Trade Republic vs Smartbroker+: which is better? Comparison 2026

By our public methodology Trade Republic scores 71 out of 100 and Smartbroker+ scores 69. Below: the factors and facts where they differ, each fact with its source.

Brokers in Germany 2026: a ranking built on verified facts How we rank

1

Trade Republic

71/100
2

Smartbroker+

69/100

Score breakdown

Trade RepublicSmartbroker+
Safety7050
Cost93100
Products4053
Service6792

Pros and cons

Trade Republic

  • Low commission on the reference order
  • Member of the national investor compensation scheme
  • States officially that client assets are held separately from its own
  • Publishes financial reports

Smartbroker+

  • Low commission on the reference order
  • Member of the national investor compensation scheme
  • Wide choice of asset classes
  • Publishes financial reports

Facts side by side

FactTrade RepublicSmartbroker+
Investor compensation schemeYes edb-banken.deYes e-d-w.de
Commission on the reference order0.1% traderepublic.com0% smartbrokerplus.de
Client assets held separatelyYes traderepublic.comNot verified
Financial reports onlineYes traderepublic.comYes smartbroker-holding.de
No account or custody feeYes traderepublic.comYes smartbrokerplus.de
Asset classes (of 5)3 traderepublic.com4 smartbrokerplus.de
Mobile appYes traderepublic.comYes smartbrokerplus.de
Open an account onlineYes traderepublic.comYes smartbrokerplus.de
Support channels (of 3)2 traderepublic.com2 smartbrokerplus.de
Annual tax statementNot verifiedYes smartbrokerplus.de

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