Compare RBC Direct Investing vs Trading 212


Online brokers compared for fees, trading platforms, safety and more. See how RBC Direct Investing stacks up against Trading 212!

RBC Direct Investing vs Trading 212
overall rating
4.1
4.3
overall pros
  • Quick, useful customer service
  • Easy account opening in some cases
  • High-quality educational tools
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
overall cons
  • Only US and Canadian markets covered
  • Lack of withdrawal/deposit options
  • Outdated mobile trading platform
  • Limited product portfolio
  • Missing phone and live chat support
  • High forex fee
fees
3.8
  • No mutual fund trading fee
  • No withdrawal fee for RBC clients
  • Quarterly account fee
  • High withdrawal fee for non-RBC clients
3.4
  • Free stock and ETF trading
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High forex fees
  • High financing rate
account opening
3.9
  • Fully digital
  • No minimum deposit
  • Account opening complicated for non-RBC bank account holders
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
2.4
  • No deposit fee
  • User-friendly
  • Free withdrawal for clients with RBC bank account
  • Credit/Debit card not available
  • Fewer withdrawal and deposit options for non-RBC clients
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in each country
web trading platform
2.9
  • Clear fee report
  • Price alerts
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Outdated design
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
mobile trading platform
0.7
  • Touch/Face ID login
  • Not user-friendly
  • No price alerts
  • Bugs
4.9
  • User-friendly
  • Good search function
  • Price alerts
desktop trading platform
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
3.9
  • Stock
  • ETF
  • Forex
  • CFD
research
3.8
  • Trading ideas
  • Data on asset fundamentals
  • Baisc news feed
  • Basic charting tools
2.8
  • Good interactive chart
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
1.0
  • Relevant answers
  • 24/7 availability
  • No live chat
  • No Phone support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors, including beginners, focusing on the Canadian and US markets Active CFD and FX traders and investors looking for intuitive trading platforms
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