Written by ForexBrokers.com
In this head to head comparison of Trading 212 vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading 212 and FXOpen are both established online brokers, with Trading 212 founded in 2004 and FXOpen a year earlier in 2003. Neither company is publicly traded nor operates as a bank. In terms of trust and regulatory standing, both brokers are noteworthy, but Trading 212 holds a slight edge. Trading 212 boasts three Tier-1 licenses, showcasing its high level of credibility, while FXOpen holds two such licenses. These Tier-1 licenses are indicators of higher trust levels in the industry, meaning both brokers are reliable, but Trading 212 is slightly more so based on these credentials.
The ForexBrokers.com Trust Score further reflects this distinction. Trading 212 has achieved a rating of 80, placing it in the "trusted" category, indicating a secure and reliable choice for traders. Conversely, FXOpen has a Trust Score of 76, which ranks it as an "average risk" broker. While both brokers are relatively secure options, these scores highlight the marginal advantage Trading 212 holds in terms of investor trust and safety, making it a slightly more appealing choice for those prioritizing security and regulatory compliance.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Year Founded | 2004 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Trading 212 and FXOpen, both popular online brokers, offer distinct trading experiences primarily defined by their commissions and fees structure. Trading 212 provides two account types: the Invest account with a minimum deposit of 1 euro for trading shares, and the CFD account aimed at trading contracts for difference, requiring a 10 euro deposit. Despite promoting zero-commission trading, Trading 212 charges a spread on CFD and forex trades. Notably, the average spread for the EUR/USD pair is 2.7 pips as of April 2025, which is higher than the industry standard. This elevated spread places Trading 212 at a disadvantage in the competitive field of CFD and forex brokers.
Comparatively, FXOpen does not provide specific average spread data, making direct cost comparisons challenging. Both brokers receive a rating of four stars out of five for their commissions and fees, reflecting their competitive yet distinct offerings within the market. However, in the overall ranking by ForexBrokers.com, Trading 212 is positioned 49th out of 63 brokers for this category, slightly below FXOpen, which holds the 44th spot. This suggests that while both brokers offer similar ratings, FXOpen may provide slightly more favorable trading conditions for cost-conscious traders.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Minimum Deposit | €1 | $100 |
| Average Spread EUR/USD - Standard | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Trading 212 and FXOpen, there are notable differences that cater to varying trading preferences. Trading 212 stands out with an impressive 7,868 tradeable symbols, including 146 forex pairs. This extensive variety includes exchange-traded securities from U.S. and international exchanges, allowing investors to purchase shares of major companies like Apple and Vodafone. On the other hand, FXOpen offers a more focused selection with 87 tradeable symbols and 25 forex pairs. While it does not provide access to direct exchange-traded securities on U.S. and international exchanges, FXOpen does support copy trading, which Trading 212 does not.
Both Trading 212 and FXOpen allow for trading forex as CFDs or spot contracts, and they offer cryptocurrency derivatives but not the purchase of actual cryptocurrencies. In terms of ratings, Trading 212 is highly regarded with a 5-star rating for its range of investments and is ranked 15th out of 63 brokers. In contrast, FXOpen has a 3-star rating and ranks 62nd in the same category. This highlights Trading 212's broad and diverse investment options compared to FXOpen's more specialized offerings. Ultimately, your choice may depend on whether you prefer a wider variety of investment options or a platform that includes features like copy trading.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 87 |
| Forex Pairs (Total) | 146 | 25 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Trading 212 and FXOpen in terms of their trading platforms and tools, both brokers offer plenty of utility for traders, but with some key distinctions. Trading 212 provides a proprietary platform developed in-house, accessible via web browsers, but lacks a Windows-based desktop application. Meanwhile, FXOpen does not have its own platform but supports MetaTrader 4 and 5, providing a desktop option for Windows users. Both brokers offer simulated or paper trading through demo accounts, catering to beginners wanting to practice before trading with real money.
FXOpen stands out with its inclusion of copy trading services such as ZuluTrade, a feature not available with Trading 212. On the charting front, while Trading 212 offers more drawing tools, FXOpen shows more fields for watch lists. Both platforms allow trading directly from a stock chart. Rated equally with four stars for trading platforms and tools, Trading 212 is ranked higher at #20 compared to FXOpen's #53 on ForexBrokers.com, suggesting a slightly more favorable user experience overall. However, the choice between these brokers depends on individual needs like platform preference and the desire for copy trading features.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 54 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both Trading 212 and FXOpen offer iPhone and Android apps that are ideal for trading on the go. Both platforms provide stock and forex price alerts, ensuring traders are always in the know. Additionally, both apps allow users to draw trendlines on charts and view multiple time frames such as daily, weekly, or intraday data. However, Trading 212 has a clear edge in providing an impressive 104 technical studies for charting compared to FXOpen's 30. Furthermore, Trading 212 stands out with the ability to auto-save drawings on charts and sync watchlist symbols with the user's online account, enhancing overall functionality and ease of use.
Both Trading 212 and FXOpen enable users to create watchlists with real-time quotes, benefiting traders looking for swift updates. Despite this, when considering the overall experience and additional features, Trading 212 is ranked 17th out of 63 brokers by ForexBrokers.com for mobile trading apps, whereas FXOpen is positioned at 54th. While both platforms are rated four stars, Trading 212 offers more comprehensive tools for technical analysis and seamless cross-platform syncing, making it a favorable choice for traders who rely on detailed charting and streamlined access across devices.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating Trading 212 and FXOpen for their market research offerings, several differences surface. Trading 212 does not provide daily market commentaries, while FXOpen does, offering a better option for quick, regular insights. Both platforms feature forex news from prestigious sources like Bloomberg and Reuters, ensuring access to timely and reliable market information. However, neither Trading 212 nor FXOpen includes advanced technical analysis tools from Autochartist or Trading Central, which could be a consideration for traders seeking in-depth analysis.
Another notable distinction is Trading 212's inclusion of a sentiment-based trading tool, allowing users to see the ratio of long or short positions across various instruments, a feature FXOpen lacks. Both platforms offer economic calendars for tracking global news events, adding value for informed trading decisions. With a research rating of 3.5 stars, Trading 212 ranks higher than FXOpen's 3 stars, holding the 44th position compared to FXOpen's 63rd in ForexBrokers.com's rankings. This suggests Trading 212 might have a slight edge for users prioritizing research capabilities.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Trading 212 and FXOpen, Trading 212 clearly stands ahead. Trading 212 offers a comprehensive suite of educational materials including more than ten pieces on forex and CFD topics, a searchable archive of past webinars, and a library of at least ten beginner-focused educational videos. Furthermore, Trading 212 provides advanced educational videos tailored for more experienced traders, ensuring a broad scope of learning opportunities for all skill levels. They also include an investor dictionary with over 50 terms to help demystify trading jargon. In contrast, FXOpen falls short in these areas, lacking sufficient content in educational articles and videos that cater to both beginner and advanced traders.
Neither Trading 212 nor FXOpen hosts regular monthly educational webinars, which might be a drawback for users seeking real-time guidance. However, Trading 212 compensates with its searchable webinar archive, while FXOpen does not offer this feature. Despite both brokers having an investor dictionary, Trading 212 receives a higher education rating of 3.5 stars compared to FXOpen's 3 stars. This advantage is reflected in their education ranking, with Trading 212 positioned at 20th place out of 63 brokers by ForexBrokers.com, while FXOpen trails at 58th. Overall, beginners looking for rich educational content will find Trading 212 to be a more favorable option.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than FXOpen. Trading 212 finished with an overall rank of #31, while FXOpen finished with an overall rank of #54.
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.
| Feature |
Trading 212
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 80 | 76 |
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Both Trading 212 and FXOpen do not provide the option to purchase actual cryptocurrency, but they both offer options for purchasing cryptocurrency derivatives.
When comparing online brokers Trading 212 and FXOpen, Trading 212 stands out for offering ACH/SEPA transfers and PayPal as options for funding and withdrawing account funds, while FXOpen compensates with Skrill availability; both brokers equally support Visa/Mastercard and bank wire transactions.
Please note:
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.
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0 of 5| Overall Rating | Trading 212 | FXOpen | |
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| Trust Score | 80 | 76 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
| Broker Screenshots | Trading 212 | FXOpen | |
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| Regulation | Trading 212 | FXOpen | |
|---|---|---|---|
| Trust Score | 80 | 76 | |
| Year Founded | 2004 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Trading 212 | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trading 212 | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 87 | |
| Forex Pairs (Total) | 146 | 25 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Trading 212 | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | FXOpen | |
|---|---|---|---|
| Minimum Deposit | €1 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Trading 212 | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Trading 212 | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 7 | |
| Charting - Indicators / Studies (Total) | 54 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Trading 212 | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trading 212 | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Trading 212 Review |
| Overall | Trading 212 | FXOpen | |
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| Trust Score | 80 | 76 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
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