Trading 212 – A Trading 212 uk Review
Trading 212 uk review is an investment platform which offers commission-free CFD (contract for difference) trading, and very low fees for other investing. They offer a massive range of investments, and you can invest in an ISA with them too. They have a great focus on teaching and have loads of YouTube videos about share dealing. They are regulated in the UK by the FCA, and your investment up to PS85,000 is protected with the FSCS.
Trading212 is a fairly new player in the world of online share trading and investing. They originally came from Bulgaria, but have been trading in the UK since 2017. They offer a huge range of investment options, including an ISA, with no commission for shares and ETFs. They also allow traders to use fractional shares, which can save money.
How does trading 212 make money?
Trading 212 makes its money through the spread on trades, which is the gap between the highest or ‘offer’ price for investors to buy something like a share, and the lowest or ‘bid’ price to sell. They also charge a small fee for things like OCO orders (one cancels the other) and for allowing you to set a stop loss or take profit limit. You will still have to pay the UK’s stamp duty on certain investments, and there are charges for things like exchange-traded funds or investment trusts.
You can fund your account with a bank transfer, credit or debit card, or one of several e-banking services such as Giropay or Dotpay. You can also deposit money with a mobile app. You can also open a practice portfolio with PS50,000 for free to test your skills before investing real money.