Broker comparison

Freedom24 vs.
TradeRepublic

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

Oversight: Freedom24: CySEC (Cyprus), licence 275/15; TradeRepublic: BaFin. Freedom24: Yes, listed options: US. TradeRepublic: Limited. Freedom24 has been in the market since 2008, making it the more experienced provider.

Access to US and EU exchanges with real options and savings plans

German neobroker with app and web access

At a glance

The key differences

Criterion
PlatformsFreedom24 App, Freedom24 WebTrade Republic App, Web Terminal
Product typesStocks, ETFs, Options, Bonds, FuturesStocks, ETFs, Bonds, Derivatives, Crypto
Options tradingYes, listed options: USLimited
Fee modelUS: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per orderBest price: €1 per trade; direct price: €2
Minimum deposit0 €0 €
RegulationCySEC (Cyprus), licence 275/15BaFin
More informationDetailsDetails

Platforms

Freedom24

Freedom24 App, Freedom24 Web

TradeRepublic

Trade Republic App, Web Terminal

Product types

Freedom24

Stocks, ETFs, Options, Bonds, Futures

TradeRepublic

Stocks, ETFs, Bonds, Derivatives, Crypto

Options trading

Freedom24

Yes, listed options: US

TradeRepublic

Limited

Fee model

Freedom24

US: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order

TradeRepublic

Best price: €1 per trade; direct price: €2

Minimum deposit

Freedom24

0 €

TradeRepublic

0 €

Regulation

Freedom24

CySEC (Cyprus), licence 275/15

TradeRepublic

BaFin

More information

Freedom24

Details

TradeRepublic

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Terms by market

US
Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order
Minimum deposit
0 €
Spread figure
Stocks from $0.02/share + $1.20/order (Smart plan), up to 8.3% interest on USD balance
See terms at provider

Best price: €1 per trade; direct price: €2

Published fee
Best price: €1 per trade; direct price: €2
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at Freedom24 and TradeRepublic, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioFreedom24TradeRepublic
ETF savings plan, ≈ €200 a month€2.04No savings plan in fee schedule; single buy on Smart: €2 + €0.02/share (≈2 shares at €100)€0ETF/stock savings plan purchase free per execution
10 stock buys of ≈ €1,000 a month€22Smart: €2 + €0.02/share; at 10 shares of €100 = €2.20 × 10 (depends on share count)€10€1.00 third-party cost flat fee per trade × 10
10 US option contracts a monthUS$6.50Smart: $0.65 per contract × 10, no per-order fee—No listed options offered
One BTC purchase of ≈ €1,000—No spot crypto in fee schedule€1Commission-free; €1 flat fee per transaction; spread not published
Custody and account fee per year€0Smart: no monthly fee; no custody fee for trading account€0Custody and cash account free

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: freedom24.com · assets.traderepublic.com · support.traderepublic.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsFutures
StocksETFsBondsDerivativesCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Freedom24 App · Freedom24 Web

Freedom24 offers its own web platform and mobile app for iOS and Android. The platform enables trading of stocks, ETFs, options, futures, and bonds across over 15 global exchanges. It provides real-time quotes, portfolio overviews, savings plan features, and basic analytical tools. The user interface is functional, though it could benefit from a more modern design.

Explore platform

Trade Republic App · Web Terminal

Trade Republic supports orders through its mobile app and web version. Check the order preview for the available order types and venues for each product.

Explore platform

Regulation & security

Freedom24

Freedom Finance Europe Ltd, Limassol, Cyprus (CySEC CIF licence 275/15)

Supervisor
CySEC
Investor compensation
Cyprus Investor Compensation Fund (ICF): 90% up to €20,000
Cash
No deposit guarantee (investment firm, not a bank); client money covered only by ICF up to €20,000

TradeRepublic

Trade Republic Bank GmbH, Berlin

Supervisor
BaFin
Investor compensation
Securities are segregated client assets; investor compensation (EdB): 90% up to €20,000
Cash
Statutory deposit guarantee (EdB) up to €100,000 per client

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

For investors who want access to US exchanges, IPOs and US options through a Cyprus entity.

  • Real US options trading available
  • Access to 15+ global exchanges
  • Attractive daily interest on account balance
  • Fees higher than neobrokers
  • Platform could be more intuitive

For investors who want a German bank with deposit protection, free savings plans and a very simple app.

  • Very easy to use
  • German app
  • Free custody
  • Limited options selection
  • Spreads and third-party costs may apply

Find the broker that fits

Freedom24 oder TradeRepublic?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Freedom24 and TradeRepublic?
Freedom24: US: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order. TradeRepublic: Best price: €1 per trade; direct price: €2. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Freedom24 or TradeRepublic?
Freedom24 offers Stocks, ETFs, Options, Bonds, Futures. TradeRepublic offers Stocks, ETFs, Bonds, Derivatives, Crypto.
How are Freedom24 and TradeRepublic regulated?
The broker profiles list CySEC (Cyprus), licence 275/15 for Freedom24 and BaFin for TradeRepublic. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Freedom24 or TradeRepublic better for beginners?
Freedom24 lists a 0 € minimum deposit and offers Freedom24 App, Freedom24 Web. TradeRepublic lists 0 € and offers Trade Republic App, Web Terminal. Compare usability, available products and costs for your intended use.
Freedom24 vs TradeRepublic: Which broker is better overall?
The choice between Freedom24 (4.2/5, 750 reviews) and TradeRepublic (4.2/5, 892 reviews) depends on your needs. Freedom24: Access to US and EU exchanges with real options and savings plans. TradeRepublic: German neobroker with app and web access.

Your next step

Your next step