Fees Guide · Updated August 2026
Trading 212 Fees Explained 2026
Trading 212 markets itself on zero-commission investing — and on real stocks and ETFs that claim holds up. But “free” is not the whole picture: CFD costs sit in the spread, a 0.15% currency conversion fee applies on non-base-currency trades, and a 0.7% deposit fee kicks in above a monthly threshold. Here is every fee, itemised.
Quick Answer
Trading 212 charges zero commission on real stocks and ETFs, no withdrawal fees, no inactivity fee, and has a EUR 1 minimum deposit. The fees that do exist: CFD spreads (EUR/USD averages 0.9 pips), a 0.15% currency conversion fee on non-base-currency trades, and a 0.7% deposit fee above a monthly threshold.
Figures from our independent Trading 212 review, last verified August 2026.
Every Trading 212 Fee at a Glance
| Fee | Amount | Notes |
|---|---|---|
| Stock & ETF commission (Invest) | Zero | Zero commission on real stocks and ETFs, regardless of trade size. |
| CFD commission | None (spread-only on CFDs, zero commission on stocks/ETFs) | All CFD costs are in the spread — no separate commission line. |
| EUR/USD spread (CFD) | 0.9 pips average | Widens to around 1.1–1.4 pips in less active periods and around news. |
| Currency conversion fee | 0.15% | Applies when trading instruments in a currency different from your account base currency. |
| Withdrawal fee | Free | Free withdrawals on all supported methods. |
| Deposit fee | Free (0.7% above a monthly threshold) | Most deposits are free; a 0.7% fee applies on amounts above a monthly threshold to cover payment processor costs. |
| Minimum deposit | EUR 1 | The lowest among major regulated European brokers. |
| Inactivity fee | None | No dormancy or inactivity charges of any kind. |
The exact monthly deposit-fee threshold and the current interest rate on uninvested cash are set by Trading 212 and change over time — see our full Trading 212 review and the broker's own terms for the current values.
CFD Trading Costs: What the Spread Works Out To
On CFDs, all Trading 212 costs are embedded in the spread with no separate commission. EUR/USD spreads typically average around 0.9 pips during liquid sessions, widening modestly to around 1.1 to 1.4 pips during less active periods and around news events. That translates to an effective round-turn cost of approximately $9 to $14 per standard lot on EUR/USD. GBP/USD spreads typically average around 1.3 to 1.6 pips, and USD/JPY approximately 1.0 to 1.2 pips.
For casual CFD traders executing modest volumes, the cost difference versus raw-spread ECN brokers is usually modest in absolute terms, and the simplicity of single-spread pricing appeals to beginners who do not want to juggle commission calculations. High-volume traders are a different story: raw-spread accounts with an explicit commission come to around $7 to $9 all-in per standard lot — see our zero spread forex brokers guide and the lowest spread brokers ranking for the alternatives.
Swap rates on overnight CFD positions follow standard industry practice. Trading 212 does not currently offer swap-free Islamic accounts, which is a limitation for traders who require them.
What “Zero Commission” Actually Covers
Genuinely commission-free
- Real stock and ETF trades in the Invest account — zero commission regardless of trade size, with fractional shares from EUR 1.
- Withdrawals — free on all supported methods.
- Account keeping — no inactivity fee and a EUR 1 minimum deposit.
Where the costs sit
- CFD trades — the spread is the cost (EUR/USD averages 0.9 pips; no separate commission).
- Currency conversion — 0.15% when the instrument's currency differs from your account base currency.
- Deposits — free on most methods, 0.7% above a monthly threshold.
- Overnight CFD positions — standard swap rates apply.
Fees Are Only Half the Question
Trading 212 is regulated by the FCA in the UK (Trading 212 UK Ltd, licence 609146) and by CySEC in the EU (Trading 212 Markets Ltd, licence 398/21). UK clients are covered by the FSCS up to £85,000; EU clients by the ICF up to EUR 20,000. Whether the fee structure fits depends on how you trade: it is excellent for zero-commission investing and casual CFD trading, and beatable on cost for high-volume CFD trading. Our review covers platforms, safety and the full pros and cons.
Trading 212 Fees — FAQ
Is Trading 212 really free to use?
Mostly, but not entirely. Real stock and ETF trading through the Invest account carries zero commission, withdrawals are free, and the minimum deposit is EUR 1. The costs that do exist are the spread on CFD trades (EUR/USD averages 0.9 pips), a 0.15% currency conversion fee when trading instruments in a currency different from your account base currency, and a 0.7% deposit fee on amounts above a monthly threshold.
What spread does Trading 212 charge on EUR/USD?
EUR/USD spreads on Trading 212 CFDs average around 0.9 pips during liquid sessions, widening to around 1.1 to 1.4 pips during less active periods and around news events. All CFD costs are in the spread — there is no separate commission — which works out at approximately $9 to $14 per standard lot round-turn on EUR/USD.
Does Trading 212 charge withdrawal fees?
No. Withdrawals from Trading 212 are free, which is a meaningful advantage over competitors that charge per-withdrawal fees. Deposits are also free on most payment methods, though a 0.7% deposit fee applies on amounts above a monthly threshold to cover payment processor costs.
What is the Trading 212 currency conversion fee?
Trading 212 charges a 0.15% currency conversion fee when you trade instruments denominated in a currency different from your account base currency — for example, buying US stocks from a GBP or EUR account. That is competitive versus mainstream banks and brokers, which often charge 0.25% to 0.5% for similar conversions.
Does Trading 212 have an inactivity fee?
No. Trading 212 charges no inactivity fee, which is increasingly valuable at a time when many competitors have introduced or increased dormancy charges. Combined with free withdrawals and the EUR 1 minimum deposit, an unused Trading 212 account costs nothing to keep open.
Is Trading 212 cheap for active CFD trading?
Not the cheapest. Trading 212's spread-only CFD pricing (around 0.9 pips average on EUR/USD, roughly $9 to $14 per standard lot round-turn) is meaningfully wider than raw-spread accounts at ECN brokers, where all-in costs are closer to $7 to $9. For casual traders the difference is modest in absolute terms; for high-volume traders a raw-spread account usually works out cheaper.
Related answers: Is Trading 212 a safe broker? · What fees does Trading 212 charge? · Which brokers offer commission-free trading?
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.
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