212 Trading App Review
Trading212 Review is a popular broker that offers commission-free stock and ETF trading. Its user-friendly app and good customer service makes it a great choice for beginners. It also has a lot of advanced tools, including a full suite of indicators and drawing tools. It also lets you create a custom chart template for easy use of your favourite settings. In addition, it has a lot of educational content on investing and trading topics.
Aside from stocks and ETFs, 212 also offers CFD trading and Forex. CFDs (Contracts for Difference) are derivatives that enable you to speculate on price movements of underlying assets without owning the asset outright. For example, a long position on gold would generate a profit as the price rises or incur a loss as it falls. 212 has over 1,785 symbols available for CFD and Forex trading. They offer a full range of tradable commodities as well, and you can invest in 184 different currency pairs – including the majors.
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A nice feature is the ability to lend out shares in your account – this earns you interest payments on any uninvested cash. This is not a common feature among stock brokers, but it’s a pretty cool one. 212 also offers a Stocks and Share ISA for tax-free investing in the UK.