Trading 212 fees - How much does it cost to trade?

*The information in this article is for general informational purposes only and does not constitute financial, tax, or legal advice. See full disclaimer.

Trading 212 is known for commission-free investing, but that does not mean every cost is £0. Depending on how you use the platform, you may still need to consider FX fees, market and tax charges, deposit fees after certain thresholds, and CFD costs such as spreads and overnight interest.

This guide covers the main Trading 212 fees for UK users, including Invest, Stocks and Shares ISA, Cash ISA, SIPP and CFD accounts.

When investing, your capital is at risk, and you may get back less than you put in. Past performance does not guarantee future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading 212 currently states that 76% of retail investor accounts lose money when trading CFDs with this provider.¹

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Trading 212 fees at a glance

Trading 212 says the only fee it can charge for Invest, ISAs, and SIPP is the 0.15% FX fee, with trading commission and custody fee listed as free. However, market, tax and third-party charges can still apply, so it is worth checking the order review screen before placing a trade.

Trading 212 in a nutshell

• Trading 212 is an investing and trading platform offering products such as Invest, Stocks and Shares ISA, Cash ISA, SIPP and CFD accounts. Its UK entity, Trading 212 UK Ltd, is authorised and regulated by the Financial Conduct Authority under firm reference number 609146.⁸
• Trading 212 currently says users can join “over 5 million clients”, with a caveat that all stats are global, and the client figure refers to lifetime funded accounts.⁹
• The exact products, protections and terms available to you can depend on your country of residence, account type, and the Trading 212 legal entity you are dealing with.

Trading 212 Invest, ISA, and SIPP fees

You can start investing in 10,000+ real stocks and ETFs on Trading 212 with as little as £1. Trading 212 also offers an ISA. You can invest tax-free into a Stocks and Shares ISA with as little as £1. According to the fintech, you can build a diversified portfolio and own even the most expensive stocks (such as Apple, Google, and Amazon) even with a small pot of money.

For Trading 212 Invest, ISAs, and SIPP accounts, here are the current Trading 212 invest fees:²

This means Trading 212 does not charge dealing commission or a custody fee for these accounts. However, that does not remove all possible costs.

Trading 212 says other charges related to trades are not charged by Trading 212, but by relevant exchanges and tax authorities. These can include:¹¹

• UK Stamp Duty Reserve Tax at 0.5% on eligible London Stock Exchange share purchases
• PTM Levy of £1.50 per trade for orders over £10,000
• US SEC and FINRA charges on eligible US sell orders
• French Financial Transaction Tax at 0.4% for relevant French companies

The government guidelines also confirm that Stamp Duty Reserve Tax is usually charged at 0.5% when buying shares electronically.¹²

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Trading 212 FX fee

The Trading 212 FX fee is one of the most important costs to understand if you buy assets in a different currency.

For Invest and Stocks ISA orders, Trading 212 says the value of a trade in a different currency is converted using the spot exchange rate plus a 0.15% FX fee. The FX fee is shown on the Review Order page before the user submits the order.¹³

For example, if you buy a US stock from a GBP balance, Trading 212 may need to convert GBP into USD. That conversion can trigger the 0.15% FX fee.

Trading 212 Invest is also a multi-currency account. Trading 212 says the account can hold and trade in supported currencies including GBP, USD, EUR, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUF, CAD and AUD, though available currencies can depend on country of residence. Trading 212 also says users may avoid FX fees on trades by selecting the asset’s currency when placing an order.¹⁴

There are some limitations. Trading 212 says multi-currency order selection is available only for Invest accounts, while ISA and CFD accounts use the primary account currency for transactions.¹⁵ Trading 212 separately says its SIPP supports multiple currencies, although SIPP deposits and withdrawals must be in GBP.¹⁶

Trading 212 deposit and withdrawal fees

Trading 212 deposit fees

Trading 212 says deposits by bank transfer and instant bank transfer remain free, although users should check whether their own bank charges anything.⁵

For card payments, Google Pay, Apple Pay, OpenBankingPL and Klarna, deposits are fee-free until the user has deposited £2,000/€2,000 in total. Once that cumulative limit is reached, Trading 212 says a 0.7% fee applies. Trading 212 also says the limit applies to total deposits into an Invest or ISA account and does not reset after each payment.⁵

Trading 212 currently says deposits into CFD accounts remain fee-free.⁵

Trading 212 withdrawal fees

Trading 212 says it does not charge fees for processing withdrawal payments. However, fees may be charged by the receiving bank involved in the payment process.⁶

Trading 212 CFD fees

Trading 212 CFD offers the chance to trade Forex, stocks, Indices and more, including commodities such as gold, silver and oil. There are transparent trading terms, tight spreads and negative balance protection. Trading 212 CFD fees need to be treated separately from investing fees because CFDs are not the same as buying and holding shares or ETFs.

Trading 212 currently lists the following CFD account fees:⁴

Trading 212 says CFD spreads are dynamic and change depending on underlying market conditions. Overnight interest may also apply to positions held overnight, and the overnight interest transaction can be positive or negative depending on trade direction and product specifics. Trading 212 says users can find fees for each CFD instrument in the app under “Instrument details”.⁴

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading 212 currently states that 76% of retail investor accounts lose money when trading CFDs with this provider.¹

Trading 212 inactivity fees

Trading 212 currently says there are no inactivity fees associated with a Trading 212 account.⁷

That means you should not be charged simply for leaving an account unused, based on the current fee page. Still, fee terms can change, so check the latest fee information before opening or using an account.

Other charges to watch for

Even if Trading 212 does not charge commission, there are still costs and charges worth checking before you trade.

These can include:

• FX fees when currency conversion is needed
• UK Stamp Duty Reserve Tax on eligible UK share purchases
• PTM Levy on some larger UK trades
• SEC and FINRA fees on eligible US sell orders
• French Financial Transaction Tax on relevant French shares
• ADR fees, where relevant
• CFD spreads
• CFD overnight interest
• card or digital wallet deposit fees after the £2,000/€2,000 cumulative threshold
• receiving-bank or intermediary-bank fees on payments
• tax obligations outside platform fees

Trading 212 says all listed market and tax charges are shown on the Review Order screen before confirming a trade.²

Trading 212 risk warnings

Before using Trading 212, make sure you understand the risk profile of the product you are using.

For investing, your capital is at risk, and you may get back less than you put in. Past performance does not guarantee future results.²

For CFDs, the risk is higher. CFDs are leveraged products, which means gains and losses can be magnified. Trading 212 currently states that 76% of retail investor accounts lose money when trading CFDs with this provider.¹

Trading 212 says retail clients cannot lose more than they initially deposited into their Trading 212 account. If market movements or gaps cause positions to close with a loss exceeding available funds, Trading 212 says its system adjusts the account so it does not go below zero.¹

This negative balance protection does not mean CFDs are low risk. It simply limits one specific type of loss exposure for retail clients.

Tax treatment depends on individual circumstances and may change. This article is for general information only and is not financial advice.

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FAQs

What are Trading 212 fees?

Trading 212 says the only fee it can charge for Invest, ISAs, and SIPP is the 0.15% FX fee. Other market, exchange, tax or third-party charges may still apply.²

Does Trading 212 charge commission?

Trading 212 lists trading commission as free for Invest, ISAs, SIPP,² and CFD accounts.⁴

What is the Trading 212 FX fee?

For Invest and Stocks ISA orders in a different currency, Trading 212 says the trade value is converted using the spot exchange rate plus a 0.15% FX fee.¹³ For CFD accounts, the FX fee is 0.5%.⁴

Does Trading 212 charge deposit fees?

Bank transfers and instant bank transfers are free according to Trading 212. Card payments, Google Pay, Apple Pay, OpenBankingPL, and Klarna are fee-free up to a cumulative £2,000/€2,000, then a 0.7% fee applies.⁵

Does Trading 212 charge withdrawal fees?

Trading 212 says it does not charge fees for processing withdrawal payments, but the receiving bank may charge.⁶

Does Trading 212 charge inactivity fees?

No. Trading 212 currently says there are no inactivity fees associated with a Trading 212 account.⁷

What are Trading 212 ISA fees?

For Stocks and Shares ISA, Trading 212 lists trading commission and custody fee as free, with a 0.15% FX fee where currency conversion is needed.² Cash ISA fees are different because it is a savings product rather than a trading account.

What are Trading 212 CFD fees?

Trading 212 CFD accounts have free trading commission and custody fee, a 0.5% FX fee, dynamic spreads and overnight interest that may be positive or negative.⁴ CFDs are high risk, and Trading 212 states that 76% of retail investor accounts lose money when trading CFDs with this provider.¹

Can you lose more than your deposit on Trading 212?

Trading 212 says retail clients cannot lose more than they initially deposited into their Trading 212 account, due to negative balance protection. This does not remove the high risk of CFD trading.¹

Is Trading 212 regulated in the UK?

Trading 212 UK Ltd is authorised and regulated by the Financial Conduct Authority under firm reference number 609146.⁸

Is Wise Business an alternative to Trading 212?

No. Wise Business is not an investment platform or stockbroker. It is for international business payments, receiving business money and managing currencies.

Sources used for this article:

1. Can I lose more money than my deposit? – Trading 212
2. Trading 212 Help — What are the fees in the Invest, ISAs, and SIPP?
3. Trading 212 Terms — Cash ISA account terms and fees
4. Trading 212 Help — What are the fees in the CFD account?
5. Trading 212 Help — What are the fees for funding my account?
6. Trading 212 Help — What are the withdrawal fees?
7. Trading 212 Help — Is there an inactivity fee?
8. FCA Register — Trading 212 UK Limited
9. Trading 212 homepage / Invest page
10. Trading 212 Help — What is a SIPP Account?
11. Trading 212 homepage / Invest page
12. GOV.UK — Tax when you buy shares
13. Trading 212 Help — What is the FX fee? Invest & Stocks ISA
14. Trading 212 Help — What is a multi-currency account?
15. Trading 212 Help — Can I choose the currency in which to buy/sell assets for Invest accounts?
16. Trading 212 Help — Does my SIPP support multiple currencies?

Sources checked on 8 July 2026