Trading 212 Review
Trading 212 is a well-established broker since 2006. Trading 212 has headquarters in Cyprus, United Kingdom, Bulgaria, European area and France. Trading 212 to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by CySEC 398/21, FCA (UK) 609146, FSC (Bulgaria) RG-03-0237 and ESMA.
⌛ Year Established
📁 Segregated accounts
Apart from the forex demo account, this broker offers Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Trading 212 is up to 1:30. Meanwhile, you can open an account with a starting capital of $10.
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10
💡 Min Position 0.01 lot
🔢 Spread Fixed
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
One-Cancels-Other (OCO) orders
Besides lots of currency pair, Trading 212 also offers some instruments you would like to trade on, such as Forex, Stocks and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, Trading 212 specifically provides it with the following instruments and leverage:
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
Trading 212 also provides payment with Apple Pay, Google Pay and Credit/debit cards
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Trading 212 offers you Trading 212.
Do you have any question or find any trouble related to Trading 212? If you do, you should reach Trading 212's support to get the information that you need. Here is the detail of the broker's customer support:
FAQ About Trading 212
Is Trading 212 a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Trading 212 is a good broker for you or not by reviewing the criteria. In general, Trading 212 provides trading service in Forex , Stocks and Indexes . As for the payment methods, you can choose between Apple Pay, Credit/debit cards, Google Pay, Neteller, PayPal, Skrill and Wire transfer. The customer support is available via Web form.
What is the minimum deposit for Trading 212?
The starting capital in Trading 212 is $10.
Is Trading 212 regulated?
Trading 212 is regulated by CySEC 398/21, FCA (UK) 609146, FSC (Bulgaria) RG-03-0237 and ESMA. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Trading 212 legit?
Trading 212 is a brokerage company offering trading services for clients since 2006 with offices in Cyprus, United Kingdom, Bulgaria, European area and France.