Trading 212 Review: Customer Ratings, Alternatives & Expert Opinion

I assessed the broker to be quite safe because all three entities have top-tier licensing in Europe and the UK and comply with MiFID 2. More than 10 million traders have downloaded the app on Google Play. So, if you’re just starting to trade you can comfortably do so from your mobile device. An app is also available for iOS users and this Trading 212 review will explain more about the features that you find on this app. In fact, several traders use this broker just for the app because it’s really easy to use find the features that they need.

1. New traders may get overwhelmed by the amount of information they need to process and master.
2. Their blog is regularly updated with vital topics and interesting discussions.
3. It is a revolutionary company that has taken a mission to make trading accessible to everyone irrespective of their experience or income.
4. Here are the pros and cons to help you evaluate whether Trading 212 aligns with your trading and investment goals.

An easy to use platform with no fees for ETF trading and good interest rates on uninvested money

Comparing the spreads charged in our trades to the industry benchmark, we found the spreads for the FTSE 100 and Gold to be quite high. However, the spreads charged on FX and stock trades were in-line with industry trends, especially the spreads for stock trades which are much lower than the industry average. Trading 212’s CFD Account charges zero commissions on trades but with a spread. Finally, we withdrew all our funds to identify if there are any delays or issues with withdrawals.

Does AutoInvest charge additional fees?

It is registered in several countries, meaning that it must have authorization from the local financial markets authorities. For instance, Trading 212 is registered in CMVM and BaFin in Portugal and Germany, respectively. You can build a custom pie of stocks and/or ETFs chosen by you (including the target weights) or choose a ready-made pie. Each Pie can hold up to 100 securities, and you may have multiple pies.

Customer service is ace

CET via their contact form, requesting additional information about their share CFDs offering and the base currencies available for retail accounts. They got back to me within 10 minutes, and the agent’s answers were straightforward and well-written so that even novice traders would be able to understand them. In my personal experience as a trader, I have always been more or less skeptical of trading apps. I recognize their utility in affording quick and easy access to one’s account on the go, but beyond that, I usually find them cumbersome, cramped, and not particularly useful for anything else. Trading 212’s platform has some very nifty features, which I found quite useful for both beginners and advanced traders, such as the market sentiment tool.

Trading 212 doesn’t accept residents of the United States & Belgium. Please note that this information was relevant at the time of writing, so it is good to confirm whether any updates have been made since then. A dedicated 24/7 Security Operations Centre monitors and analyses the web site’s traffic to protect its customers from security vulnerabilities. Once you’ve found the fund you’re interested in, you can hit the blue ‘Buy’ button. You can also click the keypad on the right hand side, or change the ‘Value’ dropdown to ‘Shares’ if you know exactly how many shares you wish to purchase. Once complete, you may have to wait for your application to be manually reviewed.

This inclusion allows investors access to emerging global markets. Trading 212 also offers a widespread of cryptocurrencies including major players such as bitcoin, Ethereum, Monero, Litecoin, and more. Cryptocurrencies are relatively uncommon for online brokers so it is a good feature that Trading 212 adds them to their lineup. As we said, Trading 212 offers over 1,800 assets from over 7 global stock exchanges. Here we will give a quick rundown of the different asset classes you can trade.

Trading 212 provides excellent customer service as well as easy support withdrawal. All of this makes it an excellent alternative for would-be investors to investigate. Trading 212 is a perfect option for individuals investing in equities or trading leveraged CFD products on a superb trading platform. New investors don’t have to be afraid to give it a go since it has a free demo account option. IQ Option and Trading 212 offer a demo account for their customers to test their trading skills sans the fear of losing money. Furthermore, Trading 212 provides an investor compensation of up to €20,000 to its customers, in case the company is not able to repay their assets.

Traders can either turn to Trading 212’s Help Centre which contains answers to more general queries or submit a form request and wait for an answer over email. I also quite liked Trading 212’s ‘Hotlist’ tool on the website. It helps traders sort out the best trading opportunities from the extensive array of instruments by observing the top raisers and fallers over a given period of time. This is yet another feature that is quite unique to the broker. This Trading 212 review has shown that the platform is good for beginners. For example, it’s easy to use, beginners can start with a small amount of capital, and it lets clients trade on the go.

1. You can invest a small amount of capital in fractional shares as an international trader.
2. For subsequent deposits/withdrawal, the minimum value is set to 100 USD/EUR/GBP.
3. However, it may not be the best choice for advanced traders seeking complex tools or a wide range of asset classes.
4. Trading 212 is an excellent choice for beginner investors and those looking for a cost-effective way to trade stocks and ETFs.
5. Trading 212 speaks of continuous evolution, adaptation, and a resolution to ensure everyone can trade seamlessly.

How can I deposit into an Trading 212 account?

Trading 212 has a lot of trading tools to help you assess investments. For example, they have an economic calendar that updates in real-time and technical analysis tools for your charts. Trading 212 does not seem to currently be offering and special bonuses but they have in https://traderoom.info/is-trading212-a-reliable-brokerage-firm/ the past. Past bonuses have included a £50 welcome bonus for making your first deposit and reduced or zero commission trading on certain types of trades. There are hundreds of individual companies contained within each index including major ones like the S&P 500 and the FTSE 100. Overall, Trading 212 has over 30 distinct indices, including some less liquid indices in Russia, South Korea, and the Netherlands.

Trading 212’s proprietary app is powered by Trading View, which makes it even more versatile and practical. This gives traders a clearer understanding of what they stand to gain or lose from any given order before they place it. The upcoming earnings watchlist is another great tool, providing stock traders with a quick overview of stocks that are likely to register big price changes in the near future.