Trade Republic has been a bank that has existed in Germany for many years. Of course, it is supervised by the Federal Financial Supervision Authority. But Trade Republic is also approved by the European Central Bank, since it is a member of the EU. Thanks to the recent European agreements, French citizens have the opportunity to open a Commercial Republic account without having to declare it to taxes. Today, Trade Republic represents 100 billion euros in assets thanks to more than 8 million users in 17 European countries. To see more closely, this fashion is not due to chance. In fact, unlike most existing banks, Trade Republic transfers the interests generated by their money, this amount today with 2.5 % gross today.
Trade Republic radically changes the rules of online banks game
In other words, his money works like in any bank, but finally sees the color of the interests generated. But Trade Republic goes even further creating action fractions. A advice is to pay their purchases to the upper euro and invest the few cents of difference. This allows anyone to save.
Of course, you can invest in action, ETF or cryptocurrencies that you want at any time. There are no rates there and the investment begins only one euro. It is not necessary to say that Trade Republic offers long -term investments that have the advantage of being accompanied by capital gains exempt from the Income Tax.
For daily use, it is interesting to observe that money withdrawals are free worldwide. The only rule, withdraws more than 100 euros.
Trade Republic finally offers its customers to really enjoy the money placed in their current account. Take advantage of it now.
This content was made by an expert from the BFMTV purchase team. The purchasing team is independent of BFMTV.com editorial staff. The indicated prices occur as an indication and they are likely to evolve. BFMTV is likely to receive remuneration when one of our readers proceeds to a purchase through the links integrated in this article.
Source: BFM TV
