Trade Republic really that bad?

2Semana

It all depends on what you want to do there and with what volume. I primarily trade savings plans, cashback and roundups there. Occasionally a derivative.
I don't need support for that.
There is simply no choice of trading venues, no large order options other than limit or stop. And when there's real action on the stock market, there's sometimes been a system failure.

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2Semana

@Multibagger That's roughly what I have in mind.
As with SC, savings plans, sometimes small one-off contributions for special payments and maybe a small payout if I want to buy 3 new televisions like I did recently.

Other than that, I don't really have any special plans.

But I find real-time deposits/withdrawals and fractional purchases, for example, very good for me

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2Semana

@Steven83 then you are not doing anything wrong with TR

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2Semana

@Multibagger That sounds good. Thank you :-)

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1Semana

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1Semana

@Jrm then I wish you continued success with Elisabeth

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R@_Lux

1Semana

@Multibagger But only you think that.

I also only had simple savings plans on etf. Still, tax problems over €800? Check your documents very carefully ;-)

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1Semana

@_Lux perhaps a problem that does not occur for everyone.

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R@_Lux

1Semana

@Multibagger the less is invested, the less it is noticeable. Only from €20-30,000 are the errors more visible ... because then it's not cents but euros ...

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C_Montgomery_Burns@C_Montgomery_Burns

1Semana

I won't be trading that much with TR, my entire portfolio there is only 10-15% of these sums

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Trader_01@Gerald_A

1Semana

@Multibagger you describe it very well.... TR should be suitable for smaller position sizes and little trading.

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2Semana

I am completely satisfied so far.

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Saschko@WarrenamBuffet

2Semana

Never had any problems so far

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trade_whisperer_2757@trade_whisperer_2757

Stefan@Da_Fischi

2Semana

My tax report for 2024 is still incorrect and I don't think anyone there will ever correct it...
Entry prices are also sometimes wrong and the most annoying thing is that you often can't trade stocks when it really matters (e.g. in a crash)

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1Semana

@Da_Fischi wow that's my experience one to one. Really cool!

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Elsa E.@EpsEra

2Semana

Everything has gone smoothly so far, no complaints. 😎
The haters talk louder than the spread. 😂
I'll stay cool as long as there's no chaos in the depot. 💃📉

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MarTheRadi@marda304

2Semana

I've had problems since the beginning (I was on the waiting list at the time). Especially the issue of initial rates and downtimes during stressful times.
But perhaps for this reason, I don't have a lot of money there. But based on my experiences, I would never have my current account there. That requires trust.

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2Semana

@marda304 Of course, that doesn't sound good 😔
No, the current account itself should remain with the savings bank, also because it is a marriage account

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Lucifer@Trial_and_Error

2Semana

I only had the problem once, shortly after opening the account, that 2 deposits did not arrive, but this was just during the current account conversion phase (June 24), after 2 weeks the problem was solved and since then everything has been running pretty much smoothly. Sometimes, when it's stressful on the stock markets, prices are late or it takes a while for the account balance to be loaded, but during the big setback in March, ING and Consorsbank were also very slow.

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Heartless963@savvy_investor_zdftt

2Semana

@Trial_and_Error Well, I had the same problems with Scalable at the beginning of April, for example. Nothing worked there either 😔

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Hu_F_10@Hu_F_10

2Semana

I can't complain either.

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Florian@Flo2k1

2Semana

No problems so far.

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2Semana

I am completely satisfied. Never had a problem

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Max@MaxScheu

2Semana

I am also completely satisfied with TR. You can set everything in the app or web version. I've never needed customer support to date.

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Investfamily@Investfamily

2Semana

More than satisfied since day 1

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-Richy-@-Richy-

2Semana

I haven't had any problems yet either, but I haven't used the customer support yet either... I've been with TR since 2022 👍

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Thomas@Thomas_1963

2Semana

I am very satisfied so far.

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Alex@A1bund7

2Semana

Satisfied. There are just a few brain dead who are not satisfied anywhere. These are the ones who contact support and BaFin when the dividend arrives a day later

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Shadowapple@shadowapple86

2Semana

@A1bund7 Of course, that may well be the case. There has been a lot of negative talk about customer service and the like recently, which makes you think "Oops, what kind of provider is this?"

But it sounds good if everything isn't so bad there 👍

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2Semana

So far I have nothing negative to report. Deposits are made promptly, call money is paid out quickly and the savings plan is executed on time.

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Kenneth@Kenneth_W

2Semana

Hello everyone, I have had custody accounts with the house bank, Scalable and TradeRepublic since 2023. Personally, I find the price/performance ratio, clarity and ease of use at TradeRepublic the best of this selection. At Scalable, everything takes an unnecessarily long time, e.g. depositing money. The double account management is also extremely annoying. (in my personal experience) That's why I currently only have TradeRepublic as my main account and the house bank as a secondary account. There were probably access difficulties during the recent turbulence on the stock market. I cannot confirm this. I was always able to trade. The number of people who have complained about this is large, so I think this will happen less in the future. Don't forget, you can complain about anything if you want to. For €1 per trade plus fair spreads, this is a good value broker. As it is still quite young (banking license), it will still have a few technical hurdles to overcome.

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Gennaro@Genna

2Semana

Trade Republic is my 1st and currently only broker. I made the right decision. I opened the account at the end of 2023 and feel very comfortable with it.

However, if my assets continue to grow, sooner or later I will open a second account for diversification, but I think this will be difficult because Trade Republic's price/performance ratio is really top.

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Vik@equity_enthusiast_54

1Semana

I was actually always satisfied until I initiated a partial custody account transfer via ING 3 months ago.... ( TR -> ING). There is simply nothing coming, there is no response to reminders and letters (max. 3 weeks according to BaFin).

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Flex K.@Flexiflex

1Semana

Wanted to transfer TR -> Scalable. Disaster. Was not carried out at all or was carried out incorrectly. Customer service UNDERIRDICT! It's good as long as you don't have any problems.

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Jonas@jjjjjonas

1Semana

I like it because of the low trading fees. But as soon as ING drastically reduces its prices, I will increase my portfolio there again. 5+ EUR trading fees are really only worthwhile for transaction volumes of 1000 euros or more, which is simply unattractive for short-term increases, rebalancing, partial sales or "small bets with play money". The fact that Ing has now launched such a strange new campaign where you collect points in your securities account and then move up a level etc. is, to put it in Bavarian, "a recht a Schmarrn", but at least it shows that they have recognized the problem with neobroker competition.

I would not recommend TR for people who only have 10 positions of EUR 5000 each with buy-and-hold in their portfolio. As far as I know, ING takes care of withholding tax refunds from EU countries, for example, and I will soon try this out myself with a French share that I hold. With my personal investment volume, the resulting profit would not be justified in relation to the additional costs, as my EU foreign withholding tax shares generate perhaps 10 euros in dividend withholding tax per year.

Furthermore, as far as I know, TR does not enter you in the shareholders' register, although you still have to be allowed to attend the AGM. But if you own one two-hundred-millionth of a company, then maybe that's not so important.

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