Trading 212 Review

Trading 212 Review

Being a fairly new addition to the options market, Trading 212 quickly established itself as a go-to broker for many traders around the world. The main reason for that is their innovative and completely modular trading interface, available on virtually any popular device. More than 200 thousand clients are trading actively from more than 65 countries worldwide, which makes Trading 212 a true world-class broker. Apart from the great trading interface, there are many more interesting features you should take into consideration, and we’ll be analyzing all of them in this Trading 212 review article. We’ll analyze all the vital features, ranging from banking methods and platform features all the way to education opportunities and trading tools. If you want to learn a bit more about how this broker rose to prominence, stay with us and learn all the important facts!

Trading 212 Review | Deposit

We decided to start our detailed analysis off by taking a closer look at the available banking methods. That being said, the first part of Trading 212 Review will be dealing with deposit procedure and important things you need to know about it. Depositing funds to your trading account consists of four easy steps. First, you have to log into your account by entering e-mail address used to open an account, as well as the account’s master password. Upon submitting these credentials, you’re taken to the page where you can choose which deposit method you’ll be using. You can choose among many available methods – major credit cards such as Visa, MasterCard or Maestro, Skrill, PayPal or wire transfer. Whichever method you prefer, minimum deposit is the same, set at 100$ which is fairly below the industry’s average amounts. Maximum deposit amount, on the other hand, is unlimited, except for credit card transfers where it reaches 10 000$. However, credit card and Skrill deposits are processed in under ten minutes, while PayPal and wire transfers can take up to 1 or 2 business days, respectively. Bear in mind that each deposit method, except for wire transfer, has an additional processing fee. This fee is set at 1.05% for credit cards and 2.04% for deposits made by Skrill or PayPal. Again, it’s way lower than with other competitive brokers, but we had to mention it.

Trading 212 Deposit Page

Trading 212 Deposit Page

Upon choosing your preferred method, you must input the desired deposit amount, and proceed to checkout where you’ll be asked to provide additional details that vary depending on your chosen deposit method. If you’re afraid that someone might steal your sensitive information, don’t worry because top-class Thawte encryption system is embedded in the webpage, completely protecting your transaction details. Also, your funds are allocated at the segregated bank account held at the trusted banks, so you seriously don’t need to worry about them getting stolen. And that’s about it when it comes to deposits, so we must say that we’re more than happy with what we’ve discovered. Can we say the same thing for withdrawals as well? Read on and see what we’ve found!

Trading 212 Review | Withdrawal

Now that we’ve thoroughly analyzed deposit procedures, in this part of Trading 212 Review, we’ll do the same thing for withdrawals. Withdrawals can be made by any of the available methods mentioned in the deposit analysis. However, due to security reasons, funds you’ve withdrawn will automatically be transferred via your preferred deposit method. For instance, if you’ve made a deposit using Skrill, it will be used for withdrawal. However, if you’ve made several deposits with various methods, withdrawals will be processed and transferred using your credit card. Although it might seem confusing and a bit suspicious, it is a common security measure among specific brokers – we’ll be talking more about this later on.

Trading 212 Withdrawal Page

Trading 212 Withdrawal Page

Depending on the chosen method, withdrawals may take up to 3 business days to complete. Also, keep in mind that there are no withdrawal fees whatsoever, except for the wire transfers where it depends on your home bank’s policy. We have tested all available withdrawal procedures and methods, and we must say that we’re more than happy with the results. Everything works great and smooth, and we are sure that you won’t be having any problems here. Now that we’re done with banking methods, it’s time to move on to one of the broker’s key features – trading interface. Keep on reading this Trading 212 Review and learn the crucial information!

Trading 212 Review | Trading interface

Our detailed Trading 212 Review would be far from completed if we haven’t written a detailed analysis of the broker’s trading platform. It is a highly customizable interface full of useful information, with a lot of trading tools embedded directly in the interface. Let’s take a detailed look at all available features.

On the platform header, apart from Trading 212 logo, you’ll find options for deposit funds, review client agreement, access platform settings, reports, statistics or learning center. Also, you can send an instant message to the support team at any time if you happen to get stuck. On the left side of the main window, you’ll find a collapsible Favorites sidebar. It contains your most used and favorite assets, and you can modify their layout so the list can show more or less information about each. You can also search a vast repository of available trading assets by clicking on the magnifying glass icon on the upper-left corner of the sidebar. Right side contains a fixed position toolbar containing many interesting features. Tradebird is basically a Twitter feed giving you the latest information related to market news, trends and events, which can prove useful for planning your short-term investments. Instrument details contains additional info regarding the chosen asset, such as buy/sell price fluctuation over time, spread, margin, swap time and many more. This is a useful tool when you want fast statistical overview of an asset, eliminating the need for long-lasting market analysis. News and Analysis feature acts as an RSS feed of latest trading news, as well as independent analysis of tradable assets with investment advice. Economic calendar, a known tool among active traders, gives a brief overview of major events, while also assessing their impact on the certain assets. 

Trading 212 Trading Platform

Trading 212 Trading Platform

However, the main part is located at the very center of the platform window. Graphical representation of the selected asset not only looks slick with its minimalist design, but also offers loads of information with just a couple of mouse clicks. Some basic features include changing the zoom, time period and chart type (you can choose between candlesticks, bars, area, line or Heikin-Ashi diagram type). However, the real charm is in more advanced features. This platform incorporates more than 40 different indicators that can help you determine future price trends, thus increasing your chances of investing in winning option. Let’s mention just some – Bollinger Bands, MACD, EMA, Relative Strength Index, Fractals, Stohastic Oscillator and the list goes on and on. If you’re an experienced trader, you’ll know how to put these powerful tools in a good use. However, if you’re a newbie, don’t worry – there is a huge library of educational materials, which we’ll thoroughly analyze later. We should also mention that, apart from built-in indicators, you can insert some custom-based shapes. These include various lines, polylines, geometrical shapes, Fibonacci shapes, Elliot waves and many more. Furthermore, thanks to the tabbed view of the platform, you can simultaneously track multiple assets and input different tracking tools to each one of them. On the very bottom of the platform, you can find open and pending positions, as well as browse price alerts for your favorite assets. And if you thought that this can’t possibly be true, wait ‘till you hear this – you can have a completely identical platform on all of your Android or iOS-based devices! 

Trading 212 Trading Tools

Trading 212 Trading Tools

Thanks to the ingenious mobile application, you can enjoy the fantastic trading experience wherever you are, be it on smartphone or a tablet device. To conclude, we are more that astounded by the platform designed by Trading 212 developers. It has virtually everything you need to trade successfully, packed in a great looking layout and loaded with powerful trading tools. We seriously believe that you won’t be able to find the offer this good easily. But before we reach our verdict, we still have some features to analyze, the first one being education center. Keep on reading and discover if this broker can teach you how to develop your trading skills!

Trading 212 Review | Education

We couldn’t be able to complete our Trading 212 Review article before analyzing the available education resources. And we must proudly state that this broker designed a lot of great-looking and top-quality materials that can teach newcomers from the scratch or help advanced traders develop their trading strategy. The repository is divided into several sub-categories, the first one being video lessons. Here you can find a variety of video clips ranging from animated tutorials to video lessons taught by respected market experts. Here you can learn how to trade retracements, choose the right strategy depending on the asset, use psychology in trading, trade on mobile app and much more. Even though you might already know a majority of topics covered here, it’s a good thing to go through these videos again, just to refresh your memory. The next category covers the basics of Forex trading. It explains the basic concepts of trading Forex, introducing traders to the terms of spreads, leverage, short trades and such. This is a must-go for newcomers, as they can get a grasp of trading market in a matter of minutes. The Trading Modes category explains the two different concepts of trading – hedging and aggregating. Basically, hedging allows you to open multiple positions with the same asset, while aggregating lets you open only one position with certain asset. The difference, however, is more complex, and you can learn all about it here.

Trading 212 Education

Trading 212 Education

There is also a category containing basics of technical analysis, where you can learn how to read and use charts properly, how to use indicators, predict trends, make use of Elliot Waves and much more. Also, there is a glossary containing most important terms and appropriate definitions, so if you stumble upon a weird term, you can always look it up here. Furthermore, here you can find a list of major economic indicators, with the visualization of their impact on the global market. And lastly, if you have any questions regarding banking, trading account, platform or trading, take a look at the rich FAQ section – there is a huge chance you’ll find the right answer there. To wrap up this part of Trading 212 review, we can honestly say that this huge library is capable of transforming everyone into a competitive trader. Also, thanks to glossary and educational videos, regardless of your current experience, you’ll surely be swinging by here often. Now, before we end up our analysis, let’s see how you can take a tour through the platform without depositing anything! Keep on reading and find out the trick behind it!

Trading 212 Review | Demo Account

Yes, you got it right – by signing up for a free demo account and acquiring 10 000 virtual dollars, you’ll be able to do anything you want on the broker’s trading platform! Unlike many other brokers, demo account opened with Trading 212 doesn’t expire, so you can test around as much as you want. Demo interface is completely the same as the commercial platform, so if you wish to switch to the real account, you can do it without a second thought. What’s more, you can transform your demo account to a real account directly from the demo trading platform – just hit the blue “Trade with real money” button on the upper right corner, and you’ll trigger the procedure for creating real account. Of course, we strongly advise you to do this when you believe you’ve mastered the introductory educational materials. And if you ever get stuck, feel free to contact the support team. Wondering how you can do this? Keep on reading and find out!

Trading 212 Demo Account

Trading 212 Demo Account

Trading 212 Review | Contact

Good customer support is a backbone of every successful brokerage company, which is a lesson that Trading 212 has successfully embraced and embedded into its business. Support team here consists of dozens of trading professionals, market specialists and business analysts that will surely help you solve any potential problem you might encounter on your trading journey. If you ever want to contact them, you can do this by sending them a message using contact form, live chat application or by dialing one of the many phone numbers. Being a globally recognized company, Trading 212 has its offices in 16 different countries, each bearing its unique phone number and e-mail address. They cover all the main languages, and you can contact them 24 hours a day, 7 days a week. Our personal experience with the support team was more than great. We have sent a great deal of different inquiries covering various topics through all available communication channels and on several languages. The feedback was fast, professional and concise, explaining the steps bit by bit. We can wholeheartedly recommend this support team for watching your back, thus making this feature another perk of this broker. However, there is one proof of the broker’s quality that virtually overpowers all the others. Did we found it while analyzing this broker? Read on and find out the real truth!

Trading 212 Review | Regulation

Becoming a regulated broker is a much harder feat that it might look like. The company must abide strict procedures and laws imposed by regulatory agencies, in order to conduct business legally. This includes depositing clients’ money into segregated accounts, introducing safety protocols such as anti-money-laundering procedure, having all actions monitored and analyzed and much more. And all of that just to get regulated by one agency. Sounds hard, doesn’t it? Now look at this – Trading 212 is regulated by UK’s Financial Conduct Authority, Cyprus’s CySEC and Bulgaria’s Financial Supervision Commission! That’s true, you’ve just found a broker regulated by three different regulatory bodies. This ensures the ultimate protection of both your funds and your personal details. Also, thanks to anti-terrorist policies, your trading environment will always be safe and fair, with asset prices following the real trends on the market. Furthermore, thanks to the broker’s membership in various compensation funds, your deposits and earnings are covered with compensation in terms of company’s bankruptcy. As you can see, being regulated by three different agencies truly ensures a fantastic and safe trading experience. And that’s something not many brokers can ensure. If this is not a reason good enough to start trading with this broker, read our final verdict, and see what this Trading 212 review has shown.

Trading 212 Regulation

Trading 212 Regulation

Trading 212 Review | Conclusion

How to wrap up this analysis in short when there’s so many fantastic features? In our long career of market experts, we can honestly state that this is one of the best offers we’ve ever seen. In terms of banking, Trading 212 is affordable, versatile and fair. Low minimum deposit, various methods that can be used for deposits and withdrawals, and fast withdrawal execution without additional commissions are fantastic features. Trading platform is out of this world, with its huge selection of trading tools and indicators, completely adjustable layout and high reliability. And if you’re constantly on the move, just download the mobile app and continue from where you’ve left off. Offering a demo account without time limitations is a fantastic addition to the offer, as well as the immense repository of useful education materials. Finally, superb customer support team and three-sided regulation just adds up to the most desirable offer on the market.

Our overall experience with Trading 212 has been nothing but extremely positive, so we can strongly advise you to start trading with this superb broker right away. Regardless if you’re a complete beginner or a certified professional, this broker will leave you breathless. Regardless if you want to trade CFDs, Forex or binaries – this broker covers it all. If you want fine support, immense trading opportunities, reliable platform and fantastic trading experience – Trading 212 is your only possible choice. Give it a shot and let it change your view on the global market!

Author's overall rating:
Author: Mark Watson
Updated:

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