Trading 212 Review 2024

Why choose Trading 212

Trading 212 is ideal for beginner investors, boasting a solid stock and ETF selection that can be traded commission-free (other fees may apply). I loved the user-friendly trading interface on both web and mobile. If you’re a cost-conscious investor, you’ll appreciate the generous interest Trading 212 pays on your cash, but you should also mind its high conversion fees and choose a multi-currency account if available. Trading 212 also has a CFD trading platform, but high fees make it an imperfect choice for traders.

Pros

Real stocks and ETFs are commission-free (other fees may apply)
Quick and easy account opening
Great trading platforms
Pays interest on uninvested cash in an investment account

Cons

Limited product portfolio
High forex fees
Limited research tools

Fees

Score: 3.8/5

Trading 212 offers commission-free stock and ETF trading (other fees may apply), and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high.

Pros

Free stock and ETF trading(other fees may apply)
No withdrawal and inactivity fee

Cons

High forex fees
High financing rate

We compared Trading 212’s fees with two similar brokers we selected, eToro and XTB. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Trading 212 alternatives.

Commission-free stock and ETFs

It’s extremely great as Trading 212 has commission-free US stock trading.

Trading 212 stock and ETF commission
Broker	US stock
Trading 212	$0.0
eToro	$0.0
XTB	$0.0

High FX fees

All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 1.0.

Trading 212 forex spreads and commissions
Broker	EURUSD spread	FX commission per lot
Trading 212	1.0	No commission is charged
eToro	1.0	No commission is charged
XTB	0.8	No commission is charged

No inactivity fee, no withdrawal fee

It doesn’t charge any account, inactivity or withdrawal fees.
Depositing to CFD accounts and depositing via bank transfer to Invest accounts are also free of charge (other fees may apply). However, there is a 0.7% deposit fee if you deposit more than €2,000 in total to your Invest account using credit/debit cards or electronic wallets.
In addition, there is a 0.5% currency conversion fee for CFD trading, and a currency conversion fee of up to 0.15% for real stocks and ETFs. Currency conversion occurs when you trade an asset denominated in a currency other than your account base currency.

Trading 212 inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
Trading 212		$0
eToro		$5
XTB		$0

Other commissions and fees

Low index CFD fees: all index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 1.1.

Average stock CFD fees: all stock CFD fees are built into the spread. The spread for Apple stock CFDs is 0.0.

Misc. fees compared with other brokers
Broker	Mutual fund	US micro e-mini stock index futures
Trading 212	–	–
eToro	–	–
XTB	–	–

Check out this article for a detailed analysis of all the fees, commissions and other charges levied by Trading 212.

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