Terms and Conditions
Name and address of the person responsible
We, the Trade Republic Bank GmbH, are to be designated as the person responsible within the meaning of the General Data Protection Regulation (GDPR) and the Federal Data Protection Act (BDSG) as well as other data protection regulations for our website and the associated data processing. Comprehensive information about our company can be found in the imprint.
Trade Republic Bank GmbH
Ernst-Schneider-Platz 1
D-40212 Düsseldorf
Email: service@traderepublic.com
Name and address of the person responsible
We have appointed a data protection officer. You can reach him via the following contact details:
Trade Republic Bank GmbH
Data Protection
Ernst-Schneider-Platz 1 / D-40212 Düsseldorf
Email: service@traderepublic.com
Provision of the website and log files
Description and scope of data processing
Each time our website is accessed, our system, ie the web server, automatically collects information from the system of the calling computer or end device of the user.
We collect the following data:
Information about the browser type and the version used
The operating system of the user's device
The user's internet service provider
The user's IP address
Date and time of access
The previous website from which the user came to our website
Legal basis for data processing
The legal basis for the temporary storage of this data and the log files is Art. 6 Para. 1 lit. f) GDPR, because we have a legitimate interest as the responsible website operator.
Purpose of data processing
The temporary storage of the user's IP address by our web server is necessary to enable the website to be made available to the user's computer; technically, there is no other way. For this, the user's IP address must inevitably remain stored for the duration of the session.
The above-mentioned data is stored in the log files to ensure the functionality of our website. This is the only way we can really guarantee the security of our information technology systems (e.g. to detect attacks). We are also constantly optimizing the website to make it appealing. An evaluation of this data for marketing purposes does not take place in this context
FAQ
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 Germany with tax liability in Germany. You have a European cell phone number and a SEPA bank account.
As a rule, deposits are credited to your clearing account within one to two banking days. The duration depends on the processes of the bank to which you have given the transfer order.
Over the past four years, we have built a powerful digital bank 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, there is one euro of external fees to cover clearing and settlement.
All deposits in the clearing account are legally protected up to €100,000 per investor. They are held in a trust collective account with Solarisbank AG from Berlin. This is subject to supervision by the Federal Bank of Germany and the BaFin (Federal Financial Supervisory Authority).
The securities in your custody account are not covered by the deposit protection scheme, but are your property. They are stored by our custodian bank HSBC Germany in the appropriate depositories in Germany and abroad. Therefore, the securities belong to you in any case.
Your orders are processed in cooperation with HSBC Transaction Services, the largest securities processor in Germany by number of transactions. We take care of the settlement of your taxes from securities transactions and issue an annual tax certificate for you. You can participate in corporate actions and general meetings and receive dividends. Your securities are not lent out.
Yes, we are a German securities trading bank. We are supervised by the Federal Bank of Germany and BaFin (Federal Financial Supervisory Authority) and offer you the usual reliability and security of a German bank.