Trading 212 alternatives
Looking for an alternative to Trading 212? Compare the best competing trading platforms and apps here.
By Andrew Boyd | Verified by David Boyd | Updated 5 Jan 2023
As seen on
Comparing Trading 212 alternatives
On website
80.2% of retail CFD accounts lose money
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.
On 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
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
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.
