Trade Republic Fees: What €1 per Trade Actually Covers
Trade Republic charges a flat €1 per trade on Best Price execution, and €2 per order for Direct Price routing to a chosen exchange such as Xetra or NYSE (introduced July 2026). ETF savings-plan executions are free from €1 (as of August 2026). There is no inactivity fee and withdrawals to a linked bank account are free.
Reviewed by Yaniv Barshaf, CPA · Fees verified August 2026 · Our methodology
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€1 Best Price versus €2 Direct Price
The two routes buy different things. Best Price execution costs €1 flat per trade and routes the order through Trade Republic's own execution venue. Direct Price routing, added in July 2026, costs €2 per order and lets you choose the exchange — Xetra, NYSE and others — which matters if you want a specific venue for liquidity, price transparency or reporting reasons. For most retail orders the €1 route is the sensible default; the €2 option is worth the extra when venue choice genuinely affects your fill. Both are flat fees rather than percentages, which makes Trade Republic dramatically cheaper on large orders than any percentage-based broker.
Free ETF savings plans are the real draw
Trade Republic executes ETF savings plans free from €1, and this is the feature that defines its cost profile for long-term investors. A monthly contribution into an ETF costs nothing to execute, so an investor drip-feeding into a portfolio pays no dealing fee at all — a structural advantage over any broker charging per trade, however cheap. Market spreads still apply, and there is a small spread surcharge on crypto. Combined with no inactivity fee and free withdrawals, the holding cost of a savings-plan portfolio at Trade Republic is close to zero, with cost concentrated in one-off discretionary trades instead.
How the flat fee compares
Flat-fee pricing changes the comparison depending on trade size. At €1, Trade Republic undercuts DEGIRO, which charges a €1 handling fee plus commission — €2 total on US exchanges, €3 on the Irish home market, €4.90 on London, Euronext, XETRA, Swiss and Nordic exchanges. Interactive Brokers charges percentage-based commission with minimums: 0.05% with a £3 minimum on UK shares, 0.05% with a €3 minimum on European shares, and from $0.005 per share with a $1 minimum on US shares. Against the zero-commission brokers — Trading 212, Freetrade, Robinhood and Webull — Trade Republic's €1 is a real cost, but those platforms recover their margin through wider FX fees or payment for order flow, so the comparison is rarely as one-sided as the headline suggests (as of August 2026).
The bottom line
Trade Republic's €1 flat fee is cheap on large orders and its free ETF savings plans make regular investing effectively costless. The €2 Direct Price option is worth it only when the execution venue matters to you.
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
How much does Trade Republic charge per trade?
€1 flat on Best Price execution, or €2 per order for Direct Price routing to a chosen exchange. ETF savings-plan executions are free from €1 (as of August 2026).
Are Trade Republic ETF savings plans really free?
Savings-plan executions are free from €1. Market spreads still apply, and there is a small spread surcharge on crypto (as of August 2026).
Does Trade Republic charge an inactivity fee?
No. Trade Republic charges no inactivity fee, and withdrawals to a linked bank account are free (as of August 2026).