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Review Trading 212

Trading 212, founded in 2004 as Avus Capital and later incorporated in the UK, offers global trading in CFDs, forex, stocks, and ETFs. Headquartered in London, it’s regulated by the UK’s FCA and Bulgaria’s FSC. While its portfolio lacks options and bonds, and forex fees are high, its app’s 12 million downloads reflect its popularity. Users access stocks, Forex, indices, ETFs, and cryptocurrencies. Regulated by the top-tier FCA, Trading 212 is considered a safe and user-friendly platform.

Recommended to:

Trading 212 is great for beginners because it offers commission-free trading, which helps save money for those just starting out.

Pros

  • Commission-free trading on a wide range of asset types
  • Account opening is quick
  • Trading platforms are great

Cons

  • The product portfolio is limited
  • No phone support
  • Forex fee is costly

Review’s Keypoints

Country of regulation

UK, Bulgaria

Minimum deposit

$1

Time to open an account

1 day

Trading fees class

Average

Deposit with bank card

Yes

Number of base currencies supported

12

Products offered

Stocks

ETFs

Forex

Depositing with electronic wallet

Not available

Demo account provided

Yes

Fees

In the sections below, you will find the most significant fees of Trading 212 for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

Pros

  • Stock and ETF trading are free
  • Minimal CFD costs
  • No inactivity fees

Cons

  • Finincial rates are high
  • Forex rates are high

Trading 212 Costs

Assets
Costs Level
Costs Terms
Assets
US Stocks
Costs Level
Low
Costs Terms
$0
Assets
EU Stocks
Costs Level
Low
Costs Terms
€ 0
Assets
US Options
Costs Level
-
Costs Terms
Not Available
Assets
EU Op[tions
Costs Level
-
Costs Terms
Not Available
Assets
US Futures
Costs Level
-
Costs Terms
Not Available
  • ***1000 in EUR or USD for the stocks transaction
  • *** Price per contract for Options & Futures

Transfers

Trading 212 offers free deposits to CFD accounts and for bank transfers to Invest accounts, although available electronic wallets vary by country and this isn’t always clear. There are also no withdrawal fees, and you can use the same methods for withdrawal as for deposits. Our test of debit card withdrawal was efficient, taking only 1 business day.

Pros

  • WIdthrawal is free of charge
  • Credit/Debit card transfer available

Cons

  • Limited Availability of Electronic Wallet

Trading Platforms

Web Trading Platform

Trading 212's platform stands out for its mobile-optimized, user-friendly interface that balances simplicity with a comprehensive set of features and analysis tools. It allows for versatile trade placements and multiple operations on the same pair. While some may prefer the complexity of platforms like MT4, many appreciate Trading 212's bespoke feel. Additionally, its demo account lets traders explore and find their preferred trading style.

Mobile Trading Platform

Trading 212's mobile app, available on Android and iOS, is user-friendly with efficient search and alert functions. It features a secure two-step login with biometric access. While the app allows for push notification alerts, it does not support SMS or email notifications

Desktop Platfrom

Offering

Trading 212 in numbers:

0
Tradeable Assets
0
Forex Pairs
0
Countries

Stocks and ETFs

You can invest in real stocks with a wide portfolio selection, including a large variety of stocks

Currency Pairs

Trading 212 has more than 180 currency pairs, available 24/7

Forex

An extensive forex and commodity selection is available. However, its stock CFD and stock index CFD selections are average, and the amount of ETF CFDs offered is low.

Tools

Trading 212 provides charting tools and fundamental data; however, it lacks a news feed and does not offer trading ideas

Fundumentasl data

Trading 212 offers essential fundamental data, including historical financial statements and key financial ratios, aiding investors in making informed decisions based on a company's financial health.

Charting Tools

Trading 212 excels in charting, offering robust tools with 50 technical indicators. This feature is a strong point of their trading platforms, providing nearly all vital technical analysis studies to support trading decisions.

Regulation

Trading 212, founded in 2004 and headquartered in London, is a leading global broker offering trading in CFDs, forex, stocks, and ETFs. Initially established as Avus Capital in Bulgaria, it was incorporated in the UK in 2013. It operates under the strict regulation of both the UK’s Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC), ensuring high safety standards. With its trading app downloaded over 12 million times, Trading 212 is recognized for its safety and diverse trading options, including cryptocurrencies, underlining its strong regulatory standing and global trust.

Bottom Line

In conclusion, Trading 212 is an online brokerage service for investors both new and experienced, with an excellently designed bespoke mobile app, commission free trading, a simple account structure and a whole host of additional educational features. Trading 212 offers good levels of customer support and easy withdrawal of funds. All of this makes it a great option for would-be investors to explore.

 

On the flip-side, some potential investors may prefer a more browser-based broker, use of the popular MetaTrader 4 platform, or additional features like algorithmic/automated trading or the option of managed accounts.

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