HomeTechnology5 Information to know before opening your account in Trade Republic

5 Information to know before opening your account in Trade Republic

If you haven’t heard of Trade Republic yet, it’s strange! This German online bank has already won more than 8 million users in 17 European countries, and its advantages are numerous.

Trade Republic is a free account, at no cost. To open your account, you just have to be at least 18 years old, have a smartphone, as well as have your permanent residence in France, with a fiscal obligation in France. Once the application is downloaded (in iOS or Android), you can start spending your money through a free virtual card or investment.

Trade Republic offers three cards: a free virtual, a classic visa card (single payment of 5 euros) and the famous mirror card (unique 50 euros payment). Each month, Trade Republic pays a 2% interest in its current account with a French Iban, without a roof. Trade Republic is a bank approved by the European Central Bank supervised by the Prudential and Resolution Control Authority and the Financials authorité des marches.

A free and easy to use account

Trade Republic is used very easily. With only one euro, you can start investing in shares, ETF or crypts, all without hidden costs and in a very simple way.

This online bank also offers ETF savings plans or shares if you prefer to invest in the long term. In addition, the online bank also offers a peas in which it is possible to invest up to 150,000 euros with capital gains exempt from the Income Tax. Derived products have even negotiated with partners such as HSBC, Société Générale or Vontobel.

With Trade Republic, you can round your card payments and decide to invest the rounds. In addition, thanks to Saveback, you will receive 1% of its expenses made with the card. With the Trade Republic application, you can invest, spend and save from the same place and all in a few clicks from your smartphone.

This content was made by an expert from the BFMTV purchasing team, 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.

Author: BFM purchases
Source: BFM TV

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