The online broker Trade Republic is opening a new business area and will in future also offer investing in bonds. From now on, investors can invest in 500 government and corporate bonds every day, Trade Republic announced on Friday. “Until today, investors have had to rely on expensive banks or advisors to gain access to the bond market,” explained company co-founder Christian Hecker. You can invest in the titles starting from one euro. The hurdles for private investors are usually high when it comes to bonds, as a minimum investment of 1000 euros is often required. The new offering is in line with Trade Republic’s mission to democratize the capital market, the company said.
The increased interest rates in the euro area offer investors the opportunity to increase their money through bonds. With the start of bond trading there is also a new app version. This should make investing easier and more effective. Trade Republic also announced that it would pay interest of four percent to all existing and new customers on the uninvested cash balance from October 1st. The neo-broker, founded in 2015, now has customers in 17 European countries and assets under management worth billions. The company offers, among other things, investments in savings plans, stock shares, ETFs, derivatives and cryptocurrencies.