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    TRADE REPUBLIC

    • China China
    • 1-2 years
    • Suspicious Regulatory License
    • Non MT4/5 Software
    • Suspicious Scope of Business
    • High potential risk
    WikiFX Score
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    Licenses

    No valid regulatory information

    Please be aware of the risk!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free
    Warning: Low score, please stay away! 1
    2022.05.22

    It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    Broker Information
    • Company Name

      TRADE REPUBLIC

    • Regulatory Status

      No Regulatory

    • Company Abbreviation

      TRADE REPUBLIC

    • Country/Region

      China

    • Phone of the company

      --

    • Company address

      --

    Customer Service Email Address
    • --

    TRADE REPUBLIC

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    TRADE REPUBLIC

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    WikiFX·pyramid scheme complaint
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    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    TRADE REPUBLIC
    * Contact number
    0086
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    *Reporting Reasons

    *Enter your reason
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    TRADE REPUBLIC · Company summary

      BASIC INFORMATION:

      Trade Republic is a German-based online stockbroker that was founded in 2015 and has been making waves in the news. Labelled as Europes first mobile-only, commission-free broker, Trade Republic offers European, American and Asian stocks and ETFs, along with a range of derivatives and blockchain tokens.

      REGULATORY INFROMATION: LICENSE

      No valid regulatory information

      Please be aware of the risk!

      MARKET

      Trade Republic clients have access to three classes of tradeable assets. The first is exchange-traded securities, such as spot stocks and ETFs, of which there are over 8,000 German and international stocks and 500 ETFs based on stocks, indices, commodities and currencies. Fractional shares and penny stocks are both available for investing.

      The second asset class is derivatives; Trade Republic boasts more than 40,000 derivatives, such as CFDs on stocks, indices, currencies and commodities.

      Trade Republic also introduced cryptocurrency trading for German investors in the first quarter of 2021. Clients can buy and either hold or sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Despite the brokers strong following on social media, including Twitter and Reddit, popular cryptocurrencies like Dogecoin (DOGE) and Ripple (XRP) are not offered.

      All asset types can be traded using market orders, limit orders and stop orders

      SPREADS & COMMISSIONS

      Trade Republic claims to be commission-free on all its assets. However, there is a €1 lump fee per trade settlement for third-party costs, regardless of volume.

      ACCOUNT TYPES

      Trade Republic only has one account option that offers access to all of its brokerage services. Every asset type can be invested in using just one account, which makes diversifying your portfolio simpler and removes common entry barriers for lower-capital clients.

      DEPOSITS & WITHDRAWALS

      Trade Republic supports only a few options for funding and emptying their trading accounts. Bank wire transfers will take between one and three working days to clear. Other deposit and withdrawal methods include credit and debit cards (Visa or Mastercard), Google Pay and Apple Pay, for all of which your payment will clear immediately.

      TRADING PLATFORMS

      Trade Republic was built with mobile-only trading services in mind, spending years crafting an application on which its clients can trade securities, derivatives and cryptos with ease. The trading platform can be downloaded onto iOS and Android (APK) devices and brings an easy-to-use interface and decent functionality.

      Trade Republic Pros

      · No commission

      · No minimum deposit

      · Impressive asset range

      · Client capital insurance of €100,000

      · Supported by major banking institutions

      · Sleek, easy-to-use mobile trading platform

      · No transaction, inactivity or commission charges

      · Owns an official banking license, making it both a Securities Trading Bank and a broker

      Trade Republic Cons

      · No demo accounts

      · No leveraged trading

      · Mobile platform only

      · No educational resources

      · Limited accepted country list

      · Limited customer support options

      TRADING HOURS

      Trade Republic offer some of the most extensive trading hours of licensed and regulated European stockbrokers. All securities can be traded between 07:30 GMT+2 and 23:00 GMT+2, derivatives trading is supported between 09:00 GMT+2 and 22:00 GMT+2 while cryptocurrency trading is available 24/7.

      CONTACT DETAILS

      Trade Republic customer service is limited, with an FAQ section on their website and the teams English and German email addresses below as their only offerings. Alternatively, you can contact the broker via post at its headquarters in Berlin, whose address is below.

      · English Email: service@traderepublic.com

      · German Email: beschwerde@traderepublic.com

      · Address: Trade Republic Bank GmbH, Kastanienallee 32, 10435, Berlin

      ACCEPTED COUNTRIES

      Trade Republic only accepts traders from Germany, France, Austria.

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    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

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