[00:02] in Portugal.  Now it's not always easy to know whether we should use it or even how we responsibility to know where we're going to put our money.  And because I know what it's like to be undecided or unsure if this is the right path, I
[00:15] 'll simply tell you everything you need to know about the platform.  Let's look at the brokerage firm goes bankrupt, let's look at the commissions, and let's also see how to platform.  So, hello, my name is Gabriel Ferreira. If you're new here, I
[00:29] study ways to make money online, and we're pursuing the goal of this while I teach you along the way. I also want to make it clear that I will find here is solely my opinion.  And by the way, many
[00:41] thanks to Trader Publicar for supporting this video.  I also want to emphasize that nothing I say in this video will be affected by the Trader Republic partnership. Everything here is my opinion, with or without encouragement.  Let's see the good,
[00:53] let's see the bad.  On this channel you will only see platforms that I use and trust. speak ill of someone, I will speak ill of them, without any problem.  So, point number one, we look at commissions or features, there's one thing that has to
[01:06] best platform in the world, but if it doesn't inspire confidence in me, there's no point in looking at the rest.  TR Republic is a German bank regulated by BAFIN, which is the German regulator.  This is the equivalent of our CMVM in Portugal
[01:18] or the SEC in the United States.  The job of this regulator is to supervise and ensure that these entities follow the rules of conduct, transparency, and very important for investor safety, and therefore for our safety as well.  In addition
[01:30] Bank, which is the Central Bank of Germany, the equivalent of our Bank of these names correctly.  Therefore, this ends up playing a very important role in guaranteeing the deposits offered by the platform, up to €100,000, which is the
[01:43] Trade Republic is based in Berlin, Germany, and its services are .  It has over 18 million users and €100 billion platform, you can invest in ATFs, stocks, bonds, cryptocurrencies, and
[01:58] more.  And you can also invest your money at a TAMB rate, currently 2%, which is paid monthly. These percentages may change, so the video, well, you know, it can vary, either higher or lower.  But what
[02:12] a platform of this size, going bankrupt means something very serious has to happen or has to fail, but we can never say for sure that it understand and be prepared for such an eventuality.  Here we have
[02:25] different kind of protection.  [Music] It's different from your money invested in assets like stocks, TF, cryptocurrencies, etc.  Or you can simply leave your money sitting on the platform offer, which we'll talk about later.  So, starting with your capital invested
[02:39] movable assets, those assets, the property is yours, even though they are publicly traded, but anyway, the securities are yours.  This is a common system you are the beneficiary of your assets, in case of bankruptcy, and since these are in accounts
[02:53] separate from Trader Republic's account as a company, it is easier to brokerage.  The locations where Hong Kong and Shanghai Banking Corporation, one of the world's largest banks
[03:06] .  And although it has this name, it is currently based in London.  And then there's securities settlement and custody institution responsible for ensuring that when correctly recorded, the securities are stored, and the money changes hands
[03:20] securely.  And in this context, there is also loss protection up to .  This is called Germany's investor compensation system. So, what about your uninvested capital? It's protected by law up to
[03:34] European deposit guarantee fund. Currently, Trader Republic uses Dutch Bank, JP Morgan, and Citibank Europe.  Of course, risks still exist. No one can guarantee that these entities won't go bankrupt, but the probability is
[03:46] low, given that they are highly regulated and very financially sound.  But a platform, and Trade Republic delivers on that, we also analyzed the usage costs because if they aren't good, that might be enough
[04:00] known as an inexpensive brokerage.  You don't pay any kind of fee, in this case a your account active.  Regarding deposits, there's a paid version and a free version. card, Apple Pay, or Google Pay, although your first deposit is free,
[04:16] subsequent deposits will incur a 0.7% fee.  Now, if you make a bank transfer, there are no fees charged by the platform. Regarding asset purchases, you pay 1% for each transaction you make on the offered assets, such as changes, ETFs,
[04:28] bonds, etc.  Now there's a way for you to avoid paying, which is if you make these , which I'll show you when we get to the practical part of the video.  And if you want to buy assets with a base currency, for example, in dollars, and we have euros
[04:40] conversion rate available on their website, which I'll leave in the description.  One we'll look at next is its card, which is shown here, but you'll learn how its fees work in the meantime.  If you want access to this
[04:53] , you can pay €5 once for a standard version, or €50 for this premium version.  Ultimately, it changes the aesthetics.  You can find this version here.  Don't mind me, mine it.  If you want to use the virtual card, you don't have to pay anything to
[05:07] get the card.  Then, for ATM withdrawals, anything over €100 is €100, you pay a €1 commission.  As you can see, this commission structure is, well, advantageous for those who want an experience with little or no cost.
[05:20] when you have costs, it's cheap, at least in my opinion.  Now we are this card.  After registering, you'll find the link in the description. If you want to this page here, then complete the registration process and everything else.  It's a quick thing until it
[05:34] breaks.  As you can see, this page is super minimalist.  To deposit transfer if you want to deposit money here.  If you don't want to, don't do where you can see it, and you can pay by Apple Pay card or
[05:46] bank transfer.  Bank transfer is the free option.  If I click here on enter the amount here and it's almost accepted, but then there are the fees.  If you want to withdraw the money, click here to transfer and then click where it says send.  And here, in this
[05:59] case, I already have my account here, which will be blurred because my account is being logged out.  And here, at the bottom, you can see where you can send money and also a simple way to make deposits and withdrawals.  It's simple.
[06:12] investment level, we'll look for our asset and then we can choose a directly, and we'll see the differences later.  I'll search and bam, I'll select any ETF here, it could be this one, the MSI World, which is
[06:24] am showing here is just an example. This is not an asset recommendation this works in the application.  So, in order, starting from the top, we have this one here, which is for us to put on our homepage.  In other
[06:36] homepage, I can see in my watchlist that I have words, it's basically like a shortcut.  I have here the various versions: the daily view, the weekly view, the monthly view, the annual view, and the maximum view, which is available here.  OK?  Then, in
[06:51] can get here, not only the index, the ZIN, which is like the code for this ticker, who the issuer is, and the currency you are investing in.  Therefore, we have these documents below you can find what we call a
[07:07] factet, which is all the information explained about this investment. to invest and everything else, it's advisable to at least take a look here, analyze as much as specialized websites, for example Justf, where you can do this, but if you want to
[07:20] use everything here, you can use it to get this quick information for now , we have the main statistics here.  This is an here the dimension of the background.  Generally, this isn't a hard and fast rule, but generally
[07:33] meaning it has more liquidity and greater security.  Here we have the Here's how much it will cost you annually to have this fund.  It will cost 0.20% of 20% per year.  Here, in this case,
[07:46] cumulative form.  Accumulating.  This means that companies can pay you to keep your investment there, OK?  These are dividends, a distribution of profits, OK?  And wallet or you can have them automatically reinvested in the
[08:01] automatically reinvests that amount back into your investment.  Then we have other information here, such as daily and weekly highs, or when it little more [music], in my opinion, it 's a little more irrelevant.  Next,
[08:14] we have price alerts here.  This part might be interesting if we could ask [song] hit a certain price.  So let's suppose I want to add an asset.  Look, I want to get there when this asset is at
[08:27] this alert set up here.  When the price reaches €100 for the asset I'm trading, I will receive a notification.  OK?  Just so you know.  [music] Next, we have some additional information here.  We have Nevidia here, which is part of this
[08:40] asset here.  We have the technology industry here, which is also part of this large buttons here, which is perhaps the main thing you can distinguish between me making a one-time purchase and me deciding,
[08:53] for example, to make a purchase of €250.  Please confirm that everything is OK; you want to purchase MSI World.  I'm placing an order to buy 2.37 of this asset at 150,105 € per share.  Then I'll pay a €1 fee because, well, I'll only buy it
[09:07] fee because, well, I'll only buy it once, and the total here is €251.  OK?  I want to invest 250 [in music] but I'll pay 251. Okay, that is if you want to make a single purchase.  If you want to save this amount, and even set up a recurring plan
[09:21] automatically invested, you can click here to save, and we'll create in my savings plan I want to invest €100.  I want to invest these €100 every month at the beginning of the month.  And here you can see that I'm going to
[09:34] in this case, is the balance that I have in my account. here for this to be invested automatically. The asset I chose was just an example; in this case, it was the MSCI World, and it starts on September 2nd.
[09:47] The monthly fee is free, so it will be a total of €100.  There you go, it's free , right?  There's always a way to save on fees.  Which of these two molds is right answer, because it's like this: if you're making a plan where you actually do a
[10:01] DCA (Direct Capital Acquisition), a regular investment and everything, and you take advantage of it and don't pay the €1 fee.  Whether you do it every month or every two weeks, you're always saving around €12 or €24 every year, which can make a
[10:13] in stocks or something similar and you only buy at specific times, well, you probably won't be that's not your goal.  OK? However, the higher the value, the smaller this commission.  The lower the value, the higher the commission.  Like this?
[10:27] In percentage terms, [music] if I invest €50, I will pay €1 of that €50.  It's a lot, but if I invest 1000, I'll only pay 1 euro out of the 1000 euros, which starts to become last thing, here on the main menu, you'll be able to see your
[10:39] savings plans and your orders, all in this first menu.  Next, we'll go into this area of ​​the card.  It's something I use fairly regularly.  Let's look at the juries at the table, let's see the statistics,
[10:52] So let's click here on the balance, which is where we'll see it.  And I can see my card here.  In this case, I have this model and I can card requests.  In this case, I have the option to freeze, set limits, manage
[11:06] security, and then I can have these benefits activated.  What does that round-up at the bottom means that for every purchase you make, imagine you make a purchase and it was 10.50.  Basically, round your value up.  In this
[11:22] automatically invests this in an investment, in an asset that you choose to invest in.  Basically, Saveback is only activated if you To be able to activate it.  And what does this mean?  For all the purchases
[11:36] you make with this card, which is a Visa debit card, right?  You make the purchase, and 1% of the value of that purchase also goes to your asset, to your cashback, it's a save backack, because it will take your money and
[11:49] put it back into your invested asset, OK? Then here in the middle menu I at this point.  As I mentioned before, regarding the 2% fee , I've already received 197.83, which is money I wouldn't have received if I weren't here.  Of course, this has risks,
[12:05] obviously, but in this area of ​​TB and everything else, they are much reduced. if you want to have an overview of things.  For example, here in receiving more, I had a deposit of €1500.  However, eventually, money
[12:19] increases.  So, since the return is a percentage and is based on the money you have in this mode here, which is idle and not invested, your returns will also change.  Now, very importantly, you will have to pay taxes on your
[12:32] Public has some things here that make it easier for you.  So, let's look at this menu up here and start with these taxes.  Regarding these taxes, I will have the annual tax report here; that is, since I have the Portuguese level of education and
[12:45] help me understand what I have to do when it comes time to file my income tax return. I'll keep this small here because this is my information, but basically I have it ready to almost copy and paste when
[12:59] filling out that tax return.  And this makes the great if all brokerage firms offered this.  Not all of them offer it, because it's really very useful.  Then we have the statements here, which you can use whenever you
[13:12] want to see all the transactions, the money you have here, so the taxes, everything.  Here in the back you can see that you have place, which is great.  Then, obviously, you have the settings, and well,
[13:25] this is the normal stuff for applications: passwords, logins, appearance, how to manage notifications, documents—it's all here.  Finally, we have customer support here.  That's right, the application isn't perfect.  I,
[13:37] personally, have never used customer support, but I know from being told [music] that at the moment customer support is slow, OK?  It's not the best you value this, it's something you have to think about.  And taking this into account, and
[13:50] having already shown the application, because it's something super simple, it's one of the simplest applications, there's not much to do, is it this or this?  Therefore, good for others.  So, let's look at my opinion, which is what's missing
[14:04] this app is and isn't for, in my opinion, in my view.  Let's start with the are also the differentiating factor of this platform.  The major drawback here is that limitations in in- depth analysis, limitations in tools,
[14:18] and even limitations of some assets themselves, are real .  That's all.  You don't have, you can't just put a bunch of indicators here, draw some lines, have 100 those who want a simple plan, which is why they are sometimes called savings plans,
[14:30] investment plans.  And then here's the second biggest drawback at the moment: the reasons I've already mentioned .  Therefore, if you are someone who values ​​having a large, deep platform with lots of assets, and you don't
[14:43] common ones, but also want to delve deeply into other things, this might not make think it has a great number of advantages, which I'll also tell you about: if fast, intuitive experience, meaning you can solve your problems in a few clicks and it's done,
[14:56] this app is for you.  It has a strong security base, various investor protections, offers interest through its annual net interest rate (TANB), a physical card, and you also have €0 commission if you take out savings plans or €1
[15:08] direct orders.  If you're someone who only makes very small purchases, not be interesting for you if you only want to make the investment in October, or if you have one that's recurring, everything's fine.  But if you have little money
[15:22] and only do it occasionally, like, this €1 here, €1 there, if you have these amounts of €10, €20, €30 here and there, then it can make a difference.  OK? Regarding the banks that the platform uses, they are renowned, very well
[15:35] -known banks, and, well, all of this contributes to peace of mind, obviously, in this case, mine, yours, and everyone else who uses the platform.  Again, I can't probability is starting to decrease.  So, it's a platform that I really like, that
[15:47] investment plans they have.  Hey, and at least watching it is free. interests you; the link is in my description.  If you're someone who's , but feel you have difficulty raising capital or
[16:01] this video to help you understand how you can increase what You have several strategies and a practical plan to get started.  As practical plan to get started.  As always, thank you for watching.