An independent look at Trade Republic's fees, features, and who it tends to suit - not a recommendation.
Trade Republic is a German mobile-first broker and bank, built around commission-free trading and automated savings plans. It's one of the most widely used apps for savings-plan investing in Europe, especially among investors who prefer investing small, fixed amounts on a regular schedule.
| Stock commission | €0 + €1 settlement fee (one-off orders) |
|---|---|
| ETF commission | €0 + €1 settlement fee (€0 within savings plans) |
| FX fee | Check source |
| Custody fee | €0 |
| Inactivity fee | €0 |
| Minimum investment | €1 |
Trade Republic offers commission-free access to stocks and ETFs, with the only standard cost being the €1 settlement fee on manual, one-off orders. For investors who mostly buy through recurring savings plans, this fee rarely applies.
Trade Republic supports fractional shares, allowing investments starting from €1 - one of the lowest entry points among the brokers covered here.
Savings plans are core to how Trade Republic is designed to be used - you can automate regular investments into stocks or ETFs from €1, with no settlement fee on those scheduled orders.
Say you want to put €50 a month into a broad ETF. Through a savings plan, Trade Republic charges no settlement fee on each scheduled purchase (as of our last check). Placing the same €50 as a manual one-off order each month would cost €1 each time: 2% of every purchase, or €12 a year. For small, regular amounts, how you buy matters as much as where.
Before relying on this, check that the specific ETF you want is offered as a savings plan, and how often plans can run. New to regular investing? Read What Is Dollar-Cost Averaging?
Trade Republic's FX cost was not clearly published in the official sources we checked. For many EU investors this matters less than it sounds: a UCITS ETF bought in euros on a European exchange needs no currency conversion at the broker, even if the fund itself holds US or global companies. The fund's value still moves with exchange rates. FX costs matter more if you buy shares that trade in another currency, so check Trade Republic's current price list before you do.
Our comparison data (verified August 11, 2026) lists Trade Republic as available in Greece and other EU countries. Availability, supported products and tax reporting differ by country and can change, so confirm your country is supported on Trade Republic's site before applying.
Trade Republic operates as a licensed bank, Trade Republic Bank GmbH, regulated by Germany's Federal Financial Supervisory Authority (BaFin).
Two different EU safety nets apply to two different things. Cash held as a deposit at an EU bank is covered by a deposit guarantee scheme up to €100,000 per depositor per bank (Directive 2014/49/EU). Securities such as ETFs are held for you and kept separate from the firm's own assets. Investor compensation schemes (Directive 97/9/EC, minimum €20,000) cover certain cases where a firm fails and can't return client assets. Neither protects you from investments falling in value. Check Trade Republic's own terms for where uninvested cash is actually held.
Trade Republic tends to suit investors focused on automated, recurring savings plans into stocks and ETFs, particularly those who want to start with very small monthly amounts and prefer a simple, mobile-first experience.
Trade Republic isn't the only option for regular ETF investing. Depending on how you invest, these profiles may be worth comparing:
€0 commission plus a €1 external settlement fee on one-off stock and ETF orders. The fee is waived for orders placed within a savings plan.
Savings plans are central to how Trade Republic works: you can invest from €1 per execution, with no settlement fee on scheduled orders as of our last check. Whether it suits you depends on whether the ETFs you want are offered as savings plans and on your country.
Yes, Trade Republic supports fractional shares, and savings plans can start from €1.
Its FX cost was not clearly published in the official sources we checked. Buying euro-traded UCITS ETFs avoids a conversion at the broker; for anything traded in another currency, check Trade Republic's current price list.
Yes. Trade Republic operates as a licensed bank, Trade Republic Bank GmbH, regulated by Germany's BaFin.
New to choosing a broker? Start with how to choose a brokerage account.
Opening the account is the easy part
Most beginner mistakes happen after the account is open: picking a fund you don't understand, or stopping a plan when markets fall. In SteadFolio you can compare ETFs in plain language with the ETF Evaluator and practice with Paper Trading before real money is involved. Both are in the free plan, and Sofia, the AI coach, never tells you what to buy.
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