As long as you trade responsibly, Trading 212 is safe for you from a technical and regulatory standpoint. The platform is regulated by the FCA and CySEC, and offers segregated client funds and industry-standard encryption. Additionally, it provides tools to manage risk, including stop-loss orders and negative balance protection. However, remember that no trading platform is completely risk-free. Leveraged CFDs can magnify losses, and you should always invest wisely.
The broker’s user-friendly interface makes it easy to get started, even for beginners. It also supports a variety of devices and boasts top-notch customer support. Its free deposit and withdrawal options are another selling point, as well as its education and community forums. Continue reading
Trading 212 offers no commission on stock and ETF trading, so how does the platform generate income? The brokerage’s main source of revenue is through interest rates on CFDs. Additionally, the firm can earn money from lending your shares. The company also charges a 0.5% currency conversion fee on trades that occur in currencies other than your base account currency.
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In addition to this, the company is a member of several leading industry organisations. This ensures that the firm complies with strict regulatory standards. Trading 212 also prioritises account security with features like two-factor authentication and regularly updates its cybersecurity protocols. Furthermore, it requires customers to use secure internet connections and update their passwords regularly. This will help minimise the likelihood of a data breach. Moreover, the company does not hold any proprietary positions or take direct risk on your behalf.