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Broker Profile

Trade Republic

An independent look at Trade Republic's fees, features, and who it tends to suit - not a recommendation.

Overview

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.

Fees

Stock commission€0 + €1 settlement fee (one-off orders)
ETF commission€0 + €1 settlement fee (€0 within savings plans)
FX feeCheck source
Custody fee€0
Inactivity fee€0
Minimum investment€1
Worth noting: The €1 settlement fee applies to individual, one-off orders. Orders placed as part of a recurring savings plan are not charged this fee.

Stocks & ETFs

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.

Fractional Shares

Trade Republic supports fractional shares, allowing investments starting from €1 - one of the lowest entry points among the brokers covered here.

Savings Plans

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.

Regulation

Trade Republic operates as a licensed bank, Trade Republic Bank GmbH, regulated by Germany's Federal Financial Supervisory Authority (BaFin).

Pros & Limitations

Strengths

  • €1 minimum for savings plans
  • No settlement fee within savings plans
  • Fractional shares supported
  • Regulated bank (BaFin, Germany)

Limitations

  • €1 settlement fee on one-off (non-savings-plan) orders
  • FX fee not clearly published - verify before trading in foreign currencies
  • Narrower product range than multi-asset brokers like IBKR

Who It May Suit

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.

Frequently Asked Questions

How much does Trade Republic charge per trade?
€0 commission plus a €1 external settlement fee on one-off orders. This fee is waived within savings plans.

Does Trade Republic offer fractional shares?
Yes, with savings plans starting from €1.

Is Trade Republic regulated?
Yes, as a licensed bank regulated by Germany's BaFin.

Official source: Trade Republic Support - fees and pricing
Last verified: August 11, 2026. Fees and features can change - always confirm current terms on Trade Republic's official site before opening an account.

Compare with other brokers

Important: SteadFolio does not provide investment advice and does not recommend or endorse any broker. This page is provided for informational and educational purposes only. Fees, features and availability may change. Always verify current information directly with Trade Republic.

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