Trading 212 Review 2025: Pros, Cons, & Fees
As well as referral links Trading 212 regularly offers promotional codes that give users free shares or cash bonuses when they sign up for an account. At the time of writing Trading 212 pays 5% on GBP with no maximum deposit limits. What’s more, the interest is not just calculated daily, but paid daily too. This is one of the stand out, and most popular features of Trading 212.
Trading 212 interface – great for beginners
Trading 212 is a market maker broker that offers a wide range of both CFDs and real stocks, thousands in total. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
Your securities are always held separately and remain separate from our own assets. Even in the event of our insolvency, your investments will remain safe, accessible to you and cannot be used by us or third parties. While experienced day traders might prefer more advanced charting platforms like MetaTrader 4 (MT4) or cTrader, beginner traders should appreciate the custom-built, bespoke feel of the Trading 212 app. While Trading 212 offers relatively tight spreads, which is crucial for day trading, some brokers provide lower-cost trading options, notably IC Markets. Trading 212 gets a decent rating for its investment offering owing to the large suite of tradable assets, especially stocks, though it still trails best-in-class brokers in this department.
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Of these providers, AJ Bell has the lowest platform fees for smaller portfolios, while IG’s charting tools and comprehensive company analysis could make it a good pick for more advanced traders. Trading 212 offers a range of features designed to make investing accessible and efficient for users of all experience levels. The platform provides diverse account types to cater to different investor needs. Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users.
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Your shares are held in a pooled account at Interactive Brokers, which is commonly known as an omnibus account. A beneficial owner is a person who owns and controls the shares, even if the shares are registered in the name of an intermediary. An owner on record is the registered owner who holds the shares on behalf of the beneficial owner. You are the beneficial owner despite the shares being registered under Trading 212.
- Additionally, they have an office in Bulgaria, although it does not engage in commercial operations, it ensures oversight by the local regulator (FSC).
- Trading 212 is not without shortcomings; MT4 and MT5 are unavailable, and there is a distinct lack of information about the trading platforms they offer.
- Trading 212 claims its live chat is available 24/7, but I struggle to chat with a human at the weekend.
- Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
- Your fees will be at a premium if you trade CFDs with the provider.
- CFDs are leveraged trades, and it’s possible to lose more than you might think, so you really need to ‘know your onions’ here.
With this account type, you can also buy fractional stocks perfect for casual traders. All trading here is completely commission and fee-free with not even the rollover fee charged since you are trading real assets, not CFDs. This also means the account type should be totally Shariah law compliant.
Which Markets does Trading 212 offer?
There have been some issues and controversies with Trading 212 in the past. In the UK we’re charged stamp duty when buying UK shares over £1,000. This is currently charged at 0.5%, There’s also a £1 PTM levy on UK shares for transactions over £10,000. Trading 212 may be commission free, but that doesn’t mean it’s fee free.
Is Trading 212 A Regulated Broker?
Overall, the platform can really work on improving its support if it’s to match alternatives like CMC Markets with its award-winning customer service. Trading 212 delivers satisfactory overall customer service, featuring swift assistance from its helpful live chat staff. However, I don’t like the way you have to ‘convince’ a chatbot to connect you with a human – it’s just a time-consuming hurdle.
Although you won’t be charged £11.95 a trade like HL, some transactions do carry a small fee. New investors are usually encouraged to invest in funds or indices, but if you’re interested in expanding your range of investments, Trading 212 has you well covered. One of the features that helped Trading 212 to grow as much as it has done is its ‘free shares’ offer. These are low risk financial assets that aim to provide a stable value, and are designed as safe places to keep your cash. That being said, like any instrument there can be small though extremely unlikely risk that the QMMF goes down in value.
The guides to charting are particularly useful for short-term traders. Considering the platform’s target audience, my biggest disappointment with Trading 212 is that there’s also no copy trading, so beginners can’t automatically replicate the trades of experienced traders. The platform offers alerts, notifications, and portfolio and fee reports, providing direct access to investment performance. Its strength lies in the ability to place trades in various ways and execute multiple operations on the same trading pair simultaneously. Trading 212 gets a high score for its platforms and tools thanks to its beginner-friendly app that delivers a terrific user experience.
Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Your shares will be held by Interactive Brokers and Bank of New York Mellon, two of the largest and most reputable financial institutions in the world.
Google Pay can be used to fund accounts, but PayPal only becomes available when funding a CFD account and not a stock account. Disappointingly, electronic wallets may not be accessible in all countries, and the information about their availability in specific regions is not always transparent. Currency conversion is available seven days a week at the live interbank rate, along with a fixed 0.15% FX fee. Trading 212 is regulated by the Financial https://traderoom.info/is-trading212-a-reliable-brokerage-firm/ Conduct Authority (FCA) – the UK’s financial watchdog. However, if the relevant stock exchange is closed, the deal won’t be completed until it opens again. Users can also view company information, including balance sheets and income statements, through the Trading 212 app.