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Trading212 -

Score

7.25 /10
Good

Trading212

United Kingdom

10-15 years

Regulated in United Kingdom

Market Maker (MM)

Global Business

Vanuatu Retail Forex License Revoked

High potential risk

https://www.trading212.com/en

Influence

AAA

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index8.54

Business Index8.05

Risk Management Index0.00

Software Index7.69

License Index8.43

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

UK FCA
2025-03-06
212 Europe Limited/212 Europe Limited UK Ltd/212 Europe Limited Ltd (Clone of FCA authorised firm)
Trading212

Broker Information

More

Company Name

Trading 212 UK Ltd

Company Abbreviation

Trading212

Platform registered country and region

United Kingdom

Company website

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YouTube

Company summary

Pyramid scheme complaint

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Check whenever you want

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WikiFX Risk Alerts 6
Previous Detection : 2025-06-14
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • VanuatuVFSC (license number: 40517) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Survey

Danger

Trading212

United Kingdom

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw. Scammer. I was scammed by the broker.

Unable to withdraw. Scammer. I was scammed by the broker.

FX1348692970
2024-03-10 03:24
Unable to Withdraw

I started applying for withdrawal on August 17th, but it took 4 months. I asked the platform customer service. The platform customer service was like a robot, saying please wait.

I started applying for withdrawal on August 17th, but it took 4 months. I asked the platform customer service. The platform customer service was like a robot, saying please wait.

LIUHUI9345
2023-11-21 15:37
Scam

Manipulated platform. Non compliance of FCA & Government money laundering laws funds.! Depositing over £45,000 from my banks accounts no checks done!

Do yourself a favour and do not deal with scam company.They are not based in the UK despite their claims. They are a Scam company that traded from Cyprus and had their licensees Revoked in Cyprus (where they traded from) & also by the UK FCA.They set up another company claiming to operate from the UK which is a forwarding Address & not offices!No proof of ID or Tax details were request which is mandatory by Law in the UK prior to opening a trading account or allowing deposits.£45.000 was scammed

FX1698946984
2021-06-23 05:51
Scam

Scam Company pretending to UK based and UK regulated ! STAY AWAY!

Trading 212 UK LTD claim to be “UK FCA Regulated” in fact they ARE a SCAM and DONT trade from the UK. Previously traded in UK from an offshore company under the name Gobaba FXLTD (previously AVUS CAPITAL- now Trading 212 UK) CySEC license REVOKED in 2018 & UK FCA license cancelled NOT to Trade in the UK! Not surprisingly it didn’t stop their scam.Registering Trading 212 UK using UK London address for their “offices”(Address not occupied just empty warehouse) They continue to scam! STAY AWAY !

FX1698946984
2021-06-22 17:06
Unable to Withdraw

160.000 CZK stolen! All profits removed, account closed!

As a retail client, I opened a live account with broker Trading212 on August 4th, 2023.Trading 212 UK Ltd. is registered in England and Wales (Company number 8590005). Trading 212 UK Ltd. is authorised and regulated by the Financial Conduct Authority (Firm reference number 609146). Registered address: 107 Cheapside, London, EC2V 6DN, United Kingdom.After 4 months of live trading, on 27th November 2023, without any previous notice, I was informed by the broker that I "breached" their T&C with "a high volume of transactions that are opened and closed within an unusually short period of time as compared to the ‘average’ client, with a disproportionate number placed advantageously between the price of trade and the price of the underlying market instead of the 'random distribution' that would be expected when the Trading Platform is used "fairly"...And for this "reason", they unilaterally decided to close my live account. All 17 trades I made in 4 months were voided and all the profit I made (approx. 5000 GBP) was canceled.I feel I wasn't treated fairly by Trading212. 1. It's obvious and very easy to prove, that (according to my trading history) I didn't use any short, tick-scalping strategies. Almost all my trades lasted more than 3+ minutes and some trades even 20+ minutes, which can hardly be seen as something "unusual" and also can not be defined as a few seconds scalping...2. They accused me of "high volume of transactions"... checking my trading history, it's obvious I made only 17 trades in 4 months and I always traded max. 1 open position/trade at the time. 3. They accused me of "latency" or "price" manipulation. My trading is based purely on price action (and volatility) following major fundamental news or events, which is generally seen as a standard trading strategy. I don't know a single EU/UK broker that wouldn't allow this kind of trading. I trade exactly the same way with many other FCA/CySec/ASIC regulated and reputable brokers without any issues. Trading212 is the first broker having a "problem" with my trading style. As for "platform misuse", I can only work/trade with price quotes provided via broker's trading platform. I see unfair that the same broker accused me of "misusing" his own platform and price quotes. I, as a retail client, have no chance to "manipulate" what price quotes I receive on the broker's platform - nor I can be responsible for any discrepancy between prices Trading212 should've been providing, and the ones that were in fact being streamed. Providing accurate quotes is the broker's risk, not clients' risk and the client should not be penalized for broker's mispricing errors if they occur. If the broker isn't able to provide accurate and stable pricing of market instruments, they shouldn't offer them at all.Still, it's worth noting here that if we compare prices (my trades were executed at) with 3rd party quotes, we will see these prices were absolutely realistic and similar to my other brokers at the time of trades.4. I double-checked Trading212 T&C and I haven't found any information about specific trading strategies that would be prohibited. Also, I haven't found any specific information to comply with, e.g. minimum trading holding time, max orders open, max volume, etc. If this is so important for them and can lead to closing clients' accounts (or even voiding ALL the profits), why didn't they specify these parameters in T&C clearly? so I or anyone else could comply with them? In their T&C, I found only uncertain and vague clauses that leave the decision entirely up to broker's discretion.5. Finally, I wish to emphasize, that my trading history with Trading212 started in August 2023 and lasted more than 4 months, with no issues. Since August, there has been zero notice from broker's side that there is anything wrong with my trades or that they have problems with my orders. Then suddenly, after 4 months of trading, they unilaterally closed my account without any previous warning and voided all my trades and profits.Probably not trading itself, but my constantly growing profit was a "real" problem here for Trading212. I assume if I lost money with Trading212, no account closure would ever happen.It seems that some forex brokers (even regulated ones) operate in a very questionable way. Retail clients losing money are welcomed, while profitable accounts are simply closed and profits canceled. Flawless business for them. From my point of view, this practice is unfair.If the broker doesn't want me as a client anymore, I'm fine with that. But I strongly don't agree with removing all my profits for 4 months of trading. Regulated financial institutions should not work like that. I still hope I can find a reasonable solution with Trading212. 

Mick890
2023-12-04 20:22
Data Source WikiFX Data provide
Updated: 2025-06-14
Trading212 · Company summary
Trading212 Review Summary
Founded2016
Registered RegionUnited Kingdom
RegulationFCA, CYSEC
Market InstrumentsStocks, ETFs, CFDs on Forex, Indices, Commodities
Demo Account❌
Trading PlatformTrading 212 App, Trading 212 Web Platform
Minimum Deposit£/€/$1
Customer SupportEmail: info@trading212.com
Address: Aldermary House, 10-15 Queen Street, London, EC4N 1TX

Trading212 Information

Trading 212, a UK-based fintech business launched in 2016, is licensed by both the FCA and CySEC. It offers commission-free trading for stocks, ETFs, and CFDs, as well as support for forex, indices, and commodities. However, it does not provide demo or Islamic accounts.

Trading212's homepage

Pros and Cons

ProsCons
Regulated by FCA and CySECNo demo accounts available
Commission-free trading on stocks & ETFsNo support for MetaTrader (MT4/MT5) platforms
User-friendly mobile and web appsCryptos not supported

Is Trading212 Legit?

Yes, Trading 212 is a legitimate and regulated financial services provider.

Regulatory AuthorityLicense TypeLicense NumberLicensed EntityCurrent Status
UK Financial Conduct Authority (FCA)Market Maker (MM)609146Trading 212 UK Limited✅ Regulated
Cyprus Securities and Exchange Commission (CySEC)Market Maker (MM)398/21Trading 212 Markets Ltd✅ Regulated
Vanuatu Financial Services Commission (VFSC)Retail Forex License40517Trading 212 Global Ltd❌ Revoked
Cyprus Securities and Exchange Commission (CySEC)Market Maker (MM)290/16Gobaba FX Cy Ltd❌ Suspicious Clone
Regulated by FCA
Regulated by CySEC
Revoked VFSC license
Suspicious clone CySEC license

What Can I Trade on Trading 212?

Trading 212 offers free, smart, and easy-to-use apps that enable users to trade Stocks, ETFs, and CFDs across major global markets. Supported CFD instruments include Forex, Indices, Commodities, and Stocks.

InstrumentSupported
Forex✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
ETFs✔
Cryptos❌
Bonds❌
Options❌
What Can I Trade on Trading 212?

Account Type

Trading 212 offers four live account types: Invest, CFD, Stocks ISA, and Cash ISA — each suited for different investor needs. No Demo or Islamic account is mentioned.

Account TypeFeatureSuitable for
InvestBuy stocks & ETFs commission-freeLong-term investors & beginners
CFDTrade CFDs with leverage on multiple asset classesActive traders & speculators
Stocks ISATax-free stock & ETF investments (UK only)UK investors seeking tax advantages
Cash ISAEarn interest on uninvested cash (GBP only)UK residents looking for safe returns
Account Type

Trading212 Fees

Trading 212s fees are generally low compared to industry standards. It offers commission-free trading, no custody fees, and competitive FX rates. However, certain fees apply after thresholds, especially for deposits via card and currency conversion.

Account TypeInvest AccountStocks ISACash ISACFD Account
Trading Commission❌❌–❌
Custody Fee❌❌–❌
FX Fee0.15%0.15%–0.5% on results only
Deposit (Bank Transfer)❌❌❌❌
Deposit (Card > £2,000)0.70%0.70%–0.70%
Withdrawal❌❌❌❌
Interest on CashUp to 7% AER (currency-dependent)4.35% AER (GBP)4.1% AER (GBP)Up to 7% AER (varies)
Min Deposit£/€/$1£1£1£/€/$10
Min Withdrawal
Min Order (Stock/ETF)–£/€/$5
Min Order (Forex/Futures)–––Forex: £100, Futures: £20
Overnight Fee–––✔ (variable)
Spread–––Dynamic (varies)

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Trading 212 App✔iOS, Android/
Trading 212 Web Platform✔Web browsers (Windows, macOS)/
MetaTrader 4 (MT4)❌–Beginners
MetaTrader 5 (MT5)❌–Experienced traders
Trading Platform

Deposit and Withdrawal

Trading 212 does not charge any deposit or withdrawal fees for most methods. The minimum deposit and withdrawal amount is £/€/$1 for Invest, ISA, and Cash ISA accounts; £/€/$10 for CFD accounts.

Payment MethodMinimum DepositMinimum WithdrawalFeesProcessing Time
Bank Transfer£/€/$1❌0–2 business days
Credit/Debit CardFree up to £2,000 cumulative, then 0.7%Instant
Apple Pay/Google PayInstant
Deposit and Withdrawal

News

NewsTrading 212 Reports Record Profits in 2024 with Strong User Growth

Trading 212 reports a record £39.7 million profit in 2024, driven by user growth, new products like Cash ISA, and strong trading volumes. Expands into Europe and launches debit card.

WikiFX
2025-05-14 15:07
Trading 212 Reports Record Profits in 2024 with Strong User Growth

NewsInvesting Made Easy with Trading 212

Trading 212 simplifies automated investing with BlackRock-powered ETFs. Set goals, deposit funds, and let your portfolio grow effortlessly.

WikiFX
2024-09-05 16:32
Investing Made Easy with Trading 212

NewsTrading 212 Acquires FXFlat Bank to Expand German Market Reach

Trading 212 acquires Germany's FXFlat Bank to expand its presence in the German market, offering zero-commission trading and enhanced services to investors.

WikiFX
2024-08-16 11:56
Trading 212 Acquires FXFlat Bank to Expand German Market Reach

Exposure WikiFX Broker Assessment Series | Something You Need to Know About Trading212

Have you ever heard about a broker named Trading212? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.

WikiFX
2024-01-08 18:01
WikiFX Broker Assessment Series | Something You Need to Know About Trading212
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Mick890
more than one year
160.000 CZK stolen, my live account unilaterally closed, after 4 months of trading, without a single previous warning! Scam!
160.000 CZK stolen, my live account unilaterally closed, after 4 months of trading, without a single previous warning! Scam!
Translate to English
2023-12-04 20:28
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0
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FX1524913740
more than one year
I've been actively trading forex for about three years now and switched to Trading212 about 8 months ago. The difference is like day and night! Firstly, I was quite surprised by their zero commission policy - they live up to the bill. Saving on costs allowed me to invest more without having to worry about cutting a slice of my profits. Their trading platform? Snazzy, lightweight and very user-friendly. You don't have to be a statistical whizz to navigate their tools. In fact, they actually explain complex stuff like candlestick patterns and Bollinger bands in an easy-to-understand manner. I've used a couple of platforms before but their trading charts are impressively intuitive and accurate. Oh and the cherry on top? Their customer service is fantastic! There was this one time I faced an issue with my withdrawal. Raised a ticket and within 2 hours, got a response. The issue was sorted shortly. If you’ve traded forex, you know how crucial quick, efficient customer service can be!
I've been actively trading forex for about three years now and switched to Trading212 about 8 months ago. The difference is like day and night! Firstly, I was quite surprised by their zero commission policy - they live up to the bill. Saving on costs allowed me to invest more without having to worry about cutting a slice of my profits. Their trading platform? Snazzy, lightweight and very user-friendly. You don't have to be a statistical whizz to navigate their tools. In fact, they actually explain complex stuff like candlestick patterns and Bollinger bands in an easy-to-understand manner. I've used a couple of platforms before but their trading charts are impressively intuitive and accurate. Oh and the cherry on top? Their customer service is fantastic! There was this one time I faced an issue with my withdrawal. Raised a ticket and within 2 hours, got a response. The issue was sorted shortly. If you’ve traded forex, you know how crucial quick, efficient customer service can be!
Translate to English
2023-12-02 13:19
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5