Trading 212 is a popular mobile trading platform offering flexible zero commission trading on 2,000+ instruments including stocks, forex and cryptos. They provide a powerful and user-friendly platform suitable for traders of all skill levels.
Trading 212 is a fintech company based out of London, United Kingdom. The Trading 212 platform is one of the most popular free trading apps in the world with over 14 million downloads. It has been the United Kingdoms and Germanys #1 trading and investing app according to the number of downloads, with a very high rating from 40,000+ user reviews.
Trading 212 have been recognised in the press for offering zero commission trading on over 2,000+ instruments across multiple asset classes including stock, forex, cryptos and more. They have been featured in respected publications such as Forbes, Financial Times, The Telegraph & The Independent.
The Trading 212 mobile platform is powerful and user friendly, making it easy to use for all levels of trader. One of the key features is the no hassle commission free trading and investing they offer. Through the one app users can trade and invest multple markets.
Its mobile app is now ranked number one in the UK based on 15m downloads and more than 180,000 reviews. The app lets users invest in shares, exchange traded funds (ETFs), contracts for difference, gold, cryptocurrencies and an ISA all in one place. Additionally, if you are unsure about how well you would be at stock or CFD trading, there is an option to practice first with a virtual £50,000.
Trading 212 is a trading name of Trading 212 UK Ltd. and Trading 212 Ltd.
Trading 212 is authorised and regulated by the FCA (Financial Conduct Authority) in the United Kingdom with register number 609146.
Trading 212 Ltd. is authorised and regulated by the Financial Supervision Commission (FSC) in Bulgaria with register number RG-03-0237.
In order to ensure safety and comply with regulations, Trading 212 keep client funds in segregated bank accounts. They are covered by the Financial Services Compensation Scheme, FSCS (Trading 212 UK Ltd.) and the Investors Compensation Fund, ICF Bulgaria (Trading 212 Ltd).
In the unlikely event of default, eligible clients may be entitled to compensation if the company cannot fulfil its obligations. The FSCS compensation provides cover of up to £85,000 and the ICF Bulgaria compensation is up to 90% but limited to €20,000 of the client’s funds.
Trading 212 keep your information protected by implementing the industry’s best practices. They perform regular security metric tests and scans of their applications and infrastructure to ensure your data remains secure.
The company governance, financial, business, and IT processes and systems are audited by Grant Thornton. They have a dedicated 24/7 security operations centre which monitors and analyses the traffic and alerts to protect clients in real-time. They also participate in a bug bounty program which rewards researchers for submitted reports. Top execution venues and quality of execution reports are readily available to the public from the Trading 212 website.
Trading 212’s big unique selling point is its zero-commission trading. There are no charges for share dealing or to hold stocks in an ISA wrapper. Trading 212 makes money through the spreads between the buy and sell price on their assets. There is also a 0.5% currency conversion charge and you will have to pay stamp duty for share and ETF purchases. The platform’s chief executive Ivan Ashminov has previously indicated that additional 'premium' services will be added to the platform, which users will need to pay to access.
The main goal of the Pie System is to help you achieve your financial goals by solving two major investing pain points:
The best part is that with AutoInvest you can do both automatically! Just set the desired contribution amount and investing frequency, then AutoInvest will do the rest.
A pie is a collection of securities - stocks & ETFs.
Each security is represented as a slice of the pie. Each pie can hold up to 100 securities. You can have multiple pies.
AutoInvest will deposit funds and then automatically invest them into your pie. You decide 'how much' and 'how often' you'd like to AutoInvest.
You can choose to enable AutoInvest for a pie while you are creating it.
You can also turn on/off the AutoInvest option for any pie at any time, by going to the AutoInvest section of that pie.
AutoInvest buys shares according to your pie's targets. For instance, if £100 are deposited into a pie of 5 slices each having a target of 20%, £20 pounds will go towards each slice.
You can manage 'AutoInvest' individually for each pie in your portfolio.
You can at any time:
You can view and change the associated payment method for the pie any time you like.
Each pie has its internal cash storage.
Most of the time the amount of cash in the pie should be 0 or close to 0. However, the amount of cash can jump significantly due to the following reasons:
When investing new funds (manually or automatically) the pie will automatically add the existing pie cash to the newly contributed amount and invest the total.
When withdrawing funds from your pie, cash always has priority over selling securities.