Trading 212 Review
The purpose of this Trading 212 review is to inform every interested trader regarding the advantages of this trading platform. The Trading 212 platform is sturdy and easy to use. It has been ranked as the UK’s number one trading and investing application. The Trading 212 is a trademark of Avus Capital Ltd., Avus Capital CY Ltd., and Avus Capital UK Ltd., which are regulated by FSC, CySEC, and FCA respectively. The primary function of the platform is to provide innovative technological opportunities and impeccable 24/5 customer service to traders who may have different levels of expertise.
Traders can benefit from a wide range of educational materials, instant order execution, ultra-narrow spreads, mobile trading, and real-time charts. Using Trader 212, traders can choose to invest in stocks and ETFs or trade with leverage in the form of CFDs. The most significant feature of the Trading 212 app is that traders can start to trade for free, without any commissions and fees. This has unlocked the stock market for millions of people and is expected to disrupt the brokerage industry in the foreseeable future.
Traders can either open an account with Trading 212 or practice for free using a demo account. The live account can be opened with a Trading 212 for a minimum deposit of $29. There are no charges for currency conversion, leaving an open position, depositing or withdrawing funds, or commissions. The opening and closing of positions are carried out without delay. The list of tools for trading includes currency pairs, commodities, precious metals, cryptocurrencies, futures, stocks, and CFDs. All types of assets are available for trading regardless of the initial deposit and an account type selected.
Trading 212 fees are as much as 3.5% of the amount to be paid for topping up an account. Trading 212 fees for withdrawing funds are not charged. For the sake of safety and in accordance with adopted rules, the funds of every customer is stored separately in separate bank accounts and supported by the Financial Services Compensation Scheme (Avus Capital UK Ltd.) or Investors Compensation Fund (Avus Capital Ltd.).
Trading 212 also provides learning and support to traders. In order to prepare traders for the real world before taking the trading leap, the platform offers many video tutorials on market analysis and trading strategies. Beginners can appreciate this intuitive trading platform since Trading 212 teaches different trading modes, concepts, and terminology. Budding traders can also learn more about economic indicators and how to use charts for technical analysis. A built-in economic calendar and real-time news are also provided. This Trading 212 review does not portend to give every detail about training and educational opportunities for traders.
Trading 212 uses superior cutting edge technology in its platforms and to keep data and funds secure and protected. The Trading 212 app has been rated as number one by more than 40,000 customers and has had 14 million downloads. Traders can keep track of their portfolios, open and maintain positions, receive alerts, and make transfers, all through the application. With all that, the Trading 212 deposit is minimum and Trading 212 fees are reasonable.
Three types of downloadable options are available for traders are:
- Version for computer devices (software);
- Web platform (available for any browser);
- Mobile version for devices running on both iOS and Android.
Trading 212 also offers a special social network available to every subscribed customers for networking and exchanging trading experience.