Trading 212 Review 2020

Trading 212 Rated 4/5

Trading 212 Guide

Trading 212 are an online broker founded in 2006 offering Forex trading.

Trading 212 are a global broker and have multiple offices around the world including a head office in UK.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Trading 212 we break down the pros and cons. What Trading 212 are able to offer, what countries Trading 212 are available in. Who Trading 212 are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Trading 212

  • Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
  • Headquarters Country : UK
  • Foundation year 2006
  • Min Deposit : 1
  • Used by over 14,000,000 traders
  • Trading 212 is not available in the following countries : US
Open Trading 212's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Trading 212

With this review we hope to help you see if Trading 212 is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Trading 212 that will help you get off to a good start in the world of online trading.

Trading 212 Review Table of Contents

Trading 212 what you should know

Trading 212 offer one way to trade: Forex.

With Trading 212 you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Trading 212 platform.

Trading 212 are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Trading 212 safe?

When choosing a broker like Trading 212 the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2006, and in operation for 14 years Trading 212 have a head office in UK.

Trading 212 is regulated. This means Trading 212 are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Trading 212, this will be honored. If Trading 212 violate any regulatory rules their regulated status could be stripped.

Any payments funded to Trading 212 accounts by traders are held in a segregated bank account.

For added security Trading 212 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Trading 212. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Trading 212

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker Trading212 XTB eToro Pepperstone
Year Established 2006 2002 2006 2010
Head Office UK Poland Cyprus, UK Australia
Regulation Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 14,000,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes Yes No Yes
Guaranteed Stop Loss Yes Yes No No
Learn More Visit Trading 212 Visit XTB Visit eToro Visit Pepperstone
Risk Warning Losses can exceed deposits Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Trading 212 Pros and Cons

What we like about Trading 212

  • Used by over 14,000,000 traders
  • Established in 2006
  • Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
  • Min. deposit from $1

What we don't like about Trading 212

Trading 212 Financial Regulation and Supervision in more detail

We have checked and Trading 212 is regulated and supervised by reputable organisations. You are able to check every Trading 212 supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Trading 212. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Trading 212 traders and provide a safe trading environment.

Trading 212 is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Trading 212 you should be sure they're legitimate online agent.

Trading 212 Awards

Trading 212 have won numerious industry awards over the 12 years they have been operating as a financial broker. We list the most notible awards and mentions for Trading 212 below.

  • Trading212 Award winning mobile app has more than 14000000 downloads making it one of the most popular trading apps in the world

Trading 212 General Fees

  • There are no withdrawal fees with Trading 212 apart from a 5 EUR fee for withdrawing funds via bank wire.
  • Trading 212 doesn't charge inactivity fees
  • Trading 212 doesn't charge deposit fees
Broker Trading212 XTB eToro Pepperstone
Min Deposit 1 0 200 200
Withdrawl Fees Varies varies Yes No
Inactivity Fees No No Yes Yes
Deposit Fees No No No No
CFD Commission Fees No Yes No Yes

Trading 212 Commissions

  • Trading 212 doesn't charge commission on CFD instruments.

What can you trade with Trading 212?

You can trade a wide variety of instruments with Trading 212 over 2100 instruments infact.

If you are looking at trading currency pairs Trading 212 offer over 177 currency pairs.

Compare Trading 212 with XTB and eToro below.

Losses can exceed deposits

Broker Trading212 XTB eToro Pepperstone
Instruments Available 2100 1,500 100 100
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit Trading 212 Visit XTB Visit eToro Visit Pepperstone
Forex pairs offered 177 50 50 70
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit Trading 212 Visit XTB Visit eToro Visit Pepperstone
Commodities Offered 14 21 0 16
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes No
Indiced & Stock CFDs Visit Trading 212 Visit XTB Visit eToro Visit Pepperstone
Stocks Offered 1731 1696 957 60
UK Shares Yes Yes Yes No
US Shares Yes Yes Yes No
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes No

Trading on Trading 212 web platforms and other applications

Trading 212 offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

Trading 212 also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Trading212's platforms

Trading 212 Trading benefits :

  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Trading 212 Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • STP account

Can I try Trading 212 before I buy?

Trading 212 offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Trading 212 withdrawl and funding methods.

Trading 212 offer the below funding payment methods. learn more about Trading 212

  • Credit cards
  • Bank Transfer
  • PayPal
  • UnionPay
Broker Trading212 XTB eToro Pepperstone
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with Trading 212?

When opening a trading account with Trading 212, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Trading 212 trading platforms here.

Performing trades with Trading 212

With Trading 212, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Trading 212 offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Trading 212 Leverage and Trading 212 CFDs Explained

let's take a look at some of the basics of using Trading 212 leverage.

Trading 212 offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Trading 212 leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Trading 212 trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Trading 212 leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Trading 212 CFDs are typically used for short to medium term trades. For example Trading 212 intraday trading.

Limiting Your Risk When Trading with Trading 212 Negative Balance Protection

Negative Balance Protection is enabled by default at Trading 212 and cannot be disabled if a client requests to do so. Please note that due to this, client losses can never be more than the funds available in their account.

We should say something about negative balance protection with Trading 212. When trading using leverage an adverse move could result in losing more than your trading account balance at Trading 212. Your Trading 212 account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of your account the money in your account.

Education resources at Trading 212

To trade effectively with Trading 212, it's important to get a have a good understanding of the XTB trading tools and the markets.

Trading 212 offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Trading 212.

Take time to look around the Trading 212 platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Trading 212

Trading 212 support a wide range of languages including English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文

Trading 212 have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Trading 212 customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Trading 212

We tested the Trading 212 live chat and it works well. We sent messages to Trading 212 livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with Trading 212 support in multiple languages in multiple countries. Trading 212 where able to quickly resolve our customer issues.

Email Support at Trading 212

We sent several emails to Trading 212 and answer times overall were excellent. The fastest response from Trading 212 was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Trading 212, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Trading 212.

Phone Support at Trading 212

We called Trading 212 and the call was answered very quickly. The call was answered in less than 1 minutes.

The Trading 212 phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Trading 212 team by calling in varying languages. Trading 212 made an effort to make sure our queries were answered.

Overall great phone support from Trading 212.

See how Trading 212 Support Compares Against Other Brokers

Broker Trading212 XTB eToro Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, German, Spanish, French, and Italian English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit Trading 212 Visit XTB Visit eToro Visit Pepperstone
Risk Warning Losses can exceed deposits Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with Trading 212

As Trading 212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Trading 212's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Trading 212 you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.trading212.com/ on 12th August 2018.

Watch this Trading 212 Informational Video

Is Trading 212 A Good Broker?

We spent over 3 months examining Trading 212 in depth. Although Trading 212 are not perfect we found many really useful aspects with the overall offering from Trading 212. Our personal experience of trading with Trading 212 was very good. Weighing up many points Trading 212 is a good broker.

  • Trading 212 have a good track record of offering Forex.
  • Trading 212 has a history of over 12 years.
  • Trading 212 has a reasonable sized client support call center of at least 10.
  • Trading 212 are regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC). This means Trading 212 fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Trading 212 have regulation from a Tier 1 reputable country.
  • Trading 212 has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Trading 212 have an international presence in multiple countries. This includes local Trading 212 seminars and training.
  • Trading 212 are able to hire people from various locations in the world who can better communicate in your local language.

Trading 212 Risk Disclaimer

Losses can exceed deposits

Trading 212 not quite right?

Check out these Trading 212 Alternatives

We have spent years researching the best alternatives to Trading 212. Click the links below to learn more.

If you feel some of the above Trading 212 are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Trading 212 alternatives below.

Related Trading 212 Comparisons

If you would like to see how Trading 212 stands up against other brokers you can read some of our Trading 212 comparisons below. We compare side by side some of our top rated Trading 212 versus comparisons. Read some indepth Trading 212 VS pages below.

TRADING 212 Frequently Asked Questions

Can I try Trading 212 before I buy?

Trading 212 offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Trading 212 accept?

Trading 212 offer the following funding payment methods accept Credit cards, Bank Transfers, PayPal, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Trading 212 safe?

Trading 212 are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Financial Supervision Commission (FSC). Any payments funded to Trading 212 accounts by traders are held in a segregated bank account. For added security Trading 212 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Trading 212 trading good?

Trading 212 is considered good and reputable to trade with. Trading 212Trading 212 is used by over Trading 212 active traders. Trading 212 offers Forex trading. Minimum deposit with Trading 212 is mindeposit.

Is Trading 212 trading Legit?

Trading 212 was founded in UK in 2006. Trading 212 has been facilitating trade on the financial markets for over 14 years. Trading 212 offers clients Forex trading. All funds deposited to Trading 212 are held in segregated tier 1 bank accounts for security. Trading 212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) so can be considered legit.

Is Trading 212 a good broker?

Trading 212 is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) so can be considered a good broker.Trading 212 allows Forex trading.

Is Trading 212 trustworthy broker?

Trading 212 can be considered trustworthy. All money funded to Trading 212 is placed into a segregated tier 1 bank account. this means your money in not held by Trading 212 directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Trading 212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).

What is the minimum deposit for Trading 212?

The minimum deposit to trade with Trading 212 is 1.

How long do Trading 212 withdrawals take?

Withdrawing money from Trading 212 processing time varies but averages 2-5 days.

Is Trading 212 regulated?

Trading 212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).

Is Trading 212 a market maker?

Trading 212 is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Trading 212?

When opening a trading account with Trading 212, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Trading 212 trading platforms here.

Is my money safe with Trading 212?

Trading 212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC). One of the most important criteria for traders when choosing a broker like Trading 212 is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Trading 212, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Trading 212 a con?

Trading 212 is regulated and well established having been in business for over 14 years. Trading 212 is definitely not a con.

Can you make money with Trading 212?

Although traders have had great success with Trading 212. Trading on the financial markets with Trading 212 is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Trading 212 have fees?

Trading 212 withdrawal fees varies on payment method. Trading 212 doesn't charge inactivity fees. Trading 212 doesn't charge deposit fees.

When was Trading 212 founded?

Trading 212 was founded in 2006.

How many people use Trading 212?

Trading 212 is used by over 14000000 registered traders.

What is Trading 212 Headquarters country?

Trading 212 has its head quarters office in UK.

Does Trading 212 offer negative balance protection?

Trading 212 offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Trading 212 offer guaranteed stop loss?

Trading 212 offers guaranteed stop loss protection. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does Trading 212 allow scalping?

Trading 212 offers scalping.

Does Trading 212 allow hedging?

Trading 212 offers hedging.

Does Trading 212 offer CFD trading?

Trading 212 offers CFD trading.

Does Trading 212 offer STP?

Trading 212 offers STP trading.

How many people use Trading 212?

Trading 212 is used by over 14000000 traders.

Is Trading 212 an ECN broker?

Trading 212 does not offer ECN trading.

Does Trading 212 offer a demo account?

Trading 212 offers a demo account.

Does Trading 212 offer an Islamic account?

Trading 212 does not offer Islamic accounts.

What are the funding methods for Trading 212?

Trading 212 accept the following funding methods : Credit cards, PayPal, UnionPay, Bank Transfer.

Trading 212 review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Trading 212 brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Trading 212 review written by Mark Hansen of Comparebrokers.co