Trading 212 is a CFD broker that offers to trade CFDs on forex pairs, stocks, indices and commodities. The company is licensed in Europe by the UK’s regulatory authority, the FCA, and by the Bulgarian regulatory authority, the FSC, which allows the broker to legally offer its services in Europe (FCA regulation is no longer relevant for EU residents after Brexit). The minimum deposit at Trading 212 is set at $29. To learn more about CFDs, click here.
Trading 212 Review – Broker overview
Minimum deposit | 29 USD |
Platform | their own |
Regulated broker | Yes |
Regulations | FCA, FSC |
Demo account | Yes |
Platform for trading
Trading 212 offers its clients a trading platform from its own workshop. This platform can either be downloaded to a smart device, or it can be used from a computer via a traditional web browser. In case you would like to try it out, this can be done with the free demo account that the broker offers. According to the company’s website, up to over 1,800 trading assets can be found on the platform. The platform also allows hedging positions.
Trading 212 fees (spreads)
Like any other CFD broker, Trading 212 charges a spread fee. For the current value of this fee, please visit Trading 212’s website. We have prepared a small comparison table where you will find the Trading 212 spread fee on popular currency pairs compared to 2 other popular CFD brokers.
EUR/USD | EUR/USD | USD/JPY | GBP/USD | AUD/USD |
Plus500* | 0.6 | 0.7 | 1.1 | 0.6 |
XTB* | 0.8 | 1.4 | 2.0 | 1.7 |
Trading 212** | 0.9 | 1.5 | 1.5 | 2.5 |
** the spread value was gathered from the broker’s trading platform 14/10/2019
Review – Summary
The broker offers its own platform on which you can find over 1,800 trading assets. The broker also allows you to maintain an account in multiple currencies. The spreads that Trading 212 charges are quite decent, see the table above.
Advantages
- Strict regulation
- Wide range of assets
- Solid spreads
- Low minimum deposit
Disadvantages
- No MetaTrader 5