What is Trading 212?

What is trading 212?

What trading 212 account should i open that is very accessible and easy for beginners to use. It offers a great range of investments including shares, ETFs and bonds. It also offers a cash ISA and is regulated by multiple financial supervisory authorities, including the FCA in the UK and CySEC in Cyprus. This means that your money is protected up to PS85,000 should something go wrong and the broker goes out of business (it’s important to note that this type of protection doesn’t apply if you open an account in Belgium).

Which Trading 212 Account Should I Open? Invest, ISA, or CFD

One of the unique features of Trading 212 is the ability to lend your shares out, which earns you daily interest payments – this feature can be quite lucrative with certain stocks. It’s very easy to do and all done automatically. In addition, you can hold your cash in different currencies and avoid any currency conversion fees – a really nice touch.

Spread fees are fairly typical across all brokers, however Trading 212’s rates are some of the lowest around. This is thanks to the way they offer a mix of fixed and variable spreads based on the market conditions at that moment in time.

Opening a trading account with Trading 212 is a simple process, and can be completed from the website or the app. You’ll need to provide proof of identity, address and a selfie and then your account will be activated. New customers can also take advantage of a practice portfolio worth PS50,000 for free.