We do not recommend Trading212. Margin requirement changes made with no notice leave traders exposed to additional risk, and a mobile app rating of just 1.1* illustrates a serious issue with user satisfaction
Please see the Brokers List for alternatives.

Instruments Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account Yes
Min. Deposit €/£/$1
Pay Methods PayPal, Skrill, Visa
Min. Trade 0.01 Lots
Regulated By FCA
MetaTrader 4 No
MetaTrader 5 No
cTrader No
ECN Account No
DMA Account No
Mobile Apps iOS, Android and Windows
Auto Trading No
Social Trading No
Copy Trading No
Trade Signals No
Islamic Account No
CFD
FTSE Spread 1.3 pt
GBPUSD Spread 2 pips
Oil Spread 5 pips
Stocks Spread 0.2% Var
Leverage 1:30 (1:500 For Professional Clients)
Forex
GBPUSD Spread 2 pips
EURUSD Spread 1.2 pips
EURGBP Spread 1.2 pips
Assets 200+
Cryptocurrency

Trade Major cryptocurrencies with the tightest spreads. Chose from micro lots and speculate on Bitcoin, Ethereum or Ripple without a digital wallet.

Spread BTC 0.5%, ETH 0.5%
Coins BCH, BTC, ETH, LTC, XRP, MON, DASH,

Risk Warning – Your capital is at risk

Trading 212 is an online brokerage aiming to make the world of trading securities and forex more accessible. Our review of the Trading212 service includes information on the platform, trading fees, the demo account (and pro account), minimum deposit and payment methods.

We also review the mobile app and offer tips on how to get the best from this broker, though it is not a broker we can recommend at this time.

Based in London, the company boasts an easy to use mobile app – their main selling point. Unfortunately customer care and quality of service let them down.

While they offer a solid service, there are enough shortcomings to make other brokers a better choice for most traders. The trading app is rated just 1.1 stars, illustrating a high level of customer dissatisfaction.

Recent amendments to margin requirements will have come as a shock to many traders. The rise to 50% margin will cripple many portfolios.

Trading Platform

The trading platform Trading 212 runs on is an extremely strong element of this brokerage service.

Optimised for the mobile user’s experience, the platform is very simple to navigate around, yet offers a powerful range of features, charts and analysis without feeling clunky or overburdened.

One excellent feature is the ability to place trades in multiple ways and perform several operations on the same trading pair simultaneously.

Some investors may prefer more complex or feature rich platforms, often found on MT4 – but equally, many will appreciate the custom-built, bespoke feel of the Trading 212 app.

The demo account allows traders to experiment with platforms and find the one that suits them best.

Assets / Markets

Trading 212 boasts a huge range of over 1800 tradable assets.

These include over 150 Forex pairs, a comprehensive range of cryptocurrencies, including Ripple, Ethereum and Bitcoin, as well as more traditional asset types such as indices, stocks and commodities.

Spreads / Commission

Trading 212 offers relatively tight spreads, although admittedly not the best in the market. Other brokers offer cheaper trading.

Some assets have better spreads than others, with spreads on cryptocurrencies remaining competitive.

Trading 212 offers absolutely commission-free trading across a range of asset classes. This is now the norm among leading brokers.

They do, however, charge fees for currency conversion, although this also isn’t unusual.

In late 2020 however, the brand suddenly raised margin requirements to 50%. This kind of change, completely out of the blue, leaves traders with considerable uncertainty over their capital requirements.

The firm also stopped on-boarding new clients during the Gamestop / Reddit volatility and this level of unpredictability – and lack of customer care – mean other brokers should be preferred in our opinion.

Recommended Alternatives To Trading212

Forex.com Logo

Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.

Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.

NinjaTrader Logo

NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.

NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.

Nadex Logo

The leading US trading Exchange. Nadex offer genuine exchange trading to US clients on Binary Options. Fully regulated by the CFTC.

The leading US trading Exchange. Nadex offer genuine exchange trading to US clients on Binary Options. Fully regulated by the CFTC.

Leverage

Leverage is offered at rates of around 1:300 for professional accounts, higher than many other brokers. Leverage increases risk of losses, as well as profits, so traders must use it wisely.

The maximum leverage does not need to be used for every trade.

Retail traders in the EU will see leverage capped at 1:30 (or lower for certain markets such as cryptocurrency, where the regulators insist of maximum leverage of 1:2)

trading212 review demo account

Mobile Apps

Trading 212 has a purpose-built app for mobile users (available on iOS and Android). It offers full functionality, even allowing trades to be conducted directly from visualisations, a feature unavailable on many other mobile apps. The user experience is excellent, with clear navigation and well thought out data visualisations.

trading212 mobile app

The download is quick and simple, and the mobile application is the flagship product for Trading212. The app has therefore been developed with active traders in mind, and is among the best in the industry.

Payment Methods

Trading 212 offers various payment options, including bank transfers, credit and debit card transactions, and a selection of digital wallets. Full details are available in the FAQ section on the website – but most mainstream funding methods are available. You can withdraw money directly into your bank account (although there are minimum withdrawal limits imposed), and money should be in your account within 2-3 business days.

Demo Account

Trading 212 allows users to easily toggle between ‘real’ and ‘practice’ accounts, removing the hassle of setting up two separate accounts. Setup is very simple, taking under a minute for a new account to be up and running. The same account can be ‘switched’ between real and practise funds, simplifying the use of both accounts.

Download The App

Trading212 download app

Trading 212 offer a range of offers to its users, including an up to date economic calendar, detailed (but succinct) technical analysis for each tradable asset, a daily world news update, and a whole host of educational video and written tutorials explaining critical trading concepts, graphs and analysis. Users can browse comprehensive forums for further advice, and the FAQ section is well organised and extensive.

Bonuses

Trading 212 aren’t currently running any active bonus offers, although in the past they have offered a £50 welcome bonus for making a deposit. EU regulators in particular have restricted the use of bonus offers as they think it can lead to over trading.

Regulation And Licensing

Trading 212 is fully compliant with the latest EU regulations. They are regulated by the FCA in the UK, the FCS in Bulgaria, making it one of the most heavily regulated online brokerage services on the market.

That means all trades are fully licensed and users can feel safe and secure conducting business on Trading 212. Filling the position of ‘the most popular trading app’ brings with it a certain level of scrutiny in the press. So, the company has rigorous financial controls and measures in place to ensure it remains fully compliant with the latest regulations.

Trading212 Platform EURGBPTrading212 Platform and Chart

Additional Features

Trading212 offers a range of auxiliary features to support its core trading app. These include a detailed economic calendar, daily financial news updates, an in-depth education section with detailed explanations and tutorials of how various elements of trading work, summaries of key industry concepts and terms, and guides on how to use charts to conduct analysis.

Negative balance protection is also offered to regulated traders.

Account Types At Trading212

Trading 212 technically only offers one account type, meaning fees, charges and leverage are the same for all users. This fits in with the company ethos of ‘democratising trading’. All trades are commission free, and it’s simple to switch between ‘demo mode’ and real mode – the key difference is choosing to fund your account.

Pro Account

Trading212 do offer ‘professional’ accounts. These allow regulated users to access higher levels of leverage in exchange for waiving regulatory protection. Traders can apply directly when they open an account, but must meet certain criteria (trading experience, trade frequency and capital) before being accepted for a Pro account.

Company Details

Trading 212 started out in Bulgaria as a company called Avus Capital, before being incorporated in the UK in 2013. That means the company is regulated both by the Financial Services Commission in Bulgaria, and the FCA in the UK.

Over the last five years, Trading 212 has continued to rapidly grow its user base, and its trading app has been downloaded over 12 million times, making it one of the most popular trading apps in the world. Users can trade stocks, Forex pairs, indices, ETFs and even cryptocurrencies.

Benefits

Trading 212 has a lot to offer potential users. The primary benefit is commission free trading across a broad range of asset types. Particularly for frequent users, these small charges can quickly add up, eating into what can already be tight margins. It’s an extremely attractive prospect for those looking to enter the marketplace for the first time.

Another key benefit is the simplicity and usability of the Trading 212 mobile app. Free to download, easy to navigate and with a deep layer of functionality, it removes a huge amount of the complexity often associated with trading assets, without sacrificing on features. Finally, the range of educational material available is a key draw for those looking to learn more about financial markets.

Drawbacks

Leverage is lower than many other online brokers for Pro clients, with many competitors offering tighter spreads. More experienced investors may prefer the more commonly used MetaTrader 4 Platform to the bespoke Trading 212 app. Metatrader 4 (MT4) integration is also missing at present.

Frequent users could potentially find the focus on mobile off-putting, as many prefer to use a terminal, usually with multiple screens, for more complex analysis.

Finally, some potential users may not enjoy the simplicity of Trading 212: they could be looking for trading platforms with a greater focus on managed services, automated trading or the ability to copy the trades of successful users.

Trading 212 Trading Hours

The platform is available to use 24/7. However, markets for different asset classes are open at a variety of times, so there is a knock-on effect on users’ ability to trade some financial instruments at particular times. This has to be considered on an asset by asset basis.

Trading 212 have an excellent, highly responsive customer service team with an average response time of just 47 seconds. Customer support is available 24 hours a day across a variety of platforms and in 16 different languages, with support centres spread all over the globe.

Safety And Security

The Trading 212 app has been downloaded several million times, with huge numbers of transactions being processed every day.

The core systems underpinning the service are robust and secure, and examining the FAQ section of the website reveals a company committed to the safety and security of user data and finances.

The level of regulation the company adheres to means users can feel reassured that Trading 212 is an incredibly secure platform.

Verdict

In conclusion, Trading 212 is an online brokerage service for investors both new and experienced, with an excellently designed bespoke mobile app, commission free trading, a simple account structure and a whole host of additional educational features. Trading 212 offers fantastic levels of customer support and easy withdrawal of funds. All of this makes it a great option for would-be investors to explore.

On the flip-side, some potential investors may prefer a more browser-based broker, use of the popular MetaTrader 4 platform, or additional features like algorithmic/automated trading or the option of managed accounts.

Accepted Countries

Trading212 accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Trading212 from United States, Canada.

Trading212 vs Other Brokers

Trading212 vs Select Broker… 101investing 12Trader 4xCube AAAFx AccentForex ActivTrades Admiral Markets ADS Securities AETOS AGEA Alpari Alpho Alvexo Amana Capital AMarkets ArgusFX Arum Capital AskoBID ATC Brokers Atiora Avatrade Axes Axi Axiory Ayondo BCS Forex BDSwiss Binary.com BinaryCent Binomo Bithoven BitMex BlackBull Markets Blackwell Global BP Prime Bulbrokers Capex Capital Index Capital.com CFD Global FX CGS-CIMB City Credit Capital CityIndex CIX Markets CMC Markets CMSTrader CMTrading Cobra Trading Coinbase CoinMama Colmex Pro CommSec Corsa Capital CPT Markets CrescoFX Daniels Trading Darwinex Degiro DeltaStock Deriv.com DIF Broker DirectFX DMM FX Dsdaq Dukascopy E-Trade EagleFX Easy Markets Eightcap Equiti ETFinance eToro ETX Capital EuropeFX EverFX eXcentral Expert Option EZ Invest FBS FCMarket FIBO Group Financial Spreads Financika Finexo Finotrade Finq.com Finspreads Fondex Forex.com Forex4you ForexMart ForexTB FortFS Fortrade FP Markets Freetrade FreshForex Fullerton Markets Fusion Markets FXCC FXChoice FXCM FXDD FXFlat FXGiants FxGlory FXGM FxGrow FxNet FXOpen FXPIG FXPrimus FXPro FXTM FXTrading GCI GKFX Global FX Global Market Index Global Prime GO Markets Grand Capital Hantec Markets HFTrading Hirose House Of Borse HQBroker HYCM IC Markets ICM Brokers ICM Capital IFC Markets IFGM iFOREX IG Group Infinox InstaForex Interactive Brokers InterForex Intertrader Investous IQ Option IronFX ITradeFX JFD Bank JP Markets Juno Markets Just2Trade JustForex Key To Markets Khwezi Trade KLMFX Land FX Larson & Holz LBLV LCG LDC LegacyFX LH Crypto Libertex Lightspeed Trading LiteForex Europe LiteForex Investments LMFX LQDFX M1 Finance M4Markets Markets.com Mega Trader FX Mitto Markets Moneta Markets MTrading MultiBank FX Nadex NBH Markets NicoFX NinjaTrader Noble Trading NordFX NPBFX NSFX Oanda OctaFX Olymp Trade Orbex PaxForex Pepperstone Plus500 Price Markets PrimeXBT ProfitiX Q8 Trade Questrade Quotex Robinhood RoboForex ROInvesting Saxo Bank SimpleFX Skilling.com Smart Prime FX SmartFX Spectre.ai SpeedTrader Spread Co Spreadex Squared Financial StormGain Stratton Markets SVK Markets Swissquote SynergyFX TD Ameritrade TeleTrade TeraFX ThinkMarkets Tickmill Tier1FX TIO Markets TMS Brokers TP Global FX Trade Nation Trade Pro Futures Trade.com Trade12 Trade360 Trader’s Way TradeStation TradeTime Tradeview TrioMarkets TusarFX UFX Uptos Valutrades VantageFX Varianse Videforex Webull Weltrade WH SelfInvest Windsor Brokers XGlobal Markets XM XTB XTrade ZacksTrade Zenfinex Zero Markets ZuluTrade

Articles about Trading212