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Trading 212 was founded in Bulgaria but established a presence in the UK in 2013. As a result, it is now regulated by two authorities: the Financial Services Commission in Bulgaria and the FCA in the UK. As a broker, it immediately set out to disrupt the market by offering zero commission trading on many different asset classes include stocks. While it does not offer free trading across all asset classes, users can take positions in many products like ETFs, Forex, Indices and cryptocurrencies. This wide range makes it an attractive prospect.
Its mobile app has been heralded as market-leading by many, but it also provides users with a great deal of market research. As a result, users can further their knowledge of the current state of financial markets, but also on subjects such as investment strategy and portfolio management.
“The No.1 trading app in both the UK and Germany, Trading 212 has been downloaded over 14million times.”
Trading 212’s platform is arguably just as crucial to users as its zero commission policy on stock trading. It was primarily designed to make trading through mobile as easy as possible and as a result, is just as good an app on your smartphone as its desktop platform.
For example, the features available on both include technical analysis and data charts. All of which are straightforward to generate and then just as straightforward to read. In short, the user experience is not diminished on its mobile app. In fact, it demonstrates that the reduced versions of software that so many other brokerage services offer for smartphones need not be the case. It is this that helps Trading 212 stand out from the crowd.
Opening an account with such a technically advanced company was bound to be quick. Plus, there is a low minimum amount deposit required across the three types of accounts it offers. For those wanting to trade shares and ETFs, the firm’s Invest account can be opened with just £1. The same is the case for its ISA account. For those wanting to trade CFDs, a CFD account will need to be opened - but that only requires a low minimum deposit of £10. Accounts can be set up through either the website or through its mobile app.
Trading 212 is one of the rare trading platforms that provide customer support all day, every day. This is fantastic news for its investors from all over the globe that do not have to access support at odd times due to being in a different time zone. There is a live chat function on the site which is often found to be quick in its response time, as well as providing thorough and pertinent answers to all manner of queries. Additionally, the company provides customers with video how to guides, so that all users can gain a good understanding of both its software but also investment strategies and ideas.
Trading 212 gained notoriety for offering zero commission trades - however it is far more than just a one trick pony. Its quick account opening process as well as its market leading app, demonstrate that this company is exceptionally competent. It is a good choice for both novice and experienced traders as it can be used by those with any investment knowledge level.
Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Before deciding to trade in financial instruments you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Best10Stockbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Best10Stockbrokers and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Best10Stockbrokers and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Best10Stockbrokers may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.