Is Trading212 Safe?
In short, yes. Trading 212 is an online brokerage aiming to make the world of trading securities and forex more accessible. Our review of the Trading212 service includes information on the platform, trading fees, the demo account (and pro account), minimum deposit and payment methods. We also review the mobile app and offer tips on how to get the best from this broker.
Based in London, the company boasts an easy to use mobile app, with a range of features and functionality making it easy for anyone to start trading across a wide variety of asset classes.
Trading212 Trading Platform
The trading platform Trading 212 runs on is an extremely strong element of this brokerage service.
Optimised for the mobile user’s experience, the platform is very simple to navigate around, yet offers a powerful range of features, charts and analysis without feeling clunky or overburdened. One excellent feature is the ability to place trades in multiple ways and perform several operations on the same trading pair simultaneously.
Some investors may prefer more complex or feature rich platforms, often found on MT4 – but equally, many will appreciate the custom-built, bespoke feel of the Trading 212 app. The demo account allows traders to experiment with platforms and find the one that suits them best.
Trading212 Fees
Fee Structure
Trading212’s fees are split in 2, depending on whether you’ll be investing through CFDs or through actual assets. Trading212’s platform will always indicate which you’re investing but, but you should be aware you’ll be charged differently. Here’s how.
| Invest (Actual Assets) | CFDs | |
| Minimum Deposit Amount | 1 EUR, 1 USD | 10 EUR, 10 USD |
| Deposit Fee by Bank Transfer | No fees | No fees |
| Deposit Fee by Credit/Debit Cards, Google Pay, Apply Pay, iDeal, SoFort, DotPay or GiroPay | No fees until you deposit EUR 2000 in total. A fee of 0.7% will apply thereafter. | No fees |
| Withdrawal Fee | No fees | No fees |
| Overnight Open Position Fee | No fees | Varies from company to company and is based on an interest SWAP for both long and short positions |
| Currency Conversion Fee | 0.15% | 0.5% |
| Commission Charges | 0% | 0% |
Comparing Trading212 Fees vs eToro Fees
| Trading212 Invest | eToro Assets | |
| Deposit Fee | No fees until you deposit EUR 2000 in total. A fee of 0.7% will apply thereafter. | No fees |
| Withdrawal Fee | No fees | $5 |
| Spread Fee | Variable spread fee which varies by asset but roughly averages at 0.2% | Variable spread fee which varies by asset but roughly averages at 0.15% |
| Overnight Open Position Fee | No fees | No fees |
| Commission Charges | 0% | 0% |
| Currency Conversion Fee | 0.15% | 50 Pips for non USD deposits such as EUR. USD deposits have no currency conversion fee |
| Inactivity Fee | No fees | $10/month after not logging in for 1 Year |
Trading212 Review Details
