Not sure whether to choose Revolut Trading or Trade Republic for your investments?
In this side-by-side comparison of Revolut Trading vs Trade Republic, we look at how the two apps compare on fees, products, interest on cash and safety, so you can decide which one suits you best.
Below, you’ll find a comparison table, the pros and cons of each broker, and how your cash and investments are protected.
Revolut Trading vs Trade Republic
- Revolut is best for beginners who want an all-in-one app for everyday banking and occasional investing.
- Trade Republic is best for long-term investors who want free savings plans, low flat fees and interest on cash.
Both are low-cost and easy to use. If investing is your main goal, we prefer Trade Republic: savings plans are free, each trade costs a flat €1, and new clients get 3.00% interest on cash up to €50,000.
If you already use Revolut for banking and only trade occasionally, Revolut is a convenient option, as long as you stay within your plan’s free monthly trades.
Side-by-side comparison
| Revolut Trading | Trade Republic | |
| Stocks and ETFs | Free trades each month by plan1 (Standard), 3 (Plus), 5 (Premium), 10 (Metal and Ultra). Then 0.25% (min. €1), or 0.12% with Ultra or Trading Pro. | €1 per orderExternal cost per trade. Savings plans are free. US exchanges via Direct Price cost €2 per order. |
| Savings plans | Yes (recurring buys, trade fees apply outside the free allowance) | Yes, free |
| Currency conversion | Free up to €1,000 a month on Standard (then 1%), €3,000 on Plus (then 0.5%), no fair usage fee on Premium and above. Weekend fees may apply. | None when you trade in EUR |
| Interest on cash (EUR) | Instant Access Savings: rate depends on plan and country (in Spain, 1.15% AER on Standard to 2.27% AER on Ultra) | 3.00% for new clients up to €50,000 (not in Germany), ECB deposit rate for existing clients |
| Products | Stocks, ETFs, crypto, precious metals and money market funds | Stocks, ETFs, bonds, crypto, derivatives and savings plans |
| Account minimum | €0 | €0 |
| Demo account | No | No |
| Deposit protection | €100,000 (Lithuanian deposit insurance, Revolut Bank UAB) | €100,000 (German deposit guarantee scheme) |
| Investor protection | Up to €22,000 (Lithuanian Liabilities to Investors Insurance Scheme) | 90% up to €20,000 (German scheme) |
| Regulators (EEA) | Bank of Lithuania (and ECB for Revolut Bank UAB) | BaFin and Deutsche Bundesbank |
Sources: Revolut and Trade Republic websites and fee documents, checked in September 2026. Fees and rates may differ by country and plan.
About Revolut Trading
Revolut started as a digital banking app designed to cut the fees of traditional banks. It is now a licensed bank in the EU (Revolut Bank UAB, in Lithuania) and in the UK.
Besides banking, the app lets you invest in stocks, ETFs, cryptocurrencies and precious metals (gold and silver). In the EEA, investment services are provided by Revolut Securities Europe UAB, regulated by the Bank of Lithuania.
Each Revolut plan includes a number of commission-free trades a month: 1 on Standard, 3 on Plus, 5 on Premium and 10 on Metal and Ultra. After that, trades cost 0.25% of the order value (minimum €1), or 0.12% with Ultra or the Trading Pro add-on.
For a more in-depth analysis, read our Revolut Trading review.
Revolut Trading pros and cons
Pros
- Simple trading platform
- Easy account opening process
- At least, one free trade per month
- Low trading commissions
- No inactivity fee
- Portfolio transfers now supported (stocks and crypto)
Cons
- Limited range of investment instruments
- Investments not covered by the Financial Services Compensation Scheme
About Trade Republic
Trade Republic is a German bank and broker based in Berlin, supervised by BaFin and the Deutsche Bundesbank. It offers stocks, ETFs, bonds, cryptocurrencies, derivatives and savings plans, as well as a current account and card.
It doesn’t charge commissions, but a €1 external cost applies to each trade, except savings plans. In practice, buying and selling a position costs at least €2. Trades on US exchanges through Direct Price cost €2 per order.
For a more in-depth analysis, read our Trade Republic review.
Trade Republic pros and cons
Pros
- Automatic saving plans
- Interest paid in idle cash balances
- Invest from only €1
- No minimum deposit
- Direct debit in the share-saving plans
- Supervised and regulated by a top-tier regulator
- Has a banking license - deposits are protected by deposit guarantee scheme
Cons
- €1 flat external fee in every single trade (Except saving plans)
- No demo account
- Only one base currency (EUR), except in Poland where it accepts Zloty.
- No direct access to US Stock Exchanges - you might not be able to buy some popular US-listed companies, such as Reddit
- Currency conversion fees apply
- Engages in PFOF - Payment for Order Flow
Interest and deposit protection
Revolut
Revolut is an EU-licensed bank, so eligible deposits are protected up to €100,000 by the Lithuanian deposit insurance scheme. Coverage can vary depending on your country and the Revolut entity you use.
Revolut pays interest through its Instant Access Savings account, which is a bank deposit. The rate depends on your plan and country. In Spain, for example, it ranged from 1.15% AER on Standard to 2.27% AER on Ultra in September 2026. Revolut also runs time-limited boosted rates for new clients in some countries.
Revolut also offers money market funds. These are investments, not deposits, so they are not covered by deposit insurance and their value can fall.
Your investments have a separate protection. According to Revolut’s help centre, Revolut Securities Europe UAB keeps clients’ assets segregated from its own, so they are not affected if the company goes bankrupt. It also takes part in the Lithuanian Liabilities to Investors Insurance Scheme, which protects money and instruments in your investment account up to €22,000 if the company is liquidated and fails to return your assets. This does not cover losses from market movements.
Want to know more? Read our article on Revolut’s interest offer.
Trade Republic
Trade Republic is itself a German bank, so cash held as a deposit is protected up to €100,000 by the German deposit guarantee scheme.
New clients get 3.00% a year on up to €50,000 (the offer is not available in Germany). Existing clients earn the ECB deposit facility rate, which rises from 2.25% to 2.50% on 16 September 2026.
Part of the cash can be invested in money market funds. These are investments, not deposits: they are not covered by deposit insurance, but they are held separately from Trade Republic’s assets. If Trade Republic failed and could not return your securities, the German investor compensation scheme would cover 90% of the loss, up to €20,000.
Want to know more? Read our article on Trade Republic’s interest rate.
How to invest in the S&P 500 on Revolut and Trade Republic
Want to learn how to invest in the S&P 500 on Revolut and on Trade Republic? Watch our step-by-step videos below. They can also help you decide which app you find easier to use:
Trade Republic vs Revolut Trading: our verdict
Revolut Trading
Best for beginners who want banking and investing in one appTrade Republic
Best for long-term investors and free savings plans with stocks/ETFs
Choosing between these two brokers isn’t always obvious. The main differences are the fee model (a free monthly allowance at Revolut versus a flat €1 per trade at Trade Republic), the product range and the interest on cash.
If you trade only once a month, Revolut’s Standard plan can be cheaper. If you invest regularly, or want free savings plans and bonds, Trade Republic is usually the better fit.
The best broker for you depends on your profile, preferences and goals. Want to compare more options? Explore our broker reviews, comparison table and BrokerMatch tool.
Disclaimer: When investing, your capital is at risk and you may get back less than you invest. Past performance doesn’t guarantee future results. Crypto-assets are high-risk and volatile, you could lose your invested capital, and they are not covered by protection schemes.
