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.