Toxic culture and poor management overshadow competitive pay - Senior Product Manager Trade Republic Employee Review

1.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Competitive pay, fast moving and interesting, Berlin office is cute.

Cons

Where to begin... Toxic culture, most managers have NEVER managed/developed anyone, no opportunity to provide feedback (nobody cares), focusing on pushing features with no regard for covering the massive gaps they leave open given the strict deadlines. AI adoption leads juniors to skip the important layers of learning to analyse data, so there are never real Root Causes identified, ensuring problems are never fixed in the long run, unless some senior loses sleep (more than usual) to conduct a proper deep dive and reverse all the bad work that has previously been done. People are afraid to speak up because of this perception that the company is ruthless and will just fire anyone who does not seem to be a 'cultural fit' (which they do). Work-life balance is a concept that is non-existent and even mentioning it will result in frowns from senior stakeholders. They are process driven, milking people for whatever they can provide and then get rid of them, seemingly unaware that a couple years down the line the knowledge was never retained and they are left with a bunch of people trying to patch issues that have only been made worse with time. In this pursuit, customers will lose... experience, money, life savings... After all, TR is a bank on paper but in reality a dumbed-down trading platform with card payments and escrow accounts (aka your money does not live there). - this is public information for those who bother reading the fine print. If you are thinking about leaving a job you love for more money but a risky start-up, I would say continue applying, this is not the one. The compensation is not worth the terrible experience you will have, no matter how many VSOPs they throw at you. DO YOUR RESEARCH - the reviews do not lie!

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Trade Republic Response
1w
Thank you for sharing your feedback and taking the time to reflect on your experience after leaving. We know our fast pace and high performance standards create a demanding environment, which can make communication and team changes feel intense. We wish you the best in your next chapter.

Explore other reviews about Trade Republic

5.0
19 Apr 2022
Recommend
CEO approval
Business outlook

Pros

- interesting project - nice startup flair

Cons

- potential wasn't used entirely

4
2.0
14 Apr 2026
Recommend
CEO approval
Business outlook

Pros

1. Smart people 2. Company is growing 3. People are professional and motivated

Cons

1. Forced curve means you can work hard and be fired. 20% of the company is fired for performance every 12 months. This leads to politics, the more senior you get. Got unlucky to not work on a critical project - potentially fired. Others in the team are older and better adjusted with management - potentially fired. 2. Salary is not premium enough to justify the effort and risk. You can get a bad rating for being unlucky to be in wrong team or project. 3. No engineering leadership 4. They downlevel you during hiring and promotions take more than hard work and delivery. 5. Senior, Mid all are rated together. Very tough to get rated and promoted as a junior. Overall thankless and similar effort anywhere else would get you more scope, growth, compensation. If you don't want to work hard, then this is not the place for you. If you want to work hard, you could grow more elsewhere.

7
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Trade Republic Response
1mo
We set high standards to keep our company focused and we recognize that this level of ambition creates a demanding environment that may not suit everyone. While we maintain these expectations to drive our mission forward, we appreciate the dedication of those who contribute to our growth.
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