Trading 212 vs Trade Republic
What each one charges, who licenses it, and how they rank against each other country by country.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for stocks in 3 countries, and Trading 212 comes out ahead in every one of them.
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 top-tier (tier-1) licences: Trading 212 from ASIC, Trade Republic from BaFin.
- We list Trading 212 in 9 of the 14 countries we cover and Trade Republic in 8. They overlap in 8.Edge: Trading 212
- Only Trading 212 offers CFDs.
- Only Trade Republic offers crypto.
- Trading 212 gets more search attention than Trade Republic (Market Signal 56 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 | Trading 212 | Trade Republic |
|---|---|---|
| Germany | #4 of 1266/100EU passport Trading 212 Markets Ltd · CySEC | #5 of 1262/100Locally licensed Trade Republic Bank GmbH · BaFin |
| Italy | #4 of 1166/100EU passport Trading 212 Markets Ltd · CySEC | #5 of 1162/100EU passport Trade Republic Bank GmbH · BaFin |
| Netherlands | #4 of 1066/100EU passport Trading 212 Markets Ltd · CySEC | #5 of 1062/100EU passport Trade Republic Bank GmbH · BaFin |
| Australia | #6 of 868/100Locally licensed Trading 212 AU Pty Ltd · ASIC | Not listed |
| Austria | #3 of 866/100EU passport Trading 212 Markets Ltd · CySEC | Not listed |
| Croatia | #3 of 866/100EU passport Trading 212 Markets Ltd · CySEC | Not listed |
| Cyprus | #4 of 966/100Locally licensed Trading 212 Markets Ltd · CySEC | Not listed |
| Portugal | #4 of 966/100EU passport Trading 212 Markets Ltd · CySEC | Not listed |
| Spain | #4 of 966/100EU passport Trading 212 Markets Ltd · CySEC | Not listed |
Fees and features side by side
| Trading 212 | Trade Republic | |
|---|---|---|
| Products | Stocks & ETFs, CFDs | Stocks & ETFs, Crypto |
| Owner | Not verified yet | Not verified yet |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| US stock commission | $0 per order | Not verified yet |
| Crypto trading fee | Not verified yet | €1 per order (flat fee) |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | None | Not verified yet |
| Withdrawal fee | None | €1, withdrawals under €100; free from €100 |
| Minimum deposit | Not verified yet | $0 (Trade Republic Bank GmbH) · $0 (Trade Republic Bank GmbH) |
| Instruments | 9,000+ | Not verified yet |
| Fractional shares | Yes | Yes |
| Platforms | Trading 212 app | Trade Republic app (iOS, Android) |
| Deposit methods | Bank transfer, Instant bank transfer (Open Banking), Card, Apple Pay, Google Pay, Klarna | Not verified yet |
| Withdrawal time (stated) | Not verified yet | up to 3 banking days |
| Demo account | Yes | Not verified yet |
| Support | email · 24/7 | 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 (Trading 212, Trade Republic).
Licences
Trading 212 vs Trade Republic: common questions
Which is better, Trading 212 or Trade Republic?
We rank both for stocks in 3 countries, and Trading 212 comes out ahead in every one of them. For reference, Trading 212's best ranking is #3 of 8 stock brokers & investing apps in Austria, and Trade Republic's best ranking is #5 of 12 stock brokers & investing apps in Germany.
Is Trading 212 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 Trading 212 or Trade Republic better regulated?
Both hold top-tier (tier-1) licences: Trading 212 from ASIC, Trade Republic 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 Trading 212 and Trade Republic where I live?
We list Trading 212 in 9 of the 14 countries we cover and Trade Republic in 8. They overlap in 8. For stocks, you'll find both on our lists in Germany, Italy and Netherlands.