Trade Republic Portfolio Tracking: What the App Doesn't Show You

Trade Republic made buying and selling stocks simple for millions of European investors: fast account opening, low fees, a clean interface. For trading, the app does its job well. For knowing whether your portfolio is actually performing, that's a different question. Here's what the app doesn't calculate, and how to get a real performance read from your Trade Republic history.

What the Trade Republic app gets right

The app shows an unrealized gain or loss per position, a total portfolio value, and a browsable transaction history. That's enough to track your holdings day to day and place orders quickly, which is what the app was built to do first.

What it doesn't show you

No time-weighted return (TWR). The performance figure you see blends the effect of your investment choices with the effect of your deposits. Fund a large amount right before a market rally, and your percentage gain jumps mechanically, with your strategy having done nothing special. Reading the app alone, you can't tell whether you're a good investor or just well-timed on your deposits.

No IRR (Internal Rate of Return). Unlike TWR, IRR is meant to reflect the real return on your money given exactly when you put it in. Without it, you don't know what annualized return your capital actually earned.

No underlying double-entry accounting. The app adds up positions, it doesn't track every transaction as a matched movement between a cash account and a securities account. In practice, that means if you're tracking several accounts or wrappers, nothing guarantees a coherent consolidated view.

A commonly misread number: dividends. The amount credited to your account after a dividend is already net of the withholding tax applied by the issuer's home country. A lot of investors track their dividend yield off the gross amount announced by the company, which systematically overstates what the payout actually delivered.

No multi-broker view. If part of your portfolio sits elsewhere, an old account at another broker, for example, Trade Republic obviously has nothing to say about it.

Exporting your history to go further

The good news: Trade Republic lets you export your full transaction history as a CSV file straight from the app. That file contains everything needed to calculate real performance: every buy, sell, dividend, and cash movement, with its dates, amounts, fees, and taxes.

Anelior imports that export directly

Anelior reads the Trade Republic CSV export directly. You upload it from the app, Anelior rebuilds your history under a strict double-entry accounting model (every transaction generates a matched cash/securities movement), shows a summary of the mapping assumptions it made (for example, the net vs. gross dividend distinction) so you can check it before confirming, then automatically calculates your cost basis, TWR, and IRR across your full imported history.

Keep the Trade Republic app for trading. Use Anelior to know, with real rigor, what your money has actually returned.

Try Anelior for free

Import your Trade Republic CSV export and see your real performance calculated in minutes, with a free trial and no commitment.