Trading 212 Review
Trading 212 is the trading name of Avus Capital UK Ltd. and Avus Capital Ltd. It is a Forex and CFD broker domiciled in London, UK and is authorized and regulated in England and Wales by the Financial Conduct Authority, FCA. It is also regulated in Bulgaria by the Financial Supervision Commission, is compliant with the EU's Markets in Financial Instruments Directive (MiFID) and is registered with 11 authorities around the world.
Trading 212 was founded in 2004 and to date has over 200,000 users from more than 65 countries who trade currencies, commodities such as gold and oil, company stocks and indices. Trading an ETF index is also possible. This is an index (a basket of stocks) traded via exchange-traded funds which is significantly easier and more cost-efficient than trading individual stocks. The price of the exchange-traded funds varies proportionally to that of the indices.
There is one standard trading account at Trading 212. $150 is the minimum deposit required to open this account and a minimum lot is 5K. Trading 212 offers a maximum leverage of 1:200 and there are both fixed and variable spreads with the fixed spread being 1.9 pips. The EUR/USD has a typical and target variable spread of 0.9 pips one of the tightest ones in the market. The broker offers fast STP execution and little or no slippage.
Trading 212 offers demo accounts allowing users, largely male and mostly aged between 25 and 45 and with no previous trading experience, to practice with virtual money.
Trading 212 has a variety of educational material. Their blog is kept updated with discussions on interesting topics and there is plenty to read in the archives.
The world news is posted daily almost as it is happening and traders can go back to the news from the day before with a click on the arrow.
Trading 212 Market News
A brief technical analysis is posted for each asset traded and this is a very useful feature for traders on all levels of experience.
The Economic Calendar is kept totally up to date and the impact of the upcoming event is color highlighted. There is also a chart for economic indicators.
Trading 212 also offers basic and advanced lessons as well as trading tutorials in both textual and video formats and these are available for anyone viewing the Trading 212 site. Even non-registered traders can take advantage of these videos.
Trading 212 Forex Education Videos
Hedging and aggregating are some of the topics discussed as is the use of various different trading charts.
The concepts and terms section is a full alphabetical glossary and FAQ is neatly divided into six useful categories.
Funds can be deposited in a Trading 212 account via credit and debit cards, bank wires and several online payment programs including Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Skrill, Direct eBanking, CashU and UnionPay.
Withdrawals are done using the same methods. There are no fees when using a credit or debit card but some bank fees may be incurred when transferring money and Paypal fees are also charged.
The minimum deposit is EUR €100 and USD $150 and there is no maximum deposit.
One of Trading 212's best features is its customer support which is available around the clock in 16 different languages to date 24/5. Representatives can be reached by telephone to several different offices including Spain, Germany, The Netherlands, Romania, Poland France, Italy Russia and others. The customer care representatives are polite and efficient. Email correspondence is offered and Chat is available during working hours.
I was surprised to see that there were no bonuses or promotions offered by Trading 212 at the time of this review. They do, however, offer bonuses from time to time.
Trading 212 offers traders everything they need for a pleasant trading experience. However, the site does seem to be missing some features. There is very little information on the one standard account and the only platform available for trading is their own proprietary one and not one of the more popular platforms such as MetaTrader4. The educational material is abundant and first class.Back to Top
The features that stand out at Trading 212 are in the area of education. Trading 212 goes out of its way to offer as much information and instructional material as is possible and it surpasses what most other brokers provide. In addition, the excellent videos are available to anyone who opens the website and is not limited to account holders only. Not all brokers offer this option and it goes a long way towards assisting traders who are still uncertain of their trading abilities.
- Broker's Name : Trading 212
- Headquarter : United Kingdom
- Regulation : MiFID, FCA
- U.S. Clients Allowed :
- Minimum Deposit : $150
- Maximum Leverage : 1:200
- Commissions / Spreads : Fixed and Variable Spreads
- Account 1 : Standard
- Demo Account :
- Islamic Account :
- Segregated Account :
- Managed Accounts :
- Institutional Accounts :
- Deposit Options :
- Withdrawal Options :
- ETFs :
- CFDs :
- Commodities :
- Metals :
- Stocks :
- Oil :
- Gold :
- Binary Options :
- Indices :
- Type of Platform : Proprietary platform
- Platform Languages :
- Multiple Languages
- OS Compatibility :
- Trading Signals :
- Charting Package :
- Market Analysis :
- Chart Trading :
- Automated Trading :
- Scalping :
- Hedging :
- Mobile Alerts :
- E-mail Alerts :
- Trailing Stops :
- Guaranteed Stop Loss :
- Guaranteed Limit Orders :
- Guaranteed Execution :
- One-click Execution :
- OCO Orders :
- Interest on Margin :
- Web-based Trading :
- Mobile Trading :
- Website Languages :
- Multiple Languages
- Support Hours : 24/5
- E-mail Support :
- SMS Support :
- Chat :
Pros and Cons
- High Level Educational Material
- World-wide Customer Support
- Demo Account
- Proprietary Platform Only
Unlike other brokers, Trading 212 has chosen to offer a single, proprietary trading platform that offers pretty much everything that a trader needs: a user-friendly, flexible browser-based platform that can be accessed from any computer with an internet connection; smooth charting, technical analysis tools, built-in economic calendar and real-time news feed, etc.
Trading 212 incorporates the latest web and mobile technologies to ensure fast and accurate order execution across the desktop and mobile iOS and Android versions of the platform. The platform is built entirely in house, is regularly updated to provide optimal trading conditions and to accommodate client feedback.
Trading 212 Tablet Trading Platform
All these features are translated into the iPhone and Android versions of the platform, some of the top-tier trading apps out there because of their emphasis on intuitive design and a user-friendly trading process.
Trading 212 Mobile Trading Platform
In fact, in a recent study of mobile use for Forex trading, it was found that mobile trading makes up about 60 percent of the transactions at Trading 212, up from 10 percent four years ago and that the app has been downloaded over a million times. More than a fifth of the Trading 212 clients trade only on smartphones or tablets.Back to Top
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