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TRADE REPUBLIC -

Score

2.51 /10
Danger

TRADE REPUBLIC

Germany

2-5 years

Regulated in Germany

Common Financial Service License

Global Business

Suspicious Overrun

Medium potential risk

https://traderepublic.com/en-de

Influence

AA

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index1.76

Business Index6.56

Risk Management Index0.00

Software Index4.00

License Index1.76

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-08
  • This broker exceeds the business scope regulated by Germany BaFin(license number: 10150368)BaFin Non-Forex Licence Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TRADE REPUBLIC · Company summary
TRADE REPUBLIC Review Summary
Founded2015
Registered Country/RegionGermany
RegulationBaFin (Exceeded)
Market InstrumentsStocks, ETFs, Bonds, Cryptos, Derivatives
Demo Account❌
Trading PlatformMobile App
Minimum Deposit€1
Customer SupportAPP online chat

TRADE REPUBLIC Information

Trade Republic, a BaFin-regulated neobroker based in Germany, was established in 2015. It provides an all-in-one platform for banking, investing, and saving. Users can trade bonds, cryptos, ETFs, stocks with cheap costs, earn interest on cash, and benefit from in-app help and tools. Its license status, though, is marked “Exceeded”, suggesting perhaps action outside the authorized range of its regulatory license.

TRADE REPUBLIC's homepage

Pros and Cons

ProsCons
Supports cryptos, ETFs, stocks, bonds, and derivatives tradingExceeded BaFin license
Low feesMobile-only platform (no desktop version)
Low minimum depositNo access to forex or commodities

Is TRADE REPUBLIC Legit?

Yes, Trade Republic Bank GmbH is a regulated financial institution. It has a Common Financial Service License from BaFin (Federal Financial Supervisory Authority) in Germany. Its present regulatory status, however, is “Exceeded”.

Exceeded BaFin license

What Can I Trade on Trade Republic?

Trade Republic provides a complete one-stop site for investing, saving, and spending. Users can trade futures, cryptocurrencies, bonds, ETFs, stocks, and equities, earn interest on cash, and access spending tools like Saveback rewards.

Tradable InstrumentsSupported
Stocks✔
ETFs✔
Bonds✔
Cryptos✔
Derivatives✔
Forex❌
Commodities❌
Indices❌
Options❌
What Can I Trade on Trade Republic?

Account Type

Trade Republic now offers one single unified account type: the current account, which combines banking, investment, and saving capabilities. Customers in Germany, France, Italy, and Austria automatically open it.

Account

TRADE REPUBLIC Fees

Especially for retail investors, Trade Republic's costs are quite modest in comparison to industry norms. With just tiny withdrawal and trade resolution costs, most fundamental services—including trades, savings programs, and dividends—are free.

ServiceFee
Monthly Card Fee❌
Worldwide ATM Withdrawals❌
Single Trade Order Commission❌
Savings Plan Execution (stocks, ETFs, crypto)❌
Dividends or Corporate Actions❌
Trade Settlement Fee (per trade)€1.00
Registration for Annual Meeting€10.00
TRADE REPUBLIC Fees

Trading Platform

Trade Republic offers a mobile-first trading platform with integrated support. Users can access instant answers, multilingual live chat, and helpful articles directly within the app—making it easy to manage investments and get help when needed.

Deposit and Withdrawal

Trade Republic offers a seamless deposit and withdrawal experience through its integrated current account. Users can send and receive money easily, earn 2.25% interest on cash, and withdraw funds worldwide for free (100 € minimum). Spending also rewards users via 1% Saveback, and deposits start from just €1 for investments.

Deposit and Withdrawal

User Reviews

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User comment

4

Comments

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Susuan
more than one year
Hey there, fellow TRADE REPUBLIC forex traders! Just a heads up: it's crucial for all of us to exercise extreme caution and stay vigilant with our trades, especially when it comes to closing them out. Last week, I went long on NZD/JPY with a stop-loss set at 89.200 and an entry price of 89.472. However, the trade was terminated as the price hit within 89.571. Nonetheless, even if the price surpasses the stop-loss, it's totally legit to file a claim with customer support, and termination can still happen. So, let's keep our eyes peeled and trade wisely!
Hey there, fellow TRADE REPUBLIC forex traders! Just a heads up: it's crucial for all of us to exercise extreme caution and stay vigilant with our trades, especially when it comes to closing them out. Last week, I went long on NZD/JPY with a stop-loss set at 89.200 and an entry price of 89.472. However, the trade was terminated as the price hit within 89.571. Nonetheless, even if the price surpasses the stop-loss, it's totally legit to file a claim with customer support, and termination can still happen. So, let's keep our eyes peeled and trade wisely!
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2024-03-25 00:46
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Matthew Jil
more than one year
This whole 4% monthly rebate promise? Yeah, no dice there. I gave it time, you know? Gave them the benefit of the doubt, and all that. And if that wasn't bad enough, guess what really grinds my gears? Transfers. Seems like every time I'm moving funds, there's hitch after hitch.
This whole 4% monthly rebate promise? Yeah, no dice there. I gave it time, you know? Gave them the benefit of the doubt, and all that. And if that wasn't bad enough, guess what really grinds my gears? Transfers. Seems like every time I'm moving funds, there's hitch after hitch.
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2024-02-01 10:22
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