NicoFX vs Trade Republic

NicoFX vs Trade Republic Comparison Table 2021
NicoFX Trade Republic
NicoFX facilitates trading in forex and precious metals under CySEC regulation. 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 not accepted
United States Flag Traders from US not accepted
Awards
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
None None
Instruments
Forex, Metals Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$100 $0
Payment Methods
Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC BaFin, Bundesbank
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes No
DMA Account
Yes No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (EAs) No
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- EUR
CFD
CFD trading not offered Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:30
FTSE Spread
N/A Market
GBPUSD Spread
From 0.9 Market
Oil Spread
N/A Market
Stocks Spread
N/A Market
Forex
Start trading a long list of leading currencies with up to 1:30 leverage. Trade Republic offers derivatives trading on a range of currencies for its European clients.
GBPUSD Spread
From 0.9 Market
EURUSD Spread
From 0.9 Market
EURGBP Spread
From 0.9 Market
Assets
38 Limited
Cryptocurrency
Crypto trading not offered Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
Market
Coins
BTC, ETH, LTC, BCH
Binary Options
Binary options trading not offered Binary options are offered on popular financial markets.
Payout
Undisclosed%