Trade Republic
Pros
- EUR 1 flat settlement fee per trade with no further commissions
- ETF and stock savings plans are completely free
- No account, custody, withdrawal or inactivity fees
- Full EU banking licence with EUR 100,000 deposit protection
- Fractional shares from EUR 1
- Interest on uninvested cash credited monthly
- Clean, beginner-friendly mobile app
- Available in 18 European countries
Cons
- No demo account
- All orders execute via a single venue (Lang and Schwarz), limiting price competition
- Crypto trades carry approximately 1% spread on top of the EUR 1 fee
- No advanced charting or research tools
- Customer support is email-only with no phone or live chat
- Portfolio transfer-out costs EUR 25 per security line
- Not available outside Europe
- A conversion fee applies to non-EUR security trades