Broker Trading 212 is a subsidiary of Avus Capital UK Ltd. and Avus Capital Ltd .. Offers Forex and CFD trading. Trading212 parent companies are authorized and monitored by the FCA. The company's offices are located in Spain, Germany, the Netherlands, Romania, Poland, France, Italy and other countries. The number of the company's clients exceeds 250 thousand people.
Products and services
The broker has access to the world's largest markets. Foreign exchange market Forex, more than 150 pairs of foreign currencies. Clients have access to stock and commodity markets, as well as trading over 30 indices.
Features of the company
Since January 2016, the broker has repeatedly been named the most popular trading company in the UK. At present, he is actively developing other regions. It can be noted that Trading 212 allows investors to make 10 trades per month, each of which costs up to £ 10,000 without any commissions. Subsequent trades will already have to pay a fee of 1.95 pounds and 0.05 percent of the commission per trade. Given that the average commission in the UK is £ 10.01 per trade.
The assets of the company's clients are reliably protected. All client funds are held in segregated bank accounts and are protected by the Financial Services Compensation Scheme, or FSCS (Trading 212 UK Ltd.), and the Investor Compensation Fund, or ICF Bulgaria (Trading 212 Ltd).
Accounts and currencies
Clients have access to only one type of trading account - standard. Account currencies USD, EUR, RUB.
The deposit starts from RUB 10,000, EUR 100 or USD 150
Spreads and commissions
Fixed, 1.9 pips, floating, from 0.9 pips
Leverage is set to 1: 200.
One of the disadvantages of the company is the inability to use third-party software for trading. Trading 212 offers its own trading platform, available for both PC and mobile devices. Other trading platforms, including the popular MetaTrader4, are not available.
Customer service is one of the company's greatest strengths. You can contact the support staff by phone, email or chat 24/5. The company representatives speak more than 16 languages.
Reviews of traders
Having studied the Russian-speaking segment of the market, one can come to the conclusion that the number of negative reviews about the broker's work exceeds the number of positive ones. In general, we recommend that you carefully study the conditions, and most importantly, the trading platform in order to understand how this broker is right for you.
“An inconvenient and clumsy site + crappy work of a mobile application + zero accounts, which are a fat plus. I will never appear on Trading 212 again and do not advise anyone to trade here. At first everything is fine, maybe 2 weeks, but later he starts AD in the literal sense of the word. I lost 300 bucks because of the disgusting work of the mobile application. " Tosha 08/13/2019.
“Oh, and a problem broker, honestly. I closed orders for 10 minutes, and sometimes the stop loss did not work, when the volatility is high, I close the order with my hands, and they write to me that there is a wait, then it gives an error and so on for 10 minutes, sometimes I spent 15 minutes on this matter. An absurdity, honestly. " Igor 10.08.2018.
“There is no need to fence in nonsense, it is clear how you describe everything well, how you suffered, lost all your money. People, don't listen to them. Good broker, good conditions, excellent conclusion. You just need to get used to the platform. " Alex 06.05.2019.
quite a good choice of investment instruments; excellent work of the support service, prompt resolution of issues; security of keeping funds in accounts; the ability to open a demo account.
work only on your own trading platform; high minimum trade size; the presence of commission fees when crediting funds to the trading account (0.7-3.5% of the deposit amount).
TRADING212 is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.
In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.
The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.
The broker TRADING212 makes profit from traders' transactions, as a rule, in two main ways.
The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.
The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.
Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.
We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.
The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.
Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.
In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.
One of the key points is the place of registration and regulation of the company's activities.
Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.
However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.
If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.
But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.
And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization, considering disputes between its members - brokers and their clients.
If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.
When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.
It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.
Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.
Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.
Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.
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Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. TRADING212 received a score of 1 of 5 on our resource.