Trading 212, established in London in 2006, offers investment and active trading services in foreign exchange and stock markets. It is licensed by the UK FCA and CySEC in Europe.
Traders Union reviewed the Trading 212 company as it prioritizes enhancing its services and trading conditions for novice and experienced traders. This is rather than focusing extensively on educational programs.
TU expert review of Trading 212
Traders Union has experienced Trading 212 as a dependable partner. The brokerage offers two account types: one for stock investment and another for active trading, each with demo versions. While welcoming traders and investors of all levels, Trading 212 emphasizes the risks involved. The support team has been praised for their helpful assistance. Prospective clients are advised to read client reviews before creating an account. The visually streamlined website provides comprehensive information on trading conditions and additional features, accessible in 11 languages for convenience.
Analysis of the main features of the Forex broker
Traders Union ratings for Trading 212:
- Overall score: 2.64/10
- Execution of orders: 3.06/10
- Investment instruments: 2.7/10
- Withdrawal speed: 3/10
- Customer Support work: 2.48/10
- Variety of tools: 3.22/10
- Trading platform: Not provided in the given information.
A detailed review of Trading 212
TU reveals that Trading 212 is an investment company that prioritizes comfortable trading and investing.
The broker utilizes new technologies to optimize trading conditions for inexperienced and professional traders.
- Trading 212 sets a low minimum deposit level, enabling access to stock markets for a more extensive customer base.
- Their mobile application development has garnered popularity in the UK and beyond.
Notable figures about Trading 212:
- Over 12,000 stocks and ETFs are available in Invest/ISA accounts, the highest among competitors.
- Over 5,000 leveraged instruments in the CFD account.
- Over 1.5 million active clients.
- The mobile app has been downloaded over 15 million times.
- Qualified support service is available 7 days a week, 24 hours a day.
How Trading 212 embraces technology for faster trading
Traders Union highlights the following about Trading 212:
- The broker emphasizes using new technologies to enhance trading speed, comfort, and accessibility.
- Trading 212 offers three account types: investment, active trading, and ISA (for UK clients).
- The investment account focuses on stock market trading, while the active trading account provides access to foreign exchange and other markets.
- Trading can be conducted through a browser or the mobile application for iOS and Android, eliminating the need for additional programs.
Valuable services provided by Trading 212 include:
- News: Keeping traders updated on global economic news.
- Economic calendar: Providing detailed market information.
- Analysis: Daily analytical materials on popular trading instruments.
- Help Center: Offering answers to frequently asked questions through a built-in search engine.
- Autoinvest: An automated system simplifying the investment process.
Best alternatives for Trading 212
According to Traders Union, some of the best alternatives for Trading 212 are as follows:
- RoboForex: This broker offers a wide range of trading instruments and platforms, catering to both beginner and experienced traders. With competitive spreads, fast execution, and various account types, RoboForex is a strong contender in the trading industry.
- Pocket Option: Known for its user-friendly interface and seamless mobile app, Pocket Option is suitable for traders who prioritize flexibility and convenience. The platform provides access to various markets, as well as educational resources and responsive customer support.
- Tickmill: With its tight spreads, low commissions, and high-speed execution, Tickmill is an attractive option for traders seeking a cost-effective trading experience. The broker is also renowned for its award-winning customer support and wide selection of trading tools.
Traders Union has also published a Plus500 review on their website. Interested traders can visit their website to read the full review.
In conclusion, Trading 212 offers a comprehensive and user-friendly platform catering to novice and experienced traders. The broker is committed to enhancing trading conditions and services, focusing on technology to ensure speed, comfort, and accessibility. Despite these advantages, prospective clients should consider alternatives like RoboForex, Pocket Option, and Tickmill, which each bring unique features to the trading landscape. Before deciding, traders are advised to read client reviews and understand their individual trading needs. For more in-depth reviews and information, visit Traders Union’s official website.