Smartbroker+
BaFin
TradeRepublic
BaFin
Smartbroker+ vs TradeRepublic
Head-to-Head Comparison 2026
Our Verdict
Trade Republic impresses with the most modern app and commission-free trading, while Smartbroker+ offers access to all German exchanges — an important advantage for investors who don't want to trade only via gettex. Smartbroker+ offers €0 order fee at gettex from €500. For maximum exchange selection, Smartbroker+ is better; for the best mobile experience, Trade Republic.
Comparison Table
| Criteria | Smartbroker+ | TradeRepublic |
|---|---|---|
| Rating | 4.1/5 (890 reviews) | 4.2/5 (892 reviews)✓ |
| Regulation | BaFin | BaFin |
| Fees | €0 at gettex (from €500) or from €4 at other exchanges | €1 per trade✓ |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Funds, Bonds, Derivatives✓ | Stocks, ETFs, Derivatives, Crypto |
| Platforms | Smartbroker+ App, Smartbroker+ Web | Trade Republic App✓ |
| Options Trading | No, no options trading | Limited |
| Execution Speed | — | ~200–300 ms (LS Exchange) |
| Founded | 2019 | 2015 |
| Headquarters | Berlin | Berlin |
Detailed Comparison
Fee Comparison
TradeRepublicSmartbroker+: €0 at gettex (from €500) or from €4 at other exchanges. Minimum deposit: 0 €.
TradeRepublic: €1 per trade. Minimum deposit: 0 €.
Execution Quality
Smartbroker+
No data available
TradeRepublic
Execution: ~200–300 ms (LS Exchange)
Product Range
Smartbroker+Smartbroker+ (5 categories)
TradeRepublic (4 categories)
Trading Platforms
TradeRepublicSmartbroker+
- Smartbroker+ App
- Smartbroker+ Web
TradeRepublic
- Trade Republic App
Regulation & Security
Smartbroker+ is regulated by BaFin (HQ: Berlin).
TradeRepublic is regulated by BaFin (HQ: Berlin).
Who Is It For?
TradeRepublicSmartbroker+
Low-cost trading with access to all German exchanges
✓ €0 order fee at gettex from €500
✓ Access to all German exchanges
✓ Wide range of savings plans
✗ No options trading
✗ Platform still evolving
TradeRepublic
Germany's most popular neobroker with simple interface
✓ Very easy to use
✓ German app
✓ Free custody
✗ Limited options selection
✗ Mobile only
Frequently Asked Questions
Is Smartbroker+ or TradeRepublic cheaper?
Which broker offers more products: Smartbroker+ or TradeRepublic?
Which broker is better regulated?
Is Smartbroker+ or TradeRepublic better for beginners?
Smartbroker+ vs TradeRepublic: Which broker is better overall?
TradeRepublic
Germany's most popular neobroker with simple interface
Open Account →From 0 € min. deposit