Trading 212 alternatives

Looking for an alternative to Trading 212? Compare the best competing trading platforms and apps here.

By   |   Verified by David Boyd   |   Updated 9th May 2022

Comparing Trading 212 alternatives

eToro

On eToro's website

68% of retail CFD accounts lose money

Featured

eToro

Brokerage Fee

N/A

Tradable Assets

Commodities, Crypto, ETFs, Forex, Indices, Shares

Tradable Indices

LSE, NASDAQ, NYSE and more

Signup Bonus

None

Highlights

  • eToro’s funding options and trading tools are similar to those of Trading 212, with the addition of their popular copy trading function.
  • Both brokers provide access to trade shares, ETFs, and CFDs, but eToro also has cryptocurrencies, forex pairs, and commodities.
  • Get access to your account funds with an eToro Money debit card, a feature that is not currently possible on Trading 212.
  • eToro has crypto staking, which means you can generate a passive yield while holding coins.
  • Trading 212 and eToro are both registered and regulated in the UK by the FCA.
Freetrade

On Freetrade's website

Freetrade

Brokerage Fee

£0.00

Tradable Assets

ETFs, Stocks

Tradable Indices

LSE, NASDAQ, NYSE

Signup Bonus

Free share worth up to £200

Highlights

  • You can buy fractional shares on either platform.
  • Both are mobile-first and available on iOS and Android. Trading 212 has a desktop app.
  • Freetrade has a general investment account, ISA, and SIPP account. Trading 212 does not currently have the option for a SIPP.
  • Trading 212 offers access to more international markets compared to Freetrade, including Canadian, German, and pan-European exchanges.
  • Trading 212’s FX fee is lower than Freetrade’s, making it cheaper for international trades.
  • Both companies are registered in the UK and regulated by the FCA.
Degiro

Degiro

Brokerage Fee

£0.00

Tradable Assets

Bonds, ETFs, Funds, Futures, Options, Shares, Structured products

Tradable Indices

ASX, LSE, NASDAQ, NYSE, TSE, XETRA and more

Signup Bonus

None

Highlights

  • Degiro offers more tradable instruments — shares, funds, bonds, futures, options — compared to Trading 212, which is limited to shares, ETFs, and CFDs.
  • Degiro has access to trade markets in the UK, US, Europe, Canada, Australia, Hong Kong, Singapore, Japan, etc. Trading 212 offers less choice.
  • Both platforms have apps for Android and iOS devices. Unlike Trading 212, Degiro can also be used in a web browser.
  • Degiro and Trading 212 offer a similar range of research and education resources.
  • The FCA regulates both platforms.
interactive investor

interactive investor

Brokerage Fee

£7.99

Tradable Assets

Bonds, ETFs, Funds, Stocks

Tradable Indices

Asian markets, ASX, European markets, LSE, NASDAQ, NYSE

Signup Bonus

None

Highlights

  • interactive investor offers a wide range of investment options including UK, US, and international shares, ETFs, and funds. Unlike Trading 212, they do not have CFDs.
  • Invest in a general investment account, ISA, or SIPP with interactive investor. Trading 212 does not currently have the option for a SIPP account.
  • interactive investor have a flat fee per trade whereas Trading 212 is commission-free. Both charge a foreign exchange fee when buying international shares. Trading 212’s FX fee is lower.
  • Both platforms have a minimum deposit of £1.
  • FCA regulate interactive investor and Trading 212, which is additionally regulated by authorities in Bulgaria and Cyprus.