Source-backed analysis7
Review basis
Research-based review: the AppDuo Editorial Team compiled it from official pages, documentation, app stores, press and user feedback, without hands-on testing. Every claim links to a source with the date it was checked.
7 reference sourcesInformation updated Nov 10, 2026
How we review
Trade Republic Review
European neobank and broker: invest from 1 €, fee-free savings plans, interest on cash
By AppDuo Editorial Team · Updated
- iOS
- Android
- Web
On this page
Decide at a glance
Our verdict
Trade Republic suits people living in one of the 18 European countries it serves who want low-cost, regular investing in ETFs or stocks plus a card and interest on cash. The trade-offs are recurring complaints about customer service, portfolio transfers and some operational incidents, and it is not aimed at people outside that region.
Best for: Europe-based people who want regular investing of small amounts into ETFs or stocks
Skip it if: People living outside the 18 European countries it serves
Pros
- No commission on orders, no execution fee on savings plans, investing from 1 €
- Card with no monthly fee; 1% Saveback on card spending (up to 1,500 € a month) if you invest at least 50 € a month
- 2.5% interest advertised on cash balances, paid monthly
Cons
- A 1.00 € settlement fee per trade, so small one-off orders are not entirely free
- Only 4.0/5 on Google Play, with reviews complaining about support and securities transfers
All pros and cons · Who is it for?
Pros
- High ratings on the App Store (4.6/5) and Trustpilot (4.7/5)
- 24/7 chat and phone support with staff, according to the company (still being rolled out to all customers)
Cons
- Faced a consumer-group lawsuit and criticism over advertising, slow portfolio transfers and wrongly withheld tax in Germany
- Services and interest terms vary by country
Best for
- Those who want a cash account, card and investing in one app
Skip it if
- Those who need a wide range of account types or dependable, fast help when something goes wrong
Problems it solves
Experience & key features
What it is
Trade Republic is a Berlin-based bank and broker, founded in 2015, which opened securities trading to all users in Germany in May 2019. It received a full banking licence from the European Central Bank in December 2023. The company says it has over 10 million customers across 18 European countries and more than 150 billion euros in customer assets.
Key features
In the app, users buy stocks, ETFs, crypto and Private Markets from 1 €, set up savings plans, pay by card and earn interest on cash. The Google Play listing describes 1% Saveback on eligible card spending, up to 1,500 € of monthly spending, provided you invest at least 50 € a month in savings plans. The site also promotes the Altersvorsorgedepot, a retirement account with state subsidies of up to 540 € a year, which mainly concerns people in Germany.
Pricing and value
The German pricing page lists commission-free orders, a card without a monthly fee and savings plans without execution fees, but each trade carries a 1.00 € settlement fee. The 2.5% interest is the rate promoted on the homepage; it varies by country and can change, so check the app. Costs are low overall, though people placing many small one-off orders should factor in the 1.00 € fee.
More analysis
Points to weigh
According to Wikipedia, the company restricted purchases of some meme stocks in 2021 and more than 4,000 complaints reached BaFin. In February 2025 the Verbraucherzentrale Baden-Württemberg said it had sued over allegedly misleading advertising on interest and the scope of deposit protection. Late 2025 brought reports of slow portfolio transfers and wrongly withheld tax. Securities held in custody are not covered by deposit insurance, and investing always carries a risk of capital loss.
Screenshots
Plans & pricing
Prices last verified Nov 10, 2026
Trade Republic
PersonalFree
Per the official pricing page (German edition): monthly card fee 0 €, free worldwide ATM withdrawals (1.00 € fee on withdrawals under 100 €), no commission on single trade orders, and no execution fee on savings plans for stocks, ETFs or crypto. Each trade carries a 1.00 € settlement fee (2.00 € if an exchange with Direct Price is selected). The page states that other product fees, spreads and third-party costs may apply; the full list is in the app.
- Free plan limits
- There is no separate paid tier. Investing can start from 1 € in stocks, ETFs, crypto and Private Markets. Not every service is available in every country.
- Free trial
- No free trial
Cancellation & refunds
There is no subscription, so no software-style refund policy. The company warns that investment values can rise or fall and you may not get back the full amount invested; crypto is highly volatile and carries a risk of total loss.
Privacy
The Trade Republic privacy policy page could not be opened during this research, so this section relies only on the developer-declared Data safety section on Google Play. It says the app may collect location, personal info and other data types, may share location, app info and performance data and device IDs with third parties, encrypts data in transit, and lets users request deletion. As a licensed bank it must verify customer identity, so identity documents are sensitive data to weigh. Read the full policy before signing up.
Trade Republic alternatives
Frequently asked questions
Does Trade Republic charge fees?
The German pricing page lists a 0 € monthly card fee, commission-free orders and savings plans with no execution fee. Each trade carries a 1.00 € settlement fee (2.00 € on Direct Price exchanges), and spreads and third-party costs may apply.
Which countries does Trade Republic serve?
The company says it has customers in 18 European countries without listing them on the homepage. Wikipedia lists Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Spain, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Slovakia and Slovenia. Services may differ by country.
Is my money protected?
The pricing page states Trade Republic is assigned to the Entschädigungseinrichtung deutscher Banken GmbH, the German banks' compensation scheme. According to Wikipedia, money in money market funds is not covered by statutory deposit insurance, unlike cash deposits at partner banks. Check the in-app protection section for current terms.
Is customer support available?
The official support page says live chat and phone are available 24/7 with real people, directly in the app. The same page says the service is being rolled out to everyone over the coming weeks. Some user reviews complain about support quality.
Review evidence & sources7
Scores
- Ease of use
- 8.2
- Features
- 7.8
- Value for money
- 8.6
- Performance
- 7.0
- Support
- 6.5
- Privacy & security
- 6.5
Why this score
App Store 4.6/5 (over 443,000 ratings) and Trustpilot 4.7/5 (over 78,000 reviews); many reviewers praise quick sign-up and an easy app. Google Play is lower at 4.0/5 and the company runs a paid Trustpilot profile, so the score is not set higher.
Why this score
Stocks, ETFs, crypto, Private Markets, savings plans, card, Round-up, Saveback and a child savings account per the official pages. Product range is narrower than large brokers and varies by country.
Why this score
No monthly card fee, no commission and fee-free savings plan execution; the main cost is a 1.00 € settlement fee per trade plus possible spreads.
Why this score
Wikipedia records disruption during heavy market moves (January 2021, April 2025), delayed dividends tied to a system migration, and wrongly withheld tax in 2025.
Why this score
The company says it offers 24/7 chat and phone with real people (still rolling out), yet Google Play reviews and German press coverage record service complaints; the Verbraucherzentrale counted 350 complaints by 31 October 2025.
Why this score
Google Play declares encryption in transit and deletion requests, but also sharing of location and device IDs with third parties. The full policy could not be read, so the score is kept in line with finance apps that declare similar sharing.
What users say
- App Store (Germany)4.6/5 · 443,501
- Google Play4.0/5 · 326,000
- Trustpilot4.7/5 · 78,046
Sources
- Vendor-providedOfficial pricing scheme and homepage (Germany, EN)Nov 11, 2026
- Vendor-providedOfficial customer service pageNov 11, 2026
- storeGoogle Play listingNov 11, 2026
- storeApp Store listing (Germany)Nov 11, 2026
- review-siteTrustpilot reviewsNov 11, 2026
- Community-reportedWikipedia: Trade RepublicNov 10, 2026
- pressTech.eu (2025-12-17)Nov 10, 2026
Specs & compatibility
- Developer
- Trade Republic Bank GmbH
- Headquarters
- Germany
- Launched
- 2019
- Category
- Finance
Capabilities
- Mobile app
Platforms
- iOS
- Android
- Web
Interface languages
- English
- German
- French
- Spanish
- Portuguese
Support
- Live chat
- Phone
- Help center
Change history
- Company.A 1.2 billion euro secondary share sale values the company at 12.5 billion euros; proceeds go to existing shareholders, not new capital for the company.
- Company.Receives a full banking licence from the European Central Bank.
- Feature.Begins paying interest on uninvested cash.
Full change history (5)
- Company.Raises $900 million at a $5 billion valuation.
- Launch.Securities trading via the app opens to all users in Germany, after a closed user group from February 2019.
About the author
Reviews & comments
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