1. What is Trading 212?
  2. Awards
  3. Safe or a scam?
  4. Leverage
  5. Accounts
  6. Fees
  7. Deposits and Withdrawals
  8. Trading Platform
  9. Customer Support
  10. Education
  11. Research
  12. Conclusion

What is Trading 212?

Trading 212 is a London fintech company that offers democratized access to the financial markets with free, smart and easy to use apps.

Since its launch of the brokerage company established in 2006 with headquarters in the UK, the broker walked the path of strong growth and at the beginning it served offices in Bulgaria. Nowadays it became one of the biggest and popular platforms, as well operating numerous world clients and supporting direct service lines in numerous worldwide countries like Argentina, Chile, Mexico, China, Russia, Italy, Poland, Spain, Germany and more.

Investors that chose Trading 212 are able to trade equities, currencies, commodities, stocks, indices and cryptocurrencies. The broker is known for its first and only zero-commission stock trading service in the UK and Europe, which unlock the stock market for millions of people to trade.

ProsCons
• Recognized and regarded broker worldwide

• Strictly regulated by the reputable FCA in the United Kingdom

• Wide range of instrument available including Forex and CFD Cryptos

• Great trading options for US and UK markets

• Professional platform with advanced tools

• No multi-currency accounts

• Platform and general offering may be more suitable for professional or bigger size traders

Trading 212 website

Is Trading 212 a good platform?

For the purpose of order execution of CFDs, the Company acts as principal, which means that Trading 212 operated through an STP execution model. Besides, Trading 212 places significant importance on the performance of execution focusing on high speeds for all Clients’ orders, within the limitations of technology and communications links.

So the quotes you see are done through execution Venues or the entities with which the orders are placed and executed connected through the Trading 212 technology to the most significant world liquidity providers. Which all in all makes Trading 212 a quite good platform along with its proposed conditions for trading.

Awards

Overall throughout the years of Trading212 operation, the broker gained successful results and figures that are also confirmed by numerous world publishes, received awards and satisfactory rankings among the traders.

Another progressive feature from Trading 212 is a highly regarded mobile app that has more than 14 million downloads, that made it one of the most popular trading apps in the world with its numerous awards for excellence.

UK’s #1 trading and investing app

Trading 212 in press

Is Trading 212 safe or a scam?

So why is the regulation status so important? Because it means that you, as a trader, ensured of an implemented safety measures, as well that the broker is checked on a regular basis by some of the sharpest authorities in the industry. And here you may be assured of safety measures implemented.

Is Trading 212 legitimate?

As for the legit information, Trading 212 is a trading name used by the Trading 212 UK Ltd. and Trading 212 Ltd, which are respectively registered in the UK and authorized by the Financial Conduct Authority. In parallel, Trading 212 Ltd. is registered in Bulgaria and regulated by the Financial Supervision Commission.

ProsCons
• Sharp and reputable obligatory requirements set by the UK’s FCA

• Cross border licenses and global offering coverage

• Negative Balance Protection applied

• Not listed on Stock Exchange

Trading 212 licenses

How are you protected?

According to the abovementioned regulations, the client’s funds are compliant to regulations and are kept separately in segregated bank accounts. Meanwhile, the Financial Services Compensation Scheme (FSCS) and the Investors Compensation Fund (ICF) in Bulgaria cover client’s funds in the unlikely event of Trading 212 default.

Means, every trader will be compensated if the company fails and eligible to get compensation up to GBP 85 000 through UK entity and the ICF Bulgaria compensation up to EUR 20 000.

Leverage

Leverage, known as a loan given by the broker to the trader enables trading with a larger size than the initial invested capital is. The leverage significantly increases the potential of gains, yet works in reverse too, that’s why you should use leverage smartly.

As for the involved risks, recent regulatory updates from the European regulators and ESMA regime itself mandated European and UK brokers to set lower maximum leverage levels with a purpose to protect clients.

  • Forex instruments and Currency Pairs leverage is set to a maximum of 1:30
  • CFDs on Stocks, Indices and more up to 1:5 according to the instrument conditions
  • Commodity CFDs offering up to 1:10

Accounts

At the very beginning and to familiarize with Trading212 platform which might be a bit complex for beginning traders, you may sign in for Free Demo Account and further to select a suitable Live account conditions.

ProsCons
• Fast digital account opening

• Single Account for Live Trading

• Separate Account for Investing in Stocks, ETFs

• Free Practise Demo Account

None

Types

To simplify the choices, the broker provides only one account type for live trading and another specified account is designed for investment in Real Stocks and ETFs. By the investment on shares, you will be able to benefit from Fractional Shares offering and unlimited instant trades along with other benefits, which we truly like at Trading 212 proposal.

Tradng 212 accounts

How to open Demo Account

It is not a complicated procedure to submit and sign for a Practise account, which we recommend doing since Trading212 bases on a proprietary platform which requires familiarization and some guidance before you trade in a real. Further on, you may easily switch between demo mode and Live Trading mode through your account area, which is very useful too.

A Step by Step guide on how to open an account

1.       Click and load Trading212 Sign In page. You may also sign with an existing account on Facebook or Google.

2.       Enter the required personal data (Name, email, etc.)

3.       Receive access confirmation to your email and get to your account management area

4.       Now you may enjoy your practice account with 50,000$ virtual

To start live mode you will need to verify your personal data, as the broker will require your ID, residential proof, utility bill, etc.

Fees

Being an STP broker the Trading 212 fees considered to be on a very competitive level and offering some of the tightest spreads in industry. The broker offers a range of markets while all trading instruments are commission free through CFDs and Forex trade, as well trading through Equities.

The Trading 212 Spread offers both fixed or floating spreads, however, zero spread trading enabled by Trading 212 on selected currency pairs from one account per client. The Cryptocurrencies are traded 24/7 and offering Bitcoin, Ethereum, Litecoin, Ripple and more speculation though floating spread with the margin of 10% and Spread of around 55. Check out details through an official website.

Trading 212 spreads

Commodities brought to the trader with fixed or floating spreads too (the Gas spread from USD 0.03), starting from the minimum quantity of 1 and margins from 0.5%.

Asset/ PairTrading 212 Fee Terms
EUR/USD0.00009
Crude Oil WTIUSD 0.048
GoldUSD 0.35
BTC/USD34.5

A SWAP or overnight fee, which is usually charged once a position opened longer than a day calculated as per the particular instrument too. As an example for EUR/USD short position swap fee is 0.000002, while the long one will be an additional small gain to you trade, which is typical -0.000151. For instance, check out and compare Trading 212 fees with its peer XM.com.

Deposits and Withdrawals

Trading 212 offers several, the most common ways of depositing money into trading account: Credit and Debit Card, Wire Transfer, as well e-payment Skrill, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay. Depending on the method of payment and the currency of your trading account, there is a deposit fee between 0.7% and 3.5% is applied.

To open an account with Trading 212 the minimum deposit amount to start trading requires either GBP 100, EUR 100 or USD 150.

Trading 212 money deposit

The withdrawals are typically processed by the same method as the deposit was done, while Trading 212 withdrawal fee is 0%. Means there is no any charges for withdrawal, yet the transfer via Bank wire or Skrill eligible to the bank/Skrill fees requested by the service provider itself.

Trading Platforms

As we see that Trading 212 caters to suit traders need with most convenient technology, the broker has chosen to offer a single proprietary platform. The platform provides a trading full variety of proposed instruments with an easy, user-friendly interface. There is no need to download the program since trader can get access through any computer browser. The platform developed with the purpose to make the trading process smooth, nevertheless featuring all necessary tools for analysis, viewing, charting, as well enhanced by a built-in economic calendar and real-time news feed.

Tradng 212 Platform

Another great feature from the company is their trading applications that bring the freedom to trade anywhere. Free and simple to use apps suitable for iPhone and Android devices. Apps feature the same experience as desktop version but with more comfort, while being nominated as the best mobile app in the UK because of their emphasis on intuitive design.

Trading 212 gold trade

Customer Support

 

Education

Definitely, to get knowledge is one of the crucial parts in online trading, hence to get advanced education and practice trading with a test of the strategies is crucial for a successful start. Therefore, Trading 212 Demo account offering $10,000 in virtual funds allows trading without risk and time limitation, as well as comprehensive educational material webinars and supporting sources that give you all necessary information to analyze markets.

Research

 

Conclusion

The Trading 212 Review presented us with a broker that is among the shortlisted companies offering zero-commission and bringing access to trade the stock market for many traders. In addition, Trading 212 acting as an agent hence offering some of the tightest spread in the industry.

Overall, Trading 212 is easy to use, yet a powerful trading solution, which is perfect for both beginning traders with benefits through excellent learning material and support provided by the company. Veteran traders will have their advantages too, along with competitive conditions, powerful technical trading side and again with a great multilingual, easy to reach company support.

And of course we will be happy to hear and know your personal opinion about Trading212, which you may share in the comment area below.

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