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Trading 212 vs TopFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Trading 212 vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Trading 212
4/5 Stars Overall
  • Minimum Deposit: €1
  • Trust Score: 80
  • Tradeable Symbols (Total): 7868
TopFX
3.5/5 Stars Overall
  • Minimum Deposit: Depends on payment method
  • Trust Score: 67
  • Tradeable Symbols (Total): 655

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.

Regulation

Trading 212 and TopFX are both online brokerage firms providing trading services to investors worldwide. Trading 212 was established in 2004 and holds three Tier-1 licenses, underscoring a high level of trust in the financial industry, which contributes to its Trust Score of 80 by ForexBrokers.com. On the other hand, TopFX, founded in 2010, holds one Tier-1 license and has a slightly lower Trust Score of 67, indicating a higher risk when compared to Trading 212. Neither broker is publicly traded nor operates as a bank, which means they are not listed on a stock exchange.

When evaluating these brokers, the number of Tier-1 licenses plays a key role in their perceived trustworthiness. Trading 212's multiple high-trust licenses enhance its credibility, making it a trusted choice for many investors. Meanwhile, TopFX's single Tier-1 license suggests that it maintains a reputable standing but with a slightly higher associated risk compared to Trading 212. These factors are essential to consider when choosing an online broker for your trading needs.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Year Founded info 2004 2010
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 3 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Trading 212 vs TopFX: commissions and fees compared. Trading 212 offers two accounts (Invest and CFD), but fees for CFD trading hinge on the spread rather than a ticket commission. Despite its “zero-commission” messaging, you still pay the spread when trading CFDs and forex. In April 2025, Trading 212’s published average spread on EUR/USD was 2.7 pips, which is higher than the industry average and can increase your trading costs. The CFD account’s minimum deposit is 10 EUR. For commissions and fees, Trading 212 is rated 4 out of 5 stars and ranked #50 of 63 by ForexBrokers.com.

TopFX provides two pricing models across MetaTrader and cTrader: the ZERO account (spread-only, no commission) and the RAW account (tight spreads plus commission). On the RAW account, the commission is 2.75 EUR per side (5.50 EUR round turn) and, based on July 2024 averages, EUR/USD spreads were 0.33 pips; adding a 0.55-pip commission equivalent yields an all-in cost near 0.88 pips—about in line with the industry average. The ZERO account is commission-free with higher average spreads of 1.03 pips on EUR/USD. Minimum deposit varies by payment method. For commissions and fees, TopFX is rated 4 out of 5 stars and ranked #41 of 63 by ForexBrokers.com.

Bottom line: for EUR/USD, TopFX’s RAW account shows a lower estimated all-in cost (about 0.88 pips) than Trading 212’s published 2.7-pip average, which may appeal to active forex and CFD traders focused on tighter pricing. Trading 212’s appeal lies in its simple, spread-only pricing and low 10 EUR minimum for the CFD account, but its wider average spreads can outweigh the benefit of zero ticket commissions. Your choice may come down to whether you prefer paying a small commission for tighter spreads (TopFX RAW) or no commission with wider spreads (Trading 212 or TopFX ZERO).

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Minimum Deposit info €1 Depends on payment method
Average spread (EUR/USD) - Standard account info 2.7 info 1.03 info
All-in Cost EUR/USD - Active info 2.7 info 0.88 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Trading 212 vs TopFX: for sheer variety, Trading 212 wins. It offers 7,868 tradeable instruments and 146 forex pairs, compared with TopFX’s 655 instruments and 60 pairs. That breadth aligns with Trading 212’s 5-star Range of Investments rating and #16 ranking out of 63 brokers, while TopFX holds 3.5 stars and ranks #47.

Both brokers let you trade forex (CFD or spot) and offer cryptocurrency CFDs, but neither allows buying actual crypto. A major difference is access to real shares: Trading 212 lets you buy exchange-listed U.S. and international stocks directly, whereas TopFX does not. If copy trading is important, TopFX includes it while Trading 212 does not. Choose Trading 212 for the widest selection and direct share dealing; pick TopFX if you want copy trading within a smaller, CFD-focused lineup.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7868 655
Forex Pairs (Total) info 146 60
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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). 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.

Trading platforms and tools

Trading 212 vs TopFX: both brokers offer free demo accounts for paper trading and provide web-based platforms. Trading 212 features a proprietary platform but does not offer a Windows desktop download, nor does it support MetaTrader 4 (MT4) or MetaTrader 5 (MT5). TopFX, on the other hand, does not have its own platform but does offer a Windows desktop platform and supports MT4 (not MT5). If copy trading matters to you, TopFX includes it while Trading 212 does not.

Both brokers let you place trades directly from charts. Each earned 4 out of 5 stars for Trading Platforms and Tools, yet ForexBrokers.com ranks Trading 212 higher (#20 of 63) than TopFX (#46 of 63). In practice, Trading 212 suits traders who want a broker-built platform in the browser, while TopFX fits those who need MT4, a Windows download, or copy trading.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 54 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Trading 212 and TopFX both offer polished mobile trading apps for iPhone and Android. Each app supports price alerts, trendline drawing on charts, and auto-saving of your drawings—handy for tracking forex and stock setups on the go. Both earned 4 out of 5 stars for Mobile Trading Apps, signaling solid overall experiences for most traders.

Where they differ is in depth and convenience. Trading 212 includes watchlist syncing across mobile and web, while TopFX does not. Charting tools are also far more extensive on Trading 212, with 104 technical indicators compared to TopFX’s 30. Reflecting these differences, ForexBrokers.com ranks Trading 212 at #17 out of 63 brokers for Mobile Trading Apps, versus #52 for TopFX. If you want richer charting and seamless watchlists, Trading 212 is the stronger pick; if your needs are simpler, TopFX still covers the basics well.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing Trading 212 vs TopFX for market research: both brokers do not offer daily market commentary, yet each provides forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. You’ll also find an economic calendar and a sentiment tool at both, helping you track events and see how other traders are positioned.

The key difference is in extra research tools. TopFX includes Autochartist and Trading Central, while Trading 212 does not. Trading 212 does not offer TipRanks or Acuity Trading; availability of these tools at TopFX is not specified. For overall scores, Trading 212 earns 3.5 stars and ranks 45th out of 63 brokers for Research, while TopFX earns 3 stars and ranks 61st. Choose Trading 212 if you want a higher-rated research experience overall, or pick TopFX if you value access to Autochartist and Trading Central.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Daily Market Commentary (Articles) info No No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info No Yes
Client sentiment data info Yes Yes
TipRanks info No
Acuity Trading info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing education at Trading 212 vs. TopFX, Trading 212 delivers a larger, more structured video library, with at least 10 beginner-friendly videos plus 10 advanced lessons. TopFX does not meet those counts, so its catalog is leaner for step-by-step learning. Neither broker runs monthly educational client webinars. If you prefer learning through videos about trading, forex, and CFDs, Trading 212 is more likely to cover your needs.

Independent ratings echo this gap: Trading 212 earns 3.5 out of 5 stars for Education and ranks #21 of 63 brokers on ForexBrokers.com, while TopFX is rated 3 stars and ranks #62. In short, beginners seeking clear, structured lessons will find more depth at Trading 212, whereas TopFX may suit those who only need a few basics and don’t rely on webinars.

Feature Trading 212 logoTrading 212
TopFX logoTopFX
Webinars info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than TopFX. Trading 212 finished with an overall rank of #31, while TopFX finished with an overall rank of #62.

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 logoTrading 212
TopFX logoTopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 80 67
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Trading 212 or TopFX?

Trading 212 vs TopFX: neither online broker lets you buy actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.

What funding options does each broker offer?

Trading 212 vs TopFX: Trading 212 supports ACH/SEPA, PayPal, and bank wire deposits/withdrawals but not Skrill, while TopFX does not support ACH/SEPA and its availability for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.

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Overall Rating Trading 212 TopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 80 67
Winner check_circle
Review Trading 212 Review TopFX Review
Broker Screenshots Trading 212 TopFX
Broker Gallery (click to expand) info
Trading 212 mobile trading app sentiment Trading 212 web platform Trading 212 mobile trading app economic calendar Trading212 community forum.
TopFX MetaTrader 4 desktop trading platform TopFX MetaTrader 4 desktop trading platform charts TopFX cTrader web trading platform TopFX cTrader desktop trading platform charts TopFX cTrader desktop trading platform TopFX cTrader desktop trading platform algo trading TopFX cTrader desktop market order window
Regulation Trading 212 TopFX
Trust Score info 80 67
Year Founded info 2004 2010
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 3 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Trading 212 TopFX
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Trading 212 TopFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Trading 212 TopFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7868 655
Forex Pairs (Total) info 146 60
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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). 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 TopFX
Average spread (EUR/USD) - Standard account info 2.7 info 1.03 info
All-in Cost EUR/USD - Active info 2.7 info 0.88 info
Inactivity Fee info No No
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding Trading 212 TopFX
Minimum Deposit info €1 Depends on payment method
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info Yes No
Trading Platforms Trading 212 TopFX
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No Yes
Trading Tools Trading 212 TopFX
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 54 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Trading 212 TopFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research Trading 212 TopFX
Daily Market Commentary (Articles) info No No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info No Yes
TipRanks info No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Trading 212 TopFX
Webinars info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Trading 212 TopFX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Trading 212 Review TopFX Review
Overall Trading 212 TopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 80 67
Winner check_circle
Review Trading 212 Review TopFX Review
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