Trading212 at a glance
FCAUnited Kingdom
CySECCyprus
BaFinGermany
FSCBulgaria
Key facts
- Platform type
- Stock broker
- Headquarters
- London, United Kingdom
- Regulated by
- FCA (United Kingdom), CySEC (Cyprus), BaFin (Germany), FSC (Bulgaria), ASIC (Australia)
- Investor protection
- 20,000 €
- Minimum deposit
- £1/€1/$1
- Account currencies
- GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD, AUD
- Platforms
- Web, iOS, Android
- MiCA
- MiCA transition period
- Official website
- trading212.com
Our Trading212 rating
Trading 212 suits beginners and cost‑conscious investors who want to buy real shares and ETFs without paying trading commissions. Its multi‑currency Invest account helps you avoid repeated FX conversions and the mobile and web apps are easy to use.
The main trade‑off is the 0.15% currency conversion fee when you switch between currencies, plus a 0.7% card funding fee after a small free allowance. Choice is focused on stocks, ETFs and investment trusts, so look elsewhere for bonds, options or spot crypto.
Pros
- Zero commission on stocks and ETFs
- Multi-currency Invest account supports 13 currencies
- Fractional shares available
- No inactivity or withdrawal fees
- ISA and SIPP options for UK clients
- Wide regulatory footprint in the UK, EU and Australia
Cons
- 0.15% FX fee on currency conversions
- Card and wallet deposits attract a 0.7% fee after a £2,000/€2,000 free threshold
- No direct bonds, options or spot crypto in Invest
- US‑domiciled ETFs not available to EU/UK retail due to PRIIPs/KIDs rules
Who is Trading212 best for?
A good fit if
- First‑time investors who want a low‑cost way to buy shares and ETFs
- Buy‑and‑hold investors who value multi‑currency balances
- UK savers using an ISA or SIPP
Less suited if
- Active traders who need options, futures or advanced order types
- Investors seeking spot crypto or direct bond purchases
Trading212 fees
At Trading212, the fee for stocks & ETFs (Invest) is £0/€0/$0 per trade (0.15% FX fee applies when converting between currencies). The minimum deposit is £1/€1/$1. Fees checked on 15 October 2026.
| Asset | Fee |
|---|---|
| Stocks & ETFs (Invest) | £0/€0/$0 per trade0.15% FX fee applies when converting between currencies |
| Card/Apple Pay/Google Pay deposit over £2,000/€2,000 total | 0.70% of depositA cumulative £2,000/€2,000 is fee‑free, then 0.70% applies |
| Bank transfer deposit | £0/€0/$0No platform funding fee |
| Withdrawals | £0/€0/$0Receiving bank may charge |
What you actually pay
- Buy $1,000 of a US stock from a EUR account and convert once0.15% FX fee on €1,000 conversion to USD€1.50
- Sell $1,000 of a US stock and convert proceeds back to EUR0.15% FX fee on $1,000 equivalent when converting to EUR€1.50
- Deposit £500 by card after passing the £2,000 fee‑free allowance0.70% card funding fee on £500£3.50
Is Trading212 safe?
Trading212 is regulated by FCA (United Kingdom), CySEC (Cyprus), BaFin (Germany), FSC (Bulgaria) and ASIC (Australia). If the company becomes insolvent, client money is protected up to 20,000 €. It operates under the MiCA transition period, without final authorisation.
EU clients are covered by investor compensation schemes up to 90% capped at €20,000 (Cyprus ICF and Germany EdW). UK clients of Trading 212 UK Ltd are covered by the FSCS for investment business up to £85,000 per person.
FCA
United Kingdom · Authorised investment firm (Trading 212 UK Ltd.) Licence no. 609146 BaFin
Germany · Wertpapierinstitut authorisation (Trading 212 EU GmbH) Licence no. 10109603 Check the register FSC
Bulgaria · Investment intermediary licence (Trading 212 Ltd.) Licence no. RG-03-0237 Check the register 
ASIC
Australia · AFSL (Trading 212 AU Pty Ltd) Licence no. AFSL 541122 What you can buy on Trading212
On Trading212 you can buy shares, ETFs and investment trusts & REITs. Not available: bonds, options and spot crypto.
How to open an account with Trading212
Opening an account with Trading212 takes 5 steps: start your application, verify identity, complete tax forms, fund the account and place your first order.
- Start your application
Open an Invest account on the web or app and choose your primary currency.
- Verify identity
Upload a valid photo ID and complete a liveness check as required by regulation.
- Complete tax forms
Provide your Tax Identification Number and sign W‑8BEN if you plan to buy US stocks.
- Fund the account
Add money by bank transfer for free, or by card within the fee‑free allowance.
- Place your first order
Search a stock or ETF, pick the currency to trade in, review the FX if any, and submit.
Trading212 taxes: what you need to report
United Kingdom
- Does it withhold tax?
- No, Trading 212 does not withhold UK capital gains or dividend tax. US dividends are paid net of US withholding after W‑8BEN.
- What you report
- Report dividend income and realised capital gains via Self Assessment by 31 January following the tax year end (5 April). Pay any CGT and income tax due by HMRC deadlines.
- Dividends
- US dividends typically 15% withholding with W‑8BEN in place; UK dividend allowance and rates apply to the net amount.
Ireland
- Does it withhold tax?
- No Irish tax is withheld by Trading 212. US dividends are paid net of US withholding after W‑8BEN.
- What you report
- Self‑assess investment income and gains. Pay CGT by 15 December (for gains in Jan‑Nov) and by 31 January (for December gains); file the Form 11 tax return by 31 October (ROS dates may vary).
- Dividends
- US dividends typically 15% withholding with W‑8BEN; Irish income tax, USC and PRSI may apply to worldwide dividends.
General information, not tax advice. Rules change, so check with the tax authority in your country.
Trading212 compared with other brokers
| Criterion |  Trading 212 |
DEGIRO |  eToro |
Freetrade |
|---|---|---|---|---|
| Real shares and ETFs | Yes | Yes | Yes | Yes |
| CFDs available | Yes | No | Yes | No |
| UK Stocks & Shares ISA | Yes | No | Yes | Yes |
| Spot crypto | No | No | Yes | No |
Trading 212vsDEGIRO- Real shares and ETFs
- Yes
- Yes
- CFDs available
- Yes
- No
- UK Stocks & Shares ISA
- Yes
- No
- Spot crypto
- No
- No
Trading 212vseToro- Real shares and ETFs
- Yes
- Yes
- CFDs available
- Yes
- Yes
- UK Stocks & Shares ISA
- Yes
- Yes
- Spot crypto
- No
- Yes
Trading 212vsFreetrade- Real shares and ETFs
- Yes
- Yes
- CFDs available
- Yes
- No
- UK Stocks & Shares ISA
- Yes
- Yes
- Spot crypto
- No
- No
Frequently asked questions about Trading212
Does Trading 212 charge commission on shares and ETFs?
No, investing in shares and ETFs is commission‑free. The main cost for most users is the 0.15% FX fee when you convert between currencies.
What base currencies can I hold in my Invest account?
You can hold balances in multiple currencies, including GBP, USD, EUR and nine others. You choose a primary currency for statements and can convert between currencies in‑app.
Is there an inactivity or withdrawal fee?
No. Trading 212 does not charge inactivity or withdrawal fees. Your receiving bank may apply charges for incoming payments.
Can I buy US‑domiciled ETFs?
No, US‑domiciled ETFs are not available to EU/UK retail clients because of PRIIPs/KIDs rules. UCITS ETFs listed in Europe are available.
How are US dividends taxed?
If you are not a US tax resident and you sign W‑8BEN, US dividends are usually paid after treaty withholding tax, commonly 15% for UK and Irish residents. Local tax rules may also apply.
What is the FX fee and when is it charged?
A 0.15% FX fee applies when you convert money between currencies, including when trading assets in a different currency from your chosen balance.
What investor protection applies?
EU clients are covered by investor compensation schemes up to 90% capped at €20,000. UK clients have FSCS investment protection up to £85,000 per person.
We check fees on each platform's website and licences in the regulators' registers. Every platform is scored on the same criteria, and affiliate commissions do not affect the score.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. When investing, your capital is at risk and you may get back less than invested. Affiliate link: if you open an account through it, the platform pays us a commission at no cost to you.