Widely known in Germany and now serving over 10 million users across 18 European countries, Trade Republic has attracted attention from Czech investors thanks to its interest on uninvested cash, a modern app and low fees.
Want to know if Trade Republic is available in the Czech Republic, what its expansion plans are, and which alternatives are available to Czech investors? We have got you covered.
Is Trade Republic available in the Czech Republic? 🇨🇿
No, as of October 2026, Trade Republic is not available in the Czech Republic.
Trade Republic continues to invest in European expansion. It holds a full banking licence from the ECB granted in December 2023 and operates through Trade Republic Bank GmbH under BaFin and Bundesbank supervision. However, the company has not publicly announced any plans to enter the Czech market.
We attempted to open an account, and the Czech Republic appeared among the unsupported countries:
Trade Republic is not available in the Czech Republic
Worth noting for context: Trade Republic operates on a euro-denominated model, and its expansion has focused on eurozone markets, with Poland in September 2025 as its first market outside the eurozone. The Czech Republic’s use of the koruna adds a layer of complexity that may partly explain why it has not been prioritised, though the company has not commented on this.
Where is Trade Republic available? 🌎
As of October 2026, Trade Republic is available in 18 European countries: Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Poland, Slovakia, Slovenia, and Spain.
Trade Republic alternatives in the Czech Republic
- Interactive Brokers: Best for experienced investors
- eToro: Best for social trading and commission-free ETFs
- Trading 212*: The closest alternative, with a promo code offer for new users
*Sponsored Link: To get a free fractional share worth up to €100, you can open an account with Trading 212 through our sponsored link or with the promo code “IITW”. The value is random: there is an 80% chance it is worth €8 to €25, 15% for €25.01 to €50, 3% for €50.01 to €75 and 2% for €75.01 to €100. Terms apply.
When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results.
52% of retail CFD accounts lose money.
Capital at Risk. Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Terms apply.
When investing, your capital is at risk. If you enable interest, Trading 212 will hold your cash in qualifying money market funds and banks. Otherwise, your cash will be held only in banks. Interest applies on cash in an investment account. Terms apply.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Conclusion
If you were hoping to open a Trade Republic account from the Czech Republic, it is not currently possible. The alternatives covered above should serve Czech investors well, though.
A few points worth carrying into your decision:
- Currency handling: if you hold koruna, you will convert to euros or dollars at some point. That cost recurs on every deposit and often on withdrawal, so it frequently matters more than the trading commission itself.
- Regulation: none of these brokers is licensed by the Czech National Bank (ČNB) directly, but they passport into the Czech Republic under MiFID II (the EU Markets in Financial Instruments Directive). Confirm which entity holds your account and what investor compensation covers you, typically up to €20,000.
- Tax reporting: foreign brokers do not withhold Czech tax at source, so declaring investment income to the Finanční správa falls to you. Keep clear records of purchase dates and prices, because they decide whether you pay tax at all (see below).
How Czech investors are taxed on shares and ETFs
The Czech Republic has some of the most favourable rules in Europe for long-term investors, as of 2026:
- Time test: gains on shares and ETFs held for more than 3 years are tax-exempt. The CZK 40 million annual cap introduced in 2025 was abolished for shares from 1 January 2026.
- Small sales: if your total income from selling securities in a calendar year does not exceed CZK 100,000, it is exempt regardless of the holding period.
- Otherwise: gains are taxed at 15%, or 23% on the part of your tax base above CZK 1,762,812 in 2026.
Buy-and-hold investors who keep their ETFs for more than three years can therefore sell without paying Czech income tax, which makes keeping good records of each purchase date essential.
Whether you prioritise security and reputation or a commission-free platform, the alternatives above are a solid starting point. Explore their websites and decide for yourself.
If none is a match, you can also browse our comparison of online brokers by country.
Risk disclaimer: When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results.
FAQs
What is Trade Republic?
Founded in 2015, Trade Republic is an investment app that allows users to invest in stocks, ETFs, bonds, derivatives and crypto, plus savings plans covering these assets. It has more than 10 million customers and over €150 billion in assets across 18 countries. Trade Republic holds a full banking licence and is supervised by BaFin and the Bundesbank. Cash is protected up to €100,000 by the German deposit guarantee scheme, and client securities are held with a custodian, separate from Trade Republic’s own balance sheet.
How does Trade Republic make money?
As economists like to say, there is no such thing as a free lunch. Trade Republic historically earned a meaningful share of its income from payment for order flow (PFOF), which means being paid to route client orders to particular market makers, a practice that creates a potential conflict of interest between broker and customer.
That route has closed. The EU ban on PFOF took full effect on 30 June 2026, and from 1 July 2026 Trade Republic switched to a new “best price” execution model, with a €1 fee per order and €2 for “Direct Price” orders on a venue of your choice. According to the company, PFOF had made up less than 30% of its revenue. Its income now comes mainly from:
- Net interest income: with a full banking licence, Trade Republic earns a margin on customer cash, paying part of it back as interest and keeping the rest.
- Order fees: €1 per order under the best price model and €2 for Direct Price orders, while savings plan executions are free.
- Other charges: small corporate action and administrative fees.
