Plus500 Vs Trading 212
Trading 212 offers an easy and straightforward account opening process. Its platform is fully digital and the registration takes just one business day to complete. Users need to fill out an online form with their personal information and submit verification documents. The broker also offers a number of payment options, including credit and debit cards, bank wires and e-wallets. Deposits and withdrawals are usually processed quickly, though some methods may incur small fees.
Both plus500 vs trading 212 offer a wide selection of CFDs, allowing traders to diversify their portfolios and take advantage of various market conditions. In addition, both brokers provide access to a broad range of global stocks. However, Plus500 has a bigger stock selection and offers a wider variety of investment products, including an ISA account.
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The Trading 212 app is easy to use, but it has a lot of features that aren’t necessary for executing trades. This can make the app slower to load charts and place trades. Plus, the app does not include basic security features like two-factor authentication.
In terms of customer support, Trading 212 provides live chat and email support for customers. The broker also has an extensive knowledge base and a community section on its website, where customers can post questions and receive answers from other users. However, it does not have phone support, which can be a drawback for some traders. Nonetheless, the broker is regulated by the FCA and CySEC and adheres to strict safety standards.