Trading 212 Review 2020

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.

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.

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

Trading 212 review written by Andrew Blumer and Mark Hansen