Trading212 vs Bybit
| Trading 212 Review 2023 | Bybit Review 2023 |
|---|---|
2.3
We do not recommend Trading212. Margin requirement changes made with no notice leave traders exposed to additional risk, and a mobile app rating of just 1.1* illustrates a serious issue with user satisfaction
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3.1
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 Traders from US not accepted
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Traders from US not accepted
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Trading 212 is a European-regulated CFD, stock and ETF broker that also offers ISA accounts. Traders can access markets through a proprietary trading platform and speculate on the movements of 1800+ tradeable instruments including forex, stocks, ETFs and commodities. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
| Bonus Offer | |
| Up To 4030 USDT Welcome Bonus | |
| Comment by Reviewer | |
| "Trading212 falls short of the standards we expect from online brokers. A subpar mobile trading app and questionable changes to margin requirements have eroded user confidence. There are better alternatives for day traders." | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
| Pros | |
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| Cons | |
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| Instruments | |
| Forex, CFDs, Indices, Shares, Commodities, ETFs | Cryptos, Futures |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.001 Lots |
| Regulator | |
| FCA, CySEC, FSC | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | 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 | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | Yes (iOS & Android) |
| Auto Trading | |
| AutoInvest portfolio | Via 3rd party software |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Trading 212 offers a portfolio copy trading service which is user-friendly and suitable for beginners | Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. |
| Social Trading | |
| Yes | No |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade leveraged CFDs on thousands of instruments, including forex, equities, commodities, indices, bonds and futures. The selection of asset classes is decent, but the trading software, particularly the mobile app, lags behind competitors. | CFD trading not offered |
| Leverage | |
| 1:30 | |
| FTSE Spread | |
| 2.5 points | |
| GBPUSD Spread | |
| 0.00028 pips | |
| Oil Spread | |
| 0.4 pips | |
| Stocks Spread | |
| 0.2% Var | |
| Forex Trading | |
| Trade 170+ major, minor and exotic forex pairs with floating spreads and leverage up to 1:30. Forex futures are also available on some currency pairs. However the forex broker has a track record of amending margin requirements without appropriate notice. | Forex trading not offered |
| 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.
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| GBPUSD Spread | |
| 0.00028 pips | |
| EURUSD Spread | |
| 0.00015 pips | |
| EURGBP Spread | |
| 0.00044 pips | |
| Assets | |
| 170+ | |
| Cryptocurrency | |
| Crypto trading not offered | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
| Spread | |
| Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% | |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Trading 212 vs |
Bybit vs |