Detailed comparison of all fees, features, and suitability — updated for 2026.
Interactive Brokers is the better choice for Professionals, while Trade Republic wins for Beginners. Which one suits you depends on your strategy — the detailed comparison below shows every difference.
All fees, products, and platform features compared side-by-side. The "Winner" column shows which broker leads in each category.
| Feature | Interactive Brokers | Trade Republic | Winner |
|---|---|---|---|
| Fees & Costs | |||
| Order Fee | $0.005/Aktie (min $1) or Fixed $1 | 1€ per Order | Tie |
| ETF Savings Plan Fee | - | 0€ | Trade Republic |
| Account Fee | 0€/Year | 0€/Year | Tie |
| Minimum Deposit | 0€ | 0€ | Tie |
| Interest on Cash | bis 4.33% (USD) | 3.25% | Interactive Brokers |
| Product Range | |||
| Azioni | Tie | ||
| ETFs | Tie | ||
| Crypto | Tie | ||
| Options | Interactive Brokers | ||
| CFDs | Tie | ||
| Fractional Shares | Tie | ||
| Number of Exchanges | 150+ Börsen in 33 Ländern | LS Exchange | Tie |
| Platform & Tools | |||
| Mobile App | Tie | ||
| Desktop Platform | Interactive Brokers | ||
| Demo Account | Interactive Brokers | ||
| Security & Regulation | |||
| Regulated by | SEC / FCA / BaFin | BaFin | Tie |
| Deposit Protection | $500.000 (SIPC) | 100.000€ | Tie |
| Founded | 1978 | 2015 | Tie |
| Overall Rating | |||
| Rating | ★★★★★ | ★★★★★ | Interactive Brokers |
Depending on your strategy and experience, one broker fits better. Here's how to decide:
Low barriers, simple app, demo account and no hidden costs — perfect to get started.
More about Interactive Brokers →Low per-order fees, many trading venues and derivatives access — important if you trade regularly.
More about Interactive Brokers →Free savings plans, interest on cash and no custody fee — what matters when you buy & hold.
More about Trade Republic →Interactive Brokers is the professional's choice with access to 150+ exchanges, all product classes, and the lowest fees for active traders.
Particularly suitable for: Professionals, Active Traders, International Investors, Options Trading.
Trade Republic is a German neo-broker with extremely low fees (€1 per trade) and free ETF savings plans. Ideal for beginners and savings plan investors.
Particularly suitable for: Beginners, Savings Plan Investors, Mobile-First.
Answers to the most common questions about Interactive Brokers vs Trade Republic.
For order fees, Interactive Brokers leads at $0.005/Aktie (min $1) oder Fixed $1, while Trade Republic charges 1€ pro Order. Note: with CFD brokers, spreads add hidden cost — the lower nominal price isn't always cheaper overall.
Interactive Brokers is regulated by SEC / FCA / BaFin, Trade Republic by BaFin. Both fall under EU oversight. Deposit protection: Interactive Brokers $500.000 (SIPC), Trade Republic 100.000€.
For German/Austrian customers, language, BaFin regulation and tax-simple status often matter most. Check the 'Regulated by' and 'Languages' rows — DACH-focused brokers usually have the edge.
Trade Republic offers free ETF savings plans from 1€. If a savings plan matters to you, that's a clear edge.
Both are covered under their home regulator's deposit protection. Interactive Brokers: $500.000 (SIPC), Trade Republic: 100.000€. Securities are held in segregated accounts and protected in case of broker insolvency.
Interactive Brokers leads on cash interest at 4.33%. Watch the conditions — some brokers require a paid plan or cap the amount.
Both offer native mobile apps with good app-store ratings. Which is better depends on your needs — try both with a demo account if available.
A second broker makes sense when one offers features the other lacks (e.g. options, crypto, more exchanges). A full switch is only worth it if the cost difference or missing features are significant.
Sign up with the broker that fits your strategy. Both are regulated and offer a demo account to test risk-free.
