Offering you high interest on Dutch and international stocks, ETFs, and cryptocurrency, the Trade Republic app is one of the best investment platforms available in the Netherlands.
Even better, it’s one of very few investment apps that provides a powerful savings platform for your cash.
Thanks to interest rates of 3% per year on your savings, opening an account with Trade Republic will offer you far more monetary benefits than sticking that money in a Dutch bank (many of which have interest that maxes out at 1.50% per year).
To put that into perspective, Trade Republic will earn you €150 on a deposit of €5,000 — whereas many Dutch banks can only offer you €75. 💸
In addition, while banks often require you to let your savings sit for a year or two before you can withdraw them, Trade Republic has no minimum fixed term. This means that you’re free to withdraw your money when and if you please!
Although the app doesn’t offer as many analytics as some of its competitors, its ease of usage and lack of monthly subscription fees truly gives it an edge when it comes to investing on the go.