United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusXTB 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 2 countries, and XTB 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: XTB from FCA, Trade Republic from BaFin.
- We list XTB in 7 of the 14 countries we cover and Trade Republic in 8. They overlap in 5.Edge: Trade Republic
- Only XTB offers forex and CFDs.
- Only Trade Republic offers crypto.
- XTB gets more search attention than Trade Republic (Market Signal 63 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 | XTB | Trade Republic |
|---|---|---|
| Germany | #3 of 1269/100EU passport XTB S.A. · KNF | #5 of 1262/100Locally licensed Trade Republic Bank GmbH · BaFin |
| Italy | #3 of 1169/100EU passport XTB S.A. · KNF | #5 of 1162/100EU passport Trade Republic Bank GmbH · BaFin |
| Cyprus | #3 of 969/100Locally licensed XTB Ltd · CySEC | Not listed |
| Netherlands | Not listed | #5 of 1062/100EU passport Trade Republic Bank GmbH · BaFin |
| Portugal | #3 of 969/100EU passport XTB S.A. · KNF | Not listed |
| Spain | #3 of 969/100EU passport XTB S.A. · KNF | Not listed |
| United Arab Emirates | #3 of 669/100Locally licensed XTB MENA Limited · DFSA | Not listed |
| United Kingdom | #5 of 771/100Locally licensed XTB Limited · FCA | Not listed |
Fees and features side by side
| XTB | Trade Republic | |
|---|---|---|
| Products | Forex, CFDs, Stocks & ETFs | Stocks & ETFs, Crypto |
| Owner | XTB S.A. (listed on the Warsaw Stock Exchange) | 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 | 0.5% | Not verified yet |
| Inactivity fee | €10 per month after 365 days with no trade and no deposit in the last 90 days | Not verified yet |
| Withdrawal fee | None | €1, withdrawals under €100; free from €100 |
| Minimum deposit | $0 (XTB Limited) | $0 (Trade Republic Bank GmbH) · $0 (Trade Republic Bank GmbH) |
| Instruments | 11,900+ | Not verified yet |
| Fractional shares | Not verified yet | Yes |
| Platforms | xStation web, xStation desktop, XTB mobile app | Trade Republic app (iOS, Android) |
| Deposit methods | Bank transfer, Credit/debit card (Visa, Mastercard) | Not verified yet |
| Withdrawal time (stated) | same or next business day (bank transfer) | up to 3 banking days |
| Demo account | Yes | Not verified yet |
| Support | live chat, email, phone · 24/5 | 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 (XTB, Trade Republic).
Licences
XTB vs Trade Republic: common questions
Which is better, XTB or Trade Republic?
We rank both for stocks in 2 countries, and XTB comes out ahead in every one of them. For reference, XTB's best ranking is #3 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 XTB 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 XTB or Trade Republic better regulated?
Both hold top-tier (tier-1) licences: XTB from FCA, 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 XTB and Trade Republic where I live?
We list XTB in 7 of the 14 countries we cover and Trade Republic in 8. They overlap in 5. For stocks, you'll find both on our lists in Germany and Italy.