Is Trading 212 Good?
Trading 212 is an online broker that offers the full range of assets and market research tools to get you started. It also offers a variety of order types, including market and limit orders. You can also use stop loss and take profit limits to help you stay in control of your investments. Its platform is easy to navigate, with five charting times, 55 indicators, and over 20 drawing tools. The website also includes a section explaining the basics, which can be useful for beginners.
You can is trading 212 good from global stocks (like Lloyds, Apple, and Tesla Motors) and ETFs, commodities like gold and oil, and a selection of foreign currencies. This includes the most popular, such as EUR and USD, but also some less common pairs like PLN and CZK. Trading 212 also lets you trade fractional shares, where you buy a part of a company rather than the entire share.
Is Trading 212 a Good Platform? An In-Depth Review
Unlike some other brokers, Trading 212 doesn’t charge direct commissions for buying and selling shares and ETFs. However, it does charge a spread, which is the difference between the bid and ask price of an instrument. The broker doesn’t publish average spreads for individual instruments, but you can find out what they are on its website.
In addition, it’s worth pointing out that Trading 212 is regulated in the UK and EU, so you have the protection of your money being segregated from the broker’s assets. It also pays interest on your uninvested cash, which is nice to see1. You can check current rates on its website1.