Trading212: customer reviews. How to use?

For each of us, the Internet can become a source of high and stable income. Take a look at at least a lot of brokers engaged in trading currencies, securities and companies' shares - thousands of people work with them, who manage to have good money from this.

Than you are worse? Absolutely nothing! Perhaps, you have a talent for financial transactions, and you work as a simple clerk in the office.

If this topic interests you and you even would like to try yourself in this new business, then we bring to your attention an interesting article about the Trading212 platform. Feedback indicates that this company may be interested in both beginners and experienced traders and that it has serious prospects. Why you should pay attention to it, we will tell further. In the meantime, we describe what the essence of the process is.

Currency Trading

So, as you can understand without any hesitation, the earnings on currency instruments from operations with valuables are based on trading manipulations. That is, it's about buying and selling. With this, everything is very simple: you buy or sell one of the tools in a certain amount, watch the movement of the indicator and see how successful your deal was.

If the value of the product increases, you make a profit in the event of its acquisition, when the instrument becomes cheaper, you are not mistaken if you started selling it.

Here, in fact, that's all. The basis in profitable work in the financial market is the ability to predict how the exchange rate of currency, gold, oil or gas will change. Trading212 also works. The reviews show that the main thing here is to get right in time about the further movement of the indicator and, accordingly, to carry out the necessary deal.

"Forex" or binary options?

In fact, it's like trading on Forex. The profit depends on how much you bought or sold the items of a financial instrument. Ultimately, your profit or loss can vary significantly.

There is an alternative - this is the trade in binary options. This mechanism of trade is not the topic of our today's article, but for general erudition, you should know about it. There the process of trading is somewhat simplified - you only need to predict in which direction the price change will occur, and you will receive up to 85-90 percent of the profit from the transaction if the forecast is correct.

Many experts believe that options are more like a lottery than trading in currencies. Therefore, preference is given to "Forex". The popularity of the dealer Trading212, about which we are going to post further, proves this. Well, let's take a closer look at the features of this site.

Platform Trading212

At first glance, the dealer does not differ much from dozens of the same ones that carry out intermediation in the foreign exchange market. The company has a beautiful website, which describes many years of experience in the market, information about tens of thousands of customers is given, that they are a subsidiary of the Avus group (this is a large European financial union).

In general, for an ordinary trader, this site is not very unique. The only thing is, it's an interesting trading platform - MetaTrader is not familiar to us, it has developed applications for mobile operating systems iOS and Android. Thus, Trading212 (reviews confirm this) is a resource for trading on the Forex market with the help of mobile devices - smartphones and tablets.

How to start trading?

Obviously, in order to get started here, you need to install a broker application. This is very simple, it takes about 35 megabytes and is freely available in the Google Play and Appstore content directories.

In addition to the fact that you need to install the program on your device, it, of course, must be registered. The system allows for two types of accounts - educational and real. In order to try your hand and assess how much you understand and interesting trading in the foreign exchange market, you can safely get a training account. It's very fast, free and it's not much different from working on this account. The only significant difference is that you do not require investment of funds and, accordingly, you will not be able to withdraw the profit. The training record is created with a balance of 10,000 "training" euros.

Account creation terms

In order to start trading for real money, you need to have a second type of record - a real one. It is created empty, with zero balance. You yourself will have to make money for trading on Trading212. How to withdraw money later, we will tell. Believe me, this is not so difficult.

In addition to the fact that for the establishment of this account you will need to register your actual contact details, you will also be required to confirm them by sending a scan of the passport to the addresses indicated on the website in a certain format. This procedure is necessary to exclude any fraudulent actions on your part, as well as to identify the person in the future, when withdrawing money.

The rules of the service are not forbidden to create several accounts.

Currency instruments

Find information on what exactly you can trade at Trading212.com (reviews show that many even fail), should be on the company's official website. In general, eight currency instruments are listed there: the "forex" itself is a pad, oil and gas, gold and silver, Brent crude oil, American, French, German stock exchanges, indices, and European exchanges. Accordingly, the currency pairs, stocks and courses themselves (within the framework of these instruments) can be much larger, which gives the user the opportunity to express themselves in different ways.

It is important to clarify that all these tools are available at different times of the day. Therefore, this information should nevertheless be clarified in advance.

Interface

I would also like to say a few words about the application interface offered by Trading212. How to use it, everyone can understand it - it has a fairly simple interface. If you want, you will understand it in a matter of hours.

So, at the first boot, we are greeted with the offer to open a virtual account. As soon as you do this, you enter your office, where you will see the "Tools", "Open Transactions", "Pending Transactions" tabs, as well as "News", "Settings", "Contacts" and so on. We are primarily interested in "Tools". Here you will see a list of what you can trade. Next, clicking on any currency pair, you will see two buttons ("Buy" and "Sell") and a drop-down menu with the number of items available for the operation - 5, 10, 20 and so on. After you select the quantity and the trading direction for the instrument, the currency indicator will be displayed in the center of the screen, and above - a clear calculation of your profit or loss. At the bottom of the screen there are also statistics of how many users (in percentage terms) conduct a purchase / sale transaction.

The fact that it's easy to handle and easy to understand, confirms the feedback, www.trading212.com, in addition to a clear application, also has various training materials. Let us also mention this topic.

Training

The platform offers free training to its customers. It takes place in two forms - text materials with a general theory of trade and video courses on how to trade in currencies and profit from it, what to look for, how to make forecasts, and so on.

Having studied all this information, even a complete beginner will have at least some idea of the work of the market and how profitable trade is carried out on Forex and on Trading212. Training also allows you to acquire skills that will be useful to you in the future, including when working with other brokers.

Input and output of funds

The service accepts and disburses funds in the following forms: by bank card, by transfer, with the help of PayPal, CashU, UnionPay, DotPay, CarteBleue, SafetyPay, MisterCash and DirecteBanking. As we see, the user from the Russian Federation will most conveniently work with the company through a bank or using PayPal. The remaining currencies are less common, and such well-known payment systems as Webmoney or Yandex.Money are not accepted here.

The minimum amount for replenishment is $ 150 - this threshold is mandatory for anyone who wants to start trading. The withdrawal of funds is carried out depending on how your account was replenished. The system has a single rule - the funds are paid in the same way as they were made. Commission for the withdrawal is equal to 1 percent (it comes directly Trading212). How to withdraw money, you will understand the account itself - there is a corresponding button.

User Reviews

Service has become well known in the communities of traders due to the novelty of the idea to develop applications for mobile platforms. In addition, it is a new company with which it is profitable to work, carrying out trading operations with different financial instruments. Therefore, there are a lot of comments about Trading212 Pro (trading clients of the company).

They can be divided into two categories: some argue that the company is interesting in terms of cooperation, it definitely has a prospect on the market; Others note that they can not understand, based on the materials on the Trading212 website, how to use the trading terminal and what are the conditions for opening and closing certain trading instruments. Some users say that it's extremely inconvenient to trade with mobile devices.

Service Prospects

Of course, the ideal for all service can not be. There are always people for whom its interface is cute, simple and convenient, and those to whom it may seem unfinished or somehow confusing. This shows the fact of how diverse the Trading212 Pro reviews are.

Nevertheless, the project has the right to be evaluated. The market for a long time, user contributions are guaranteed compensation, so do not trust this company no reason.

And if you would like to try trading in currency values, show your ability to analyze the market, predict various events that can affect economic performance, then why not try? Even starting on a free account is a new experience.