Trading212 vs Zenfinex
Trading212 or Zenfinex – which is better for UK traders 2024? Compare Trading212 and Zenfinex in this detailed breakdown of their platforms, features and fees.
Trading212 | Zenfinex |
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Trading212 is ranked #96 among CFD brokers. | Zenfinex is ranked #97 among CFD brokers. |
Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets. | Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4. |
Pros | |
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Cons | |
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FCA Regulated | |
Yes | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs | Forex, CFDs, indices, commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | $50 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, CySEC, FSC | FCA, SVGFSA |
Mobile Apps | |
iOS & Android | Yes |
Trading App | |
Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
AutoInvest Portfolio | Yes |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Zenfinex offers social copy trading through the interactive iOS and Android ZenConnect mobile app. Investors can buy and sell on the financial markets using the tips and positions of other traders. | |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Engage in leveraged CFD trading across a wide array of instruments, encompassing forex, stocks, commodities, and indices. Yet while the selection of asset classes is satisfactory, the charting software and floating spreads for short-term traders fall behind that of competitors. | Leveraged contracts for difference are available on multiple financial markets. |
Leverage | |
1:30 | 1:30 (UK), 1:400 (Global) |
FTSE Spread | |
2.5 | 2.0 |
GBPUSD Spread< | |
0.00028 | 0.3 |
Oil Spread | |
0.4 | 0.05 |
Stocks Spread | |
0.2% Var | N/A |
Forex | |
Trade over 180 major, minor, and exotic forex pairs on the Trading 212 platform, featuring floating spreads and leverage up to 1:30. It’s important to note, though, that the forex broker has a history of adjusting margin requirements without providing adequate notice. As a result, CMC Markets is a better pick for forex traders with more currency pairs and a cleaner record. | Ultra competitive spreads are available on forex pairs at Zenfinex. |
Assets | |
180+ | 50+ |
GBPUSD Spread | |
0.00028 | 0.3 |
EURUSD Spread | |
0.00015 | 0.1 |
EURGBP Spread | |
0.00044 | 0.3 |
Currency Indices | |
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Trading212 | Zenfinex |
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