rading 212 is a London based broker that promises its clients quality service and convenient working platforms. The company calls the democratization of financial markets as its goal. It provides free smart applications that provide quick access to the global marketplace.
This exchange intermediary is one of many in the industry. There are a huge number of fraudsters on the network, and therefore a competent trader must evaluate the real quality of service before making a final decision. The company claims to have many years of experience and owns unique technical developments. Is it really? The reader will find out the answer to this question in today’s article!
Important information about Trading 212
An exchange broker talks about his revolutionary work in the brokerage industry. He calls himself the first to offer zero-commission services to European merchants. At the moment, the firm opens access to the stock market for millions of people from all over the world. Its mobile application has been downloaded more than 14 million times, and therefore this program is considered one of the most popular on the planet.
According to Trading 212 representatives, the intermediary received an official license from the FCA Inspectorate, which oversees the professional activities of financial institutions. In addition, the company is registered on the territory of Bulgaria, controlled by the local regulator FSC. In the unlikely event of default, the broker guarantees a return on investment of up to £ 85,000.
To check the license and other legal documents, the reader should visit the special sections of the website www.trading212.com. On the official web resource, he will be able to get comprehensive information and communicate with a personal manager.
Trading 212’s professional review points out multiple flaws in the company. First of all, you should pay attention to the brokerage resource, which is not at all distinguished by its original design. The site consists of several pages and does not contain attractive banners. By visiting the official web resource, the trader will get acquainted with only basic information. He will not receive data on tariffs and other nuances of cooperation. An intermediary site is more like a cheap fraudulent project than a serious Internet resource of an international broker.
Terms of cooperation with Trading 212 broker
The company offers to trade in all major markets. It provides access to various financial assets, the number of which exceeds 2,500. All investment instruments are traded without commissions. After registering Trading 212, the client gets at his disposal more than 150 currency pairs, several shares of large companies, commodities and about 30 stock indices. The broker states that the invested funds are kept in secure segregated accounts with the best European banks.
Trading 212 cooperates with exchange players on the following terms:
The minimum deposit starts from 10 euros or 500 rubles. With this amount, a trader can start cooperation, test the working platform, the speed of order execution and withdrawal of funds.
Commission for replenishment of the deposit or withdrawal of earnings is not charged. You can withdraw from $ 10.
Opening a position the next day is credited or debited with swaps. In order not to face additional difficulties, the trader must determine the swop in advance for the selected currency pair.
For currency conversion, a commission of 0.5% of the payment amount is charged.
Margin requirements vary depending on the selected financial asset. You can view the list of instruments on the official brokerage website.
Futures contracts are traded based on the start and end dates of the trading period. The dates are published in advance on the website of the relevant marketplace.
The client receives an economic calendar that he can use to make correct analytical forecasts. He has access to the latest news published on the intermediary’s web resource. This information will help in carrying out fundamental analysis of the market situation.
If a trader is not confident in his own skills and knowledge, he can get acquainted with expert analytics from Trading 212 specialists. The broker community has its own forum where traders and company representatives communicate. They share their impressions, exchange working methods.
The firm talks about attractive terms of cooperation, but testimonials from real customers point to numerous disadvantages of the platform. According to users, the intermediary is engaged in fraud and does not return the investment.
Training on the official website Trading 212
The broker provides several tutorials for registered clients. It attracts not only experienced exchange players to its platform, but also newcomers who have never traded. Simple videos will tell you about the main laws of the world market, help you understand the processes of buying and selling an investment asset.
Trading 212 explains the principles of trading in different trading modes and introduces price charts. The site describes how to use graphical price visualization to make money on price differences. A beginner can study economic indicators, understand the basic concepts and concepts of trading.
Is Trading 212 a reliable broker?
On its official website, the company talks about its London origins. The company focuses on high technologies, is engaged in improving trading platforms. However, Trading 212’s reviews leave much to be desired. The vast majority of clients accuse the brokerage organization of fraud and lack of potential for earning money.
The employees of the intermediary firm lure with loud promises. They guarantee quick profit in the absence of special knowledge and skills. Managers stimulate the exchange player to open a Trading 212 account, after which they siphon all the money out of it. Traders who made the correct bets and earned on the price difference faced account blocking.
The company freezes accounts, citing technical errors or irregularities. She does everything to delay the withdrawal of funds. Trading 212 is clearly a scam and therefore cannot be perceived as a reliable broker.
