Trade Republic charges a flat €1 per order for stocks, ETFs, and derivatives. Savings plans (Sparplan) are completely free — no transaction fee on any recurring investment regardless of amount or frequency.

Yes. Trade Republic routes all orders through LS Exchange (Lang & Schwarz), not a primary exchange like Xetra. LS Exchange spreads are typically wider — around 0.05–0.15% for major ETFs — adding an implicit cost on top of the €1 fee. The difference is more pronounced outside core European trading hours and for less liquid instruments.

Yes. Savings plans (Sparplan) on Trade Republic carry no transaction fee at all. You can set up automated recurring investments in stocks, ETFs, and crypto from as little as €1 per execution. This is one of the main reasons Trade Republic is popular for passive index investors in Europe.

Yes, for standard stock and ETF trades. Trade Republic supports market, limit, and stop orders for regular whole-share securities. However, there are restrictions by asset type: crypto trades are market-only with no limit or stop order available, and fractional trades are executed via LS Exchange where Trade Republic acts as counterparty — making them market-style without price control. For whole-share ETF and stock orders, limit orders are a useful tool, especially for large orders or less liquid instruments during off-hours.

No. Trade Republic’s PFOF model, where all orders routed through LS Exchange (Lang and Schwarz) as sole market maker, ended on 30 June 2026 under the EU-wide PFOF ban. Since 1 July 2026, orders execute on Trade Republic’s own BaFin-authorised infrastructure under two models: Best Price (€1, the default), where Trade Republic itself is the counterparty and fills at the best available price from an aggregated order book across relevant liquid exchanges, and Direct Price (€2), where you select the venue directly from 30 exchanges including Xetra, Euronext, NYSE, and Nasdaq. The model is only weeks old, so independent execution-quality data is not yet available.

Yes. Trade Republic pays interest on uninvested cash, but the rate is no longer uniform across the EU. As of July 2026, German accounts receive 2.25% p.a., up from 2%. Most other EU countries sit around 3% p.a., with Spain and Luxembourg showing 3%+ on official pages. Rates are ECB-linked and variable, so they can move again. Balance caps also vary: some markets apply a limit (Germany has historically capped at €50,000) while others such as the Netherlands have moved to uncapped balances. Activation requirements and protection structure (partner bank deposits vs liquidity fund allocations) also differ by country. Always check the local Trade Republic interest page before relying on a specific rate. Cash held in liquidity funds is not covered by deposit guarantee schemes, even though it is segregated.

Trade Republic accounts are euro-denominated. When you buy a non-euro asset, FX conversion is handled internally through LS Exchange and embedded in the spread — it does not appear as a separate line item on your order confirmation. The implicit FX cost is estimated at roughly 0.10–0.25%. Dividends received in non-euro currencies may also be converted, adding a further implicit cost. For most European investors buying EUR-denominated UCITS ETFs, broker-level FX is not a factor — the vast majority of popular index ETFs trade in euros on Trade Republic.

In-kind portfolio transfers to another broker cost approximately €25 per position. A simple 3-ETF portfolio costs around €75 to transfer out. A more diversified portfolio with 10+ positions can run €250 or more. Selling before transferring avoids this fee but triggers a taxable event in most EU countries. Verify the current fee on Trade Republic’s pricing page before planning a switch, and factor this cost into your long-term broker choice.

It depends on your country. German residents benefit from automatic withholding and German tax statements built into the platform. For most other EU investors, Trade Republic provides year-end transaction reports, but investors remain responsible for local tax declarations, dividend tax treatment, account reporting, and applicable wealth or transaction taxes. Belgian, Dutch, Italian, French, Spanish, and Portuguese investors should verify local obligations independently before treating Trade Republic as handling tax for them.

Saveback automatically invests 1% of eligible Trade Republic card spending into a savings plan of your choice. For investors who use the card for everyday purchases, this can partially or fully offset the €1 manual order fee depending on monthly spending volume. Saveback does not apply to all spending categories — check Trade Republic’s current local terms for eligible transactions and any applicable caps.

ATM withdrawals above €100 are free worldwide. Withdrawals below €100 incur a €1 fee per transaction. The physical Trade Republic card has a one-time issuance cost: €5 for the Classic card and €50 for the Mirror card. The virtual card is free and available immediately after account opening.