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).
Gemini is a crypto exchange offering 90+ cryptocurrencies, a native stablecoin and derivative trading via perpetual swaps. The two proprietary platforms will suit beginners and experienced traders, execution is fast with low slippage and fees are competitive.
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."
"Gemini is a great platform for traders looking for a straightforward way to trade crypto derivatives in a secure environment."
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
High security with 2FA a requirement for all crypto investors
The app has a high-end design and intuitive interface
There is a wealth of education, guides and tutorials suitable for both beginners and novice investors
Gemini has won various awards in recent years, including the 2019 Markets Choice Awards: Best Cryptocurrency Exchange
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
Trading on margin is not supported
There is a 3.49% card deposit fee
Some of the top coins by market cap are not available to buy through Gemini
There is no practise profile or demo account for prospective traders
Best Cryptocurrency Exchange 2019 - Markets Choice Awards
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.
Gemini offers 90+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin. The powerful ActiveTrader platform is optimized for online trading, and the broker offer perpetual swap derivatives.