nextmarkets vs Trading212

nextmarkets vs Trading 212 Comparison Table 2024
nextmarkets Trading 212
2.7
2.5

nextmarkets is a German-headquartered stock and CFD broker, established in 2016. You can open an account in less than five minutes on the beginner-friendly app and start trading over 5000 instruments. The firm also offers hundreds of monthly trading ideas to support newer investors.

Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets.

Customer Reviews
2
Comment by Reviewer
"We recommend nextmarkets if you want to trade stocks and ETFs with zero commissions on a user-friendly mobile app. The broker's experts also share daily trading ideas." "With its user-friendly app, low barrier to entry and fractional shares, Trading 212 is particularly suited to beginners. However, it lacks the advanced charting tools experienced day traders will want. Its products are also increasingly geared towards longer-term investors."
Pros
  • Easy to use mobile app packed with market alerts, customizable charts and straightforward order placement
  • Excellent investment offering with 5000+ products including forex, cryptocurrencies, stocks, bonds and ETFs
  • There is a wealth of educational resources suitable for new traders including articles and video content
  • Regulated in the EU with adherence to MiFID and membership with the ICF
  • Transparent pricing model with commission-free trading for retail investors
  • No minimum deposit makes the brand accessible for beginners
  • One of the standout features of Trading 212 is its commission-free trading, meaning you can buy and sell stocks, ETFs, and other financial instruments without incurring traditional brokerage fees
  • Trading 212 has an intuitive and user-friendly platform that is especially accessible for beginners, with a straightforward layout and a reasonable range of tools for analysis
  • The platform offers a good suite of instruments, including stocks, indices, ETFs, currencies, commodities, and CFDs. This variety can help you to create a diversified investment portfolio
  • A sleek mobile app lets you trade on the go. It’s well-designed and offers features similar to the web platform, making it convenient if you prefer mobile trading
  • Up to 5.1% interest on uninvested cash is available, appealing to hands-off investors
Cons
  • Customer service is only available between 9 AM and 6 PM weekdays, with no weekend or out-of-business hours support
  • Commission-free trading is only available on volumes over €500
  • Limited funding methods with no Paypal, Skrill or Neteller
  • No third-party platform such as MetaTrader 4
  • Experienced day traders who rely on sophisticated technical analysis tools will find Trading 212’s charting features to be somewhat basic, especially compared to alternatives like IG
  • While Trading 212 offers leveraged trading through CFDs, there are restrictions on leverage for certain instruments. If you want high leverage for your strategies, you will find these limitations constraining
  • There’s no copy trading, a significant drawback given Trading 212's client base is largely beginners and brokers like eToro offer this feature
  • There is no support for algorithmic or automated trading, nor third-party apps like MetaTrader 4, which will deter advanced traders. IC Markets ticks these boxes
Instruments
CFDs, Forex, Stocks, ETFs, Cryptos, Commodities CFDs, Forex, Stocks, Indices, Commodities, ETFs
Demo Account
Yes Yes
Minimum Deposit
$0 $1
Trading Platforms
  • Own
  • Web
  • App
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
MFSA FCA, CySEC, FSC
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
App Review

Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.

 

Auto Trading
AutoInvest Portfolio
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • HUF
Stock Exchanges
Commodities
CFD Trading
Trade 5000+ CFDs on a no-frills trading platform and mobile app. This includes stocks, indices, and commodities with a maximum leverage of 1:30 in line with EU regulations. Engage in leveraged CFD trading across a wide array of instruments, encompassing forex, stocks, commodities, and indices. Yet while the selection of asset classes is satisfactory, the charting software and floating spreads for short-term traders fall behind that of competitors.
Leverage
1:30 1:30
FTSE Spread
1 2.5
GBPUSD Spread
1 0.00028
Oil Spread
N/A 0.4
Stocks Spread
Variable 0.2% Var
Forex Trading
Trade 20+ currency pairs with floating spreads averaging 0.8 pips for majors like the EUR/USD. However, the range of currencies and forex research trails the best brokers so we don't recommend nextmarkets for serious currency traders. Trade over 180 major, minor, and exotic forex pairs on the Trading 212 platform, featuring floating spreads and leverage up to 1:30. It’s important to note, though, that the forex broker has a history of adjusting margin requirements without providing adequate notice. As a result, CMC Markets is a better pick for forex traders with more currency pairs and a cleaner record.
Forex App

Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.

 

GBPUSD Spread
1 0.00028
EURUSD Spread
0.6 0.00015
EURGBP Spread
0.8 0.00044
Assets
21 180+
Currency Indices
  • USD
Cryptocurrency
Trade cryptocurrency CFDs including Bitcoin, Litecoin and Ethereum. You can go long or short on popular digital currencies with up to 1:5 leverage and variable spreads. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • ETH
  • DOGE
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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