Broker Comparison 2026

Smartbroker+ vs. Trade Republic

Detailed comparison of all fees, features, and suitability — updated for 2026.

Smartbroker+
4.0/5
vs
Trade Republic
4.3/5
Our Recommendation

Smartbroker+ is the better choice for Free Trades, while Trade Republic wins for Beginners. Which one suits you depends on your strategy — the detailed comparison below shows every difference.

Smartbroker+

4.0/5
Strengths
  • 0€ Trades from €500
  • Free Savings Plans
  • Xetra Access
  • Options Available
Weaknesses
  • Relatively New
  • App Still in Development
Best for
Free Trades
Go to Smartbroker+ →* Affiliate link · no extra cost for you

Trade Republic

4.3/5
Strengths
  • 1€ per Trade
  • Free Savings Plans
  • 3.25% Interest on Cash
  • Easy-to-Use App
  • Crypto Available
Weaknesses
  • Only 1 Exchange (LS Exchange)
  • No Options/Futures
Best for
Beginners
Go to Trade Republic →* Affiliate link · no extra cost for you

Detailed Comparison

All fees, products, and platform features compared side-by-side. The "Winner" column shows which broker leads in each category.

FeatureSmartbroker+Trade RepublicWinner
Fees & Costs
Order Fee0€ (gettex, from 500€) / 4€ (Xetra)1€ per OrderSmartbroker+
ETF Savings Plan Fee0€0€Tie
Account Fee0€/Year0€/YearTie
Minimum Deposit0€0€Tie
Interest on Cash0%3.25%Trade Republic
Product Range
AzioniTie
ETFsTie
CryptoTie
OptionsSmartbroker+
CFDsTie
Fractional SharesTie
Number of Exchangesgettex, Xetra, und weitereLS ExchangeSmartbroker+
Platform & Tools
Mobile AppTie
Desktop PlatformTie
Demo AccountTie
Security & Regulation
Regulated byBaFinBaFinTie
Deposit Protection100.000€100.000€Tie
Founded20192015Tie
Overall Rating
RatingTrade Republic

Which Broker for Whom?

Depending on your strategy and experience, one broker fits better. Here's how to decide:

For Beginners

Smartbroker+

Low barriers, simple app, demo account and no hidden costs — perfect to get started.

More about Smartbroker+ →
For Active Traders

Smartbroker+

Low per-order fees, many trading venues and derivatives access — important if you trade regularly.

More about Smartbroker+ →
For Long-Term Investors

Trade Republic

Free savings plans, interest on cash and no custody fee — what matters when you buy & hold.

More about Trade Republic →

Detailed Assessment

Who is Smartbroker+?

4.0/5

Smartbroker+ offers free trades from €500 order volume and free Xetra access. A strong competitor to Trade Republic.

Strengths in Detail

  • 0€ Trades from €500
  • Free Savings Plans
  • Xetra Access
  • Options Available

Weaknesses

  • Relatively New
  • App Still in Development
  • No Interest on Cash
Who is Smartbroker+ worth it for?

Particularly suitable for: Free Trades, Savings Plan Investors, Cost-Conscious Investors.

Who is Trade Republic?

4.3/5

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.

Strengths in Detail

  • 1€ per Trade
  • Free Savings Plans
  • 3.25% Interest on Cash
  • Easy-to-Use App
  • Crypto Available

Weaknesses

  • Only 1 Exchange (LS Exchange)
  • No Options/Futures
  • Limited Order Types
  • No Desktop Client
Who is Trade Republic worth it for?

Particularly suitable for: Beginners, Savings Plan Investors, Mobile-First.

Frequently Asked Questions

Answers to the most common questions about Smartbroker+ vs Trade Republic.

For order fees, Smartbroker+ leads at 0€ (gettex, ab 500€) / 4€ (Xetra), while Trade Republic charges 1€ pro Order. Note: with CFD brokers, spreads add hidden cost — the lower nominal price isn't always cheaper overall.

Smartbroker+ is regulated by BaFin, Trade Republic by BaFin. Both fall under EU oversight. Deposit protection: Smartbroker+ 100.000€, 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.

Smartbroker+ 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. Smartbroker+: 100.000€, Trade Republic: 100.000€. Securities are held in segregated accounts and protected in case of broker insolvency.

Trade Republic leads on cash interest at 3.25%. 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.

Ready to Get Started?

Sign up with the broker that fits your strategy. Both are regulated and offer a demo account to test risk-free.

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