• You need access to specific exchanges across Europe and the US.
• You want options, bonds, or a broader asset universe beyond ETFs.
• Customer support quality and corporate transparency matter to you.
• You make larger, less frequent lump-sum purchases.

• Core Selection ETFs on Tradegate: €0 trade + €1 handling fee. First trade per ETF per month is free; further trades cost €1 each.
• All other ETFs/stocks: €2 + €1 handling fee = €3 total per trade.
• €2.50/year per non-Tradegate exchange connectivity fee still applies for other markets.
• FX conversion: 0.25% markup — transparent and published.
• No custody fee, no inactivity fee.

• No savings plan feature — all trades placed manually.
• Every monthly contribution requires a deliberate login and order.
• Trade fee applies each time unless on the Core Selection via Tradegate.
• No fractional shares — whole units only; residual cash sits uninvested.
• Higher behavioural risk — easier to skip contributions or react to market movements.

~2,700 UCITS ETFs covering the major index strategies: MSCI World, S&P 500, FTSE All-World, EM, small-cap, sector, factor, and sustainable ETFs. Also 7,500+ stocks, bonds, and derivatives. Since July 2026, Best Price orders fill from an aggregated order book, and Direct Price orders (€2) let you route to a specific venue among 30 exchanges including Xetra, Euronext, NYSE, and Nasdaq.

For the vast majority of retail ETF investors, the default Best Price range is sufficient. For anyone needing a specific ETF share class on a particular exchange, Direct Price now offers that control — at the cost of an extra €1 per trade.

Connects to 18+ exchanges including Euronext, XETRA, LSE, NASDAQ, NYSE, and Borsa Italiana. 5,000+ ETFs and ETPs. Also covers bonds, options, futures, and leveraged products (with appropriate investor profile). You can choose which exchange to route your order to.

Better if you need specific ETF share classes listed on particular exchanges, invest across multiple asset classes, or want granular execution control.

• No IBAN, no debit card, no banking features of any kind.
• Uninvested cash earns no interest.
• Fund via bank transfer; withdraw via bank transfer — that’s it.
• No fractional shares — purchases in whole units only.
• At typical ETF prices (e.g. €80/unit for a MSCI World ETF), a €250 monthly contribution leaves cash sitting uninvested each time.
• No joint, children’s, or business accounts available.

Until 30 June 2026, Trade Republic routed all orders to Lang & Schwarz Exchange under a payment-for-order-flow (PFOF) arrangement. The EU-wide PFOF ban ended that model. Since 1 July 2026, orders execute on Trade Republic’s own BaFin-authorised infrastructure: Best Price (€1, default) fills at the best price from an aggregated order book with Trade Republic as counterparty; Direct Price (€2) lets you route to a specific one of 30 exchanges, with free live order book data in the app.

Trade Republic is now the single counterparty on Best Price orders — the same single-counterparty consideration that used to apply to Lang & Schwarz now applies to Trade Republic itself. The model is only weeks old, so there’s no independent execution-quality data yet on how it compares to routing directly to an exchange.

• Channels: Email and in-app chat only. No phone line.
• Response times: Can vary significantly — often slow during high-volume periods.
• Languages: Support in multiple EU languages, but depth of help varies.
• Reputation: Frequently criticised across user forums (Reddit, Trustpilot) for slow, automated, or unhelpful responses on complex issues.
• For simple account issues and standard queries, the chatbot handles most things. For anything complex — a transfer, a tax document, a dispute — expect friction.

• Provides an annual tax report with capital gains, dividends, and transaction history.
• German investors benefit from automatic Abgeltungsteuer withholding where applicable.
• For investors in other countries (Italy, France, Netherlands, Spain etc.), you receive the report and must handle filing yourself.
• In some countries you must also declare your foreign broker account separately with local tax authorities.

• Annual overview of income, transactions, and dividends available for download.
• Dutch and German investors may benefit from some automatic withholding, but coverage varies by country.
• For most EU investors, you use the DEGIRO report as source data and file manually with your local tax authority.
• Reporting is generally clear and consistently formatted across years.

• Regulated by BaFin (Germany) as a licensed bank.
• Cash deposits protected up to €100,000 under the German deposit guarantee scheme.
• Securities held in segregated accounts — protected in the event of broker insolvency.
• Private company — financial statements are not publicly available. Less external scrutiny on its financials.
• Founded 2015. Backed by major VC investors including Sequoia. Over 8 million customers across 17 EU countries as of 2026.

• Investors who need access to specific exchanges for particular ETF share classes.
• Those who trade options, futures, bonds, or structured products.
• Investors who value corporate transparency and the accountability that comes with a publicly listed entity.
• Investors making larger, infrequent lump-sum purchases where fractional shares matter less.
• Anyone for whom customer support reliability is a key deciding factor.