Trading 212 brokerage company was established in 2004 and has become one of the most popular brokerage firms.
- Over 2,500 instruments for CFD trading.
- Investing costs are low.
- Stocks and ETF trading is commission-free.
- Very responsive customer service that is available 24/7.
- Easy-to-use and customisable web and mobile trading platforms.
- No live chat.
- Limited asset offering.
The broker is headquartered in London, with other offices spread in various regions globally. This has made it attract over 1.5 million traders who are actively benefiting from its unique and impeccable services. You can consider it safe since it has top-tier authorities regulating its activities. It also offers negative account balance protection for traders in the EU.
Trading 212 – Who Are They?
Trading 212 has been around for almost two decades and has proven to offer one of the best CFD trading and investment services on forex, stocks, ETFs, indices and more. These services are overseen by tier-one authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Supervision Commission (FSC) in Bulgaria.
This broker offers demo and live trading accounts, all of which have seamless account opening procedures. The demo account has $50,000 virtual funds for practising before you create the live account. However, the live trading account only requires a minimum deposit of $1 to trade CFDs and $10 for investing purposes. Trading and investing fees are also low, making it a go-to broker for traders and investors on a low budget.
You will not pay deposit and withdrawal fees when trading with Trading 212. This broker also does not charge inactivity fees, giving you the flexibility to trade whenever you feel comfortable and ready. What’s more, expect no hidden charges.
It is easy to catch up with other advanced traders on Trading 212 since it offers excellent learning resources. Research materials are also adequate even though it has poor quality news flow.
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Our Opinion About Trading 212
From our experience with Trading 212, we believe that this broker has impeccable trading platforms that are easily navigable. Its trading tools are also adequate, even though the most advanced traders and investors will find it challenging to benefit from those tools. For this reason, we primarily recommend Trading 212 to beginner traders and investors.
Another element we noted about this broker is that it has responsive customer service. The customer service provides relevant answers to your questions, making you more skilful and knowledgeable. You can reach out to it anytime, any day via email. Unfortunately, there is no live chat and mobile communication.
Trading 212 also has a reliable mobile application that is secured with a two-step login authentication factor. You can download and install it for free and manage your trades even while on the move.
We advise you to try Trading 212 by signing up for a demo account. You will confirm its offerings and test how it works with $50,000 virtual funds. Once you become confident, open a live trading account and try your luck on the available markets.