Trading212 vs NicoFX

Trading 212 vs NicoFX Comparison Table 2023
Trading 212	NicoFX
Review 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	Review Not Yet Rated
Traders from US not accepted	Traders from US not accepted
Trading 212 offer a mobile trading experience with copy trading functionality and a range of investing assets.	NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Pros
Demo account Copy trading Strong regulation Low minimum deposit Multiple payment methods
Cons
No MetaTrader 4 integration
Awards
#1 Trading App - Apple App Store	Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards Best STP Broker 2016 - MENA Awards
Instruments
Forex, CFDs, Indices, Shares, Commodities, ETFs	Forex, Metals
Demo Account
Yes	Yes
Minimum Deposit
€/£/$1	$100
Payment Methods
Apple Pay Credit Card Debit Card Giropay Google Wallet iDeal Mastercard PayPal Skrill Sofort Visa Wire Transfer	Credit Card Mastercard Skrill UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 lots
Regulator
FCA, CySEC, FSC	CySEC
Margin Trading
Yes	No
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
No	Yes
DMA Account
No	Yes
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
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	Yes
Auto Trading
AutoInvest portfolio	Yes (EAs)
Copy Trading
Yes	No
Copy Trading Platform
Trading 212 offers a portfolio copy trading service which is user-friendly and suitable for beginners
Social Trading
Yes	No
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD SEK NOK CHF CZK
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group S&P 500 SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Lead Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Gold Silver
CFD Trading
Trade CFDs on a range of markets commission-free including forex, stocks, and commodities	CFD trading not offered
Leverage
1:30	1:30
FTSE Spread
2.5 points	N/A
GBPUSD Spread<
0.00028 pips	From 0.9
Oil Spread
0.4 pips	N/A
Stocks Spread
0.2% Var	N/A
Forex Trading
Trade 170+ major and minor currency pairs with floating spreads.	Start trading a long list of leading currencies with up to 1:30 leverage.
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 pips	From 0.9
EURUSD Spread
0.00015 pips	From 0.9
EURGBP Spread
0.00044 pips	From 0.9
Assets
170+	38

Review	Review
More Comparisons
Trading 212 vs	NicoFX vs