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Trade Republic

My Review of the Trade Republic Platform (July 2025)

Trade Republic Broker
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My opinion on Trade Republic

Last update: July 2, 2025
Trade RepublicTrade Republic
4.5
hellosafe-logoScore
P. Laurore
P. LauroreFinance expert

Trade Republic stands out as a European-based, mobile-first brokerage and licensed bank offering low-cost investing in stocks, ETFs, bonds, and 50+ major cryptocurrencies with a straightforward €1 flat fee per trade and zero account management or inactivity fees.
Backed by regulation from BaFin and the European Central Bank, it ensures a high degree of investor protection and reliability, although it isn’t directly overseen by Canadian authorities and feature availability may be limited for CA residents.
Its asset range covers global stocks and ETFs, bonds, and direct spot crypto trading, though leveraged products, CFDs, and advanced features are not provided, focusing instead on an easy-to-use, secure platform best for long-term and passive investors.
Relative to competitors, Trade Republic excels on transparent pricing, simplicity, and regulatory strength, making it appealing for cost-conscious users who value ease and security over breadth of assets or advanced tools.
Established in 2015, Trade Republic serves over one million clients, earning a strong 4.0/5 Trustpilot rating from more than 31,000 reviews, highlighting its popularity in Europe and growing international interest.
According to my experience, Trade Republic is ideal for the following trader profiles:
➡️ Beginners: Trade Republic’s clean mobile app, straightforward pricing, and low minimum deposit make it especially welcoming for novice investors looking for a hassle-free start into stocks, ETFs, or crypto without complex tools or extra charges.
➡️ Passive and long-term investors: The automated savings plan feature and broad access to ETFs and global stocks make Trade Republic attractive for those seeking to build diversified portfolios over time with minimal ongoing fees.
➡️ Crypto-curious or hybrid investors: With support for 50+ top cryptocurrencies and secure custody without extra commission, Trade Republic suits those interested in adding digital assets alongside traditional equities, though access to advanced crypto features or external wallets is limited.

  • Very low, flat €1 (or equivalent) fee per stock, ETF, or bond trade
  • No account management, inactivity, or custody fees
  • Large, regulated asset offering: stocks, ETFs, bonds, and 50+ cryptocurrencies
  • Simple, intuitive mobile and web platforms ideal for beginners
  • Automated savings plans for regular, commission-free investing
  • Regulated as a full bank by BaFin and the European Central Bank
  • Instant account opening and fully digital onboarding
  • No commission or extra fees on crypto trades (spread-based pricing)
  • High Trustpilot score (4.0/5 from 31,280+ reviews)
  • No direct regulation by Canadian securities authorities (possible geographic restrictions)
  • No leveraged trading, CFDs, or advanced order types for active traders
  • No native demo account or Islamic (swap-free) accounts
  • Crypto features limited (no staking, lending, or external wallet transfers)
Trade RepublicTrade Republic
4.5
hellosafe-logoScore
  • Very low, flat €1 (or equivalent) fee per stock, ETF, or bond trade
  • No account management, inactivity, or custody fees
  • Large, regulated asset offering: stocks, ETFs, bonds, and 50+ cryptocurrencies
  • Simple, intuitive mobile and web platforms ideal for beginners
  • Automated savings plans for regular, commission-free investing
  • Regulated as a full bank by BaFin and the European Central Bank
  • Instant account opening and fully digital onboarding
  • No commission or extra fees on crypto trades (spread-based pricing)
  • High Trustpilot score (4.0/5 from 31,280+ reviews)

My opinion on Trade Republic

Last update: July 2, 2025
P. Laurore
P. LauroreFinance expert
  • Very low, flat €1 (or equivalent) fee per stock, ETF, or bond trade
  • No account management, inactivity, or custody fees
  • Large, regulated asset offering: stocks, ETFs, bonds, and 50+ cryptocurrencies
  • Simple, intuitive mobile and web platforms ideal for beginners
  • Automated savings plans for regular, commission-free investing
  • Regulated as a full bank by BaFin and the European Central Bank
  • Instant account opening and fully digital onboarding
  • No commission or extra fees on crypto trades (spread-based pricing)
  • High Trustpilot score (4.0/5 from 31,280+ reviews)
  • No direct regulation by Canadian securities authorities (possible geographic restrictions)
  • No leveraged trading, CFDs, or advanced order types for active traders
  • No native demo account or Islamic (swap-free) accounts
  • Crypto features limited (no staking, lending, or external wallet transfers)
Trade RepublicTrade Republic
4.5
hellosafe-logoScore
  • Very low, flat €1 (or equivalent) fee per stock, ETF, or bond trade
  • No account management, inactivity, or custody fees
  • Large, regulated asset offering: stocks, ETFs, bonds, and 50+ cryptocurrencies
  • Simple, intuitive mobile and web platforms ideal for beginners
  • Automated savings plans for regular, commission-free investing
  • Regulated as a full bank by BaFin and the European Central Bank
  • Instant account opening and fully digital onboarding
  • No commission or extra fees on crypto trades (spread-based pricing)
  • High Trustpilot score (4.0/5 from 31,280+ reviews)
Trade Republic stands out as a European-based, mobile-first brokerage and licensed bank offering low-cost investing in stocks, ETFs, bonds, and 50+ major cryptocurrencies with a straightforward €1 flat fee per trade and zero account management or inactivity fees.
Backed by regulation from BaFin and the European Central Bank, it ensures a high degree of investor protection and reliability, although it isn’t directly overseen by Canadian authorities and feature availability may be limited for CA residents.
Its asset range covers global stocks and ETFs, bonds, and direct spot crypto trading, though leveraged products, CFDs, and advanced features are not provided, focusing instead on an easy-to-use, secure platform best for long-term and passive investors.
Relative to competitors, Trade Republic excels on transparent pricing, simplicity, and regulatory strength, making it appealing for cost-conscious users who value ease and security over breadth of assets or advanced tools.
Established in 2015, Trade Republic serves over one million clients, earning a strong 4.0/5 Trustpilot rating from more than 31,000 reviews, highlighting its popularity in Europe and growing international interest.
According to my experience, Trade Republic is ideal for the following trader profiles:
➡️ Beginners: Trade Republic’s clean mobile app, straightforward pricing, and low minimum deposit make it especially welcoming for novice investors looking for a hassle-free start into stocks, ETFs, or crypto without complex tools or extra charges.
➡️ Passive and long-term investors: The automated savings plan feature and broad access to ETFs and global stocks make Trade Republic attractive for those seeking to build diversified portfolios over time with minimal ongoing fees.
➡️ Crypto-curious or hybrid investors: With support for 50+ top cryptocurrencies and secure custody without extra commission, Trade Republic suits those interested in adding digital assets alongside traditional equities, though access to advanced crypto features or external wallets is limited.
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Why trust Hellosafe?

I’ve personally spent time testing Trade Republic to give you a real perspective on its strengths and limitations. I opened an account, explored the app and web platform, reviewed the trading fees, and checked how easy it really is to invest or withdraw funds. I also interacted with customer support to see how responsive they are when issues arise.

During my review, I compared Trade Republic’s offer with other major regulated platforms, focusing on factors like regulation, usability, costs, and asset variety. This experience allowed me to judge if it’s really reliable and suitable for both beginners and more experienced traders.

My insights are based on real usage, not just marketing claims. I wanted to see for myself whether Trade Republic stands up to the competition among regulated brokers—especially for Canadians. I hope my first-hand approach helps you assess if it’s the right fit for your trading style.

Trade Republic at a glance

FonctionnalitéDétail
💰 Dépôt minimum€1 (or equivalent in CAD; may vary by local conversion and availability)
🛡️ RégulationLicensed bank, regulated by ECB and BaFin (Germany)
💎 Licence cryptoBaFin crypto custody and trading license
📄 Enregistrement FSMANot registered with FSMA; focus is EU/EEA regulation
📈 Actifs disponiblesStocks, ETFs, bonds, 50+ cryptocurrencies
📊 Plateformes de tradingMobile app (iOS/Android), web platform
🛠️ Outils de tradingReal-time quotes, portfolio tracking, savings plans
🧪 Compte démoNot available
☪️ Compte islamiqueNot available
📝 Ordres clésMarket, limit, stop orders, savings plans
⚡ Effet de levierNo leverage; all assets traded without leverage
💸 Frais€1 flat fee per stock/ETF/bond trade, free savings plans, no account or inactivity fees
📞 Support clientIn-app chat, email, emergency phone (international); no Canadian-specific support
🌟 Avis Trustpilot4.0/5 (31,280+ reviews, as of July 2025)
💰 Dépôt minimum
Détail
€1 (or equivalent in CAD; may vary by local conversion and availability)
🛡️ Régulation
Détail
Licensed bank, regulated by ECB and BaFin (Germany)
💎 Licence crypto
Détail
BaFin crypto custody and trading license
📄 Enregistrement FSMA
Détail
Not registered with FSMA; focus is EU/EEA regulation
📈 Actifs disponibles
Détail
Stocks, ETFs, bonds, 50+ cryptocurrencies
📊 Plateformes de trading
Détail
Mobile app (iOS/Android), web platform
🛠️ Outils de trading
Détail
Real-time quotes, portfolio tracking, savings plans
🧪 Compte démo
Détail
Not available
☪️ Compte islamique
Détail
Not available
📝 Ordres clés
Détail
Market, limit, stop orders, savings plans
⚡ Effet de levier
Détail
No leverage; all assets traded without leverage
💸 Frais
Détail
€1 flat fee per stock/ETF/bond trade, free savings plans, no account or inactivity fees
📞 Support client
Détail
In-app chat, email, emergency phone (international); no Canadian-specific support
🌟 Avis Trustpilot
Détail
4.0/5 (31,280+ reviews, as of July 2025)

Security & Regulation

Trade Republic stands out for its robust regulatory framework, being a fully licensed German bank regulated by BaFin and the European Central Bank. The broker also holds a BaFin-issued crypto custody and trading license, which is a significant sign of institutional oversight. For asset protection, client funds are segregated from Trade Republic’s own accounts and covered by the statutory EU deposit guarantee scheme up to €100,000. Crypto assets are stored using secure, regulated custodial solutions, though there is no proof-of-reserves audit for crypto as of now.

Risk management is sound for most retail investors: the platform supports stop and limit orders, negative balance protection, and offers mandatory two-factor authentication. Nevertheless, it does not provide leveraged trading or certain advanced risk tools, keeping risk tight and straightforward. Trade Republic’s reputation is strong in Europe, with a large user base and consistently positive reviews for reliability, low fees, and platform stability. However, the lack of official Canadian regulation means users in Canada should remain cautious regarding local investor protections.

IndicatorDescriptionEvaluation
Regulatory complianceRegulated by BaFin (Germany), ECB banking license, BaFin crypto license5/5
Fund securityClient asset segregation, EU deposit guarantee up to €100,000, regulated crypto custody4/5
Risk management toolsStop/limit orders, negative balance protection, two-factor authentication; no leverage, basic order types4/5
Notoriety and coverageHigh user base, strong EU reputation, Trustpilot 4.0/5 (31,000+ reviews), limited Canadian coverage4/5
Summary of indicator evaluations.
Regulatory compliance
Description
Regulated by BaFin (Germany), ECB banking license, BaFin crypto license
Evaluation
5/5
Fund security
Description
Client asset segregation, EU deposit guarantee up to €100,000, regulated crypto custody
Evaluation
4/5
Risk management tools
Description
Stop/limit orders, negative balance protection, two-factor authentication; no leverage, basic order types
Evaluation
4/5
Notoriety and coverage
Description
High user base, strong EU reputation, Trustpilot 4.0/5 (31,000+ reviews), limited Canadian coverage
Evaluation
4/5
Summary of indicator evaluations.

Fees, Spreads & Commissions

Trade Republic positions itself as a low-cost, highly transparent broker, and its fee policy reflects this focus. For stocks, ETFs, and bonds, I find the flat $1 fee per trade (converted from €1, so slight fluctuations due to FX rates) outstanding, especially compared to the tiered or volume-based commissions customary in North America. There are no custody, inactivity, or maintenance fees, creating a predictable cost structure ideal for long-term investing or regular savings plans.

For cryptocurrencies, Trade Republic applies zero explicit commission, but instead incorporates its profit into the spread—meaning the buy/sell price difference is the true cost. While this is typical for mobile-first brokers, I advise keeping an eye on effective spread sizes, as they can be higher during volatile periods or for low-liquidity crypto assets. There are no staking or lending fees, and all assets are held custodially within Trade Republic, which removes blockchain network withdrawal costs but limits external transfers.

Deposit and withdrawal costs are minimal for most bank transfer users, with no fees charged by Trade Republic for these operations. However, users dealing in currencies other than EUR may face currency conversion fees that, although competitive, can subtly add to total costs—especially relevant for Canadians transacting in USD or CAD. There are no direct options for leveraged or CFD trading, so you avoid swap or overnight financing fees that many competitors impose.

Overall, Trade Republic’s pricing is highly competitive for casual and buy-and-hold investors. Active traders might notice limited flexibility due to the lack of advanced order types and margin trading, but for most, the platform’s cost transparency outweighs such trade-offs.

What are the account-related fees?

Fee TypeConditions at Trade RepublicMarket Average
Opening fee$0$0–$50
Maintenance fee$0$0–$120/year
Withdrawal fee$0 (bank transfer); bank/ATM fee may apply$0–$25/withdrawal
Inactivity fee$0$0–$25/month
Currency conversion fee~0.25%–1.0% on non-EUR trades1%–2.5%
Opening fee
Conditions at Trade Republic
$0
Market Average
$0–$50
Maintenance fee
Conditions at Trade Republic
$0
Market Average
$0–$120/year
Withdrawal fee
Conditions at Trade Republic
$0 (bank transfer); bank/ATM fee may apply
Market Average
$0–$25/withdrawal
Inactivity fee
Conditions at Trade Republic
$0
Market Average
$0–$25/month
Currency conversion fee
Conditions at Trade Republic
~0.25%–1.0% on non-EUR trades
Market Average
1%–2.5%
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Expert advice — Trader Tip:

To reduce total costs, try to deposit and trade in EUR when possible, as internal currency conversion at Trade Republic is generally cheaper than typical retail bank FX rates. For regular small investments, using free savings plans can eliminate commission charges completely, making portfolio building even more cost efficient.

What are the fees on stocks and ETFs?

Trade Republic applies a flat $1 commission for stocks and ETF transactions, regardless of trade size, far below what most Canadian brokers charge. Spreads are minimal due to the agency business model, but overnight and custody fees are absent, supporting long-term holding. UK stamp duty is handled at-cost.

Fee TypeConditions at Trade RepublicMarket Average
Commission$1 per trade$5–$10 per trade
Spread feeTypical agency spread (tight, <0.01%)0.01%–0.10%
Overnight feeNot applicable$0–$5/day (for margin)
Custody fee$0$0–$50/year
UK stamp duty tax0.5% for UK stocks (at cost if applicable)0.5%
Fee comparison between Trade Republic and the market average.
Commission
Conditions at Trade Republic
$1 per trade
Market Average
$5–$10 per trade
Spread fee
Conditions at Trade Republic
Typical agency spread (tight, <0.01%)
Market Average
0.01%–0.10%
Overnight fee
Conditions at Trade Republic
Not applicable
Market Average
$0–$5/day (for margin)
Custody fee
Conditions at Trade Republic
$0
Market Average
$0–$50/year
UK stamp duty tax
Conditions at Trade Republic
0.5% for UK stocks (at cost if applicable)
Market Average
0.5%
Fee comparison between Trade Republic and the market average.

What are the fees on cryptocurrencies?

Crypto trading at Trade Republic is commission-free, but effective costs are found in the spread between buy and sell prices. While this can be competitive for majors, variable spreads may widen outside of peak market hours or in high volatility. There are no overnight, custody, or blockchain transfer fees, as assets are held in-platform.

Fee TypeConditions at Trade RepublicMarket Average (crypto or CFD brokers)
Buy/sell fees$0 commission, profit built into spread0.1%–2.5% + spread
Spread feesEstimated 0.3%–1.5%0.2%–1.5%
Overnight feesNot applicable$0–$20/day (for margin)
Custody fees$0$0–$50/year
Transfer fees$0 (no on-chain transfers possible)$1–$25 or variable network fees
Buy/sell fees
Conditions at Trade Republic
$0 commission, profit built into spread
Market Average (crypto or CFD brokers)
0.1%–2.5% + spread
Spread fees
Conditions at Trade Republic
Estimated 0.3%–1.5%
Market Average (crypto or CFD brokers)
0.2%–1.5%
Overnight fees
Conditions at Trade Republic
Not applicable
Market Average (crypto or CFD brokers)
$0–$20/day (for margin)
Custody fees
Conditions at Trade Republic
$0
Market Average (crypto or CFD brokers)
$0–$50/year
Transfer fees
Conditions at Trade Republic
$0 (no on-chain transfers possible)
Market Average (crypto or CFD brokers)
$1–$25 or variable network fees

What are the fees on CFDs?

CFDs are not offered by Trade Republic for any asset class. Therefore, you do not incur spread, leverage, overnight, or swap fees typical of CFD platforms.

Underlying AssetMaximum LeverageSpread at Trade RepublicOvernight FeeMarket Average (CFD brokers)
CFD StocksN/AN/AN/A$0.05–$0.30, 0.1%–0.5% spread
Gold (XAU/USD)N/AN/AN/A$0.20–$0.50
Silver (XAG/USD)N/AN/AN/A$0.01–$0.05
Oil (WTI)N/AN/AN/A$0.04–$0.07
EUR/USDN/AN/AN/A0.6–1.5 pips
EUR/GBPN/AN/AN/A1–2 pips
USD/JPYN/AN/AN/A0.6–1.5 pips
GBP/USDN/AN/AN/A0.9–2 pips
BEL 20 (BEL20)N/AN/AN/A$1.00–$5.00
BTC/USD (crypto CFD)N/AN/AN/A0.2%–2.0% + overnight fees
Market average fees for various assets. Data for Trade Republic is not applicable.
CFD Stocks
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
$0.05–$0.30, 0.1%–0.5% spread
Gold (XAU/USD)
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
$0.20–$0.50
Silver (XAG/USD)
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
$0.01–$0.05
Oil (WTI)
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
$0.04–$0.07
EUR/USD
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
0.6–1.5 pips
EUR/GBP
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
1–2 pips
USD/JPY
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
0.6–1.5 pips
GBP/USD
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
0.9–2 pips
BEL 20 (BEL20)
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
$1.00–$5.00
BTC/USD (crypto CFD)
Maximum Leverage
N/A
Spread at Trade Republic
N/A
Overnight Fee
N/A
Market Average (CFD brokers)
0.2%–2.0% + overnight fees
Market average fees for various assets. Data for Trade Republic is not applicable.

Assets & Markets

Trade Republic’s asset selection focuses on accessible, core markets without the complexity associated with leveraged or synthetic products. I appreciate the expansive range of global stocks and ETFs, drawing from major U.S., European, and international exchanges. This delivers meaningful choice to those building diversified, long-term portfolios, while the absence of CFDs or leveraged trading eliminates the risks often associated with higher-complexity platforms.

One of the notable advantages is the deep coverage of spot equities and ETFs, combined with a flat, low transaction fee. I find the inclusion of thousands of stocks and a wide ETF lineup particularly attractive for investors seeking exposure to diverse sectors, asset classes, and geographies. Access to bonds—both corporate and government—further enhances the core investment offering, a rare feature among mobile-first brokers.

For digital assets, Trade Republic provides direct trading of over 50 leading cryptocurrencies under full BaFin regulatory oversight and with integrated custody. While staking and lending features are not available, the spot approach and regulatory framework contribute meaningfully to security and transparency—a significant plus for those who want crypto exposure beyond traditional ETF wrappers.

A key limitation is the absence of direct forex trading, commodity spot trading, and any advanced derivatives such as options or futures. Commodities and indices are only accessible via relevant ETFs, which suits passive and low-cost investors but excludes active traders seeking more tactical tools. There’s also no offering of stablecoins, NFTs, or crypto staking/earning products, leaving out several trends popular among specialized crypto investors.

The platform does not support advanced conditional orders, leveraged trading, or dedicated copy trading. While this keeps the trading environment simple and user-friendly, it does mean experienced traders looking for complex strategies or leverage will not find suitable tools here.

Asset ClassTypeNumber at Trade RepublicMarket AverageExample Assets
StocksSpot7,500+3,000–8,000Apple, Shopify, BMW, Tencent
ETFsSpot1,500+500–2,000iShares Core S&P 500, Xtrackers MSCI EM
CryptocurrenciesSpot50+20–150Bitcoin, Ethereum, Solana, Chainlink
Currencies (FX)Not offered030–60
CommoditiesVia ETFs only50+ ETFs (commodities)20–100 (ETF/CFD mix)iShares Physical Gold, Invesco Oil ETF
IndicesVia ETFs only30+ ETFs (indices)20–60 (ETF/CFD mix)iShares S&P 500 UCITS ETF
BondsSpot500+20–500German Bund, US Treasury, Siemens Bond
StablecoinsNot available05–10 (for crypto brokers)
NFTsNot available020–200 (crypto platforms)
Other derivativesNot offered030–300 (CFDs/options)
Comparison of asset classes offered at Trade Republic versus the market average.
Stocks
Type
Spot
Number at Trade Republic
7,500+
Market Average
3,000–8,000
Example Assets
Apple, Shopify, BMW, Tencent
ETFs
Type
Spot
Number at Trade Republic
1,500+
Market Average
500–2,000
Example Assets
iShares Core S&P 500, Xtrackers MSCI EM
Cryptocurrencies
Type
Spot
Number at Trade Republic
50+
Market Average
20–150
Example Assets
Bitcoin, Ethereum, Solana, Chainlink
Currencies (FX)
Type
Not offered
Number at Trade Republic
0
Market Average
30–60
Example Assets
Commodities
Type
Via ETFs only
Number at Trade Republic
50+ ETFs (commodities)
Market Average
20–100 (ETF/CFD mix)
Example Assets
iShares Physical Gold, Invesco Oil ETF
Indices
Type
Via ETFs only
Number at Trade Republic
30+ ETFs (indices)
Market Average
20–60 (ETF/CFD mix)
Example Assets
iShares S&P 500 UCITS ETF
Bonds
Type
Spot
Number at Trade Republic
500+
Market Average
20–500
Example Assets
German Bund, US Treasury, Siemens Bond
Stablecoins
Type
Not available
Number at Trade Republic
0
Market Average
5–10 (for crypto brokers)
Example Assets
NFTs
Type
Not available
Number at Trade Republic
0
Market Average
20–200 (crypto platforms)
Example Assets
Other derivatives
Type
Not offered
Number at Trade Republic
0
Market Average
30–300 (CFDs/options)
Example Assets
Comparison of asset classes offered at Trade Republic versus the market average.

Trading Tools and Apps

Trade Republic’s platform is designed with an emphasis on simplicity and accessibility, chiefly through its mobile app and web platform. I find the user interface to be highly intuitive, making it suitable for beginners or those seeking a frictionless investment experience. The mobile app stands out for its clean layout, clear navigation, and efficient portfolio tracking, supporting quick order execution on the go.

The trading suite focuses on long-term investing, offering direct trading of stocks, ETFs, bonds, and major cryptocurrencies. Core order types are present—market, limit, and stop—but advanced conditional orders such as OCO are not implemented. While the savings plan automation and recurring investment features set Trade Republic apart for passive investors, they may not satisfy active traders in search of dynamic execution tools or rapid-fire trading environments.

There’s a clear limitation regarding technical analysis and advanced charting. The in-app charting tools offer only basic indicators, lacking the depth and customization power available on specialized platforms like TradingView or MetaTrader. Algorithmic and automated trading options, including API access and strategy scripting, are not part of the current ecosystem. Copy trading and external bot integrations are also missing, positioning Trade Republic as more of an investing solution than a trader’s workstation.

No leverage, no CFDs, and no direct exposure to forex or complex derivatives means Trade Republic is not tailored for high-frequency, speculative, or leveraged strategies. The lack of staking, earn products, or non-custodial crypto wallet features further underscores its profile as a straightforward, “buy-and-hold” broker for traditional assets and blue-chip cryptocurrencies.

FeatureVerified Details
Mobile app (MetaTrader, etc.)Proprietary app for iOS/Android; no support for MetaTrader/TradingView/crypto wallets
UsabilityFluid, beginner-friendly, visually clean; minimal learning curve; optimized for mobile/web use
Compatible softwareProprietary Trade Republic platform only; no API, MetaTrader, or TradingView integration
Order typesMarket, limit, stop; no trailing stop, OCO, or other conditional orders
Charting & technical analysisBasic charting, limited indicators; no advanced analysis or external integrations
Auto trading / AutomatedNot available; no copy trading, bots, or API
Algorithmic tradingNot available; no script/code interface or AI integrations
Negative balance protectionTrading without leverage; such protection not needed or specified
Trading signalsNot available within app; no TradingView/third-party signals
Asset search & filtersFast, simple search engine for assets; basic filters for stocks, ETFs, crypto, bonds
Spot stock purchaseAvailable (direct ownership of stocks/ETFs/bonds); no CFD or leverage
Staking and earnNot available; no staking of crypto or earn products
Mobile app (MetaTrader, etc.)
Verified Details
Proprietary app for iOS/Android; no support for MetaTrader/TradingView/crypto wallets
Usability
Verified Details
Fluid, beginner-friendly, visually clean; minimal learning curve; optimized for mobile/web use
Compatible software
Verified Details
Proprietary Trade Republic platform only; no API, MetaTrader, or TradingView integration
Order types
Verified Details
Market, limit, stop; no trailing stop, OCO, or other conditional orders
Charting & technical analysis
Verified Details
Basic charting, limited indicators; no advanced analysis or external integrations
Auto trading / Automated
Verified Details
Not available; no copy trading, bots, or API
Algorithmic trading
Verified Details
Not available; no script/code interface or AI integrations
Negative balance protection
Verified Details
Trading without leverage; such protection not needed or specified
Trading signals
Verified Details
Not available within app; no TradingView/third-party signals
Asset search & filters
Verified Details
Fast, simple search engine for assets; basic filters for stocks, ETFs, crypto, bonds
Spot stock purchase
Verified Details
Available (direct ownership of stocks/ETFs/bonds); no CFD or leverage
Staking and earn
Verified Details
Not available; no staking of crypto or earn products
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Trader Tip

Use the savings plan feature to automate your investments and benefit from dollar-cost averaging, especially if you’re just starting to build your portfolio. For users transitioning from desktop platforms, familiarize yourself with the mobile-first environment and explore its notification options for timely order and portfolio updates.

Account Opening & Deposits

Account opening

Setting up an account at Trade Republic is fully digital and designed to be streamlined. The process starts by registering via the mobile app or website with your email and personal details. You then complete a brief regulatory questionnaire that evaluates your trading knowledge and investment goals. Identity verification requires uploading a government-issued photo ID and a document proving your address, such as a utility bill or bank statement.

Once your documents are submitted, Trade Republic will review them to verify your identity and compliance with regulatory standards. Validation time is typically fast—often within 1–2 business days—but can vary during periods of high demand or if additional details are required. After approval, you’ll receive a confirmation email and gain full access to the platform.

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Good to know

Choose your base currency carefully at registration, as changing it later may not be straightforward and could affect deposit/withdrawal conversion costs.

ItemDetails
Opening procedureFully digital via app/web; enter details, complete questionnaire, upload ID & proof of address
Validation timeUsually 1–2 business days (may take longer during peak periods)
Accepted deposit methodsBank transfer (SEPA/international); card and e-wallets not typically supported
Minimum required deposit€1 (or equivalent in CAD, depending on local conversion)
Required documentsGovernment-issued ID, proof of address (utility bill/bank statement), possibly selfie
Practical tipEnsure your documents match your registration details exactly to avoid delays
Account Opening and Deposit Information
Opening procedure
Details
Fully digital via app/web; enter details, complete questionnaire, upload ID & proof of address
Validation time
Details
Usually 1–2 business days (may take longer during peak periods)
Accepted deposit methods
Details
Bank transfer (SEPA/international); card and e-wallets not typically supported
Minimum required deposit
Details
€1 (or equivalent in CAD, depending on local conversion)
Required documents
Details
Government-issued ID, proof of address (utility bill/bank statement), possibly selfie
Practical tip
Details
Ensure your documents match your registration details exactly to avoid delays
Account Opening and Deposit Information

Deposits and withdrawals on Trade Republic

Depositing funds into your Trade Republic account is straightforward, with bank transfers (SEPA for EU or international wire for other regions) being the main supported method. No credit card or e-wallet funding is currently offered—verify the local availability of funding options if in Canada. Deposits are usually credited within 1–2 business days, with no fees from Trade Republic, though your bank may charge for currency conversion or international transfer. The minimum deposit is €1 or its equivalent.

Withdrawals are performed via bank transfer to your linked account, taking roughly 1–2 business days. No Trade Republic fee applies, but external bank or intermediary fees could occur. While Trade Republic provides a custodial wallet for crypto holdings, direct crypto deposits and withdrawals to external wallets are not available. Supported fiat currencies are generally limited to EUR, so be aware of conversion rates and potential costs.

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Good to know

Before transferring, confirm your platform base currency and check if your banking institution may charge extra fees for international transactions or currency conversions.

Payment methodAccepted currenciesMinimum amountProcessing timePossible fees
Credit cardNot supported
Bank transferEUR (possible CAD)€1 (approx. CAD equivalent)1–2 business daysNo fees by Trade Republic; bank fees may apply
E-walletsNot supported
Stablecoins/cryptoNot supported for direct deposit/withdrawal
Other local optionsNot available
Credit card
Accepted currencies
Not supported
Minimum amount
Processing time
Possible fees
Bank transfer
Accepted currencies
EUR (possible CAD)
Minimum amount
€1 (approx. CAD equivalent)
Processing time
1–2 business days
Possible fees
No fees by Trade Republic; bank fees may apply
E-wallets
Accepted currencies
Not supported
Minimum amount
Processing time
Possible fees
Stablecoins/crypto
Accepted currencies
Not supported for direct deposit/withdrawal
Minimum amount
Processing time
Possible fees
Other local options
Accepted currencies
Not available
Minimum amount
Processing time
Possible fees

Account Types

Trade Republic is a European, mobile-first investment platform and licensed bank focused on providing low-cost access to stocks, ETFs, bonds, and cryptocurrencies. It is not a CFD/Forex broker, does not offer leveraged trading or advanced professional accounts, and its account offering is designed to be straightforward for investors seeking direct ownership rather than derivative products. Crypto services are available for direct trading and custody, but staking, earn, or cold storage features are not part of the standard product set. Tax-advantaged accounts, such as TFSAs or RRSPs, are not an option for Canadian users. Account options and availability for residents of Canada are subject to local regulations and may be limited.

Account TypeAvailable (✅/❌)Main Features
Demo accountNo demo account functionality for practice or simulation
Standard accountDirect access to stocks, ETFs, bonds, and crypto; €1 flat fee trades
Raw ECN accountNot available; Trade Republic does not support ECN/CFD trading
Islamic accountSwap-free or Sharia-compliant options not offered
Professional accountProfessional/advanced accounts not available
CFD accountNo CFD or leveraged derivative products offered
Classic securities accountSimple, user-friendly brokerage for stocks, ETFs, and bonds
Staking/earn accountNo crypto staking or earning features
Cold storage accountCrypto held in secure custodial wallet only; no cold storage/outbound wallet
Tax-advantaged accountNot available (no TFSA, RRSP, etc. for Canadian users)
Accepted base currenciesEURAll accounts and trading services are denominated in euros
Trade Republic Account Types Overview
Demo account
Available (✅/❌)
Main Features
No demo account functionality for practice or simulation
Standard account
Available (✅/❌)
Main Features
Direct access to stocks, ETFs, bonds, and crypto; €1 flat fee trades
Raw ECN account
Available (✅/❌)
Main Features
Not available; Trade Republic does not support ECN/CFD trading
Islamic account
Available (✅/❌)
Main Features
Swap-free or Sharia-compliant options not offered
Professional account
Available (✅/❌)
Main Features
Professional/advanced accounts not available
CFD account
Available (✅/❌)
Main Features
No CFD or leveraged derivative products offered
Classic securities account
Available (✅/❌)
Main Features
Simple, user-friendly brokerage for stocks, ETFs, and bonds
Staking/earn account
Available (✅/❌)
Main Features
No crypto staking or earning features
Cold storage account
Available (✅/❌)
Main Features
Crypto held in secure custodial wallet only; no cold storage/outbound wallet
Tax-advantaged account
Available (✅/❌)
Main Features
Not available (no TFSA, RRSP, etc. for Canadian users)
Accepted base currencies
Available (✅/❌)
EUR
Main Features
All accounts and trading services are denominated in euros
Trade Republic Account Types Overview
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Trader Tip

Consider your main investment goals and residency status before opening an account with Trade Republic. If you want access to Canadian tax-advantaged accounts or advanced trading features like CFDs or professional leverage, you may need to choose a different platform. Always check regulatory coverage and service availability in your local jurisdiction.

Customer reviews

Trade Republic holds a Trustpilot score of 4.0 out of 5, based on over 31,280 reviews. User sentiment is generally positive, with investors highlighting several platform features and service experiences.

Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :

  • Extremely easy and fast account opening process
  • Very low trading fees, including a €1 flat commission per trade
  • User-friendly mobile app and simple web interface
  • Wide selection of stocks, ETFs, bonds, and cryptocurrencies
  • Automated savings plans at no extra cost

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

  • Slow or unresponsive customer service during peak times
  • Limited advanced trading features and order types
  • Some delays with bank withdrawals or fund settlements
  • No support for leveraged trading or CFDs
  • Crypto assets cannot be withdrawn to external wallets

Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :

  • L.K. – 03/05/2025 : “Easy to use, low fees, and great for beginners. The app is intuitive and makes investing simple.”
  • D.R. – 17/06/2025 : “Customer support can be slow at times, but overall a good experience for long-term investors.”
  • V.S. – 08/07/2025 : “Love the savings plans and the €1 flat fee. Would like to see more advanced features in the future.”

FAQ

Is Trade Republic regulated in CA?

Trade Republic is not regulated in Canada and does not hold licenses from IIROC or any Canadian regulatory authority. It is a fully licensed European bank, supervised by the European Central Bank and BaFin in Germany, but services for Canadians may be limited or unavailable.

What is the minimum deposit on Trade Republic?

The minimum deposit is €1 or the equivalent in local currency. For Canadian users, account access and currency conversion details depend on the availability of international service, so it is important to confirm with Trade Republic before attempting to open an account from Canada.

Does Trade Republic offer a welcome bonus?

Trade Republic does not regularly offer a welcome bonus for new clients. Promotions may sometimes be available and can vary by country or region, so checking the official app or website for up-to-date details is recommended.

How does leverage work on Trade Republic?

Trade Republic does not provide leveraged trading for retail clients. All assets like stocks, ETFs, bonds, and cryptocurrencies are traded on a fully funded basis, with no margin or CFD/forex leverage available.

How does Trade Republic make money?

Trade Republic earns revenue mainly from fixed, low trading commissions (like the €1 flat fee per trade), small spreads on crypto trading, and currency conversion fees for non-euro accounts. It does not charge account opening or custody fees.

Who is behind Trade Republic?

Trade Republic is operated by Trade Republic Bank GmbH, a fintech company headquartered in Berlin, Germany. The company is led by founders Christian Hecker, Thomas Pischke, and Marco Cancellieri and is backed by prominent international investors.

When was Trade Republic launched?

Trade Republic was launched in Germany in 2019 as a mobile-first brokerage focused on simple, low-cost trading. Since then, it has quickly expanded and now serves over one million clients in Europe.

Does Trade Republic offer copy trading or social trading?

Trade Republic does not support copy trading, PAMM, or social trading features, and has no built-in tools for automatic portfolio replication or following other investors’ trades. The platform is designed for self-directed investors seeking simplicity and low fees.

How can I contact Trade Republic’s customer service?

Customer support is available through in-app messaging and email. There is also a published emergency phone number for international users. Support is mainly available during European business hours, and no dedicated Canadian support line is offered.

Does Trade Republic offer any promotions or referral programs?

Trade Republic occasionally runs referral and promotional programs, allowing existing users to earn rewards by inviting friends. These offers vary by time and location, so consult the official platform or communications for the latest availability and terms.

Is Trade Republic regulated in CA?

Trade Republic is not regulated in Canada and does not hold licenses from IIROC or any Canadian regulatory authority. It is a fully licensed European bank, supervised by the European Central Bank and BaFin in Germany, but services for Canadians may be limited or unavailable.

What is the minimum deposit on Trade Republic?

The minimum deposit is €1 or the equivalent in local currency. For Canadian users, account access and currency conversion details depend on the availability of international service, so it is important to confirm with Trade Republic before attempting to open an account from Canada.

Does Trade Republic offer a welcome bonus?

Trade Republic does not regularly offer a welcome bonus for new clients. Promotions may sometimes be available and can vary by country or region, so checking the official app or website for up-to-date details is recommended.

How does leverage work on Trade Republic?

Trade Republic does not provide leveraged trading for retail clients. All assets like stocks, ETFs, bonds, and cryptocurrencies are traded on a fully funded basis, with no margin or CFD/forex leverage available.

How does Trade Republic make money?

Trade Republic earns revenue mainly from fixed, low trading commissions (like the €1 flat fee per trade), small spreads on crypto trading, and currency conversion fees for non-euro accounts. It does not charge account opening or custody fees.

Who is behind Trade Republic?

Trade Republic is operated by Trade Republic Bank GmbH, a fintech company headquartered in Berlin, Germany. The company is led by founders Christian Hecker, Thomas Pischke, and Marco Cancellieri and is backed by prominent international investors.

When was Trade Republic launched?

Trade Republic was launched in Germany in 2019 as a mobile-first brokerage focused on simple, low-cost trading. Since then, it has quickly expanded and now serves over one million clients in Europe.

Does Trade Republic offer copy trading or social trading?

Trade Republic does not support copy trading, PAMM, or social trading features, and has no built-in tools for automatic portfolio replication or following other investors’ trades. The platform is designed for self-directed investors seeking simplicity and low fees.

How can I contact Trade Republic’s customer service?

Customer support is available through in-app messaging and email. There is also a published emergency phone number for international users. Support is mainly available during European business hours, and no dedicated Canadian support line is offered.

Does Trade Republic offer any promotions or referral programs?

Trade Republic occasionally runs referral and promotional programs, allowing existing users to earn rewards by inviting friends. These offers vary by time and location, so consult the official platform or communications for the latest availability and terms.

P. Laurore
P. Laurore
Finance expert
HelloSafe
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.

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