Trading 212 Vs Freetrade Review
Whether you’re looking to invest in shares, ETFs or currencies, Freetrade and Trading 212 both offer commission-free investments, user-friendly apps and comprehensive investment guides. But how do they differ? And which is the best option for you?
Trading 212 vs Freetrade review, a UK-based platform that has similar fee structures. Both offer strong regulatory protection and segregate client funds. However, Trading 212 goes one step further with private insurance up to EUR1 million for EU clients. This means that you are protected against any possible losses from leveraged trading. Moreover, it offers additional research reports for shares and ETFs, which aren’t available at Freetrade.
Trading 212 vs Freetrade Review: Which Platform is Better?
Customer feedback is generally positive for both trading platforms. Both have a high number of five-star ratings on Trustpilot, with Trading 212 scoring over 27,000 reviews and Freetrade around 4,000. However, some customers have complained about long wait times for support.
Trading 212 has a large selection of learning resources, including a free demo account and informative videos. It also has a discussion section in its app where users can debate investment ideas and portfolios. However, it’s important to remember that investing in other people’s portfolios comes with risks, so always do your research before making any decisions.
Moreover, Trading 212’s fees are competitive and fall in the low-end of the market. It charges no commission for shares and ETFs, but charges a small FX margin and overnight fee. It also offers fractional share trading, allowing you to buy and sell shares at a percentage of their full value.…