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Trading 212 Fees Explained – Full Breakdown & Costs (2025)
Dom Farnell
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An investor and blogger with a focus on financial markets and wealth management. He’s dedicated to helping others make informed investment choices through straightforward and engaging content.
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Last Updated 05/03/2025
Quick Answer: What are Trading 212's Fees?
I’ve found that Trading 212 has zero-commission trading, but there are some costs to watch out for—like FX fees (0.15%-0.5%), CFD spreads, and a 0.7% charge on card deposits over £2,000. Withdrawals are free, so I plan my trades to keep fees low.
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Understanding Trading 212's Fee Structure
I’ve been using Trading 212 for quite some time now, and what initially drew me in was its zero-commission trading. However, as I started using the platform more extensively, I realised that while trading itself is free, there are some other costs to consider. In this guide, I’ll break down these fees based on my own experience to help you navigate them better.
Does Trading 212 Charge Commissions?
One of the reasons I prefer Trading 212 over traditional brokers is its zero-commission trading for both Invest and ISA accounts. Unlike other platforms that charge per trade, I can buy and sell stocks without worrying about commission fees. This has been a game-changer for me, especially when executing multiple trades in a short period.
That said, while I don’t pay a commission, I have noticed other charges, like foreign exchange (FX) fees, when dealing with assets in different currencies. I also keep an eye on spreads and overnight fees when trading CFDs. While these aren’t immediately obvious, they can add up if not managed properly.
Trading 212 Fees Breakdown
What Are the Fees for Different Account Types?
From my experience, Trading 212’s fee structure differs depending on the type of account you have. Here’s a comparison based on what I’ve observed:
| Fee Type | Invest & ISA Accounts | CFD Accounts |
|---|---|---|
| Trading Commission | Free | Free |
| FX Conversion Fee | 0.15% per trade | 0.5% per trade |
| Spreads | N/A | Dynamic |
| Overnight Fees | N/A | Applicable |
| Custody Fees | Free | Free |
| Inactivity Fee | None | None |
| Deposit Fees | Free via bank transfer, 0.7% on card deposits over £2,000 | Free via bank transfer, 0.7% on card deposits over £2,000 |
| Withdrawal Fees | Free | Free |
| Leverage Available | N/A (users cannot borrow funds to trade larger positions) | Up to 1:30* for retail clients / Higher for professional traders |
| Dividend Handling | Paid directly to users | Paid directly to users |
*(meaning for every £1, you can trade up to £30)
What Are the Fees for CFD Trading?
When trading Contracts for Difference (CFDs), I’ve noticed a few additional fees:
- No commission on trades
- Spreads apply (the difference between buy and sell prices)
- Overnight interest (swap fees) for holding positions past 17:00 ET
Since CFDs are leveraged products, I always check the swap rates before holding positions overnight. I’ve learned that these fees can add up quickly if I don’t manage my trades efficiently.
What Are the Foreign Exchange (FX) Fees?
If you’re like me and invest in international stocks, FX fees are something you need to factor in. Whenever I trade assets in a currency different from my account’s base currency, Trading 212 applies an FX conversion fee:
- Invest & ISA Accounts: 0.15% per trade
- CFD Accounts: 0.5% per trade
For example, I frequently trade U.S. stocks using my GBP account. Each time I buy or sell a stock listed in USD, Trading 212 applies this FX fee. To minimise these costs, I try to plan my trades carefully and avoid unnecessary conversions.
Are There Custody or Inactivity Fees?
One thing I love about Trading 212 is that there are no custody fees. Unlike some brokers that charge a monthly or annual fee for holding stocks, I can keep my investments in my account without paying extra. This makes Trading 212 an ideal choice for long-term investors like me who want to hold onto their stocks without additional costs.
Deposit and Withdrawal Fees
Does Trading 212 Charge for Deposits?
Deposits on Trading 212 are mostly free, but I have found that there is a 0.7% fee on deposits over £2,000 when using certain payment methods like debit/credit cards.
| Deposit Method | Fee |
|---|---|
| Bank Transfer | Free |
| Card Payments | Free up to £2,000, 0.7% thereafter |
| Google Pay/Apple Pay | Free up to £2,000, 0.7% thereafter |
| Instant Bank Transfer | Free |
To avoid this charge, I now use bank transfers whenever possible.
Are There Any Withdrawal Fees?
One of the best things about Trading 212 is that withdrawals are completely free. I’ve never been charged to withdraw my money, which is a relief compared to other platforms that charge per transaction. However, I always check with my bank to ensure they don’t apply any processing fees on their end.
Can I earn Interest on Uninvested Cash?
One thing I always keep an eye on is how Trading 212 handles uninvested cash sitting in my account. Unlike some brokers that offer interest on idle funds, Trading 212 currently pays interest on uninvested cash. This means that if I leave money in my account without investing it, it will generate passive income.
To make the most of my capital, I either invest in assets that align with my strategy or transfer excess cash to a high-yield savings account. While Trading 212 offers commission-free trading and competitive fees, I need to manage my cash efficiently to avoid losing potential earnings from interest elsewhere.
How Does Trading 212 Compare to Other Brokers?
Compared to other brokers I’ve used, Trading 212 is one of the cheapest and most transparent platforms. Many brokers still charge commissions, higher FX fees, or even custodial fees for holding stocks.
For me, Trading 212 is a fantastic option, especially for cost-conscious traders, like me. However, if you’re into CFD trading, you should pay close attention to spreads and overnight fees.
My Experience with Trading 212 Fees and Costs
Invest & ISA Accounts
When using Trading 212 I appreciate that investing is made accessible with:
✅ Zero commission trading – I don’t pay fees when I buy or sell stocks.
✅ No custody fees – My investments are held for free.
✅ Low FX fees – If I trade assets in different currencies, there’s a 0.15% foreign exchange (FX) fee.
It’s worth noting that some exchanges and tax authorities may impose additional charges, so I always make sure to double-check before trading. (Source)
CFD Trading Fees – What I’ve Learned
For those who trade CFDs (Contracts for Difference) like I do, here’s the fee structure:
✅ Zero commission trading – No upfront costs when opening or closing trades.
✅ No custody fees – My funds are stored without extra charges.
✅ FX fee of 0.5% – Applies when trading assets in a different currency.
✅ Dynamic spreads – The difference between buying and selling prices fluctuates based on market conditions.
✅ Overnight interest – If I keep a CFD position open after 17:00 ET, I may pay or receive a fee based on the trade type and market rates.
Since CFD trading involves leverage, I always review my costs and fees carefully to manage my risk. (Source)
Managing Deposit and Withdrawal Costs
I like that Trading 212 keeps deposits free for most payment methods, but here’s what I watch for:
- Bank transfers & instant bank transfers: Free deposits, no limits.
- Card payments, Google Pay, Apple Pay, OnlineBankingPL, and Sofort: Free up to £2,000 total deposits – after that, a 0.7% fee applies.
- Withdrawals: Trading 212 does not charge withdrawal fees, though my bank may apply their fees.
To avoid unnecessary costs, I plan my deposits carefully and use bank transfers whenever possible. (Source)
Final Thoughts: Is Trading 212 Cost-Effective?
Absolutely! Trading 212 provides a low-cost trading experience that suits both beginners and experienced traders. While I always keep an eye on FX fees and CFD swap rates, the zero-commission structure and free withdrawals make it my go-to trading platform
Here’s what I do to keep my costs low: Use bank transfers to avoid deposit fees, consolidate foreign currency trades to minimise FX fees, monitor CFD overnight fees closely.
From my experience, Trading 212 offers a transparent and competitive fee structure, making it a great choice for cost-conscious investors. Understanding these fees helps me optimise my trading strategy and avoid unnecessary costs.
FAQs
Trading 212 has a transparent fee structure, but I always keep an eye on:
- Spreads on CFDs (which fluctuate based on market conditions)
- Overnight swap fees for CFDs
- FX fees on currency conversions
- Deposit fees beyond the £2,000 card limit
For Invest & ISA accounts, the FX conversion fee is 0.15% per trade. For CFD accounts, it’s 0.5% per trade. This fee applies when buying or selling assets in a different currency from your account’s base currency.
Yes, bank transfers are free, but card deposits over £2,000 incur a 0.7% fee. Withdrawals are completely free, but you should check if your bank charges processing fees on their end.
CFD traders don’t pay commission, but they do face spreads, overnight swap fees for holding positions past 17:00 ET, and an FX conversion fee of 0.5% if trading in a different currency.
Yes, it can be! Trading 212 stands out with zero commission, no inactivity fees, and free withdrawals. Some brokers charge higher FX fees, custodial fees, or per-trade commissions, making Trading 212 one of the most cost-effective options.
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References
- Trading 212 Official Terms and Conditions: Provides detailed information on account types, fees, and charges.
- Trading 212 Support – Fees in Invest and ISA Accounts: Outlines the specific fees associated with Invest and ISA accounts, including FX fees and trading commissions.
- Trading 212 Support – Fees for Funding Accounts:Details the fees related to various deposit methods and thresholds.
- Trading 212 Support – Fees in CFD Accounts: Explains the fee structure for CFD accounts, including spreads, overnight interest, and FX fees.
- Trading 212 Support – Applicable Stock Exchange Fees:Covers fees imposed by relevant exchanges and tax authorities for different markets.
- Trading 212 Multi-Currency Accounts:
