Forex TRADE REPUBLIC Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.8

Business 2.1

Risk Control 2.4

Software 3.1

Regulatory 2.6

Terminal Snapshot

TRADE REPUBLIC Trading Conditions

Registered Region Germany

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website traderepublic.com

Balanced Review

Pros & Cons

Pros

Regulated by BaFin and Deutsche Bundesbank
Low trading fees with €1 external fee per trade
Diverse trading instruments: stocks, ETFs, bonds, cryptocurrencies, and derivatives
User-friendly mobile app with essential market tools
Automatic saving plans with investment options from €1

Cons

No demo account available for practice trading
Limited customer support options (email only)
Execution reliance on a single exchange
Basic charting tools and analysis features
Limited product offerings in derivatives and options

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	TRADE REPUBLIC	FXFlat	WH Selfinvest	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Germany	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does TRADE REPUBLIC Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and experienced traders	Low fees, access to stocks and ETFs	Suitable for individual investors
Professional Account	Experienced traders	Enhanced trading features, potential higher limits	Requires trading volume qualifications

Account Opening Process

To open an account with Trade Republic, users must follow several steps. First, they submit personal information, including their name, date of birth, and address. Next, they provide employment and financial information as required. The identity verification process includes uploading a valid ID and proof of address. Once the account is opened, users can later upgrade to a professional account if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	€1 per trade	Standard fees apply
CFDs (Stocks)	Varies	€1 per trade	Commissions apply
Cryptocurrencies	Varies	€1 per trade	Fees may vary based on the asset

Other Fees

Trade Republic has various fees that users should be aware of. There are no fees for deposits or withdrawals, which are processed without additional charges. Inactivity fees do not apply, and there are no platform usage fees. Overnight interest rates (swap rates) may apply, and currency conversion fees could be incurred depending on the transactions made.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

TRADE REPUBLIC User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Anna Müller

Berlin

★ ★ ★ ★ ★

Ich bin seit einem Jahr bei Trade Republic und insgesamt sehr zufrieden. Die App ist einfach zu bedienen, und die niedrigen Gebühren sind ein großer Vorteil. Ich schätze die Möglichkeit, Sparpläne ab 1 € anzubieten. Einzig der Kundenservice könnte schneller reagieren, aber für meine Bedürfnisse reicht es aus.

Lars Schmidt

Hamburg

★ ★ ★ ★ ★

Trade Republic ist ein großartiger Broker! Die Möglichkeit, in Aktien und ETFs zu investieren, ist super und die Gebühren sind unschlagbar. Ich liebe die intuitive App, die mir das Handeln sehr erleichtert. Bisher habe ich keine Probleme gehabt und kann Trade Republic nur weiterempfehlen.

Julia Fischer

München

★ ★ ★ ★ ★

Ich hatte mehrere Probleme mit dem Kundenservice von Trade Republic. Bei einer Rückzahlung meines Geldes gab es erhebliche Verzögerungen, und ich erhielt keine hilfreiche Antwort auf meine Anfragen. Das hat mir wirklich Sorgen bereitet, und ich erwäge, zu einem anderen Anbieter zu wechseln.

Peter Wagner

Frankfurt

★ ★ ★ ★ ★

Eine absolute Enttäuschung! Ich kann seit Wochen nicht auf mein Geld zugreifen, und der Kundenservice ist nicht hilfreich. Es gibt keine Möglichkeit, jemanden direkt zu kontaktieren, alles läuft über Chatbots, die keine echten Lösungen bieten. Ich werde mein Konto schließen, sobald ich meine Gelder zurückbekomme.

Germany Market