To open a Trade Republic account, you must meet the following criteria: You own a smartphone with an iOS or Android operating system. You are at least 18 years old and have your permanent residence in Estonia with tax liability there. You have a European cell phone number and a SEPA bank account.

Over the past five years, we have built a powerful digital financial institution with modern technology. Like many other brokers, we receive rebates from trading partners. As a result, we can free you from high order commissions through our efficient structures. When placing an order, savings plans are free of brokerage fees and there is one euro for single trades plus third party costs and spreads, but no order commission.

All Trade Republic cards are subscription free. You have the choice between a virtual card (free), classic card (5 € one-time payment) and mirror card (50 € one-time payment). Trade Republic doesn’t charge fees for transactions or any ATM withdrawals above 100 €. For non-euro transactions, no additional bank fees are charged.

As a Trade Republic customer you can earn 2.5 % interest on your cash balance up to 50.000 €. Interest is accrued daily and paid out monthly. You can withdraw your money anytime.

Trade Republic Bank is a full German bank. We are supervised by the BaFin (Federal Financial Supervisory Authority) and offer you the usual reliability and security of a full German bank. The money you pay in is held in one of our omnibus trust accounts with banks that are also authorized to conduct deposit business. These are currently Deutsche Bank AG, J.P. Morgan SE, HSBC Continental Europe S.A and Citibank Europe plc. For higher balances your cash is further diversified in liquidity funds, as detailed below "How is my money protected"

With Trade Republic, you can invest, spend and bank. Invest with just 1 € in worldwide stocks & ETFs, corporate and government bonds and derivatives or make saving a habit by setting up a recurring Savings Plan. Earn 2.5 % p.a. on your cash. Get your subscription free card to spend and earn 1 % Saveback.

All funds in the cash account are legally protected up to €100,000 per investor. They are held in an omnibus trust account at one of our partner banks. These currently are Deutsche Bank, J.P. Morgan SE and Citibank Europe plc.

Deutsche Bank and J.P. Morgan SE are subject to supervision by the Deutsche Bundesbank and the BaFin (Federal Financial Supervisory Authority Germany). Citibank Europe plc is supervised by the Central Bank of Ireland.

The securities in your custody account are not covered by the deposit guarantee scheme, they are your property instead. They are held by Trade Republic Bank GmbH in the respective domestic and international depositories. Therefore, the securities are always yours.