Trusted by AwardBroker
- Regulated by the top-tier FCA in the UK
- Founded in 2004
- Investor protection is £85k to UK clients, €20k to others
- Clean track record: no major regulatory incidents or fines
20,939 people picked this broker at AwardBroker in the last 6 months
Our take on Trading 212
Trading 212 provides commission-free stocks and ETFs as well as CFD trading. It is regulated by the UK's FCA, the Bulgarian authority FSC and CySEC in Cyprus.
The account opening is fully online, straightforward and quick. Trading 212‘s web and mobile trading platforms are well-designed and easy to use. It is a good choice for beginner investors.
On the negative side, the product portfolio is limited, and some popular asset classes such as options or bonds are missing. Forex fees are quite high and the research tools are also limited.
AwardBroker gave Trading 212 a 4.5/5 rating based on analyzing 600+ criteria and testing via opening a live account.
Trading 212 summary
Snapshot of key data
| 🗺 Country of regulation | UK, Bulgaria, Cyprus |
|---|---|
| 💰 US stock fee | Commission-free |
| 💰 Inactivity fee charged | No |
| 💰 Withdrawal fee | $0 |
| 💰 Minimum deposit | $1 |
| 💵 Available base currencies | GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, BGN, HUF |
| 💵 Conversion fee of deposits in non-base currency | 0.50% for CFD and forex currency conversion and 0.15% mark-up for real stocks and ETFs |
| 💳 Deposit with bank card | Available |
| 🕖 Time to open an account | 1 day |
| 🎮 Demo account provided | Yes |
| 🛍️ Products offered | Stock, ETF, CFD (forex, stock, ETF, index, commodity) |
For a more comprehensive, in-depth look at the broker's services and features, simply expand on the sections below.
Fees
Score: 3.8/5
Trading 212 offers commission-free stock and ETF trading, and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high.
| ✅ Pros | ❌ Cons |
| ❖ Free stock and ETF trading ❖ No withdrawal and inactivity fee | ❖ High forex fees ❖ High financing rate |
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock | Low | Commission-free |
| EURUSD | High | The fees are built into the spread, 1 pip is the average spread cost during peak trading hours. |
| Mutual fund | – | Not available |
| Inactivity fee | Low | No inactivity fee |
Trading 212 trading fees
Trading 212 trading fees are low.
The broker offers commission-free real stock and ETF trading but CFD and forex fees are generally high. On a positive note, we liked how transparently Trading 212 displays its fees. For example, it publishes daily swap rates, which can be easily accessed through the website or the trading platform.
We compared the fees at Trading 212 with two similar brokers we selected, eToro and XTB. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Trading 212 alternatives.
Stock and ETF fees
Trading 212 offers stock and ETF trading, charging zero commission.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 |
| UK stock | $0.0 | $0.0 | $0.0 |
| German stock | $0.0 | $0.0 | $0.0 |
You can trade real stocks and ETFs if you open a Trading 212 Invest account.
Forex fees
Trading 212 forex fees are high.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| FX commission per lot | No commission is charged | No commission is charged | No commission is charged |
| EURUSD spread | 1.0 | 1.0 | 1.0 |
| GBPUSD spread | 1.2 | 2.0 | 1.3 |
| AUDUSD spread | 1.0 | 1.0 | 1.3 |
| USDJPY spread | 0.7 | 1.0 | 1.4 |
| USDCAD spread | 1.2 | 1.5 | 1.8 |
For a comprehensive comparison of forex fees charged by various brokers, use AwardBroker's FX fee calculator.
CFD fees
Trading 212 has low CFD trading fees.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| S&P 500 CFD spread | 1.1 | 0.8 | 0.6 |
| Euro Stoxx 50 CFD spread | 2.4 | 3.0 | 2.4 |
| Apple CFD fees per $2,000 trade | $0.2 | $2.0 | $2.6 |
| Vodafone CFD fees per $2,000 trade | $0.4 | – | $3.9 |
Non-trading fees
Trading 212 has low non-trading fees.
It doesn't charge any account, inactivity or withdrawal fees.
Depositing to CFD accounts and depositing via bank transfer to Invest accounts are also free of charge. However, there is a 0.7% deposit fee if you deposit more than €2,000 in total to your Invest account using credit/debit cards or electronic wallets.
In addition, there is a 0.5% currency conversion fee for CFD trading, and a currency conversion fee of up to 0.15% for real stocks and ETFs. Currency conversion occurs when you trade an asset denominated in a currency other than your account base currency.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| Account fee | No | No | No |
| Inactivity fee | No | Yes | Yes |
| Deposit fee | $0 | $0 | $0 |
| Withdrawal fee | $0 | $5 | $0 |
Interest earned on uninvested cash
As of the time of the review, Trading 212 provides the following interest rates on uninvested cash:
- 5.1% for USD
- 5.0% for GBP
- 4.2% for EUR
How we ranked fees
We ranked Trading 212's fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us.
There are two basic types of broker fees:
- Trading fees are charged when you trade and may include commissions, spreads, financing rates and conversion fees.
- Non-trading fees include charges not directly related to trading, such as withdrawal fees or inactivity fees.
Account opening
Score: 5/5
The account opening process is straightforward, user-friendly and quick. Our account was verified within one business day.
| ✅ Pros | ❌ Cons |
| ❖ Fast ❖ Fully digital ❖ No minimum deposit | None |
Can you open an account?
No, you can't open an account at Trading 212 if you live in the United States!
the United States
Trading 212 accepts clients from around the world. There are some notable exceptions though, e.g. US or Canadian customers can't open an account.
What is the minimum deposit at Trading 212?
The required Trading 212 minimum deposit is $1.
If you open Invest or ISA account, the minimum deposit is €/£10. This is great for customers who want to start trading or investing smaller amounts only.
Account types
Trading 212 offers three account types, which differ based on the assets you can trade and the countries where they're available:
| CFD account | Invest account | ISA account | |
|---|---|---|---|
| Countries where available | All eligible countries | All eligible countries | UK only |
| Available products | CFDs | Real stocks and ETFs | Real stocks and ETFs |
Unfortunately, corporate accounts are not available.
If you have an Invest account, Trading 212 has a great service for you. You can now have multiple currency balances in the following currencies: GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, BGN, HUF.
This feature allows you to deposit and withdraw the same currency as your bank account's currency to avoid conversion fees from your bank. In addition, if you buy a USD-denominated stock like Tesla you can invest USD and with an EUR-denominated share like Porsche, you can invest EUR.
You can convert your funds instantly 7 days a week at a cost of 0.15%.
How to open your account
The account opening process is easy and fully digital. New accounts are usually verified within one business day.
To open an account at Trading 212, just follow these steps:
- Provide your country of residence and enter personal details such as your email address or date of birth.
- Add tax information, including the country where you pay taxes and your tax ID.
- Select the account type and the account base currency.
- Answer questions about your financial situation, employment status and trading experience.
- Accept the terms and conditions, then activate your account by verifying your identity and residency.
To activate your trading account, you will need to identify yourself by sending Trading 212 the following:
- Proof of identity – a national ID, passport or driver's license
- Proof of address – a bank statement or a utility bill issued in the last three months
Trading 212 review – Account opening
Deposit and withdrawal
Score: 4.8/5
Trading 212 offers many free deposit and withdrawal options. On the downside, Skrill and Neteller are not available as a deposit method.
| ✅ Pros | ❌ Cons |
| ❖ Credit/Debit card available ❖ Free withdrawal | ❖ Skrill and Neteller not available |
Account base currencies
At Trading 212, you can choose from the following 12 base currencies:
| GBP | USD | EUR | CHF |
| DKK | NOK | PLN | SEK |
| CZK | RON | BGN | HUF |
Of these, only 2 or 3 account base currencies are available in each country, usually the local currency plus EUR. For example, only PLN and EUR are available in Poland.
Trading 212 offers a great base currency selection when compared to its closest competitors.
| Broker | Number of base currencies |
|---|---|
| Trading 212 | 12 |
| eToro | 1 |
| XTB | 5 |
Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won't have to pay a conversion fee.
A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.
Deposit fees and options
Trading 212 charges no deposit fees.
This is true when you deposit to CFD accounts, or if you use a bank transfer to deposit to your Invest account.
However, there is a 0.7% deposit fee if you deposit more than €2,000 in total to your Invest account using a credit/debit card or electronic wallets.
| Broker | Bank transfer |
|---|---|
| Trading 212 | |
| eToro | |
| XTB |
A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.
Trading 212 supports the following electronic wallets:
| OnlineBankingPL | Giropay | Carte Bleue |
| Blik | Direct eBanking | Apple / Google Pay |
| PayPal | iDEAL |
Not all electronic wallets are available in every country and it's not always transparent which one is available where.
In addition, you can use Revolut wire and Wise to deposit to your Trading 212 account.
Trading 212 review – Deposit and withdrawal – Deposit
Trading 212 withdrawal fees and options
Trading 212 charges no withdrawal fees. You can use the same options to withdraw funds as to deposit.
| Broker | Bank transfer |
|---|---|
| Trading 212 | |
| eToro | |
| XTB |
You can only withdraw money to accounts in your name.
How long does it take to withdraw money from Trading 212?
We tested debit card withdrawal and it took 1 business day.
How do you withdraw money from Trading 212?
- Log in to your account
- Click ‘Manage funds'
- Enter your password
- Select the withdrawal amount
- Confirm the withdrawal request
Web trading platform
Score: 4.4/5
Trading 212 has a user-friendly web trading platform with great features, like a safe two-step login and easy search. On the negative side, the platform is not customizable.
| ✅ Pros | ❌ Cons |
| ❖ User-friendly ❖ Two-step (safer) login ❖ Good search function | ❖ Limited customizability (for charts, workspace) |
| Trading platform | Score | Available |
|---|---|---|
| Web | 4.4stars | Yes |
| Mobile | 4.9stars | Yes |
| Desktop | – | No |
Trading 212 has its own in-house developed web trading platform.
The web trading platform is available in several languages.
| English | German | Dutch | Spanish |
| French | Italian | Polish | Russian |
| Romanian | Chinese |
Look and feel
The Trading 212 web trading platform is well-designed and user-friendly. You will find it very easy to use even if you have relatively little trading experience. One drawback is that the platform is not customizable at all.
Trading 212 review – Web trading platform
Login and security
Trading 212 provides a safer, two-step login.
You can set it up through a third-party authenticator app such as Google Authenticator.
Search functions
The search functions are good.
You can easily search by typing the name of the product or by browsing pre-defined categories such as stocks or indexes.
Trading 212 review – Web trading platform – Search
Placing orders
You can use the following order types:
- Market
- Limit
- Stop
- OCO
CFD and Invest accounts offer different order types and order time limits:
| CFD account | Invest/ISA accounts | |
|---|---|---|
| Market | Yes | Yes |
| Limit | Yes | Yes |
| Stop | Yes | Yes |
| Stop limit | No | Yes |
| OCO | Yes | No |
If you click to ‘buy' or ‘sell' an asset, you will be shown a trade ticket. This is very useful as it shows the important details of your order, like margin, swap rates, or stamp duty in the case of UK real stocks.
If you are unfamiliar with some of these terms or want to learn more, read our overview of order types.
There is a single order time limit you can use: Good 'til canceled (GTC).
Trading 212 review – Web trading platform – Order panel
Alerts and notifications
You can set price alerts and notifications on the Trading 212 web trading platform.
To set it up, just select the asset and click the ‘Alert' icon.
Portfolio and fee reports
Trading 212 has clear fee reports.
You can access them by clicking your username and then selecting ‘Report'. You can check your profit/loss, interest (swap points) charged or earned or your cash balance, among other information. However, we didn't find a way to export these reports.
Mobile trading platform
Score: 4.9/5
Trading 212‘s mobile trading platform is user-friendly and well designed, with great search, alert and order functions.
| ✅ Pros | ❌ Cons |
| ❖ User-friendly ❖ Good search function ❖ Price alerts | None |
The Trading 212 mobile platform is available for both Android and iOS. We tested it on Android.
The mobile trading platform is available in several languages.
| English | German | Dutch | Spanish |
| French | Italian | Polish | Russian |
| Romanian | Chinese |
Look and feel
The Trading 212 mobile trading platform is user-friendly and well-designed. Overall, we had a great experience when using the mobile app.
Trading 212 review – Mobile trading platform
Login and security
Trading 212 provides a safer, two-step login for its mobile platform.
You can log in using biometric authentication, which is a convenient feature.
Search functions
The search functions are good.
You'll find any asset very quickly and easily.
Trading 212 review – Mobile trading platform – Search
Placing orders
You can use the following order types on the mobile trading platform:
- Market
- Limit
- Stop
- OCO
There is a single order time limit you can use: Good 'til canceled (GTC).
Trading 212 review – Mobile trading platform – Order panel
Alerts and notifications
You can set alerts and notifications on the Trading 212 mobile platform.
These are available in the form of push notifications, but not via SMS or e-mail.
Desktop trading platform
Trading 212 does not provide a desktop trading platform.
Markets and products
Score: 3.6/5
Trading 212 provides real stocks/ETFs as well as CFDs (forex, stock, index, etc.). As a result, popular asset classes like bonds, mutual funds, options or futures are missing.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| Stocks | Yes | Yes | Yes |
| ETFs | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Funds | No | No | No |
| Bonds | No | No | No |
| Options | No | No | No |
| Futures | No | No | No |
| CFDs | Yes | Yes | Yes |
| Crypto | No | Yes | Yes |
This selection falls behind competing brokers. Both eToro and XTB offer more stock markets to trade on.
Stocks and ETFs
You can also invest in real stocks and ETFs at Trading 212. You can choose from an impressive portfolio of about 11,000 instruments, including more than 9,000 stocks.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| Stock markets (#) | 15 | 17 | 17 |
| ETFs (#) | 1,800 | 420 | 270 |
Forex
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| Currency pairs (#) | 179 | 52 | 57 |
This selection is great compared to competing brokers. Both eToro and XTB offer fewer currency pairs to trade.
CFDs
Trading 212 has an extensive forex and commodity CFD selection. Its stock CFD and stock index CFD selections are average, while the number of ETF CFDs is low.
| Trading 212 | eToro | XTB | |
|---|---|---|---|
| Stock index CFDs (#) | 35 | 20 | 30 |
| Stock CFDs (#) | 1,530 | 2,000 | 1,900 |
| ETF CFDs (#) | 28 | 264 | 159 |
| Commodity CFDs (#) | 28 | 32 | 27 |
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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.
Unfortunately, you can't set leverage levels manually in the trading platforms.
Changing the leverage manually can help you lower the risk of your trades. Always be careful with forex and CFD trading as preset leverage levels may be too high.
Pies and AutoInvest
You can create portfolios using the ‘Pie' function in Trading212 Invest accounts; the portfolios can be rebalanced later with a click of a button.
Each security (stock or ETF) appears as a slice of the pie, as you can see in the picture below. Each pie can hold up to 50 securities. You can create several pies.
Using the sliders, you can adjust the target weight of each slice (investment) of the pie. The target weights will determine how the invested funds will be allocated within the pie.
You can use the rebalance button any time and the algorithm will make the necessary adjustments in order to equalize the actual value and the target value of each investment. This is a handy feature if you want to restore the original weights of the portfolio.
You can also add Automatic investments to your pies by setting up ‘AutoInvest', which is a scheduled deposit that will be invested in your pre-set pie(s).
Research
Score: 3.5/5
Trading 212 offers great charting tools and fundamental data, but there is no news feed or trading ideas.
| ✅ Pros | ❌ Cons |
| ❖ Good interactive chart ❖ Data on asset fundamentals ❖ User-friendly | ❖ No trading ideas ❖ No news feed |
You can find research tools both on the web and mobile trading platforms. Research tools are available in the same languages as the trading platforms themselves.
Trading ideas
Trading 212 does not provide trading ideas.
However, you can set up a pattern recognition tool on charts. These patterns can give you possible insights into whether the price will go up or down.
Fundamental data
Trading 212 offers fundamental data.
The dataincludes historical financial statements and financial ratios.
Trading 212 review – Research – Fundamental data
Charting
Trading 212 has good charting tools. You can use 50 technical indicators.
Charting is one of the strengths of Trading 212's trading platforms. Almost all of the essential technical analysis studies are available to help your trading decisions.
Trading 212 review – Research – Charting
News feed
Trading 212 has no news feed, but we liked its economic calendar. It's helpful that you can see the most important events in one place, and it's also great that you can filter events by impact or by affected currency pairs.
Other research tools you may enjoy
Trading 212 provides a “Filter” feature, allowing you to filter stocks based on stock prices.
COMPARE RESEARCH PROS AND CONS
Customer service
Score: 3.8/5
Trading 212 offers adequate customer support overall, with fast, straightforward and relevant info provided by its helpful staff. Phone support would be a great addition though, we missed it a lot.
| ✅ Pros | ❌ Cons |
| ❖ Live chat ❖ Relevant answers ❖ 24/7 availability | ❖ No phone support |
You can contact Trading 212 via:
- live chat
When we contacted Trading 212 via email or live chat, they sent us prompt, relevant and straightforward answers. For example, we received clear answers about which account currencies we can use and how we could deposit to our account.
To use email support, you must fill out a form on Trading 212's website. We really liked that when you choose the topic of your query, you get multiple recommended articles from the FAQ section, potentially sparing you the need to interact with customer support. When we did our test, we found several articles that answered our questions.
One thing we missed though was phone support.
Customer service is available 24/7.
Trading 212 review – Customer Service
Education
Score: 4/5
Trading 212 offers text and video tutorials on how to use the trading platforms and about the basics of trading, a great feature for beginners. The only thing we missed was webinars.
| ✅ Pros | ❌ Cons |
| ❖ Demo account ❖ Trading platform tutorial ❖ Educational videos | ❖ No webinars |
At Trading 212 you can learn through the following ways:
- Demo account
- Platform tutorial videos
- General educational videos
- Quality educational articles
The education materials on Trading 212‘s website are worth checking out. They explain in an easy-to-understand way and in great detail how to use the trading platforms.
Trading 212 review – Education
Safety
Trading 212 is regulated by the top-tier FCA and provides negative balance protection. However, it is not listed on any stock exchange and doesn't have a banking background.
| ✅ Pros | ❌ Cons |
| ❖ Negative balance protection ❖ Regulated by the FCA | ❖ Does not hold a banking license ❖ Not listed on stock exchange ❖ Financial information is not publicly available |
Is Trading 212 regulated?
Yes, Trading 212 is legit, it is regulated by the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and Bulgaria's Financial Supervision Commission (FSC).
Is Trading 212 safe?
To be certain that a brokerage is safe, we highly advise that you check two facts:
- how you are protected if something goes wrong
- the background of the broker.
How you are protected
Depending on which legal entity you open your trading account with, different compensation schemes apply:
| Client country | Investor protection amount | Regulator | Legal entity |
|---|---|---|---|
| UK | £85,000 | Financial Conduct Authority (FCA) | Trading 212 UK Limited (UK) |
| EEA countries | 90% of your funds, max €20,000 | Cyprus Securities and Exchange Commission (CySEC) | Trading 212 Markets Ltd |
| All other countries | 90% of your funds, max €20,000 | Bulgarian Financial Supervision Commission (FSC) | Trading 212 Ltd |
An important point to highlight is that Trading 212 offers negative account balance protection.
Background
Trading 212 was originally established in Sofia, Bulgaria in 2004 and opened its London, UK office in 2013, which is now its de facto headquarters. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Being regulated by the top-tier FCA and operating for a long time are all great signs for Trading 212's safety.
Bottom line
Trading 212 is regulated by multiple financial supervisory authorities.
On the plus side, Trading 212 offers commission-free stocks and ETFs, while most CFD fees and non-trading fees are low as well. The account opening process is seamless and the trading platforms are user-friendly.
However, Trading 212 has a limited product portfolio, lacking popular asset classes such as bonds or options. We also found the broker's forex fees relatively high.
So is Trading 212 good? Trading 212 is a good choice for those interested in investing in equities or trading leveraged CFD products, using a great trading platform. As it offers a demo account, don't hesitate to give it a try.
FAQ
How does Trading 212 make money?
Even though it is a “zero-commission” broker, Trading 212 makes money by relying on other sources of revenue, mainly by cross-selling CFDs.
According to their own FAQ page, Trading 212 only makes money from theCFD side of the business, by applying wider spreads on some major stocks. This is called the spread cost.
Spread is the difference between the “BID” and “ASK” prices of an instrument (i.e. stock, currency pair, ETF, etc.) on the market. The spread cost charged by Trading 212 is a fee incorporated into the spread. Typically, the spread shifts based on market movements or supply and demand for a given instrument. Some brokers adjust the spreads on their platforms and make them wider to incorporate transaction costs for each order. Thus, they don’t need to charge commission separately.
Other sources of revenue include margin/leverage trading. When you trade on margin, you borrow money from your broker and you will have to pay interest or overnight fees in exchange.
Is Trading 212 halal?
Trading 212 does not provide an Islamic (swap-free) account, therefore it is not necessarily considered halal.
However, some argue that it is okay to use this platform if you only use the Invest side of the broker, as you’ll only be able to trade real stocks, some of which – upon proper screening – may be considered Shariah-compliant.
Is Trading 212 legit?
The “legitness” or safeness of a broker depends on many things. To be certain, it is always a good idea to check
- how you are protected if something goes wrong
- what the background of the broker is.
Depending on which country you open an account from, you are protected by different legal entities.
Trading 212 was established in 2004. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Being regulated by the tin operation for a long time are all great signs for Trading 212's safety.
Trading 212 contact number
Trading 212 does not have an active phone line for clients. They are available for questions via their live chat or ticketing/email system 24/7.
Trading 212 promo code
Trading 212 often runs promo code campaigns. With a promo code, you can get all kinds of perks (e.g. free shares). The promo codes are distributed via affiliate sites and the max number of free shares you can get is 3 per account.
You can also get free shares by inviting friends to join the platform.
Trading 212 Reddit review
Trading 212 has a sizable Reddit community at r/trading212, with almost 40,000 subscribers. They also have their own Discord channel.
The Reddit sub was created in 2015 by users to discuss matters related to Trading 212 – news, trading ideas, service developments and so on.
Generally, the subreddit has an “okayish”” view of the broker. Most comments say that it can be great for long-term investors as their fees are low and they have a great selection of stocks and ETFs. However, the massive shutdown in Q1 2021 resulted in multiple users leaving the platform. The most “upvoted” posts on this subreddit are critical and angry posts about Trading 212’s service and how the broker wasn't able to properly handle the new wave of users on their sites (e.g. crashes, server errors).
Is Trading 212 a scam?
Trading 212 is considered safe as it is regulated by the top-tier FCA as well as other regulators, such as the Cyprus Securities and Exchange Commission (CySEC) and Bulgaria's Financial Supervision Commission (FSC).
Trading 212 waiting list and waiting list times
In Q1 2021, Trading 212 introduced a waiting list for new customers in response to the surge of new clients as part of the GME craze.
The waiting list was in effect until Q4 2021, which is considered an exceptionally long time. Up until that point, no new users could open an account. It is unclear why Trading 212 didn’t solve this issue for such a long period.
Currently, account opening is available for EEA residents. Clients from other countries can also open an account, but approving their request could take much longer.
Trading 212 Invest vs ISA
When it comes to investing with Trading 212, the company provides two solutions: either a regular account or an Investment Savings Account (ISA) account (if you are a UK resident).
ISA account holders can invest tax-free up to an annual allowance/limit, which is usually £20,000. If you open a regular account at Trading 212, you will not be entitled to the tax breaks and tax benefits attached to the ISA.
Below you can find links to all aspects of Trading 212 in this comprehensive collection.
Lower fees, lower costs?
We detailed this in our Trading 212 fees article.
What about the minimum deposit?
Our ultimate guide to the Trading 212 minimum deposit is updated regularly.
How to start your Trading 212 account?
Look no further than our evaluation of the Trading 212 account opening.
How's their trading app?
Here's our expert view after checking the Trading 212 trading app.
Is the quality of customer service satisfactory?
All you need to know about Trading 212 customer service.
Is this broker good for beginners?
We checked it in Is Trading 212 good for beginners.
Should you buy your silver bullets on Trading 212?
Research for silver bugs in the Silver buy on Trading 212 guide.
I want to trade options, are they available at Trading 212?
We explored the topic in Can you trade options on Trading 212?
What is the minimum account balance at Trading 212?
Check out the current account balance requirements at Trading 212 in our What is the minimum account balance at Trading 212 article.