If you invest in Europe, there's a good chance you use more than one broker.
A common combo:
- DEGIRO for broad ETF and stock exposure
- Trade Republic for simple, low-fee savings plans
Both apps are good at what they do. But they're not designed to show you:
- Your combined portfolio across both brokers
- Your true performance over time
- How these accounts fit into your overall net worth
In this article, we'll walk through:
- Why investors often use both DEGIRO and Trade Republic
- The problems with tracking each in isolation
- How to consolidate them into a single portfolio view
- Where a tool like Arfin fits into this
Why investors use both DEGIRO and Trade Republic
There are plenty of reasons to mix these two:
- Different fee structures (e.g. DEGIRO for occasional larger trades, Trade Republic for savings plans)
- Different available products
- Separate accounts for different goals (e.g. long-term ETFs vs "play money")
Nothing wrong with that – but it leaves you with fragmented information:
- Two separate apps
- Two different sets of charts and performance metrics
- No single "this is my portfolio" view
The problem with fragmented portfolios
When your investments are split across platforms:
- You can't see your overall asset allocation (e.g. how much is really in stocks vs bonds vs cash)
- You don't know your true diversification (e.g. overlapping ETFs or sectors)
- You may misjudge risk because each app shows only its own slice
- Performance comparisons become messy
Most people end up:
- Exporting CSV files
- Maintaining a manual spreadsheet
- Updating it once in a while and hoping it's "close enough"
There's a better way.
Step 1: Export your data from DEGIRO and Trade Republic
Both brokers allow you to export your positions and/or transaction history as CSV.
The basic process:
-
Log into DEGIRO
- Find the section for reports or export data
- Export your current positions and/or transactions as CSV
-
Log into Trade Republic
- Navigate to your documents / statements
- Export your portfolio or trades as CSV where possible
Even if you're not using a tool yet, keeping regular CSV exports is a great habit. It's your raw data and gives you flexibility later.
Step 2: Combine them into a unified view
You have three main options:
Option A: Manual spreadsheet
- Create a master sheet where you:
- List all positions (ticker, ISIN, quantity, broker)
- Add columns for currency, current price, value
- Manually update prices (or use an add-on)
- Build charts for allocation and performance
Pros:
- Full control
- Completely customisable
Cons:
- Time-consuming
- Easy to break formulas
- Hard to maintain over years
Option B: Local portfolio software
You can use local software where you:
- Import CSVs from each broker
- Let the software handle prices and performance
Pros:
- More automation than spreadsheets
Cons:
- Local files, manual management
- Not always cloud-based or mobile-friendly
Option C: Dedicated online tracker (like Arfin)
Use a tool that is built to:
- Import CSVs from DEGIRO and Trade Republic
- Fetch prices automatically
- Show one consolidated portfolio
Pros:
- Much less manual work
- Accessible from any device
- Built for holistic wealth tracking, not just one broker
What your consolidated dashboard should show
Once DEGIRO and Trade Republic are in one place, you want to see:
- Total portfolio value across both brokers
- Allocation by asset class (stocks, ETFs, cash, etc.)
- Allocation by region, sector, or currency
- Performance over time, not just today's P/L
- Dividends and cash flows consolidated
This is what actually matters for long-term investing and risk management.
How Arfin helps with DEGIRO + Trade Republic
Arfin is being built as a multi-broker wealth tracker with European investors in mind.
The goal is to let you:
- Import CSVs from DEGIRO and Trade Republic
- See all positions in one portfolio overview
- Understand your combined allocation and performance
- Place both brokers into the context of your overall net worth (including banks and cash)
Instead of treating each broker as a separate world, Arfin helps you see the whole picture on one dashboard.
Bringing it all together
Using two brokers can be a smart move. But it also increases complexity.
To summarise:
- Export your data regularly from DEGIRO and Trade Republic
- Decide whether you want to manage things in a spreadsheet or use a dedicated tool
- Focus on getting:
- A single view of your positions
- A real sense of your allocation and performance
If you'd like a tool that is specifically designed for this use case, Arfin might be a good fit.
We're currently working on CSV import flows and multi-broker analytics. If you want to be part of the early access group, you can join the waitlist and help us shape how DEGIRO + Trade Republic tracking should work for European investors.