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
Fees
- 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 |
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 |
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 |
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 |
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 |
Safety
- Negative balance protection
- Regulated by the FCA
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Good search function
- Price alerts
Web trading platform
- User-friendly
- Two-step (safer) login
- Good search function