Compare Weltrade vs Trading212
What is Weltrade? What is Trading212?
Weltrade is an international company that has 16 years of experience in the FX market and online trading. It offers various trading instruments, such as Forex, CFDs, digital currencies, commodities, and metals. It also provides innovative tools for traders, such as Pies & AutoInvest, Fractional shares, and Interest on uninvested cash.
Trading212 is a fintech company that democratizes the financial markets with free, smart and easy to use apps, enabling anyone to trade Stocks, ETFs, Forex, commodities, and more. It disrupted the stock brokerage industry by offering the first zero-commission stock trading service in the UK and Europe. It also has a popular mobile app that has more than 14 million downloads.
Weltrade vs Trading212 Regulation Comparison
Weltrade is regulated by various authorities across Europe, such as the Financial Services Commission of Mauritius (FSC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) of the UK, and the Financial Sector Conduct Authority (FSCA) of South Africa.
Trading212 is also regulated by several authorities in Europe, such as the Financial Conduct Authority (FCA) of the UK, the Financial Supervision Commission (FSC) of Bulgaria, and the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg.
Weltrade vs Trading212 Trading Assets Comparison
Weltrade offers over 200 trading instruments, including 50 currency pairs, 10 digital currencies, 5 metals, 4 commodities, and 140 CFDs on stocks and indices.
Trading212 offers over 12,000 global stocks and ETFs from various exchanges in Europe and North America, such as Euronext Paris, NYSE, NASDAQ, Deutsche Börse Xetra, Euronext Amsterdam, Bolsa de Madrid, Wiener Börse, London Stock Exchange, and Euronext Lisbon.
Weltrade vs Trading212 Trading Fees Comparison
Weltrade does not charge any commission fees for deposits or withdrawals. It also does not charge any commission fees for trading digital currencies. However, it does charge a commission fee of $8 per lot for trading Forex and CFDs on its ECN account type. It also charges a spread fee that varies depending on the instrument and the account type.
Trading212 does not charge any commission fees for trading stocks and ETFs. It also does not charge any deposit or withdrawal fees for most payment methods. However, it does charge a commission fee of $0.0035 per share for trading US stocks on its CFD account type. It also charges a spread fee that varies depending on the instrument and the account type.
Weltrade vs Trading212 Account Types Comparison
Weltrade offers six account types: Micro, Premium, Pro, ZuluTrade, Crypto, and ECN. Each account type has different features and requirements, such as minimum deposit amount, leverage ratio, execution type, spread type, margin call level, stop out level, swap-free option, etc.
Trading212 offers two account types: Invest and CFD. The Invest account allows users to buy and sell stocks and ETFs with zero commission. The CFD account allows users to trade with leverage on various instruments, such as Forex, commodities, indices, etc.
Weltrade vs Trading212 Deposit Options Comparison
Weltrade supports more than 30 deposit and withdrawal methods, such as wire transfer, credit card, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, Yandex.Money, FasaPay, Bitcoin, Ethereum, Tether, and more. The processing time varies depending on the method. Some methods are instant while others may take up to 3 business days.
Trading212 supports fewer deposit and withdrawal methods than Weltrade. It only supports wire transfer, credit card, Skrill, Neteller, PayPal, Apple Pay, Google Pay, and Trustly. The processing time also varies depending on the method. Some methods are instant while others may take up to 3 business days.
Weltrade vs Trading212 Trading Platforms Comparison
Weltrade offers two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for desktop, web, and mobile devices. They offer various features and tools, such as multiple execution modes, multiple timeframes, multiple indicators, multiple order types, automated trading, etc.
Trading212 also offers two trading platforms: Trading 212 Invest and Trading 212 CFD. Both platforms are available for web and mobile devices. They offer different features and tools, such as Pies & AutoInvest, Fractional shares, Interest on uninvested cash, charting tools, price alerts, etc.
Weltrade vs Trading212 Analytical Tools Comparison
Weltrade provides various analytical tools for traders, such as economic calendar, market news, trading signals, trading calculator, trading contests, etc. It also offers educational resources, such as webinars, video tutorials, articles, etc.
Trading212 also provides various analytical tools for traders, such as economic calendar, market news, trading ideas, trading statistics, trading community, etc. It also offers educational resources, such as video lessons, articles, podcasts, etc.
Weltrade vs Trading212. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which forex broker is better or which one you should choose. However, you can consider some of the following factors to help you make an informed decision:
- Regulation: Both Weltrade and Trading212 are regulated by reputable authorities in Europe, such as the FCA of the UK. This means that they have to comply with high standards of security, transparency, and customer protection. However, Weltrade is also regulated by other authorities in different regions, such as the FSC of Mauritius and the FSCA of South Africa. This may give you more options and flexibility if you want to trade with a broker that is licensed in your country or region.
- Trading Assets: Both Weltrade and Trading212 offer a wide range of trading instruments, such as Forex, CFDs, digital currencies, commodities, and metals. However, Weltrade has more Forex and CFD pairs than Trading212, while Trading212 has more stocks and ETFs than Weltrade. This may affect your trading opportunities and diversification depending on what kind of instruments you prefer to trade.
- Trading Fees: Both Weltrade and Trading212 do not charge any commission fees for deposits or withdrawals. They also do not charge any commission fees for some of their trading instruments, such as digital currencies for Weltrade and stocks and ETFs for Trading212. However, they do charge commission fees for other instruments, such as Forex and CFDs for Weltrade and US stocks for Trading212. They also charge spread fees that vary depending on the instrument and the account type. You may want to compare the fees for the specific instruments and account types that you are interested in before choosing a broker.
- Account Types: Both Weltrade and Trading212 offer different account types that cater to different types of traders. Weltrade has six account types: Micro, Premium, Pro, ZuluTrade, Crypto, and ECN. Each account type has different features and requirements, such as minimum deposit amount, leverage ratio, execution type, spread type, margin call level, stop out level, swap-free option, etc. Trading212 has two account types: Invest and CFD. The Invest account allows users to buy and sell stocks and ETFs with zero commission. The CFD account allows users to trade with leverage on various instruments, such as Forex, commodities, indices, etc. You may want to choose an account type that suits your trading style, goals, budget, and risk appetite.
- Deposit and Withdrawal Options: Both Weltrade and Trading212 support various deposit and withdrawal methods that are convenient and secure. However, Weltrade supports more methods than Trading212. Weltrade supports more than 30 methods, such as wire transfer, credit card, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, Yandex.Money, FasaPay, Bitcoin, Ethereum, Tether, and more. Trading212 supports fewer methods than Weltrade. It only supports wire transfer, credit card, Skrill, Neteller, PayPal, Apple Pay, Google Pay, and Trustly. You may want to choose a broker that supports the method that you prefer or have access to.
- Trading Platforms: Both Weltrade and Trading212 offer user-friendly and powerful trading platforms that are available for desktop, web, and mobile devices. They offer various features and tools that can enhance your trading experience and performance. However, they use different platforms that have different functionalities and interfaces. Weltrade uses MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular platforms among traders worldwide. They offer multiple execution modes, multiple timeframes, multiple indicators, multiple order types, automated trading, etc. Trading212 uses Trading 212 Invest and Trading 212 CFD, which are proprietary platforms developed by the company itself. They offer Pies & AutoInvest, Fractional shares, Interest on uninvested cash, charting tools, price alerts, etc. You may want to try out both platforms with a demo account before choosing a broker.
- Analytical Tools: Both Weltrade and Trading212 provide various analytical tools that can help you make better trading decisions and strategies. They provide economic calendar, market news, trading signals or ideas, trading calculator or statistics, trading contests or community, etc. They also offer educational resources that can help you learn more about trading and improve your skills. They offer webinars or video lessons, video tutorials or articles, articles or podcasts, etc. You may want to choose a broker that provides the tools and resources that you find useful and relevant.
