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Trading 212 Review 2024

Written by
Adam N.
Fact checked by
Gyula L.
Updated
1d ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Web trading platform
Product selection
Regulated and trusted. Tested via live trading.
23,707 people chose this broker
Not available in United States; see best alternatives

Why choose Trading 212

Trading212 is ideal for beginner investors, boasting a solid stock and ETF selection that can be traded commission-free. I loved the user-friendly trading interface on both web and mobile. If you’re a cost-conscious investor, you’ll appreciate the generous interest Trading212 pays on your cash, but you should also mind its high conversion fees and choose a multi-currency account if available. Trading212 also has a CFD trading platform, but high fees make it an imperfect choice for traders.

  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
  • Pays interest on uninvested cash
Overall score
4.5/5
Minimum deposit
$1
Stock fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
Not sure if this is the right broker for you? See the best ones.

Fees

Score: 3.8/5
Trading 212 offers commission-free stock and ETF trading, and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high.
  • Free stock and ETF trading
  • No withdrawal and inactivity fee

We compared Trading 212's fees with two similar brokers we selected, eToro and XTB. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Trading 212 alternatives.

Commission-free real stock and ETFs

It’s extremely great as Trading 212 has commission-free US stock trading.

Broker
US stock
Trading 212
$0.0
eToro
$0.0
XTB
$0.0
Trading 212 stock and ETF commission

High FX fees

All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 1.0.

Broker
EURUSD spread
FX commission per lot
Trading 212
1.0
No commission is charged
eToro
1.0
No commission is charged
XTB
1.0
No commission is charged
Trading 212 forex spreads and commissions

Low index CFD fees

All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 1.1.

Broker
S&P 500 CFD spread
Trading 212
1.1
eToro
0.8
XTB
0.6
Trading 212 index CFD spreads and commissions

No inactivity fee, low withdrawal fee

It doesn't charge any account, inactivity or withdrawal fees.
Depositing to CFD accounts and depositing via bank transfer to Invest accounts are also free of charge. However, there is a 0.7% deposit fee if you deposit more than €2,000 in total to your Invest account using credit/debit cards or electronic wallets.
In addition, there is a 0.5% currency conversion fee for CFD trading, and a currency conversion fee of up to 0.15% for real stocks and ETFs. Currency conversion occurs when you trade an asset denominated in a currency other than your account base currency.

Broker
Inactivity fee
Withdrawal fee
Trading 212
$0
eToro
$5
XTB
$0
Trading 212 inactivity, withdrawal and other fees

Other commissions and fees

Average stock CFD fees: all stock CFD fees are built into the spread. The spread for Apple stock CFDs is 0.0.

Broker
Apple CFD
Vodafone CFD
Trading 212
$0.2
$0.4
eToro
$2.0
-
XTB
$2.6
$3.9
Misc. fees compared with other brokers

Safety

Trading 212 is regulated by the top-tier FCA and provides negative balance protection. However, it is not listed on any stock exchange and doesn't have a banking background.
  • Negative balance protection
  • Regulated by the FCA
Read more

Deposit and withdrawal

Score: 4.8/5
Trading 212 offers many free deposit and withdrawal options. On the downside, Skrill and Neteller are not available as a deposit method.
  • Credit/Debit card available
  • Free withdrawal
Read more

Account opening

Score: 5/5
The account opening process is straightforward, user-friendly and quick. Our account was verified within one business day.
  • Fast
  • Fully digital
  • No minimum deposit
Read more

Mobile app

Score: 4.9/5
Trading 212's mobile trading platform is user-friendly and well designed, with great search, alert and order functions.
  • User-friendly
  • Good search function
  • Price alerts
Read more

Web trading platform

Score: 4.4/5
Trading 212 has a user-friendly web trading platform with great features, like a safe two-step login and easy search. On the negative side, the platform is not customizable.
  • User-friendly
  • Two-step (safer) login
  • Good search function
Read more

Product selection

Score: 3.6/5
Trading 212 provides real stocks/ETFs as well as CFDs (forex, stock, index, etc.). As a result, popular asset classes like bonds, mutual funds, options or futures are missing.
Read more
“I recommend Trading 212 for equity investors and CFD traders looking for easy-to-use trading platforms.”

FAQ

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Author of this review

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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