Step-by-Step Tutorial: Setting Up an Investment Portfolio on Trade Republic in 2026

Curious about how to invest on Trade Republic 2026? This hands-on tutorial will walk you through every step: from opening your account, depositing funds in EUR, choosing your first ETF or stock, to setting up automated investing. You’ll get detailed instructions, real-world examples, and actionable tips tailored for European investors—no guesswork required.

Step 1: Download and Register on Trade Republic

What to do: Start by downloading the official Trade Republic app from the Apple App Store or Google Play Store. Open the app and tap “Start registration.”

• Enter your email and set a secure password.
• Follow the on-screen prompts to provide your personal information (full name, address, date of birth, etc.).
• Verify your identity using your EU ID or passport (video identification is required—have your document ready).
• Confirm your tax residency (usually your country of residence; Trade Republic will ask for your Tax Identification Number).

Why it matters: Regulation requires strict identity verification (KYC). This process protects your account and ensures compliance with EU financial laws.

What can go wrong: If your ID is expired, blurry, or not accepted, verification will fail. Ensure good lighting and a stable internet connection during video identification.

Expected outcome: Your account is created and pending approval (usually within minutes to a few hours).

Step 2: Deposit EUR Funds into Your Trade Republic Account

What to do: Once your account is approved, log in to the app. Tap “Account” (bottom right), then “Deposit.” You’ll see your unique IBAN for your Trade Republic account.

1. Initiate a SEPA bank transfer from your personal European bank account to your Trade Republic IBAN.
2. Enter the amount you want to invest (e.g., €500 as an initial deposit).
3. Use your full name as the reference if requested.

Why it matters: Funding your account with EUR is required before you can buy any investments. SEPA transfers are typically free within the EU.

What can go wrong: Transfers from non-EU or third-party accounts will be rejected. Only send money from an account in your name.

Expected outcome: Your EUR deposit appears in your Trade Republic account, usually within 1-2 working days (sometimes faster).

Step 3: Select Your First ETF or Stock

What to do: Tap “Discover” in the app to browse available ETFs or stocks. Use the search bar to find specific ETFs (e.g., iShares Core MSCI World UCITS ETF (ISIN: IE00B4L5Y983)), or filter by asset class, region, or theme.

• Tap on an ETF or stock to view detailed information: performance, fees (TER), distribution policy (accumulating/distributing), and top holdings.
• Compare the Total Expense Ratio (TER)—lower is generally better for long-term investing.
• Check if the ETF is accumulating (reinvests dividends) or distributing (pays out dividends), depending on your tax situation and preference.

Why it matters: Your choice of ETF or stock determines your diversification, risk, and potential returns. Most beginners start with broad, low-cost ETFs like the MSCI World or S&P 500.

What can go wrong: Picking high-fee or niche ETFs without understanding them can lead to poor performance. Always read the factsheet (linked within the app) before buying.

Expected outcome: You’ve identified your first ETF or stock and are ready to place an order.

For a thematic approach, see How to Invest in Thematic ETFs as a European: Opportunities and Risks for 2026.

Step 4: Place Your First Order (Buy ETF or Stock)

What to do: With your chosen asset open, tap “Buy.” You’ll be prompted to enter the amount (in EUR) or the number of shares you want to purchase.

1. Choose “Market order” for instant execution at the current price, or “Limit order” to set your maximum price (useful in volatile markets).
2. Enter your order details (e.g., €200 into iShares Core MSCI World UCITS ETF).
3. Review the estimated fees (Trade Republic charges €1 per trade or €0 for certain savings plans—double-check before confirming).
4. Tap “Buy now” to confirm your order.

Why it matters: The order type determines your execution price and cost. Market orders execute immediately, while limit orders give you price control but may not fill instantly.

What can go wrong: Placing large market orders outside trading hours can result in poor prices (“slippage”). Always check the current market status.

Expected outcome: You should now see your first ETF or stock purchase confirmed in your portfolio, with a value close to your input amount (e.g., €200).

Step 5: Set Up Automated Investing (Savings Plan)

What to do: Tap “Portfolio” → “Savings Plan” → “Create savings plan.” Select your ETF or stock from the list.

1. Enter the monthly amount you wish to invest (minimum €1 for most ETFs).
2. Set the execution date (e.g., 1st or 15th of each month).
3. Choose your payment source (usually your Trade Republic cash balance; some countries support direct debit).
4. Confirm your savings plan. Trade Republic will automatically invest the amount on the chosen date each month.

Why it matters: Automated investing (also known as “cost averaging”) reduces emotional decision-making and builds wealth steadily over time.

What can go wrong: Insufficient cash in your account on the execution date will cause the savings plan to fail. Ensure you transfer funds ahead of time.

Expected outcome: Your savings plan is active. You’ll see scheduled investments in your “Upcoming” tab and receive push notifications when executed.

For more automation options, see How to Automate Your Investments on Trade Republic and DEGIRO (2026 Step-by-Step Guide).

Step 6: Track and Review Your Portfolio Performance

What to do: Tap “Portfolio” to view your holdings, current value, and performance graph. Trade Republic shows your total return (including dividends/distributions) and percentage gain/loss.

• Tap on a specific asset for a detailed breakdown: purchase history, average price, and performance over different timeframes.
• Use the “Reports” section to export your transaction history for tax purposes.
• Review your portfolio allocation (e.g., % in stocks, ETFs, cash) to ensure it matches your risk profile and goals.

Why it matters: Regular tracking helps you stay on course, rebalance if needed, and avoid emotional reactions to market swings.

What can go wrong: Checking your portfolio too often can lead to impulsive decisions. Stick to a monthly review schedule unless you need to make changes.

Expected outcome: You have a clear, real-time view of your investments and performance in EUR.

Common Mistakes When Investing on Trade Republic

• Depositing from a non-personal or non-EU account: Always use your own EU bank account for smooth transactions.
• Ignoring fees: While ETF savings plans are commission-free, regular trades cost €1 each. Minimize frequent small trades to avoid unnecessary costs.
• Investing without research: Don’t just pick trending ETFs or stocks—read the factsheet, check the TER, and understand the underlying assets.
• Not automating investments: Relying on manual investing often leads to missed opportunities. Set up a savings plan to stay consistent.
• Neglecting tax obligations: Download annual tax reports and understand local capital gains/dividend tax rules.

Next Steps: Growing and Diversifying Your Portfolio

Congratulations! You’ve learned how to invest on Trade Republic 2026 and set up your first automated investment. As your confidence grows, consider the following:

• Diversification: Add more ETFs (bonds, emerging markets, thematic sectors) or explore fractional shares of global stocks.
• Rebalancing: Review your allocation at least once a year and adjust if your risk profile or goals change.
• Learning: Explore advanced strategies, such as thematic ETFs or alternative assets. For example, see How to Invest in Gold and Precious Metals as a European in 2026.

Remember: Consistency, low fees, and diversification are key principles for European investors.

Disclaimer: This article is for educational purposes only and does not constitute financial advice. Always do your own research and consider consulting a qualified financial advisor before making investment decisions.