Forex Brokers

TRADING 212

Trading212 is a London-based fintech company that democratizes financial markets through free

Trading212 is a London-based fintech company that democratizes financial markets through free, smart and easy-to-use applications, providing every investor with access to the stock, foreign exchange, and commodity markets. Trading212 has unlocked the stock market for millions by offering the first zero-commission stock trading service in Europe and the UK. Trading212 currently holds the full license of the UK FCA (license number: 609146) and the retail foreign exchange license of the Vanuatu VFSC (license number: 40517).

Security Analysis

Trading212 holds the UK FCA license from the top regulatory agency, which means that investors' capital security and trading activities on the Trading212 platform can be compared with those brokers that are not regulated or are regulated at Level 2 & Level 3 be protected to some extent. When Trading212, the investor, faces bankruptcy, the investor can be compensated. Of course, having a good regulatory license is only the primary condition for judging the safety of a broker, and it also takes into account key issues such as spreads, transaction costs, and withdrawal time.

Financial Instruments

The financial products that Trading212 provides investors mainly include currency pairs, commodities, stocks and indices in the foreign exchange market.

Account & Leverage

There are three different investment accounts set up on the Trading212 platform, namely the Trading212 INVEST account, the Trading212 ISA account, and the Trading212 CFD account. The minimum account opening amount for all three accounts is $1.

Spread & Fees

The official website of Trading212 only states that it provides ultra-low spreads for investors, but does not provide information about the spreads of specific products.

Trading Platform

Trading212 provides investors with not the most popular MT4/MT5 trading platform, but a mobile application that can be downloaded from the App Store or Google Play.

Deposits

Trading212 supports traders to deposit and withdraw funds from their investment accounts through various payment methods, such as VISA/MasterCard/Maestro credit/debit card, PayPal, Skrill, wire transfer.

Pros &Cons

The main advantages of Trading212 are:

1. FCA regulation;

2. Three kinds of trading accounts;

3. The minimum account opening amount is less;

4. A variety of deposit and withdrawal methods;

The main disadvantages of Trading212 are:

1. Less trading assets;

2. Non-MT4/MT5 trading platform;

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