Interactive Brokers vs Trade Republic 2026: which is better?
We compared Interactive Brokers and Trade Republic on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Interactive Brokers holds 10 licences from strong regulators, against 1 for Trade Republic.
- Interactive Brokers offers Web Trader, Mobile App, which Trade Republic does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
Trade Republic
Broker
|
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | BaFin |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:30 | — |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | Trade Republic App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | — |
| Founded | 1977 | 2015 |
| Headquarters | Greenwich, United States | Berlin, Germany |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Interactive Brokers if you
- want more licences from strong regulators
- use Web Trader, Mobile App
Frequently asked questions
Which is better, Interactive Brokers or Trade Republic?
We compared Interactive Brokers and Trade Republic on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Interactive Brokers holds 10 licences from strong regulators, against 1 for Trade Republic. Interactive Brokers offers Web Trader, Mobile App, which Trade Republic does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Interactive Brokers and Trade Republic regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. Trade Republic licences: BaFin.
What is the minimum deposit at Interactive Brokers and Trade Republic?
Interactive Brokers: $0. Trade Republic: not available.
Do Interactive Brokers and Trade Republic offer an Islamic account?
Interactive Brokers: No. Trade Republic: No.