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Trading212 vs Bybit

Trading 212 vs Bybit Comparison Table 2024
Trading 212 Bybit
Review
2.5
Review
3.1

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.

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.

Customer Reviews
2
Based on 1 Trading 212 customer reviews
Bonus Offer
Up To 4030 USDT Welcome Bonus
Comment by Reviewer
"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." "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives."
Pros
  • 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
  • Dual price mechanism reducing unfair liquidations
  • Increased profit potential with leverage up to 1:100
  • 24/7 customer help from a multilingual service team
  • No limits on trades and withdrawals on any account
  • Best-in-class market depth, minimum price impact trade execution
  • Industry-leading cold wallet strengthens security and improves the safety of funds
  • A useful risk management tool protecting retail traders against unfavorable price fluctuations
  • 100,000 TPS per contract which results in no overloads with an ultra-fast matching engine that is 10x the industry average
  • Retail clients can easily swap between supported coins within accounts, take profit and stop loss, strategy alerts, and adjust orders
Cons
  • 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
  • Bybit is not currently regulated in any country
  • Residents of some countries are restricted from opening an account, including clients from the US
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs Cryptos, Futures
Demo Account
Yes Yes
Minimum Deposit
$1 $0
Trading Platforms
  • Web
  • App
  • MT4
  • TradingView
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
Yes No
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes (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 Via 3rd party software
Copy Trading
No Yes
Copy Trading Platform
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
  • USD
  • EUR
  • GBP
  • CAD
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • HUF
  • EUR
  • GBP
  • TRY
  • RUB
Stock Exchanges
Commodities
CFD Trading
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. CFD trading not offered
Leverage
1:30
FTSE Spread
2.5
GBPUSD Spread
0.00028
Oil Spread
0.4
Stocks Spread
0.2% Var
Forex Trading
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 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.

 
GBPUSD Spread
0.00028
EURUSD Spread
0.00015
EURGBP Spread
0.00044
Assets
180+
Currency Indices
  • USD
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
  • BTC
  • ETH
  • EOS
  • XRP
  • USDT
  • BCH
  • LINK
  • XTZU
  • LUNA
  • SRM
  • TRX
  • RUNE
  • THETA
  • STRM
  • YFI
  • WAVES
  • DXPX
  • ENS
  • USDC
  • ADA
  • BEL
  • BIC
  • REN
  • MKR
  • LING
  • CN98
  • CAKE
  • CAPS
  • BUSD
  • BTT
  • CBX
  • CELO
  • BTG
  • BUSD
  • KLAY
  • BNB
  • DOT
  • AGLA
  • AGLD
  • LING
  • DOME
  • FIU
  • FLOKI
  • FITFI
  • HOT
  • ALGO
  • FCD
  • APEX
  • AXS
  • BAT
  • ANKR
  • BNT
  • BOBA
  • ALGO
  • FIDA
  • FL
  • UNI
  • AAVE
  • SUSHI
  • XEM
  • APE
  • ATOM
  • AVAX
  • DOGE
  • ETC
  • FTM
  • LTC
  • MATIC
  • SAND
  • SWEAT
  • DLC
  • AXS
  • CHZ
  • OP
  • OKSE
  • ZEN
  • ZIL
  • ZRX
  • ACH
  • ACM
  • DYDX
  • ELT
  • FTT
  • HERO
  • NEXO
  • MKR
  • QMALL
  • QNT
  • REAL
  • TRIBE
  • INTER
  • FAME
  • REN
  • ENS
  • ELT
  • ELJ
  • DICE
  • DRIV
  • FLOKI
  • FLOW
  • GENE
  • GMX
  • IME
  • KRL
  • KOK
  • NFT
  • LWF
  • KMON
  • KASTA
  • ICX
  • CRAFT
  • CWAR
  • CTC
  • CULT
  • DEFY
  • DFI
  • DICE
  • DRIV
  • GSTS
  • JST
  • GODS
  • IZI
  • JASMY
  • ERTHA
  • COMP
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No Yes
Auto Market Maker
No No
Review
Review
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