Is Trading 212 a regulated broker?

Trading 212 is a well-respected name in the industry and highly regulated broker. It is regulated by the FCA. It is also regulated by Cyprus and in Bulgaria.

What Platforms Trading 212 offer?

Trading 212 has its web based platform which is quite easy for traders to use. Trading 212 also offer its own app which means that you can buy or sell stocks on the go.

What does Trading 212 offer?

Trading 212 is one of the brokerage companies which offer a number of products to its customers which many brokers don’t offer. Here are the products that are currently being offered by Trading

• CFD Trading
• Stock Trading
• ETF trading
• Forex

Does Trading 212 Offer Cryptos?

Unfortunately, trading 212 doesn’t offer cryptos. Trading 212 does offer in-direct access to the crypto market via stocks, and ETFs.  

Trading 212 offers over 10,000 stocks including all the big names such as Microsoft, Amazon, Tesla, Bank of America, Goldman Sachs. A large number of stocks which are offered on Trading 212 are also available on their CFD platform. CFDs offer a trader an option to take advantage of leverage which means that you don’t necessarily need to have a large sum of money to trade more shares. The broker offers you leverage, meaning they give you money to trade. It is important to note here that use of leverage can help you make more money but at the same time it can also make you lose significant capital. Hence traders need to use appropriate risk management strategies to manage their strategies.

Does Trading 212 offer fractional shares?

One of the key point that made Trading 212 so popular among the investment community and traders is that it allows you small portion of a share. For instance, if you don’t have enough capital to buy a share of a company it allows you to buy only small portion of that. An example of this is that lets assume Amazon’s one share is $1000 and you have only $500 in you account. Trading 212 will allow you to buy half of that share. This gives you an opportunity to make profit when the shares go up and of course you lose money as well if the share price goes down as well.

What is a CFD product?

CFDs are leverage product. By buying a CFD share, you are not actually buying a share of the company but it gives you an opportunity to speculate on the price of that company. At the same time, using CFD, a trader gets leverage which means that they can buy more CFD shares of that company as Trading 212 will give you loan from its own pocket.

You can learn more about CFDs here where we have given much detail about CFDs.

What payment methods it accepts?

Trading 212 accepts all major cards, it also accepts bank wires as well as you can Apple Pay and Google pay to fund your account which makes things a lot more easier for many traders.

Are my funds protected at Trading 212?

Absolutely! Trading 212 is authorised and a regulated broker by the Financial Conduct Authority. This means that in any unfortunate event, your cash funds are protected and guaranteed up to £85,000

Does Trading 212 have good Customer Service

In terms of customer service, one downside is that there is no phone support there but they are fast in responding to your enquiries. We have seen their customer service levels doing really well and they certainly do not leave their clients alone. For them, their customers are first and they do whatever is possible to help their customers.

According to Trust Pilot, Trading 212 has more than 20K reviews and its overall rating is 4.6/5 which is very decent.

What are the pros and cons of Trading 212?

Trading 212 is one of the brokers which actually has more pros than cons. The only major thing that we will like to see them to improve is the phone support which currently doesn’t exist.

Here is the list of their pros and cons.

Cons

• No phone support
• No spread betting
• No options

Pros

• Great customer service
• Wide range of customer service
• CFD trading
• Commission free trading
• Stocks and Shares ISA
• Massive range of investment options

Conclusion

Looking at the pros and cons and what Trading 212 really offers, it is certainly one of the best broker in 2023 for trading stocks, ISA accounts and highly competitive in the CFD market

Disclaimers

This article about trading 212 should not be considered as an advise. Investments can both rise and fall and your capital is at risk.

CFDs are complex instruments and come with a high risk of losing money
rapidly due to leverage. 83% of retail investor accounts lose money when
trading CFDs with this provider. You should consider whether you
understand how CFDs work and whether you can afford to take the high risk
of losing your money