Trading 212 Broker Review 2019

FairBinaryOptions Broker Certificate
  • Min. Deposit €100
  • Max. Leverage 1:200
  • Spread EUR/USD 1.9 pips
  • Mobile Yes
  • Platform Proprietary
  • LiveChat No

Trading 212 is a regulated forex and CFD broker based in London that offers free stock and ETFs trading for UK and German traders. In fact, Trading 212 is the first broker to offer zero-commission trading in the UK and Germany. This means that, with Trading 212, you can trade CFDs of over 1,800 instruments in stocks, commodities, currencies, crypto and indices entirely commission-free and with tight spreads.

Trading 212 is licensed by the Financial Conduct Authority (FCA) in the UK under the registration number 609146, as well as the Financial Service Commission (FSC) in Bulgaria, under the registration number RG-03-0237.

To find out all you need to know about this pioneer in the European retail trading industry, read our full Trading 212 review and final verdict below.

*80 % 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.

  1. Website Preview

  1. Trading 212 Account Features

    Trading 212 offers a single, standard account for all investors to use. The minimum deposit to begin trading with Trading 212 is only €100. This is considerably less than the most regular amount required to begin trading with most brokers, which is €250.

    As mentioned above, all trading through Trading 212 is commission-free. This is a first for European traders – who are used to paying around €12 per trade.

    You can check out exact trading conditions below.

    • Minimum deposit to open account: €29
    • Maximum leverage: 1:200
    • Fixed spreads: 1.9 pips / Variable spreads: 0.9 pips
    • Minimum withdrawal amount: €29
    • Working time: Monday – Friday, 10:00 pm – 9:00 pm (next day) GMT

    Does Trading 212 have a Demo Account?

    Yes, Trading 212 offers a practice mode (also known as “demo mode”) for all investors to practice their trades entirely risk-free. Notice the emphasis on “mode” here, because Trading 212 does not offer a separate demo account like most other brokers, but a single merged account which can easily be switched back and forth between real and demo/practice mode at any time.

    The merge of real accounts with demo accounts was made in 2017, so if you already had a Trading 212 account before then, simply use your Real Account password to access the new, merged account. All previous settings have been preserved. This change was made to make traders life even easier.

    As the names suggest, the Real Money Mode is a regular trading account where you can trade with real money, whereas the Practice Mode allows you to test your trading skills on the Trading 212 platform and practice as much as you want before switching to Real Money Mode and investing real money. Practice Mode works with virtual money.

    If you are new to trading or unfamiliar with the Trading 212 platform, the broker even offers a free tutorial on how to trade on their platform.

    Trading 212 broker

  2. Trading 212 Trading Software

    Trading 212 uses their own, proprietary trading platform known as the Trading 212 platform, which is available as both a web-based platform and a mobile app.

    Their mobile app (available on both the App Store and Google Play) is considered one of the most popular trading apps worldwide with over 14 million downloads. In fact, the Trading 212 app is ranked #1 in the UK since 2016 and, since 2017, #1 in Germany – so it is safe to say that this is an excellent trading platform.

    The Trading 212 platform combines an easy-to-use, user-friendly interface and powerful features – which makes it a perfect solution for beginners and experts alike. It incorporates the latest web and mobile technologies with a variety of technical analysis tools, a real-time news feed, a built-in economic calendar and smooth charting. Trading 212 makes sure to regularly update their platform to accommodate client feedback and always provide optimal trading conditions.

    In the settings menu, you will see that Trading 212 offers two trading modes: Aggregating and Hedging mode. Simply put, Hedging mode allows multiple positions to be opened with the same instrument, whereas Aggregating mode only allows one position to be opened with a specific instrument.

    Trading 212 platform

    Education Material: Learn How to Trade with Trading 212

    Trading 212 provides a variety of educational materials and helpful guides for beginners in trading to get the full scope of what the process entails and how it is done. This includes educational videos, informative and how-to guides, trading tutorials and an extensive glossary of all basic trading concepts and terms. Not all brokers offer such extensive informative material, so we would advise you to fully take advantage of the free material at your disposal with Trading 212.

    If you are a complete beginner in trading, good educational material is essential for the best and most effective trading experience. Never jump into trading with zero clue of how it works, for all trading entails some degree of risk.

    Risk warning: 80 % 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.

    Your capital is at risk
  3. Trading 212 Support Information

    If you have any question, problems or need further clarification, the customer support team at Trading 212 will be more than happy to help. You can reach their customer support team through their 24/7 live chat service, the email [email protected], their UK phone number (+44) 20 3769 9897 or the online contact form on their website.

    The live chat is available 24/7 during all 365 days of the year – which proves Trading 212 truly put their customer’s needs first, and makes sure to always be there for any question or issues that may arise. Note that this service only becomes available when you create a Trading 212 account. This also includes demo accounts.

    In addition, Trading 212 offers an extensive FAQ section that addresses most of the common questions traders have. These questions are categorised into separate sections, which are: Accounts, Trading, Funding and Withdrawing, Positions, Pending Orders, Profit, Loss and Miscellaneous.

    Hop onto the Trading 212 official website if you have any questions regarding the above categories and take a look at their answers.

    Risk warning: 80 % 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.
    Your capital is at risk
  4. Trading 212 Payment Methods

    Trading 212 is owned and operated by the company Trading 212 UK Ltd. And Trading 212 Ltd. They are based in London, UK and their official address is 107 Cheapside, London, EC2V 6DN. This address is the one provided on their website and was checked to be real.

    Many scam brokers lie about their official address or claim to be authorized and licensed companies, when in fact they are not. Trading 212 is indeed licensed with the FCA, as well as the FSC (see their official license) and the aforementioned address corresponds to their official company address in London.

    Deposit Methods

    Trading 212 gives traders a variety of payment methods to choose from, depending on personal preference. The payment methods accepted are:

    • Bank transfers
    • Credit/Debit card (Visa, MasterCard, Maestro)
    • Skrill
    • Dotpay
    • Giropay
    • SafetyPay
    • Carte Bleue
    • Mister Cash
    • Direct eBanking
    • CashU
    • UnionPay

    Note: Trading 212 does not accept cash payments that are paid directly into their bank account.

    Conclusion: Trading 212 is a Trustworthy, Professional Broker

    Through our careful review of this no-commission broker, our team has concluded that Trading  212 is indeed a professional, regulated company you can trust. At Fair Forex Brokers, we don’t give recommendations lightly. In this case, we can fully recommend Trading 212 as a true pioneer for European trading and one of the best brokers in the market right now which truly makes their customer’s safety their top priority.

    Our reasons for this conclusion are highlighted below:

    • Fully regulated and licensed by both the FCA and the FSC (see official license)
    • First broker in Europe to offer zero-commission, fully regulated trading
    • Transparent and professional website with all the necessary information
    • Mobile app ranked #1 in the UK and Germany
    • Demo mode + extensive educational material offered
    • Low minimum deposit of only €100
    Risk warning: 80 % 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.

  5. Your capital is at risk
Trading 212 Ltd.
Trading 212 is regulated by FCATrading 212
is regulated by
FCA
Reg no.: 609146

Trading 212 articles

FBO Awards