Trade Republic review and experiences: Is the broker reputable?
A look at the homepage: The Trade Republic experiences go almost exclusively in one direction
If you are looking for Trade Republic experiences, you will notice that the website is also illuminated here. This is mainly because the broker has put some thought into usability. Thus, the Trade Republic test proves the homepage was well structured and follows an almost classic structure. The page’s contents are then staged with the colors black and white. However, there is an insight only after you have registered. The various trading options, such as custody account offers, will be available only then.
In the end, however, this does not affect the Trade Republic rating. Ultimately, it’s about the fact that the Trade Republic test deals with how the homepage affects registered users – and this is where the Trade Republic can convince.
This means you will be fine even as a beginner who has never had anything to do with the subject. The homepage may have performed well in the Trade Republic test; the Trade Republic experiences also go in the direction that the homepage convinces.
In conclusion, the role of the homepage may only be of limited importance for the final Trade Republic evaluation. But to be fair, it should be noted that there is a plus point, as care was taken here to design an apparent page. They try to be transparent and skillfully stage all crucial areas. Only some brokers can do that.
A portfolio for all traders: The Trade Republic test shows that a lack of diversity does not have to be a disadvantage
Those who anticipate receiving a variety of various depots during registration are likely to be disappointed: The Trade Republic test indicates that there is only one depot at Trade Republic as opposed to Trading 212, meaning that you are only able to select the accessible account and are not required to deal with any advantages or disadvantages beforehand. The Trade Republic testimonials show that registering merely takes a few minutes and will be easy for a novice.
There is no Trade Republic demo account; it should be emphasized. The Trade Republic rating may suffer as a result of this. Safe trading would be possible to start with a Trade Republic demo account since
Savings must be invested right away because this choice is not available.
Given that there is only one depot or account, whether this alternative can also persuade needs to be answered. Yes. The Trade Republic test demonstrates its sufficiency. Trade Republic has addressed every aspect of the account that is crucial for new and experienced traders. For the Trade Republic rating, this is quite encouraging.
The Trade Republic test with a view to the trading platform
The Trade Republic experience has also been positive in this area. If you want to gain Trade Republic experience, you must download the free app from the respective store at the beginning. For Android, the Trade Republic app is available in the Google Play Store, and iOS in the Apple App Store. The installation takes only a few moments. In our article Trading Apps, you can see how the app compares to other brokers.
The trading platform, proven not only by the Trade Republic test but also by the many Trade Republic experiences, convinces. Because there is a structured market overview, you can easily take a look at your account at any time and use various functions that can maximize profit and reduce risk on the one hand. Furthermore, there is news and the possibility to have price alerts sent to you. With the trading platform, you can no longer miss any exciting market developments.
The payment methods in the Trade Republic test
From the beginning, it is clear that there is only one deposit method at Trade Republic compared to Scalable Capital: the SEPA bank transfer. If you want to capitalize your account with a credit card, an eWallet, or even with PayPal, you will be disappointed. However, Trade Republic makes no secret of this fact – and this openness is a positive point for the Trade Republic rating.
The bank account from which the transfer is made must be in the name of the custody account holder. This is the only way to comply with the regulations against money laundering. This is also why no transactions can be carried out from a business account. If a name discrepancy is detected, the transferred amount will be remitted.
The fact that the broker Trade Republic is reputable can already be determined. Because the Trade Republic test clearly shows that the deposit methods adhere very strictly to the law – this is at the expense of diversity. Still, in the end, the SEPA transfer may be a secure variant that every trader can probably use.
Credit transfer is also carried out to the deposited reference account. Transfers usually take two to three working days – regardless of whether the account will be capitalized or a balance will be paid out from the Trade Republic account to the reference account.
Can the customer service be convinced in the Trade Republic test?
If you look at one or the other Trade Republic experience, you will notice that there are no critical reports in customer support. Above all, because the online help offered dominates and convinces. As a trader, you can contact us via live chat. The advantage? Here, you get the answer or solution presented within minutes. Furthermore, there is also the possibility of contacting us by telephone.
The Trade Republic testimonials are consistently positive. This means that the customer service was able to pass the Trade Republic test, which means a positive Trade Republic rating. After all, customer service must not be neglected under any circumstances. If difficulties or problems arise and the FAQ area does not help, then you must be presented with a quick answer or problem solution.
Can the customer service be convinced in the Trade Republic test?
If you look at one or the other Trade Republic experience, you will notice that there are no critical reports in customer support. Above all, because the online help offered dominates and convinces. As a trader, you can contact us via live chat. The advantage? Here you get the answer or solution presented within minutes. Furthermore, there is also the possibility of contacting us by telephone.
The Trade Republic testimonials are consistently positive. This means that the customer service was able to pass the Trade Republic test – and that means a positive Trade Republic rating. After all, customer service must not be neglected under any circumstances. Because if difficulties or problems actually arise and the FAQ area does not help, then it is important that you are presented with a quick answer or problem solution.
There is no Trade Republic demo account available for beginners
Under “Knowledge & Help” there is some information about some underlying assets, trading hours and the rules. In the end, however, the additional offers, which are also confirmed by the Trade Republic experience, may not convince. In addition, there is no Trade Republic demo account. This means that you have to invest your savings immediately.
For the Trade Republic overall rating, the lack of a demo account may not be an advantage. However, a lack of a demo account should not weigh so heavily that you forget the other advantages that Trade Republic offers.
It is important, and this should be mentioned at this point, that the lack of a Trade Republic demo account means that it is not possible to get to know the market safely. For this reason, if you plan to work with stocks, it may be advisable to invest only freely available money. Because the dangers should not be underestimated. Beginners in particular should be particularly careful here.
Trade Republic Stock Portfolio
Tired of the European Central Bank’s zero-interest rate policy? That is quite understandable. The alternative? Shares. And this is where Trade Republic may well be convincing. Because in the course of the Trade Republic test, it was found that the offer and price fit together wonderfully. Trade Republic, therefore, convinces with an excellent price-performance ratio.
The trade offer
The Trade Republic test shows that around 6,500 titles are offered here. And the Trade Republic experience is about the fact that this diversity is also extremely sufficient. Above all, the Trade Republic testimonials are also about the fact that the trader has the possibility to categorize the securities according to certain characteristics – such as the country or the industry.
There are a particularly large number of securities from the USA. Around 1,000 stock corporations are offered here. In addition, there are around 400 securities from Germany. However, British, Canadian, French as well as Japanese stock corporations, and Swiss stocks are also available. This means that you can definitely achieve broad diversification here – especially if you pay attention to regionality.
But the provider was also able to convince the industries. In the course of the Trade Republic test, for example, it was found that stocks from the areas of finance such as banking as well as software and the Internet are available here.
The cost of trading
Of course, even if the offer is convincing, one should not neglect the Trade Republic costs such as Trade Republic fees. This is because high Trade Republic fees could ensure that there is an automatic reduction in profits.
The Trade Republic test has shown that individual securities can even be traded without commission. In addition, there are no custody fees. There are also no negative interest rates. That is, the Trade Republic costs are very low.
Stock exchanges and trading venues
According to Trade Republic’s testimonials, private traders can work flexibly on the stock exchange. Trading is available from Monday to Friday, from 7:30 a.m. to 23:00 p.m. On Saturday, trading is possible between 10 a.m. and 13 p.m.; Sunday between 17 p.m. and 19 p.m. The trader thus has maximum flexibility.
The Bottom Line on Trade Republic Shares
The offer that the Trade Republic offers here may very well fall into the category of attractive. Above all, Trade Republic scores with the fact that a correspondingly broad diversification can be achieved here. All those who like to work with shares, as the Trade Republic experience also proves, will be thrilled. Since the Trade Republic fees remain low and thus the Trade Republic costs remain low – and with a really good offer.
The conclusion on Trade Republic ETF
The offer as well as the Trade Republic fees such as Trade Republic costs are crucial points when it comes to the question of what the Trade Republic valuation looks like in this area. The Trade Republic test shows that the provider is 100 percent convincing in the area of ETFs – this is also proven by the many Trade Republic testimonials.
The Review
Trade Republic
The offer as well as the Trade Republic fees such as Trade Republic costs are crucial points when it comes to the question of what the Trade Republic valuation looks like in this area. The Trade Republic test shows that the provider is 100 percent convincing in the area of ETFs - this is also proven by the many Trade Republic testimonials.
PROS
- Banking license
- No minimum deposit
- Top-tier regulation
CONS
- Flat external fee of €1
- only first deposit is free
- Only email customer service
- No demo account
Review Breakdown
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Trading experience
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Trading conditions
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Platforms and tools
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Range of market
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Commissions and fees
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Safety and security
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Customer support
Trade Republic DEALS
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