United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
Cyprusflatex vs Trade Republic
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
Germany is the one country where we rank both for stocks, and Trade Republic comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
We haven't found a fee they both publish in a way we can compare fairly, so the table below just shows what each one charges.
Both hold a top-tier licence from BaFin.
- We list flatex in 1 of the 14 countries we cover and Trade Republic in 8. They overlap in 1.Edge: Trade Republic
- Only Trade Republic offers crypto.
- Local stock commissions, as each one publishes them: flatex per order (orders under €1,000; €15.90 from €1,000), plus third-party costs (Germany, USA/Canada, other foreign); Trade Republic per single trade, plus third-party costs and spreads; savings plans free (stocks and ETFs). They're priced on different bases, so we don't call a winner.
- Trade Republic gets more search attention than flatex (Market Signal 51 vs 40). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Stock brokers & investing apps
| Country | flatex | Trade Republic |
|---|---|---|
| Germany | #10 of 1252/100Locally licensed flatexDEGIRO Bank SE · BaFin | #5 of 1262/100Locally licensed Trade Republic Bank GmbH · BaFin |
| Italy | Not listed | #5 of 1162/100EU passport Trade Republic Bank GmbH · BaFin |
| Netherlands | Not listed | #5 of 1062/100EU passport Trade Republic Bank GmbH · BaFin |
Fees and features side by side
| flatex | Trade Republic | |
|---|---|---|
| Products | Stocks & ETFs | Stocks & ETFs, Crypto |
| Owner | flatexDEGIRO SE | Not verified yet |
| US stock commission | Not verified yet | Not verified yet |
| Stock commission (Germany, USA/Canada, other foreign) | €5.90, per order (orders under €1,000; €15.90 from €1,000), plus third-party costs | – |
| Crypto trading fee | Not verified yet | €1 per order (flat fee) |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | Not verified yet | Not verified yet |
| Withdrawal fee | Not verified yet | €1, withdrawals under €100; free from €100 |
| Minimum deposit | Not verified yet | $0 (Trade Republic Bank GmbH) · $0 (Trade Republic Bank GmbH) |
| Instruments | Not verified yet | Not verified yet |
| Fractional shares | Not verified yet | Yes |
| Platforms | flatex next app, flatex trader 2.0 | Trade Republic app (iOS, Android) |
| Deposit methods | Not verified yet | Not verified yet |
| Withdrawal time (stated) | Not verified yet | up to 3 banking days |
| Demo account | Not verified yet | Not verified yet |
| Support | email, phone | live chat, phone · 24/7 |
| Stock commission (stocks and ETFs) | – | €1, per single trade, plus third-party costs and spreads; savings plans free |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (flatex, Trade Republic).
Licences
flatex vs Trade Republic: common questions
Which is better, flatex or Trade Republic?
Germany is the one country where we rank both for stocks, and Trade Republic comes out ahead there. For reference, flatex's best ranking is #10 of 12 stock brokers & investing apps in Germany, and Trade Republic's best ranking is #5 of 12 stock brokers & investing apps in Germany.
Is flatex cheaper than Trade Republic?
We haven't been able to compare their fees like for like yet. The fees table on this page shows what each one publishes.
Is flatex or Trade Republic better regulated?
Both hold a top-tier licence from BaFin. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both flatex and Trade Republic where I live?
We list flatex in 1 of the 14 countries we cover and Trade Republic in 8. They overlap in 1. For stocks, you'll find both on our lists in Germany.