TRADING 212 STOCKS

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How to Use Trading 212 Mobile App – Step by Step Guide For You!

Trading 212 is a fintech company based in London providing an online platform where trading is made super easy through their mobile app. Trading 212 is the very first service offering zero-commission share trading, hence making it a lucrative choice for investors (especially beginners). Other features include:

You can start trading from £1.
Unlike other brokers who charge fees for buying & selling, Trading 212 doesn’t charge any commission.
If you are concerned about losing your money, you can utilize their demo mode to practice.
You can invest in famous companies such as Tesla, Google, Uber or Amazon.
No foreign exchange charges (currency conversion rate is separate)

If you are a beginner and want to learn how to use the Trading 212 mobile app, then you are at the right place. Scroll down to read step by step guide for using Trading 212.

* Do you want to get a FREE STOCK SHARE worth up to ‎£⁠100? *

Create a Trading 212 Invest account using this referral link: http://www.trading212.com/invite/4KDTVgb

If you are an existing Trading 212 customer and not received a free share then enter code 4KDTVgb in your app. Go in to settings and enter in the USE PROMO CODE section.

Download Trading 212 Mobile App

Trading 212 mobile app is available on Android & Apple both. They have more than 15 million downloads making it one of the most popular trading apps.

Do you want to get a FREE STOCK SHARE worth up to ‎£100? Create a Trading 212 Invest account using this link: http://www.trading212.com/invite/4KDTVgb (And we both get a free share!)

If you already have account and didn’t receive a free share: use the Trading 212 Promo Code 4KDTVgb.

Let’s Get Started – Log In

After downloading the app, tap on it to open on your device.

If you already have an account, click on Log In.

In case you wish to open your account, you can use our referral by clicking here to open it through browser.

How to Create Account

Alternatively, you can open your account by clicking on the Open Account button as shown below:

You will be required to provide personal information such as:

Country of residence
Nationality
Name as in passport
Country where you pay taxes
Date of birth
Security or national tax number (based on your chosen country)

Here’s how it would look:

Please make sure that you provide accurate details while creating account since you will be required to upload official documents for verification purposes. It can be your passport or driver’s license, utility bill or bank statement as proof of address. You can take clear & sharp pictures of these documents from your phone’s camera and submit for verification.

It may take up to 1 or 2 business days for approval of your account. Without approval you will not be authorized to make an investment. In the meantime, you can use practice feature to get familiar with the app.

Once your account is verified, you may choose to deposit some funds using your card, bank account or e-wallet.

What are the types of accounts?

Trading 212 provides three types of accounts.

Invest
CFD – Contracts for Difference
ISA – Individual Savings Account (UK only)

Invest:

Trading 212 invest option offers more than 10,000+ global stocks and ETF (exchange traded funds). You can invest with amount as low as £1. Instant trading with zero commission is provided. Also, a customer support for 24/7 is available.

CFDs:

Trading 212 CFDs allows the user to trade on all key markets. Forex, trade stocks like Apple & Tesla Motors, commodities such as gold, oil, and silver are all available for trading. It is pivotal to learn that these are suited for those who are not shy from taking risks since most people certainly lose money. Trading 212’s official website indicates that 76% of retail investor accounts lose money while trading CFDs. So it is important to know in-depth detail of the product.

The minimum deposit is of £10 with protection for negative balance & alert for stop loss and take profit.

ISA (UK Only):

This type of account is for UK only. So if you are based in the UK, we would highly recommend you to utilize this feature while investing in stocks & ETFs. The benefit is that returns earned can be taken free of tax. Minimum investment is £1 with instant trades and zero commission.

How to Use Practice Account

Perhaps one of the most amazing features of Trading 212 app is the provision of practicing before actually starting to play around with real money. If you are a beginner in the field of investments & getting nervous about using your real money then we would recommend trying their practice account.

Click on the Practice with Virtual $50,000 button available on your screen and enjoy hands-on learning of the app.

You can check some stocks and buy shares in this mode to learn how things work (since it’s all in virtual mode – you can do anything to explore).

On important note, all the information related to trading volumes and stock prices are based on real market scenarios. Hence, making it a perfect place for you to learn how it works with real money.

There are two options for you to start in practice mode:

Trading 212 CFD and Trading 212 Invest.

How to Buy a Stock in Invest

Here’s how you can buy a stock in Trading 212 app:

Select instrument of your choice.

Click on the Buy button.

Select number of shares you would like to buy using the slider.

Click on the Review Order button.

Next, review the details and click on the Send Buy Order button.

How to Sell a Stock in Invest

If you wish to sell a stock, please follow the steps below.

Open your portfolio and click on desired instrument.

There are options available to buy or sell. Click on the Sell button.

Using the slider, select the number of shares you wish to sell (at current price). Once you are done, click on the Review Order button as shown below.

Here you can review all details prior to selling. Once you are satisfied, click on the Send Sell Order button.

How to Cancel My Order(s)?

If you wish to cancel pending order(s), it is very simple to do in Trading 212 app.

Select the desired instrument from your portfolio.

Scroll down to view pending orders against the selected instrument.

Click on the x available against the pending order.

The option of ‘cancel’ will appear as shown below. All you need to do is click on it to cancel the selected pending order.

How to Limit Orders?

Using limit order functionality, you can trade at a certain price. These types of orders are only executed when price reaches the limit defined, otherwise not executed at all. In simpler terms, using limit orders you can decide the minimum price to buy or sell stocks/shares.

Consider this as an example:

You wish to buy a share with a price of £95 while the market price is £100. You will set the buy limit to £95. The order will be executed at this limit price or lower.

Similarly, if you own a share worth £60 but you wish to sell it for £65, you will set the limit price for £65. Your order will be executed at £65.

How to Limit ‘Buy’ Orders

In order to set limit for buy, select your desired instrument from the list.

Click on the Buy button.

Tap on the limit tab as shown below.

Select desired number of shares through slider (or type into the number). Set the maximum number of price you are willing to pay per share.

Click on the Review Order button.

Take a look at the details and click on the Send Buy Order button.

How to Limit ‘Sell’ Orders

In order to set limit for sell, select your desired instrument from the list.

Click on the Sell button and open limit tab.

Select desired number of shares through slider (or type into the number). Set the minimum number of price you are willing to put per share.

Click on the Review Order button.

Here you can review all details prior to selling. Once you are satisfied, click on the Send Sell Order button.

How to Stop Orders

A stop order is an order to buy or sell a share as soon as it meets the stop price mentioned by you. This feature is used to save investors from potential loss if the market goes in wrong direction.

How to Stop ‘Buy’ Orders

Select your desired instrument from the list and click on the Buy button.

Select the Stop tab. Select the number of shares, put the Stop Price and click on the Review Order button.

Here you can review all details. Once you are satisfied, click on the Send Buy Order button.

How to Stop ‘Sell’ Orders

Select your desired instrument from the list and click on the Sell button.

Select the Stop tab. Select desired number of shares, put the Stop Price and click on the Review Order button.

Review the details and click on the Send Sell Order button.

Using Stop Limit Order Feature

A stop limit order feature is basically a combination of stop & limit order.

When a share reaches the particular (stop) price set by you then the limit order is executed. It is a classic feature for investors like you to minimize risk of loss & maximize profit earnings.

Buy using Stop Limit Order

Select your desired instrument from the list and click on the Buy button.

Select the Stop Limit tab. Select shares, put the Stop Price and maximum Limit Price and click on the Review Order button.

Note: The order will be in pending state until the mentioned price is reached.

Here you can review all details. Once you are satisfied, click on the Send Buy Order button.

Sell using Stop Limit Order

Select your desired instrument from the list and click on the Sell button.

Select the Stop Limit tab. Select the shares, put the Stop Price and maximum Limit Price and click on the Review Order button.

Note: The order will be in pending state until the mentioned price is reached.

Here you can review all details. Once you are satisfied, click on the Send Sell Order button.

How to Set Up Pies

In Trading 212, a collection of stocks & ETFs is termed as Pie. A slice of a pie refers to security while each pie can hold up to 100 of them.

To create a new pie, click on portfolio section and you will receive an AutoInvest prompt. Click on the Create a Pie button. You receive this prompt when creating pie for the first time.
If investments are already present in your portfolio, then you will see a tab for ‘Pies’ as shown here.

Tap on it and click on “+” sign to create a new Pie.

You may browse through your favorite stocks and ETFs. Make a selection as per your choice and click on ‘’ blue button.

This is how your Pie looks like. Use the sliders to adjust the weight of slice in the pie. Each slice represents the weightage of investment.

For example:

If you choose 60% for Apple and 40% for Facebook while investing £100, then £60 will be allocated to Apple while £40 to the Facebook.

You can make changes to your pie anytime you like.

Make sure the sum of all sliders equal to 100% or else you will be prompted as shown below. Once you are satisfied with your choices, click on the Next button.

To choose how you invest, there two options available:

AutoInvest:
- With this feature your funds are invested automatically.
Manually:
- You can choose this option if you don’t want to automate the process and would like to invest or withdraw manually, on your own.

After selecting the option, click on the Next button.

We selected the AutoInvest option. Next step is to select investing plan.

This is how investing plan looks like.

Use the sliders available to the information as per your need.

The value project shows the growth of pie after 10 years. Please note that this is just an estimate and not accurate. This value is based on historical data, hence not guaranteed.

Once you are satisfied with your selection, click on the Next button.

Next step is Personalization.

Please select a name of your pie. You can also change the icon as shown below. Once done, click on the Next button.

This is where you review the details before creating your pie. Take a look and click on the Create a PIE button.

Congratulations! Your first PIE has been added.

How to Duplicate a Pie?

If you wish to create another pie with identical slices selected in one of your existing pies, it can be easily done by using the Duplicate option.

Open the pie which you wish to duplicate. Scroll down to view Pie Options.

Click to view available options. Here click on Duplicate.

Personalize your pie by providing name and/or logo.

Here’s how it will appear.

How to Delete a Pie?

In order to delete a pie, you have to make sure that it’s value is 0. You need to use ‘withdraw funds’ option to sell the investments in the pie. Hence, withdrawing the resulting value.

Scroll down the pie you wish to delete and click on Pie Options. Choose ‘delete’ from available options.

What is CFD trading?

CFD trading stands for Contract For Difference and is a way of trading Stocks, Forex, Indices and Commodities with leverage. You have the ability to go long (buy) or go short (sell) within the CFD platform.

What Is Leverage?

Leverage in CFDs yields a bigger picture. CFD traders must take advantage of leverage. Leverage is a mechanism that facilitates investors to increase their exposure to the market in which they are trading. Leverage enables you to pay lesser than the total investment amount. It’s not like you can’t do CFD trading by leverage. CFD assets can definitely be traded without leverage but they won’t generate a greater output for the investor.

Leverage obviously works if you can risk big on many of the trades you are taking and you are continuously winning after every trade. On the other hand, you can lose a greater amount of money very quickly if the trade doesn’t go according to plan. So, here you have to work with minimum amounts. The second important point to consider after leverage is minimum trading quantities.

Minimum Trading Quantities

Minimum trading quantities allow you to trade in minimum amounts. These quantities can massively differ between separate asset classes. For example, some stocks have a minimum requirement of 0.1 of a share. Whereas, if you look at some of the commodities and rates; they may significantly differ. That is why it is significant to understand the minimum quantities for each of the individual asset types in which you are trading because it will largely influence the trade value.

Is Forex for beginners?

Forex is definitely not for beginners. Much of the forex trading is done by financial institutions and major banks, so these entities get much profit as compared to individual traders. As an individual trader you are at the mercy of the large financial institutions as the trades they make have the ability to move the market whereas an individuals don’t. You are therefore at the mercy of random movements. A lot of Forex traders use price action and support and resistance levels. Whilst there is some merit in using these, it is not a fail proof way to trade. Other Forex traders us Fundamental analysis where they trade off the back of news, interest rates and political statements. My view is that a combination of both technical and fundamental analysis is probably best. I think the keys to successful Forex trading is outstanding risk management with use of stop losses, a sound knowledge of fundamental and technical analysis and a strong mental attitude in sticking with a trading plan.

In short you will never be right all of the time and so the key really is to have small losses, bigger size wins by letting winners run and to win more than you lose. It sounds easy but most definitely isn’t and is why the vast majority of new Forex traders lose money and blow their accounts extremely quickly.

Using CFD Account in Trading 212

You can trade with CFD Account in your Trading 212 app. Here’s how the CFD Account looks like. The user interface is almost same as that of Invest Account with minor changes based on business rules for operation in CFDs.