Compare FXOpen vs Trading212
What is FXOpen? What is Trading212?
FXOpen is a forex broker that offers ECN/STP trading, crypto CFDs, social trading, and various account types. FXOpen is regulated by ASIC, FCA, and FMA.
Trading 212 is a fintech company that offers commission-free investing in stocks, ETFs, forex, commodities, and more. Trading 212 is regulated by FCA and CySEC.
FXOpen vs Trading212 Regulation Comparison
Both FXOpen and Trading 212 are authorised by the FCA in the UK, which means they have to follow strict rules and regulations to protect their clients’ funds and data.
However, FXOpen has more tier-1 licenses than Trading 212, as it is also authorised by ASIC in Australia and FMA in New Zealand. Trading 212 only has one additional tier-2 license from CySEC in Cyprus.
FXOpen vs Trading212 Trading Assets Comparison
FXOpen offers more than 80 trading instruments, including 25 forex pairs, 25+ crypto CFDs, shares CFDs, index CFDs, spot metals CFDs, and commodity CFDs. FXOpen also allows scalping, hedging, and high-frequency trading strategies.
Trading 212 offers more than 1800 trading instruments, including 184 forex pairs, US and international stocks (non-CFD), ETFs (non-CFD), commodities, and crypto CFDs. Trading 212 also enables fractional shares investing and automated portfolio management with Pies & AutoInvest.
FXOpen vs Trading212 Trading Fees Comparison
FXOpen charges commissions from $1.5 per lot on its ECN account, which has raw spreads from 0 pips. FXOpen also has a STP account with no commissions but wider spreads from 1.5 pips. FXOpen does not charge any deposit or withdrawal fees.
Trading 212 does not charge any commissions or spreads on its Invest account, which allows buying and selling stocks and ETFs with zero fees. Trading 212 also has a CFD account with variable spreads from 0.9 pips on EUR/USD and no commissions. Trading 212 does not charge any deposit fees but has a withdrawal fee of £1 or equivalent.
FXOpen vs Trading212 Account Types Comparison
FXOpen has four main account types: Micro, STP, ECN, and Crypto. The Micro account is suitable for beginners who want to trade with small amounts of money. The STP account is for traders who want to trade with market execution and no commissions. The ECN account is for experienced traders who want to trade with interbank liquidity and low commissions. The Crypto account is for traders who want to trade with crypto CFDs and leverage up to 1:3.
Trading 212 has two main account types: Invest and CFD. The Invest account is for investors who want to buy and sell stocks and ETFs with zero fees and no leverage. The CFD account is for traders who want to trade with forex, commodities, indices, and crypto CFDs with leverage up to 1:30.
FXOpen vs Trading212 Deposit Options Comparison
FXOpen supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI Wallet, Yandex Money, AstroPay Card, Paysafecard, Neosurf, Rapid Transfer, POLi Payments, China UnionPay (CUP), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Emercoin (EMC), Namecoin (NMC), Peercoin (PPC), Dash (DASH), Bitcoin SV (BSV), Bitcoin Gold (BTG), NEO (NEO), Gas (GAS), Monero (XMR), IOTA (IOTA), Zcash (ZEC), Tron (TRX)[1][2].
Trading 212 supports fewer deposit and withdrawal options than FXOpen. They include bank wire transfer, credit/debit cards, Skrill, PayPal
FXOpen vs Trading212 Trading Platforms Comparison
FXOpen offers four trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader Desktop Terminal (TT Desktop Terminal), TickTrader Web Terminal . MT4 and MT5 are popular and user-friendly platforms that support various indicators, expert advisors, and trading tools. TT Desktop Terminal is a multi-asset trading platform that allows trading forex, crypto, stocks, futures, and CFDs on one account. TT Web Terminal is a web-based version of the TT Desktop Terminal that can be accessed from any browser.
Trading 212 offers three trading platforms: Trading 212 Invest, Trading 212 CFD, and Trading 212 ISA . Trading 212 Invest is a web and mobile platform that allows commission-free investing in stocks and ETFs. Trading 212 CFD is a web and mobile platform that allows trading forex, commodities, indices, and crypto CFDs with variable spreads and no commissions. Trading 212 ISA is a web and mobile platform that allows investing in stocks and ETFs within a tax-free wrapper in the UK.
FXOpen vs Trading212 Analytical Tools Comparison
FXOpen provides various analytical tools for its clients, such as market news, economic calendar, forex calculators, VPS service, PAMM accounts, ZuluTrade, Myfxbook AutoTrade . FXOpen also has a blog and a forum where traders can share their opinions and insights.
Trading 212 provides fewer analytical tools than FXOpen. They include market news, economic calendar, price alerts, charting tools, indicators . Trading 212 also has a YouTube channel where they post educational videos and tutorials.
FXOpen vs Trading212. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may suit different traders’ needs and preferences. FXOpen and Trading 212 are both reputable and regulated forex brokers that offer a variety of trading instruments, platforms, and features. Of course, there are other aspects that may also matter to you, such as customer service, educational resources, analytical tools, social trading features, etc. You may want to do more research on these brokers before making your final decision.
