Trading 212 review offers a diverse range of accounts, market-leading interest rates on cash, and exceptionally low fees. Whether you’re looking to invest passively through an ISA or Invest account, or trade CFDs on margin to speculate on price movements with a more active approach, the platform has options that suit all levels of experience.
In terms of pricing, the web platform is commission-free for ETFs and stocks and has very competitive floating spreads – the average for all online brokers in our comparison is around 0.8 pips – which should keep active traders happy. You’ll need to pay a 0.15% currency conversion fee when you trade in currencies other than your account base but this is still a very low and competitive rate. There are also no inactivity or withdrawal charges.
Trading 212 Review: Pros, Cons, and User Experience
The mobile app boasts a slightly better charting interface than the web platform with access to 45 technical indicators alongside 19 drawing tools. I particularly liked the ‘market sentiment’ tool which helps to highlight discrepancies between buyers and sellers, a handy little feature for beginner investors.
Trading 212 is a UK-based company that’s regulated by the FCA and part of the Financial Services Compensation Scheme (FSCS). This means they’re obliged to look after your investments should something go wrong – up to PS85 000. Customer support is available through live chat and email with a large help centre that covers answers to most questions you might have.…