Trading212 Review: Is this broker legit, safe and trustworthy for Indians?
Review: Trading 212 is regulated by the Financial Conduct Authority.
Review: The broker offers hundreds of stocks from companies based in the United States, Germany, Sweden, and China.
Furthermore, Trading 212 provides a wide range of ETFs, commodities, and stock indexes in which you can invest your money.
Review: In addition, the platform offers one of the cleanest and most intuitive interfaces on the market, which makes it particularly enticing to rookie traders who are just getting started.
There are no trading fees or charges on equities or exchange-traded funds (ETFs).
An online broker founded in 2004 by Avus Capital and regulated by the Financial Conduct Authority (FCA) in London.
Trading 212 is a popular choice among traders in India.
Review: Trading 212 has an uncommon aspect in that it was originally located in Bulgaria, which is unusual considering that the majority of brokers have their headquarters in Cyprus, the Seychelles, the United Kingdom, or the United States. Because of the wide range of assets that the broker provides, it has become a household name among traders in the United Kingdom. Over the last few years, Trading 212 has been increasing its business operations.
Review: Users have a wide variety of deposit and withdrawal methods available to them through the broker.
This is a positive development because it allows traders from all around the world to utilise Trading 212 as their broker.
Review: Furthermore, the broker provides thousands of stocks, as well as a large number of FX and commodities, for you to trade in. This provides you with the opportunity to construct diverse portfolios, which is extremely valuable because the majority of successful portfolios include diversification in terms of asset classes as well as the types of assets invested within each asset category.
Review: The broker has a very user-friendly interface that includes numerous usability elements such as customised dashboards. Aside from that, the broker offers a variety of useful charting tools that can be extremely useful in making informed investment selections. (You can find a thorough study of the broker's interface in our section on ease of use, which is located below.) The fact that the broker is regulated by a tier-1 regulator adds significant value to the transaction.
Review: Additionally, the broker offers customer care 24 hours a day, five days a week, which can be a disadvantage for consumers who trade on weekends. Because this means that if you get into problems and seek assistance, you will be unable to receive assistance on weekends (Check out our customer service section below for detailed analysis on the customer support offered by the broker). Trading 212 also includes some limited research resources in terms of advanced statistical tools, however these are outweighed by the benefits of trading. In addition, the broker charges high forex spreads, which might make trading prohibitively expensive. It is therefore possible that those who trade forex will be unable to trade some pairs that are prohibitively expensive, if they do so at all.
This form of trading account allows users to trade equities and exchange-traded funds (ETFs) without paying commissions. If you want to trade equities and exchange-traded funds in large quantities, this account type is for you.
Review: Offers stock indices, stocks, and FX trading, as well as leverage trading, which can assist you in trading in large quantities if you have been schooled in leverage trading. Because leverage trading can be extremely hazardous, we recommend that you proceed with caution if you are a beginner.
Review: Dealing with contracts for difference (CFDs) is extremely dangerous because you are attempting to predict the price of an underlying asset. When traders invest in CFDs with a variety of brokers, they lose money in excess of 70% of their transactions. As a result, you should only invest in CFDs if you have a thorough understanding of how CFDs operate. Now, let's take a quick look at some of the advantages and disadvantages of working with this broker.
Review: The excellent thing about Trading 212 is that there are no deposit, withdrawal, or inactivity fees to worry about with this broker.
Review: The fact that there are no withdrawal costs or inactivity fees with this broker represents exceptional value, as most brokers charge various withdrawal fees and inactivity fees, which can catch you off guard at the worst possible moment.
Consequently, you do not have to be concerned about using your Trading 212 account on a regular basis or even at all.
Review: Trading fees and spreads are the primary sources of revenue for brokerage firms. Some brokers, depending on their business strategy, will not charge you commissions every time you trade, but they will make their money by charging you spreads. Others will demand commissions, but will give extremely tight spreads in exchange. Every aspect of the fees you'll be required to pay when trading with this broker is covered in detail in this section.
Review: Having no commission fees implies that Trading 212 earns its money through spreads rather than commissions. Forex spread rates are a type of commission that the broker charges for trading this asset, and they are calculated as follows: In monetary terms, one pip is equal to 0.0001 of a dollar.
Review: When compared to other brokers, the spread rates are a little on the pricey side. Traders can take advantage of spread prices as low as 0 pip with brokers such as Tickmill, for example. When it comes to forex trading, you can also take a look at HotForex, which is a pretty good broker that not only offers some reasonable forex rates, but also a wide range of trading options and services.
Review: Trading 212's stock index spreads are also quite pricey compared to other brokers. For example, the S&P 500 index is a widely traded index, and the spread rate of 6 pips is a little too high in this case.
The Europe 50 CFD, on the other hand, has a respectable rate of 1.4 pips.
Trading 212 does not charge commissions on stocks or exchange-traded funds (ETFs). Because traders such as XTB might charge up to $10-$12 in commissions for a trade for $2,000 or more, this represents excellent value for users.
The fact that there are no non-trading fees and no commission fees means that the broker receives an excellent score of 8. Due to the high cost of FX and stock index spreads, it only loses a couple of points in this category.
Review: You may open a Trading 212 account for as little as $1, which is a small amount of money to start trading. This is an extremely beneficial feature because it eliminates the need to make a large initial investment in the platform and allows you to simply test the platform before deciding whether or not to make it your primary trading partner. This broker receives a flawless score in this category because of the nearly non-existent minimum initial deposit required.
Review: The fact that you can get started without having to invest a significant amount of money implies that virtually everyone can test out the broker.
Review: Trading 212 provides traders with a mobile and web-based platform; however, it should be noted that the broker does not provide a desktop-based trading platform. Trading 212 also has a collaboration with Meta Trader 4, which means that if you choose, you may access a desktop platform for Trading 212 through Meta Trader 4.
Review: The interfaces of Trading 212's mobile and web programmes are very similar. Both applications offer extremely user-friendly interfaces and usability. The beautiful part about the interface is that it provides a plethora of customising possibilities. As you can see in the screenshots below, the interface is clear and uncomplicated, and it provides a plethora of usability options. You may also take a look at the image below to gain a better understanding of how the platform operates.
The use of research tools can aid in the process of making timely purchasing and selling decisions. Some of the research tools that Trading 212 provides are discussed in greater detail below.
Review: In order to comprehend the underlying trends beneath your data, charting tools are useful, and Trading 212 has some excellent charting tools that you can alter in order to create your own unique types of trends and patterns. On the following image, you can see an example of the charting tools available. The UI is extremely comprehensive while remaining clean.
Review: Trading 212 offers a restricted news feed feature, in which you may get some generic articles about various assets rather than a comprehensive picture of individual asset alternatives, which is disappointing. This may be due to the fact that the broker does not have a dedicated market research team at this point in time. Furthermore, they are devoid of any fundamental data functionality. Fundamental data consists mostly of financial indicators and their historical patterns; they can be used to aid in the decision-making process when buying and selling securities, and their absence indicates that the broker loses a few points.
Review: Trading 212 exclusively delivers the most fundamental daily technical reports on a variety of assets. Prior to making any investments based on trading ideas, we recommend that you complete your homework and conduct your own research. This is because you may reach different conclusions based on your own study.
Review: Meta Trader 4 is one of the most widely used trading systems in the world, with hundreds of brokers using it all around the world. In terms of graphics, the interface of Meta Trader 4 is not particularly user-friendly, since it has obsolete graphics that need to be updated to be more user-friendly. Meta Trader, on the other hand, is a complete package when it comes to having sophisticated charting tools and statistical tools at one's disposal. It is possible that this is the reason why the platform is home to hundreds of brokers, as it covers all of the fundamentals and gives you with a firm foundation in trading techniques. The platform, in our opinion, is perfect for individuals who are professional traders and have been trading for a long period of time, albeit it might be a little confusing and intimidating for new traders to begin with.
Review: A great deal of detail is offered in the form of statistical measurements that users can use on the Meta Trader 4 platform that is provided. It is a disadvantage that the graphics of the programmes are a little out of date; nevertheless, this is something that the platform can, and perhaps should, address. The Meta Trader 4 platform can be intimidating for newcomers to learn, but it can be a lot easier for experienced traders to use. The fact that it is prevalent in the market and that professional traders may have used it in the past may induce them to be accustomed to it in the future.
Review: In terms of customizability, it provides a plethora of options. For example, you may define your own metrics for evaluating your assets and create your own dashboards to display your results. Furthermore, you can use your mobile device to set up notifications for price changes and other market moves, for example.
Review: In addition to supporting hundreds of online brokers, the Meta Trader 4 platform is available on a global scale. One advantageous characteristic of the platform is that it is available in a large number of languages, which allows it to be used by the majority of the world's population.
Review: The platform supports a large number of the most widely spoken languages throughout the world.
Review: Users from all over the world who want to trade in their native language will find this to be an extremely valuable resource.
Review: Considering the fact that they provide a trend of prior price swings and the variances linked with an asset, the charting tools are of reasonable value. Nonetheless, the charting interface appears to be ripped straight from the pages of an old Sega game from the 1990s.
Review: Given that Meta Trader is one of the most commonly used trading platforms in the world, the company should do a lot more to improve the interface. Their performance in terms of increasing and boosting the overall user experience and usability of the platform might be improved further.
Review: Also available is a Robo advice, which assists you in making judgments based on historical market trends as well as predictions of future market trends, according to the broker. Robo advisors are becoming increasingly popular among investors since they may aid you in making trades based on a variety of criteria that you may not have considered previously. However, we at Yoreoyster encourage you to conduct your own study before making an investment decision because you may be able to analyse some elements that are not taken into consideration by the AI-driven automated systems.
Review: The broker features a well-designed proprietary platform with a straightforward user interface. Furthermore, the broker provides consumers with the option of using the Meta Trader 4 platform, which adds to the diversity of options available. Because a large number of expert investors are accustomed to using the Meta trader 4 platform, it is beneficial that the broker provides this alternative to its customers. Because the broker does not have its own desktop proprietary platform and does not provide advanced statistical tools in conjunction with the broker's own platform, it only loses a couple of points on this scorecard.
Review: Deposit choices provide you the ability to use your funds in a variety of ways depending on your preferences. Often, brokers will only accept certain payment methods, such as bank transfers or wire transfers. Trading 212, on the other hand, is up to date with the times and provides a variety of deposit options.
Review: Trading 212 receives a perfect 10 in this category due to the extensive 360-degree alternatives it provides, which implies that the broker has you covered by providing you with options that the majority of brokers do not provide.
Review: By providing you with a variety of withdrawal options, you have the flexibility to use your cash in a variety of ways. Often, brokers will only accept certain payment methods, such as bank transfers or wire transfers. To be on the cutting edge, Trading 212 provides a variety of methods for you to withdraw your winnings from the platform.
Review: The broker receives an easy 10 in this category without any reservations because it goes the extra mile to accommodate the needs of its clients who live in various parts of the world. The majority of the time, brokers do not adjust their platforms to meet the specific needs of users in different parts of the world. However, Trading 212 genuinely goes the extra mile to ensure that individuals from all over the world can use the platform and deposit funds in the manner that they deem appropriate, and as a result, the platform genuinely provides some really good value for investors from all over the world, earning it the perfect score.
Review: Customer service is extremely crucial for consumers, especially when their hard-earned money is at stake and they encounter a problem that puts their funds at risk. Customer service is available 24/7. When it comes to the client service provided by Trading 212, the broker receives overwhelmingly excellent feedback.
Let's take a look at the many customer service alternatives available to you, as well as the effectiveness of those options.
Review: On weekdays, the broker provides timely help across a variety of platforms and is available 24 hours a day, five days a week. Phone help and live chat are available in a matter of seconds or minutes at the most. The vast majority of email enquiries are responded to within a few minutes. The assurance that they can rely on the broker in times of need is especially important given that some other brokers do not provide sufficient support across platforms, which can be stressful for some customers. Some brokers also provide dedicated account managers to assist new traders in getting started in the market. This can be quite beneficial to anyone who want to become a successful trader. The broker should seriously consider providing dedicated account managers to assist in the recruitment of new traders and the introduction of inexperienced traders to the platform.
Review: The broker receives a solid 8 rather than a perfect score because it does not provide a dedicated account manager, as Capital.com does, and also because it provides a 24/5 customer service rather than a 24/7 customer service, which can be critical in terms of receiving timely and necessary assistance and assistance.
Review: Investments in stock indices are an excellent way of reducing risk in portfolios because you are placing your money into weighted indices, which means that you will not be exposed to large movements in the stock market. For example, the Lyxor Bel 20 Index indicates that the prices of all 20 companies included in the index would have to fluctuate dramatically in order to result in a significant loss or profit. The disadvantage of investing in indexes is that you are unlikely to make large profits in the short term; nevertheless, most people make substantial profits over the long run by properly selecting and managing their indices. Investors sometimes include stock indexes in their riskier portfolios as a way of ensuring that the overall risk of their investment is reduced as well. Users will find the alternatives provided to be extremely beneficial because they have access to 30 cutting-edge world indexes in which to invest in order to hedge against risk.
Review: The large number of asset alternatives that the platform provides distinguishes it from a large number of other brokers.
Review: There is only one weakness in the platform's portfolio of asset possibilities, which is that it does not offer bonds, which results in it receiving an 8 instead of a perfect 10 in this category.
Review: Trading 212 offers a referral programme in which you mention a friend and, after your friend registers on the platform, you receive free stocks up to the value of $100 in exchange for your referral. As a new user, this is a convenient feature provided by the platform, as it allows them to try out the platform with their friends and family members.
Review: Since most brokers do not offer referral programmes, they are missing out on an opportunity to recruit new traders who prefer to trade in groups of two or more people. In our database, there are brokers who give significantly greater incentives than the broker in question, which is why the broker only receives a 4 rating here.
Review: To get you started with trading, the broker provides you with £50,000 in fictitious money. Users will get a lot of bang for their buck with this. Because if you are new to trading, you can gain a head start by using a demo account before putting real money into your trading account. The fact that the broker provides you with 50,000 in fictitious currency provides you with a great deal of opportunity to learn about trading and how the platform operates in practise.
Review: Furthermore, you can learn how to construct high-performing portfolios on demo accounts before attempting to replicate similar results on your actual account. As of right now, there is no time limit on the trial account, which is an excellent preparation for an actual trading account.
However, while the instructional tools provided by Trading 212 are minimal, they allow you to learn how the platform works and how to trade different assets, and from there, you can build on your knowledge of when and how to trade different assets for a profit.
Review: The excellent demo account, together with the adequate instructional resources, results in a solid 8 for the broker in this category. Due to the fact that it does not provide extensive courses or regular webinars that can assist traders in remaining up to date with the current market situations, it loses a couple of points.
Review: The broker is subject to stringent regulation by the Financial Conduct Authority (FCA). In Bulgaria, it is likewise strictly regulated by the authorities. In order to maintain compliance with tight codes of rules and regulations, the broker must be regulated by a tier-1 body such as the Financial Conduct Authority (FCA). Furthermore, the broker provides a two-step regulatory process, which allows you to utilise the programme without fear of being hacked and makes you less vulnerable to hacking. We appreciate that Trading 212 has implemented 2 step verification, as many brokers still do not provide this service, and it can be quite beneficial in preventing any unwarranted hiccups in trading.
The fact that the broker provides two-factor authentication and is regulated by the prestigious FCA means that the overall result for this dimension is a perfect score of 100 points.
Review: A very powerful asset portfolio and a wide range of asset alternatives are available at Trading 212, which includes hundreds of indexes, equities, and a large number of commodities and exchange-traded funds (ETFs). Furthermore, the platform provides you with a large number of deposit and withdrawal choices, which is something that many brokers do not provide. The Trading 212 platform also boasts a user-friendly layout with some excellent usability features, and as a result, we would suggest it as a reliable platform for anyone interested in investing or trading.
Review: While Trading 212 is an excellent platform, we believe that Capital provides significantly more value to traders. We are confident that the majority of investors will be quite satisfied with Capital, which offers cryptocurrency trading as well as an award-winning customer support team. Today is the day to apply with confidence.
Review: Trading 212 is primarily a forex and CFD broker, but traders can also buy and sell equities and exchange-traded funds (ETFs) without paying any commissions. You can pick between three different account types depending on your trading preferences and the thousands of financial instruments available to trade.
So, does this broker satisfy your trading requirements and objectives? To help you choose the best broker for your needs, we'll go over all of the important parameters, like as fees, commissions, payments, and security, in this Trading 212 review.
Review: Trading 212 is a UK-based fintech trading platform that makes online trading accessible to all types of investors through commission-free trading and user-friendly interfaces. Trading 212 was founded in 2004 and is headquartered in London. Clients of Trading 212 can buy and sell forex, stocks, ETFs, and other financial instruments with the touch of a button.
A pioneer in the financial sector, Trading 212 was the first brokerage firm in Europe and the United Kingdom to offer zero percent fee stock trading, allowing millions of traders to participate in the stock markets at a low cost.
Review: Trading 212 is authorised and regulated by the FCA (Financial Conduct Authority) in the United Kingdom, as well as the Financial Supervision Commission in Bulgaria, in terms of regulatory compliance. Furthermore, client monies are maintained in segregated accounts and are covered by the Financial Services Compensation Scheme up to a maximum of £85,000 in the event of a financial disaster (FSCS).
Review: According to Trading 212, their mobile trading software has received more than 15 million downloads and has been rated by more than 180 thousand users, making it one of the most widely used trading apps currently available. Trading 212, on the other hand, has temporarily suspended account opening as they attempt to expand their services in response to exceptional demand. You can join a waiting list for the time being by providing your email address, and Trading 212 will notify you when a new account can be opened.
Review: A variety of investors can benefit from the three different account kinds that Trading 212 offers them to pick from. The CFD account allows you to trade on all major markets, including over 2,500 instruments such as FX, equities, commodities, and indices. You can even trade on smaller markets such as the NASDAQ and NYSE. One of the broker's most attractive selling factors is the fact that all trading instruments are offered at a zero commission rate. This means that you just have to pay the spreads that are competitive in the market.
Review: For their part, the Invest and ISA accounts provide access to more than 10,000 real stocks and exchange-traded funds (ETFs) with instant execution on the world's major exchanges, such as the London Stock Exchange, the New York Stock Exchange, the Nasdaq, the Frankfurt Stock Exchange, Euronext Amsterdam, the SIX Swiss Exchange, and the Madrid Stock Exchange.
Trading accounts, including CFD trading, Invest, and Individual Savings Accounts are available for customers to choose from.
Profit from a zero percent commission and attractive spreads when trading stocks, currencies, exchange- traded funds, commodities, and more.
App for mobile trading that is highly regarded and has received more than 15 million downloads. It is compatible with Apple and Android mobile devices.
More than 2,500 CFD products are available, including more than 150 currency pairs and more than 30 indices.
Client monies are maintained in segregated bank accounts and are covered by the Financial Services Compensation Scheme (FSCS) up to a maximum of £85,000 in value.
The Financial Conduct Authority (FCA) of the United Kingdom regulates this institution.
Provides protection against negative balances.
With a single click, you may place several order types, including stop loss and take profit orders.
Numerous educational tools, including a YouTube channel, are available.
AutoInvest allows for fully automated trading.
With fractional share trading, you can start investing with as little as $1.
With a Trading 212 Invest account, you'll have access to more than 10,000 genuine stocks and exchange-traded funds (ETFs).
There are a variety of payment alternatives available.
CFD account customers have the ability to trade stocks, stock indexes, FX, ETFs, and commodities through their accounts.
Before we go any further, it's crucial to understand what contract for difference (CFD) trading is about.
Review: So, what are the advantages of entering into a contract for differences? In order to buy or sell a CFD, you must exchange the difference between the price of the underlying asset when you open the position and the price of the underlying asset when you close it.
Review: Because you just have to deposit a percentage of the deal's value to open the trade, CFD trading allows you to leverage your investment capital, allowing you to boost the purchasing power of your investment capital. As a rule, the margin is referred to as the initial deposit. Despite the fact that leverage might help you maximise your prospective profits, it can also work in the opposite manner, amplifying any potential losses you might incur.
Review: Furthermore, because CFDs are speculative in nature, you can choose to trade at the purchase price if you believe the market is likely to rise, or you can trade at the sell price if you believe the market is going to fall. This is referred to as "going long" and "going short" in the investment world.
Review: Forex CFDs allow you to trade more than 150 different currency pairs, including major and minor, as well as exotic currency combinations. The margin requirement for major currency pairs is 3.33 percent, while the minimum for non-major currency pairs is 5 percent. The minimum amount of currency that can be traded varies based on the currency pair that you select. A minimum traded quantity of 500 and a margin rate of 3.33 percent are required for the EUR/USD pair, but the minimum traded quantity of 5,000 and a margin rate of 5 percent are required for the EUR/PLN pair.
Review: The margin requirements for your open positions with a Trading 212 CFD account vary based on the trading instrument you are using. As a result, the margin requirement for spot gold is 5 percent, while the margin requirement for other commodities is 10 percent.
Review: Customers with a Trading 212 CFD account have access to a diverse choice of commodities such as energy, precious metals, and agricultural products. Also available are commodity futures contracts such as Chicago SRW wheat, coffee, copper and crude oil, among many others. There are a variety of minimum order sizes ranging from 0.001 to 1.
Review: Trading 212 investors have access to thousands of equities that are traded on the world's most important stock exchanges, including the London Stock Exchange, the New York Stock Exchange, the Nasdaq Stock Market, and the SIX Swiss Exchange, among others. In light of the foregoing, you will be able to trade virtually all of the equities that comprise the FTSE 100 and S&P 500 indexes, as well as a plethora of stocks from continental Europe and Hong Kong.
Trading CFDs on stock indexes such as the Euro Stoxx 50, the German 30 and the Japanese 225, the SPX 500 and the FTSE 100, as well as the US 30 are also available.
With Trading 212 Invest and ISA Accounts, you can trade stocks and ETFs without paying a commission.
Review: Trading 212 Invest and ISA accounts provide access to more than 10,000 equities and exchange-traded funds (ETFs). Invest account members can also diversify their investment portfolios by using AutoInvest, which builds an investment strategy based on your trading needs and objectives and executes it automatically. With automated trading, you can put funds into your account and automatically invest gains into your investment pie. Each stock and exchange-traded fund (ETF) you select to invest in will contribute to the creation of the pie slices in your portfolio.
Review: Furthermore, you can make investments in fractional shares starting at just $1 per share. Put another way, you can invest in the most expensive shares of Amazon, Apple, and Google stocks with as much money as you have available to you. With the stroke of a mouse, you can even buy in as little as 0.001 of a share.
Review: Trading 212 is a free trading platform that is well-known among the investment community for its ease of use. This means that all trading instruments supported by the CFD broker are commission-free, with the CFD broker earning the majority of its revenue from the spread on trades.
Review: Importantly, when compared to other online brokers, the spreads charged by Trading 212 can be slightly higher than the industry average. For example, if you wanted to trade the EUR/USD major currency pair, Trading 212 would charge a spread of 1.4 pips, whereas eToro would charge a spread of just 1 pip. Trading 212 charges a spread of 1.4 pips.
Review: The bulk of equities in the United States and the United Kingdom trade with an average spread of 0.50 percent. Trading low liquidity share CFDs with Trading 212, on the other hand, might result in spreads of nearly ten percent, according to the company.
When you invest in stocks through an Invest or ISA account, you will not be charged any commissions or fees. ISA and Invest accounts at Trading 212, therefore, allow 100 percent risk-free trading for the vast majority of traders.
Aside from that, the costs of non-trading fees are kept to the absolute lowest possible level. In addition to having no withdrawal fees or account fees, there are no inactivity fees, which is particularly advantageous for long-term traders.
Review: Overall, Trading 212 is a discount broker that offers a diverse selection of equities and exchange-traded funds (ETFs), as well as CFD derivatives, including more than 150 currency pairs for forex trading, among other things. Starting with fractional share trading, Trading 212 is an excellent option for new traders wishing to gain exposure to major stock markets while also utilising the The user interface and design are simple, straightforward, and intuitive to use. There are two options for you: either the web-based trading platform or the mobile trading app, which is compatible with both iOS and Android smartphones and tablets.
Review: It is possible to browse the trading platforms and utilise them comfortably and competently even if you have little or no prior trading expertise.
Review: You have the ability to personalise the trading terminal to meet your specific trading preferences and requirements.
Review: Trading212 offers two-factor authentication for security and login into your account, which allows you to access your trading account only after providing two or more pieces of proof, one of which is a verification code that is delivered to you through email or SMS.
You can also find assets quickly and easily using the search option, which allows you to either type a specific instrument's name into a search bar at the top of the platform or browse through assets by category, such as currencies or commodities.
With the press of a button, you can set up price alerts and push notifications on completed orders, margin calls, and other events.
Review: The trading212.com website, on the other hand, is extremely user-friendly, with a clear and well-designed layout where you can find all of the vital information you need, from metrics such as tradable assets to trading terms, as well as a useful educational section under the Learn tab that includes educational videos and a community forum, among other things.
Overall, Trading 212 provides a user-friendly online trading environment that will appeal to both experienced and novice traders.
Review: Trading 212 is a complete web-based trading platform that can be used for both CFD and stock trading transactions. This trading platform has many useful features, like the ability to manage many charts on a single screen and the watchlist in the sidebar, which allows you to monitor any chart and even place an order without opening a new tab.
Review: When it comes to technical charting, Trading 212 provides access to more than 60 technical indicators, including the moving average convergence divergence (MACD) and Bollinger Bands. Candlestick, Heikin-Ashi, and line charts are among the chart styles offered, and time durations ranging from one minute to one month are also available for selection.
Review: Another useful charting feature is the ability to identify patterns, which is another wonderful function.
Thus, when you examine charts, the pattern detection algorithm outlines patterns such as bullish and bearish trends, among other things.
Review: Trading 212 also provides drawing tools, such as Fibonacci retracements and Elliot wave tools, to help you chart your trades. You can also store your charts, complete with all adjustments, as a template, so that you can use them again and again.
Review: What exactly is AutoInvest, and how does it function? Trades can be made automatically with Trading212's AutoInvest tool, which allows traders to build a deposit schedule for one or more portfolios (referred to as pies), assign an appropriate payment method, and invest automatically based on trading parameters that you choose.
Review: When the Pie System was designed and developed, it was done so to assist traders in reaching their financial objectives by providing a solution to two major sticking points: As markets continue to rise and fall, it is important to maintain a diverse investment portfolio for long-term trading tactics.
Review: The ability to fund your portfolio without having to rely on laborious computations to allocate the appropriate amount of capital to each asset you own in order to maintain a properly balanced portfolio What AutoInvest does is that all you have to do is establish the investing criteria, and the automated trading software will take care of the rest.
Review: In terms of the basics, a pie is a collection of both exchange-traded funds (ETFs) and stocks. It is possible to have up to 100 assets in a single slice of the pie, with each pie holding up to 100 assets. Example: If you deposit $1,000 into a pie that has 5 slices each with a 20% profit margin, the automatic allocation of $200 will be made to each slice of the pie.
New traders can take use of a free practise account with virtual funds of £50,000, which allows them to practise trading in a risk-free simulated environment.
Review: While there are no deposit fees associated with bank transfers, there is a 0.7 percent deposit fee associated with deposits of more than $2,000 made using a credit card, debit card, Google Pay, Apple Pay, Skrill, iDeal, DotPay, GiroPay, or Sofort, among other methods.
The minimum amount you can deposit and withdraw varies based on the type of account that you have opened. This is $1 for the Invest and ISA accounts, and $10 for the CFD account, respectively.
Review: In most cases, bank transfers take two to three business days, whereas payments made with a credit card, debit card, or e-wallet are deposited to your account immediately.
In exchange for inviting and referring your friends to open a live trading account with Trading 212, both parties are eligible to get a free share with a value of up to $100 in value.
Given that Trading 212 is authorised and controlled by the Financial Conduct Authority in the United Kingdom as well as the Financial Supervision Commission in Bulgaria, we believe that this CFD broker is a secure choice for traders.
Review: Furthermore, all client assets are stored in separate bank accounts to protect their confidentiality. Thus, your funds are kept separate from the broker's capital. If Trading 212 decides to liquidate its shares, segregation of client funds is critical to ensuring that client funds are not lost.
Additionally, if the broker goes out of business, the Financial Services Compensation Scheme (FSCS) will compensate you up to £85,000, and the ICF Bulgaria will compensate you up to 20,000 euros.
Finally, Trading 212 provides negative balance protection, which means that you will not be able to lose more money than you already have in your trading account balance.
Sites like Trading212
Here is the list of brokers where Indians can trade Forex, Shares, CFDs, and Cryptocurrencies (Bitcoin, Ethereum):
- Olymp Trade - Facebook, Twitter, YouTube, Twitch, Reddit, Quora and Google Search user activity suggests that this one is gaining a lot of traction
- Quotex - Picking up steam in India in terms of popularity. Also famous in the US.
- OctaFX - OctaFX provides an entry-level, low-cost MetaTrader platform in addition to its social copy-trading platform.
- Binance - Great for investing in cryptocurrencies and is also an exchange platform.
- ExpertOption - Extensive instructional materials are made available by ExpertOption to its customers.
- 5paisa - 5paisa Capital Ltd is a publicly-traded and professionally managed firm.
- Kotak Securities Limited. - They have shown that they are deserving of the title of well-known and well renowned full-service brokerage business.
- RoboForex - Users from a variety of various backgrounds may be guaranteed of a flawless trading experience.
- VantageFX - Vantage completes its MetaTrader platform suite offering with support for numerous social trading platforms.
- Capex - It has swiftly established a reputation for itself by providing an enormous variety of complicated trading tools.
- PocketOption - Pocket Option is one of the most reputable binary options trading platforms.
- ThinkMarkets - Multi-regulated broker that specialises in forex and contract for difference (CFD) trading.
- Trader's Way - Trader's Way forex brand, is approved and controlled by the CySEC (Cyprus Securities and Exchange Commission).
- IQ Option - At the moment, this broker has more than 48 million registered users and processes more than a million transactions per day.
- Karvy - It is one of the most well-known brokerage businesses in India, with its headquarters in Hyderabad.
- Markets.com - An excellent choice for traders looking for a comprehensive and dependable online platform.
- Capital.com - A multi-award-winning worldwide investment broker that originated in the United Kingdom.
- Trade.com - A premium brand, it provides a robust infrastructure as well as cutting-edge software.
- Sharekhan - The full-service broker was once affiliated with SSKI and was recently bought by the BNP Paribas Financial Services Group.
- Alpari - One of the world's biggest forex brokerage firms.
- iForex - A well-known forex and CFD broker that provides a wide range of tradable assets
- Exness - Exness a legitimate company in terms of usability.
- FP Markets - An Australian CFD and FX broker founded in 2005.
- IC Markets - A top-tier broker for serious Forex traders, and it is regulated by financial regulators.
- FBS - Its brokerage platform provides access to worldwide markets.
- XTB - This Polish broker is one of the largest publicly traded Forex and CFD brokers in the world.
- Hugo's way - Registered in the Seychelles; it's a new player in the social trading arena.
Tweets by Trading212
Written by Swarna Shrivastav
I'm an investment banker. But I also write for, and fact-check articles published by ForexBrokers.co.in. Full Bio.
Copyright ForexBrokers.co.in. All Rights Reserved.