How the Trade Republic Reliability Score is built
8.0/10Every part is scored with the same published method. Points are given only for facts confirmed from a public source. How we rate
Pros
- MiCA passport for 30 of 30 EEA countries
- Operating since 2015
- 50+ crypto-assets
- Staking available
Cons
- Euro withdrawal fee not published
- Proof of reserves not confirmed
- Withdrawal allow-list not confirmed
MiCA authorisation
Authorised- EU entityTrade Republic Bank GmbH
- LEI5299009IFX1XTKDY4568
- RegulatorFederal Financial Supervisory Authority (BaFin)
- Home stateGermany
- Authorised28 April 2025
- Passport30 of 30 EEA countries
Authorised MiCA services (4)
- Custody of crypto-assets
- Order execution
- Reception and transmission of orders
- Transfer services
Source: ESMA interim MiCA register, downloaded 24 October 2026. How to check a licence
Company and track record
- Founded2015
- Registered addressBrunnenstraße 19 - 21 10119 Berlin
Fees
Fee schedule ↗Try the fee calculator to see what one purchase costs in total.
Payments
Deposit methods are shown in the app before you pay.
- EUR withdrawalBank transfer to the reference account
Coins and products
- TypeBroker app
- Coins50+
- StakingYes
- Crypto withdrawalsYes
Account security
- Two-factor authenticationYes
- Withdrawal address allow-listNot confirmed
- Proof of reservesNot confirmed
"Not confirmed" means we could not confirm the feature from a public source; it does not mean the feature is missing.
Identity checks (KYC)
RequiredTrade Republic verifies the identity of every customer before trading, as EU anti-money laundering rules require.
Where Trade Republic is available under MiCA
Checking your location…Notified in 30 EEA countries
Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
A MiCA passport means the firm may offer its services in that country; it can still choose not to accept customers from every country.
Trade Republic review: a bank as crypto broker
Trade Republic Bank GmbH is a bank supervised by BaFin, and crypto is one product next to shares, funds and savings.
Its register entry covers custody, order execution, reception and transmission of orders and transfer services.
According to its documentation, crypto transactions use wallets approved at the provider level; a withdrawal address allow-list that the user controls could not be confirmed.
Trade Republic states that login and trading are protected with two-factor authentication, with the paired device as the second factor after the PIN.
Trade Republic review: fees and euro withdrawals
Trade Republic publishes a pricing scheme, linked in the sources below.
Crypto trades are commission-free apart from a €1 external settlement cost per trade, according to its help centre.
Money can be withdrawn to your reference bank account in the app, but the fee for this was not stated in the sources checked, so the withdrawal fee point is not given.
Crypto can also be transferred to and from external wallets without Trade Republic fees, apart from network fees.
Card cash withdrawal fees are a separate matter and are not part of this score.
Trade Republic review: how the Reliability Score was calculated
The Trade Republic Reliability Score is 8.0 out of 10, rated Very good, calculated with the same published method as every other exchange.
| Part | Points | Basis |
|---|---|---|
| MiCA licence | 3 / 3 | Authorised by BaFin, passport notified for 30 of 30 EEA countries |
| Track record | 2 / 2 | Operating since 2015 |
| Transparency | 0.5 / 1 | Fee schedule published; proof of reserves not confirmed from a public source |
| Identity checks | 1 / 1 | Identity verification (KYC) required before trading |
| Account protection | 0.5 / 1 | Two-factor authentication available; withdrawal address allow-list not confirmed from a public source |
| Euro withdrawals | 1 / 2 | Euro withdrawals to a bank account: Bank transfer to the reference account; fee not confirmed from a public source |
Points are given only for facts confirmed from a public source; "not confirmed" means we could not confirm a feature, not that it is missing.
Trade Republic review: compared with similar MiCA providers
Comparing Trade Republic with three similar providers shows where it stands on regulator, passport and Reliability Score.
| Exchange | Type | Regulator | EEA countries | Reliability Score |
|---|---|---|---|---|
| Trade Republic | Broker app | BaFin | 30 | 8.0 |
| Revolut | Broker app | CySEC | 29 | 9.0 |
| Robinhood | Broker app | LSC | 30 | 7.5 |
| eToro | Broker app | CySEC | 30 | 9.0 |
Register facts from ESMA; Reliability Scores calculated with the published method.
Use the table to shortlist, then compare the actual cost of your purchase with the fee calculator below.
Trade Republic review: what a purchase would cost
The trading fee for Trade Republic depends on the screen and product you use, so enter the fee you see in the app before you buy.
Trade Republic review: who it may suit
Trade Republic may suit people who want crypto in the same app as their other investments, from a bank supervised in Germany.
A withdrawal address allow-list, a proof of reserves and the withdrawal fee could not be confirmed publicly, which keeps its score below many rivals.
Trade Republic review: related guides and tools
Frequently asked questions
Is Trade Republic MiCA-authorised?
Yes. Trade Republic Bank GmbH appears in ESMA's register, supervised by BaFin, with a passport for all 30 EEA countries.
Why is the Trade Republic score lower?
Because a withdrawal allow-list, a proof of reserves and the cost of euro withdrawals could not be confirmed from public sources.
Is Trade Republic a bank?
Yes, Trade Republic Bank GmbH is a German bank.
How is the Trade Republic Reliability Score calculated?
With six published parts worth ten points in total: MiCA licence, track record, transparency, identity checks, account protection and euro withdrawals. The score block on this page shows the points for each part.
Sources
Every figure on this page is checked against the ESMA register, the exchange's own terms and fee pages or another primary source, and the sources are listed above. Editorial policy · How we rate