Smartbroker+ vs Trade Republic Comparison

Smartbroker+
Smartbroker+
Winner
4.4of 5
Go to Smartbroker+
vs
Trade Republic
Trade Republic
2.9of 5
Go to Trade Republic
0.9 %Fees0 %
€ 9.00Cost for €1,000€ 9.00
25Cryptos50+
SEPA TransferPayment MethodsSEPA Instant Transfer, SEPA Transfer, Credit Card
Crypto custodian Tangany GmbH has a BaFin licenseRegulationBaFin license as a securities institution

Cost comparison

The basis is a Bitcoin purchase worth €1,000, including all fees and spreads.

Smartbroker+Trade Republic
€ 9.00Cost for €1,000€ 9.00
0.9 %Fees0 %
Wallet transfer
LimitedCost transparencyLimited
€ 0.01Minimum Amount€ 1
SEPA TransferPayment MethodsSEPA Instant Transfer, SEPA Transfer, Credit Card

On a €1,000 purchase there is nothing between the two providers.

Pros & Cons

Smartbroker+
Smartbroker+
Pros
  • 25 cryptocurrencies tradable alongside stocks, ETFs, and derivatives
  • Savings plans available for crypto and securities
  • Crypto custodian Tangany GmbH with BaFin license
  • Minimum investment possible from just 0.01 €
  • App available for iOS, Android, and web use
Cons
  • Wallet transfer to personal wallets not possible – occasionally criticized by users
  • Staking features currently not available – room for improvement
  • Deposits only via SEPA transfer – additional payment methods have room for improvement
  • Waiting time after registration until first trade is occasionally criticized
Smartbroker+ Reviews
Trade Republic
Trade Republic
Pros
  • BaFin-licensed as a securities institution based in Germany
  • Savings plans for crypto, stocks, and ETFs available from €1
  • No explicit trading fees for crypto – 0 % trading fees
  • Over 50 cryptocurrencies tradable alongside stocks and ETFs
  • Deposits via SEPA, SEPA instant transfer, and credit card
Cons
  • Wallet transfer to your own wallets currently not available – occasionally criticized by users
  • Cost transparency on crypto spreads, according to users, has room for improvement
  • SMS-based 2FA security – advanced authentication has room for improvement
Trade Republic Reviews

Score Comparison

2.9Usability2.7
2.9Features2.7
3.0Fees2.8
2.5Stability2.5
2.5Support2.5

User Experiences

AI Analysis
4.3
App Store
4.6
4.1
Google Play
4.5
3.4
Trustpilot
3.3
Smartbroker+
Smartbroker+

According to reviews, Smartbroker+ is generally often described as clear and easy to understand. Users particularly appreciate the simple app experience as well as low fees and conditions, while support-related topics and individual technical points are perceived by some users as having room for improvement.

Trade Republic
Trade Republic

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.

This analysis is based on 954 user reviews from the Apple App Store, Trustpilot, and Google Play Store, evaluated by AI. 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 site operator's own assessment. All information is provided without guarantee. As of March 2026. This comparison does not constitute investment advice.

Features

Smartbroker+Trade Republic
Savings plan
Staking
Wallet transfer
Credit card payment
BaFin-regulated custodian
Web platform
Mobile app (iOS/Android)
Stocks & ETFs
SEPA transfer
BaFin regulation
SEPA instant transfer
Smartbroker+
Smartbroker+Highlights
  • Neobroker with stocks, ETFs, derivatives, and crypto on one platform
  • BaFin-licensed crypto custodian Tangany GmbH
  • Savings plans from 0.01 € for accessible investing
  • Trading fees of 0.9 % for crypto
Trade Republic
Trade RepublicHighlights
  • Neobroker for crypto, stocks, ETFs, and derivatives from a single source
  • Savings plans from €1 for long-term wealth building
  • BaFin-regulated with a German bank account
  • Over 50 tradable cryptocurrencies

The five areas head to head

AI Analysis

Fees & Costs

Smartbroker+
Smartbroker+

According to reviews, Smartbroker+ fees are often viewed positively. Users particularly appreciate the low fees and conditions, which are generally perceived as inexpensive. Overall, the pricing data gives a largely positive impression.

Trade Republic
Trade Republic

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

Smartbroker+
Smartbroker+

Users particularly appreciate the clear and intuitive operation of the Smartbroker+ app. According to reviews, the application is often perceived as easy to use, which makes getting started easier. However, some users also report that the interface can be confusing, so this area is described in individual cases as having room for improvement.

Trade Republic
Trade Republic

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

Smartbroker+
Smartbroker+

Some users would like additional convenience features such as direct debit for savings plans, instant or real-time transfers, and notes for the watchlist. According to reviews, the newsletter is also occasionally perceived as rather limited.

Trade Republic
Trade Republic

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

Smartbroker+
Smartbroker+

Regarding stability and reliability, users occasionally report technical issues or longer loading times. Overall, the available reviews in this area do not point to a clearly positive or negative picture.

Trade Republic
Trade Republic

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

Smartbroker+
Smartbroker+

When it comes to support, users in the reviews report mixed experiences comparatively often. In some cases, poor customer service, unanswered email requests, or a lack of support are mentioned, which is why this area is considered to have room for improvement from the users' perspective.

Trade Republic
Trade Republic

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

Smartbroker+Trade Republic
Smartbroker AGCompanyTrade Republic Bank GmbH
2019Founded2015
Crypto custodian Tangany GmbH has a BaFin licenseRegulationBaFin license as a securities institution
€ 0.01Minimum Amount€ 1
eID, Video-ID, PostIdentKYCVideo-ID

Verdict

In our overall rating Smartbroker+ leads with 4.4 against 2.9 for Trade Republic.

On a €1,000 purchase there is nothing between the two providers.

For most investors Smartbroker+ is therefore the better choice.

Smartbroker+Our Opinion

Smartbroker+ is perceived in the DACH region as a multi-asset broker that combines cryptocurrencies with stocks, ETFs, and derivatives on one platform. With 25 tradable cryptocurrencies and custody via the BaFin-licensed Tangany GmbH, the provider is considered to be on solid regulatory footing. Trading fees of 0.9 % for crypto are in the mid-range among German neobrokers.

The option to set up savings plans from as little as 0.01 € is appreciated, as it enables an especially accessible entry point. The platform is available via app and web and is aimed at investors who want to manage different asset classes centrally. For users who already invest in stocks and ETFs and want to add crypto as an additional component, Smartbroker+ is seen as a practical solution.

Wallet transfers to personal wallets are currently not possible, and staking features are not offered — both are occasionally criticized by users. The limited deposit methods, restricted to SEPA transfers, and the waiting time after registration are also considered to have room for improvement. Smartbroker+ is therefore particularly suitable for securities investors in the DACH region looking for a German broker with BaFin-regulated crypto custody and a broad product range.

Trade RepublicOur Opinion

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. The broker is licensed as a securities institution by BaFin and, in addition to over 50 cryptocurrencies, also offers stocks, ETFs, and derivatives from a single source. The removal of explicit trading fees is viewed positively by users, although the actual costs arise through the spread — here, 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.

However, wallet transfers to your own wallets are currently not possible, which is occasionally criticized by more experienced crypto users. 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 — less so for users who value self-custody.