Trading 212 Does the broker's name not withdraw funds?
Get your investments back using the international banking chargeback procedure
Free consultation
Trading 212
Trading 212
Reviews: 1
Contact the company
Expert assistance in choosing a broker
Free consultation 24/7
Select a company

Article Content

Website Address https://trading212.com
Email info@trading212.com
Founded Date Operating since 2006
Head Office Aldermary House, 10-15 Queen Street, London, EC4N 1TX
Support Phone not mentioned

The CFD broker reports that it has representative offices in two countries: the United Kingdom and Bulgaria. It is stated that the activities of its British division, Trading 212 UK Ltd., are regulated by the Financial Conduct Authority, which issued document number 609146. The representative office in Sofia, Bulgaria, operates under license number RG-03-0237 issued by the Bulgarian Financial Supervision Commission (FSC).

The company manages with 2 websites:

  • trading212.com;

  • app.trading212.com.

The website has full versions in 11 languages, including Russian. Before registering, only email and an online contact form are available for communication.

Trading 212

Account Registration on trading212.com

To register an account, you need to click on the corresponding button, select your country, then select the trading account you will be using, and complete the registration by providing the necessary information. Finally, verify your identity in your personal account.

Available Markets and Trading Platform of Trading 212

The broker promises access to 2,500 instruments in the following categories:

  • more than 1,500 currency pairs;

  • stocks, including those of top companies;

  • commodities ranging from precious metals to energy sources;

  • over 30 indices on major and niche markets.

The company offers to use exclusively its own trading application, which has mobile versions for iPhone and Android. It is stated that it has already been downloaded by more than 180 thousand customers, which is more than the description in the public domain and is limited.

Trading Accounts of the Broker Trading212

The company offers trading in contracts for difference (CFDs). The broker does not have the usual system of accounts divided according to deposit size, which determines the conditions and level of service. Instead, the trading conditions are the same for all investments.

For each category of trading instruments, there is a detailed table with trading conditions for retail and professional clients. It sets out the minimum trading volume requirements, market hours, and swap sizes. It is noteworthy that there are no swap-free options here, which means that cooperation with this broker is unlikely to suit clients who are Muslims.

The broker Trading212 also states that it offers stop losses and take profits, as well as negative balance protection. It promises no hidden fees.

Depositing Funds and Withdrawing Money from Trading 212

Information on this topic is available in the Trading Conditions section. The US dollar and the euro are approved as base currencies. Despite the British representation, the pound sterling is not available. However, clients from Russia can make deposits and withdraw funds directly in rubles.

The minimum thresholds for deposits and withdrawals are the same:

  • 10 EUR,

  • 10 USD,

  • 500 rubles.

Currency conversion is available with a commission fee of 0.5% of the exchange amount. Deposits and withdrawals are free of commission, but the client will have to pay for the services of the selected payment systems in both directions.

A full list of transaction channels will be available to those who register a personal account with Trading 212. At the bottom of the main page, you will find the logos of the main available payment methods, which, after registration, will be supplemented with local options depending on the trader's country. The basic set includes bank transfers, various types of cards, Skrill, as well as payments via Google and Apple.

Brief Conclusion about Trading 212

The website's informational content leaves much to be desired. For example, in the section with legal documents, the vast majority of the content is presented exclusively in English.

Registration in the UK and Bulgaria will not help protect the rights of traders in the post-Soviet space, as each state regulator operates exclusively within its own jurisdiction. This must be taken into account. We recommend that you carefully weigh the risks before deciding on real investments. The most reliable way to assess the potential dangers and benefits of working with a broker is with the help of an independent financial expert who will analyze the company's characteristics in relation to your financial advice and wishes.

Frequently Asked Questions

The overwhelming majority of brokers are scammers. Traders can identify illegitimate ones by using free online resources. It is essential to verify the company's registration, the licensing of its services, and its operational history. It is also important to assess the completeness and authenticity of contact information and the transparency of trading conditions.

You can consult specialists who can help evaluate the broker and identify signs of fraud, and if necessary, assist in opening an account with a reliable service provider. A knowledgeable and comprehensive approach will help avoid negative trading experiences.

First and foremost, pay attention to the content of the comments. Excessively emotional opinions without specifics may indicate paid content. Additionally, a broker's positive reputation may be indicated by mass activity on a single online portal or forum. Another sign of fake reviews is their formulaic nature. Such comments are filled with general phrases and advertising slogans. Fraudulent projects use paid content to confuse traders and lure them into cooperation.

It is important not to fall for the tricks of company representatives. This can lead to additional financial losses. With legitimate brokers, withdrawing funds is a free service that is not subject to any fees such as insurance, taxes, commissions, etc.

If you need assistance in withdrawing capital, it is advisable to consult specialists. Timely consultation with experts can help achieve positive results and withdraw funds from the brokerage account.

In the case of scam brokers, account blocking may be related to a simple refusal to withdraw funds. Clients are accused of violating agreements, money laundering, technical work on the platform, etc. Such manipulations are aimed at depriving traders of the ability to withdraw capital.

When a brokerage account or personal account is blocked, it is better to use the services of professionals . Depending on the reason for the blockage, experts can find the optimal solution to the problem.

The reasons for the inactivity of a brokerage company's presentation portal can vary widely. Blocking due to numerous complaints, cessation of project activities, inclusion in the blacklist of trading platforms — all of this can lead to access issues to the broker's site. Additionally, unstable internet connection and browser restrictions can cause improper functioning of the resource.

If the official broker's website does not open, seek help from experts. They will advise on any questions and provide recommendations for further actions.

First and foremost, it is important to ensure that there are no assets in the account and no debts to the broker. If there are instruments in the investment portfolio, they should be sold, and you should wait for the settlements to be completed. After that, you can submit a request for the withdrawal of funds and the closure of the brokerage account.

If the broker refuses to fulfill requests, it is better to consult experts. They can assist in closing the brokerage account and recovering funds through chargebacks . When preparing to dispute transactions, it is necessary to gather all available evidence of cooperation with the project. This will help increase the chances of successfully initiating refunds.

Reviews aboutTrading 212 1

I was born in Bulgaria and, partly on emotion, chose the Bulgarian broker Trading212. I was tempted by the affordable deposit and the fact that I could trade in rubles. Well, I'm not cut out for trading on emotion. They took advantage of me as much as possible with their training, and then blamed me. I tried to withdraw my remaining funds, but they refused. I started reading reviews about them and was horrified that I had trusted this so-called scam. Chargeback specialists helped me recover half of my money, including what they had stolen, by pointing out the poor quality of their services and their failure to deliver on their promises. They returned what I had transferred from my cards over the past six months, and they are looking into the earlier transfers, but they are not giving any guarantees. I am glad that at least half of the money I deposited was withdrawn.
1

Share your opinion

Use this form to leave a review about the company. All comments not related to the product will be deleted!