December 12, 2024

Does Trading 212 have withdrawal fees?

Trading 212 is a trading platform that offers commission-free stock and ETF trading. The platform is available in 31 countries and supports 15 languages. Trading 212 deposits and withdrawals is free, fast, and secure. There are no deposit or withdrawal fees.

68% of retail CFD accounts lose money

Available withdrawal methods on Trading 212?

Trading 212 does not charge withdrawal fees. Note that you can only withdraw money to accounts in your name.

Besides bank transfers, you can use credit/debit cards on Trading 212, as well as the following electronic wallets:

  • Google Pay
  • PayPal
  • Skrill
  • Apple Pay
  • Dotpay
  • Giropay
  • Carte Bleue
  • Direct eBanking
  • iDEAL

How to request a withdrawal on Trading 212

  1. Click the account menu at the bottom right corner of your screen
  2. Choose ‘manage funds’
  3. Then ‘withdraw funds
  4. Confirm your password
  5. Select an account
  6. Type in the amount and confirm

Trading 212: further reading

  • Trading 212 Review 2021
  • How to short on Trading 212?
  • How to sell on Trading 212?
  • Does Trading 212 pay dividends?
  • Is Trading 212 good for beginners?
  • Is Trading 212 free?
  • Trading 212 fees explained
  • Trading 212 commission and other fees

Commission-Free Stock and ETF Trading

Trading 212 does not charge any commissions for stock or ETF trading. This makes it an attractive choice for investors who are looking to save on fees. The platform also offers a variety of other features, such as real-time quotes, charting tools, and allow users to set up price alerts.

Research shows that the average commission charged by online brokerages is $10 per trade. This can add up quickly, especially for active traders. For example, let’s say you make 10 trades per week. At $10 per trade, that would be $100 in commissions every week, or $5,200 over the course of a year! Trading 212’s commission-free model can save you a lot of money in the long run.

I think this broker is very good for people who don’t have much money to invest and are just starting out because there are no transaction fees so it allows you to keep more of your money. This could also be good for more experienced investors who want to save on fees by using this platform instead of one that charges commissions. I believe this will become one of the more popular online brokerages over time as more people become aware of it.

Conclusion: 

Overall, I think Trading 212 is a good option for investors who are looking to save on fees. The platform offers a variety of features and is available in 31 countries. The company has been operating since 2004 and is headquartered in London, UK. For these reasons, I believe Trading 212 is a good choice for online brokerages.

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