Trading 212 Broker- Comprehensive Review

Trading 212 is a London-based broker specializing in Forex and CFD trading. Trading 212 provides a complete online brokerage service. But what is it? We are reviewing this broker to check the security and authenticity of this broker. Is Trading 212 a reliable broker or a scam? This Trader 212 review will break this online broker to answer so many questions of the traders.

Trading 212

Trading 212- About

Trading 212

The Trading 212 platform was founded in Bulgaria in 2006 and later renamed Avus Capital. In 2013, a brokerage site was launched in the UK. And in 2017, the broker finally changed its name to Trading 212. So you understand that this is not a new trading platform, but an active broker.

Regulated and trusted broker

Traders should be aware that Trading 212 has been approved by major financial institutions. Top financial institutions examples include the Bulgarian Financial Supervisory Commission (BFAC), the Financial Conduct Authority (FCA), and the Cyprus CySEC.  These are enough names to confirm the opinion of Trading 212 that this broker is indeed regulated. The broker is not blacklisted by the European Financial Markets Authority (AMF). All these certifications are sufficient proof that this broker is reliable.

A variety of financial products and services

Trading 212 is suitable for all types of investor profiles. You will also find two trading platforms that offer the best options. This is Trading 212 CFD and Trading 212 Invest. The broker offers a total of over 1,800 diversified and very rich financial assets. The broker’s site offers pride in trading CFDs and Forex stocks. ETF trackers, cryptocurrencies, commodities, and bonds are also available. However, it does not currently offer useful beginner features such as copy trading, but it is a valuable tool for investing. So beginners can rely on brokers that offer brokers like eToro.

Trading 212- For Whom?

With a variety of trading platforms and best of all free registration options, Trading 212 is, in our opinion, really suitable for any trader profile. Whether you are a beginner or an expert, you will be able to find your account on this exchange.

Trading 212 Demo – Opportunities for Beginners

New traders have a unique opportunity to learn how to trade online on the Trading 212 platform. Simply open an account and you can enjoy the free version of this broker. Trading 212’s free demo account allows you to trade online without risk.

Trading 212 Demo allows you to develop your trading strategy in real-world trading conditions. Using this trading simulator, budding traders can master the features of the platform and invest in virtual funds with confidence. The free mode is really important for newcomers to online trading.

Free Training

While it is true that Trading 212 is suitable for all types of investor profiles, the truth is that it puts beginners first. The broker offers its users free training courses on investment topics. Wouldn’t this be a better way to learn to trade? The online broker offers a variety of learning materials such as business videos, blog posts, ebooks, webinars, PDF files, and Powerpoint. Trading 212 has its own YouTube channel with nearly half a million subscribers, where they post tutorial videos.

Trading Platforms Offerings

Trading 212 offer two trading platforms that are suitable for all types of investments. These two platforms are Trading 212 CFD and Trading 212 Invest. These sophisticated tools use MetaTrader’s WebTrader technology to ensure error-free trading.

Aktuální recenze Trading212 [2022] - Vyplatí se? » Finex.cz

If you’re a fan of swing, day trading, or scalping, you’ll love the CFD Trading 212 mobile app. On the other hand, mid-to-long-term investment professionals can get better results with the Trading 212 Invest mobile trading app.

Extraordinary Help Centre

The Trading 212 FAQ is essential to learning to trade online. And these online brokers claim to educate their traders on some relevant facts about the stock market world. Information on financial markets and brokers abounds in the Help Center. This is an essential section that you should consult before starting to trade on this platform.

Regular trade news updates

Trading 212 provides chronological benchmarks and information points to illustrate the possible impact on the financial sector. The clients of this broker thus benefit from the relevant analysis and explanation of future trends in financial markets. To this end, the economic calendar and financial news are regularly updated on online brokerage sites.

Trading 212 Advisory: Pros & Cons

Before choosing a Trading 212 online broker, you should analyze the pros and cons. Opinions on Trading 212 are sometimes divided. While some people highly recommend this online brokerage firm, others do not hide their skepticism about Trading 212.

We have identified the various pros and cons of the broker to give you a better view.

Pros:

  • Regulated and secure broker
  • Negative balance protection
  • Lower spreads than other brokers
  • Multiple offerings of financial products
  • Instant Trade
  • Free Demo Account Trading 212 Demo
  • No fees for most properties

Cons:

  • Low leverage only for clients with professional accounts
  • Insufficient trading tools
  • Physical promotions cannot be redeemed.
  • MetaTrader 4 platform not accessible
  • No wallet

Trading 212-Fees

Online brokers are usually rated according to the fees they charge for their transactions or how they operate. Let’s take a look at what Trading 212 has to offer. What is unique about the financial markets, Trading 212 does not charge any fees for operations performed on this exchange. Rather, the broker applies spreads that vary depending on the market price and the instrument being traded.

CFD Shares fees

If you want to invest in stocks, keep in mind that the applicable spread on the Trading 212 platform is usually around 0.00020. For example, you can list stocks of companies like Bridgestone, XJ Holdings, Astellas Pharma, Xiaomi, AIA, Google. ETF trackers have almost the same spreads as CFDs. The margin fluctuates between 10 and 20%.

Forex fees

Forex Trading fees are relatively low on Trading 212. However, the spread varies between currency pairs with a margin of 5%. Here are the major currency pairs:

  • CAD/AUD: 0.0009
  • AUD / USD: 0.00025
  • AUD / GBP: 0.0001

Cryptocurrency fees

Crypto assets have margins between 0.01 and 0.1. For example, Bitcoin can be traded at 0.01, and Bitcoin Cash can trade at 0.1. Your margin is 50%.

Commodities fees

Commodity trading fees are also determined by a margin, which depends on the type of product being traded. Trading 212’s products are offered with spreads starting at 0.0001 and margins of 2%. For example, the cocoa spread is 0.001, coffee is 0.15, and noodles are 0.06.

Stock Indices fees

Indices also offer different spreads depending on the type of financial instrument. So the range is from 0.1 to 1.5. Your margin is usually 10%. Here are some examples of stock indices with different spreads:

  • iShares MSCI Denmark: 0.1
  • Amundi ETF MASCI Spain: 0.2
  • Euro Stoxx 50: 1.5

Account-related transaction fees

Trading 212 does not charge any fees when creating an account or withdrawing funds. When the activity on the platform is completed, the client does not pay any money.

InstrumentsSpreadsMargins
Stocks0.0002020%
Indices0.1-0.510%
Commodity0.0001-0.152%
ETF Tracker0.0002020%
Forex0.0001-0.00095%
Cryptocurrencies0.150%

Account Fees

Deposit fees$0
Withdrawal fees$0
Currency conversion feesInvest-free CFD trading-0.05%
Inactivity fees$0
Minimum depositInvest-$1 CFD-$10

Trading 212- Types of Accounts

Broker Trading 212 offers thousands of users two types of accounts: standard accounts and professional accounts. There is also a demo account to practice on.

Trading 212 Demo Account

As soon as you sign up with this broker, you will automatically receive a free demo account, Trading 212 Demo. A demo account is a trading simulator that allows you to learn how to trade with virtual capital.  We also recommend this demo version to learn about the features of Trading 212 and especially improve your trading experience. Beginners can use this demo account to develop profitable trading skills. Remember that with Demo Trading 212 you won’t lose money, but you won’t even win because the profits are virtual.

Standard account Trading 212

Of the two types of accounts, the standard account is accessible to all merchants without distinction. However, it is important to note that this basic account offers limited leverage of 1:30. Create an account and go. Trading 212 Professional Account is the biggest offer for investors. It offers significant leverage of 1:300 and gradually increases the safety of our friendly clients.

We believe this type of account is reserved for professional traders as it requires some trading experience to access. In addition, a certain threshold of investment capital must be exceeded. In our opinion, Trading 212 Demo and Standard will be the only two accounts preferred by beginners.

How to open an account on Trading 212?

Now that you know the fees incurred on the Trading 212 platform, you can create an account and start trading. Once you get to know about types of accounts now start the process of registration-Below are the step-by-step steps to open a Trading 212 account.

Step 1-Trading 212 Account Opening

First, go to the Trading 212 official website and click the “Open Account” button. A drop-down menu will appear and you must complete the following fields.

  • Country of residence
  • Nationality
  • Full name
  • Phone number
  • Birthday

Then click “Next” to fill out the second form with the following information.

  • Email Address
  • Home address
  • Verification code by SMS
Trading 212 broker account

Step 2- Account Verification

As with all better regulated online brokers such as Libertex and eToro, verifying your identity is a mandatory requirement for trading with Trading 212. To do this, you need to click the “Download Documents” button to download two important documents. The next article is:

  • Identification: CNI, passport, driver’s license
  • Proof of address: gas, electricity, phone or water bills, etc.

You will then receive a message that your account has been verified.

Step 3- Deposit the funds

To make sure your account is verified, you need to make an initial deposit of at least $1. To start a new business venture, you need to deposit funds. There are no additional fees to fund your account.

Trading 212- Deposits & Withdrawals

Trading 212 offers a variety of payment methods to add and withdraw funds to your account. Please note that deposits and withdrawals on this trading platform are free.

Deposit on Trading 212

You must click on the “Deposit Funds” button to deposit into your Trading 212 account. For practical reasons, the minimum deposit amount is $1 for Trading 212 Invest and $10 for Trading 212 CFD. Trading is risky and losses are real, so inexperienced traders are advised to invest this amount. The online brokerage site also accepts US Dollars, Euros, and British Pounds as deposit currencies. This means deposits in other currencies are automatically converted to EUR, GBP, or USD.

Payment methods

There are several ways to deposit and withdraw funds on the Trading 212 platform. We have listed three types of payment methods.

  • Credit card
  • wire transfer
  • Electronic wallet: PayPal, Mr. Cash, direct electronic banking, SafetyPay, UnionPay, Skrill, Dotpay, Giropay, credit card

The deposit method must be the same as the method used to withdraw during the transaction. There is no fee for this. Deposits are deposited immediately, and withdrawals via bank transfer take 2-3 days.

Trading 212- Financial Instruments

Trading 212 has a wide range of financial products. There are nearly 800 financial instruments where you can find CFDs on stocks, currencies, cryptocurrencies, commodities, and ETF trackers.

Stocks

Trading 212 offers stocks, but beware. These are not real stocks. The broker only allows you to trade stocks in CFDs. The securities are listed on major global financial markets including Paris, Madrid, Zurich, Frankfurt, Hong Kong, and London.

stocks

Forex

Trade 212 makes investors happy in the forex market. The broker offers more than 150 currency pairs to trade.

Here is a list of popular currency pairs.

  • EUR USD
  • EUR/GBP
  • EUR / Yen
  • USD / GBP
  • AUD/DKK
  • Australian Dollar / New Zealand Dollar
  • AUD / USD

Commodities

You can trade commodities on Trading 212. You have many options to choose from among the following basic products:

  • Gold
  • Oil
  • Copper
  • Cocoa
  • Coffee
  • Silver
  • Copper
  • Gas
  • Noodle

Stock index

You can trade available market limits on Trading 212. These are individual stocks traded in the European, American, and Asian economies. Some of the indices available for trading on the platform are:

  • Euro stock 50
  • France 40
  • Germany 30
  • Japan 225
  • Nasdaq 100
  • SPX 500

ETF

Investors can obtain stable returns by trading ETFs (Exchange Traded Funds). These financial products are available through this online broker. Let’s take a look at the most popular ETFs.

  • Lyxor MSCI Europe 600 Bank ETF
  • Amundi MSCI Nordic
  • Xtrackers MSCI Indonesia
  • iShares MSCI Sweden
  • iShares MSCI Mexico

Cryptocurrencies

There is no shortage of cryptocurrencies in the financial assets available on Trading 212. As always, Bitcoin is central. Other digital assets are transferable.

  • Bitcoin cash
  • Bitcoin
  • Ripple
  • Ethereum
  • Litecoin

Trading 212- Trading Platforms

Trading 212 has free trading platforms called Trading 212 Invest and Trading 212 CFD. We still regret that the broker does not offer MetaTrader 4. So, let’s take a closer look at these two Trading 212 platforms and their applications.

Trading 212- CFD Review

As the name suggests, Trading 212 CFD is an exclusive trading platform for trading CFD financial instruments. The point here is speculation about the price fluctuations of financial instruments. The four categories of stock instruments tradable here are stock indices, commodities, stocks, and currency pairs. This trading platform has developed real tools for money safety and risk management. Examples include Stop Loss and Take Profit.

cfd trading

Trading 212- Investment Review

It is a trading platform focused on trading stocks and financial instruments ETFs. The most popular exchanges are Amsterdam (Euronext), Frankfurt (Deutsche Börse Xetra), and London (City). This trading tool offers thousands of opportunities for investors to diversify their trading activities. On the other hand, when using Trading 212 Invest there are no fees or commissions for the work executed, but on the other hand, variable spreads are allowed.

Trading 212 Mobile Trade Review

Trading 212 also offers a mobile application for Android and iOS devices that ensures optimal trading results. The main advantage of this application is that you can always invest through its visual interface. It can also work in coverage mode and/or aggregation mode on your smartphone or tablet.

Trading 212 mobile tradng

Trading 212- Customer Support

An online broker’s customer support should be great as it allows you to contact their agents directly. How is Trading 212 customer service?

Trading 212 24/7 support

Based on a comprehensive and unbiased review of this trading platform, we believe that customer support is multilingual (16 languages). You can contact customer service at any time of the day for any questions. There are two communication channels on this platform: a contact form and an email address.

Trading 212- Security Check

Online trading sites have taken drastic security measures to protect customer funds. In the first step, Broker Trading (212) verified the client’s identity when opening a trading account of his/her choice. Customer data is also encrypted using the SSL protocol used by online intermediary sites. Your personal information is rarely provided to third parties. There are better ways to deter the malicious activity of cybercriminals.

Trading 212- Regulatory Check

By adopting European Union standards, justifies that intermediary sites on the Internet are regulated and reliable. It has been approved by a financial institution to operate legally. The broker is approved by the supervisory authorities of 8 European countries.

Reggulation
  • UK FSA
  • Bulgaria’s FSC
  • CySEC in Cyprus
  • France’s AMF
  • CNVM in Spain
  • CONSOB from Italy
  • BAFIN from Germany
  • Poland’s KNF

These regulations guarantee the complete security of online brokers. And it shows that you are dependable in a very competitive industry.

Conclusion

Our rating on Trading 212 is broadly positive. This trading platform is suitable for both beginners and experienced investors. Brokers have a special interest in trading CFDs on stocks and currencies but do not stop at other financial instruments such as indices, crypto assets, ETFs, or commodities. On the other hand, if there is another important advantage of Trading 212, it is the high level of security. Online brokers have various licenses issued by financial institutions around the world.

Trading 212

Frequently Asked Questions

Is Trading 212 reliable?

Trading 212 is a stable and secure broker that has been around since 2006. Also, the online broker has over 300,000 active members to date.

How is Trading 212 regulated?

Transaction 212 is regulated simply and concisely by the tax authorities. This is justified by the fact that the broker has an approved license from a supervisory authority such as the Financial Conduct Authority, CySEC, or the FSC.

Will I pay tax on my Trading 212 account?

Trading 212 accounts are tax-free and clients pay no hidden fees to manage these accounts.

What are the risks of trading on Trading 212 broker?

Trading on the Trading 212 platform presents no special risk than any other. However, you should be aware that trading is always a risk due to the volatility of financial markets.

Does Trading 212 have an application?

For sure! Trading 212 has a mobile application that can be accessed from all Android and iOS devices.

Can I use Trading 212 in the UK?

Yes, you can use it in the UK.