Trading 212 review uk is a UK-based CFD and Share broker. It’s regulated by the FCA and is considered safe for UK users. It doesn’t charge fees when you trade and also offers negative balance protection.
It offers a number of accounts including CFD and ISA trading. UK users can choose between a zero fee flexible Stocks and Shares ISA, a Money ISA and a Cash ISA. Its trading platform offers a free trial and the opportunity to practice with a virtual portfolio of PS50,000.
Best Forex Trading Brokers in the UK for 2024
Opening an account is quick and simple. You need to verify your identity and financial details online. After this, you’ll receive a confirmation email and a password. You can then deposit and withdraw funds. The company accepts 12 European currencies and so foreign transactions are generally cheaper than on some other brokers.
The company makes its money by charging a spread on CFDs. This is the difference between the high or ‘offer’ price for an investor to buy and the low or ‘bid’ price for them to sell. It also earns revenue by lending investors’ shares and paying them interest.
Trading 212’s website is well-designed and easy to use. It allows users to track upcoming economic events, has more than 50 charting tools on mobile (more than any other broker) and provides key data like company financial statements. It also has a wide range of research and news. However, there are some limitations to the service including a lack of basic tools such as trading suggestions and a newsfeed.