Trade Republic Bank GmbH was established in 2015 as Neon Trading to offer a securities trading application. Trade Republic Bank offers worldwide stocks, corporate and government bonds, ETFs, derivatives and cryptocurrencies trading, and current accounts. In December 2023, Trade Republic Bank obtained its banking licence from the BaFin (Federal Financial Supervisory Authority) and in June 2024 opened its branch in the Netherlands.
Deposits up to 100,000 EUR are covered by the Netherlands' deposit guarantee scheme in Trade Republic Bank GmbH.
Trade Republic Bank GmbH participates in the deposit guarantee scheme of the Netherlands which applies to current accounts, savings accounts, term deposits made by private individuals, legal entities and covers up to up to 100,000 EUR per bank per depositor. Trade Republic Bank GmbH is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.
Trade Republic Bank GmbH is headquartered in Amsterdam.