and futures) and for institutional-grade trading tools. Additionally, the availability of NFTs, stablecoins, or other new digital asset categories remains absent. Trade Republic’s focus, therefore, is on accessible, cost-effective, and regulated investing rather than providing cutting-edge, niche, or high-risk assets.

Trading Tools & Apps

Trade Republic’s primary strength lies in its highly streamlined and intuitive mobile and web platforms. The interface delivers one of the most user-friendly experiences available—trade execution, portfolio tracking, and order placement are all accessible within just a few taps or clicks. This simplicity makes the platform exceptionally suitable for beginners or passive investors who want low-cost market access without the distractions of complex tools or advanced configurations.

The mobile app stands out for its fast, minimalist layout, with real-time price updates, instant notifications, and easy savings plan setup for auto-investing in stocks, ETFs, or cryptocurrencies. Usability is consistently fluid, offering frictionless navigation and a modern feel, though it is intentionally designed to exclude the deep customization or technical analysis modules favored by highly active or professional traders. The proprietary browser-based web app mirrors the mobile experience, focusing on accessibility over depth.

Trade Republic does not support third-party software like MetaTrader 4/5 or TradingView. Advanced charting, algorithmic trading, and coded strategies are not part of the offering. Charting is limited to basic price graphs with a small set of visual tools—there are no built-in technical indicators, multi-timeframe overlays, or scripting capabilities. Automated strategies, bots, APIs, and copy-trading are unavailable. Experienced users who demand robust analytics or integrations will find the platform limiting.

Order execution is straightforward, with support for market, limit, and stop orders, including take-profit and stop-loss triggers. Advanced conditional orders like trailing stops, OCO (one-cancels-other), and bracket orders are not available. There is no negative balance protection (as no margin, CFD, or leveraged trading features are offered). Crypto purchases are handled directly on the platform, but staking, earn, or DeFi utilities are not provided; crypto assets remain in custodial wallets with no facility to withdraw to external wallets.

While Trade Republic excels as a clean, affordable gateway to core investing in stocks, ETFs, bonds, and top cryptocurrencies, it lacks the rich feature set, automation, and charting depth that active and technical traders require. The clear benefit is unparalleled simplicity; the main limitation is the absence of advanced or custom trading capabilities.

Trip

For the best balance of convenience and control, consider using both the mobile and web platforms—execute fast trades on your smartphone, but switch to the browser app when reviewing your portfolio or researching new assets. Always enable two-factor authentication to maximize account security.

Account Opening & Deposits

Account opening

Opening an account with Trade Republic is fully digital and designed for simplicity. Begin by downloading the mobile app or accessing the web platform, then complete a registration form with your personal details and contact information. Next, verify your identity by uploading a government-issued ID and proof of address. You’ll be required to answer a regulatory questionnaire about your financial knowledge and trading experience, as part of anti-money laundering and financial suitability checks. Once your documents have been submitted, the platform reviews your application, which typically takes from a few minutes up to 1–2 business days. You’ll receive a confirmation email with account access details once your application is approved.

Good to know

Select your account’s base currency (commonly EUR) during registration—this will determine how deposits, withdrawals, and conversions are processed. During high-demand periods, document verification may require extra time.

Deposits and withdrawals on Trade Republic

Deposits and withdrawals at Trade Republic are streamlined for efficiency. Funds can be added to your account primarily via SEPA bank transfer; other payment options like credit/debit card or e-wallets are typically not available for international clients, including those in Canada. Supported account currencies are usually in EUR, and all fiat deposits must originate from an account in your name. Deposits are generally credited within 1–2 business days, and withdrawals processed in the same timeframe. There are no deposit or withdrawal fees for bank transfers, but currency conversion fees may apply if your send or withdraw non-EUR funds. Trade Republic does not support direct crypto deposits or withdrawals, nor does it offer a fiat-to-crypto bridge or an external crypto wallet—crypto is held on-platform within a custodial account.

Good to know

Always confirm your registered bank account matches your Trade Republic account holder name to avoid delays. Check if your home bank charges any fees for international EUR transfers, as this is separate from Trade Republic's fee policy.

Account Types

Trade Republic is a European neobroker focused on providing low-cost access to stocks, ETFs, bonds, and major cryptocurrencies through a modern and intuitive mobile and web platform. While Trade Republic holds a full EU banking license and offers commission-free or ultra-low-cost trading in most supported regions, it is not officially available to Canadian residents as of July 2025. Trade Republic is not a classic CFD/Forex broker—there are no leveraged CFD, Forex, or spread betting accounts—and its platform is structured around classic securities and direct crypto investing rather than advanced trading or derivatives. Account configuration is streamlined, with no tiered or specialty options such as Raw ECN, Islamic, or demo accounts; instead, users have a single standard investment account for stocks, ETFs, and digital assets. Key crypto features like staking or cold storage are also not offered. Tax-advantaged accounts (like TFSA/RRSP) are unavailable.

Tip

Always review your broker's full fee schedule before opening an account. If you plan to invest in both traditional and digital assets, confirm whether the same account supports both (as with Trade Republic), and consider currency conversion fees if your base currency is not offered.

How does Trade Republic compare to competitors?

How does Trade Republic compare to competitors?

Customer reviews

Trade Republic holds a Trustpilot rating of 2.5 out of 5, based on over 1,000 user reviews as of July 2025. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :

• Very low, transparent fee structure (fixed €1 per trade)
• User-friendly and intuitive mobile app
• Simple and quick digital account opening process
• Wide selection of stocks, ETFs, and cryptocurrencies
• Automated investing options via savings plans

En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :

• Customer support responsiveness can be slow or unhelpful
• Occasional technical or balance issues after transactions
• Lack of advanced trading tools and research resources
• Difficulties or delays with account verification and documentation
• Services not available to Canadian residents, limiting accessibility

Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :

• M.L. – 21/06/2025 : “The app is very easy to use and trades are cheap, but when I had an issue with a deposit, customer support took days to respond and did not resolve it quickly.”
• K.H. – 08/05/2025 : “I like the flat fee and the range of assets, but my account was frozen for additional checks and it was really hard to get clear updates from support.”
• J.F. – 02/04/2025 : “Great for basic investing and building an ETF portfolio on a budget, but it lacks advanced features for active traders and sometimes the app glitches after trades.”

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.