Interactive Brokers vs Trade Republic

Interactive Brokers vs Trade Republic Comparison Table 2021
Interactive Brokers Trade Republic
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$10000 $0
Payment Methods
ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA BaFin, Bundesbank
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
Yes Yes
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
No No
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF EUR
CFD
Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:50
FTSE Spread
0.005% (£1 Min) Market
GBPUSD Spread
Commission (.20 pts x trade value) Market
Oil Spread
N/A Market
Stocks Spread
From 0.003 per share, variable Market
Forex
Trade Republic offers derivatives trading on a range of currencies for its European clients.
GBPUSD Spread
Commission (.20 pts x trade value) Market
EURUSD Spread
Commission (.20 pts x trade value) Market
EURGBP Spread
Commission (.20 pts x trade value) Market
Assets
70+ Limited
Cryptocurrency
Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
Market
Coins
BTC, LTC, ETH, XRP BTC, ETH, LTC, BCH
Binary Options
Binary options trading not offered Binary options are offered on popular financial markets.
Payout
Undisclosed%