Is Trading 212 Safe?
Founded in Sofia, Bulgaria and with offices in London, UK and Limassol, Cyprus, Trading 212 is one of the more established brokerage companies on the market. They’ve demonstrated stability as a company and they consistently release new features to enhance their platform, making them a solid option for beginners or more experienced traders alike.Source :theinvestorscentre.co.uk
Trading 212’s commission-free stock and ETF trading and support for fractional shares are major draws for beginner investors. Additionally, the broker pays interest on cash held on its accounts, which is a nice touch. The platform also allows you to buy and sell shares in multiple currencies, and they have an innovative feature called Pies and AutoInvest that make it easy to automatically invest small sums on a regular basis.
Is Trading 212 Safe? A Comprehensive Security Review
However, the broker lacks some key features that are important to advanced traders, such as a wide range of assets and more advanced charting tools. Moreover, Trading 212 does not offer margin trading, which is an essential feature for more experienced traders.
While all brokers are required to display warnings that trading is risky, Trading 212 goes further than most by doubling down on this message during account creation. This is a refreshing change from many brokers that bury such information on their websites and is a good sign that the broker takes their responsibility seriously. They are also regulated by top-tier authorities and follow the strictest safety frameworks. In addition, all of the broker’s entities comply with ESMA’s MiFID II.…