What is the DZ Bank app being considered by Volksbanken?

It is a potential new brokerage platform under DZ Bank and Union Investment, built to serve both cooperative bank clients and non‑customers. The aim is simple onboarding, competitive fees, and broad access to ETFs and stocks, positioning it as a strong Trade Republic competitor for Germany’s retail investors.

How could a new app change pricing for retail investors in Germany?

It could push lower all‑in costs, more free ETF savings plans, and clearer venue fees. A serious Trade Republic competitor would match simple pricing used by German neobrokers, forcing incumbents and startups to keep fees transparent and to improve cash yields and execution quality.

What should I compare before moving my portfolio?

Check total annual costs, ETF plan fees, execution quality, venue transparency, and interest on cash. In retail brokerage Germany, also review tax documents, dividend processing, transfer fees, and service response times. Try a small test order before a full switch to a new provider.

Are my funds protected with a bank‑backed broker?

Bank cash accounts in the EU have statutory protection up to €100,000 per person. Securities are typically held in segregated custody. A Trade Republic competitor from a cooperative bank would still need to publish exact custody and protection details, so read the terms and customer information sheet.

Global Market Insights

February 24: Volksbanken Plan New Trading App to Challenge Trade Republic

ByHuzaifa Zahoor February 24, 2026

Germany may soon see a fresh Trade Republic competitor as Volksbanken and Raiffeisenbanken explore a central brokerage app under DZ Bank and Union Investment. We look at what a DZ Bank app could offer, how it may change pricing, and why German neobrokers should care. For retail brokerage Germany, lower fees and better savings plans could follow. We outline what investors should compare before moving their portfolios.