Trade Republic vs Up Bank.
Trade Republic (T81/100) and Up Bank (U55/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Trade Republic leads Up Bank 6-2.
| T Trade Republic №05 · BaFin 81 /100 | U Up Bank №60 · PRA 55 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 81 /100 | 55 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank BaFin | Payment inst. PRA |
| Deposit guarantee Per depositor | €100,000 EU.DGS.DE | Safeguarded AU.FCS |
| Reach | ||
| Markets served Licensed jurisdictions | 17 countries | 1 country |
| Crypto Coins available | 50 coins | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 3.3 ★ 28k reviews | 4.0 ★ 2k reviews |
| App store iOS + Android avg | 4.4 ★ iOS 4.8 · And 4.1 | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Trade Republic if…
Pick if you want the cheapest brokerage in Europe (€1/trade) and the highest interest on idle cash. Not a primary current account.
Pick Up Bank if…
Australian neobank built on top of Bendigo and Adelaide Bank's APRA-regulated charter — direct FCS AUD 250,000 cover via the parent. Strongest Australian neobank UX for under-35 consumers; budgeting and pay-day forecasting are best-in-class. No FX markup makes it travel-friendly.
- Best for fees Tied
- Best for protection Trade Republic won 2 of 2
- Best for reach Trade Republic won 3 of 3
- Best for ux Up Bank won 2 of 2
Trade Republic vs Up Bank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Trade Republic better than Up Bank?
Under our v3 methodology, Trade Republic leads Up Bank 6–2 across 12 dimensions. Composite scores: Trade Republic 81/100 vs Up Bank 55/100. Trade Republic is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Trade Republic or Up Bank cheaper?
Monthly fee — Trade Republic: €0; Up Bank: €0. Card FX markup — Trade Republic: Interbank; Up Bank: Interbank. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Trade Republic or Up Bank?
Trade Republic holds a Full bank licence under BaFin; deposit guarantee per depositor: €100,000. Up Bank holds a Payment inst. licence under PRA; deposit guarantee per depositor: Safeguarded. Trade Republic is the stronger pick on regulatory protection.
Where can I use Trade Republic and Up Bank?
Trade Republic operates in 17 countries; Up Bank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.