Like all German banks, Trade Republic is supervised by the Federal Financial Supervision Authority. Of course, it is also approved by the European Central Bank. Thanks to recent agreements, each member of Europe can resort to their services. Today, Trade Republic has more than 8 million customers in 17 European countries. This represents 100 billion euros in assets. Therefore, the opening of a Commercial Republic account is intended for any natural and adult person, downloading the dedicated application and completing the online form. But it is still a question. What interest do the French have to open a current account with the Banking Commercial Republic online online? Unlike the French banks, the liquidity deposited here in your account pays you!
What is the secret of this correct line in Germany?
All banks make their money work, but it is very unlikely to benefit from the interests generated. The money placed in your commercial republic account gives you a 2.5 % gross interest on which you are paid every month. This amount is defined by the European Central Bank.
But that’s not all. Trade Republic also allows anyone to place money thanks to a process of action fractions. At the time of its payments, only around the upper euro. The few cents are invested in actions or ETF.
You can also place money manually in actions or cryptocurrencies. This can be done from only 1 euro. Of course, Trade Republic also offers long -term peas to enjoy capital gains exempt from Income Tax.
Recover the interests generated by its liquidity simply by opening a current account of the Trade Bank Aleman Bank Republic.
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Source: BFM TV
