Is trading 212 safe? The Trading 212 website and apps have positive reviews in the App Store and Google Play. Users on online forums and communities have also voiced their satisfaction with the platform’s commission-free trading, wide range of investment options, and responsive customer support.
Is my money safe in Trading 212?
Trading 212 is a broker that offers both derivative products through CFDs as well as real shares and ETFs (funds containing a collection of stock exchange shares put together). They don’t charge any fees when you buy or sell these investments, which is great news. They have a good variety of investment opportunities, including the option to invest in fractional shares, which are handy for those on a smaller budget.
However, it would be nice to see a wider range of markets and financial instruments to choose from. Fortunately, they have a demo account that allows users to practice and test their skills without risking any money. In addition, they’re regulated by top European regulators like the FCA and Bulgarian FSC, so you can be sure that your funds are safe with them.
Another thing that makes Trading 212 safe to use is that their client funds are held in segregated accounts from the company’s own assets and protected by the Financial Services Compensation Scheme in case of insolvency. In addition, they offer a second factor of authentication to protect your account, and their web platform features solid charting with 45 indicators alongside 19 drawing tools. Lastly, they allow you to deposit and withdraw your funds seamlessly from your bank account.Continue Reading