On-line since: About the company: The Trading 212 broker is a subsidiary of Avus Capital UK Ltd. и Avus Capital Ltd. The company offers trading Forex and CFDs. The parent company of Trading 212 is authorized and supervised by the FCA. The broker has offices in Spain, Germany, the Netherlands, Romania, Poland, France, Italy, and other countries. The number of clients exceeds 250,000. Services and products The broker has access to the world’s largest financial markets. To trade Forex, the list of trading instruments comprises over 150 currency pairs. Besides, the broker provides access to stocks and commodities. More than 30 indexes are also available to trade. Special features Since January 2016, Trading 212 has been recognized as the most popular brokerage company in the UK a few times. Nowadays, the company is expanding its activity in other regions. Importantly, Trading 212 allows investors to execute 10 deals per month, each is worth up to GBP 10,000 free of commissions. The deals outside this limit are charged a fee of GBP 1.95 and 0.05% of a commission size per deal. Interestingly, an average commission charged by British brokers equals GBP 10.01 per deal. Safety of funds The clients’ funds are effectively protected. All funds are stored in separate bank accounts and are subject to the financial services compensation scheme FSCS (Trading 212 UK Ltd.) and investors’ compensation fund in Bulgaria for Trading 212 Ltd. Accounts and currencies Clients can trade with accounts of the only type – standard. Accounts can be deposited with USD, EUR, and RUB. Minimum deposit size Clients are required to deposit at least RUB 10,000, EUR 10, or USD 150. Spreads and commissions A fixed spread is 1.9 pips. A floating spread starts from 0.9 pips. Leverage Leverage ranges to 1:200. Trading platforms One of the arguments against the broker is that clients cannot use time-proven trading software from other developers. Trading 212 offers its own trading platform available both to PCs and mobile devices. Other trading platforms, including the popular MetaTrader4 are unavailable. Customer support Customer support is a weighty advantage of the broker. Clients can contact managers from the support service by telephone, email, or chat around the clock 5 days a week. Operators of the call center speak over 16 languages. Feedback Having studied the Russian-language market, the number of negative reviews prevail the positive feedback. To sum it up, make sure you get to know terms and conditions and, above all else, the trading platform to realize whether this broker suits your needs. “The uncomfortable website and terrible operation of the mobile app. The company blows out accounts with fat gains. I’ll never work with Trading 212. I won’t advise anyone to trade here. Originally, everything was all right. Two week later, my trading turned into HELL. I’m not kidding. Because of ghastly work of the mobile app I lost $300.” Tosha, 13.08.2019. “What a troublesome broker! Believe me. I was placing orders for 10 minutes, stop loss was triggered sometimes. In the period of higher volatility, I closed an order manually, though I received a message that my request was in the waiting mode. Then, they inform me of an error. This nuisance lasted 10-15 minutes. Isn’t it ridiculous?!” Ihor, 10.08.2019. “You guys, don’t tell this rubbish. You say how you suffered and that you lost all your money. Folks, don’t listen to them! They are a good broker which offers nice trading conditions. Withdrawal is great! Certainly, one should get used to their trading platform.” Alex, 06.05.2019. Advantages
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I am very cheerful with Trading212 because of reliable own trading platform. Platform is trouble-free to start with, I have no training and it was easy to start trading live. They also provide fast execution trading system and the customer support is fantastic.
I've satisfied with Trading212's web-based platform. Also, I've found a solid execution and tight spreads. As I can trade user-friendly environment with a lot of high tech tradings tools. So I got a better result in the market and till now I've gained almost $430 and able to withdrawal all of my profit through the Skrill account. Really I am pleased with Trading212.
I am currently having a problem in withdrawing my profits from Trading 212. I am supposed to receive $100 from my account but it has been two weeks since the request and it is still not being transferred. I also have no idea if they are processing it at all because they are not responding.
Their bad habit is frequent bugs when I want to take profit. Their network often goes down, and hinders my trading, even messes up the trading plan I have designed. They just say me to keep patience, their finance department is checking. And they will contact me soon. I have provided copy of my bank that funds. My stop loss price does not hit and lost my money. When I complained they said someone they could do nothing about it! Very risky. are returned to remitter. However, it’s now more than 10 months and they are still asking to wait. Be careful this broker.
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