TRADE REPUBLIC STARTS AS THE FIRST GERMAN MOBILE-ONLY AND COMMISSION-FREE BROKER

• Berlin-based fintech offers customers to trade stocks in an easy and intuitive way directly on their smartphone
• Trading for everyone: commission-free trading of all stocks and ETFs, no account fee or negative interest rates
• Trade Republic challenges incumbent banks with its cutting-edge technology, enabling commission-free trading
• German banking license and renowned long-term partnerships, e.g., HSBC
• Waiting list out now, open for sign-ups

Berlin, January 9, 2019 - The beginning of commission-free trading, made in Germany: The Trade Republic Bank is the first German broker to offer its clients mobile-only and commission-free stock and ETF trading. Users only pay a fixed fee of 1 euro per transaction for the external settlement of the transaction. The Berlin-based fintech cooperates with renowned partners, such as HSBC and solarisBank. Everyone interested can now sign up for the waiting list via app or website.

Mobile, intuitive, fast - commission-free
Currently, investors pay commission fees of 5, 10 or even more than 25 euros for trading stocks. Indeed, customers are regularly paying the enormous cost of incumbent banks' often outdated technology and complex processes. With its cutting-edge technology, Trade Republic is bringing trading into the 21^st century by focusing on digitalization and automatization.

At Trade Republic, customers can trade more than 6,100 German and international stocks as well as over 250 ETFs commission-free, no account fee or negative interest rates. Only a fixed fee of 1 euro per transaction for the external settlement will apply - regardless of the order size.

Trade Republic brings commission-free trading to Germany's over ten million investors. With its convenient and intuitive app, the Berlin fintech enables those, who used to avoid capital markets, to invest their money.

"Trading in Germany is still expensive, complicated and inconvenient. We are going to change that," says Christian Hecker, founder of Trade Republic. "Securities trading is a truly mobile experience. Our app is easy to understand and allows people to effortlessly invest their money in capital markets - everytime, everywhere." Christian Hecker has founded the company in 2015, together with Thomas Pischke and Marco Cancellieri.

Securities trading doesn't have to be complicated
The mobile application is Trade Republic's core: Customers can open a trading account via their smartphones in less than ten minutes. The app helps to conveniently find their stocks of choice using intuitive search and filter functions. Users can track investments anytime and anywhere - thanks to real-time data, price alerts and push notifications. All relevant information is summed up in a personal timeline - tedious postboxes are things of the past.

With Trade Republic, it has never been easier to enter capital markets: After opening a securities account, it only takes three taps to trade German and international stocks as well as ETFs. The cooperation with the LS Exchange, a trading system operated by the Hamburg Stock Exchange, stands for high quality for Trade Republic customers. Stock price quality is supervised by the Hamburg Stock Exchange. Spreads are bound to the reference market XETRA (Deutsche Börse) if applicable. Customers benefit from extended trading hours: from 7:30 am to 11 pm, each trading day.

Technology company with banking license
Trade Republic combines state-of-the-art technology with the safety and reliability of a German bank. Additionally, cooperation with renowned partners guarantees highest quality for the customer: secure settlement of all transactions with HSBC Transaction Services - Germany's largest settlement provider based on the number of transactions; efficient and secure custody of the customers' deposits in cooperation with solarisBank, an universal bank licensed in Germany - without negative interest rates.
The Trade Republic Bank's digital platform provides stability and efficacy.

In the last three years, Trade Republic Bank has developed a comprehensive banking infrastructure, which is run on modern servers in Germany. "The infrastructure of many incumbent banks and brokers are outdated. Our technology allows us to automize even complex processes in real-time. Thereby, we're increasing the comfort for customers, while reducing costs significantly," adds founder Thomas Pischke, who has already won several programming competitions of major banks, developing prototypes of the Trade Republic technology.

As a German bank, Trade Republic is supervised by the Bundesbank as well as the BaFin (Federal Financial Supervisory Authority). Customers profit from a wide range of banking services, including automated German tax deduction, the annual German tax return statement as well as the processing of all corporate actions and shareholder meeting invitations.

Solid financing allows long-term planning 
Since 2017, sino AG is a strategic investor in the Trade Republic. Ingo Hillen, the financial service firm's long-standing CEO, brings in more than 25 years of trading experience and contributed significantly in building the Trade Republic. Initially, Ingo Hillen and Karsten Müller, as well part of sino AG's management, will be executive directors of Trade Republic. They will bring in their securities trading expertise to meet the BaFin's requirements on the management's banking experience.

Before launching, Trade Republic has already raised more than 6 million euros. In 2019, Trade Republic aims to extend its trading universe and roll out its offer within the Eurozone.

Waiting list is now open for sign-ups
Commission-free trading is now available in Germany. Customers can subscribe to a waiting list via the Trade Republic app or website to open their trading account as soon as possible.

"From day one, we will offer each customer the best stability and reliability. To guarantee a smooth experience, we will gradually transfer users from the waiting list to the account opening process," explains founder Christian Hecker. "The sooner the user registers on the waiting list, the earlier he or she will be able to start commission-free trading." The Trade Republic app can be downloaded as of now from the App Store or Google Play.
 

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IF YOU HAVE ANY FURTHER QUESTIONS, PLEASE DON'T HESITATE TO CONTACT US:
Bettina Fries
presse@traderepublic.com
+49 30 5490 63121

ABOUT TRADE REPUBLIC
The Trade Republic Bank is Germany's first mobile-only and commission-free broker. Users only pay a fee of 1 euro per transaction for the external settlement. The Trade Republic app provides a fast, mobile account opening, intuitive search and filter functions, a personal timeline as well as extended trading hours from 7:30 am to 11 pm.

Trade Republic customers can trade more than 6,100 German and international stocks as well as over 250 ETFs on indexes, commodities and currencies - commission-free. Stock price quality is supervised by the Hamburg Stock Exchange. Spreads are bound to the reference market XETRA (Deutsche Börse) if applicable. With is cutting-edge technology, Trade Republic realizes cost advantages and passes them on to its customers: no commission fee, no account fee, no negative interest rates. Trade Republic cooperates with renowned partners, such as HSBC and solarisBank.

Trade Republic holds a German banking license and is supervised by the Bundesbank as well as the BaFin (Federal Financial Supervisory Authority). The Berlin-based company was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri. As the first German broker, Trade Republic started introducing mobile-only and permanently commission-free stock trading in January 2019. In 2017, sino AG joined Trade Republic as a strategic investor.