Trade Republic Review 2026
Trade Republic is a German neobroker and licensed bank that has become one of Europe's most popular ways to invest. Its model is refreshingly simple: a flat €1 fee per trade on stocks, ETFs, bonds and crypto, and completely free ETF savings-plan executions from as little as €1. On top of that it pays interest on uninvested cash and runs a Saveback card scheme. It is available across most of the eurozone.
Reviewed by Yaniv Barshaf · Fees verified June 2026 · Our methodology
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Best overall: Trade Republic
Trade Republic is one of the best-value neobrokers in the eurozone — a flat €1 per trade, free ETF savings plans and interest on cash, all in a simple app. Just note it is not available in the UK and keeps research light.
Get started with Trade RepublicCapital at risk. This is not financial advice. Investing involves risk of loss.
Fees
- stock Commission: €1 flat external-settlement fee per trade (stocks, ETFs, bonds, crypto)
- withdrawal: Free to a linked bank account
- inactivity: None
- conversion: Euro-based accounts; a currency-conversion cost applies on non-euro instruments where relevant
- spread: Free ETF savings-plan executions (from €1); market spreads apply, plus a small spread surcharge on crypto
Who Trade Republic is best for
Trade Republic suits cost-focused eurozone investors who want dead-simple pricing and, above all, anyone building wealth through regular ETF savings plans — those executions are free. It also appeals to savers who want interest on idle cash inside the same app. It is a weaker fit for UK investors (it is not available in the UK and has no ISA), and for those who want deep research, a wide choice of order types, or a desktop-grade platform.
Trade Republic fees in plain English
Every buy or sell of a stock, ETF, bond or crypto costs a flat €1 external-settlement fee — and if an order fills in several parts on the same day, you still pay just €1. ETF savings-plan executions are free, which makes drip-feeding a portfolio genuinely cost-free. There is no account fee, no withdrawal fee and no inactivity fee. Trade Republic also pays interest on uninvested cash, linked to ECB rates, though the exact rate varies by country and moves with monetary policy, so treat any headline figure as a snapshot rather than a promise.
Safety and regulation
Trade Republic is a fully licensed German bank supervised by BaFin and the Bundesbank, and has operated since 2015. Uninvested cash is a bank deposit protected up to €100,000 under the German statutory scheme; your securities are held in custody. As always, protection covers firm failure, not market losses — capital at risk.
How Trade Republic compares on cost
Against Scalable Capital, the two are close: Trade Republic's flat €1 undercuts Scalable's €0.99-per-trade FREE Broker only marginally, but Scalable's PRIME+ flat rate can be cheaper for very active traders. Against DEGIRO, Trade Republic is simpler but DEGIRO's Core Selection ETFs can be cheaper still. For free savings plans and one-tap simplicity, Trade Republic is hard to beat. Our fee calculator shows the annual cost for your own pattern.
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
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.
Trade Republicfees & safety, in depth
Compare Trade Republic head-to-head
Trade Republic vs alternatives
| Feature | Trade Republic | eToro | XTB |
|---|---|---|---|
| Rating | 4.4 / 5 | 4.5 / 5 | 4.5 / 5 |
| Stock commission | €1 flat external-settlement fee per trade (stocks, ETFs, bonds, crypto) | $1–$2 per stock trade (varies by country/exchange); ETFs 0% | 0% up to €100k monthly turnover, then 0.2% (min €10) |
| Withdrawal fee | Free to a linked bank account | $5 per withdrawal on USD accounts ($30 min); free on GBP/EUR accounts | Free above €100 (some entities charge €10 below €100) |
| Inactivity fee | None | None (eToro removed the inactivity fee in 2026) | €10/month after 1 year inactive with no deposit in 90 days |
| Min deposit | $0 | $50 | $0 |
| Fractional shares | Yes | Yes | Yes |
| Demo account | No | Yes | Yes |
| Regulators | BaFin, Bundesbank | FCA, CySEC, ASIC | FCA, CySEC, KNF |
Frequently Asked Questions
Is Trade Republic safe and legit?
Trade Republic is regulated by BaFin, Bundesbank and has operated since 2015. All investing carries risk of loss.
What are Trade Republic's fees?
Stock commission: €1 flat external-settlement fee per trade (stocks, ETFs, bonds, crypto). Withdrawal: Free to a linked bank account. Inactivity: None.
What is the minimum deposit for Trade Republic?
The minimum deposit is $0.
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.