Trade Republic Overview
Pro stress-test →Trade Republic is a Berlin-based fintech founded in 2015 that started as a discount broker and has evolved into a fully licensed European bank. By April 2026 it served roughly ten million customers across 17 EU markets plus Poland and managed close to €150 billion in client assets and uninvested cash. It focuses on five core asset classes: stocks, ETFs, bonds, cryptocurrencies, and derivatives.
Strategic Profile
Pro stress-test →Trade Republic is built around one idea: make investing cheap and simple, with every trade settling for a flat EUR 1 fee under Best Price, where Trade Republic's own algorithm aggregates the order to the venue offering the best price. In January 2026, a Trade Republic subsidiary obtained a BaFin licence to operate a multilateral trading facility, giving the company an option to internalise more of its trading infrastructure after the phase-out of payment for order flow. In December 2025, a €1.2 billion secondary share sale valued the company at €12.5 billion, with existing investors including Founders Fund, Sequoia Capital, Accel, TCV and Thrive participating in the transaction.
Competitive Landscape
Pro stress-test →Trade Republic competes in the pan-European low-cost retail brokerage market against established platforms including Scalable Capital (active in German-speaking markets), Interactive Brokers (offers more advanced tools and global coverage), eToro (broader asset classes including cryptocurrencies), and regional neobrokers. According to the company, it is now Europe's largest broker. The competitive moat rests on user experience, integrated banking (full ECB licence), zero-fee savings plans, and fractional investing from €1.
Industry Context
Trade Republic operates in Online retail brokerage and discount brokers.
Key facts
Founded: 2015 · Headquarters: Berlin, Germany · Employees: 1,339 (as of May 31, 2026) · Revenue: Not publicly disclosed · Market cap: $14.7B (December 2025 valuation)