Is TRADE REPUBLIC safe and legit? Full review
TRADE REPUBLIC is a Germany-based broker established in 2021 and regulated by the Federal Financial Supervisory Authority (BaFin). It uses a self-developed trading platform with mobile app support for Android and iOS, and its software experience is rated Fair. Customer service supports 4 languages through social and IM channels. Its influence rating is AA, with an average influence index of 8.53.
Regulatory Compliance and Security
TRADE REPUBLIC is regulated by the Federal Financial Supervisory Authority (BaFin). The regulatory status is Regulated, and the safety level is 1.
Trading software
TRADE REPUBLIC uses a self-developed trading platform and supports Mobile App access. It has an MT4/5 software qualification. The software experience is rated Fair, and the software rating is Good.
Mobile Support: Android and iOS (Trade Republic app)
Customer Service
Customer service supports 4 languages and can be contacted through IM App and social channels.
⚠️ Note: Response times may be lengthy.
Influence
TRADE REPUBLIC has an influence rating of AA. Its influence is mainly distributed in the United Arab Emirates, Argentina, Austria, Australia, Belgium, Bulgaria, Brazil, Canada, Switzerland, and Chile. The average influence index is 8.53.