Trading212 has its own trading platform, which provides millisecond execution of different types of pending orders in combination with multi-language customer services.
The platform is a decent alternative to the MT4. It also offers more than 750 instruments, including currencies, CFDs on commodities, shares and indexes. Trading212’s software also provides a wide range of built-in features, such as charting tools and technical indicators, financial news and economic calendar.
Trading212 gives access to the financial charting engine ProQuant (used for analyzing market trends and building strategies) and to the crowdsourced news platform Tradebird, both directly integrated into the broker’s proprietary platform.
Trading212’s web platform is also available as browser extension for Firefox, Chrome and Opera. It is also available as a mobile app for iOS and Android.
Trading 212 pros and cons
Trading 212 provides commission-free stock and ETF trading. Account opening is fully online, straightforward and quick. Trading 212’s web and mobile trading platforms are well-designed and easy to use.
On the negative side, the product portfolio is limited, and some popular asset classes such as options or bonds are missing. Research tools for fundamental analysis are quite basic. Lastly, forex fees are high.
Trading 212 have been recognised in the press for offering zero commission trading on over 2,000+ instruments across multiple asset classes including stock, forex, cryptos and more. They have been featured in respected publications such as Forbes, Financial Times, The Telegraph & The Independent
Trading 212 Review: Regulation
Trading 212 is a trading name of Trading 212 UK Ltd. and Trading 212 Ltd.
Trading 212 is authorised and regulated by the FCA (Financial Conduct Authority) in the United Kingdom with register number 609146. Trading 212 Ltd. is authorised and regulated by the Financial Supervision commission (FSC) in Bulgaria with register number RG-03-0237.
In order to ensure safety and comply with regulations, Trading 212 keep client funds in segregated bank accounts. They are covered by the Financial Services Compensation Scheme, FSCS (Trading 212 UK Ltd.) and the Investors Compensation Fund, ICF Bulgaria (Trading 212 Ltd). In the unlikely event of default, eligible clients may be entitled to compensation if the company cannot fulfil its obligations. The FSCS compensation provides cover of up to £85,000 and the ICF Bulgaria compensation is up to 90% but limited to €20,000 of the client’s funds. Trading 212 keep your information protected by implementing the industry’s best practices. They perform regular security metric tests and scans of their applications and infrastructure to ensure your data remains secure.
The company governance, financial, business, and IT processes and systems are audited by Grant Thornton. They have a dedicated 24/7 security operations centre which monitors and analyses the traffic and alerts to protect clients in real-time. They also participate in a bug bounty program which rewards researchers for submitted reports. Top execution venues and quality of execution reports are readily available to the public from the Trading 212 website.
Trading 212 provides mobile trading apps for iOS and Android devices. To access the mobile
apps on your device, you need to download them from the relevant app stores. You can also trade via the Trading 212 web platform that runs directly in most modern web browsers without needing to download or install any additional software The Trading 212 platform is powerful with an intuitive and fully customisable interface. It has smooth and easy to use charts for conducting technical analysis, with an abundance of trading tools.
Trading 212 Invest
Trading 212 provide investing in 2,000+ stocks and ETFs with no commission, no inactivity fees, no maintenance charges and no limits. They deliver immediate execution on leading
exchanges, delivering the best possible prices via direct execution and smart routing. The minimum deposit amount for this account type is €1 / $1 / £1. There is no charge for leaving an open position for the next day and no depositing fees. The minimum trade quantity is 1 share.
Trading 212 CFDs
Trading 212 offer CFD (contract for difference) trading on 1,800+ instruments across major markets including stocks, forex, cryptos, commodities and more. There are no commissions or hidden fees on CFDs and spreads are competitively tight on more than 150+ pairs. You can set your stop loss and take profit. Trading conditions are transparent with instant execution and negative balance protection on accounts. The minimum deposit amount for this account type is €29 / $29 / £29 and there are no depositing fees. For your open positions, margin requirements will vary depending on the instrument and Trading 212 will credit or debit your account on a daily basis with an interest swap.
Leverage of up to 1:300 for CFD trading is available for those who qualify as professional clients. To qualify as a professional client you must meet 2 out of the 3 following criteria:
- Personal portfolio of greater than £500k (not including property or cash)
- Verified history of trading significant volumes (down to broker discretion)
- Work experience in a professional financial position