In this Forex broker review, we will analyze Trading 212’s regulations, account types, and trading platforms. We will also shed light on its key differences with other Forex brokers and evaluate its trading fees, spread, and product range. So let’s start this Trading 212 review with a brief introduction of the broker.
4.4/5
2004
$1
TRADING 212 REVIEW
Established in Bulgaria in 2004 as Avus Capital now Trading 212 is a leading zero-commission stock broker. Trading 212 offers hassle-free online account opening and has become popular through its mobile with over 15 million downloads. The app has held the UK’s #1 trading app status since 2016 and received the same recognition in Germany in 2017.
| Founding Year |
 2004
|
|---|---|
| Regulated |
 Yes
|
| Rating |
4.4/5 |
| Minimum Deposit |
 $1
|
TRADING 212 REVIEW
Trading 212 is regulated by 3 regulatory authorities. Here’s an overview of its regulatory bodies:
Trading 212 Ltd. was initially established in Bulgaria and is regulated by the Financial Supervision Commission of Bulgaria. In the UK, it is regulated by the Financial Conduct Authority (FCA) as Trading 212 UK Ltd. In Cyprus, it operates under the brand name of Trading 212 Markets Ltd and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
| COUNTRY | AUTHORITY |
|---|---|
 Bulgaria |
Financial Supervision Commission |
 UK
|
Financial Conduct Authority (FCA) |
Cyprus |
Cyprus Securities and Exchange Commission (CySEC) |
TRADING 212 ACCOUNT TYPES REVIEW
Trading 212 offers 4 different account types. Let’s go through these accounts and look at their features.
Trading 212 CFD is the regular account for trading Forex, CFD stocks, commodities, indices, and metals by speculating on the current market price without owning underlying assets.
On the other hand, the Trading 212 Invest account is designed to invest in actual stocks making investors shareholders in the companies they invest in. Invest accounts do not have the leverage facility.
The ISA account is specially designed for UK traders which allows them to earn up to certain a limit while paying minimum taxes.
Trading 212 Pro account comes with certain limitations and requirements. Traders first must have a retail CFD account and a certain number of trades done in the past. The minimum required balance is set to €500,000.
Pro account holders get higher leverage and lower spread with several other benefits.
TRADING 212 TRADING PLATFORMS REVIEW
Trading 212 does not offer third-party trading platforms such as Meta4 and Meta5. Instead, it offers only its proprietary web-based trading platform and mobile app.
The web platform is user-friendly but has limited customization options. However, it has advanced charting features and several useful technical indicators.
On the other hand, the Trading 212 mobile app is extremely popular and has over 15 million downloads. Its user-friendly interface makes trading new traders. However, experienced traders miss out on some advanced features. The app is available for both Android and IOS devices.
| PLATFORM | AVAILABILITY |
|---|---|
| Proprietary Platform |
Yes
|
| MT4/MT5 (Windows/MAC) |
 No
|
| Mobile Platform (Android/IOS) |
No
|
TRADING 212 REVIEW
Trading 212 has set different leverage for their Pro and Retail accounts. Let’s break it down:
The Retail accounts are designed to encourage cautious trading. The leverage is capped at 1:30 for currency trading, and 1:20 for Major Indices, and Commodities. For Minor Indices, it’s further restricted to 1:10, while stocks & ETFs have a leverage limit of 1:5.
On the flip side, Trading 212 provides substantial leverage for Pro accounts, reaching up to 1:500 for Forex and major Indices. For commodities and minor indices, it is 1:300, and for Stocks & ETFs, the leverage caps at 1:20.
| PRODUCT | LEVERAGE OPTIONS |
|---|---|
| FOREX | 1:30 - 1:500 |
| INDICES | 1:20 - 1:300 |
| STOCKS & ETFs | 1:5 - 1:20 |
TRADING 212 PRODUCTS REVIEW
Trading 212 provides a robust selection of over 50 currency pairs from the Major, Minor, and Exotic categories. Additionally, it has 45+ commodities including crude oil, natural gas, and precious metals.
Traders can also invest in stocks from prominent US exchanges such as the NASDAQ and NYSE. Beyond the US, stocks from key European exchanges including Deutsche Börse, Borsa Italiana, Deutsche Börse Xetra, and Euronext Paris are also available. Lastly, Trading 212 also has a variety of ETFs for a well-rounded investment portfolio.
| PRODUCTS | AVAILABILITY |
|---|---|
| Multi Assets |
Yes
|
| Forex |
Yes
|
| Crypto |
No
|
| CFD Stocks |
Yes
|
| CFD Indices |
Yes
|
TRADING 212 REVIEW
Trading 212 spread structure varies across different account types and asset classes. On CFD accounts, the spreads for major currency pairs start at 1.6 pips and go up to 2.7 pips, while minor currency pairs have spreads ranging from 2 pips to 6.5 pips.
The average spread on the Invest accounts for US stocks begins at 0.0022, with a maximum of 0.48. The spreads for UK stocks range from 0.0018 to 0.104. Finally, commodities have a spread range of 0.001 to 3.3.
| PRODUCT | SPREAD RANGE |
|---|---|
| Forex (major) | 1.6 - 2.7 |
| Forex (minor) | 2 - 6.5 |
| CFD Stocks | 0.0022 - 0.48 |
| Commodities | 0.001 - 3.3 |
TRADING 212 TRADING FEES
Trading 212 keeps things simple when it comes to commission and other trading fees. There is no commission on CFD stocks, and traders don’t pay any holding or custody fees. However, a commission of 0.5% is applied to Forex trading. On Invest accounts, the Trading 212 charges a commission of 0.15% of the total trade value, while stock trades remain commission-free.
TRADING 212 REVIEW
Trading 212 offers several convenient options for making deposits and withdrawals. It supports wire transfers, credit/debit cards Google Pay, and Apple Pay. These methods are available without any charges for cumulative deposits up to €2000/$2000. A fee of 0.7% is applied on subsequent deposits exceeding this threshold.
For withdrawals, Trading 212 keeps the process straightforward and cost-effective. Traders can withdraw the funds to their bank account or card without any additional charges.
| METHOD | AVAILABILITY |
|---|---|
| Credit/Debit Card |
Yes
|
| Wire Transfer |
Yes
|
| E-Wallets |
No
|
| Crypto |
No
|
TRADING 212 REVIEW
Trading 212 is multi-regulated and renowned for introducing zero-commission stock trading in the UK and Europe. It has a unique range of account types including the Invest account for buying the actual stocks of companies. However, despite having a user-friendly and highly-rated mobile trading app, the lack of MetaTrader platforms is a notable downside.
Additionally, the absence of cryptocurrency trading, leverage limitations, and related payment options could also be seen as drawbacks for many traders.
Despite all the downsides, Trading 212’s adherence to regulatory standards and straightforward fee structure make it a trustworthy broker. The diverse asset range and competitive spreads further enhance its appeal. In conclusion, Trading 212 is a trustworthy, regulatory-compliant broker with a solid product range, low spreads, and a cost-effective trading environment.
TRADING 212 REVIEW
Finally, lets have a look at Trading 212’s pros and cons.
| Pros |
Cons |
|---|---|
| Multi Asset | No Copy Trading |
| Multi Regulated | Low Leverage |
| Comprehensive Education | E-wallets not Supported |
| Low Minimum Deposit | No MetaTraders |
| Huge List of Instruments | |
| Low Spread | |
| Proprietary Platform |
FAQ's ABOUT TRADING 212
Yes, by three regulatory authorities: Financial Supervision Commission of Bulgaria, Financial Conduct Authority (FCA) in the UK, and Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Trading 212 offers four account types: CFD, Invest, ISA, and Pro.
The minimum deposit is $1.
No, CFD stocks come with zero commission.
No, Trading 212 doesn’t support cryptocurrency trading.
For Retail accounts, leverage is capped between 1:5 and 1:30 depending on the asset, while Pro accounts can reach up to 1:500 leverage.
You can use wire transfers, credit/debit cards, Google Pay, and Apple Pay.
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