Reviewed broker: Trading212
Established in 2004
Operated by Trading 212 UK Ltd
Regulation: Trading 212 UK Ltd. is registered in England and Wales (Register number 8590005). Trading 212 UK Ltd. is authorized and regulated by the Financial Conduct Authority (Register number 609146).
Location: UK
Trading instruments: forex, commodities, stocks, indices
STP: yes
No dealing desk execution NDD: yes
USA traders: not accepted
Segregated accounts for client funds: yes, meaning that there is FSCS compensation of up to $50,000 of the client’s funds if the broker fails to follow its obligations.
Trading212 Review: Trading Products
Forex | CFD
Competitive spreads for more than 150 FOREX pairs, even at news time.
Cryptocurrencies | CFD
Trade CFDs on Bitcoin, Ethereum, Ripple, Litecoin, and more.
Stocks | CFD
Trade Stocks like Lloyds, Apple and Tesla Motors. Take advantage of falling or rising markets by trading short or long.
Indices | CFD
Trade more than 30 indices. Major and niche markets with no commission.
Commodities | CFD
Gold, oil, silver and more are available for trading with Trading212 forex broker.
Equities
The first and only ZERO commission equity trading service in Europe with direct execution on the LSE, NYSE, NASDAQ and Deutsche Börse
ETFs
Trade some of the largest ETFs including IVV, VTI, EFA and many more.
Why trade with Trading212
#1 Trading App in the UK
Trading 212 is the most downloaded and highest rated trading app in the UK for 2016 and 2017.
ZERO commission stock trading
The first and only FREE stock trading service in Europe with direct execution on the major exchanges.
24/7 customer support
Fast, friendly and helpful, our customer support is available 24/7.
Demo account: yes (unlimited)
Account types: real
Account base currency: GBP, EUR, USD
Maximum leverage is up to 1:200
Spread types: fixed, floating
Typical fixed spreads start from 1.8
Average floating spreads start from 0.9 pips
Minimum trade size: 0.05
Trading platforms: Trading212 platform
Metatrader 4: not available
Hedging: allowed
Scalping: allowed
Advanced charting: yes
MARGIN REQUIREMENT FOR OPEN POSITIONS: For your open positions with Trading 212, margin requirement varies depending on the trading instrument
FOR ALL CURRENCY DEALS: No fees or commission charges
CURRENCY CONVERSION CHARGE: 0.5%
LEAVING AN OPEN POSITION FOR THE NEXT DAY: For your open positions Trading 212 will credit or debit your account on a daily basis with an interest SWAP
Trading212 Review: Funding Methods for Deposits and Withdrawals
Payment methods: bank transfers, credit and debit card payments, PayPal, Skrill, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay
Minimum deposit requirement: $100 or GBP 100, EUR 100
Withdrawals: usually take up to 2-3 business days to be processed once approved
DEPOSITING FUNDS: Depending on the method of payment and the currency of your account, a fee between 0.7% and 3.5% is applied
WITHDRAWING FUNDS: No fees (except for bank transfers )
Trading212 Review: Customer Assistance
Customer support: email, phone
FAQ about Trading212 Forex Broker
What is the difference between Practice and Real Money trading modes?
When you are in Real Money mode you are trading with real money and you should be aware of the risks involved. Everything else is absolutely the same.
What currencies do you accept?
With Trading 212 you can open a Real Account in GBP, EUR and USD. We accept debit/credit card and bank payments in these currencies.
What is the minimum and maximum account size?
The minimum account size is EUR 100. There is no limit for maximum deposits.
Can I continue trading if I have lost all the money in my Practice Account?
Yes, you can have a fresh start by resetting your Practice Account from the “Settings” menu.
Can I trade with more money than I deposit?
Yes, you can. Trading 212 allows you to trade with up to 200 times more money than you have on deposit. This is called leverage. However, you should be aware of the risks involved
What payment methods do you accept?
Trading212 accept bank transfers, credit and debit card payments, PayPal, Skrill, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay. Please note that this forex broker does not accept cash payments paid directly into their bank account.
Do you charge any fees for funding my account?
Depending on the method of payment and the currency of your account certain fees are applied. Note that some banks may charge you a bank transfer fee.
Can I receive a personal bonus?
In certain cases, Trading212 can provide personal bonuses to the clients. Get in touch with the broker representative via email or chat.
How was the rating of Trading212 performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Trading212 FX broker performance and features.
Overall our online Trading212 review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Trading212 or you find inaccurate details Trading212 Capital broker review please get in touch with us and the changes will be applied.
