Trade Republic advances fixed income in Portugal

Trade Republic has launched a new fixed income product in the wealth management sector.

Following the launch of Private Markets, Trade Republic now introduces the second of three new asset classes, which includes Fixed Income/Interest products with returns planned for several years.

The new Fixed Interest product provides access to a wide selection of fixed-term bond ETFs, including US government and corporate bonds, with average returns between 1 and 3 percentage points higher than traditional savings accounts. Interest is paid quarterly and credited directly to the client's balance.

Since 2023, Trade Republic has distributed €2.5 billion in interest to its users, solidifying its position as Europe's largest savings platform.

Pablo López Gil-Albarellos, Trade Republic's country manager for Spain and Portugal, explains that "for too long, investing in fixed-income products has been complex, characterized by high minimum amounts, commissions, and limited supply. With this new product, we want to make investing more accessible and transparent, offering fixed-income bonds with no minimum amounts, quarterly interest, and no hidden fees. Our goal is simple: to help everyone make their money earn more than a traditional savings account," he says.