Trading 212 review UK is a broker that offers commission-free shares and ETF trading. They also offer an ISA account for UK residents, allowing them to invest tax-free. In addition, they have a wide selection of ETFs and a good user interface for beginners. They also offer a practice account, so you can try out different trading strategies without risking your real money.
Trading 212 was established in Bulgaria and later moved to England. They claim to have 1.5 million users. They experienced significant growth in 2020 and 2021, mostly because of their commission-free pricing. In fact, they had so many new customers in 2021 that they halted onboarding until they could handle them all.
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Their platform is easy to use and there are no trading fees, except for a small charge when you buy shares in a currency that is not held in your account. Besides shares, they offer CFDs on 29 commodities, 36 indices and 184 forex pairs. They also have a good educational and research content, although they need to add more third-party tools for more nuanced trading strategies.
It is important to note that trading any financial instrument carries risk and you can lose your entire investment. However, Trading 212 is transparent and frank about the risks of trading and they do not bury their risk disclaimers on the bottom of the page like many other brokers. They are also regulated by the FCA in the UK and their client funds are kept separately from company assets. Traders in the UK are also covered by the Financial Services Compensation Scheme in case of insolvency.…