After entering your personal information, you can start the identification process directly in the app, which should only take a few minutes. Identification is carried out either by video or photo. The method will be assigned to you automatically, so there is no choice.
Video identification
If you click on Start video identification, you will be contacted with a personal contact from WebID or Konto-Ident, our Identification partners, who will identify you by comparing your personal and ID data.
The ID card (front and back) is automatically recognized and read as soon as you hold it up to the camera upon request. The security features are also checked.
Photo identification
If you click on Start identification, our partner Fourthline needs access to your camera. Once access is activated, you will need to upload images of your face and ID (front and back). The security features are also checked.
After verification, you need to make a SEPA transfer within 30 days of registration to fully verify your account. If the transfer does not occur in this period, you will have to go through the identification process again.
When you are finished and all steps have been completed, WebID or Fourthline will send all data and documents securely to us so that your Trade Republic account can be opened. There is no cost for the identification process.
If there are longer waiting times, we recommend that you carry out the identification at a later date.