Trade Republic experiences & test 2023: Is the broker reputable?

Trade Republic experiences & test 2023: Is the broker reputable?

A look at the homepage: The Trade Republic experiences go almost exclusively in one direction

If you are looking for Trade Republic experiences, you will notice that the website is also illuminated here. This is mainly because the broker seems to have really put some thought into usability. Thus, the Trade Republic test proves that the homepage was well structured and follows an almost classic structure. The contents of the page are then staged with the colors black and white. However, there is an insight only after you have registered. The various trading options such as custody account offers will be available only then.

In the end, however, this does not affect the Trade Republic rating. Ultimately, it’s about the fact that the Trade Republic test deals with how the homepage affects registered users – and this is where the Trade Republic can convince.

This means that even as a beginner who has never had anything to do with the subject, you will not have any difficulties. The homepage may have performed well in the Trade Republic test; the Trade Republic experiences also go in the direction that the homepage convinces.

In conclusion, it can be said that the role of the homepage may only be of limited importance for the final Trade Republic evaluation. But to be fair, it should be noted that there is a plus point, as care was taken here to design an apparent page. They try to be transparent and skillfully stage all important areas. Not every broker can do that.

Those who anticipate receiving a variety of various depots during registration are likely to be disappointed: The Trade Republic test indicates that there is only one depot at Trade Republic as opposed to Trading 212, meaning that you are only able to select the accessible account and are not required to deal with any advantages or disadvantages beforehand. The Trade Republic testimonials show that registering merely takes a few minutes and won’t be difficult for a novice.

There is no Trade Republic demo account, it should be emphasized. The Trade Republic rating may suffer as a result of this. Safe trading would be possible to start with a Trade Republic demo account since

Savings must be invested right away because this choice is not available.

Given that there is only one depot or account, the question of whether this alternative can likewise persuade needs to be answered. Yes. Its sufficiency is demonstrated by the Trade Republic test. Because Trade Republic has addressed every aspect of the account that is crucial for both new and experienced traders. For the Trade Republic rating, this is quite encouraging.

The Trade Republic test with a view to the trading platform

The Trade Republic experience has also been positive in this area. If you want to gain Trade Republic experience yourself, you have to download the free app from the respective store at the beginning. For Android, the Trade Republic app is available in the Google Play Store, and for iOS in the Apple App Store. The installation takes only a few moments. You can see how the app compares to other brokers in our article Trading Apps.

The trading platform, which is proven not only by the Trade Republic test as well as the many Trade Republic experiences, convinces. Because here there is a clearly structured market overview, you can easily take a look at your own account at any time and use various functions that can maximize profit and reduce risk on the one hand. Furthermore, there is news as well as the possibility to have price alerts sent to you. This means that with the trading platform, you can no longer miss any interesting market developments.

The payment methods in the Trade Republic test

From the very beginning, it is made clear that there is only one deposit method at Trade Republic compared to Scalable Capital: the SEPA bank transfer. This means that if you want to capitalize your account with a credit card, an eWallet or even with PayPal, you will be disappointed. However, Trade Republic makes no secret of this fact – and this openness is definitely a positive point for the Trade Republic rating.

It is important that the bank account from which the transfer is made is in the name of the custody account holder. This is the only way to comply with the regulations against money laundering. This is also the reason why no transactions can be carried out from a business account. If a name discrepancy is detected, the transferred amount will be remitted.

The fact that the broker Trade Republic is reputable can already be determined at this point. Because the Trade Republic test clearly shows that the deposit methods adhere very strictly to the law – this is at the expense of diversity, but in the end the SEPA transfer may be a secure variant that can probably be used by every trader.

The transfer of the credit is also carried out to the deposited reference account. Transfers usually take two to three working days – regardless of whether the account is to be capitalized or a balance is to be paid out from the Trade Republic account to the reference account.

If you look at one or the other Trade Republic experience, you will notice that there are no critical reports in the area of customer support. Above all, because the online help offered dominates and convinces. As a trader, you can contact us via live chat. The advantage? Here you get the answer or solution presented within minutes. Furthermore, there is also the possibility of contacting us by telephone.

The Trade Republic testimonials are consistently positive. This means that the customer service was able to pass the Trade Republic test – and that means a positive Trade Republic rating. After all, customer service must not be neglected under any circumstances. Because if difficulties or problems actually arise and the FAQ area does not help, then it is important that you are presented with a quick answer or problem solution.

If you look at one or the other Trade Republic experience, you will notice that there are no critical reports in the area of customer support. Above all, because the online help offered dominates and convinces. As a trader, you can contact us via live chat. The advantage? Here you get the answer or solution presented within minutes. Furthermore, there is also the possibility of contacting us by telephone.

The Trade Republic testimonials are consistently positive. This means that the customer service was able to pass the Trade Republic test – and that means a positive Trade Republic rating. After all, customer service must not be neglected under any circumstances. Because if difficulties or problems actually arise and the FAQ area does not help, then it is important that you are presented with a quick answer or problem solution.

Under “Knowledge & Help” there is some information about some underlying assets, trading hours and the rules. In the end, however, the additional offers, which are also confirmed by the Trade Republic experience, may not convince. In addition, there is no Trade Republic demo account. This means that you have to invest your savings immediately.

For the Trade Republic overall rating, the lack of a demo account may not be an advantage. However, a lack of a demo account should not weigh so heavily that you forget the other advantages that Trade Republic offers.

It is important, and this should be mentioned at this point, that the lack of a Trade Republic demo account means that it is not possible to get to know the market safely. For this reason, if you plan to work with stocks, it may be advisable to invest only freely available money. Because the dangers should not be underestimated. Beginners in particular should be particularly careful here.

Tired of the European Central Bank’s zero-interest rate policy? That is quite understandable. The alternative? Shares. And this is where Trade Republic may well be convincing. Because in the course of the Trade Republic test, it was found that the offer and price fit together wonderfully. Trade Republic, therefore, convinces with an excellent price-performance ratio.

The trade offer

The Trade Republic test shows that around 6,500 titles are offered here. And the Trade Republic experience is about the fact that this diversity is also extremely sufficient. Above all, the Trade Republic testimonials are also about the fact that the trader has the possibility to categorize the securities according to certain characteristics – such as the country or the industry.

There are a particularly large number of securities from the USA. Around 1,000 stock corporations are offered here. In addition, there are around 400 securities from Germany. However, British, Canadian, French as well as Japanese stock corporations, and Swiss stocks are also available. This means that you can definitely achieve broad diversification here – especially if you pay attention to regionality.

But the provider was also able to convince the industries. In the course of the Trade Republic test, for example, it was found that stocks from the areas of finance such as banking as well as software and the Internet are available here.

Of course, even if the offer is convincing, one should not neglect the Trade Republic costs such as Trade Republic fees. This is because high Trade Republic fees could ensure that there is an automatic reduction in profits.

The Trade Republic test has shown that individual securities can even be traded without commission. In addition, there are no custody fees. There are also no negative interest rates. That is, the Trade Republic costs are very low.

According to Trade Republic’s testimonials, private traders can work flexibly on the stock exchange. Trading is available from Monday to Friday, from 7:30 a.m. to 23:00 p.m. On Saturday, trading is possible between 10 a.m. and 13 p.m.; Sunday between 17 p.m. and 19 p.m. The trader thus has maximum flexibility.

The offer that the Trade Republic offers here may very well fall into the category of attractive. Above all, Trade Republic scores with the fact that a correspondingly broad diversification can be achieved here. All those who like to work with shares, as the Trade Republic experience also proves, will be thrilled. Since the Trade Republic fees remain low and thus the Trade Republic costs remain low – and with a really good offer.

The offer as well as the Trade Republic fees such as Trade Republic costs are crucial points when it comes to the question of what the Trade Republic valuation looks like in this area. The Trade Republic test shows that the provider is 100 percent convincing in the area of ETFs – this is also proven by the many Trade Republic testimonials.