One App, A Web Terminal, 1 € Trading Fee
Trade Republic is a Berlin-based online bank founded in 2015 that offers European retail investors access to over 10,000 stocks, ETFs, bonds, and cryptocurrencies. Trades settle for a EUR 1 flat fee under the automated Best Price model, or EUR 2 for traders who want to choose their own execution venue directly across 30 exchanges under Direct Price. Savings plans with zero execution cost and fractional investing from EUR 1 make it one of the lowest-cost platforms available in Europe. As a fully licensed bank rather than just a brokerage, you also earn interest on uninvested cash.
Expert Reviewer Verdict
Trade Republic is built around one idea: make investing cheap and simple. Every trade settles for a flat EUR 1 fee under Best Price, where Trade Republic’s own algorithm aggregates the order to the venue offering the best price, or EUR 2 under Direct Price, which lets the trader choose the execution venue directly across 30 exchanges with no venue surcharges regardless of order size. Savings plans for stocks, ETFs, and crypto run commission-free, and fractional shares start from as little as EUR 1. Considering you earn interest on your cash balance, the cost case is hard to argue with for a long-term European investor.
The platform covers real assets only, spanning 8,000 stocks, a wide range of ETFs, over 50 spot cryptocurrencies (MiCA-authorised since April 2025), bonds, and a selection of indices, metals, energy, and soft commodities. TradingView charts come built into the app, which holds a 4.7 rating on the App Store and 4.6 on Google Play, while account opening is completed the same day from a minimum deposit of just EUR 1. Child savings accounts round out the offering for families in Germany, Spain, and France.
That focus comes with clear limits, though: there is no demo account, no desktop app, and no API access, so active traders looking for forex, CFDs, leverage, or advanced research tools won’t find them here. Customer support does run around the clock via live chat, phone, and in-app support, even without a dedicated account manager. Altogether, the platform suits investors who want a straightforward, low-cost home for long-term positions, while Direct Price and a new advanced Web Terminal now also give more advanced traders control and depth over their trades.
Pros and Cons
Pros
- Direct Execution On 30 Exchanges, At 2€ Fee
- Free Live Data for Nasdaq, Xetra, Euronext
- Advanced Charting and Instrument Screener
- Interest On Cash Balance
- BaFin-Regulated With Full Banking Licence
Cons
- No Demo Account Available
- Mobile Focus, Web Terminal but No Desktop App
- EUR Base Currency Only, No Forex Trading
Trust and Safety
Licensed Bank With EUR 100,000 Deposit Protection
Trade Republic Bank GmbH holds a full banking licence from BaFin and the Deutsche Bundesbank. Client deposits are covered by the German deposit guarantee scheme up to EUR 100,000 per depositor. Client funds are held in segregated accounts, and negative balance protection applies to all retail accounts.
|
Regulatory Body |
Status |
|---|---|
|
ASIC |
No |
|
CySEC |
No |
|
DFSA |
No |
|
EFSA |
No |
|
FCA |
No |
|
FMA |
No |
|
FSA (SC) |
No |
|
FSCA |
No |
|
FSC |
No |
|
JFSA |
No |
|
MAS |
No |
|
MiFID |
Yes |
|
BaFin |
Yes |
|
Deutsche Bundesbank |
Yes |
Tradable Instruments
Real Assets Across Stocks, ETFs, Crypto, Bonds and More
The platform covers over 100,000 instruments in total. Stocks make up 8,000 of that offering, with fractional investing from EUR 1 and a flat EUR 1 settlement fee per trade, while the ETF range is similarly commission-free and supports automated savings plans from EUR 1. Over fifty cryptocurrencies are available for spot purchase, MiCA-authorised since April 2025, and bonds, indices, metals, energies, and soft commodities round out the offering. There’s no forex trading, CFDs, options, or futures here, and derivatives such as warrants and knock-out certificates are restricted to experienced investors. The service is not available to US residents or citizens.
|
Trading Instrument |
Available |
|---|---|
|
COMMODITIES |
Yes |
|
CURRENCIES |
No |
|
CRYPTOCURRENCIES |
Yes |
|
ETF |
Yes |
|
FUTURES |
No |
|
INDICES |
Yes |
|
STOCKS |
Yes |
|
BONDS |
Yes |
|
OPTIONS |
No |
Account Types
Standard and Child Savings Accounts From EUR 1
Two account types are available: Standard and Child Savings (for under-18s in Germany, Spain, and France). Both start from EUR 1 with no minimum balance requirement beyond the initial investment. Base currency is EUR, with PLN available for Polish accounts. No demo account, Islamic account, copy trading, or managed account options are offered.
|
Account Type |
Available |
|---|---|
|
DEMO ACCOUNT |
No |
|
ISLAMIC ACCOUNT |
No |
|
SEGREGATED ACCOUNT |
Yes |
|
MANAGED ACCOUNT |
No |
|
SUITABLE FOR BEGINNERS |
Yes |
|
SUITABLE FOR PROFESSIONALS |
Yes |
|
US TRADER |
No |
Commission and Fees
Two Ways to Trade. Savings Plans Free. Nothing Else.
The fee model offers two ways to trade. A EUR 1 flat settlement fee applies under Best Price, where Trade Republic’s algorithm aggregates the order to the venue offering the best price. A EUR 2 flat settlement fee applies under Direct Price, letting the trader choose the execution venue directly across 30 exchanges with no venue surcharges regardless of order size. Savings plans run at zero execution cost. There are no account fees, no inactivity fees, no deposit fees, and no withdrawal fees.
Account Minimum
EUR 1 across all account types.
Trading Fees
A EUR 1 flat settlement fee applies per trade under Best Price; a EUR 2 flat settlement fee applies under Direct Price for traders who choose their own execution venue. Savings plans for stocks, ETFs, and crypto are commission-free. Execution is via SOR and DMA.
CFD Fees
CFD trading is not available. Trade Republic provides real asset ownership only.
Forex Fees
Forex trading is not available on this platform.
Futures Fees
Futures trading is not available on this platform.
Account Fee
No monthly or annual account fee.
Inactivity Fee
No inactivity fee charged.
Deposit Fee
Free. Bank wire and SEPA deposits carry no charge.
Withdrawal Fee
Free. SEPA and bank wire withdrawals carry no charge.
Overnight Funding Fee
Not applicable. Trade Republic deals in real asset ownership, not leveraged positions. Confirm directly with Trade Republic for any instrument-specific holding costs.
Currency Conversion Fee
Not published. Accounts are EUR-denominated (PLN for Poland). Confirm with Trade Republic for any conversion charges on non-EUR assets.
Guaranteed Stop Order Fee
Not available.
Trading Platforms
Proprietary App With TradingView Built In
Trade Republic runs on its own proprietary platform – the Trade Republic App – available on iOS, Android, and via browser. TradingView charting and built-in advanced charts are integrated directly. There is no MT4, MT5, cTrader, or desktop application, and API access is not available.
Mobile Trading Apps
The Trade Republic app is available on iOS (App Store: 4.7) and Android (Google Play: 4.6), covering the full product – trading, savings plans, portfolio view, and the current account.
Web Trading Apps
A web platform is accessible via a browser with no download required.
Desktop Trading Apps
No desktop application is available.
|
Trading Platform |
Available |
|---|---|
|
MT4 |
No |
|
MT5 |
No |
|
CTRADER |
No |
|
PROPRIETARY |
Yes |
|
Desktop and Web Platform |
Available |
|---|---|
|
DESKTOP WINDOWS |
No |
|
DESKTOP MAC |
No |
|
WEB PLATFORM |
Yes |
|
Mobile Platform |
Available |
|---|---|
|
ANDROID |
Yes |
|
iOS |
Yes |
Unique Features
Direct Price Execution, Banking Licence, and MiCA Crypto
Four things stand out. First, the newly introduced Direct Price option lets traders choose their own execution venue across 30 exchanges for a fixed EUR 2 fee, alongside the standard EUR 1 Best Price model, giving hands-on traders more control without leaving the app. Second, Trade Republic operates as a fully licensed online bank rather than just a brokerage, which means the built-in EUR current account earns interest on idle cash rather than leaving it dormant. Third, the crypto offering received MiCA authorisation in April 2025, making Trade Republic one of the first EU-regulated platforms to offer spot crypto under the new framework. Fourth, zero execution cost savings plans for stocks, ETFs, and crypto let investors automate regular contributions from EUR 1 with no order commission – a practical feature for anyone building a portfolio gradually.
Research and Education
Screeners, Analyst Ratings, and Company Data In-App
Research tools include analyst ratings and recommendations, fundamental data, stock screeners, technical scanners, an earnings calendar, analyst reports, and company financials, all accessible within the app. A live news feed and an economic calendar provide market updates. There are no webinars or trading signals.
Customer Support
24/7 Support Across Eight Languages
Support is available 24 hours a day, every day, via live chat, phone, and in-app support, backed by a help centre with FAQs. Live chat is AI-powered, and the average response time is under one minute. Eight languages are covered: English, German, French, Spanish, Italian, Portuguese, Polish, and Dutch. There is no dedicated account manager.
Account Opening
Same-Day Sign-Up, EUR 1 to Start
Account opening is completed on the same day through the mobile app. Standard KYC applies – proof of identity and proof of address. The EUR 1 minimum means there is no meaningful financial barrier to getting started. No demo account is available before opening a live account. Child savings accounts for under-18s are available in Germany, Spain, and France.
Deposit and Withdrawals
Multiple Payment Methods, Instant Processing, EUR 1 Minimum
Deposits can be made via bank wire transfer, credit and debit card, cryptocurrency, local bank transfer, Apple Pay, Google Pay, and SEPA. Withdrawals are available via bank wire transfer, cryptocurrency, local bank transfer, and SEPA. Both are free, with a EUR 1 minimum withdrawal. Deposits and withdrawals process instantly, and crypto deposits and withdrawals are supported.
Final Thoughts
Trade Republic does one thing very well: it removes the cost barriers that have historically put European retail investors off getting started. A EUR 1 flat trade fee under Best Price, commission-free savings plans, fractional shares from EUR 1, interest on cash, and MiCA-authorised crypto – all inside a BaFin-licensed bank – adds up to a genuinely strong proposition for cost-conscious or first-time investors. The new Direct Price option also gives more advanced traders a way to choose their own execution venue for a very competitive fixed EUR 2 fee.
It is not the right fit for active traders who need leverage, CFDs, forex, or a full research suite. But for someone building a long-term portfolio with minimal friction and minimal fees, Trade Republic is hard to beat in the European market.
Contact Info
Berlin, Germany
FAQs
-
Question: Question
Answer: Answer -
Question: Is Trade Republic regulated?
Answer: Yes. Trade Republic Bank GmbH is licensed by BaFin and the Deutsche Bundesbank. Client deposits are protected under the German deposit guarantee scheme up to EUR 100,000 per depositor. -
Question: What is the minimum deposit?
Answer: EUR 1. There is no minimum balance requirement beyond the initial investment. -
Question: Does Trade Republic charge trading commissions?
Answer: A EUR 1 flat settlement fee applies under Best Price, or EUR 2 under Direct Price for traders who choose their own execution venue. Savings plans for stocks, ETFs, and crypto are commission-free. -
Question: What platforms are available?
Answer: The proprietary Trade Republic app on iOS and Android, plus a web platform. TradingView charting is built in. No desktop app or API access. -
Question: Does Trade Republic offer cryptocurrency?
Answer: Yes – over 50 spot cryptocurrencies, MiCA-authorised since April 2025. Crypto deposits and withdrawals are supported. -
Question: Are there deposit or withdrawal fees?
Answer: No. Deposits and withdrawals are free across all supported methods, including bank cards, e-wallets, and cryptocurrency, and both process instantly. -
Question: What is the difference between Best Price and Direct Price execution?
Answer: Best Price applies a flat EUR 1 fee with Trade Republic’s algorithm selecting the best execution venue. Direct Price applies a flat EUR 2 fee and lets the trader choose the execution venue directly across 30 exchanges.
App Store
Google Play