Trade Republic vs Scalable Capital: Which Is Better in 2026?
Choosing between Trade Republic and Scalable Capital? Here is the short answer, then the full breakdown on fees, features, and who each one is best for.
Reviewed by Yaniv Barshaf · Fees verified June 2026 · Our methodology
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Best overall: Trade Republic
The two leading German neobrokers, and the choice comes down to how often you trade. Trade Republic charges a flat €1 per trade with free ETF savings plans — simple and cheap for most investors. Scalable Capital's FREE Broker charges €0.99 per trade (and €0 on €250+ Prime ETF purchases), while its €4.99/month PRIME+ Broker offers a €0-commission flat rate that pays off for frequent traders. Both offer free savings plans and pay interest on cash. For simplicity and light trading, Trade Republic; for lump-sum ETF buys or heavy trading, Scalable Capital.
- Best for beginners: Trade Republic
- Best for low fees: Trade Republic
- Best for advanced: Scalable Capital
Capital at risk. This is not financial advice. Investing involves risk of loss.
Trade Republic vs Scalable Capital at a glance
| Feature | Trade Republic | Scalable Capital |
|---|---|---|
| Rating | 4.4 / 5 | 4.3 / 5 |
| Stock commission | €1 flat external-settlement fee per trade (stocks, ETFs, bonds, crypto) | FREE Broker: €0.99 per trade (€0 on €250+ Prime ETF purchases). PRIME+ Broker (€4.99/mo): €0 per trade on €250+, else €0.99. Xetra trades €3.99 on both plans |
| Withdrawal fee | Free to a linked bank account | Free to a linked bank account |
| Inactivity fee | None | None |
| Min deposit | $0 | $0 |
| Fractional shares | Yes | Yes |
| Demo account | No | No |
| Regulators | BaFin, Bundesbank | BaFin, Bundesbank |
Pros and cons
Trade Republic
Pros
- +Flat €1 per trade — one of the simplest, cheapest fee models in Europe
- +Free ETF savings-plan executions from €1
- +Pays interest on uninvested cash (linked to ECB rates)
- +Licensed German bank with €100,000 statutory deposit protection on cash
Cons
- −No individual UK ISA or UK availability — eurozone-focused
- −Deliberately minimal platform with limited research and tools
- −Interest rate on cash varies by country and can change with ECB policy
Scalable Capital
Pros
- +Free ETF savings-plan executions on every plan
- +Free trades on €250+ purchases of Prime ETFs (FREE Broker)
- +Optional PRIME+ flat rate (€4.99/mo) for €0 per-trade commission
- +No custody fee and no account fee on the FREE Broker
Cons
- −€0.99 per-trade fee on the FREE Broker for smaller/non-Prime trades
- −Xetra dealing costs €3.99 per trade on both plans
- −Eurozone-focused — no UK ISA or UK availability
Trade Republic
Best €1-flat neobroker for low-cost investing in the eurozone
Capital at risk. This is not financial advice. Investing involves risk of loss.
Frequently Asked Questions
Is Trade Republic or Scalable Capital cheaper?
Trade Republic charges Free to a linked bank account for withdrawals, while Scalable Capital charges Free to a linked bank account. Stock commission is €1 flat external-settlement fee per trade (stocks, ETFs, bonds, crypto) on Trade Republic and FREE Broker: €0.99 per trade (€0 on €250+ Prime ETF purchases). PRIME+ Broker (€4.99/mo): €0 per trade on €250+, else €0.99. Xetra trades €3.99 on both plans on Scalable Capital. Your real cost depends on how often you trade and withdraw.
Is Trade Republic safe?
Trade Republic is regulated by BaFin, Bundesbank. Regulation does not remove investment risk, but it means client funds are subject to oversight in those jurisdictions.
Which is better for beginners, Trade Republic or Scalable Capital?
Trade Republic is generally the more beginner-friendly option thanks to a simpler interface and lower barriers to entry.
Trade Republic
Best €1-flat neobroker for low-cost investing in the eurozone
Capital at risk. This is not financial advice. Investing involves risk of loss.