Independent rating of Forex broker Trading 212

About company

Trading 212 is a London-based fintech company. It provides its clients with access to trading stocks, currencies, goods, indices etc. The broker is developing free and innovative applications to make trading even more convenient and accessible. Today, it is one of the most popular trading applications in the world. The company’s services are available for millions of people due to zero commissions. Trading 212 is a trade brand of Trading 212 UK Ltd. and Trading 212 Ltd. The company’s activity is regulated by the Financial Conduct Authority (FCA). Its services are also approved by Bulgaria’s Financial Supervision Commission (FSC) and the Cyprus Securities and Exchange Commission (CySEC). All clients’ funds are kept in the segregated accounts.

Trading conditions

Trading 212 offers its clients such trading instruments as currencies, commodities, stocks, indices, and cryptocurrencies. Traders need to deposit at least $150 to start trading. The company’s clients have two options of gaining profit: an investment trading program (deposits in stocks and CFDs with zero commissions) and active trading (favorable leverage and zero commissions). Newbies may polish their skills using a demo account. Once a client registers a live account, he/she is redirected to the Client area. There, it is necessary to go through the verification process. The broker does not provide traders with bonuses and campaigns. However, there is a large section of training materials on the official website. Traders may also make use of the economic calendar, daily analytical reviews, and the company’s blog devoted to news about technologies.

Trading platform

As it was mentioned above, Trading 212 offers its own trading application that became one of the most popular in the world.

Support service

The company’s clients can receive support via a feedback form in the special section of the website. They can also use the email address. Trading 212 actively performs on YouTube and such social networks as Twitter, Instagram, and Facebook.

Deposit and withdrawal of funds

Traders may top up their accounts and withdraw money by means of wire transfer, credit and debit cards as well as such payment systems as PayPal and Skrill.

Traders’ reviews

The broker boasts a good reputation on the Net. Traders are satisfied with the trading conditions, fast and affordable withdrawal of profits. The main advantages of the company are its experience, reliability, brokerage license. There are also negative comments about the operation of the trading terminal. Traders describe it as inconvenient, non-functional. Moreover, they complain about poor-quality execution of orders. The fact is that traders have to close orders manually, but still with delays.

Advantages:

• regulated broker
• wide range of trading instruments
• up-to-date trading platform that is appreciated by traders all over the world
• good reputation

Disadvantages:

• limited functionality of the trading platform: it does not allow traders to download additional tools
• company charges commission of 0.5% for currency conversion
• initial deposit of $150