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Trading212 Review

  • Regulated by: Financial Conduct Authority and CySEC
  • Used by: 40,000+ traders
  • Trust Rating: AAA
Open Trading212's Website

Losses can exceed deposits

Overview

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Trading212 offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 609146), and CySEC (Licence: 290/16). Trading212 puts all client funds in a segregated bank account and uses tier-1 banks for this. Trading212 has been established since 2006, and have a head office in UK.

Before we dive into some of the more detailed aspects of Trading212’s spreads, fees, platforms and trading features, you may want to open Trading212’s website in a new tab by clicking the button below in order to see the latest information directly from Trading212.

Open a demo account Visit Trading212

Full disclosure: We may receive a commission if you sign up with a broker using one of our links. Your capital is at risk. CFDs are leveraged products & 73% of traders lose money when trading CFDs.

Trading212 screenshot

PROS

  • Used by 40,000+ traders
  • Established in 2006
  • Regulated by Financial Conduct Authority and CySEC
  • Min. deposit from $1

CONS

What are Trading212's spreads & fees?

Like most brokers, Trading212 takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on Trading212’s website. The colour bars show how competitive Trading212' spreads are in comparison to other popular brokers featured on BrokerNotes.

Trading212 variable spread is not available. If you believe this is incorrect please fill in our form

Spreads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, Trading212's minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Trading212 vs. similar brokers.

See all Spreads
Losses can exceed deposits

How much does Trading212 charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Trading212 at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $N/A. Here’s a rough breakdown of the fees and how this compares against XTB & City Index.

Trading212 XTB City Index
Spread from: N/A $ 2.00 $ 5.00
Typical overnight fee: N/A $ 7.94 $ 20.60
Commission: N/A 0 0
Total cost of a 100k trade: N/A $ 9.94 $ 25.6
Visit Trading212 Visit XTB Visit City Index

All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018. Losses can exceed deposits

General Fees

  • Trading212 doesn’t charge inactivity fees*
  • Trading212 withdrawal fees varies on payment method

Commissions

  • Trading212 does charge commission on CFD shares

What can you trade with Trading212?

Trading212 offers over 1,800 different instruments to trade, including over 150 currency pairs. We’ve summarised all of the different types of instruments offered by Trading212 below, along with the instruments offered by XTB and City Index for comparison.

FX / Currencies Trading212 XTB City Index
# of forex pairs offered 150 48 84
Major forex pairs Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies Yes Yes
Commodity CFDs Trading212 XTB City Index
# of commodities offered 21 26
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Index & Stock CFDs Trading212 XTB City Index
# of Stocks offered 1595 1606 4500
UK Shares Yes Yes
US Shares Yes Yes
German Shares Yes Yes
Japanese Shares Yes Yes
See Trading212's InstrumentsSee XTB's InstrumentsSee City Index's Instruments
Losses can exceed deposits

What’s the Trading212 trading experience like?

1) Platforms and apps

Trading212 offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

Trading212 Screenshot See Trading212 's Platforms

Trading212 also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See Trading212 's platforms
Losses can exceed deposits

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Mini account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

With Trading212, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Trading212 offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Trading212 offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • PayPal

3) Client support

Trading212 support a wide range of languages including English, German, Dutch, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Russian, Romanian, Turkish, Arabic, and Chinese.

Trading212 has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

4) What you’ll need to open an account with Trading212

As Trading212 is regulated by Financial Conduct Authority and CySEC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Trading212’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Trading212 you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.trading212.com/ on December 5, 2018.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.