TRADING212: Review, Analysis and Complete Guide

TRADING 212, based in London, in an insurance broker born in Bulgaria and regulated by the English FCA and the Bulgarian authority. Its advanced financial technology makes it an extremely popular and easily accessible operator.

Trading 212 features free, smart and easy-to-use applications, allowing anyone to trade Forex, stocks, currencies and commodities, among others.

Trading 212 is ideal for beginners as it provides a wealth of information for free trading in real stocks and CFDs or active trading in stocks, Forex or Indices with no commissions and low spreads.

Trading 212 allows you to trade CFDs on all types of assets. However, it specializes in Forex trading. Spreads and commissions are good but can be improved.

Below we will refer to the various features of TRADING212, its fee schedule, ways of trading on the Forex and CFD market, platform, commissions, user feedback and everything else you need to evaluate whether you are the right trader to trade.

TRADING212 Financial Products

TRADING212 clients can invest in a variety of assets, including Forex and CFDs, currencies, gold, commodities, crypto-currencies such as Bitcoin, stocks, among others.

CFDs: Contracts for Difference offer the possibility of leverage, and through them the difference in price of an asset is exchanged between the time the position is opened and the time it is closed (long or short).

CFDs are complex instruments and have a high risk of losing money quickly due to leverage. It is very important that the chosen trader is reliable as it involves great risk if trading is not secure.

TRADING212 allows trading CFDs on all types of assets and its leverage is different for each type of asset.

Forex and Currency Pairs: TRADING212 offers over 150 currency pairs for trading on tight Forex spreads. It is also possible to trade shares of companies such as Lloyds, Apple and Tesla Motors, among many others.

The leverage margin at TRADING212 is 30:1 for most major forex pairs.

Commodities and Indices: Among the commodities and indices that are traded are: gold, silver and oil. Both gains and losses are generated from the change that occurs between the opening and closing price of the transaction.

TRADING212 offers the marketing of more than 30 indices, most of them without commission with an approximate leverage between 20.1 and 10:1.

Crypto-currencies: TRADING212 operates with the main crypto-currencies such as Bitcoin. The user can choose mini lots and speculate with crypto currencies such as Bitcoin, Ethereum or Ripple with tight spreads and without a virtual wallet.

TRADING212 offers a leverage of about 2:1 for Bitcoin and other cryptosystems. The margins in this case are certainly competitive.

TRADING212’s platform allows you to acquire and trade crypto currencies such as Bitcoins or Ethereum safely with very good liquidity and quality.

Unique Programs

Share Fractions

Trading212 offers a fractional share purchase program that allows you to buy securities in monetary amounts rather than share amounts.

The benefits of this program are that they provide a wide diversification for relatively small investments. However, this carries a number of risks to consider when investing.

If you place an Order to buy a share (whose order is denominated in a certain monetary amount) and that monetary amount is not enough to buy one or more shares, you may have enough money to buy only a fraction of the share.

For the Order to take effect, Trading 212 will agree with you to purchase a percentage of the share specified in the Order.

How to Open an Account at TRADING212

According to most users, opening an account at TRADING212 is a fairly simple and safe process.

First it will be necessary to complete the user’s data in an online form and then send by e-mail a copy of the identity document and a proof of residence.

Once Trading212 reviews and accepts the documentation submitted, it will be possible to deposit money and start trading Forex, CFDs, Bitcoins, shares or any other enabled operation.

The minimum amount to open an account in Trading 212 is 100 EUR or 100 USD.

Requirements and verification

One of the requirements to be able to operate in TRADING212 is to have verified the identity by sending by e-mail the pertinent documentation: identity card, passport or driving license.

You will also be asked for a proof of address to verify the residence reported in the online form.

These requirements are essentially important when withdrawing funds from your account and make TRADING212 the most secure and reliable system for investing.

Demo Account

TRADING212’s demo account allows you to test this trader’s platform, services and trading conditions as if it were a real account but without putting your own money at risk.

The user can choose the initial balance with which he wants to start investing and, as the time of validity is unlimited, he will be able to restart the account at any time from the “settings” menu.

Some users’ opinions have noticed some difficulties in the proper functioning of the demo account, so that its use is not completely simple for all customers.

Available Countries

Trading 212 is a London-based financial technology company that is democratising the financial markets with free, intelligent and easy-to-use applications, allowing anyone to trade stocks, currencies and commodities, among others.

Currently, TRADING212 offers its services to residents of the following countries: United Kingdom, Switzerland, France, Germany, Netherlands or Italy.

How to Use TRADING212

The Trading212 platform has been developed by the same company and is available in an online version as well as a mobile and tablet app for both iOS and Android.

According to some users’ opinions, one of the disadvantages of Trading 212 is that it does not offer the MetaTrader platform, which can be a hindrance for those who are already familiar with this type of platform.

If the user is not used to other more common platforms, the all-in-one platform designed by Trading212 can be a good tool because it is intuitive and easy to master in a short time.

Desktop Platform

Trading212 has developed a platform in web format (also known as Webtrader), accessible from any web browser without the need to download or install anything on your computer.

The loading time is quite fast and has a customizable interface according to user preferences. It has a good charting system to analyze the market and locate investment opportunities.

It also has a good catalogue of technical analysis indicators, drawing tools, real-time data, among other tools.

Mobile Platform

The Trading212 Platform is perfectly optimized for the mobile user experience. It is very easy to navigate and offers a wide range of features, charts and analysis.

Particularly noteworthy is the ability to perform multiple trades and carry out several trades on the same trading pair at the same time.

TRADING212’s mobile platform can be used from any mobile phone with iOS and Android operating system. It also has a new service called tradebird, which is a kind of social network for investors.

Trading212 is one of those operators that emphasize its mobile application with more than 14 million downloads and an average score close to 4.5 out of 5.

Research and Visualization Tools

TRADING212 has several learning tools for its customers or potential customers. Among them we can highlight:

• Tutorial videos
• Articles about the Forex world
• Technical Analysis
• How to use the graphics
• Economic news
• Economic calendar

One of the tools offered by TRADING212 is access to detailed information about reports, account settings, learning materials, videos, news and market analysis and many other tools.

It is also possible to follow robotic trading strategies using ProQuant, although this option is only available for mobiles.

In addition, it offers a list of observations, the main winners and losers of the Stock Exchange and a personalized list of products can be created by the user.

Deposits, Withdrawals, Fees and Limits of TRADING212

Deposit Methods and Minimum Deposit

For deposits in Trading212 you have the options of card, bank transfer, Skrill and Safetypay. The fastest method to deposit funds is to pay by card.

The initial deposit on the 212 invest trading account is $19 and for the 212 CFD trading account it is $29.

Withdrawal Methods

The best way to make a withdrawal is to use the same card that was used to make the deposit because this way there are no extra charges. In case of making withdrawals by bank transfer the cost is 5 euros for each withdrawal.

Fees and Commissions

The 212 Invest trading account has no commissions to buy any of the 1,900 shares and ETFs available for cash. Similarly, it does not charge maintenance fees, nor does it have any leverage requirements.

The 212 CFD trading account is designed for trading over 1,800 CFDs in shares, indices, currencies and commodities. It has no commissions and low spreads.

Limits

Trading 212 allows you to withdraw money directly from your bank account although there are minimum withdrawal limits and it takes 2-3 business days for the money to be credited to your bank account.

Is TRADING212 Safe?

TRADING212 is a safe and reliable broker since client funds are in separate trader accounts and are insured under UK and Bulgarian clearing funds.

Trading 212 provides a series of negative balance protection tools that prevent the client’s account from becoming negative and incurring any debt with the company, thus preventing the possibility of losing more money than the deposit.

Regulation

TRADING212 is regulated by the UK FCA (Financial Conduct Authority) and by the ICF (Bulgarian regulatory body).

In the event that the operator cannot meet its obligations to users, the FCA will insure the funds up to 50,000 in the United Kingdom and up to 20,000 in Bulgaria.

Compensation Scheme

In compliance with European regulations on investor protection, client funds from Trading 212 are stored in separate bank accounts from those of the broker itself and cannot be used or seized in the hypothetical event of the company’s bankruptcy.

These funds are also covered by the UK’s Financial Services Compensation Scheme (FSCS) (limited to £50,000) and by Bulgaria’s ICF investor compensation fund (limited to £20,000 per client).

Customer Services

TRADING212 has a telephone service that, according to the opinions of some users, works relatively well, with support in Spanish.

TRADING 212 also has an online chat for queries on the operator’s website, a service that is fast and efficient, or via email to the following account: info@trading212.com.

In addition, they have a Youtube channel with more than 200,000 subscribers from which they can watch videos about current market events or tutorials on how to better invest their money.

TRADING212’s opinions

Next we will bring you the opinions of some users who are already trading with this broker. These opinions will also help you to decide if TRADING212 is the ideal online broker to invest your money.

One of the opinions belongs to Juan A. who said: “I’ve worked with 3 operators and so far TRADING212 has been the best, especially with the advice on Bitcoins. Refunds without problems. I am very satisfied”.

Another opinion is that of Albert P.: “Trading212 offers the best learning and trading experience with Bitcoin, very good platform”.

Also, among the opinions about this broker, Stephen Z. pointed out: “I tried TRADING212 recently and it’s good. I basically use it to buy and sell Bitcoin, and trade some stocks like Tesla. I didn’t like the application itself as much.

Finally, we mention another opinion about TRADING212, in this case Sophia A.. said: “It was my first experience with an online broker and really his tutorials were very useful”.

Alternatives and Competitors of TRADING212

If after reading all the features and opinions about TRADING212 you still need to know the opinions about other service options, it is also possible to choose among other brokers. Currently, there are several companies that offer the online broker service.

Here are some reviews from other brokers so you can rate and compare features and opinions:

Conclusion

TRADING212 is a good option for those who are just starting out in this activity, as it will be easy for them to start trading with their own platform that is fully adaptable to the user’s preferences.

In addition, it is ideal for those who want to manage absolutely everything from their cell phone since this broker’s application is specially optimized for cell phones.

We consider TRADING212 to be a secure broker and have the advantage of being regulated by more than one European regulatory agency and a fairly acceptable compensation and safeguard scheme. This gives transparency to your transactions.

While it has good leverage, it is lower than many other online brokers for more professional clients. More experienced traders may prefer the MetaTrader 4 platform.