Trading 212 vs FXOpen Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Trading 212 vs FXOpen.
Does Trading 212 or FXOpen offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Trading 212 offers better pricing overall for traders.
Is Trading 212 or FXOpen safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. FXOpen holds 3 global Tier-1 licenses, while Trading 212 holds 2. Both Trading 212 and FXOpen hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, FXOpen (80) earned a higher Trust Score than Trading 212 (77).
Which trading platform is better: Trading 212 or FXOpen?
To compare the trading platforms of both Trading 212 and FXOpen, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Trading 212 offers superior market research. Finally, we found Trading 212 to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to FXOpen's 25 available pairs. Forex pairs aside, Trading 212 offers traders access to 1785 CFDs while FXOpen has 87 available CFDs, a difference of 1698.
Can I trust Trading 212?
Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by two tier-1 regulators (Highly Trusted), zero tier-2 regulators (Average Trust), zero tier-3 regulators (Low Trust), and zero tier-4 regulators (High-Risk). Trading 212 is authorised by the following tier-1 regulators: the Financial Conduct Authority (FCA) and the European Union via MiFID.
Can I trust FXOpen?
FXOpen is not a publicly traded company, does not operate a bank, and is authorised by three Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). FXOpen is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and the European Union via MiFID.
Is Trading 212 good?
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
Is FXOpen good?
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
Overall winner: Trading 212
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.