TRADING212

About company:

Broker Trading 212 is a subsidiary of Avus Capital UK Ltd. and Avus Capital Ltd .. Offers Forex and CFD trading. Trading212 parent companies are authorized and monitored by the FCA. The company's offices are located in Spain, Germany, the Netherlands, Romania, Poland, France, Italy and other countries. The number of the company's clients exceeds 250 thousand people.

 

Products and services

The broker has access to the world's largest markets. Foreign exchange market Forex, more than 150 pairs of foreign currencies. Clients have access to stock and commodity markets, as well as trading over 30 indices.

 

Features of the company

Since January 2016, the broker has repeatedly been named the most popular trading company in the UK. At present, he is actively developing other regions. It can be noted that Trading 212 allows investors to make 10 trades per month, each of which costs up to £ 10,000 without any commissions. Subsequent trades will already have to pay a fee of 1.95 pounds and 0.05 percent of the commission per trade. Given that the average commission in the UK is £ 10.01 per trade.

 

Asset security

The assets of the company's clients are reliably protected. All client funds are held in segregated bank accounts and are protected by the Financial Services Compensation Scheme, or FSCS (Trading 212 UK Ltd.), and the Investor Compensation Fund, or ICF Bulgaria (Trading 212 Ltd).

 

Accounts and currencies

Clients have access to only one type of trading account - standard. Account currencies USD, EUR, RUB.

 

Minimum deposit

The deposit starts from RUB 10,000, EUR 100 or USD 150

 

Spreads and commissions

Fixed, 1.9 pips, floating, from 0.9 pips

 

Leverage

Leverage is set to 1: 200.

 

Trading platforms

One of the disadvantages of the company is the inability to use third-party software for trading. Trading 212 offers its own trading platform, available for both PC and mobile devices. Other trading platforms, including the popular MetaTrader4, are not available.

 

Support service

Customer service is one of the company's greatest strengths. You can contact the support staff by phone, email or chat 24/5. The company representatives speak more than 16 languages.

 

Reviews of traders

Having studied the Russian-speaking segment of the market, one can come to the conclusion that the number of negative reviews about the broker's work exceeds the number of positive ones. In general, we recommend that you carefully study the conditions, and most importantly, the trading platform in order to understand how this broker is right for you.

 

“An inconvenient and clumsy site + crappy work of a mobile application + zero accounts, which are a fat plus. I will never appear on Trading 212 again and do not advise anyone to trade here. At first everything is fine, maybe 2 weeks, but later he starts AD in the literal sense of the word. I lost 300 bucks because of the disgusting work of the mobile application. " Tosha 08/13/2019.

 

“Oh, and a problem broker, honestly. I closed orders for 10 minutes, and sometimes the stop loss did not work, when the volatility is high, I close the order with my hands, and they write to me that there is a wait, then it gives an error and so on for 10 minutes, sometimes I spent 15 minutes on this matter. An absurdity, honestly. " Igor 10.08.2018.

 

“There is no need to fence in nonsense, it is clear how you describe everything well, how you suffered, lost all your money. People, don't listen to them. Good broker, good conditions, excellent conclusion. You just need to get used to the platform. " Alex 06.05.2019.

 

Pros:

 

quite a good choice of investment instruments; excellent work of the support service, prompt resolution of issues; security of keeping funds in accounts; the ability to open a demo account.

 

Minuses:

 

work only on your own trading platform; high minimum trade size; the presence of commission fees when crediting funds to the trading account (0.7-3.5% of the deposit amount).