[TA Edge]

What is the deal with Trading 212? I thought they were a big regulated brokerage but I see mixed stuff about them online with some saying they are scammers. Is tjhis right?

Thnks.

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[James Barra]

Hi TA Edge,

Trading 212 is a legitimate broker authorized by ‘green tier’ bodies in DayTrading.com’s Regulation & Trust Rating, notably the FCA in the UK and CySEC in Cyprus, earning it a 4/5 trust score.

However, it has had its share of criticism, hence why you may see mixed reviews online.

For example, in 2020 they promptly increased margin requirements with limited warning, risking automatic position closures for clients due to insufficient capital, potentially harming portfolios.

We’ve also seen stories of scammers using Trading 212 accounts in their dealings, for instance convincing victims to open Trading 212 accounts, move funds into them, and then clearing them.

I suggest reading our Trading 212 review for more information and to decide whether it’s the right fit for your needs.

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[Steve]

Trading 212 is definitely a legitimate broker. If you look at all the firms people have enquired about in the ‘scam broker check’ these guys stand out from all the rogue, offshore lot.

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[TA Edge]

Helpful, TY and you’ve answered my main question, which is are they a real outfit or one of these small scammy firms.

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