Trading 212 is a popular online broker that offers stock trading, fractional share investing, auto investing, CFD trading on a wide range of asset types, and much more. In this Trading 212 review, we will take a look at the features and benefits of this broker to see if it is the right choice for your investment needs.
I will cover topics such as the origin of the company, trading products offered, their trading platform & app, pricing, and why choose Trading 212 as a broker.
Who is Trading 212 as a company?
Trading 212 is a trading name of Avus Capital UK Ltd. and Trading 212 Ltd.
Avus Capital UK Ltd. is authorized and regulated by the Financial Conduct Authority (FCA). Trading 212 Ltd. is authorized and regulated by FCA (UK); CySEC (Cyprus) and FSC (Bulgaria).
Both Trading 212 companies are registered in England and Wales. Their registered office is located on the 3rd Floor of 86 Regent Street, London W1B 5FE, United Kingdom.
Trading 212 provides an online trading platform for Forex, stocks, commodities, ETFs, indices, and cryptocurrencies. They offer various account types to suit the needs of different traders. If you are unsure what any of these words mean, do visit the investing-guides glossary and become an informed investor!
The account types offered are CFD (with the option to upgrade to a Pro account and use more leverage); Invest, and ISA (for UK clients). Invest caters to long-term investors whilst the CFD account is for traders.
The company was founded in 2004 and has since grown to become one of the leading online brokers. Trading 212 has over 1 million clients from all over the world. But is it the right broker for you?
Which trading product does Trading212 have?
Trading 212 offers a wide range of trading products, including forex, CFDs, and cryptocurrencies. They also have a mobile app that allows you to trade on the go.
The journey before you decide on a broker
One of the great things about Trading 212 is that they offer a demo account so you can explore their platform before committing to a real account. However, to open a demo account, you will need to create a real account first and then use the "Switch to practice" button.
If you are a beginner, or simply want to experience a good investing broker, then it might be worth trying the invest account. If you are more into day trading though, then perhaps the CFD account is more to your liking.
But let's rewind for a second. Still unsure about this company? Scroll down to the 'why choose Trading212' to help make up your mind.
How to use the Trading 212 platform
Trading 212 is a popular online trading platform that allows users to trade a variety of financial instruments. The platform is easy to use and provides a wide range of features, making it a great choice for both beginner and experienced traders.
To start using Trading 212, you first need to create an account. You can do this by visiting the website and clicking on the "Create an account" button. Once you have done this, you will need to provide some personal information, such as your name, email address, and date of birth.
Once you have created your account, you can then log in and start trading. To do this, you will need to deposit funds into your account. You can do this using a credit or debit card, or via bank transfer. Once your funds have been deposited, you can then start investing or trading. Or switch to the practice demo account before putting your strategy into action.
Trading 212 offers a wide range of features, including live quotes and charts, price alerts, news and analysis, and much more.
Why choose trading212?
The online broker space is huge & I don't expect you to have the time to go through all brokers and their demo accounts if they offer one. However, it could be worth exploring several, if you are looking for something in particular. Sadly, Trading212 doesn't offer one anymore. If you simply wish to get started, consider the below advantages of using Trading 212:
– Promotions. It's not unique to the industry anymore, but it sure helps! You can get free shares for opening an account.
– User-friendly platform: The platform is designed to be user-friendly and easy to navigate. Even if you're new to online trading, you'll be able to figure out how to use it without any problems.
– A wide range of assets: Trading 212 offers a wide range of assets that you can trade, including stocks, ETFs, commodities, and more. This gives you plenty of options when it comes to diversifying your portfolio.
– Competitive fees: The fees charged by Trading 212 are very competitive when compared to other brokers. This means that you can keep more of your profits. For example, when you buy a stock, this is done commission free.
– Attentive customer service: If you have any problems or questions, the customer service team is always happy to help. They're available 24/7 via live chat, phone, and email.
– Regulated by multiple financial authorities: Trading 212 is a regulated broker, which means that your funds are safe. The company is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa.
How does Trading 212 charge customers?
Trading212 offers a commission-free service but charges a spread on the transaction. This is only applicable to Forex. Spreads start at 0.5 pips on major currency pairs and can rise to 1 pip or more on some of the lesser traded pairs. The spread is variable and changes in line with market conditions.
In terms of other fees, there are none for making deposits or withdrawals, nor for closing or holding an account. Comparatively, this is a big plus. You will only be charged if you make a trade that is outside of standard market hours, which are between Sunday night and Friday night (GMT). If you do this then you will be charged a small fee based on the value of the trade being placed.
Is the mobile app worth using?
Trading212’s app is available for download from both Google Playstore and Apple App Store and has been specifically designed to allow easy trading while users are mobile.
It has been optimized so that it can be used across all platforms including desktop computers, laptops, and mobile devices such as smartphones or tablets with no loss of functionality.
The app provides full access to all account management tools including real-time price quotes and live charts as well as providing access to customer support via chat or email in case users have any queries.
So, in short, yes the app is worth using if you are (thinking of) opening an account. And the broker overall does seem worth it to try out.
|Broker name||Type||Review||Rating||Broker site|
|CMC markets*||Mostly Trader||Link||4.5||Visit broker|
|Trading212||Investor & Trader||Link||4.1||Visit broker|
|Bux Zero||Investor & Trader||Link||4.0||Visit broker|
|Admiral Markets||Investor & Trader||Link||4.0||Visit broker|
|Fusion Markets*||Trader||Link||3.5||Visit broker|
*If you choose a trading broker, please remember: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading212 is an online broker that offers a wide range of markets and products, as well as a user-friendly platform with a range of account types.
You can open an account with Trading212 by providing your personal details on the broker’s website.
Trading212 uses its own proprietary platform, which is available as a web-based platform or mobile app.
You can contact Trading212 via live chat, email, or telephone on their official website.