Trading 212 Review: To Trade or Invest?

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Trading 212 say they are a fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade Stocks, ETFs, Forex, Commodities, and CFDs.

Customer Reviews

3.0

2 Good Money Guide reviewers have given this provider an average rating of 3.0 out of 5 based on their genuine experience.

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Leave a review and tell us what you think to help others make more informed financial decisions.

An easy to use platform with no fees for ETF trading and good interest rates on uninvested money

16th September 2024

I’ve been using Trading 212 for a year now.

They offer 5.2% interest on un-invested cash for sterling.

They are FSCS registered which means they are subject to inspection, are held to good practices and loss of cash will be compensated up to £85,000

The investor owns their ETFs so if Trading 212 goes under the ETFS will not be lost.

Trading 212 do not charge fees for trading ETFs.

They have exceptionally low Fx rates. The lowest I have seen.

Their graphical interface could do with some improvement, but it is as good or better than their close competitors.

Help is from the forum, which has active staff support, or by email. The latter often gives same day responses and the quality of the support is high.

I have used three platforms of this type and Trading 212 is the best by some margin.

Kevin Sheffield
Verified

Communicating with Trading 212

31st July 2024

Communicating with Trading 212 is a nightmare, NO phone communication is available its only email and live chat. I haven’t used a live chat in this form. When you send a message it may take an hour or half a day or maybe in the afternoon you may get a respond. And if you reply to that message no one knows when will you get a response. Come on we are in 21st century. So this is something very serious and before you join to Trading 212 please consider this matter. If this continued I will be leaving as well.

ENRICO
Verified

Trading 212 Expert Review

Trading 212 Review

Name: Trading 212

Description: Trading212 is an online trading platform offering commission-free stock, ETF, and CFD trading, fractional shares, practice accounts, educational resources, and market analysis tools, regulated by the FCA.

Is Trading 212 a good investing app?

Trading 212’s pedgeree comes from trading CFDs, however recently they have branched out into more longer-term investment products. Trading 212 generally gets quite good feedback in our awards survey, plus they are known for running very good promotions as an incentive to get people to open new accounts. These are ofter free share give aways, refer a friend offers or high interest rates on uninvested cash on account.

Pros

  • Fractional shares
  • Zero commission trading
  • Free shares when you start investing

Cons

  • CFD trading mixed with investing
  • Relatively new company
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (3.5)
Overall
3.9

Why Is Trading212 bad

Why do some people think Trading 212 is bad?

Trading 212 can be bad because it offers high-risk leverage products like CFDs alongside an app that is aimed at new and inexperienced investors. That is the answer to the question you may have asked if you’ve stumbled onto this page because you are looking for reasons not to trade with Trading 212. But Trading

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ISA Offers

Is your cash money safe in a Trading 212 ISA?

A reader recently wrote in to Good Money Guide concerned about the safety of their savings in a Trading 212 cash ISA, so Laura Miller investigates. The problem: I am not a risk taking investor – I just research where my old age funds are best invested at no risk. Obviously the T212 no risk

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