Alternatives to Trading 212

Looking for an alternative to Trading 212? We've found some similar platforms.

Trading 212 is a popular trading platform in the UK. It’s got it all, really – a demo account that lets you practice, an ISA wrapper to hold your investments tax free and a range of different tools to help you research stocks and make trades. You can invest in stocks, exchange traded funds (ETFs), forex and commodities without paying any commission.

We’ve compared Trading 212’s features against all of the other providers we’ve reviewed to help you find similar providers, so if you’d rather not trade with Trading 212 or if Trading 212 isn’t taking on new customers, we’ve got you covered.

Check out our alternatives to Trading 212, including what similarities and differences the providers have.

Alternative to Trading 212 for its advanced trading platform: eToro

eToro is a very similar platform to Trading 212. Both providers let you invest in the main stock exchanges, although Trading 212 does have a few additional ones.

eToro’s got a higher minimum deposit of $200 for the first deposit (you can deposit from $50 thereafter). An additional feature that eToro has is social trading, which lets you copy other people’s trades.

SimilaritiesDifferences
Invest in the main stock exchangesDoesn’t have an ISA
Commission free tradingCan’t trade currencies or bonds
Advanced chartingNo dedicated learning tools
Watch lists
Access to news and research

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Alternative to Trading 212 for its ISA: Freetrade

Freetrade is a popular alternative to Trading 212. It also lets you invest in an individual savings account, but with Freetrade it’s not free.

Freetrade has a smaller foreign exchange fee. The main difference between Trading 212 and Freetrade is that Trading 212 has a web app, while Trading 212 is app-only. Freetrade also doesn’t have a demo account.

SimilaritiesDifferences
Invest in UK and US stocksTrading 212’s charting is much more advanced
ISA availableFreetrade is app only
Commission freeTrading 212 has better educational tools
Watch listsNo demo account

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Alternative to Trading 212 for its access to the major stock exchanges: DEGIRO

The main difference between DEGIRO and Trading 212 is that DEGIRO doesn’t let you use your ISA allowance. You can only invest in a general investment account with DEGIRO.

Both providers are popular choices with investors – they can get you access to the same major stock exchanges, you can access both with mobile and web apps and they’ve both got advanced charting tools.

SimilaritiesDifferences
Both let you invest in the major stock exchangesNo ISA option
iPhone, Android and web appsNo community, forum or space to share ideas with other investors
Advanced chartingNo demo account
News and research

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Alternative to Trading 212 for its access to US shares: Stake

Stake is a good alternative to Trading 212 if you’re only interested in US shares. You can’t buy shares on any other stock exchanges. It doesn’t have an ISA available, either, so if you’ve not used your ISA allowance for the year yet, this provider may not be for you.

It’s got commission free investing, lets you buy fractional shares and has exchange-traded funds.

SimilaritiesDifferences
Commission free investingYou can only invest in US shares
Invest in fractional sharesNo ISA available
Invest in ETFsStake’s charting isn’t as advanced as Trading 212’s
Guides on products availableMobile app only
News and research available

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Summary: Top alternatives to Trading 212

  • eToro: Top for the advanced trading platform
  • Freetrade: Top for its ISA
  • DEGIRO: Top for the access to the major stock exchanges
  • Stake: Top for the access to US shares

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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