It is crucial to read the broker review before trading with the broker. You can find the Trading 212 review in detail below. Founded in 2004, Trading 212 is most famous for its trading application, but it also provides a simple platform suite for CFD & share trading, and also a wide range of FX pairings. The broker isn’t publicly listed, and it doesn’t run a bank. One top-tier authority (FCA), one tier-2 authority, & no tier-3 authorities have approved Trading 212.
Trading 212 Review – Investment Options
CFDs across almost 30 commodities, 36 indices, as well as 184 currency pairs are available at Trading 212, and also accessibility to exchange-traded assets like fractional shares.
Trading cryptocurrencies is no longer available.
- 1785 Tradeable Symbols in total
- 184 Forex Pairs in total
- Forex Trading
- CFD Trading
- US Stock Trading (Non-CFD)
- Int’l Stock Trading (Non-CFD)
Trading 212 Review – Pricing
The broker provides two types of accounts: Investing for stock trading & CFD for CFD trading. The first account type demands an investment of 1 EUR at least, whereas the second account type demands an investment of 10 euros. The second account is the subject of this analysis.
The broker promotes no-commission trading, however, while trading CFDs & FX, traders will still have to pay a spread. The broker doesn’t offer a general spread for currency pairings like the EUR/USD, which would assist in understanding its prices.
Trading on Mobile
The app has more than 10M downloads on the Play store. For newbies, the application includes instructive video material, but seasoned traders may be disappointed by the absence of sophisticated capabilities – particularly in comparison to the finest mobile trading applications.
Summary of the Apps: The broker has an app for both operating systems (İOS & Android) that is exceptionally simple to use. Stocks, FX, indices, and freshly added symbols are all easily sorted using the usual watchlist screeners.
The absence of strong research features in the app is the main flaw that’s detected. It does, however, contain a comprehensive economic calendar that emphasizes future events for every specific symbol.
Trading 212 has its proprietary Chrome plugin, that allows users to access the platform directly from their browser. It’s also important to mention that its watch lists are completely customizable & synchronize with the online platform instantly.
Charts: Their app’s chart feature has more than 40 indicators as well as 19 drawing elements that have been neatly incorporated. The app is nearly equal to the online version in terms of capability.
Trading instruments: GTD order (Good-till-date) expiration dates are presently unavailable; alternatively, GTC orders (good-till-cancel) expirations are used. These types of little features demonstrate how much potential its application has for improvement in terms of personalization choices.
When glancing at the symbol features of a specific instrument, like the EUR-USD, a feature that shines out in the app is the option to observe future events. Its possible effects, estimated forecasts, and precise timing are all displayed. One thing to point out is that traders should be able to subscribe to & get notifications for any particular occurrence, like the CMC Markets trading site.
- Android App
- iOS App
- Charting – Multiple Time Frames
- Charting – Drawings Autosave
- Forex Calendar
- Alerts – Basic Fields
- Watch List
- Watch List Syncing
- 45 Charting – Indicators
- Charting – Draw Trendlines
Platforms summary: As an aspect of the multi-asset offer, the broker provides a trading platform that is based on web. Users will get access to the accounts – CFD & Invest – as well as their associated markets, just as on its other exchanges. The majority of the platform’s functions are simple to operate, and it has a sleek, minimalistic design with strong charting and embedded news content.
Its online platform, like its application, offers excellent chart features. There are five distinct styles to pick from, and users will have accessibility to more than 40 indicators as well as 19 sketching tools. Traders may design and store their personal chart designs, which is really useful when implementing adjustments to several charts. One notable – if minor – disadvantage is that users may open many charts and flip between them, however, the chart can’t be separated from the platform.
Trading instruments: The web platform lacks the application’s essential capability for discovering future events just by looking at a certain instrument’s symbol. To access certain events, users must use the old-fashioned method of physically opening the economic calendar.
- Virtual Trading (Demo)
- Proprietary Platform
- 45 Charting – Indicators in total
- 19 Charting – Drawing Tools in total
- Web Platform
- Charting – Trade From Chart
- Watchlists – Total Fields 5
- Order Type – Market
Research & Analysis
The broker’s research offer isn’t extremely good; it just goes a little above what is considered the minimum standard. Traders have access to news updates & commentary, as well as a hotlist of common trading symbols and also an economic calendar that is actually relevant.
Research: Its web platform includes daily analysis of the market for a variety of products. Nevertheless, there is a scarcity of study information, and what is provided looks to be outdated.
News updates: Headlines and almost twelve technical analysis snippets, along with pricing references for key CFD markets, are available on its web platform.
Trading 212 Review – Educational Content
The broker offers a wide range of instructive videos on its YouTube page, with more than 170 to choose from. But, comprehensive documents & sophisticated materials are confined to the support center, and also no recorded webinars are available.
The broker’s learning center comprises primarily of videos, several of which are incorporated in the company’s online and mobile platforms. The broker doesn’t provide instructional content, aside from certain posts & FAQs in its support area.
The broker would benefit from instructional tools like articles sorted by skill level and assessments for analyzing and monitoring users’ progress.
Trading 212 Review – The Verdict
Trading 212 is brilliant when it comes to organizing its interface to keep it as simple as possible for newbies to use.
Yet, its research capabilities on its website, web, as well as app are lacking in detail. When contrasted with the top FX & CFD brokers, highly skilled traders might be left wanting more from the broker.