About the Brokerage Firm Trading 212
Trading 212 is a reputable CFD broker with established offices in both the United Kingdom and Bulgaria. The UK branch, Trading 212 UK Ltd, operates under the regulation of the esteemed Financial Conduct Authority with registration number 609146. Simultaneously, the Sofia-based office in Bulgaria functions under a license issued by the Financial Supervision Commission FSC bearing the number RG-03-0237.
Trading Instruments and Trading212’s Platform
Trading 212 grants access to a vast array of 2500 trading instruments, encompassing currency pairs, shares of prominent corporations, commodities, and indices from diverse markets, both major and niche.
The broker boasts its proprietary trading application, complete with mobile versions compatible with iOS and Android platforms. The application has garnered over 180,000 downloads, reflecting its popularity among traders.
Trading212’s Trading Conditions
Trading212 stands out by offering a uniform trading experience for all clients, without segregating them based on deposit sizes. Whether a novice or seasoned trader, everyone enjoys the same trading conditions.
The website furnishes in-depth insights into trading instruments, minimum trading volume requirements, market operating hours, swap sizes, and features like stop-loss, take-profit, and safeguards against negative balance.
Account Funding and Withdrawal with Trading 212
Trading 212 facilitates transactions in US dollars and euros as core currencies. Clients can effortlessly manage deposits and withdrawals in rubles, with uniform thresholds set for both: 10 EUR, 10 USD, 500 rubles.
A nominal currency conversion fee amounting to 0.5% of the exchange sum is applicable. While deposits and withdrawals incur no additional charges, payment system services are subject to separate fees.
For specific details on transaction methods, registration within the Trading 212 personal account is requisite. The brokerage firm offers multiple payment avenues, encompassing bank transfers, cards, Skrill, and payments through platforms like Google and Apple.
Concluding Remarks
Trading 212 emerges as a commendable choice, offering a diverse range of trading instruments and a user-friendly platform. The broker’s egalitarian approach, treating all clients equally irrespective of deposit size, can be advantageous for many traders. Nonetheless, it’s crucial to thoroughly assess the nuances of collaborating with the company and the inherent risks associated with CFD trading before making investment decisions.
This review has been prepared by the specialists at ExpertsReview.
