eToro vs Trade Republic Comparison
In our overall rating eToro leads with 4.3 out of 5 points, ahead of Trade Republic with 2.9. Our table lists the trading fee as “1% crypto fee + spread” for eToro and “0 %” for Trade Republic. eToro has the better score in all five sub-ratings. eToro lists more cryptocurrencies (more than 110) than Trade Republic (50).
| 1% crypto fee + spread | Fees | 0 % |
| € 10.00 | Minimum cost per €1,000 | € 1.00 + spread |
| 110+ | Cryptos | 50 |
| SEPA Transfer (min. $50), Credit Card, PayPal | Payment Methods | SEPA Instant Transfer, SEPA Transfer, Credit Card |
| Crypto custodian Tangany GmbH has a BaFin license. | Regulation | Full banking licence from BaFin, crypto services notified under MiCA (Art. 60) |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 10.00 | Minimum cost per €1,000 | € 1.00 + spread |
| 1% crypto fee + spread | Fees | 0 % |
| 2 % (with minimum and maximum) + network fee | Wallet transfer | € 0 + network fee |
| No | Cost transparency | Limited |
| approx. € 50 | Minimum Amount | € 1 |
| SEPA Transfer (min. $50), Credit Card, PayPal | Payment Methods | SEPA Instant Transfer, SEPA Transfer, Credit Card |
eToro charges a fee per crypto position. The rate depends on your club tier and your monthly crypto volume. The market spread, the gap between buy and sell price, comes on top. The order ticket shows all costs before you confirm.
| Transaction | Cost at eToro |
|---|---|
| Buy or sell crypto, Bronze, Silver, Gold tiers | 1% per position, plus the market spread |
| Crypto, Platinum tier | 0.95% to 0.10% depending on monthly volume |
| Crypto, Diamond tier | 0.85% to 0.10% depending on monthly volume |
| Account opening, management, inactivity | free |
| Withdrawal from the euro account | free |
| Withdrawal from the USD account | $5, minimum withdrawal $30 |
| Transfer of crypto to the eToro Money wallet | 2%, with a minimum and maximum |
| Selling crypto for euros in the eToro Money wallet | 0.6% to 1% depending on club tier |
| Unleveraged crypto CFD, customers in Germany | no overnight fee |
| Stocks | $1 or $2 commission per buy and sell, depending on the exchange |
Example: buying Bitcoin for €1,000 and selling it later costs €10 on the buy and 1% of the sale value on the sell in the Bronze tier, about €20 in total plus spread. How to save: depositing euros into the euro account avoids conversion costs, and larger balances reach a higher club tier with lower crypto fees.
Fees as of 1 November 2026 according to the eToro fee page.
eToro promo code and bonus (November 2026)
Instead of a promo code, eToro runs its Refer a Friend programme. An existing customer shares a personal invitation link. If the new customer registers through it, verifies the account and within 90 days deposits at least $100 and trades at least $100, the referrer receives a reward of $50, $100, $150 or $250 depending on their own balance. The new customer does not receive a reward from this programme, and the reward can only be withdrawn 90 days after it is credited. The terms for eToro (Europe) Ltd cover customers in countries including Germany, Austria, France, Spain and Switzerland (eToro terms, September 2026).
What circulates online as an eToro promo code or coupon is usually another customer's invitation code: the reward goes to the referrer. Discounts on crypto fees come from eToro's club tiers, not from a code.
Promotion until 31 December 2026: if you transfer crypto from an external wallet to eToro and hold it as a position in your portfolio, you receive 5% of your monthly net amount in stocks, worth up to $1,000 per month. Crypto and cash withdrawals in the same month are deducted, and the stocks cannot be withdrawn for one year (eToro promotion terms of 8 October 2026).
Trade Republic charges no order commission for crypto trading. Each single order carries a flat fee of EUR 1, while savings plans run without it. Every purchase and sale also includes the spread, the gap between buy and sell price, which is built into the quoted price.
| Transaction | Cost at Trade Republic |
|---|---|
| Buying or selling a cryptocurrency (single order) | EUR 1 flat fee per order, no order commission, plus the spread |
| Crypto savings plan from EUR 1 | no flat fee, only the spread |
| Custody of your coins | free, most of it held in cold wallets at BitGo Europe GmbH |
| Sending to and receiving from external wallets | no Trade Republic fee, only the blockchain's network costs |
| Staking, including SOL, ETH and DOT | no additional fee, the app shows the net yield |
| Paying with crypto via the card | only the spread; 2% Crypto Saveback on up to EUR 1,500 card spending per month if at least EUR 50 goes into savings plans each month |
| Card: monthly fee and withdrawals | free, withdrawals under EUR 100 cost EUR 1 |
How to save: If you buy regularly, use the savings plan, since the EUR 1 flat fee does not apply there. For single orders, larger amounts pay off: on EUR 50 the flat fee is 2%, on EUR 1,000 only 0.1%. We compare exchanges with maker and taker fees in our crypto exchange comparison.
As of 1 November 2026 according to Trade Republic's crypto page and price overview and its help article on crypto fees (German price list).
Pros & Cons
- MiCA licence from CySEC, valid across the EU
- Custody for customers in Germany at Tangany GmbH, authorised by BaFin
- More than 100 crypto assets plus stocks, ETFs, indices and commodities in one account
- CopyTrader and a demo account with virtual funds
- No account or inactivity fee, free withdrawals from the euro account
- Recurring investments without a currency conversion fee on the deposit
- Crypto costs 1% per buy and sell in the Bronze to Gold club tiers, plus the market spread
- Moving crypto to your own wallet costs 2%
- Some crypto buys can run as CFDs, marked “CFD” in the order ticket; according to eToro, 55% of retail investor accounts lose money on CFDs
- Reduced crypto fees only from the Platinum club tier
- MiCA authorisation from BaFin, listed in the French AMF's CASP register as “Licensed MICA” with Germany as the licensing country
- Savings plans for crypto, stocks and ETFs from €1
- Crypto transfers to and from external wallets with no transaction fee charged by Trade Republic
- Staking available, according to the provider for SOL, ETH and DOT among others, at no extra charge
- 2 % Crypto Saveback on card payments up to €1,500 per month
- No order commission on crypto: EUR 1 flat fee per single order, savings plans without it, plus the spread
- 50 cryptocurrencies tradable alongside stocks and ETFs
- Deposits via SEPA, SEPA instant transfer and credit card
- Trade Republic's own help pages contradict its product page: on 1 November 2026 they still stated that sending and receiving crypto was not possible
- Cost transparency on crypto spreads has room for improvement, according to users
- SMS-based two-factor authentication; stronger methods would be welcome
Score Comparison
User Experiences
AI AnalysisAccording to 658 analyzed user reviews, eToro is generally often described as easy to understand and practical for everyday use. Users especially appreciate the intuitive app and the clear layout, while fees and support are more often viewed critically in the user data.
According to the evaluated user data, Trade Republic is especially appreciated for its intuitive and clear app. At the same time, users report room for improvement in support, while fees and individual aspects of the app are perceived in mixed ways according to reviews.
Provider details (fees, licences, pros and cons) editorially reviewed: November 2026. This analysis is based on 1156 user reviews analyzed by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher, the platform ratings (star ratings) shown refer to all reviews available there. The reviews presented reflect users' experiences and do not represent the website operator's own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | available |
| available | Staking | not available |
| available | Wallet transfer | not available |
| not available | Credit card | available |
| available | Futures trading | not specified |
| available | Copy trading | not specified |
| not available | NFT marketplace | not specified |
| available | Tax export | not specified |
| available | Demo mode | not specified |
| not specified | BaFin regulation | available |
| not specified | Web platform | available |
| not specified | Mobile app (iOS/Android) | available |
| not specified | Stocks & ETFs | available |
| not specified | SEPA instant transfer | available |
- CopyTrader to mirror other investors' positions
- Crypto, stocks, ETFs and commodities in one account
- MiCA licence from CySEC, custody through Tangany
- Neobroker for crypto, stocks, ETFs, and derivatives from a single source
- Savings plans from €1 for long-term wealth building
- MiCA authorisation from BaFin, based in Germany
- 50 tradable cryptocurrencies
- Wallet transfers and staking available
The five areas head to head
AI AnalysisFees & Costs
According to user reviews, the fees at eToro are comparatively often viewed critically. Users report high fees and high spreads. Overall, the fee area in the user data is described as having room for improvement.
When it comes to fees and costs, user opinions are mixed. Some users describe Trade Republic as inexpensive, while according to reviews, higher fees are also occasionally criticized.
Usability & User Experience
Users especially appreciate eToro's intuitive app as well as the clear and very simple operation. According to reviews, getting started is usually quick even for less experienced users, because many processes are described as easy to follow. However, some users occasionally report login issues or that the app does not always start as expected, which means usability is perceived as limited in certain situations.
Users particularly appreciate Trade Republic for its intuitive, clear, and easy-to-use app. According to reviews, the application is often described as beginner-friendly, which makes getting started easier. However, the app is also occasionally described as somewhat unclear.
Features & Offering
Users particularly praise the Copy Trading feature and the many pieces of information available within the platform. According to reviews, the offering is generally seen as helpful for getting started and for finding one's way in the market. At the same time, some users would like to see more coins, additional reminder functions for SL/TP, as well as individual enhancements such as a smartwatch app or more settings for font size.
Users repeatedly wish for availability in Switzerland, an iPad version, and a CSV export. According to reviews, a simpler tax overview and the option for automatic dividend reinvestment are also mentioned occasionally. Wishes are also expressed in the available user data regarding the search function and stop-limit orders.
Stability & Security
Regarding stability and reliability, users occasionally report problems when starting the app and login difficulties. In the analyzed user reviews, it is also mentioned that the app does not function as expected in individual cases. However, a reliable overall assessment is only possible to a limited extent based on the user data available.
Users report mixed experiences regarding stability and reliability. It is occasionally mentioned that the app crashes, while others describe the app as easy to use in everyday life.
Customer Support
The user data presents a rather critical picture of support. Users report slow support, poor experiences with customer service, or that they do not perceive sufficient support. Accordingly, customer service is more often described in reviews as having room for improvement.
When it comes to support, many users report room for improvement. According to reviews, it is often mentioned that customer service is difficult to reach or that responses take a while to arrive. In direct contact in particular, users therefore rate support critically.
Details
| eToro Europe Ltd. | Company | Trade Republic Bank GmbH |
| 2007 | Founded | 2015 |
| Crypto custodian Tangany GmbH has a BaFin license. | Regulation | Full banking licence from BaFin, crypto services notified under MiCA (Art. 60) |
| approx. € 50 | Minimum Amount | € 1 |
| Video-ID | KYC | Video-ID |
Verdict
In our overall rating eToro leads with 4.3 against 2.9 for Trade Republic.
For most investors eToro is therefore the better choice.
In short: eToro is one of the best-known multi-asset platforms: crypto, stocks, ETFs, indices and commodities in one account, plus CopyTrader, which automatically mirrors other investors' positions, and a demo account for practice. Crypto costs 1% per buy and sell in the Bronze to Gold club tiers. If you only want to buy crypto cheaply, an order-book exchange costs less; if you want to manage crypto and stocks together and learn from others, eToro is a good fit.
Is eToro safe and regulated in the EU?
Yes, eToro may serve customers across the EU. For EU customers the contracting party is eToro (Europe) Ltd in Limassol, authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence number 109/10. Since January 2025 it has held a MiCA licence from CySEC for crypto assets, which applies across the EU through the passport, including Germany, France and Spain (ESMA register, file of 30 October 2026). For customers in Germany, crypto assets are held by Tangany GmbH in Munich, which has its own MiCA authorisation from BaFin for custody and transfers since August 2025. For investment services of eToro (Europe) Ltd, eToro cites the Cyprus Investor Compensation Fund with up to €20,000 per client (eToro regulation page). The parent company eToro Group has been listed on Nasdaq since May 2025 and reports its figures quarterly.
Real coins or CFDs? When you buy Bitcoin without leverage, you usually acquire the crypto asset itself. Leveraged positions and short sales run as CFDs, and according to eToro some unleveraged buy positions can also be executed as CFDs for regulatory reasons; the trade window marks them with “CFD”. Customers in Germany pay no overnight fee on such unleveraged crypto CFDs. CFDs remain risky: according to eToro, 55% of retail investor accounts lose money when trading CFDs with eToro.
What you can do yourself: turn on two-factor authentication, check before confirming whether the order ticket shows “CFD”, and move crypto you plan to hold for a long time to your own wallet. eToro charges 2% for that transfer, see the fees section.
Who is eToro for?
eToro suits beginners and investors who want to manage crypto alongside stocks and ETFs in one app, follow other investors' strategies or practise in a demo account first. Since July 2026 the new eToro app has been built around the AI assistant Tori, which surfaces portfolio insights and explains price moves; eToro states that this is not investment advice. If you only buy crypto and watch costs closely, compare with Bitpanda or Trade Republic; all brokers are listed in our crypto broker comparison.
Trade Republic is considered one of the best-known neobrokers in the DACH region and is used by many users as an entry point into the world of cryptocurrencies. Trade Republic is a bank supervised by BaFin and, in addition to 50 cryptocurrencies, also offers stocks, ETFs, and derivatives from a single source. By its own account it is one of the first banks in Europe authorised under the EU's MiCA regulation; ESMA's register has listed the crypto services of Trade Republic Bank GmbH since 28 April 2025, notified to BaFin as a bank under Article 60 of MiCA. Users appreciate that Trade Republic charges no order commission; each single order costs a flat EUR 1, savings plans run without it, and the remaining costs arise through the spread, whose transparency is occasionally rated as room for improvement.
Particularly appreciated are the savings plans from €1, which make it easy to get started with regular crypto investing. For investors who want to manage crypto, stocks, and ETFs in a single app, Trade Republic is considered one of the most accessible solutions on the German market. The app is described as intuitive and clearly geared toward beginners and occasional investors.
The Crypto Wallet lets you send cryptocurrencies to external wallets and receive them from there, according to Trade Republic without any transaction fees of its own. The SMS-based 2FA security is also considered room for improvement. Trade Republic is therefore especially suitable for investors looking for a regulated, uncomplicated way to access cryptocurrencies as part of a broad securities offering and who want to be able to move their coins to a wallet of their own.