Trading 212 Review 2021
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Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of Trading 212 Trading Company
The Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA). The broker does not provide data on awards received during the work.
We only work with accounts opened exclusively through the Traders Union website.
👍 Advantages of trading with Trading 212:
- low level of the minimum deposit;
- a large selection of trading assets;
- multilingual site interface.
👎 Disadvantages of Trading 212:
- lack of investment programs;
- a small number of ways to contact support;
- educational materials are not updated;
- the company does not hold contests for traders;
- strict requirements for participants in the referral program.
Overall
The broker is focused on cooperation with novice and experienced traders, but pays more attention to the development of service and trading conditions, rather than educational programs.
Visit Trading 212Top 3 Trading 212 Customer Reviews
I became interested in investing about a year and a half ago. I used PAMM accounts and went through copy services, but I believe that the most reliable way to invest money is through trading stocks. If you approach wisely and invest in stocks periodically, and not only once, you can accumulate good capital. Trading 212 has one of the most convenient conditions for investing here. The mobile application is excellent, the choice of stocks is also pleasing but the conditions of the referral program are less than optimal. Trading 212 is clearly not the best offer. If this is important for you, then I recommend paying attention to it. I don’t evaluate the broker’s active trading, I use it only as a platform for investing. I prefer to trade on InstaForex.
Trading 212 is not for everyone. The conditions here seem to be average, without any complications, but they cannot be called the best on the market. Brokers who offer different trading conditions are much closer to me, then you can start from personal preferences and choose the optimal account type for you, but there are few choices: You can either invest or trade. By contrast, the choice of instruments in Trading 212 is huge; not every broker can boast of such. It uses modern payment systems. But I still advise novice traders to start with cent accounts that other companies have, and then, if necessary, switch to trading here.
I opened an account here because my trading colleagues praised this broker. I don't know what they liked so much, because I didn't stay here for long. The conditions indicated on the site do not always reflect the reality because there is no such thing that both the commission and the spread are zero! The broker must also make money, after all. For investments, yes, you can try, but for Forex trading I strongly recommend looking towards Exness or Roboforex. There, you can find conditions for both beginners and pros.
Trading 212 Latest Comments for 2020
The reviews by customers of the Trading 212 indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Trading 212 published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
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Expert Review of Trading 212
Trading 212 has been cooperating with the Traders Union for more than a year and during this period it has established itself as a reliable partner who regularly fulfills its obligations. Traders may choose from two types of accounts. One allows you to invest in stocks; the other one involves active trading. Both accounts have a demo version, which permits traders to test the trading conditions before moving on to real trading.
The broker is ready to cooperate with traders and investors, regardless of their level of experience, but upon registration, it warns potential clients about the increased risks associated with trading. During its activity, the company has received many positive and negative reviews. The Trading 212 support team distinguished themselves by providing qualified assistance to resolve pressing questions and problems. However, before opening an account with a broker, we strongly recommend that you read the reviews by the company's clients.
The broker's website is not visually overloaded and at the same time, it allows traders to learn all the information related to trading conditions and additional opportunities. The site interface has been translated into 11 languages, which is an advantage for the company's clients.
Analysis of the Main Features of the Forex Broker
Dynamics of the Popularity of Trading 212
in 2020 among the Users of the Traders Union
Investment Programs, Available Markets and Products of the Broker
Trading 212 positions itself as a company that cooperates not only with active traders but also with investors. Popular investment programs are not presented here. The only way to invest involves buying shares of various companies and receiving dividends or remuneration for the subsequent resale of shares. Another way to get a passive income is to partner with a broker. In this case, it is not necessary to actively trade yourself.
If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.
Trading 212 affiliate program:
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Promo offer. It works according to the principle of a standard referral program. A client of the company becomes a partner of a broker, receives an individual referral link and attracts new users to the company. The referrer gets a bonus for each new active trader.
To become a participant in the promo offer, a trader must meet several requirements, which are described in detail in the relevant section on the broker's website.
Rebate and Discount Programs of the Traders Union for Trading 212
Cooperation with the Traders Union provides traders with additional benefits. Participation helps traders to reduce trading costs or even bring it to zero. Just register on the Traders Union website, link a trading account opened with the Trading 212 broker to your account, trade actively and receive bonuses in the form of a rebate for up to 100% of each spread, and the rebate will be deposited directly into your Traders Union personal account. The success of the trades does not affect the payouts, the rebate is accrued for both profitable and unprofitable trades.
Try it! You’ll like this!Trading Conditions for Trading 212 Users
The broker aims to provide optimal conditions for both investing and trading. The company offers traders a low minimum deposit level - USD/EUR 1 at Trading 212 Invest and USD/EUR 10 at Trading 212 CFDs. Small leverage is offered (1:30), the margin level varies depending on the type of trading instruments. There is some information about each of them in the personal account.
USD 1 / EUR 1
Minimum
deposit
1:30
Leverage
24/7
Support
| Trading platform: | Web platform, a mobile app for iOS and Android |
|---|---|
| Accounts: | Trading 212 Invest, Trading 212 CFD |
| Account currency: | USD, EUR |
| Replenishment / Withdrawal: | Bank cards: Visa, Visa Electron, MasterCard, Maestro; electronic payment systems: PayPal, ApplePay, GooglePay, Skrill; bank transfer via wire transfer |
| Minimum deposit: | USD 1 / EUR 1 |
| Leverage: | 1:30 |
| PAMM-accounts: | No |
| Min Order: | 0.1 |
| Spread: | From 0 pips |
| Instruments: | Currency pairs, CFDs on stocks, indices, futures, commodities, ETFs |
| Margin call/Stop Out: | Depends on the trading asset |
| Liquidity provider: | n/a |
| Mobile trading: | Yes |
| Affiliate program: | Yes |
| Orders execution: | Instant execution |
| Trading features: | Trading stocks, CFDs and ETFs |
| Contests and bonuses: | No |
Comparison of Trading 212 with other Brokers
| Trading 212 | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Trading platform |
Web Trading platform, Mobile platforms | MT4, MobileTrading, MT5, cTrader | MT4, MT5, MobileTrading | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | $1 | $100 | $5 | $200 | $100 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
From 1:25 to 1:500 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 0 points | From 1 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
No | 25% / 20% | 100% / 50% | 100% / 30% | 25% / 10% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | $100 | $30 | No | No |
| Cent accounts | No | No | Yes | No | Yes |
Broker comparison table of trading instruments
| Trading 212 | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | No | Yes | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | Yes | Yes | Yes | Yes |
| ETF | Yes | No | No | Yes | No |
| Options | No | No | Yes | No | No |
Commissions & Fees Trading 212
The Traders Union specialists have analyzed trading conditions at Trading 212 for trading and non-trading commissions. No hidden fees were found. The company does not charge a trading fee for the replenishment of the deposit and withdrawal of funds. A commission of 0.5% is charged for converting currencies on the Trading 212 CFD account.
| Account type | Spread (minimum value) | Withdrawal commission |
| Trading 212 Invest | From $1 | No |
| Trading 212 CFD | From $1 | No |
The transfer fee for the next day is only charged on the Trading 212 CFD accounts. The Trading 212 invest account allows you to transfer orders without fees. Trading 212 was also compared with leading companies in the market. According to the results of the analysis, brokers were divided according to the levels of commission they charge: from low to high.
| Broker | Average commission | Level |
| Trading 212 | $1 | Low |
| FxPro | $13.2 | High |
| Admiral Markets UK | $5 | Medium |
The Trading 212 broker offers clients a competitive level of commissions. The company's trading fees are lower than most of its competitors.
Detailed Review of Trading 212
Trading 212 is known as an investment company that gives traders the ability to trade and invest comfortably. The broker focuses on the use of new technologies in its work to make trading conditions optimal for both inexperienced market participants and professionals. Thus, this company sets a minimum deposit level, which opens up access to the stock markets for a larger number of customers. The development of its mobile application has made the broker popular in the UK and elsewhere.
A few numbers about the Trading 212 broker which will help a trader to choose a reliable broker:
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more than 3000 trading instruments for active trading and investment;
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it has more than 500 thousand clients;
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the company's mobile app has been downloaded over 15 million times;
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qualified support service is available 7 days a week, 24 hours a day.
Trading 212 has optimal trading conditions for investors and traders
The broker prioritizes the use of new technologies that make the trading process even faster, more comfortable, and more accessible. There are two types of accounts in Trading 212: one for investing, the other for active trading. In the first case, trading is carried out exclusively on the stock market; in the second, the trader has access to the foreign exchange and other markets.
Trading is carried out in two modes: through a browser and a mobile application for iOS and Android. Therefore, the user does not need to install additional programs. You only need a gadget with access to the internet.
Useful services of Trading 212:
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News. The service allows traders to stay up to date with the latest news on the global economic arena;
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Economic calendar. It gives traders more detailed information about the current market situation;
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Analysis. These are daily analytical materials on the most popular trading instruments;
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Help Center. It allows you to find answers to the most frequently asked questions from customers using the built-in search engine;
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Autoinvest. An automated system simplifies the investment process.
Advantages:
having your own mobile application for comfortable trading;
support service provides professional assistance to clients at any time;
client funds are reliably protected by segregated accounts;
use of convenient payment systems available all over the world;
low level of the minimum deposit for investment and active trading.
How to Start Making Profits — Guide for Traders
The Trading 212 broker offers only two types of real accounts, which provide optimal conditions for active trading and investing, as well as two virtual accounts. Their differences are in the form of trading instruments, the amount of the minimum deposit, and the commission for currency conversion.
Account types:
Each of the presented accounts is available in a demo version, which allows you to test their trading conditions without financial risks.
Trading 212 is a broker aimed at cooperating with traders regardless of their trading experience, and with investors who prefer to work with stocks.
Bonuses Paid by the Broker
Trading 212 does not provide its clients with additional bonuses in the form of accruing funds when replenishing a deposit or performing other operations. Instead, the broker allows you to get additional earnings through participation in the referral program and promotions.
Bonus from Traders Union
Trading 212 clients who work with Traders Union have an advantage that helps them save on trading costs. Just go through a quick registration on the Traders Union website, link an existing trading account to the Traders Union and receive a bonus in the form of a rebate as a part of the spread for all trades without exception. You can find detailed instructions for linking a trading account in Trading 212 to an account in Traders Union here.
Investment Education Online
The brokerage company is focused not only on providing quality services but also on developing its clients. Therefore, Trading 212 offers traders of all levels training materials that will help novice traders to understand the basics and nuances of trading, and professionals to improve their skills.
We recommend testing the acquired knowledge without financial risk using a demo account.
Security (Protection for Investors)
Trading 212 UK Ltd. Is registered in the UK and licensed (registration number: 609146) to provide financial services from the FCA. The same authority regulates the broker's activities.
Also, Trading 212 participates in the Financial Services Compensation Scheme (FSCS) and the Investor Compensation Fund (ICF), which reliably protect client funds and allow investors to pay monetary compensation in the event of default up to EUR 20,000.
👍 Advantages
- Availability of licenses and regulators
- Documents confirming the existence of a license are provided on the broker's website in the open access
- Customer funds are protected using segregated accounts
- In case of liquidation of the company, clients receive financial compensation in the amount of up to 90%, but not more than EUR 20,000
- The regulations governing the relationship between the broker and clients
- Disputes between the company and the investor are resolved by independent experts
👎 Disadvantages
- Consideration of a claim from a private client may take more than one month
- The regulator does not consider small claims
Withdrawal Options and Fees
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Trading 212 broker withdraws funds to the user's personal account on-demand and reserves the right to set limits on the minimum withdrawal amount. There is no commission for replenishing a trading account and for withdrawing funds.
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To deposit and withdraw funds to a trading account, the company's client can use Visa, Visa Electron, MasterCard, Maestro bank cards, PayPal, Apple Pay, Google Play, Skrill, and bank wire transfers.
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When withdrawing funds, the broker does not provide data on the time when funds are credited to a deposit account or a client's personal account. However, transactions using electronic payment systems are faster, while bank transfers take up to 5 business days.
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You can withdraw funds in the following fiat currencies: USD and EUR.
-
To withdraw funds, the user needs to verify his account by providing the broker with the relevant documents in the personal account.
Customer Support Service
In case of questions or problems during the workflow, a trader may contact the support service, which works around the clock, 7 days a week.
👍 Advantages
- 24/7 support
- Prompt answers from specialists
👎 Disadvantages
- Few communication methods
You can contact Trading 212 specialists in the following ways:
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fill out the feedback form on the broker's website;
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send an email;
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send a message to the online chat in your personal account.
Online chat is available exclusively to registered clients of the broker.
Contacts
| Registration address | 43-45 Dorset Street, London, W1U 7NA |
| Regulation |
FCA, FSC (Bulgaria) Licence number: 609146, RG-03-0237 |
| Contacts |
Email:
[email protected],
|
Review of the Personal Cabinet of Trading 212
To start investing or actively trading with the Trading 212 broker, you need to register and open your personal account. To learn how to do this and what functions are in the trader's personal account, read the detailed instructions below.
To receive a rebate from the Traders Union, you need to log into your account on the Union’s website and link your Trading 212 account to the TU. If you are not registered yet, use the referral link, go to the broker's main page and click on the "Open an account" button.
In the dialog window, select the account you need — real or demo
To open a demo account, enter your email address and a password. Then you can start virtual trading. For a real account, you must indicate the country of residence, citizenship, phone number and date of birth. The broker also requests information about the country you pay taxes to, identification code, internal passport number, residence address, desired account type (Invest or CFD), account currency, information about income, work and trading experience.
After filling out the form with all the necessary data, enter your email address and a password.
The last step is to verify the account with document data (passport, identification code, and others).
After opening an account, you will automatically be taken to your personal account and the broker’s web platform. The following functions are available in the Personal Account:
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funds management;
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reports;
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training;
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client agreement;
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help center;
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switching a real account to a demo version.
Tags:
Trading 212 trading212 trading212 com www trading212 comThe Oldest Reviews of the Trading 212
The reviews by customers of the Trading 212 indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Trading 212 published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
Author of this Review
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FAQs
Do reviews by traders influence the Trading 212 rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Trading 212 you need to go to the broker's profile.
How to leave a review about Trading 212 on the Traders Union website?
To leave a review about Trading 212, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Trading 212 on a non-Traders Union client?
Anyone can leave feedback about Trading 212 on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with Trading 212 through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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