Trade Republic is one of the most popular (neo) brokers in Germany. To trade stocks and cryptocurrencies, you must first deposit funds. In “How to” we explain how you can deposit money at Trade Republic by credit card and bank transfer.
Triggered by the Corona crisis, millions of people in Germany have started to deal with their money. Instead of (forbidden) negative interest on current and money market accounts, Germans are hoping for significantly higher returns by investing in the stock market.
Added to this is rising inflation. It ensures that the money that is unused in the account loses value even faster – even if 10,000 euros remain 10,000 euros, of course. Only: If the prices for products and services rise, wages would also have to rise to compensate.
Trade Republic: Deposit money – by credit card or bank transfer
It is therefore not surprising that more and more people in Germany are investing their money in shares, ETFs and funds. According to the Deutsche Aktien-Institut (DAI) in this country about 12.4 million investors. This corresponds to the highest level for 20 years.
But in order to invest in stocks at all, you first have to transfer the money to your clearing account at Trade Republic. This sometimes causes problems for users.
For this reason, in today’s “how to” we explain how you can deposit money at Trade Republic – either by credit card or by classic transfer from your bank account.
Next you open the app by Trade Republic on your smartphone.