Trading212 Review – Online platforms, Commission, Leverage, Account Types, Features & more
Trading212 over time has built up an esteemed image in the global financial market. It’s a smart and easy online trading platform that has been rolling among millions of people since its foundation in 2004.
After all, Trading212 provides its clients access to tons of features and functionalities. The platform offers lots of things utterly out of the box.
Even though not all trading platforms are complete, they have their few underlying downsides.
Thus, in this review, we’ll shed light on all the aspects that make Trading212 stand out in the crowd.
Along with that, we will discuss at which point this Trading212 falls from its position. Let’s plunge into the article and find out more.
About Trading212 & Accepted Countries
Trading212 is brimming traders’ lives with plenty of advantages through its unique trading platform. It’s a popular global Forex and CFD Broker.
In addition, the platform also allows its clients to trade ETFs and Stocks at zero commission.
Trading212 adheres to rules and regulations set by top-tier regulatory bodies. That’s why, for a long time, the platform has kept alive its prestigious position in the market.
The brand is famous for its democratized vision that aims to serve traders at a mass scale.
Trading212 currently boasts over a million clients all across the world. Thanks to its high-end services that helped the brand to draw such a big client base.
Though, the company has continued to reserve its no1. Position in the UK and Germany (2016-2017). Still, except for Canada and the United States, you can use Trading212 in any other country.
|Founder / CEO||CEO Nick Saunders|
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Trading212 Trading Platforms
Trading212 is a user-friendly web trading platform. The platform tops due to its mobile trading access to the clients.
Traders can use a demo account free of cost without any prior registration. Hence, it’s a big spec that you can take advantage of.
Though, the brand doesn’t reveal everything on its platform before sign up. Thus, you can mark it as a negative point.
Still, there’re good points of Trading212 and only the base of which you can think about going ahead with it.
Such as, the platform features ProQuant is enabling an automated trading solution for clients. It’s a browser-based version.
Hence there is no need of downloading Trading212 on your desktop device. Just install the browser extension, and you’re ready to go.
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Trading Platform Supported Languages||English German Dutch French Italian Espanol Polish Russian Romanian Chinese Arabic|
Trading212 Mobile App
Trading212 shows special attention to its mobile users. That’s why you get a well-built mobile app available for both iOS and Android Users.
The app offers everything that hikes up the trading level of the traders. The color theme and visual, everything is good in this mobile trading app by Trading212.
Hence, more than a web-based platform, people prefer to download the app. The app comes with enhanced features and rich visuals which ensure clear and simple navigation.
Most notably, users can get a clear insight into the data to measure the current position of the market.
Altogether, the app is the key factor that makes Trading212 stand out as compared to its rivals. The app serves traders very well who spent lots of time venturing into the trading environment.
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Trading212 Commission or Brokerage
Trading212 can here go as a slightly unfavorable option to you due to its tight spread. Though, you don’t encounter this issue in all spread, based on the varying assets that you choose.
For instance, spread on cryptocurrencies can create a mishap in your overall plan. It often remains competitive, though. Still, commission-free trading enables Trading212 to excel in the market.
The platform allows traders to invest free of charge on varying asset classes. For instance, withdrawal, inactivity, or deposits are free of charge.
But, there’s no offer on charges incurred on currency conversions. Most notably, if you wish for currency conversion in EUR/USD, the fees are relatively high.
|Commission on trades||No|
Trading212 Exposure or Leverage
When it comes to leverage offering, it’s around 1:30 that you get at Trading212 for pro-level accounts. Though, it’s relatively at a higher rate, which hikes up the chances of losses more than profits.
That’s why only expert traders should think about using it. Also, you can’t set the leverage manually, so make sure you think twice before going ahead.
It isn’t essential that you use excessive leverage for every trade.
Payment Methods provided by Trading212
Multiple payment methods play a crucial role in every online trading platform. It simplifies the trading process for traders, so they can move ahead devoid of any hassle.
That’s why you get multiple payment gateways here. For instance, feel free to initiate payment through bank transfer, digital wallets; you can also use debit/credit cards.
Though, the withdrawal process is also simple as a deposit. Make sure that there’s a minimum limit set by Trading212 on withdrawals.
Also, the money can take 2 to 3 business days to reflect in your account. The payment portal is also safe and secure, so feel free to invest.
|Deposit Options||Instant Bank Transfers. Credit / Debit Card Payments. Skrill. Dotpay. Giropay. Carte Bleue. Direct eBanking.|
|Withdrawal Options||Instant Bank Transfers. Credit / Debit Card Payments. Skrill. Dotpay. Giropay. Carte Bleue. Direct eBanking.|
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Investment in Asset Classes or Markets by Traiding212
Trading212 has been drawing millions of people’s attention on its platform for its huge marketplace. For instance, at Trading212, a trader can invest in 3000+ assets.
From Forex, Commodities, Stocks to Indices, the platform allows you to trade in multiple assets. Hence, you can’t skip using it.
Multiple assets imply that you can execute different strategies. You can invest in various assets and save your position from incurring a loss.
|Supported Cryptocoins||Bitcoin (BTC), Bitcoin, Bitcoin Cash (BCH), Ethereum (ETH), Ethereum 0.1, Ripple (XRP), Litecoin (LTC), Litecoi|
|Total Tradable Assets||NA|
|Number Of Currency Pairs||NA|
|Number Of Cryptocurrencies||8|
|Number Of Stocks||NA|
|Number Of Indices||NA|
|Number Of Commodities||5|
|Number Of Futures||NA|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||NA|
Trading212 Virtual Trading Account or Demo Account
The demo account has become crucial in every online trading account. It allows new users to learn and practice how to trade. For professionals, it’s a way that helps them in refining their skills.
That’s why, at Trading212, you get a demo account. Once, you think that you’re all set to trade, you can switch from demo to real account.
Hence, no need for creating two different accounts. The overall setup hardly takes few minutes to start using the account.
Meanwhile, if you get stuck at some point, you can revert to the demo account for practice.
In this way, without losing a single penny, you invest. Alongside trading, you’ll be boosting your knowledge too.
Trading212 Offers or Deals
The primary benefit you get on trading with Trading212 is that the platform offers you the latest economic calendar.
You also get updates on daily news, technical analysis (for varying assets), and educational materials.
You also get access to critical graphs and analysis, and the FAQs section sorts out most of your issues. However, the platform doesn’t provide any bonus offers.
Only on some special occasions, they launch the offers. Such as, a short time ago, Trading212 offered £50 to its new clients as a welcome bonus.
But, most online trading platforms avoid throwing deals and offers as it sometimes goes against the regulation set by EU regulators.
Hence, it’s better if you don’t expect it from any trading platform.
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||Yes|
|Flexible Brokerage Plans||Yes|
|Forex Trading Contest||No|
|Trading Bonuses & Rewards||No|
Trading212 Regulation or Licensing
The Trading212 online trading platform runs under FCA (UK) and FCS (Bulgaria) supervision. That’s why it is a safe online broker available in the market.
Your money will be safe even though, whatever the crisis hits the company badly. All the trades are fully licensed, so there’s no chance of hoax games.
The company also pays special attention to financial control. Altogether, the user gets 100% assurance that he’s trading through a safe broker.
Find out Regulations & Licensing of more Forex Brokers
There’s a big list of features that Trading212 offers to its prospective clients. For instance- the platform offers you a detailed economic calendar, analysis tools, and educational materials.
The summaries and guides assist you a lot in understanding the whole setup.
Negative balance protection is another most notable element as it mitigates the fear of losing money. That’s why you can opt for Trading212 for your next trading plan. It’ll assist you thoroughly.
However, the primary focus of this online brokerage service is to offer a burden-free trading environment. A trader can trade free of commission and gain profits. It is the major goal of Trading212.
Therefore, the whole setup is well-built, which ensures prompt execution. The blogs and regular updates are the central plus points that you hardly get on any trading platform.
Undoubtedly, Trading212 offers you much more than what you can expect. If you’re a new trader, this platform has the potential to make you a professional.
|Social Trading / Copy Trading||Yes|
|Guaranteed Stop Loss||No|
|Guaranteed Limit Orders||No|
|Guaranteed Fills / Liquidity||No|
|Trading From Chart||No|
|Interest On Margin||No|
|Other Trading Features||No|
Trading212 Account Types
Trading212 focuses on easiness. A user doesn’t encounter any problem during investment is the primary goal of Trading212.
That’s why the entire interface has been kept simple and easy to use by traders. Most notably, the Trading212 instead of multiple account type only offers a single account.
Even though you’re a pro-level trader or an amateur level, you can simply sign in and start commission-free trading.
Also, anytime you can switch between the demo account and the real account. Though, for the pro-level trader, Trading212 offers advantages too.
The major reason is, an expert trader can get higher levels of leverage. You can apply for leverage right from the opening of the account.
Still, you’ll have to meet the criteria to ensure eligibility for such services.
|Account Type||Trading 212 CFD||Trading 212 Invest||*Trading 212 CFD||Trading 212 ISA|
|Spread||From 0.4 pips||NA||From 0 pips||0.9 pips|
|Commission||None||No commission||Zero Commission||Zero Commission|
Trading212 Account Opening Process
The account opening process at Trading212 is fully digital. It’ll hardly take a few minutes and steps, and you’re ready to take action on your favorite tradable asset.
- Sign in using the email address and date of birth and mention your residential country.
- Add details related to tax or give your tax id.
- Select the base currency and account type (e.g. CFD account, Invest account, and ISA account)
- Give some answers to your financial situation, trading experience, etc.
- Accept the T&C and verify your account using identity and residency proof.
Usually, you can start trading on a similar day, but it can take 2 to 3 days if the verification process goes long.
Trading212 Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||CFD, Invest, and ISA|
|Min Deposit||USD 10,|
|Suitable for beginners||Yes|
|Suitable for professionals||No|
|Suitable for scalping||Yes|
|Suitable for daily trading||No|
|Suitable for Weekly trading||No|
|Suitable for swing trading||Yes|
Trading212 – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team :
|Daily Market Commentary||No|
|News (Top-Tier Sources)||No|
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
Trading212 is a feature-rich online brokerage service. The platform has lots of things that fall into the benefits category. The primary benefit is trading free of commission.
You can invest in an extensive range of assets free of commission. In most instances, while using the random trading platform, this thing promotes expenses on traders.
But, Trading212 avoids it. The mobile app is the key plus point, which is free to download and offers much more than the web-based platform.
However, the educational material availability amps up the knowledge level of traders. Similarly, as a trader, you’ll come to know more exciting things about the financial markets.
As compared to other online trading platforms, Trading212 offers relatively lower leverage. Hence, it’s a little shortcoming for traders who expect more.
However, the absence of MetaTrader 4 or MT 4 is another negative point that makes lots of users step back from using Trading212.
The platform is best for frequent users, but those who use terminals or multiple screens can face problems during complex analysis.
Trading212 Trading Hours
Feel free to use Trading212 for 24 hours a day, through a week. Still, you can trade in a particular asset class based on the original market.
The varying time of different financial markets in most instances may trigger a tricky situation for you.
So make sure you’re fully aware of the market’s timeframe where you’re planning to enter.
Trading212 Customer Care or Contact Details
Trading212 is the best in every quality. Even the customer support service is also fast and answers your queries. With quick response time, the support team resolves your questions.
If you encounter any issue during trading, customer support remains active for 24 hours a day. Also, the customer support team is proficient to assist you in 16 different languages.
|Support During Weekends||No|
|Live Chat Support||Yes|
|Customer Support Languages||English German Dutch French Italian Espanol Polish Russian Romanian Chinese Arabic|
Trading 212 Safety & Security
In terms of safety and security, Trading212 excels mainly due to its core system which runs under the supervision of top-tier regulatory bodies.
That’s why a user trades through an incredibly secure platform.
Trading212 Rating & Review
Based on the user experience, the following rating and reviews are provided.
|User Experience||7.0 / 10|
|Products & Services||7.6 / 10|
|Brokerage Charges & Fees||7.1 / 10|
|Research & Advisory||7.2 / 10|
|Trading Platforms||7.1 / 10|
|Overall Ratings||7.2/ 10|
|Total Client Reviews||65|
Trading212 – Conclusion
In our Trading212 review, everything about this online trading platform is excellent. The platform is user-friendly, secure, and quite helpful for new traders.
However, for most traders, the absence of MT 4 can be a subject of a hitch. Still, the rest of the features make Trading212 a great choice.
You get the commission-free trading opportunity at very minimal trading platforms. The demo account is also free of sign-up, so you should try out this online broker for sure.
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