Investing and trading stocks and ETFs carries risks, and success is not guaranteed. Please seek independent advice if you are considering investing.
Trading 212 Platform Review is one of our top recommendations for UK neo-banking and neo-brokerage platforms, and offers a simple and user-friendly investment platform for anyone wanting to get into shares or ETFs. Their competitive fees, ISA and CFD account options, and transparency around charges make them an attractive choice.
Trading 212 Platform Review: Features and Benefits
The mobile app is intuitive and easy to use for beginner investors. It’s also a good option for those who don’t have the time to regularly monitor their portfolio and instead want to invest a set amount monthly or quarterly. They offer fractional shares, meaning you can start investing even with smaller amounts, and standing orders to automate your investments. They have access to key stock exchanges such as the LSE, NASDAQ, XETRA and EURONEXT and can be opened in 12 main currencies.
Unlike many other brokers, they don’t charge trading commissions and allow you to deposit in any currency (withdrawals are always executed in your home account currency). They engage in securities lending and give back a percentage of revenue to their users who opt-in – a feature called ‘Sharesight’. The only drawback is that they don’t offer margin loans, bonds or derivative products like futures and options – which is likely to limit the account offering for advanced investors. The firm started offering ISAs for UK residents and provides an annual tax summary to help with filing.