Is TRADING 212 one of the best Australian Forex Brokers? We conducted an in-depth review in April 2019 to find out the answer and bring it to you!


Another complete and unbiased Review from Engine Forex

Trading 212 is a trading name of the registered companies Trading 212 UK Ltd. and Trading 212 Ltd. The company was founded in the year 2004 and originally started out in Bulgaria under the  trading names of Avus Capital Ltd before also incorporating in the United Kingdom as Avus Capital UK Ltd.

Today, Trading 212 is a London, UK based fin-tech company that prides itself in having democratised the financial markets with their free, smart and easy-to-use trading apps, giving anyone the opportunity to trade currencies, equities, commodities and more.

Their mobile apps have already reached more than 12 000 000 downloads worldwide, which makes them one of the most popular trading apps in the entire world. 


Trading 212

Our Rating

The overall rating is based on review by our experts

7.7 3.9 1
  • Reliability 8 / 10
  • Spread 7 / 10
  • Customer Service 7 / 10
  • Offers 7 / 10
  • Speed of Execution 8 / 10
  • Uptime 9 / 10

Trading 212 - Overview

Trading Conditions

  • Max Leverage
    30:1
  • Min Deposit
    €/£/$ 100
  • Spread
    From 0.9 Pips
  • Cuts out Dealing Desk
    Yes

Methods of deposit and offers

  • Deposit / Withdraw
    VISA , MasterCard Skrill Wire Transfer
  • Welcome offer
    n/a
  • Rebates Engine Forex
    Coming soon!

Extras

  • Crypto
    Bitcoin Ethereum Ripple Litecoin Dash Bitcoin-cash
  • Headquarter
    London

SECURITY, MARGINS AND TECHNOLOGY

SECURITY AT TRADING 212

In Summary

  • FCA regulated
  • Licensed by the FSC
  • Risk Management tools
  • Compensation schemes

Trading 212 is regulated in two jurisdictions by two different regulatory bodies:

Trading 212 UK Ltd. is a registered company in England and Wales (Register number 8590005) which is authorised and regulated by the Financial Conduct Authority (FCA) (Register number 609146).

Trading 212 Ltd. is a registered company in Bulgaria (Register number 201659500)which is authorised and regulated by the Financial Supervision Commission (FSC) (Register number RG-03-0237).

All clients’ funds are kept separately in segregated bank accounts and are covered by the Financial Services Compensation Scheme, FSCS (Trading 212 UK Ltd.) as well as the Investors Compensation Fund, ICF Bulgaria (Trading 212 Ltd).

Spreads Comparison

Trading 212
80
PEPPERSTONE
100
THINK MARKETS
80
IC MARKETS
100
Dukascopy
100
XM
100

CHARGES AND MARGINS AT TRADING 212

In Summary

  • Spread mark-ups
  • Commission-free account
  • Up to 30:1 leverage for retail clients
  • Minimum deposit of €/£/$ 100

Trading 212 aims to disrupt the stock brokerage industry by offering the first and only zero commission stock trading service in the United Kingdom and Europe, unlocking the stock market for millions of people around the globe.

The only fees that incur are the spreads. Those spreads are competitive but definitely not the lowest on the market. Some spreads are fixed while others are floating.

In terms of account choice everything is kept very simple as clients can only select between a practice account and the real, commission-free trading account.

The minimum deposit requirement is set to €/£/$ 100 and maximum leverage is capped at 30:1 for all retail investors and 200:1 for institutional investors as per the current ESMA regulation enforced on all EU and UK based brokers.

TECHNOLOGY

In Summary

  • Solid trade execution
  • Proprietary mobile trading app
  • STP execution

Trading 121 doesn't offer any third party trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader but allows access to their purpose-built, proprietary mobile app which is available on both iOS and Android mobile devices.

The trading app is pretty simple and easy-to-use, with good visuals enhancing the customer experience. The mobile app allows Forex trading, trading CFDs as well as equities. Novice and experienced traders alike will enjoy the built-in range of features, charts and technical analysis tools.

Trading 212 provides straight-through-processing (STP) which allows fast trade execution and typically little to no slippage.

Trading 212 provides their easy-to-use proprietary trading platform, making trading simple and intuitive.

Execution of Speed Comparison

Trading 212
80
PEPPERSTONE
100
THINK MARKETS
90
IC MARKETS
100
Dukascopy
90
XM
80

CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES

AN OVERVIEW OF TRADING 212's CUSTOMER SERVICE AND CLIENTS

In Summary

  • 24/5 customer support
  • Demo and Live account options
  • Leverage up to 30:1
  • 1,800+ financial instruments

The company offers 24/5 customer support via live cat, phone and email. Their mobile app has been downloaded over 12 million times so far. Since 2016, Trading 212 have been the UK’s #1 trading app, and in 2017 they reached the #1 spot in Germany as well.

Clients can start trading with either a demo account or the "real money" live trading account option.

Available payment methods include: debit cards / credit cards (VISA & Mastercard), Maestro cards, Skrill and bank wire transfers.

There are over 1,800 financial instruments available for trading, including over 150 Forex pairs, a decent range of digital assets such as Ripple's XRP, Ethereum and Bitcoin, as well as indices, stocks and commodities.

FOREX AND OTHER TRADING OPTIONS AT TRADING 212

In Summary

  • Forex & Crypto pairs
  • 1,800+ financial instruments
  • Spot indices and spot commodities
  • Equities

Over 1,800 financial instruments can be utilized with the Forex broker Trading 212, including over 150 Forex pairs, digital assets (Ripple's XRP, Ethereum, Bitcoin, etc.), indices, stocks and commodities.

Traders can choose to trade the options mentioned above on some of the world’s top financial markets as CFDs such as the Australian S&P 200 Index,  Dow Jones 30, Germany’s DAX 30, UK FTSE 100 Index, US E-mini S&P 500, EU 50 and Hong Kong’s Heng Seng 50.

Trading 212 offers maximum leverage of up to 30:1 for retail clients and the minimum deposit requirement is set to €/£/$ 100.

There are no commissions charged on trading of any asset.

An inactivity fee is applied to CFD accounts with no trades for a period of at least six consecutive months (180 days).

SPECIAL FEATURES OF TRADING 212

In Summary

  • Proprietary mobile trading app
  • Solid trade execution speeds
  • Competitive spreads
  • STP execution

Trading 212 is authorised and regulated by the FCA of the United Kingdom as well as the FSC of Bulgaria.

One, single account option available.

Simple, uncomplicated approach to trading.

1,800 financial instruments.

Own proprietary mobile trading app that is user-friendly, intuitive and easy-to-use.

Reliable trade execution.

Maximum leverage can only be set as high as 30:1 as per ESMA's guidelines for European online brokerage firms.

Low minimum deposit requirement of just €/£/$ 100

.

Trading 212’s proprietary mobile trading app is user-friendly and intuitive. Any type of trader will find it easy-to-use and straight-forward.

Max Leverage Comparison

TRADING 212
30:1
PEPPERSTONE
500:1
THINK MARKETS
400:1
IC MARKETS
500:1
Dukascopy
200:1
XM
500:1

IN CONCLUSION

Trading 212 has done very well in trying to disrupt the stock brokerage industry by offering the first and only zero commission stock trading service in the United Kingdom and Europe. Their very user-friendly mobile trading app is  opening up the stock market for millions of people around the globe. The trading app is particularly useful for novice traders because of its intuitive feel and simple, yet powerful components. Being capped by European regulations (ESMA) to offering a maximum leverage of just 30:1 to retail investors is the only disadvantage we found next to many positive features of Trading 212.