Trading 212 Review is a relatively new player in the DIY investment space and has become a hit with beginner investors due to its user-friendly interface and commission-free stock dealing. It also offers a range of innovative features such as fractional shares and Pies. It has built a solid reputation, with app store reviews and Trustpilot scores praising its ease of use and educational materials.
However, its lower forex spreads and limited customer support tools may be off-putting to more experienced traders. Furthermore, the platform is missing some advanced features such as a pro-level analysis and customization tools that rivals like IG and eToro offer.
Trading 212 Review: A Comprehensive Look at Fees, Features, and More
The good news is that Trading 212 follows strict financial regulations and is a member of the FSCS (UK) and ICF (EU), meaning clients are protected up to 85,000 in the unlikely event that it fails. It also offers a free practice portfolio and a debit card with cashback up to £ 20 per month. Additionally, it pays interest on any uninvested cash and charges no platform fee for the flexible stocks and shares ISA wrapper, which is great news for long-term investors. Finally, the site has a bank of content through its ‘Learn’ tab to help users understand key concepts and terms. But it does not publish trading analyses or third-party research, and the educational materials are largely investing-focused. These drawbacks are a minor quibble but could be a deal-breaker for some users.