- Min Deposit $100 or equivalent
- 2,000+ Tradable Assets
- Max Leverage: 30:1 , 300:1 professional clients
- Official Partner Atlético de Madrid
Trading 212 is a fintech company offering straightforward apps that enable trading in equities, currencies, commodities etc. It was founded in 2004 by Ivan Ashminov and Borislav Nedialkov, it’s based in London and it employs 200 staff. Trading 212’s mobile app has been downloaded 14m times, making it the UK’s top trading app since 2016.
There are no fees per CFD trade on Trading 212. Trading instruments don’t carry a commission and you will only pay a 0.5% currency conversion charge. Trading 212 will credit or debit your account with an interest SWAP on a daily basis for your open positions.
You can see some examples of such SWAPS for popular instruments in the table below, which is accurate at the point of publishing:
|Instrument||Margin – Retail Clients||Margin – Pro Clients||Long Position SWAP||Short Position SWAP|
|Account Fee||Deposit Fee||Withdrawal Fee||Inactivity Fee|
Trading 212 supports the following currencies: GBP, USD, EUR, CHF, SEK, NOK, PLN, RON, CZK. However, when you open an account with them and depending on where you’re based, you’ll be given a choice of 2-3 base currencies which include USD and your local currency, if available. For example, customers trading from the UK can only choose between GBP, USD and EUR.
Another important thing to note is that, once you choose your account base currency, you cannot switch to a different one. If you absolutely want to, you’ll need to close your account and open a new one.
Trading 212 doesn’t charge currency exchange fees for INVEST and ISA accounts but there’s a 0.5% currency conversion charge for CFD.
You can easily open a Trading 212 account online, using your email address. The next step is account verification which requires a copy of an ID document (passport for non-EEA citizens, passport or ID card or driving license for EEA citizens) and a valid proof of residence, e.g. a bank account statement. Non-EEA citizens will also be required to provide a selfie.
Then you get to choose between two account options: INVEST, which allows you to purchase equities and ETFs but not crypto, forex or commodities, and CFD, where you’re speculating on whether the price of an instrument will increase or decrease. CFDs are a leveraged product so you borrow money on “margin” from Trading 212 allowing you to have a bigger position than you otherwise would. UK residents have access to a third account option, which is a stocks-and-shares ISA. ISA accounts are not subject to capital gains tax or dividend tax and you can deposit up to £20k per UK tax year.
The Trading 212 platform is multilingual with 11 languages: English, Deutsch, Nederlands, Français, Italiano, Español, Polski, Русский, Română, العربية, 中文back to menu ↑
Trading 212 offers an excellent trading app, that’s easy to download on both iOS and Android. The navigation is straightforward, data visualisations are very useful and clearly built with traders’ needs in mind. You can even trade directly from visualisations.back to menu ↑
Trading 212 offers 24/7 customer service via email and an in-app live chat.back to menu ↑
|Financial Conduct Authority (FCA)||609146||Trading 212 UK Ltd|
|Bulgarian Financial Supervision Commission (FSC)||RG-03-0237||Trading 212 Ltd|