Trade Republic
Trade Republic is a Berlin-based BaFin-supervised full German bank and Europe's largest retail savings platform, serving over 10 million customers across 18 European countries with €150 billion+ in assets via commission-free brokerage, banking, crypto, and wealth management products.
- Company typePrivate
- Founded2015
- HeadquartersBerlin, Germany
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Trade Republic does
Trade Republic is a Berlin-based full German bank (Trade Republic Bank GmbH) supervised by BaFin, founded in 2015 and operating across 18 European countries. The platform combines commission-free brokerage (stocks, ETFs, savings plans, crypto) with banking services (current account, debit card, savings products) and an expanding wealth management suite that includes private markets access through EQT and Apollo partnerships, bond ETFs, and direct IPO subscriptions for retail investors. Underlying infrastructure includes a BaFin-licensed multilateral trading facility via subsidiary Trade Republic Business III, BitGo Europe GmbH cold-wallet custody for crypto assets under MiCAR, and custody partnerships with Deutsche Bank, J.P. Morgan, HSBC, and Citibank.
The business model blends multiple monetization streams: a €1 per-trade settlement fee supplemented by execution partner rebates and spreads, deposit-spread income on customer cash held at partner banks, card interchange and 1% saveback mechanics, and emerging fee revenue from private markets and IPO allocations. Customer funds are protected up to €100,000 per depositor under European deposit guarantee schemes. Distribution is mobile-first and self-serve via iOS/Android apps and a web platform, supported by a Brad Pitt global brand ambassadorship, Impact Radius affiliate marketing, and 1,000+ human customer service agents across eight languages.
The company serves more than 10 million retail customers managing in excess of €150 billion in assets across Europe, positioning itself as Europe's largest savings platform. The customer base skews toward younger and first-time investors with €1 minimum entry points, recurring savings plans, a children's investment account, and full ECB-rate interest pass-through on deposits. Growth has been profitable for three consecutive years and culminated in a €12.5 billion valuation during a €1.2 billion December 2025 secondary round that did not require new primary capital.
Trade Republic firmographics
Firmographics- Name
- Trade Republic
- Legal name
- Trade Republic Bank GmbH
- Website
- https://traderepublic.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Trade Republic is a Berlin-based BaFin-supervised full German bank and Europe's largest retail savings platform, serving over 10 million customers across 18 European countries with €150 billion+ in assets via commission-free brokerage, banking, crypto, and wealth management products.
- Ownership category
- akta.pro rank
Trade Republic industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232), Commodity Contracts Intermediation (523160)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)
- akta.pro secondary industries
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO), Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)
Keywords
Where Trade Republic is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
Trade Republic business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Trading Transaction Fees: €1 per single trade plus third-party costs and spreads, but no order commission. Savings Plans are free of brokerage fees. Revenue derived from rebates from trading partners and efficient digital structures.
- Interest on Customer Deposits: Trade Republic passes on full ECB deposit rate (3.25% annually) to customers while earning margin through partner bank arrangements. Has distributed over €1 billion in interest to customers since January 2023.
- Card and Banking Services: 1% Saveback on card spending into Savings Plans. Virtual card free, classic card €5 one-time, mirror card €50 one-time. No monthly subscription fees. Revenue from interchange fees and partnerships.
- Private Markets Investment Access: Partnership with EQT and Apollo to offer private equity investments to retail customers starting from €1, enabling the platform to earn fees from facilitating access to alternative investments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Single Trades - €1 per order |
| Subscription | Monthly | Interest Rate - 2.25% p.a. |
| One time/ perpetual license | One time/ perpetual license | Card Options |
| Other | Pay-as-you-go | ATM Withdrawals |
| Unit Pricing | Pay-as-you-go | Bond ETFs - Yields 1-3% above savings accounts |
| Subscription | Monthly | Crypto Saveback - 2% |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Trade Republic product offering
Product offeringCore offering
Trade Republic operates a mobile-first investment and banking platform offering commission-free trading of stocks, ETFs, and cryptocurrencies starting from €1, alongside a free current account with debit card earning the full ECB deposit rate, and wealth management products including Private Markets access, Fixed Income Bond ETFs, and direct IPO subscription for European retail investors across 18 countries.
Product overview
Trade Republic is a German full bank (Trade Republic Bank GmbH, BaFin supervised) operating as a unified digital wealth management platform that combines banking, investing, and savings services. The core offering consists of a commission-free brokerage for stocks, ETFs, and crypto with Savings Plans for recurring investments. The platform has expanded into full banking with a current account and debit card (earning 2.25% interest and 1% saveback), and wealth management through Fixed Income/Bond ETFs and Private Markets access via Apollo and EQT partnerships. Additional features include a Crypto Wallet for 50 cryptocurrencies with staking, a Children's Investment Account with fee-free ETFs, and an IPO Subscription service for retail investors. The platform serves over 10 million customers across 18 European countries with assets exceeding €150 billion, positioning itself as Europe's largest savings platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Stock and ETF Trading
Quantifiable outcome
- Distributed over €1 billion in interest to customers since January 2023
- +2 more outcomes
Companies that use Trade Republic
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Trade Republic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Trade Republic partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- BitGo Europe GmbHcoreCrypto custody provider securing all Trade Republic customer crypto assets in cold wallets, enabling the platform's fully regulated crypto wallet feature under MiCAR.
- EQTcoreStrategic partnership enabling Trade Republic customers to invest in private equity markets starting from €1. Part of Trade Republic's expansion into wealth management beyond brokerage.
- ApollocoreStrategic partnership enabling Trade Republic customers to invest in private markets. Combined with EQT partnership to offer retail access to alternative investments.
- Deutsche Bank AGcorePartner bank for customer fund custody. Customer funds held in omnibus trust accounts at Deutsche Bank AG and other partner banks, protected by deposit guarantee up to €100,000 per customer.
- J.P. Morgan SEcorePartner bank for customer fund custody in omnibus trust accounts, providing deposit protection up to €100,000 per customer.
- HSBC Continental Europe S.A.corePartner bank for customer fund custody in omnibus trust accounts.
- Citibank Europe plccorePartner bank for customer fund custody, covered by deposit guarantee scheme.
Scale indicators8 records
Recent moves12 records
Expansion highlights7 records
Trade Republic competitors and assessment
Company assessmentDirect peers
- Robinhood: US-headquartered retail brokerage offering commission-free trading in stocks, ETFs, and crypto with a mobile-first, product-led-growth model. Most direct global comparable to Trade Republic's retail brokerage + crypto + banking proposition.
- Revolut: London-headquartered European neobank offering multi-currency accounts, commission-free stock and crypto trading, and savings products. Directly competes with Trade Republic across multiple European markets with a similar vertical integration thesis.
- Scalable Capital: Munich-based European retail broker offering commission-free trading in stocks, ETFs, and crypto, plus savings plans. Most direct German-headquartered competitor to Trade Republic's core brokerage and Savings Plans offering.
- eToro: Israel-headquartered social trading platform offering retail investors commission-free stock, ETF, and crypto trading across Europe. Comparable multi-asset, retail-focused, mobile-first brokerage model with European regulatory footprint.
- BUX: Amsterdam-based European neobroker offering commission-free trading in stocks, ETFs, and crypto to retail investors. Direct Dutch-headquartered competitor with comparable mobile-first trading proposition.
- DEGIRO: Amsterdam-headquartered low-cost European online broker offering stocks, ETFs, and other instruments to retail investors. Closely comparable low-cost brokerage model with European regulatory footprint.
Broad incumbents
- Interactive Brokers: Established global online broker serving retail and institutional clients with multi-asset trading. Comparable execution-focused brokerage model and product breadth, but broader and more institutional than Trade Republic's retail-specialized platform.
- N26: Berlin-headquartered European neobank offering digital current accounts and increasingly expanding into investment products. Comparable German-headquartered digital banking foundation, though brokerage product set is less mature than Trade Republic's.
- Coinbase: US-headquartered regulated retail crypto exchange and wallet platform with European operations under MiCAR. Comparable regulated retail crypto brokerage and custody model, but with a crypto-only versus full-stack wealth proposition.
Regional players
- Bunq: Amsterdam-headquartered European neobank offering digital banking accounts with competitive interest rates. Comparable digital-first banking expansion narrative, though currently lighter on brokerage and crypto than Trade Republic.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Trade Republic social profiles
Digital presenceTrade Republic compliance and trust
Trust signalCompliance3 records
Trade Republic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trade Republic leadership team
Management profileNumber of profiles
Profiles3 records
Trade Republic subsidiaries and ownership
Company hierarchySubsidiaries1 record
Trade Republic funding detail
Funding detailFunding overview
Funding rounds6 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trade Republic M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trade Republic
What does Trade Republic do?
Trade Republic operates a mobile-first investment and banking platform offering commission-free trading of stocks, ETFs, and cryptocurrencies starting from €1, alongside a free current account with debit card earning the full ECB deposit rate, and wealth management products including Private Markets access, Fixed Income Bond ETFs, and direct IPO subscription for European retail investors across 18 countries.
Is Trade Republic a public or private company?
Trade Republic is a private company. It is classified as venture growth investor backed and is currently operating.
When was Trade Republic founded?
Trade Republic was founded in 2015. It employs 501 to 1,000 people.
Where is Trade Republic based?
Trade Republic is headquartered in Berlin, Germany, in the Europe region.
How does Trade Republic make money?
Four revenue lines are on record. Trading Transaction Fees are the primary driver. The others are interest on Customer Deposits, card and Banking Services and private Markets Investment Access.
Who are Trade Republic's main competitors?
Direct peers on record are Robinhood, Revolut, Scalable Capital, eToro, BUX and DEGIRO. Broad incumbents are Interactive Brokers, N26 and Coinbase. Bunq is listed as a regional player.
Does Trade Republic have an API?
No public API is recorded for Trade Republic.
What industry is Trade Republic in?
Trade Republic's product category is Retail Brokerage. Its primary akta.pro industry code is FSADAAAB, Retail Crypto Brokerages (Simple Buy/Sell), with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 5231 and its SIC code is 6200.