R3volved Business Is Trading 212 Good?

Is Trading 212 Good?

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Is trading 212 good? Trading 212 is one of the most popular low-cost brokers in the UK and it’s easy to see why. They have a strong ethos of democratizing trading and offer a wide range of financial instruments including CFDs (contracts for differences) and ISA accounts. They also allow you to trade on the stock exchange and buy shares (which means owning a little bit of a company) and funds (baskets of stocks and shares put together).

Can Trading 212 be trusted?

As a fully regulated broker, Trading 212 has to keep your money safe. They do this by keeping it in a separate client account and by offering a range of security measures. You can even add a passcode lock to your mobile app or enable face ID recognition if you want to keep things extra secure.

Using the platform is straightforward and there are apps available for both iOS and Android devices. The mobile apps have a nice layout and show information in an easy to understand format. They also let you set price alerts and access forums, reports or training videos.

The main way that Trading 212 makes money is by charging you a spread on the price movements of assets like shares or currencies. This is different to a normal broker where you pay commission for each deal you make. They also earn money by lending securities to you (this is complex and carries some risk) and they pay interest on those loans.

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