Trade Republic Available Countries
Summary: Trade Republic is a leading European neo-broker, serving over two million customers across 17 countries, including Germany, Austria, and France, but not currently in the UK. Regulated by Germany's BaFin, the platform offers commission-free trading in stocks, ETFs, and cryptocurrencies, with a focus on low-cost services and user-friendly digital solutions.
What Countries is Trade Republic Available?
Trade Republic, a popular European stock trading app, provides commission-free services that include trading in stocks, ETFs, and cryptocurrencies. Regulated by Germany’s Federal Financial Supervisory Authority (BaFin), the app mainly serves the German market but is also accessible in additional European countries.
Beyond Germany, Trade Republic is available in Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Portugal, Slovakia, Slovenia, and Spain. It's crucial to remember that the specific products available can differ by country.
Will Trade Republic Expand to the UK?
As of now, there are no official plans for Trade Republic to expand its operations to the UK. The platform already serves numerous European countries like Germany, Austria, and France, but the UK is not currently among them.
For Trade Republic to launch in the UK, they would have to comply with local regulatory standards and secure appropriate licenses from the UK's Financial Conduct Authority (FCA). Additionally, the service offerings would need to be customized to meet the specific needs and preferences of UK investors.
Trade Republic Licenses
Trade Republic is authorized as an investment firm in Germany, under the supervision of the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank. This authorization permits Trade Republic to operate across various European countries.
Additionally, Trade Republic is actively expanding its presence in Europe. For example, the company recently obtained a license from the Organismo degli Agenti e dei Mediatori (OAM) in Italy, enhancing its ability to offer digital asset services.
About Trade Republic
Trade Republic, founded in 2015 and based in Berlin, is a modern neo-broker offering trading on stocks, ETFs, and cryptocurrencies via a simple mobile and desktop app. Supported by top venture capital firms and servicing over two million customers across 17 European countries, it has established itself as a leader with low fees, just €1 for most transactions.
The platform, which provides interests on uninvested cash and features like fractional shares and automated savings plans, operates exclusively through the Lang & Schwarz Exchange without engaging in high-risk trading options like futures or CFDs.
Bottom Line
In conclusion, Trade Republic stands as a significant player in the European neo-broker landscape, offering a streamlined trading experience across multiple countries with a commitment to low fees and innovative financial solutions. Though not currently available in the UK, the platform remains focused on adhering to strict regulatory standards and expanding its offerings, with recent licensing achievements enhancing its scope in Europe.
With over two million customers and a presence in 17 countries, Trade Republic continues to evolve, providing diverse financial products efficiently tailored to meet the varying needs of its European clientele.