Trading212 vs Global Prime

Trading 212 vs Global Prime Comparison Table 2024
Trading 212 Global Prime
2.5
3.8

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.

Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.

Customer Reviews
2
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." "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."
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
  • Full range of investments with 150+ assets including crypto
  • Low latency with execution speeds from 10ms
  • Wide range of deposit options with zero fees
  • Segregated client funds
  • 24/7 customer support
  • $0 minimum deposit
  • Trade receipts
  • ECN account
  • VPS
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
  • Clients from US and Canada are not accepted
  • Narrow range of account options
  • No MetaTrader 5 integration
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs Forex, indices, commodities, cryptocurrencies, shares, bonds
Demo Account
Yes Yes
Minimum Deposit
$1 A$200
Trading Platforms
  • Web
  • App
  • MT4
  • TradingView
  • AutoChartist
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, FSC ASIC, VFSC, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
No Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No 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 Yes
Copy Trading
No Yes
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform.
Social Trading
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • HUF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
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. Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero.
Leverage
1:30 1:200
FTSE Spread
2.5 0.84
GBPUSD Spread
0.00028 0.64
Oil Spread
0.4 1.6
Stocks Spread
0.2% Var Variable
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. Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server.
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 0.75
EURUSD Spread
0.00015 0.16
EURGBP Spread
0.00044 0.85
Assets
180+ 48
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche.
Spread
Floating
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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