Head to head · Updated June 15, 2026
eToro vs Trade Republic: which one to choose (2026)?
By Roch de Montesquieu Our synthesis
The verdict of the duel
eToro or Trade Republic? Both rank among our top-rated, fully regulated brokers, and this is a duel between two strong accounts. Our pick is eToro at 4.8/5: it gathers in a single account the copy trading that mirrors seasoned investors' portfolios, 0 commission on ETFs, fractional shares from a few dollars, 130+ cryptos held directly under a MiCA licence, and Lloyd's insurance up to $1M per client. Trade Republic is excellent for low-cost regular investing from your phone, with its $1 order and free scheduled investment plans, all backed by a BaFin-licensed bank. For the most complete all-in-one account, we recommend eToro.
if you want the most complete all-in-one account: copy trading, commission-free ETFs, fractional shares and crypto held directly, all in one place.
if you want to automate regular investing from your phone at the lowest cost, with $1 orders and free scheduled investment plans backed by a licensed bank.
Roch de Montesquieu · Research Analyst · Fees, Data, Transparency
Who it is for
Which one is right for you?
eToro
The beginner who wants to learn by copying experienced investors
The investor who wants to avoid currency conversion fees (USD account)
Trade Republic
The long-term passive investor automating contributions from their phone at the lowest possible cost
The active trader who needs advanced charting, derivatives or short selling
The pillar duel
Criterion by criterion
The sub-scores from our two review pages, face to face.
Face to face
The essentials, side by side
Data pulled from our two review pages, verified on June 15, 2026.
 | Trade Republic | |
|---|---|---|
| HelloBrokers score | 4.8 | 3.7 |
| Minimum deposit | $50 | $10 |
| Regulation | CySEC · FCA · ASIC | BaFin · Bundesbank |
| Fees | Stocks: $1 per order. ETFs: 0 commission. Derivatives: spreads (0.15% stocks, 1% crypto). Spot crypto via spread. | $1 per order, whatever the amount. Scheduled investment plans are free. |
| Withdrawal fees | $5 (USD account) | Free (bank transfer) |
| Demo account | Yes, $100,000 virtual account | No (no demo account) |
| Leverage | ESMA-capped on derivatives (up to 1:30 retail) | — |
| Copy trading | Yes, core of the platform (CopyTrader, Smart Portfolios) | No |
| Mobile apps | Very complete iOS and Android app | iOS and Android app (the heart of the service) |
| Founded · HQ | 2007 · Tel Aviv, Israel | 2019 · Berlin, Germany |
| Trustpilot | 4.2 / 5 (30,000+) | — |
| Best for | The beginner who wants to learn by copying experienced investors | The long-term passive investor automating contributions from their phone at the lowest possible cost |
Safety & regulation
Safety, face to face
| Trade Republic | |
|---|---|---|
| Operating entity | eToro (Europe) Ltd (Cyprus, CySEC) | Trade Republic Bank GmbH (Germany) |
| Fund segregation | Segregated accounts + Lloyd's insurance up to $1M per client | Deposits covered up to $100,000; securities up to $20,000 |
| Negative balance protection | Yes (ESMA framework on derivatives) | — |
| Two-factor authentication | 2FA available | 2FA available |
| Licence | CySEC-regulated (since 2010) | BaFin-licensed bank (Germany) |
Referral offer
The eToro offer via HelloBrokers
🎁 Up to $500 welcome bonus
Copy trading included, a $100,000 demo account and Lloyd's insurance up to $1M per client.
- Copy trading included, no access fee
- 0 commission on 900+ ETFs and fractional shares
- $100,000 demo account to practise
- Lloyd's insurance up to $1M per client
- 130+ cryptos held directly (MiCA licence)
- Uninvested cash earning up to around 3%
Sponsored links. Trading leveraged products carries a risk of capital loss.
What users say
What their clients say
Highlights from the public reviews gathered on our two pages.
eToro
★ 4.2 / 5 TrustpilotTrade Republic
Strengths
What each does best
eToro
- Social trading and copy trading: replicate other investors' portfolios
- 0 commission on ETFs, fractional shares available
- Direct crypto custody (130+ coins) with a MiCA licence
- Uninvested cash earns interest (up to ~3%)
- Very accessible interface, ideal for beginners; Lloyd's insurance up to $1M
Trade Republic
- $1 per order, a single flat rate whatever the amount
- Free scheduled investment plans (ideal for DCA)
- Interest paid on uninvested cash (capped at $50,000)
- Account opening in a few minutes, bank card with saveback
- Fully licensed bank supervised by Germany's BaFin
Capabilities
What each broker offers
eToro
- Cash stocks / securities account
- ETFs
- Cryptocurrencies held directly
- Fractional shares
- Copy trading
- Thematic portfolios
- Interest on uninvested cash
- Demo account
Trade Republic
- Cash stocks / securities account
- Free scheduled investment plans
- Bonds
- Cryptocurrencies
- Options, futures, short selling
- Demo account
- Desktop / web platform
- Phone support
Go further
🎁 Up to $500 welcome bonus
Open an account at eToro →Copy trading included, a $100,000 demo account and Lloyd's insurance up to $1M per client.
Read the full eToro review →Sponsored links. Trading leveraged products carries a risk of capital loss.
Frequently asked questions
Your questions about eToro and Trade Republic
Is eToro reliable?
Yes. In Europe eToro is run by eToro (Europe) Ltd, regulated by CySEC since 2010, and NASDAQ-listed since 2025. Client holdings sit behind Lloyd's insurance up to $1M per client, and Trustpilot puts it around 4.2/5 across more than 30,000 reviews.
Why choose eToro?
Social trading is what sets it apart. You can copy experienced investors' portfolios automatically, buy fractional shares from a few dollars, and hold crypto directly, all from one interface built for people starting out.
What are the fees at eToro?
Stock orders run $1 each, ETF purchases come commission-free, and derivatives and crypto trade on spreads. The account is dollar-denominated, so a currency conversion costs 1.5% and a withdrawal from the USD account is a flat $5, easy figures to plan around.
Who is eToro for?
Anyone who wants to learn by copying seasoned investors and reach crypto and fractional shares without a steep learning curve. That beginner-first design is exactly where eToro is strongest.
Is it easy to withdraw from eToro?
Withdrawals go through at any time, a flat $5 from the USD account. Once you have practised on the $100,000 demo, the live flow feels familiar from the first order.
Is Trade Republic reliable?
Yes. Trade Republic is a fully licensed bank, operating through Trade Republic Bank GmbH (supervised by Germany's BaFin and the Bundesbank), with deposits covered up to $100,000 and securities up to $20,000 under German guarantee schemes. Its regulatory foundations are solid.
Why choose Trade Republic?
For its unbeatable pricing ($1 per order, free scheduled plans) and the simplicity of its mobile-first experience. It's one of the cheapest ways to invest regularly in the stock market from an app, with the security of a fully licensed bank.
What are the fees at Trade Republic?
$1 per order, free scheduled plans, no currency conversion, no custody fees and no inactivity fees. Card deposits are charged 0.7% (excluding the first deposit). Uninvested cash earns interest up to $50,000.
Who is Trade Republic for?
The long-term passive investor who wants to automate their contributions from their phone at the lowest possible cost. Free investment plans, $1 orders and interest on idle cash make it an outstanding combination for regular savers.
Is it easy to withdraw from Trade Republic?
Withdrawals by bank transfer are free. Card funding incurs a 0.7% fee (waived on the first deposit). No custody fees, no inactivity fees.
Torn between several brokers?
Compare two brokers →