Is Trading 212 Safe?

Is Trading 212 Safe?

Trading 212 is one of the pioneers of online stock trading, offering a versatile proprietary platform with great tools and thousands of tradable instruments. The broker is regulated by top-tier authorities in Europe and the UK (FCA and CySEC) and adheres to strict trading standards. It also offers strong encryption, account segregation and the FSCS protection up to PS85,000 per eligible client. This link https://www.theinvestorscentre.co.uk/reviews/trading-212-review/is-trading-212-safe/

The broker’s main proposal is its CFD offering. These risky derivatives allow you to speculate on the price movements of underlying stocks or currencies without actually owning them. CFDs are not suitable for all investors, and it is advisable to use them only after careful research.

Is Trading 212 Safe? UK Traders’ Guide to Safety and Regulation

Other services offered by Trading 212 include commission-free trading of stocks and ETFs, and the option to buy fractional shares. The broker also pays a high interest rate on cash held on the account and does not charge deposit or withdrawal fees, which can be very beneficial for small investment amounts. Trading 212 Invest is also among the few brokers that offer ISA accounts, which allow you to save money on your investments by not paying capital gains tax.

Some users report issues with the customer service, which is available only through email and live chat. In addition, the platform can be slow at times, especially during extreme market conditions. Finally, there are no copy trading options on the website, which can be a drawback for some traders. However, most traders consider Trading 212 safe to trade with, as it is a reputable broker with solid security protocols.