Germany's first mobile and commission-free broker
Christian Hecker, Thomas Pischke, Marco Cancellieri
Trade Republic Bank is Germany’s first mobile-only and commission-free broker. Users only pay a fee of 1 euro per transaction for the external settlement. The Berlin fintech’s app provides fast, mobile account opening, intuitive search and filter functions, a personal timeline as well as extended trading hours from 7:30 am to 11 pm.
Investors can trade more than 6,500 German and international stocks as well as over 500 ETFs on indexes, commodities and currencies commission-free. Stock price quality is supervised by the Hamburg stock exchange. Spreads are bound to the reference market XETRA (Deutsche Börse) when applicable. In addition, around 40,000 HSBC Germany derivatives based on indexes, currencies and commodities can be traded commission-free.
With its cutting-edge technology, Trade Republic realizes cost advantages and passes them onto its customers: no commission fees, no account fee, no negative interest rates – just a flat rate of 1 euro per trade for third-party fees. Trade Republic cooperates with renowned partners like HSBC and solarisBank.
Trade Republic Bank holds a German banking license and is supervised by the Bundesbank as well as the Federal Financial Supervisory Authority (BaFin). The Berlin-based company was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri. In January 2019, Trade Republic was the first German broker to launch mobile-only and permanently commission-free stock trading. Trade Republic’s investors include venture capital investors Creandum and Project A as well as sino AG.