Overall, Trading 212 is considered low-risk, with an overall rating of 7/10. In South Africa, Valbury Capital can be summarised as a reliable and reputable broker that is very competitive in terms of its trading fees.
Trading 212 at a glance
Broker’s Name | Trading 212 |
📍 Headquartered | London |
📅 Year Founded | 2013 |
⚖️ Regulating Authorities | FCA, CySEC ad FSC |
🌐 Countries not accepted for trade | The United States and Canada |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1: 300 |
💰 Minimum Deposit | $ 1 / R16 |
💳 Deposit Options | Credit cards Debit cards Skrill Dotpay Giropay Carte Bleue Direct eBanking Bank wire transfer |
💳 Withdrawal Options | Credit cards Debit cards Skrill Dotpay Giropay Carte Bleue Direct eBanking Bank wire transfer |
💻 Platform Types | Proprietary platform and a web-based version |
📱 OS Compatibility | Windows, web, Android, and iOS devices |
📈 Tradable assets offered | Forex currencies Indices Commodities Stocks Cryptocurrencies. |
👨💼 Languages supported on Website | English, German, French, Italian, Spanish, Polish, Russian, Romanian, Bulgarian and Chinese. |
👥 Customer Support Languages | English, German, French, Italian, Spanish, Polish, Russian, Romanian, Bulgarian and Chinese. |
📆 Customer Service Hours | 24/5 |
Trading 212 Review – 15 Key Point Quick Overview Revealed (2022):
- Trading 212 Overview
- Trading 212 Safety and Security
- Trading 212 Sign-up Bonus
- Trading 212 Minimum Deposit
- Trading 212 Account Types
- Trading 212 Account Features
- Trading 212 Demo Account
- Trading 212 Fees and Spreads
- Trading 212 vs Valbury Capital vs EverestCM – A Comparison
- Trading 212 Current Popularity Trend
- Trading 212 Customer Reviews
- Trading 212 Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
Trading 212 Overview
According to research in South Africa, Trading 212 is a trading name of Trading 212 UK Ltd. and Trading 212 Ltd. Trading 212 was founded in 2006 and has its headquarters in London, UK.
The fintech company offers access to the financial markets with free, smart and easy to use apps.
Trading 212 is known for its zero-commission stock trading service in the UK and Europe, which unlock the stock market for millions of traders. Investors with Trading 212 can trade equities, currencies, commodities, stocks, indices and cryptocurrencies.
Although headquartered in the UK, Trading 212 operates through direct service lines in numerous countries like Argentina, Chile, Mexico, China, Russia, Italy, Poland, Spain, Germany and more.
Trading 212 uses the best available technology to speed up the placing and execution of orders with proper connection to the most significant liquidity providers.
Trading 212 Safety and Security
One of the best means of determining the safety of a broker like Trading 212, is to establish which regulating authorities are watchdogs over its actions.
Trading 212 UK Ltd. is registered in England and Wales (Register number 8590005), with a registered address 43-45 Dorset Street, London, W1U 7NA. Trading 212 UK Ltd. is authorised and regulated by the Financial Conduct Authority (Register number 609146).
Trading 212 Ltd. is registered in Bulgaria (Register number 201659500). Trading 212 Ltd. is authorised and regulated by the Financial Supervision Commission (Register number RG-03-0237).
Its regulation status means that you are ensured of a set of implemented safety measures, and the broker is checked on a regular basis by some of the best authorities in the industry.
According to these regulations, clients’ funds are kept separately in segregated bank accounts.
The Financial Services Compensation Scheme (FSCS) and the Investors Compensation Fund (ICF) in Bulgaria cover client’s funds in the unlikely event of Trading 212 default.
This means that every trader will be compensated if the company fails up to GBP 50 000 through the UK entity and up to EUR 20 000 through the ICF Bulgaria.
Trading 212 Sign-up Bonus
Trading 212 does not advertise the offering of a sign-up bonus on its website. No sign-up bonus, a deposit bonus, or a welcome bonus is offered to traders who register a real account with Trading 212.
It does indicate though that on the odd occasion this does apply on an individual basis. The broker was not running any active bonus offers at the time of writing.
Individual traders in different geographic locations may qualify for certain bonuses, but traders need to contact support to get the details of any bonus. This does not apply to clients in the EU jurisdiction as it is prohibited by the FCA.
Through these bonus offers brokers often attempt to draw new customers to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
Even though Trading 212 does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.
Trading 212 Minimum Deposit
Trading 212 has a minimum deposit requirement of only $ 1. This minimum deposit amount is equivalent to ZAR 16.00 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
Trading 212 offers services globally and is regulated by three regulatory bodies:
Trading 212 UK Ltd. is registered in England and Wales and authorised and regulated by the UK Financial Conduct Authority (FCA).
Trading 212 Markets Ltd. is registered in Cyprus and authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Trading 212 Ltd. is registered in Bulgaria and authorised and regulated by the Financial Supervision Commission.
One of the requirements with all of the above-mentioned regulators is that client funds must be kept in segregated accounts from the broker account and could only be used by traders to conduct trading activities.
Trading 212 Account Types
TRADING 212 offers three different account types, which differ based on the assets you can trade and the countries where they are available.
The three account types are Trading 212 CFD, Trading 212 Invest, and Trading 212 ISA. In addition, the broker offers the option of opening a demo account but no option for the opening of an Islamic Account.
Traders will find that through these live accounts, Trading 212 offers competitive trading conditions along with comprehensive solutions and services.
Trading 212 Account Features
Trading 212 CFD
Trading 212’s CFD account only allows trading in CFDs, and this is the most popular account type. Most international clients will trade in this account.
Trading 212 Invest
Trading 212 Invest offers trading in real stock and ETFs. Clients invest and trade in real equities where short-selling is not available. This is also available to most international clients.
Trading 212 ISA.
Trading 212 ISA account is only available to UK clients and offers to take full advantage of tax-free trading up to a certain amount. Trading is offered in real stocks and ETGs.
The minimum deposit required to open an account is only €/£1 for CFD accounts and €/£10 for Invest or ISA accounts. Fees, charges, and leverage are the same for all users. All trades are commission free.
Trading212 also offer professional accounts that allow users to access higher levels of leverage in exchange for waiving regulatory protection. Traders need to meet certain criteria regarding trading experience, capital, and trade frequency when they apply for this.
Trading 212 Demo Account
Trading 212 offers traders, especially beginner traders, the option of opening a Demo Account. These accounts can be utilized in various ways.
It is seen as a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
For the more advanced trader who are evaluating and comparing brokers and who would like to explore TRADING 212’s trading conditions in a risk-free environment, can also benefit through the opening of a demo account.
A demo account is also beneficial to traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.
Trading 212’s demo account sign-up is fully digitalized and hassle-free. It is a free account to open and can be used for a period of 30 days. The demo account has the same features as the live account type and allows traders to practice trading without any risk involved.
To register for an account can be done within a few minutes and as soon as the trader is registered, demo trading can commence once the trader has downloaded and installed the proprietary trading platform.
Trading 212 Fees and Spreads
Trading 212’ spreads start from 1.2 pips on EUR/USD. The broker does not charge any commissions for trade executions but collects a brokerage fee from the spreads.
Price spreads vary throughout the day depending on factors such as available liquidity (supply and demand), market forces, volatility, and the trading session. Trading 212 offers relatively tight spreads but some assets have better spreads than others. Spreads on cryptocurrencies are the most competitive.
Trading 212 vs Valbury Capital vs EverestCM – A Comparison
🔎 Broker | 🥇 Trading 212 | 🥈 Valbury Capital | 🥉 EverestCM |
💰 Minimum Deposit | $ 1 / R16 | $10,000 | ZAR R1600 / $100 |
📝 Sign-Up Bonus | ☑️ No | ☑️ No | ☑️ Yes |
➕ Max. Leverage | 1: 300 | 1:30 | 1:500 |
💵 Currency Pairs | 30 | 50 | 50 |
🚀 Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Trading 212 Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “Trading 212” is entered into Google’s search engine over a given period of time.
Trading 212 Customer Reviews
I recommend Trading 212 Invest
I recommend Trading 212 Invest. My command code is: 11QS31JIJs
Don’t forget to type after wearing it. You will get free action up to € 100 if you deposit € 11. I’m very happy.
Support is awesome
Support is awesome, they are very fast in finding a solution when there is a problem,Friendly as well
Super easy and Great Platform with many benefits
I am a super supporter of any platform that offers free Trading without commission and easy to use interface which Trading 212 provides! I am loving it right from the start and its very beneficial in many ways!
Trading 212 Pros and Cons
✔️ Pros | ❌ Cons |
Demo accounts available | Not ASIC Regulated |
Min. deposit from $1 | Doesn’t allow scalping |
40,000 users and traders | Does not allow EA software |
Zero commission | Inactivity fee |
Ideal for beginners | Short-selling not allowed |
Regulated by the FCA and the FSC | Limited research selection |
Minimum deposit from just $10 |
Conclusion
Best known for its commission-free trading, Trading 212 offers an easy to use trading platform and mobile app to residents across the UK and broader EU. The Trading 212 broker is among the shortlisted companies that offer zero-commissions and bring access to the stock market to many traders.
Trading 212 has a lot to offer potential users, the primary benefit being commission free trading across a broad range of asset types.
Another benefit is the simplicity and usability of their Trading 212 mobile app, which is free to download, easy to navigate and very functional. Trading 212 is perfect for both beginner and veteran traders.
Its host of additional educational features can also benefit novices and experienced traders. Trading 212 offers fair customer support and the easy withdrawal of funds, making it a good option for would-be investors to explore.
Some potential investors may prefer a more browser-based broker, perhaps with the popular MetaTrader4 platform, or additional features like algorithmic/automated trading or the option of managed accounts.
Trading 212 accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders cannot use Trading 212 from the United States or Canada.
Disclaimer
Trading 212 warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
Before deciding to trade the products offered by Trading 212, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.
Trading 212 warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Trading 212 cannot guarantee a maximum loss, according to research in South Africa.
You might also like: Trading 212 Account types
You might also like: Trading 212 Minimum deposit
You might also like: Trading 212 Demo account
You might also like: Trading 212 Fees and spreads
You might also like: Trading 212 sign up bonus
Frequently Asked Questions
ACCOUNTS
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does Trading 212 offer a demo account?
Yes. The broker does offer a demo account that has the same features as the live account.
For how long is the demo account valid?
The demo account is valid for 30-days.
Does Trading 212 offer the option of an Islamic Account?
No. Trading 212 does not offer the option of an Islamic Account for traders of the Muslim faith.
Which live trading accounts does Trading 212 offer?
Trading 212 offers three account types to choose from, namely, Trading 212 CFD, Trading 212 Invest, and Trading 212 ISA.
What are the available deposit currencies for a live trading account?
Trading 212 supports the following account base currencies, namely GBP, EUR, USD, RON, PLN, CHF, NOK, SEK, and CZK. However, of these, only 2 or 3 account base currencies are available in each country, usually the local currency plus EUR.
Featured SA Shares Writer and Forex Analyst.
Discussion about this post