Trading 212 Review
Broker: Trading 212
Leverage: 1:30
Regulation: FCA, BFSC, CySEC
Min. Deposit: 1 US$
HQ: UK
Platforms: Proprietary Platform and Apps
Found In: 2006
Website: trading212.com
Trading Licenses
Trading 212 UK Ltd - Authorized by FCA UK (UK)registration number. 609146
Trading 212 Ltd. - Authorized by FSC, Bulgaria (Bulgaria), registration number. RG-03-0237
CySEC (Cyprus), registration number. 398/21
What is Trading 212?
Trading212 is a London fintech firm that offers democratized access the financial markets through free, smart and simple apps.
The broker has experienced strong growth since its inception in 2006. It was headquartered in the UK and initially served offices in Bulgaria. It is now one of the most popular platforms. They also support many international clients and provide direct service lines in many countries such as Argentina, Chile and Mexico.
Trading 212 allows investors to trade equities and currencies, as well as commodities and stocks.
Overview
Trading212 is a solid broker with good FCA regulation. Based on our research, Trading212 offers a great trading environment. They are one of the most respected brokers with the best education and videos. It is well-designed and loaded with professional tools. The instrument range includes Cryptos.
The trading platform and trading platform may not be suitable for advanced traders or professionals who trade larger volumes. There are also no multi-currency accounts.
Pros
Real stocks and ETFs are commission-free
Quick and easy account opening
Great trading platforms
Cons
Limited product portfolio
High forex fees
USD unavailable as account currency
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 4.7
Specifications
Trading 212 is a good platform.
Trading 212 acts as the principal for the execution of CFD orders. This means that Trading 212 operates under an STP execution model. Trading 212 also places great importance on execution, focusing on speed for all Client orders within the limits of technology.
The quotes you see are generated by execution Venues, the entities that place orders and execute them. These venues are connected via Trading 212 technology with the major global liquidity providers. This makes Trading 212 a very good platform, along with its conditions for trading.
Awards
Trading212 has achieved a number of success stories over the years. The broker also received numerous awards and good rankings from traders.
Trading 212's most innovative feature is its highly regarded mobile app. With more than 14,000,000 downloads, it has become one of the most downloaded trading apps in the world with numerous awards for excellence.
UK's #1 Trading and Investing App
Is Trading 212 a safe investment or a fraud?
Trading 212 is a trusted broker that has top-tier FCA regulation. They also have safety measures in place for CFDs and Forex trading.
Is Trading 212 legal?
Trading 212 is a trading title used by Trading 212 UK Ltd. (and Trading 212 Ltd. respectively), which are both registered in the UK. They are also authorized by Financial Conduct Authority. Parallel, Trading 212 Ltd. has been registered in Bulgaria and is regulated by Financial Supervision Commission.
What can you do to be protected?
The above-mentioned regulations ensure that client funds comply with regulations and are kept separate in segregated bank account. Along with the Financial Conduct Authority set, the Financial Services Compensation Scheme (FSCS) as well as the Investors Compensation Fund (ICF) in Bulgaria protect client's funds in the unlikely event that Trading 212 is not executed.
This means that every trader can be compensated in the event of a company's failure and is eligible for compensation up to GBP85 000 through the UK entity or the ICF Bulgaria compensation upto EUR 20 000.
Leverage
Leverage is a loan that a broker gives to a trader. It allows traders to trade with larger amounts than their initial capital. Leverage significantly increases the possibility of earning, but it also works in reverse .
Concerning the risks involved, the recent regulatory updates by the European regulators as well as the ESMA regime mandated that brokers in the UK and Europe set lower maximum leverage levels to protect their clients.
Leverage of Forex instruments and Currency Pairs is limited to 1:30
CFDs on Stocks and Indices up to 1:5according the instrument conditions
Commodity CFDs offer up to 10.0
Types of accounts
Trading212 offers one account type for live trading, and another specific account is intended to invest in Real Stocks or ETFs. You will have the opportunity to receive Fractional Shares and unlimited instant trades as part of your investment in shares. We really like Trading 212's proposal.
To get started and familiarize yourself with Trading212 platform, which can be quite complex for novice traders, sign up for Demo Account and then select the appropriate Live account conditions.
How do I open a Demo Account?
Signing up for a Practise Account is easy. We recommend it because Trading212 uses proprietary software and requires some familiarization before you can trade in real. You can also switch between Live Trading and Demo mode via your account area. This is extremely useful.
This guide will show you how to open a new account.
1. Click to load the Trading212 Sign in page. You can also sign up with an existing Facebook or Google account.
2. Fill in the personal data required (name, email, etc.).
3. Get access confirmation by email to your email address and go to your account management section
4. You can now enjoy your practice account with virtual 50,000$
You will need to verify your personal information in order to start live mode. The broker will ask for your ID, proof of residency, and utility bills.
Fees
Trading212 charges very low fees and a 0$ commission. Additional fees will be discussed in our Trading 212 Review. Please see the fee table below. A trader's activity can affect the trading volume and capital, which could make the offer more competitive and provide you with tailored solutions.
Trading 212 offers two trading options: Invest opportunity and CFD trading. Make sure to check the proposal carefully as fees and terms can vary.
Trade Instruments
Trading 212 fees are very competitive and offer some of the best spreads in the business. All trading instruments can be traded through Equities and CFDs.
Spreads
The Trading212 Spread offers fixed and floating spreads. However, there is zero spread trading by Trading212 on select currency pairs, one client at a time. Cryptocurrencies can be traded 24/7. They offer Bitcoin, Ethereum and Litecoin as well as Ripple and other speculation through floating spreads with a margin 10% and Spreads of approximately 55. Visit the official website for more information.
Commodities can also be brought to the trading platform with floating or fixed spreads (e.g. The Natural Gas spread starts at USD 0.03, with a minimum of 1 and margins starting from 0.5%. This is a very competitive offer in the industry.
Some popular instruments are also based on CFDs, as you can see in the table below. This makes it clear that Trading212 fees have been set at a reasonable level.
Overnight Swing trading
A SWAP (or overnight charge) is typically charged for any position that is opened for more than one day. This fee will be calculated according to the instrument. For EUR/USD, the short swap fee is 0.000002, and for long positions, it is usually -0.000151.
You may also compare Trading 212 fees to its peer BDSwiss.
Investment fees
Trading 212 offers great deals for Stock trading and investing. Trading212 has been offering free Stocks and ETFs trading since a long time. By fractional investing, you can trade stocks such as Amazon, Apple, and Google at the most expensive prices. Simply select a number of shares or an amount of invested money you want to trade starting at 1$.
There are no tricks in this offering. Trading212 simply offers traders the opportunity to speculate on Shares fluctuations without any commission fees, like other brokers. This is definitely a great offer.
Withdrawals and deposits
Trading 212 provides several ways to deposit money into a trading accounts. This will allow you to make seamless money transfers from and to the trading account.
Deposit Methods
You can use the following options to make your deposits
Credit and Debit Card
Wire Transfer
A range of e-payments available: Skrill and Dotpay, SafetyPay, SafetyPay, SafetyPay, Carte Bleue. Mister Cash, Direct eBanking. CashU. UnionPay
What is the minimum trading deposit for Trading 212
Trading212 Minimum deposit amount is 100 GBP, 100 EUR or 150. It is a great option for traders of different sizes and starting out.
However, it is important to confirm the terms of deposit fees. Depending on the payment method and currency used, a deposit chargebetween 0.7% - 3.5% will be charged.
Trading 212 Minimum Deposit vs Other Brokers
Withdrawal
Trading 212 withdrawal feesis at 0%means that there are no withdrawal charges, but Trading 212 withdrawal option via Bankwire or Skrill is eligible for the bank/Skrill fee requested by the service provider.
Methods for withdrawing
While withdrawal options are the same as deposit options due to regulatory regulations, withdrawals are often processed using the same method as deposits. However, you should check the terms with customer service. It is very common for higher withdrawals to be transferred to your bank account than your initial deposits.
Is it possible to withdraw money from Trading 212
Yes, Trading 212 allows you to withdraw funds by submitting a withdrawal request form. This can be found in your online account area under "Money Management Tab".
Trade Platforms
Trading 212 is a broker that caters to traders' needs using the most convenient technology. The broker chose to offer a single proprietary platform. It offers a wide range of instruments to trade with an easy-to-use interface.
Web Platform
Trader do not need to download the program as they can access it through any web browser.
Designed to simplify trading,nevertheless features all the tools you need for analysis, viewing and charting. It also includes a built-in calendar and real-time news feed.
Take a look and feel
The trading platform was easy to use for market analysis and trading. The charting is easy to understand and use. You may also find the tools that you need to place orders, set them up, or simply monitor it.
Mobile Trading Platform
The company's trading apps are another great feature. They allow you to trade from anywhere. Easy to use apps for iPhone and Android devices.
Placing Order
You can place an order by clicking on a menu or simply clicking on a tag in the chart. You will find all the risk parameters, including "Take Profit" and "Stop Loss", as well as your fees and order reports. There are options to modify or cancel your position, if necessary. Overall, we liked the Trading 212 platform navigation. We also found the trading process quite easy .
Is Trading 212 App safe?
Trading 212 is a licensed and reputable broker that adheres to high standards of operation and has implemented safety measures in its software.
Trading212 Apps eventually offer almost the same advanced trading experience that the desktop platform version, but with greater comfort 'on-the-go'.
App was nominated best mobile app in the UK due to its intuitive design and powerful performance.
Customer Support
Consider the customer service of your broker before you make a decision.
Trading212 is a strong contender in this area. Its customer service stands at a professional level with support Live Chats, phone calls, and email available in multiple languages. It is possible to feel calm knowing that you will receive prompt and quality advice.
Education
Online trading is all about knowledge. It is important to have a solid education and to practice trading using the strategies. Trading 212 Demo AccountOffering $10,000 in Virtual Funds allows you to trade without time and risk.
The broker also created comprehensive educational materials, including webinars and supporting resources, to help you understand markets and provide all the information you need. This is a huge benefit for beginners, and Trading 212 is suitable to trading novices.
Research
Trading212 has very limited research and analysis tools. Trading212 offers a variety of tools, including the Economic Calendar, News tab, which contains the most recent releases, and Daily Analysis, which provides detailed analysis for many major instruments.
Conclusion
Trading 212 Review rated Trading 212 as a broker offering zero commission and allowing traders to trade the stock exchange. Trading 212 acts as an agent, offering the best spread in the industry. Trading 212 is a powerful and easy-to-use trading platform. It is ideal for beginners, as well as those who are looking to learn from the company. Trading research tools may not be perfect, but it is still a good option if you consider the many other benefits.