Extrait: Trading212 is a UK-based forex broker that offers various financial instruments for trading, including Forex currencies, indices, commodities, stocks, and cryptocurrencies. The company is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CYSEC), providing clients with an added layer of security and reassurance. Traders can start with as little as $1/R16 and enjoy a leveraged trading experience of up to 1:300. The minimum spreads start from 1.2 pips on EUR/USD, ensuring competitive pricing for traders. Trading212 operates through a proprietary trading platform and a web-based version, both of which offer advanced trading tools and features to clients. The platform also provides a demo account for traders to practice their strategies before investing real funds. In terms of payment methods, Trading212 offers various options, including credit cards, debit cards, Skrill, Dotpay, Giropay, Carte Bleue, Direct eBanking, and Bank Wire Tr
Registered Country/Region | United Kingdom |
Regulation | FCA, CYSEC |
Minimum Deposit | $1/R16 |
Maximum Leverage | 1:300 |
Minimum Spreads | From 1.2 pips on EUR/USD |
Trading Platform | Proprietary platform and a Web-based Version |
Demo Account | Available |
Trading Assets | Forex Currencies, Indices, Commodities, Stocks, Cryptocurrencies |
Payment Methods | Crredit Cards, Debit Cards, Skrill, Dotpay, Giropay, Carte Bleue, Direct eBanking, Bank Wire Transfer |
Customer Support | 7/24 Customer Support |
Trading212 is a UK-based forex broker that offers various financial instruments for trading, including Forex currencies, indices, commodities, stocks, and cryptocurrencies. The company is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CYSEC), providing clients with an added layer of security and reassurance.
Traders can start with as little as $1/R16 and enjoy a leveraged trading experience of up to 1:300. The minimum spreads start from 1.2 pips on EUR/USD, ensuring competitive pricing for traders. Trading212 operates through a proprietary trading platform and a web-based version, both of which offer advanced trading tools and features to clients. The platform also provides a demo account for traders to practice their strategies before investing real funds. In terms of payment methods, Trading212 offers various options, including credit cards, debit cards, Skrill, Dotpay, Giropay, Carte Bleue, Direct eBanking, and Bank Wire Transfer.
These multiple payment options provide traders with flexibility and convenience in managing their trading accounts. Finally, Trading212 offers 7/24 customer support through various channels, ensuring that clients can seek help and receive timely assistance whenever needed. Overall, Trading212 is a reputable and regulated trading platform that provides clients with a diverse range of financial instruments and advanced trading tools.
Trading212 holds a comprehensive range of licenses, highlighting their commitment to regulatory compliance and customer protection. In the United Kingdom, Trading212 possesses a full license granted by the Financial Conduct Authority (FCA) under the license number 609146, showcasing their adherence to stringent standards and regulations. Furthermore, they have obtained a forex license from the Cyprus Securities and Exchange Commission(CYSEC) under the license number 398/21, further solidifying their global presence and dedication to providing top-notch services to their clients.
Trading212, an online trading platform, has both advantages and disadvantages. On the positive side, the company is regulated by reputable financial authorities such as the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CYSEC), ensuring a certain level of trust and security for users. Additionally, Trading212 offers demo accounts, allowing users to practice trading without risking real money. They also provide 24/7 customer support, ensuring assistance is readily available.
However, there are some limitations to consider. Trading212 has a limited product portfolio, which may restrict the variety of investment options available to users. Moreover, the platform does not allow scalping (a trading strategy) and does not permit the use of Expert Advisors (EA), which might disappoint users who prefer these techniques. Additionally, Trading212 charges an inactivity fee, meaning users may incur charges if their account remains inactive for an extended period. Lastly, while they provide a zero-commission trading environment, their research selection is somewhat limited.
Pros | Cons |
FCA & CYSEC regulated | Limited product portfolios |
Demo accounts available | Scalping & EA not allowed |
Minimum deposit from $1 | Inactivity fee charged |
Zero-commission trading environment | Limited research selection |
Ideal for beginners | |
7/24 customer support |
Tradable financial instruments that can be traded online with Trading212 includes currency pairs, commodities, stocks, and indices.
Stocks: Trading212 offers the opportunity to trade a wide range of stocks, allowing users to engage in both long and short positions. This includes popular and well-known stocks like Tesla, Game Stop, and AMC, providing ample options for users to invest in.
Indices: Users can also trade on various global indices through Trading212. This includes renowned indices such as the S&P 500, Dow Jones, and FTSE 100, enabling users to participate in the performance of major stock market indexes.
Commodities: Trading212 provides access to commodities trading, allowing users to invest in precious metals, oils, and niche agricultural products. This diverse range of commodities includes assets like gold, silver, oil, as well as unique options such as lumber and cattle.
Forex: With over 180 currency pairs available for trading, users can engage in the forex market through Trading212. The platform offers 24/5 trading hours, enabling users to participate in currency trading around the clock, providing ample opportunities for forex traders to take advantage of global market movements.
Trading212 offers investors three different investment options on its platform, including the Trading212 INVEST account, Trading212 ISA account, and Trading212 CFD account. However, it is important to note that each account type has its own unique features and benefits that cater to different trading styles and preferences. It is recommended that investors thoroughly research and understand the details of each account type before deciding which one to choose.
Opening an account with Trading212 is a straightforward process that can be completed in a few simple steps:
1.Visit the Trading212 website and click on the “Open account” button.
Trading212 offers traders, especially beginner traders, access to demo accounts. These accounts can be utilized in various ways. It is seen as a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
A demo account is also beneficial to traders who wish to test their trading strategies in a mimicked live trading environment without risking their capitals.
One of the most attractive features of these accounts is that they all require a minimum initial deposit of $1, making it accessible for most regular traders to get started.
Trading 212 offers varying maximum leverage ratios for different trading instruments. For retail traders, the maximum leverage is set at 1:30. The leverage ratios provided by Trading 212 are as follows:
1. Major Currency Pairs: Retail traders can access a maximum leverage of 1:30 when trading major currency pairs. This leverage allows traders to control larger positions with a smaller amount of capital.
2. Minor Currency Pairs: When trading minor currency pairs, Trading 212 provides a maximum leverage of 1:20. This slightly lower leverage ratio still offers traders the potential to amplify their trading positions.
3. Gold: Retail traders have access to a maximum leverage of 1:20 when trading gold. This leverage ratio allows traders to speculate on the price movements of gold with increased exposure.
4. Other Commodities: For trading other commodities, Trading 212 grants a maximum leverage of 1:10. This leverage ratio applies to commodities other than gold and provides traders with the opportunity to participate in the commodity markets.
5. Equity CFDs: When trading equity CFDs (Contracts for Difference), retail traders can utilize a maximum leverage of 1:5. This lower leverage ratio for equity CFDs reflects the potentially higher risks associated with trading individual stocks.
6. Index CFDs: Major index CFDs are available with a maximum leverage of 1:20, providing traders with exposure to broader market indices. Minor index CFDs can be traded with a maximum leverage of 1:10.
These leverage ratios offered by Trading 212 are subject to change and may vary based on regulatory requirements and market conditions. It is important for traders to carefully consider the risks involved and manage their positions accordingly when utilizing leverage in their trading activities.
Trading 212's spreads start from 1.2 pips on EUR/USD. This broker does not charge any commissions for trade executions but collects a brokerage fee from he spreads.
Trading212 offers investors not the most popular MT4/MT5 trading platforms but a mobile application that can be downloaded from the App Store or Google Play.
Trading212 supports traders to deposit and withdraw funds to their investment accounts via various payment methods such as VISA/MasterCard/Maestro credit/debit cards, PayPal, Skrill, wire transfers.
Trading 212 has a good variety of educational videos, with over 170 available on its YouTube channel. Detailed articles and advanced materials are limited to the help center, however, and there are no archived webinars.
Education at Trading 212 consists mostly of videos, many of which are embedded in its web and mobile platform. Besides some posts in its community forum and FAQs in its help section, Trading 212 does not offer educational articles.
Customer Support
To seek assistance or support, traders on Trading212 can choose from various channels, including phone, email, or filling out the web form available on the platform's website. Additionally, there is a live chat feature available for traders to connect with customer support representatives. While the hours of support were not explicitly mentioned, it can be assumed that regular business hours are in place. Regardless, the availability of multiple channels for customer support ensures that traders can seek help and receive timely assistance whenever needed.
Conclusion
Overall, Trading212 can be an ideal choice for beginners due to its regulated status, demo accounts, and accessible customer support. However, users should be aware of the platform's limitations, including the limited product range, restrictions on certain trading strategies, inactivity fees, and a somewhat restricted research selection.
Q: What deposit methods are available on Trading212?
A: Trading212 offers several deposit methods, including bank transfers, cards, Google Pay, Apple Pay, and other options.
Q: What is the fee for card deposits on Trading212?
A: Card deposits are free for cumulative amounts up to €2000/$2000. For cumulative amounts above that, a 0.7% fee is charged.
Q: Are withdrawals free on Trading212?
A: Yes, withdrawals are free of charge on Trading212.
Q: What is the processing time for deposits and withdrawals on Trading212?
A: Payment processing times on Trading212 may vary based on the payment method chosen and the individual's location.
Q: Is Trading212 regulated?
A: Yes, Trading212 is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CYSEC).
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IC Markets Global
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VT Markets
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FxPro
IC Markets Global
EC Markets
OANDA
VT Markets
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