Trading212 review
About the broker
Trading 212 is a broker as well as a trading platform operated by Trading 212 Markets Ltd. based in Cyprus. The company is licensed by CySEC (Cyprus Securities and Exchange Commission), which means that it is authorized to offer its services on European markets. However, the platform has its roots in Bulgaria, where it was founded in 2004.
Trading 212 is known for its wide range of financial products offered. These include CFDs (contracts for difference) on stocks, forex, indices, commodities and cryptocurrencies. In addition, it also allows trading in securities, including stocks and ETFs (Exchange Traded Funds). The Trading 212 platform is available via a mobile app and a web browser app, allowing trading on a variety of devices and locations.
Fees and minimum deposit
When it comes to fees, the platform offers different options, so it's important to check the current rates and compare them with competitors. Fees can be associated with trading, currency conversion and credit card deposits. Various payment methods can be used for deposits and withdrawals, including bank transfers, credit cards and e-wallets. Trading 212 allows users to maintain an account in USD and EUR currencies. A demo account is available for novice traders to try out trading without any real risk.
The minimum deposit on the Trading 212 platform is €1, and the same applies to the minimum withdrawal. As for the minimum trade, stocks and ETFs can be traded from as little as or €1, while CFDs allow trades ranging from €10.
The platform is available in many languages, which makes it easy to navigate. Trading 212 offers several special features and services, including the ability to trade stocks and ETFs without fees, invest in fractional shares, create stock portfolios (called Pie) and engage in social trading, which allows you to follow and copy other traders' trades.
Account Types
Trading 212 is an investment application that allows trading in real securities (on the INVEST account) or CFD contracts (on the CFD account). This application is operated by the licensed company Trading 212 Markets Ltd. Client funds are insured in case of the company's bankruptcy (with a limit of 20,000 EUR per person) and client accounts are protected against indebtedness.
On the INVEST account, thousands of stocks and hundreds of ETFs are available, with a minimum investment of only 1 EURO, allowing clients to purchase fractional shares. The broker charges no fees for buying, selling, or holding securities. Users can utilize the web platform or mobile application. Deposits and withdrawals can be made in dollars, British pounds, or euros, depending on the jurisdiction.
User ratings and reviews of broker Trading 212
Trading 212 has an excellent rating on TrustPilot with 4.6 stars out of 5 based on nearly 22,000 reviews, with 75% of users rating it five stars due to its user-friendly interface and commission-free trading. On Google Play, the Trading 212 app has a rating of 4.2 stars out of 5 from over 125,000 reviews, where users appreciate its functionality and user interface, although some report occasional technical issues. On the Apple App Store, the app has a rating of 4.5 stars out of 5 from over 175,000 reviews, praised for its ease of use and robust features.
Is Trading 212 a scam or a safe broker?
Trading 212 is considered a safe and reliable broker, regulated by several financial authorities, including the U.K. Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). Additionally, it offers investors access to trading a wide range of assets, including stocks, currencies, and commodities with no transaction fees. Therefore, we can classify Trading 212 as a safe broker.
Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Basic information | |
|---|---|
| Regulations |
|
| Number of CFD asset classes | 6 |
| Broker type | MM |
| Customer support |
|
| Deposit from | 100 EUR/USD |
| Spreads | 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies |
| Established | 2017 |
| Location | 107 Cheapside, Londýn EC2V 6DN |
| info@trading212.com | |
| Country | UK |
The review is current as of .
About the broker
Trading 212 is a broker as well as a trading platform operated by Trading 212 Markets Ltd. based in Cyprus. The company is licensed by CySEC (Cyprus Securities and Exchange Commission), which means that it is authorized to offer its services on European markets. However, the platform has its roots in Bulgaria, where it was founded in 2004.
Trading 212 is known for its wide range of financial products offered. These include CFDs (contracts for difference) on stocks, forex, indices, commodities and cryptocurrencies. In addition, it also allows trading in securities, including stocks and ETFs (Exchange Traded Funds). The Trading 212 platform is available via a mobile app and a web browser app, allowing trading on a variety of devices and locations.
Fees and minimum deposit
When it comes to fees, the platform offers different options, so it's important to check the current rates and compare them with competitors. Fees can be associated with trading, currency conversion and credit card deposits. Various payment methods can be used for deposits and withdrawals, including bank transfers, credit cards and e-wallets. Trading 212 allows users to maintain an account in USD and EUR currencies. A demo account is available for novice traders to try out trading without any real risk.
The minimum deposit on the Trading 212 platform is €1, and the same applies to the minimum withdrawal. As for the minimum trade, stocks and ETFs can be traded from as little as or €1, while CFDs allow trades ranging from €10.
The platform is available in many languages, which makes it easy to navigate. Trading 212 offers several special features and services, including the ability to trade stocks and ETFs without fees, invest in fractional shares, create stock portfolios (called Pie) and engage in social trading, which allows you to follow and copy other traders' trades.
Account Types
Trading 212 is an investment application that allows trading in real securities (on the INVEST account) or CFD contracts (on the CFD account). This application is operated by the licensed company Trading 212 Markets Ltd. Client funds are insured in case of the company's bankruptcy (with a limit of 20,000 EUR per person) and client accounts are protected against indebtedness.
On the INVEST account, thousands of stocks and hundreds of ETFs are available, with a minimum investment of only 1 EURO, allowing clients to purchase fractional shares. The broker charges no fees for buying, selling, or holding securities. Users can utilize the web platform or mobile application. Deposits and withdrawals can be made in dollars, British pounds, or euros, depending on the jurisdiction.
User ratings and reviews of broker Trading 212
Trading 212 has an excellent rating on TrustPilot with 4.6 stars out of 5 based on nearly 22,000 reviews, with 75% of users rating it five stars due to its user-friendly interface and commission-free trading. On Google Play, the Trading 212 app has a rating of 4.2 stars out of 5 from over 125,000 reviews, where users appreciate its functionality and user interface, although some report occasional technical issues. On the Apple App Store, the app has a rating of 4.5 stars out of 5 from over 175,000 reviews, praised for its ease of use and robust features.
Is Trading 212 a scam or a safe broker?
Trading 212 is considered a safe and reliable broker, regulated by several financial authorities, including the U.K. Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). Additionally, it offers investors access to trading a wide range of assets, including stocks, currencies, and commodities with no transaction fees. Therefore, we can classify Trading 212 as a safe broker.
| Basic information | |
|---|---|
| Regulations |
|
| Number of CFD asset classes | 6 |
| Broker type | MM |
| Customer support |
|
| Deposit from | 100 EUR/USD |
| Spreads | 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies |
| Established | 2017 |
| Location | 107 Cheapside, Londýn EC2V 6DN |
| info@trading212.com | |
| Country | UK |
Pros
- Trading with fractional shares is possible from as low as 1 EUR, even automatically.
- The offering also includes purchase of real stocks and ETFs with no fees.
- Investing in stocks from lesser-known exchanges worldwide expands portfolio diversification opportunities.
- All deposits and withdrawals, including those via payment cards, are free of charge, reducing fee costs.
- Trading 212 offers a comprehensive selection of CFD products, including stocks, ETFs, forex, indices, commodities, and cryptocurrencies, providing a wide spectrum of options for implementing various trading strategies.
Cons
- Some experienced traders who prefer using the MetaTrader 4 platform may be dissatisfied with its unavailability.
- Although there are no fees for trading stocks and ETFs, investors may encounter additional costs due to potential currency exchange needs when making purchases.
- The primary language for communication is English, which could pose a challenge for some users, especially since there is no option for telephone support.
Licences and regulation
Trading212 Broker holds authorizations and licenses from various regulatory bodies around the world, including:
- Trading 212 Ltd. - FSC (Bulgaria) registration no. RG-03-0237
- Trading 212 UK Ltd. - FCA (UK) registration no. 609146
- Trading 212 Markets Ltd. - CySEC (Cyprus) registration no. 398/21
