Trading212 vs TradeZero

Trading 212 vs TradeZero Comparison Table 2024
Trading 212 TradeZero
2.5
2.6

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.

TradeZero is a stock and ETF broker established in the Bahamas in 2015. Though the global entity is regulated offshore, the US subsidiary is overseen by FINRA with SIPC registration. The powerful proprietary trading software makes it a popular choice for active day traders.

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." "We recommend TradeZero for active stock traders looking for zero commissions, powerful software and extended hours 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
  • ZeroPro provides access to advanced charting features, instant alerts, customizable hotkeys and, for an extra monthly fee, OTC Level 2 markets
  • High intraday leverage up to 1:6 for global accounts with balances of $2,499+ and up to 1:4 for US clients
  • Four in-house platforms including a proprietary mobile app with real-time data streaming
  • Simple pricing structure; free or paid stock and options orders (eligibility requirements apply)
  • On-demand tutorial videos and live stream market insights
  • The US entity is registered with the FINRA and SIPC
  • Innovative solution to mark unused locates for credit
  • Pre-market and post-market trading hours
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
  • TradeZero only facilitates trading US stocks, with UK, EU and other international markets unavailable
  • High deposit and withdrawal fees; $50 for outgoing and $25 for incoming (waived if over $500)
  • The TradeZero global entity has weaker regulatory oversight from the SCB of the Bahamas
  • A $59 monthly fee applies to the ZeroPro and ZeroWeb terminals
  • Customer support is available 24/7 with a responsive live chat
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs Stocks, ETFs, Options
Demo Account
Yes No
Minimum Deposit
$1 $200
Trading Platforms
  • Web
  • App
  • Own
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FCA, CySEC, FSC SCB, FINRA
Margin Trading
Yes Yes
Margin Rate
8%
STP Account
Yes No
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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
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
Yes No
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 No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • HUF
  • USD
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
More Comparisons
Trading 212
vs
TradeZero
vs