Trading212 Review

Country : United Kingdom

Max. Leverage : 1:300

Demo account :

Foundation : 2013

Min. Deposit : $1

US Clients :

Trading 212, a UK-based forex brokerage, offers access to all major markets. Clients can trade forex pairs, CFDs on stocks, commodities, cryptocurrencies, and real delivery equities, as well as ETFs and ETFs. The broker offers a single type of trading account with great trading conditions. It also uses a feature-rich, intuitive proprietary trading platform.

Broker Regulation Summary
Regulation Name Of Regulation Country What is
FCA Financial Conduct Authority United Kingdom The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry
AFSC Anguilla Financial Services Commission Angola The Anguilla Financial Services Commission (AFSC) is aware that there have been increased efforts by individuals to target vulnerable sections of the general public in order to partake in forex trading and binary options trading.
FSC Financial Supervision Commission United Kingdom The Financial Supervision Commission (FSC)
FSC Bulgaria Financial Supervision Commission of Bulgaria Bulgaria Financial Supervision Commission of Bulgaria (FSC Bulgaria)
FSC Mauritius Financial Services Commission of Mauritius Mauritius Financial Services Commission of Mauritius (FSC Mauritius)
FSC of BVI Financial Services Commission United Kingdom BVI Financial Services Commission (FSC of BVI)
FSCA Financial Sector Conduct Authority South Africa Financial Sector Conduct Authority (FSCA)
FSCL Financial Services Complaints Limited New Zealand Financial Services Complaints Limited (FSCL)
FSCS Financial Services Compensation Fund United Kingdom Financial Services Compensation Fund (FSCS)
IFSC International Financial Services Commission Belize Forex brokers in Belize are regulated by the International Financial Services Commission (IFSC), an independent self-regulatory agency under the Ministry of Belize Securities and International Financial Services Commission Act.
VFSC Vanuatu Financial Services Commission Vanuatu Vanuatu Financial Services Commission is the financial regulatory authority of Vanuatu. It was created by the Vanuatu Financial Services
MiFID The Markets in Financial Instruments Directive Germany MiFID is the Markets in Financial Instruments Directive (2004/39/EC). It has been applicable across the European Union since November 2007.
Max. Leverage 1:300
Min. Deposit $1

Trading212 Advandage and Disadvandage

Advandage
  • Licensed by the FCA
  • Excellent trading conditions
  • Nice in-house platform, high rated app
  • An array of tradeable assets
Disadvandage
  • No MetaTrader

The Company. Security of Funds

Trading 212 is a trading name for Trading 212 UK Ltd. It is licensed and controlled through the Financial Conduct Authority in the UK (FCA). Trading 212 also operates an Bulgarian subsidiary that is authorized by Bulgaria’s regional Financial Supervision Commission.

The UK’s FCA is among the most reputable watchdogs in the world. They enforce strict regulations to brokers that fall under their watch. For example, clients’ funds are required to be stored in separate bank accounts and those that are regulated have to hold an amount of EUR730 000 in order to be deemed financially stable. Furthermore, UK-based brokers are required to adhere to ESMA’s regulations regarding leverage, trading incentive as well as the provision of negative balance protection and much more. It appears that the majority of these regulations will remain in force regardless of the UK’s departure out of European Union.

Additionally further, the FCA has a compensation scheme to provide additional guarantees to protect client funds. Therefore, brokers that are that are registered in UK are part of the Financial Services Compensation Scheme, with the maximum amount of compensation is PS85,000 per individual.

Trading Conditions


Minimum Initial Deposit

To trade live on Trading 212, investors should invest at minimum EUR 29 which isn’t a lot. The initial investment for this type of investment is typical for the market.


Average spreads and Commissions

As per the info available on Trading212’s website the spread they are targeting for EUR/USD is 0.9 percent. In our tests of the platform of the broker and found that the spread was hovering at 1.1 pip which is a great price. You can examine the live spreads for some best forex brokers:

Also, we must mention the zero-commission policy of Trading 212 and also for trading in ETFs and stocks that are that are listed on world-class exchanges located in US, UK and Germany.


Maximum Leverage

Trading 212 permits its professionals to leverage of up to 1:300. This means that you can trade with 300 times the amount of money as the funds that are deposited. However, you must take note of the dangers that come with margin trading because leverage that retail customers can avail, who aren’t professionals, is limited to 11:30.

Trading Platform

Contrary to most forex brokers, Trading 212 uses a custom-built trading platform on the web which provides everything a trader could need such as a user-friendly interface that is easy charting, advanced analysis tools, a built-in economic calendar, real-time news feeds, etc. Here’s a screen shot:

These features are translated to the iPhone as well as Android version of the platforms, both of which are extremely evaluated.

If you would rather trade using the old MetaTrader4 (MT4) as well as using Expert Advisors to facilitate automated trading, here’s the list of brokers that provide this kind of platform:

Methods of Payment

Through Trading 212 you can open an account with a real bank account for GBP, EUR or USD. The broker will accept transfer of funds, credit and debit card transactions, Skrill, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash Direct eBanking, CashU and UnionPay.

Conclusion

Trading212 is a worldwide forex broker that operates out of the UK The services offered are quite attractive. It offers low spreads, no commissions on trading, an excellent in-house platform, and a variety of payment options supported. In addition, the brokerage is authorized through one of the largest and most trusted financial regulators in the world – The FCA located in the UK.

 

Trading212 Summary
Trading212 Details Information
Regulators FCA, FSC, MiFID
Country United Kingdom
Base Currencies USD, EUR
Type Of Brokers ECN, STP
Trading Platform Desktop, Mobile, MT4
Established Year 2013
Website Language English
US Clients
Trading212 Spreads
Option Information
Minimum Spreads 1.3
Commission
Fixed Spreads
Trading212 Payment & Withdrawal Option
Option Information
Acc Funding Methods Skrill, Wire transfer, Perfect Money, Visa Card, Master Card, PayPal
Acc Withdrawal Methods Skrill, WebMoney, Perfect Money, Visa Card, Master Card, PayPal
Trading212 Suitable For
Option Information
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading
Trading212 Trading Account Options
Option Information
Maximum Leverage 1:300
Mini Account
VIP Accounts
Segregated Accounts
Free Demo Accounts
Managed Accounts
Pro Account
Minimum Deposit $1
Islamic Account
Trading212 Trading Services
Option Information
Hedging
News Trading
Scalping
Automated Trading
Indices
Commodities
Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy Tradings
Trading212 Contact & Support
Option Information
Telephone No +44203769 9897
Email info@trading212.com
24 Hours Support
Support During Weekends
Address Trading 212 is a trading name of Trading 212 UK Ltd. and Trading 212 Ltd.

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