Commission-free investing with no platform fee
Best for: Cost-conscious DIY investors who want to keep every fee at zero. Not for: Anyone who wants traditional funds (OEICs/unit trusts), a Junior ISA, gilt dealing, or hand-holding from a human adviser.
Trading 212's fees are one part of the picture. Are your pensions and savings actually on track?
See if you're on trackFree to check. No card required. Takes about two minutes.
Trading 212 built its name on removing fees. There is no platform fee, no dealing commission and no account charge on its ISA or SIPP. The only cost most investors pay is a 0.15% currency conversion fee when buying shares priced in dollars or euros.
The trade-off is scope. You can hold shares and ETFs but not traditional funds, and support is app-based. For an investor who wants a global tracker ETF inside an ISA at close to zero cost, it is very hard to beat on price.
Best for: Cost-conscious DIY investors who want to keep every fee at zero.
| Platform fee | £0 |
|---|---|
| Share dealing | £0 commission |
| Fund dealing | ETFs only, £0 commission |
| FX fee | 0.15% |
| Stocks & Shares ISA | Free |
| SIPP | Free |
| Withdrawals | Free |
| Minimum to start | £1 |
Verified July 2026 against Trading 212's published charges. Always check the provider's current schedule before opening an account.
Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.
Trading 212 scores 4.6 out of 5 on Trustpilot (Excellent) from tens of thousands of reviews.
Reviewers consistently rate the app as easy to use and good value, and many mention the competitive interest paid on uninvested cash.
The most common criticisms are slow identity verification for new accounts and support that can take time to respond.
Things that catch out new Trading 212 customers more than they should.
Trading 212 Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA, reference 609814). Cash is held in segregated client accounts and protected by the FSCS up to £85,000 for investment business, with an additional £120,000 cash protection under transitional arrangements. Investments are held in segregated custody and remain your property if the firm fails.
Yes. Trading 212 SIPP is free to open with no platform fee and no dealing commission. You can hold shares and ETFs inside it, but not traditional OEIC funds. There is no drawdown facility yet. To access your pension at retirement you would currently transfer out to a provider that offers drawdown.
No. Trading 212 does not currently offer a Junior ISA (JISA). For a JISA you would need a provider such as Hargreaves Lansdown, AJ Bell, or Fidelity.
There is no platform fee, no dealing commission, and no account charge on its ISA or SIPP. The only ongoing cost most investors pay is a 0.15% currency conversion fee when buying shares priced in dollars or euros. Cash ISA interest and the interest paid on uninvested cash are passed on but vary with Bank of England base rate.
Most reviewers say yes for the cost and ease of use, and no for the research tools and the chat-only support. If you want hand-holding or in-depth fund research, a full-service broker will serve you better.
Mostly from the spread on shares and ETFs (the difference between buy and sell prices) and interest earned on client cash held in segregated accounts. CFD trading also generates revenue but is not available to UK retail investors since the FCA's 2021 restrictions.
Trading 212 can hold your investments, but it will not tell you whether they add up to the retirement you want. Delphina models your whole financial life and gives you a straight answer.
Free to check. No card required. Takes about two minutes.
Capital at risk. This page is information, not financial advice.