What Trade Republic is, in 2026

Trade Republic is a fully licensed German credit institution (BaFin, Bundesbank) operating as a combined current-account / brokerage. The 2023 licence upgrade was material: cash balances are now true bank deposits, not broker-held funds.

Feature set: 8,000+ stocks, 3,000+ ETFs, savings plans from €1/mo, €1 (Trade Republic, ) per trade, ECB-linked interest on euro cash currently at 2% (Trade Republic, ), and a debit card on a €0 (Trade Republic, ) standard plan. There is no business product and no real FX offering — the company has not tried to be Revolut.

Scale matters here: the platform now serves 10,000,000 count (BusinessWire / Trade Republic, ) customers across the EU and reports €100,000,000,000 (BusinessWire / Trade Republic, ) in assets under management — large enough that the ECB-linked savings rate isn't a teaser-style promotion.

Safety and regulation

Full German banking licence, BaFin supervised (BaFin, ). Euro cash deposits are covered by the German EdB DGS — €100,000 (edb-banken.de, ) per depositor, same as N26 or any other BaFin-licensed bank. Securities held in your brokerage account are covered by a separate investor-compensation scheme (€20,000 cap) and sit in segregated custody regardless.

The important distinction: cash = insured at €100k; stocks = segregated + €20k compensation for fraud-at-custody failure. Both are robust; they just differ in kind.

Hands-on UX

The app is narrower and more focused than Revolut or N26 — on purpose. Buying a stock is 3 taps. The savings-plan builder is the best in the category. The card product is spartan but works.

What it lacks: depth of sub-accounts, multi-currency features, crypto (there is a small offering but it's not the primary story), travel features. Trade Republic has deliberately not chased the "financial super-app" roadmap.

Who Trade Republic is for

Choose Trade Republic if: you want the highest DGS-protected EUR savings rate, you invest regularly (buy-and-hold ETFs or stocks), and you want a single app for broker + bank without paying brokerage fees.

Look elsewhere if: you want travel/FX features (Revolut or Wise), you want crypto depth (Revolut), or you want a business account (Qonto, N26 Business).

How it stacks up.

Revolut 91
Bank of Lithuania
The most feature-rich neobank globally — combining banking, investing (stocks, crypto, commodities), and travel perks in a single app, with the widest currency support (120+) and 65M+ customers
bunq 87
DNB
Europe's second-largest neobank by deposits (€8B+) with the most granular IBAN-per-sub-account architecture; first new fully licensed bank in the Netherlands in 38 years; strong sustainability angle
N26 85
BaFin
Full German banking license (BaFin) combined with a sleek mobile-only experience; one of the first fully licensed EU neobanks with €100,000 German deposit protection

Or compare side-by-side

Trade Republic vs Revolut → Trade Republic vs bunq → Trade Republic vs N26 →

Trade Republic in the news.

15 Sept 2025 company
Trade Republic Expands into Wealth Management with Private Markets Access via Apollo and EQT
Trade Republic announced a strategic expansion from brokerage into wealth management, partnering with private equity giants Apollo and EQT to offer retail investors access to private market investments from €1. By November 2025 the platform had grown to 10 million users managing €150 billion in assets.
 08 Jan 2025 company
Trade Republic Doubles to 8 Million Users and €100 Billion AUM, Opens Branches in France, Spain and Italy
Trade Republic doubled its customer base to 8 million users in one year, with assets under management surpassing €100 billion — making it Europe's largest retail broker. The company opened national branches in France, Spain, and Italy, enabling country-specific services including automated local tax reporting.
Risk warning EU consumer-finance disclosure

The value of investments and the income from them can go down as well as up. Past performance is no guarantee of future results. Since 30 December 2024, EU crypto-asset service providers (CASPs) require authorisation under MiCAR (Regulation (EU) 2023/1114); however, cryptoassets themselves remain outside the scope of deposit-guarantee schemes. Always read the provider's risk warning before investing.