Trade Republic review 2026
How good is Trade Republic really?
BaFin-regulated 87/100 points
kosten.org editorial team
Last updated: 2026-02-16
87/100
Points
Based on published terms and features
Trade Republic combines Europe's largest neobroker with an interest-bearing cash account. 3.00% p.a. on the whole balance under German BaFin regulation make TR the most attractive all-in-one offer.
Highlights of our Trade Republic review
- 3.00% on balances
- BaFin-regulated
- Securities account + cash in one app
- 4 million customers
Table of contents
1 Interest rates & terms
26/30
Points
Trade Republic offers 3.00% p.a. on the whole balance – with no tiers and no cap. The rate can change depending on market conditions (ECB key rate). Interest is credited monthly. No separate call money account is needed – the balance in the settlement account earns interest. In addition there is Saveback (1% on card payments, executed as a savings plan).
2 Security & deposit protection
24/25
Points
Trade Republic holds a German BaFin banking licence (since 2023). German deposit protection up to €100,000. Securities in the account are protected as special assets (segregated from the bank's own assets). Two-factor authentication. Biometric login.
3 Account opening & management
17/20
Points
Entirely in the app: video identification in 5 minutes. A card (physical + virtual) is sent automatically. The dashboard shows balance, interest earned and securities account. Push notifications for transactions.
4 Flexibility & availability
14/15
Points
Immediate availability of the balance. Free Visa debit card for payments and withdrawals. Apple Pay + Google Pay. Real-time transfers (SEPA Instant). Round-ups: automatic rounding up + saving.
5 Costs & transparency
6/10
Points
Completely free: no account fees, no card fees. Cash withdrawals free from €100. Transparent interest display in the app. Automatic tax certificate.
Pros & cons at a glance
Pros
- BaFin + German deposit protection
- Securities account and call money combined
- Saveback + round-ups
- Monthly interest credit
Cons
- App only, no desktop banking
- Interest not guaranteed
- No HBCI/FinTS
Conclusion: Trade Republic review
87/100
Very good (1.6)
Trade Republic is the best choice for investors who want to combine a securities account and call money in one app. 3.00% interest with BaFin regulation and German deposit protection are a strong overall package.
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