What is Trade Republic? Trade Republic Review, Features

Trade Republic is a German internet brokerage that allows users to close their positions and transfer their trades to an alternative platform.

About Trade Republic

• Trade Republic was founded by Christina Hecker and Thomas Pischke in 2015 and is headquartered in Berlin, Germany. It is a German-based securities firm that only provides users with online trading and focuses on extremely low transaction fees.

• Trade Republic automates all operations that general securities firms must perform manually. Therefore, users can conduct manual transactions through the Trade Republic platform with a very low handling fee of only 1 euro per transaction. If you set a fixed amount of ETFs, it is completely free. In addition, Trade Republic provides a simple and clear design interface, which greatly reduces the entry threshold for novice investors. The operation steps of Trade Republic are:

• Users only need to install the Trade Republic application, enter their own mobile phone number, and enter the mobile phone verification code on the Trade Republic page. After passing the verification, follow the operating steps of the Trade Republic software, enter the personal information required for the transaction in sequence, and then they can start trading.

Features of Trade Republic

1. One application contains all assets

Covers several global stocks, ETFs, free savings plans, cryptocurrencies and advanced derivatives.

2. No order fees

There is no order fee for any transaction, and a settlement fee of one euro is charged for each transaction.

3. Security

Trade Republic is a financial institution regulated by Germany’s BaFin and your account is protected up to €100,000.