DEGIRO vs Trade Republic: Which Broker Suits You?
DEGIRO scores 3.4 and Trade Republic 3.4 out of 5 on our published methodology. They tie on every category we score. Both accept clients in the EU.
Level on overall score
Trade Republic
3.4/5
Best for: Low-cost EU investing & savings plans
Read the full Trade Republic review →Score by score
Each category is scored 1–5 using our published methodology. The overall score is the plain average of the first five; ease of use is shown separately.
Key facts side by side
| DEGIRO | Trade Republic | |
|---|---|---|
| What you own | Real assets | Real assets |
| Available assets | Stocks, ETFs, bonds and funds across many European and global exchanges | Stocks, ETFs, bonds and crypto, plus warrants and private-market funds |
| Regulated by | BaFin (flatexDEGIRO Bank SE), with DNB and AFM overseeing the Dutch branch | German bank licence, supervised by BaFin and the Bundesbank, with branches in several EU countries |
| Stands out for | Among the lowest per-trade costs available in Europe | A flat €1 order fee, free savings plans and interest on uninvested cash |
| Watch out for | Basic platform, no forex, and not open to US residents | EU only, an app-first service whose support has struggled with rapid growth, and tax reporting that varies by country |
| Accepts clients in | The EU | The EU |
Is DEGIRO cheaper than Trade Republic?
Both score 4/5 on Costs & Fees, so neither has a clear overall cost advantage on our measures; which is cheaper for you depends on what you trade, how often, and in which currency. Fees differ by country and account type and change often, so check both brokers’ current price lists before you choose.
Which is safer, DEGIRO or Trade Republic?
DEGIRO is regulated by BaFin (flatexDEGIRO Bank SE), with DNB and AFM overseeing the Dutch branch; Trade Republic by German bank licence, supervised by BaFin and the Bundesbank, with branches in several EU countries. Both score 4/5 on our Regulation & Trust measure. Which company holds your account, and which investor compensation scheme covers it, depends on where you live. Compensation schemes cover a broker failing, never investment losses.
Which is better for beginners?
On ease of use for a beginner, which sits outside the overall score, DEGIRO scores 3/5 and Trade Republic 5/5. Trade Republic is the gentler place to start.
Who each one tends to suit
DEGIRO
- Tends to suit
- Low-cost European investing
- Stands out for
- Among the lowest per-trade costs available in Europe
- Watch out for
- Basic platform, no forex, and not open to US residents
Trade Republic
- Tends to suit
- Low-cost EU investing & savings plans
- Stands out for
- A flat €1 order fee, free savings plans and interest on uninvested cash
- Watch out for
- EU only, an app-first service whose support has struggled with rapid growth, and tax reporting that varies by country
More head-to-heads
Scores and facts come from our own reviews as of September 2026 and follow one published methodology. Plain Investor has no commercial relationship with either broker. This is general education, not personal financial advice. Fees, features and regulation change, so confirm current terms with each broker before opening an account.