Nate Chesno Email

Head FP&A . Trade Republic

Current Roles

Employees:
1266
Revenue:
$235.3M
About
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. Besides that, Trade Republic is the first broker in Germany to offer its customers the long-term offer of zero-fee saving with more than 300 ETFs, starting with a minimum of 25 euros ? only the customary product costs apply. 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. Derivatives can be traded from 8 am to 10 pm on trading days. Trade Republic customers can trade more than 7,300 German and international stocks, about 500 ETFs on indexes, commodities and currencies as well as 40,000 derivatives ? commission-free. Stock price quality of stocks and ETFs 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. In 2017, sino AG joined Trade Republic as a strategic investor. As the first German broker, Trade Republic started introducing mobile-only and permanently commission-free stock trading in January 2019. Following its successful market launch, the company was able to raise more than 10 million euros in a Series A round of financing in July 2019 and attracted two of Europe?s leading venture capital investors, Creandum and Project A.
Trade Republic Address
Berlin, Berlin 10435, DE
Berlin, null
Germany
Trade Republic Email

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