If you want to trade stocks or ETFs on a commission-free basis, Trading 212 is an excellent choice. Its European clients do not pay any buying or selling fees (except when trading CFDs). In addition, the broker doesn’t charge custody or inactivity fees either. However, there is a small fee for currency conversions between EUR and USD.
The Trading 212 Review offers a range of investment options, including shares on global stock exchanges and a variety of fixed income assets. The platform also includes educational resources and a demo account, making it easy for beginner investors to get started.
Another benefit is the ability to buy fractional shares, allowing small investors to begin building a portfolio with less money than traditional brokers require. The brokerage also offers free standing orders and access to a large number of global stock exchanges. The brokerage’s competitive fees and high level of regulation make it a great choice for both beginners and experienced traders.
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A few downsides to consider include a limited number of advanced features for professional traders and slightly higher than average fees for currency conversions. Additionally, some users have reported slower than usual customer support response times during busy periods. However, the overall quality of customer service is well-regarded.