Among the United Kingdom’s most awaited brokerage firm reviews is Trading 212, an investment entity that provides traders the ability to trade and invest comfortably.
Leading trading specialists at the finance portal Traders Union (TU) recently released an in-depth analysis of this broker and assessed its services, advantages, and disadvantages to investors and traders.
Based on experts’ examination, Trading 212 CFD focuses on the utilization of technology with an aim to make trading conditions excellent for both inexperienced and professional finance market participants.
Hence, this broker sets a minimum deposit level of 1 GBP or EUR, opening up its access to the stock market for a huge number of clients. Besides, the development of its trading mobile app has made the company famous in the United Kingdom and elsewhere, garnering 15 million downloads.
Operating since 2006, Trading 212 provides more than 12,000 stocks and ETFs available in Invest/ISA accounts, considered the highest data among its peers. Also, it has 5,000 leveraged instruments in the CFD account.
With over 1.50 million active clients, its customer service support is available 24 hours a day and seven days a week.
This broker offers three types of accounts, including an account for investment, active trading, and ISA, which is only available in the United Kingdom.
For the investment account, trading is performed exclusively on the stock market, while active trading account holders have access to foreign exchange (Forex) and other markets.
Furthermore, the broker carries out the trading process in two modes, which are through a browser and a mobile application for iOS and Android. Thus, its customers do not need to install extra software. They just need to connect their own devices to the internet.
Trading 212 offers five useful services, including news, economic calendar, analysis, help center, and auto-invest.
The news services permit clients to stay up to date with the latest trends in the international economic arena, while the economic calendar gives them more detailed data regarding the current market situation.
Subsequently, its analysis service is composed of daily analytical materials on the most famous and trending trading gizmos.
Its help center allows traders to find responses to the platform’s most frequently asked questions using its built-in search engine.
Moreover, the company’s auto-invest features an automated system that simplifies the investment process.
During its continuous activity for 27 years, Trading 212 has garnered many positive and negative reviews.
Some clients love the company’s mobile application feature, giving them a comfortable trading experience.
Others praise the firm’s customer service support as it provides professional assistance at any time. Besides, clients’ funds are reliably protected by segregated accounts, and the entity utilizes convenient payment systems available worldwide.
Another upside is the company’s low level of minimum deposit and its effort to educate beginner traders to understand the basics of trading. It also has prepared programs for professional investors who aim to improve their skills.
On the other hand, Trading 212 receives so much dissatisfaction from its previous and current clients, who keep on writing their frustrations on the platform’s website.
Some of these include its lack of investment programs, a small number of ways to contact support, its failure to hold contests for traders, few communication methods for its customer services, and its consideration of a claim from a private client that takes more than one month.
Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.
“Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here!
