Trading 212 Review 2021

Trading 212 review
Trading 212 Awards

Trading 212 have won numerious industry awards over the 15 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 review
Trading 212 Fees Explained

• Trading 212 doesn't charge withdrawal fees
• Trading 212 does not charge a fee for inactive accounts.
• Trading 212 doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Trading 212 Fees Compare Against Other Brokers

Broker	Trading212	eToro	IC Markets	XTB
Min Deposit	1	200	200	0
Withdrawal Fees	No	Yes	No	varies
Inactivity Fees	No	Yes	No	No
Deposit Fees	No	No	Varies	No
CFD Commission Fees	No	No	Yes	Yes

Trading 212 review
Trading 212 Minimum Deposit

Trading 212 require a minimum desposit of 1 GBP/USD when opening an Trading 212 trading account.

A minimum deposit is the minimum amount of money required by Trading 212 to open a new online brokerage account with them.

Dont be scared off by brokers like Trading 212 charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Trading 212 review
Trading 212 Withdrawal Fees

Trading 212 doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Trading 212 for example allow you to withdraw your funds to Credit cards, MasterCard, VISA, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Dotpay, Carte Bleue, Direct eBanking, Apple Pay, Google Pay, iDeal, Giropay.

Trading 212 review
Trading 212 Inactivity Fees

Trading 212 does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Trading 212 review
Trading 212 Desposit Fees

Trading 212 does not charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Trading 212 review
Trading 212 Commission Fees

Trading 212 does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Trading 212 review
Trading on Trading 212 web platforms and other applications

Trading 212 offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An Trading 212 IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

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.

Trading 212 review
Is the Trading 212 Trading Platform Secure?

Trading 212 safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Trading 212 also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Trading 212.

Trading 212 review
Trading 212 Trading Platform Options

Trading 212 does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Trading 212 offer an their own custom trading platform developed and tested in house. The Trading 212 trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The Trading 212 platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With Trading 212 you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Trading 212 platform including news and quotes. Discover possible trades with the strong charting tools found with Trading 212. Trading 212 is available as downloadable applications or online through the cloud. Monitor your orders with Trading 212 and receive breaking news in your positions.

Trading 212 Trading benefits :

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

Trading 212 Trading Accounts Offered :

• Invest account
• ISA account
• CFD account
• Demo 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

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 withdrawal and funding methods.

Please note that the list of Trading 212 payment methods below depend on the Trading 212 Entity and the Clients Country of Residence.

All available Trading 212 payment methods available to you can be found in your Trading 212 members area checked on the Trading 212 website.

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

Trading 212 Payment Methods

• Trading 212 accepts Credit cards
• Trading 212 accepts MasterCard
• Trading 212 accepts VISA
• Trading 212 accepts Debit cards
• Trading 212 accepts Bank Transfer
• Trading 212 accepts Electronic wallets (eWallets)
• Trading 212 accepts PayPal
• Trading 212 accepts Skrill
• Trading 212 accepts Dotpay
• Trading 212 accepts Carte Bleue
• Trading 212 accepts Direct eBanking
• Trading 212 accepts Apple Pay
• Trading 212 accepts Google Pay
• Trading 212 accepts iDeal
• Trading 212 accepts Giropay

Broker	Trading212	eToro	IC Markets	XTB
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes
Skrill	Yes	Yes	Yes	Yes
Payoneer	No	Yes	No	Yes
Neteller	No	Yes	Yes	Yes

*please note available Trading 212 and other broker payment methods depend on the clients country of residence.

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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

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 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.

Note that a client of Trading 212 can never have a negative account balance.

Education resources at Trading 212

To trade effectively with Trading 212, it's important to get a have a good understanding of the Trading 212 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	eToro	IC Markets	XTB
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, German, Spanish, French, Italian	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More	Visit Trading 212	Visit eToro	Visit IC Markets	Visit XTB
Risk Warning	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.	71% of retail investor accounts lose money when trading CFDs with this provider.	Losses can exceed deposits	82% 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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Trading 212 Brand may be different.

• 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 3 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 the Trading 212 trading platform 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 January 15, 2021.

Trading 212 review
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Trading 212 review written by Andrew Blumer and Mark Hansen