Financial Spreads vs Trade Republic

Financial Spreads vs Trade Republic Comparison Table 2024
Financial Spreads	Trade Republic
Review Not Yet Rated	Review 2.8

Financial Spreads is a UK-regulated broker offering spread betting and CFDs.	Trade Republic is a German investment firm, with an intutive mobile app to trade stocks, ETFs, crypto, derivatives and more. The broker is regulated by the Federal Bank of Germany (BaFin) and provides commission-free execution on all assets. The brand has +1 million registered customers, with +€6 billion assets under management (AUM).
Comment by Reviewer
	"I think traders looking for an easy-to-use mobile trading app with auto investment options and savings plans should consider Trade Republic. However, after testing out the account, the lack of additional tools and resources was a major drawback for me."
Pros
	It's good to see that Trade Republic is authorized and regulated by the Federal Bank of Germany (BaFin) with €100,000 compensation available per investor I'm a fan of Trade Republic's sleek and modern mobile app with simple navigation and an easy-to-use interface I think the commission-free pricing model on all assets with $0 minimum deposit and $1 minimum investment makes the broker ideal for beginners Trade Republic offers a pretty impressive asset list including 8000+ international stocks, 500+ ETFs, 40,000+ derivatives and 50+ crypto coins I also like that interest payments are available on uninvested cash balances
Cons
	I think it's a shame that there's no demo account or any educational content on offer for beginners There are limited customer support options with no live chat or telephone contact My tests found that Trade Republic is only available to European residents
Instruments
Spread betting, CFDs	Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes	No
Minimum Deposit
£250	$0
Trading Platforms
Own	Own
Payment Methods
Credit Card Mastercard Visa Wire Transfer	Credit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA	BaFin, Bundesbank
Margin Trading
No	No
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
yes	iOS & Android
Copy Trading
No	No
Social Trading
No	No
Trade Signals
No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
	EUR
Commodities
Gold Silver	Gold Silver
CFD Trading
Buy and sell leveraged CFD contracts at Financial Spreads.	CFD trading not offered
Leverage
1:30
FTSE Spread
0.8
GBPUSD Spread
0.9
Oil Spread
3
Stocks Spread
variable
Forex Trading
Financial Spreads offers forex trading with 1:30 leverage.	Forex trading not offered
GBPUSD Spread
0.9
EURUSD Spread
0.7
EURGBP Spread
0.8
Assets
30+
Cryptocurrency
Trade three leading cryptocurrency coins.	Trade Republic offers a very good range of 50+ crypto coins such as Bitcoin, Ethereum and Ripple. I can trade 24/7 for as little as €1 and I'm pleased to see that cold wallet storage solutions are available for digital currency, regulated in Germany and Austria.
Spread
From 1 pip	Market
Coins
BTC XRP ETH	BTC ETH LTC BCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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