Trading 212 Vs Freetrade
While both trading 212 vs freetrade are commission-free share dealing platforms that offer a great experience for new investors, each offers a different set of features. Ultimately which one you choose will come down to what you want to achieve from your investing. Freetrade is a simpler investment platform that offers a good range of UK shares, ETFs and investment trusts. It does not however, offer access to CFDs which may be a deal breaker for traders chasing profits.
Battle of the Platforms: Trading 212 vs. FreeTrade – Which Is Right for You
In contrast, Trading 212 offers more advanced features including a free Stocks and Shares ISA, Auto Invest and pie charts. It also has a more extensive range of investment options including crypto and gold. While both platforms offer excellent experiences for first-time investors, Trading 212 has an edge over Freetrade in terms of features, tax wrapping and account types offered.
Both platforms have a clean and simple user interface which makes them easy to use for beginners. Both offer a range of tools and features including price alerts, watch lists and community forums to help you find new ideas. Unlike some other low-cost providers, both of these providers are regulated by the FCA and have a guaranteed FSCS protected deposit of up to PS85,000 should they go bust. However, there have been reports of delays in processing orders and this is something to bear in mind when deciding which option to go for. You should always make sure you fully understand the risks of investing.
About Anderson Slater
Anderson Slater is an accomplished author and technologist based in California. He is best known for his book, The Security Blog, which has become a go-to resource for those looking to stay up to date on the latest security topics.
Raised in San Francisco, Anderson developed an early interest in technology and computers. After graduating high school, he attended Stanford University where he earned a degree in computer science and psychology. Following college, Anderson worked at various tech companies before starting his own consulting firm.