Investing in shares, ETFs and funds
Trading 212 gets a top rating for its investment offering thanks to its large suite of tradable assets. This includes the full range of UK and US stocks, and a wide selection of ETFs. It also has a good choice of foreign exchanges, and low FX fees. In addition, it offers the ability to build a portfolio with fractional shares, making euro-cost averaging easier, and it accepts standing orders for automated investing. Find out https://www.theinvestorscentre.co.uk/trading-212-review
The platform is easy to use, and its mobile app has been rated 4.6 out of 5 on Trustpilot. It is free to download, and there are no membership or inactivity fees. Trading 212 is authorised and regulated by the FCA, meaning you’re protected if something goes wrong.
How does Trading 212 make money?
The bulk of Trading 212’s revenue comes from CFDs, which let you speculate on the price movements of underlying assets such as shares and currencies without owning them. In contrast to real delivery share trading, where you own the underlying asset, CFDs carry risk and can quickly lose value. The company also makes money by charging spreads on trades, the difference between the highest or ‘offer’ price to buy an asset and the lowest or ‘bid’ price to sell it. It also charges interest on uninvested cash held in its accounts, which is paid in thirteen currencies including USD, GBP, EUR, CAD and CHF. The company is working on enabling customers to deposit and withdraw in their own currency, avoiding conversion fees from banks.