If you have been watching the big US technology names run and you want a slice of them without buying single stocks, a Nasdaq 100 ETF is the usual route. The good news for Trade Republic users is simple: yes, you can buy a Nasdaq 100 UCITS ETF on Trade Republic, most of them come with a free savings plan, and the whole thing takes about two minutes once your account is funded.
The honest part is that “which one” matters more than “how”. The two names most people search for are Invesco’s EQQQ and the iShares Nasdaq 100 line (you will see it as SXRV on Xetra or CNDX elsewhere). They track the same index, so the differences come down to distributing versus accumulating, a small gap in ongoing cost, and which listing your app trades. I will walk through the choice and then the steps.
One thing up front, because it saves regret later: the Nasdaq 100 is not a diversified core holding. It is roughly 100 of the largest non-financial companies on the Nasdaq, leaning heavily on a small group of megacap tech firms. That concentration is why it has done so well, and also why it can fall harder than a global fund. Treat it as a satellite, not the foundation.
Which Nasdaq 100 ETFs are on Trade Republic?
Trade Republic lists thousands of UCITS ETFs and the popular Nasdaq 100 trackers are all there. In practice you will run into three families:
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Invesco EQQQ is the best-known ticker. The original EQQQ line is distributing (it pays you a small dividend a few times a year). Invesco also runs an accumulating version of the same strategy, often listed under a different ticker such as EQAC, which rolls dividends back into the fund automatically. If you are still building and do not want cash landing in your account, the accumulating line is usually the tidier choice.
iShares Nasdaq 100 is the BlackRock option. The accumulating share class trades as SXRV on Xetra (and as CNDX on other exchanges), and there is a distributing variant too. It is a large, long-running fund with deep liquidity, which is reassuring if you like the “biggest and most boring” approach.
Cheaper newer entrants. Providers like Xtrackers and Amundi have launched Nasdaq 100 UCITS ETFs at lower ongoing costs, and some of these appear on Trade Republic as well. If cost is your only tie-breaker, it is worth searching “Nasdaq 100” in the app and sorting by what is available. You can cross-check the full menu in our Trade Republic ETF list guide, and compare any two funds side by side with our UCITS ETF comparison tool.
EQQQ vs SXRV: how the two main options compare
Both funds track the Nasdaq 100, both are UCITS and Irish-domiciled, and both are available on Trade Republic in euros. The table below is the practical summary. Treat every figure as approximate 2026-vintage data and confirm the current numbers on the official factsheet before you buy.
| Feature | Invesco EQQQ (distributing) | iShares SXRV / CNDX (accumulating) |
|---|---|---|
| Index tracked | Nasdaq 100 | Nasdaq 100 |
| Dividend handling | Pays out (accumulating EQAC line also exists) | Reinvested inside the fund |
| Ongoing cost (TER) | ~0.30% (verify) | ~0.30–0.33% (verify) |
| Domicile | Ireland | Ireland |
| Fund size / track record | Large, long-established | Large, long-established |
| Free savings plan on Trade Republic | Usually yes | Usually yes |
| Best for | Someone who wants cash dividends | Someone reinvesting for growth |
The Irish domicile matters more than it looks. An Irish-domiciled fund benefits from the US tax treaty on the dividends its underlying stocks pay, so withholding is handled efficiently inside the fund rather than leaking away. That is one reason a European investor should stick to UCITS lines like these rather than the US-listed QQQ, which you cannot buy under EU rules anyway.
Accumulating or distributing?
For most people building wealth over years, accumulating (SXRV, or the EQAC line of Invesco) is simpler: dividends are reinvested automatically, there is nothing to redeploy, and you are not nudged into spending small cash payouts. The catch is tax. German residents, for example, face the annual Vorabpauschale advance-tax mechanic on accumulating funds, and a few countries treat distributions and accumulation differently. The general rule of thumb across the accumulating-versus-distributing debate is covered in our Trade Republic savings plan guide, but check your own country’s treatment before deciding.
How to buy a Nasdaq 100 ETF on Trade Republic, step by step
The mechanics are the same whether you pick EQQQ or SXRV. Assuming your account is open and verified:
1. Search the ticker. Tap the search icon and type “EQQQ”, “SXRV”, “Nasdaq 100”, or paste the ISIN from the factsheet. Trade Republic will show the matching funds.
2. Confirm the right line. This is the step people skip. Make sure you have selected the accumulating or distributing version you want, and that the line is quoted in euros. Trade Republic executes on LS Exchange and gettex in euros, so a euro investor has no currency conversion to worry about, but you still want the correct share class.
3. Choose a one-off buy or a savings plan. Tap “Buy” for a single purchase, or “Savings plan” to set up a recurring monthly investment. Fractional investing means you can put in an exact amount, for example €75, regardless of the share price.
4. Enter your amount and confirm. For a one-off order, type the euro amount or number of shares, review the cost note, and confirm. The trade settles into your custody account.
If you would rather start with a broad US index before adding a tech tilt, the same process applies to an S&P 500 fund. I walk through that in how to buy an S&P 500 ETF on Trade Republic, and the two make a sensible pairing.
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Setting up a free Nasdaq 100 savings plan on Trade Republic
The strongest reason to hold a Nasdaq 100 ETF at Trade Republic is the savings plan. You can schedule an automatic monthly purchase from as little as €1, dividends and fractions handled for you, and for most eligible ETFs there is no order commission on the execution. That turns a volatile, tech-heavy fund into something you drip into steadily, which is exactly how you want to approach an asset that swings.
To set one up, open the fund, tap “Savings plan”, pick the amount, the interval, and the execution date, then confirm. You can pause or change it any time. Dollar-cost averaging into the Nasdaq 100 smooths out the timing risk of buying a richly valued index in one lump. For the broader case for automation and why Trade Republic does it well, see why Trade Republic stands out for ETF investors.
The concentration risk you are signing up for
I want to be blunt here because the marketing never is. The Nasdaq 100 is not “US stocks”. It is a narrow, tech-dominated slice where the top handful of companies make up a large share of the whole fund. When those names do well, the index flies. When sentiment turns on big tech, as it did in 2022, it can fall faster and further than a diversified world fund. You are taking a concentrated bet on one corner of the market.
That is fine, as long as it is a deliberate choice sized as a satellite. My own approach is to keep something like this to a modest slice of a portfolio built around a global core. If you want the fuller landscape of options, our roundup of the best Nasdaq 100 ETFs for European investors goes deeper on the individual funds. For exact holdings, weightings and current cost, always read the provider’s own factsheet, such as the Invesco ETF site or the official Nasdaq 100 index page.
What I would do
If I wanted Nasdaq 100 exposure on Trade Republic and I was reinvesting for the long run, I would pick an accumulating euro-tradeable line, either the iShares SXRV or Invesco’s accumulating EQAC, and set up a small free savings plan rather than one lump. Between the two big providers the practical difference is minor, so I would let cost and share-class convenience decide, and check whether a cheaper newer line is available before committing.
If you specifically want cash dividends landing in your account, the distributing EQQQ is the straightforward answer. Either way, keep it as a satellite around a global or S&P 500 core, size it so a bad tech year would not derail your plan, and let the savings plan do the work.
Frequently asked questions
Q: Can I buy EQQQ on Trade Republic?
A: Yes. Invesco EQQQ, its accumulating counterpart, and the iShares Nasdaq 100 line are all available on Trade Republic, quoted in euros and usually eligible for a free savings plan. Search the ticker or ISIN in the app and confirm you have selected the share class you want before buying.
Q: Is there a free savings plan for the Nasdaq 100 on Trade Republic?
A: For most eligible Nasdaq 100 ETFs, yes. You can schedule an automatic monthly purchase from around €1 with no order commission on the savings-plan execution, and fractional shares mean your exact amount is invested. Availability can change, so check the fund’s savings-plan status in the app.
Q: Should I pick EQQQ or SXRV?
A: They track the same Nasdaq 100 index, so it mainly comes down to whether you want dividends paid out (the distributing EQQQ) or reinvested (accumulating SXRV or the EQAC line), plus a small difference in ongoing cost. For long-term compounding most European investors prefer an accumulating euro line. Verify the current TER on each factsheet before deciding.
Q: Is a Nasdaq 100 ETF a good core holding?
A: No, I would not treat it as a core. It is a concentrated, tech-heavy index dominated by a small number of megacap companies, which makes it more volatile than a diversified world fund. It works better as a satellite around a broad global or S&P 500 core.
Q: Why can’t I buy the US-listed QQQ in Europe?
A: EU rules require most retail investors to buy funds with a compliant key information document, and US-listed ETFs like QQQ do not provide one, so brokers cannot offer them to EU clients. The UCITS versions, EQQQ and iShares SXRV, give you the same index with better dividend-withholding treatment thanks to their Irish domicile.
Q: Do I pay currency conversion fees buying a Nasdaq 100 ETF on Trade Republic?
A: For a euro investor, no. Trade Republic executes the euro-listed lines on LS Exchange and gettex in euros, so there is no FX conversion on the trade. The fund still holds US stocks internally, so its value moves with the euro-dollar rate, but that is currency exposure, not a conversion fee.
European UCITS/ETF investor with 11+ years building a global dividend and index portfolio, and founder of Financial Expert Class. I write every guide here from first-hand experience investing across EU brokers and tax regimes — not theory. More about me →