Widely known in Germany, Trade Republic has caught the attention of many Hungarian investors, with interest on uninvested cash, a slick and modern app, and low costs.
Want to know if Trade Republic is available in Hungary, whether it plans to launch there, and which alternatives Hungarian investors can use? We’ve got you covered!
Is Trade Republic available in Hungary? 🇭🇺
No, Trade Republic is not available in Hungary (as of September 2026).
Trade Republic keeps expanding in Europe (in September 2025, it launched in Poland, its first market outside the eurozone), but it hasn’t announced any plans to launch in Hungary.
When we tried to open an account, Hungary appeared as one of the unsupported countries:
Trade Republic is not available in Hungary
Where is Trade Republic available? 🌎
Trade Republic is currently available in 18 European countries: Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Slovakia, Slovenia and Spain.
Trade Republic alternatives in Hungary
- Interactive Brokers: best for experienced investors
- eToro: best for social trading
- Trading 212*: the closest alternative. Sponsored Code: new users can get free fractional shares worth up to 100 EUR with the code IITW. Terms apply
- Lightyear: best for interest and a free TBSZ account. New users get a free fractional share with the promo code INVESTINGINTHEWEB
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.
Terms apply, seek guidance if necessary. When you invest, your capital is at risk.
*Trading 212: When investing, your capital is at risk. Other fees may apply. See terms and fees. 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. Sponsored Code: to get free fractional shares worth up to 100 EUR, you can open an account with Trading 212 using the code IITW. Terms apply.
Conclusion
If you want to open a Trade Republic account from Hungary, you’re out of luck: it isn’t possible yet. However, any of the brokers above is a good choice.
Whether you value reputation and a wide product range (Interactive Brokers), social trading (eToro), a similar experience to Trade Republic (Trading 212) or a tax-advantaged TBSZ account (Lightyear), these alternatives are a good starting point. Explore their websites and decide for yourself.
If you haven’t found a match, check our comparison of online brokers available 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 a German investment app and bank that lets you invest in stocks, ETFs, bonds, derivatives and crypto, with savings plans from €1. It has more than 10 million customers in 18 European countries and over €150 billion in assets. Trade Republic is a fully licensed bank supervised by BaFin and the Bundesbank. Cash is protected up to €100,000 by the German deposit guarantee scheme, and your securities are held on your behalf, separately from Trade Republic’s own assets.
How does Trade Republic make money?
As economists like to say, “there is no such thing as a free lunch”. For years, Trade Republic earned part of its income through payment for order flow (PFOF): payments from the trading venues it sent its clients’ orders to, which creates a potential conflict of interest. The EU ban on PFOF has applied since June 30, 2026, so Trade Republic now relies on other income sources, namely:
- Interest: as a bank, Trade Republic earns interest on the cash its clients hold, and passes part of it on to them;
- Securities lending: brokers can lend clients’ securities to third parties in exchange for a fee. Borrowers use them for hedging, arbitrage or short selling, for example;
- Fees: the €1 external fee on one-off orders, card fees and fees on other services;
- Other services: such as its card, private markets and wealth products.
