Trade Republic
Rating: 1.5 / 5Trade Republic is a German investment broker, catering only to German residents with Germany as their primary tax residence. This appears to be a step backwards, as Trade Republic used to offer services in Austria, Belgium, France, Italy, and Spain. The founders initially planned for an online game, allowing gamers to trade virtual funds, but opted for a Robinhood clone in Germany. I have reviewed the limited data the broker offers to evaluate how well it caters to its core market and whether Trade Republic is worth consideration if you are a German investor.
Trade Republic is a German investment broker, catering only to German residents with Germany as their primary tax residence. This appears to be a step backwards, as Trade Republic used to offer services in Austria, Belgium, France, Italy, and Spain. The founders initially planned for an online game, allowing gamers to trade virtual funds, but opted for a Robinhood clone in Germany. I have reviewed the limited data the broker offers to evaluate how well it caters to its core market and whether Trade Republic is worth consideration if you are a German investor.
Broker Details
- Established
- 2015
- Min Deposit
- $0
- Execution
- ECN/STP
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- Not applicable
- Min Standard Spreads
- Not applicable
- Min Forex Commission
- Not applicable
Accounts & Funding
- Funding Methods
- 4
- Deposit Fees
- Yes
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- EUR/USD
- Not applicable
- GBP/USD
- Not applicable
- Gold
- Not applicable
- Bitcoin
- Undisclosed
- WTI Crude
- Not applicable
- Inactivity Fee
- false
Platform & Features
- Trading Platforms
- Proprietary platform
Pros
- Physical cryptocurrency investing is available.
- Low transaction fees
- User-friendly mobile app for long-term investors
- Well-regulated FinTech company in Germany
Cons
- Only available to German residents
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