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XTB vs Trade Republic: 2024 Comparison

Franklin Silva| Updated January 3rd, 2024

Are you confused about whether to choose XTB vs Trade Republic as a broker for your investing needs?

In this side-by-side comparison, we analyse XTB vs Trade Republic to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

XTB vs Trade Republic: 2024 Comparison 1
Visit XTBAsset 3

76-85% of retail CFD accounts lose money.

Ideal for
Commission-free ETFs and CFDs trading

XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.

xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.

On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).

Trade Republic Logo
Visit Trade RepublicAsset 3

Investing involves risk of loss.

Ideal for
Creating saving plans with stocks/ETFs

Trade Republic is a discount broker based in Berlin, Germany. It focuses on four types of financial assets: stocks, ETFs, cryptocurrencies, and derivatives.

It uses the motto “From the people, for the people” to express its commitment to its customer by selling itself as a “no order fee” platform.

Nonetheless, a €1 external fee is applied in every single trade (Except saving plans), meaning that in practice, you will charge at least €2 (€1 for buying and another €1 for selling).

Pros and Cons

Pros

  • Free stock and ETF trading
  • Customizable trading platform (charts and workspace)
  • Low Forex Spreads
  • Demo account
  • No minimum account deposit
  • Valuable education materials
  • Top-tier Regulators

Cons

  • Complex trading platform for a beginner
  • High Stock CFD spreads
  • Limited product portfolio
  • Withdrawal fees for transfers below $100
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)

Pros

  • Automatic saving plans
  • Invest from only €1
  • No minimum deposit
  • Direct debit in the share-saving plans
  • Supervised and regulated by a top-tier regulator
  • Interest paid in idle cash balances

Cons

  • €1 flat external fee in every single trade (Except saving plans)
  • No demo account
  • Only one base currency (EUR)
  • No access to US Stock Exchanges
  • Currency conversion fees apply
XTB vs Trade Republic: 2024 Comparison 2
Trade Republic Logo
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on uninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • XTBAsset 3

    76-85% of retail CFD accounts lose money.

  • General Information
  • Founded in2002
  • Demo Account
  • Account Minimum€/$/£1
  • Interest on uninvested cash (annually)EUR: 3.80% first 90 days, then 2.00% (quoted annually); USD: Up to 5%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Forex, Indices, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • EU stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • ETFs€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • CryptocurrenciesNot Applicable**Spreads from 0.22% on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€10/month**After 1 year login inactivity and if no deposit was made in the previous 90 days.
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0.50%
  • Security
  • RegulatorsFCA, KNF, CySEC, DFSA and FSC
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 for clients under XTB SA; Up to £85,000 for clients under XTB Limited.

  • Trade RepublicAsset 3

    Investing involves risk of loss.

  • General Information
  • Founded in2015
  • Demo Account
  • Account Minimum€/$/£0
  • Interest on uninvested cash (annually)EUR: 4%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/$/£0**+ €1 settlement fee per trade
  • EU stocks€/$/£0**+ €1 settlement fee per trade
  • ETFs€/$/£0**+ €1 settlement fee per trade
  • Cryptocurrencies€/$/£0**+ €1 settlement fee per trade
  • Custody Fee-
  • Inactivity Fee€0
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsBaFin
  • Investor Compensation Scheme(per person, per institution)

    Securities: up to €20,000 (from non-returned assets up to 90%); Cash balance: up to €100,000

Franklin Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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