United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusTrade Republic vs Public
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
Trade Republic and Public never appear on the same country list: we list Trade Republic in 8 countries and Public in 1 country. The table below shows where you can use each one.
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 top-tier (tier-1) licences: Trade Republic from BaFin, Public from SEC / FINRA.
- We list Trade Republic in 8 of the 14 countries we cover and Public in 1. They never overlap.Edge: Trade Republic
- Public gets more search attention than Trade Republic (Market Signal 64 vs 51). 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 | Trade Republic | Public |
|---|---|---|
| Germany | #5 of 1262/100Locally licensed Trade Republic Bank GmbH · BaFin | Not listed |
| Italy | #5 of 1162/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Netherlands | #5 of 1062/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| United States | Not listed | #7 of 968/100Locally licensed Open to the Public Investing, Inc. (Public Investing) · SEC / FINRA |
Crypto exchanges
| Country | Trade Republic | Public |
|---|---|---|
| Austria | #13 of 2159/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Croatia | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Cyprus | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Germany | #13 of 2159/100Locally licensed Trade Republic Bank GmbH · BaFin | Not listed |
| Italy | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Netherlands | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Portugal | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
| Spain | #13 of 1959/100EU passport Trade Republic Bank GmbH · BaFin | Not listed |
Fees and features side by side
| Trade Republic | Public | |
|---|---|---|
| Products | Stocks & ETFs, Crypto | Stocks & ETFs, Options, Crypto |
| Owner | Not verified yet | Public Holdings, Inc. |
| US stock commission | Not verified yet | $0 per order |
| Stock commission (stocks and ETFs) | €1, per single trade, plus third-party costs and spreads; savings plans free | – |
| Crypto trading fee | €1 per order (flat fee) | Not verified yet |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | Not verified yet | $10 charged on accounts under $70 with no activity in the last 6 months |
| Withdrawal fee | €1, withdrawals under €100; free from €100 | Not verified yet |
| Minimum deposit | $0 (Trade Republic Bank GmbH) · $0 (Trade Republic Bank GmbH) | Not verified yet |
| Instruments | Not verified yet | 9,000+ |
| Fractional shares | Yes | Yes |
| Platforms | Trade Republic app (iOS, Android) | Public app, Public web |
| Deposit methods | Not verified yet | Bank wire, Linked bank account |
| Withdrawal time (stated) | up to 3 banking days | standard: 3–5 business days |
| Demo account | Not verified yet | Not verified yet |
| Support | live chat, phone · 24/7 | live chat, email |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (Trade Republic, Public).
Licences
Public
- Open to the Public Investing, Inc. (Public Investing): SEC / FINRA (Tier 1)
Trade Republic vs Public: common questions
Which is better, Trade Republic or Public?
Trade Republic and Public never appear on the same country list: we list Trade Republic in 8 countries and Public in 1 country. The table below shows where you can use each one. For reference, Trade Republic's best ranking is #5 of 12 stock brokers & investing apps in Germany, and Public's best ranking is #7 of 9 stock brokers & investing apps in the United States.
Is Trade Republic cheaper than Public?
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 Trade Republic or Public better regulated?
Both hold top-tier (tier-1) licences: Trade Republic from BaFin, Public from SEC / FINRA. 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 Trade Republic and Public where I live?
We list Trade Republic in 8 of the 14 countries we cover and Public in 1. They never overlap.