Trading 212 Review
Trading 212 review is one of the world’s top trading apps with over 15 million downloads and a rating of 4.6 out of 5 on Trustpilot. They make investing fun and are great for beginners. There are some rules to be aware of before you start using the app like age and residency requirements but generally you should be able to open an account within a day of applying.
The app is easy to use with a clean layout and a number of useful tools. It also has a handy help centre and is available in over 30 languages. However, the range of investments is limited to stocks and ETFs (Exchange Traded Funds) and there are no mutual funds which may be a drawback for some investors. It’s also one of the few trading platforms to offer fractional shares which makes it easier to buy small amounts and build up your portfolio.
Insider’s Perspective: A Comprehensive Trading 212 Review
On the web platform, Trading 212 offers solid charting with five different types of charts and 45 indicators alongside 19 drawing tools. It’s also possible to create your own charts and save them which can be a big plus for more advanced traders. The firm takes security seriously and implements rigorous data encryption and two-factor authentication (2FA) for its clients’ accounts.
The broker is regulated by the FCA and other leading financial authorities in Europe. They are part of the Financial Services Compensation Scheme in the UK which provides up to PS85,000 worth of compensation if something goes wrong.