Do pros use trading 212?

Do pros use trading 212?

Trading 212 has commission-free stocks and ETFs, and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high….Trading 212 review. Fees.

Pros Cons
• Free stock and ETF trading • High forex fees
• Low CFD fees • High financing rate
• No withdrawal and inactivity fee

What is Trading212 pro?

Trading 212 is an online brokerage aiming to make the world of trading securities and forex more accessible. Our review of the Trading212 service includes information on the platform, trading fees, the demo account (and pro account), minimum deposit and payment methods.

Is trading 212 profitable?

Trading 212 group revenue came in at £29.7 million in 2019, down 47% from £56.3 million in 2018. Profits at Trading 212 for 2019 totaled £7.2 million, down 78% from 2018’s £28.9 million.

Is scalping allowed on trading 212?

While you can certainly open and close a single position under five minutes on our platform, as a risk management decision under certain circumstances, “scalping” is strictly forbidden on Trading 212. …

What do you need to know about trading 212?

Created with Sketch. Trading 212’s fractional shares feature lets you invest small amounts, even in the highest-priced stocks, and this video is going to explain just how you can get Created with Sketch.

Is there customer support for the trading 212 app?

Customer support is available 24 hours a day across a variety of platforms and in 16 different languages, with support centres spread all over the globe. The Trading 212 app has been downloaded several million times, with huge numbers of transactions being processed every day.

Can a professional trader open a trading212 account?

Trading212 do offer ‘professional’ accounts. These allow regulated users to access higher levels of leverage in exchange for waiving regulatory protection. Traders can apply directly when they open an account, but must meet certain criteria (trading experience, trade frequency and capital) before being accepted for a Pro account.

Is there negative balance protection for trading 212?

Negative balance protection is also offered to regulated traders. Trading 212 technically only offers one account type, meaning fees, charges and leverage are the same for all users. This fits in with the company ethos of ‘democratising trading’.