My Trade Republic Platform Review (April 2025)

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Please note that Trade Republic services may not be available in the Philippines. For exact eligibility requirements, we recommend that you consult the official Trade Republic website directly.

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Trade Republic, launched in 2015 and based in Berlin, is a fast-growing European broker specializing in commission-free investment in stocks, ETFs, and cryptos. With a Trustpilot rating of 4.2 from over 28,592 reviews, the platform enjoys an excellent reputation with users, particularly in the Philippines, where it is increasingly attracting both novice and experienced investors.

I've spent the last 6 months signing up, testing, and thoroughly analyzing Trade Republic, and I've sought to compare the platform to other regulated and popular online brokers in the Philippines.

In short, I was trying to answer questions like: can Trade Republic be trusted? Is the platform easy to use and intuitive for beginners? How much does it cost to trade with Trade Republic, and can you build a diversified portfolio of assets? What features does the trader offer compared to other online brokers?

So I put everything under the microscope: account opening process, management and trading fees, available financial instruments, features, simplicity of the platform (desktop and mobile) and trading tools, etc. Below is my in-depth analysis of the Trade Republic broker (compared to other platforms tested).

What to think of Trade Republic?

My general opinion on Trade Republic

After several months of testing, I consider Trade Republic to be an excellent solution for retail investors who want to build a long-term portfolio with reduced fees and a simple interface. It is not a platform tailored for technical traders or those looking for complex products, but it perfectly does the job for investing efficiently in traditional markets.

Access to over 8,500 stocks and ETFs is a real strength. I was able to invest in American, European, or Asian companies with the same ease, and even schedule recurring purchases via their free automatic investment plans. The choice is wide, especially on the thematic ETF side, and the addition of government or corporate bonds reinforces the asset dimension of the account.

In terms of tools, everything is done through their mobile application, which is fluid, well-designed, and accessible. However, it remains very basic: no technical indicators, no advanced order book, and no screening or backtesting functionalities. There is no complete desktop version or compatibility with third-party software like MetaTrader or TradingView. For me, it's a platform primarily designed for investing, not for active trading.

In terms of pricing, it's hard to beat: ₱1 per order with no variable commission, no custody fees or hidden fees. I've placed dozens of orders in different currencies, and everything has remained perfectly transparent. There are also no fees on withdrawals or inactivity, and even currency conversions are done at the market rate without added margin. This model is ultra competitive, especially for small portfolios.

Finally, regarding security, I found nothing to complain about: Trade Republic is a licensed German banking institution, cash funds are protected up to ₱5,780,000 (equivalent of 100,000 €) and securities are properly segregated. Even though the broker does not offer classic leverage, this also limits the risk of major losses for beginners. The interface defaults to a cautious approach, which enhances the overall security of the user journey.

Who is Trade Republic For?

=> For beginner investors, who want to get started in the stock market without complexity or hidden fees. The application is intuitive, orders are easy to place, and the absence of leverage or CFDs limits the risk of making mistakes. It's an excellent gateway to building a stock or ETF portfolio, with useful scheduled plans to stay disciplined.

=> For occasional or regular traders who want to invest long-term in international stocks, ETFs, or some cryptocurrencies. The fixed fee of ₱ per order and the absence of additional fees help maintain good profitability even on small positions. The bonds recently made available offer an interesting defensive alternative.

=> For wealth investors looking to grow their capital over time through a passive approach. The possibility of investing in free monthly plans, access to bonds, the absence of inactivity fees, and fund protection make it a suitable platform for 'autopilot' management.

On the other hand, Trade Republic may be less suitable for active or technical traders. There is no detailed order book, no advanced charting tools, no scalping or automation functions possible, and no direct leverage. CFDs, forex or commodities are not offered, which severely limits the speculative dimension.

Trade Republic in a few seconds:

My review on the security and reliability of the broker Trade Republic

Trade Republic is, in my opinion, a reliable and serious broker for investing from the Philippines. Regulated by the Securities and Exchange Commission (SEC) in the Philippines, it offers a secure environment, particularly suited to cautious investors. The absence of classic leverage, the clarity of fees, and the simplicity of the products offered contribute to a controlled trading framework. The broker has already convinced millions of users, a figure that testifies to its solidity and growing reputation.

My opinion on the fees, spreads, and commissions applied on Trade Republic

What I immediately noticed about Trade Republic is the radical simplicity of their pricing. No multiple accounts, no complex structures: a single, ultra-clear pricing grid. I've placed dozens of orders, and each time, the bill has been the same: ₱1 per transaction, with no hidden fees. It's this transparency that convinced me from the start.

The complete absence of inactivity fees, custody fees, or withdrawal fees within the Philippines is a real advantage, especially for profiles that trade infrequently or irregularly. Whether it's to buy a U.S. stock or a Philippine ETF, the conditions remain the same.

Let's now look in detail at the broker's fee schedule.

What are the account fees?

Honestly, I have rarely seen a pricing policy that is so clear and advantageous for individual users. There is nothing to complain about regarding account maintenance fees or withdrawals, which makes Trade Republic particularly attractive for those who want to invest without worrying about additional charges.

The symbolic minimum deposit of ₱1 allows you to get started without constraint, which is quite rare in the market. It's ideal for testing the platform with a small initial capital, especially for beginner profiles.

Trader Tip

If you want to invest in securities denominated in dollars, convert your Philippine pesos with a card like Revolut before making the deposit. This allows you to optimize the exchange rate if you plan to invest regularly outside the Philippine peso zone.

What are the fees on stocks and ETFs?

That's exactly what I appreciate about Trade Republic: ultra-direct pricing. I've placed orders on American and European stocks, and I've always paid ₱1, no more, no less. No percentages to watch out for, no unpleasant surprises.

For someone like me who invests regularly but without leverage, it's a perfect model. And above all, not having to worry about custody or storage fees on my ETFs is a real relief. I know too many brokers who nibble away at returns with hidden fees.

What are the fees on cryptocurrencies?

I also tested buying cryptos on Trade Republic – mainly Bitcoin and Ethereum. What I found practical is that there is no need to ask a thousand questions about fees: everything is integrated into the displayed price. For a one-off purchase or to build a small crypto allocation in a long-term portfolio, it works well.

But let's be honest: if you are looking to actively trade cryptos or scalp in the short term, the built-in spreads are a bit too high compared to what an exchange like Binance or Kraken offers. Also note that staking or withdrawals to an external wallet are not available at the moment.

My opinion on the assets & markets available on Trade Republic

What I particularly appreciated with Trade Republic is the wide range of stocks and ETFs. Being able to access over 8,500 securities from a single application, with a fixed fee of ₱1, is rare. I was able to invest in both American giants and small European or Asian stocks. The addition of bonds is a real plus for balancing a long-term portfolio, especially for conservative profiles.

The crypto offering is solid, with over 50 assets available for spot purchase. It's not as extensive as a specialized exchange, but sufficient for reasonable market exposure. However, there is no currency trading or direct access to commodities or indices: you have to go through ETFs or listed derivatives. Therefore, it is not a platform for active traders, but rather for investors looking to diversify without leverage.

My Opinion on the Platform

After several weeks of using the Trade Republic app, I must say that the experience is very fluid, but also very minimalist. The application is clearly designed for investing, not for active trading. There is no advanced graphical interface or complex order book, which may confuse those accustomed to technical platforms. However, for a long-term investor looking for simplicity, it is undoubtedly one of the most streamlined interfaces on the market.

Personally, I appreciated the ability to quickly place orders from my mobile, schedule recurring purchases on ETFs or stocks, and track my investments without information overload. However, as a trader, the total lack of graphic customization or technical tools quickly limited me for more dynamic strategies.

Trader Tip

I advise you to prepare your watchlist in advance with an external tool (like TradingView for free), then place your orders on Trade Republic. This helps compensate for shortcomings in technical analysis without changing brokers.

Customer Reviews: What Users Think of Trade Republic

Trade Republic has a Trustpilot rating of 4.2/5 based on over 28,000 reviews, which demonstrates excellent overall satisfaction. Many users highlight the quality of the mobile experience, transparent pricing, and the overall reliability of the platform.

Positive reviews highlight the clear pricing at ₱ per order, with no hidden commissions, as well as the speed of order execution. The application is described as simple, modern, ergonomic, and adapted for daily use. Several comments also highlight the ease of account opening, the absence of custody fees, and the practicality of monthly investment plans.

On the downside, some users regret the lack of advanced charting tools, the inability to sell short, or use classic leverage. However, for many retail investors, Trade Republic is an accessible, efficient, and suitable solution for long-term investing.

Examples of customer reviews:

• Stéphane (February 27, 2024) : « Ultra simple application, no hidden fees. I opened my account in 10 minutes. Ideal for investing without overthinking it. »
• Philippe (January 4, 2024) : « Excellent platform, well-thought-out investment plans, everything is clear. I highly recommend it. »
• Antoine (December 12, 2023) : « Unbeatable rates, smooth application, responsive support. I have been a customer for 2 years, and still satisfied. »

Account Opening, Deposits and Withdrawals on Trade Republic

Account Opening

Opening an account with Trade Republic is extremely simple and quick. Everything is done via the mobile app, without paperwork or postal mail. Personally, I completed my registration in less than 10 minutes, and my account was validated within the day. The procedure is smooth and well-guided, which is perfect for beginners.

Here are the steps to follow:

• Download the Trade Republic app or access the website
• Fill in your personal information (name, address)
• Carry out the identity verification (ID + selfie-video)
• Submit proof of address if requested
• Wait for validation (often within a few hours)
• Once validated, make the first deposit to activate the account

✅ Good to know

Trade Republic does not offer a demo account. However, opening a real account does not require a minimum deposit, allowing you to test the platform in real conditions from ₱1.

Trade Republic Deposits and Withdrawals

Honestly, the deposit and withdrawal system at Trade Republic is as minimalist as the platform itself. No bank card, no PayPal, no crypto: everything goes only through bank transfer. It's simple, but it can be a hindrance for those looking for faster or more diversified methods. Incoming transfers are generally credited within 24 hours, and withdrawals are also fast as soon as the IBAN has been verified.

Trader Tip

To avoid any issues during your first withdrawal, use an IBAN in your personal name from the start, identical to the one you will declare in the app. This avoids any additional validation delays.

Account Types Available on Trade Republic

Trade Republic offers two types of real accounts: a classic securities account in euros and a PEA, which is particularly advantageous fiscally for Filipino investors. The offer is intentionally simplified to appeal to a broad audience, often beginners, and the platform does not seek to segment according to profile (no professional account, no Islamic version). There is also no demo account, which is a pity for those who would like to test the interface before investing.

✅ Good to know

A securities account with Trade Republic is more than enough for individual investors who want to buy stocks, ETFs or bonds without superfluous fees, and the PEA will be ideal for investors looking for tax advantages. On the other hand, it will not be suitable for profiles looking for more specific functionalities such as leverage, CFDs or copy trading.

Conclusion: Should you invest with Trade Republic?

After several months of testing, I consider Trade Republic as an excellent option for those who want to invest simply, without being encumbered by complex tools or opaque pricing structures. The platform is designed for the individual investor: clear, without leverage, with direct access to over 8,500 stocks and ETFs at ₱1 per order, and without any hidden fees.

I particularly appreciated the speed of account opening, the clarity of the mobile interface, and the fixed pricing model, which is much more transparent than with other players. The absence of inactivity fees, custody fees, or withdrawal fees makes it an economical and accessible solution.

In short, if you are looking to build a long-term portfolio with a simple, efficient, and regulated tool, Trade Republic is, in my opinion, an excellent choice for starting or consolidating your investments.

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.