Europe's Fastest-Growing Investment App
Trade Republic was founded in 2019 in Berlin and has grown to become Europe's fastest-growing investment app with 8 million customers across 17 EU countries. In 2023, Trade Republic received a full banking licence from BaFin, making it one of the very few neobrokers to also be a licensed bank — allowing it to hold customer deposits directly and offer up to 3.25% interest on uninvested cash. With a flat €1 fee per trade and access to 8,000+ stocks, 2,000+ ETFs, and 50+ cryptocurrencies, Trade Republic has democratised investing for a generation of European investors.
| 🏛️ Founded | 2019 |
| 📍 Headquarters | Berlin, Germany |
| 📈 Listed on | Private (unicorn, valued at $5B+ as of 2023) |
| 📜 Regulators | BaFin (Germany) — full banking licence (2023); Bundesbank supervised |
| 💵 Min. Deposit | €1 |
| 💰 Stock/ETF Commission | €1 per trade (flat fee for all orders) |
| 💱 FX / Spread | N/A (no forex trading) |
| 😴 Inactivity Fee | None |
| 🏧 Withdrawal Fee | Free |
| 🖥️ Platforms | Trade Republic App (iOS/Android) |
| 🎮 Demo Account | No |
| 🛡️ Investor Protection | BaFin banking licence: deposits up to €100,000 protected by German DGS. Securities covered by EdW (Entschädigungseinrichtung der Wertpapierhandelsunternehmen) up to €20,000. |
| 👥 Clients | 8,000,000+ |
Trade Republic is mobile-only. The app (iOS and Android) has a minimalist, extremely beginner-friendly design — the entire user experience is built around simplicity. Key features include: savings plans for stocks, ETFs, crypto, and metals (automated weekly/monthly investments from €1); real-time price alerts; a portfolio overview with P&L breakdown; Trade Republic Card (Mastercard) that rounds up every purchase to invest the difference; and a current account with a German IBAN paying up to 3.25% p.a. on cash. No web or desktop platform.
Trade Republic offers 8,000+ stocks and ETFs (including fractional shares from €1), 2,000+ ETF savings plans, 50+ cryptocurrencies, precious metals (gold, silver), and derivatives (knock-out certificates and warrants for experienced investors — appropriate for hedging or speculative strategies). The Trade Republic Card (Mastercard) works in 160+ countries and earns 1% cashback in Saveback (reinvested into your savings plan). All stock orders route through the L&S Exchange (Lang & Schwarz) — not a traditional exchange.
€1 per trade (flat) for all stocks, ETFs, crypto, and derivatives. Savings plans: free (€0). Trade Republic Card: free to issue and use. Cash interest: up to 3.25% p.a. on uninvested cash (ECB rate-linked). No inactivity fee. No account maintenance fee. No custody fee. No withdrawal fee. Currency conversion: Spread included in the L&S Exchange price for non-EUR instruments.
| Stocks & ETFs | €1 per trade (flat fee for all orders) |
| Forex / Spread | N/A (no forex trading) |
| Inactivity fee | None |
| Withdrawal fee | Free |
| Min. deposit | €1 |
Trade Republic received a full banking licence from BaFin (Germany) in 2023, supervised by both BaFin and the Deutsche Bundesbank. Customer deposits (cash) are protected up to €100,000 under Germany's statutory deposit guarantee (DGS) — one of Europe's strongest. Securities (stocks, ETFs) are held as client assets separate from Trade Republic's balance sheet and covered by EdW investor protection up to €20,000. Cash above €100,000 is automatically distributed to partner banks (also DGS-protected). Trade Republic has never experienced a security breach.
| Regulators | BaFin (Germany) — full banking licence (2023); Bundesbank supervised |
| Investor Protection | BaFin banking licence: deposits up to €100,000 protected by German DGS. Securities covered by EdW (Entschädigungseinrichtung der Wertpapierhandelsunternehmen) up to €20,000. |
| Publicly Listed | Private (unicorn, valued at $5B+ as of 2023) |
Available in 17 European countries: Germany, Austria, France, Italy, Spain, Netherlands, Belgium, Portugal, Ireland, Finland, Greece, Slovakia, Slovenia, Estonia, Latvia, Lithuania, and Luxembourg.
Trade Republic is the best investment app for European beginners and long-term investors who want ultra-low-cost stock, ETF, and crypto investing combined with a high-interest current account. The €1 flat fee, 3.25% cash interest, and savings plan feature make it exceptionally cost-effective for regular investors. The mobile-only design and order routing through L&S Exchange (not a primary exchange) are the main limitations for professional traders.
* Investing involves risk of loss. The value of your portfolio can go up as well as down. Past performance is not a guarantee of future returns.