Direct comparison
Two Germany, Austria and Switzerland broker apps with spread buying - stop orders and Stuttgart context vs. Neobroker with stocks, ETFs and crypto.
Key differences to help you choose, without an overall score.
| criterion |  BISON |  Trade Republic |
|---|---|---|
| Recurring buys | Yes · from EUR 0.01 | Yes · from EUR 10 |
| Payout your own wallet | Yes · free | Yes · plus network fee |
| Support | Ticket system | Live chat |
| Cost modelCost model: “Order book” = maker/taker fees. “Spread” = markup in the displayed price (typical broker/app) — no classic maker/taker rates. | spread | Spread + EUR 1 Flat |
| Order types | Market, limit and stop in the app | Limit and market orders in the app |
| Costs (EUR 1,000 one-time purchase) | EUR 12.50 · 1.25% Spread | EUR 1 plus spread |
| To the offerAffiliate links |
| criterion | BISON | Trade Republic |
|---|---|---|
| Headquarters | Germany | Germany |
| MiCA licenseMiCA / CASP: EU crypto regulation. CASP = authorized license. Passporting = EU-wide use via an approved entity. Unclear = status not reliably documented. | CASP license (authorized) | CASP license (authorized) |
| KYC / VerificationKYC (Know Your Customer): How closely the identity is checked. “None / Wallet” = often just Wallet Connect. “Standard” = usual ID check. “Complete” = ID plus proof of address or similar. | Complete (ID + Address) | Complete (ID + Address) |
| Deposit | Bank transfer (SEPA), SEPA Instant, card | Bank transfer (SEPA), SEPA Instant, card |
| app | ✓ | ✓ |
| Staking | ✓ | ✓ |
| Futures / PerpsFutures / Perps: Futures contracts or perpetual perpetuals with leverage. High risk of loss up to total loss — not the same as spot buying. | ✕ | ✕ |
| German tax reportTax report DE: Export for German tax. “Native” = provider report. “CSV” = file import into tools. “API export” = automated retrieval. “No report” = document yourself. | Native | Native |
| API + Sub Accounts | API: No · Sub: No | API: No · Sub: No |
| EUR spot pairs | 20–100 | 20–100 |
| Proof of ReservesProof of Reserves: Whether the platform publishes reserves (often with liabilities). “Self-certified” ≠ independent testing; “Third-party attested” = external confirmation. | None | None |
| Maker/Taker baseMaker/Taker: Order book fees. Maker provides liquidity (limit order), taker takes it (market order). Often “n/a” at spread brokers. | n/a (spread) | n/a (spread) |
Conclusion — Strengths, limitations and suitable uses. Your workflow and the functions it requires are what matter.
This crypto exchange comparison compares BISON and Trade Republic as providers for purchasing crypto in one app. The central cost question is: How many coins do you receive for the same total euro amount, and what does the subsequent payout cost? Compare the same asset, the same amount and, if possible, the same time. Card rewards and new customer bonuses are not included in this purchase invoice.
BISON quotes an average prorated spread of 1.25% for BTC and ETH and 1.75% for other cryptocurrencies; the actual spread may vary. BISON's fee overview also distinguishes between free SEPA deposits and card deposits with 2.49% and shows crypto withdrawals as free (access 19.09.2026). A spread already included in the offer price will not be added again.
On its German crypto site, Trade Republic describes recurring investment plan options without additional costs in addition to the spread. According to this source, there are network costs for transfers to external wallets, but no transfer fee (access 19.09.2026). The specific spread of an individual order and the respective network fee are not quantified here. Therefore, the table does not give a complete total euro price and no cost winner. Read the cost preview of your specific order; The recurring investment plan statement is not automatically transferable to individual purchases.
For self-custody, you also check the specific asset, the supported network and the minimum amount. A general wallet withdrawal function does not confirm the withdrawal of every coin. The guide to your own wallet separates purchase and transfer.
BISON and Trade Republic also differ in order types and the remaining product scope. Check the proven features instead of a blanket recommendation: BISON and Trade Republic.