Trade Republic
Berlin broker that pays ECB rate on cash and hands out 1% saveback — a bank disguised as a savings plan.
Broker with full bank license; custodial crypto.
- Who holds it
- The company itself — it holds a full banking licence — German full banking license (2023).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Trade Republic’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Berlin, DE |
| Founded | 2015 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | German full banking license (2023) |
| Card | Visa · Debit |
| Cashback | 1% saveback |
| Yield | ~ECB rate on cash |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
| Countries | Germany, France, Spain, Italy, Netherlands, Austria, Belgium, Ireland, Portugal |
| Founders | Christian Hecker, Thomas Pischke, Marco Cancellieri |
| Funding | ~€1.2B raised |
Verified links: official site ↗ · privacy ↗ · @traderepublic ↗
Common questions about Trade Republic
What is Trade Republic?
Trade Republic is a fiat neobank, headquartered in Berlin, DE and founded in 2015. Your money is held custodially, so Trade Republic or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (German full banking license (2023)).
Does Trade Republic have a card, and where can you use it?
It issues a Visa debit card. It is available in 9 countries, across Europe.
Does Trade Republic require KYC?
Yes. Trade Republic requires identity verification (KYC) to open an account, as a licensed bank.
What does Trade Republic cost?
From the verified fields: cashback 1% saveback; yield ~ECB rate on cash. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Trade Republic before relying on them.
Early investors
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
Trade Republic appears in
Neobanks that hold their own banking license (132) · Neobanks available in Europe (144) · Neobanks that issue a Visa card (182) · Neobanks in Germany (8)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.