Trade Republic Launches Child Savings Account with Unique ETF Features

Trade Republic, Europe’s largest savings platform, has introduced the Child Savings Account, allowing parents to save for their children's future with minimal cost. The account is fully digital and includes features like free savings plan execution, fractional trading, and ECB interest on cash. Notably, it offers Germany's first ETF with no fund fees until the child reaches 18, through a scheme called “Trade Republic Kindergeld.” This initiative refunds fees for select Vanguard ETFs, which are reinvested monthly.

The account supports family contributions via the “Savings Patrons” feature and prepares for the upcoming “Frühstart-Rente,” offering a government contribution for children from age 6. Starting early, with an average annual return of 7%, could grow significant savings by 18. Trade Republic's new account aims to democratize access to capital markets, attributing every euro directly to wealth-building.