Trading 212 review & fees

Trading 212 exclusively accepts new customers from the EEA region who are not on a waiting list. Customers from other qualified nations are welcome to sign up for Trading 212’s waiting list, but it can take some time until the waiting list is eliminated and the onboarding limitations are abolished.

Customers at Trading 212 get access to a global CFD broker as well as free stock and ETF trading. The company’s current headquarters are in London, where it was formed in 2004. Trading 212 is governed by the Bulgarian Financial Supervision Commission, the Cypriot Cyprus Securities and Exchange Commission, and the UK Financial Conduct Authority (FCA) (FSC).

Trading 212 Pros and cons

Trading 212 offers commission-free trading for stocks and ETFs. Account opening is simple, quick, and entirely online. The web and mobile trading platforms offered by Trading 212 are attractive and simple to use.

The product portfolio is constrained, and several common asset types, such options or bonds, are absent. Due to significant conversion costs and the unavailability of USD as an account currency, trading US stocks might be expensive.

What trading 212 offer

Regulation at: United Kingdom, Bulgaria, and Cyprus
Trading charge category Low
No inactivity fee was incurred
$0 in withdrawal fees
Minimum down payment:?
One day is needed to open an account
Deposit through credit card is possible.
Depositing with an electronic wallet is possible.
Eight basic currencies are accepted.
Demo account is available?
Offerings include Stock, ETFs, and CFDs (forex, stock, ETF, index, commodity)

Trading 212 fees

Trading 212 transaction costs: Trade 212 trading commissions are inconsistent, ranging from commission-free actual stock and ETF trading to typically hefty CFD and FX trading commissions. On the plus side, we like how clearly Trading 212 discloses its costs. For instance, it provides daily swap rates, which are easily accessible via the trading platform or website. We are aware that comparing trading costs amongst CFD providers is challenging. So how did we go about making their costs transparent and comparable? By totaling up all the costs associated with a typical deal for certain items, we compare brokers. Fees for stocks and ETFs One of those CFD-focused firms, Trading 212 also provides actual stock and ETF trading with no fee. If you create a Trading 212 Invest account, you may trade actual stocks and ETFs.

Trading212 alternatives

eToro

Trading 212 may be effectively replaced by eToro. Trading stocks with the broker incurs no commission fees. The process of creating an account is quick and easy. The site includes several cutting-edge features, including social trading and a cryptocurrency platform.

However, there are some negatives. Due to the $5 withdrawal charge and the fact that eToro only accepts USD accounts, there may be significant conversion fees for deposits and withdrawals if your funding currency is not the USD.

The following traders will benefit from the broker’s mobile trading app: Individuals seeking a zero-commission stock trading platform; Multi-asset traders (i.e., those wishing to trade multiple assets at once); Novices looking to make their first stock trade.

More 212 trading alternatives

Plus 500:

The unique platform and capabilities of Plus500 are available for desktop and mobile users and are available across a variety of devices. The proprietary trading platform WebTrader, which Plus500 uses for its online trading, is one of the company’s most alluring features. Customers may enjoy a simplified trading experience with an easy-to-use interface on the WebTrader web trading platform.

You may trade cryptocurrencies with Plus500 as well (availability subject to regulation), although through CFD products. An exchange wallet has now been included onto the site for this reason.