Trading 212 offers a proprietary web-based trading platform that has a user friendly interface and good functionality. It has an integrated economic calendar and live news and analyses section, as well as a set of advanced charting tools and lots of market indicators.
As tested with a demo account the benchmark EURUSD spread floated about 1.1 pips. Spreads starting below 1.5 pips with a standard account are generally considered good. The leverage is in line with the latest requirements of the European Securities and Markets Authority – 30:1 for retail traders.
Deposit/withdrawal methods and fees
Trading 212 accepts payments with SafetyPay, Skrill, Giropay, Dotpay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay, as well as bank wire and credit or debit cards like MasterCard, Maestro, VISA and VISA Electron. The minimum deposit requirement is set at $29 and withdraw process takes up to 2 to 3 business days.
Trading 212 is a trademark for Trading 212 UK Ltd. and Trading 212 Ltd. Trading 212 UK Ltd. is registered in England and Wales and is authorized and regulated by the Financial Conduct Authority (FCA). Trading 212 Ltd. is registered in Bulgaria and is licensed and authorized by the local Financial Supervision Commission (FSC).
All brokers regulated by the FCA should grant all traders a negative balance protection, and should follow a strict set of ethical rules. should keep their clients money in a segregated, protected form creditors, , trust account , should hold at all times a minimum operational capital of no less than 730 000 EUR, and should file regular reports complemented by external audits.
On top of that FCA regulated brokers are obliged to participate in the Financial Services Compensation Scheme (FSCS), basically insuring their clients money. Under the Scheme a client will receive up to 85 000 GBP of his or her trading capital in case the broker happens to be insolvent.
As we already mention Trading 212 is a well regulated broker and trading with them is completely safe.