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Articles / Trading 212 vs Nextmarkets: 2023 Comparison

Trading 212 vs Nextmarkets: 2023 Comparison

Franklin Carneiro da Silva| Updated: February 27, 2023

Are you confused about whether to choose Trading 212 vs Nextmarkets as a broker for your investing needs?

In this side-by-side comparison, we analyse Trading 212 vs Nextmarkets to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Trading 212 vs Nextmarkets: 2023 Comparison 1
Visit Trading 212Asset 3

Investing involves risk of loss.

Ideal for
Commission-free stock and ETF trading

Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple web and mobile application.

The company aims to do this by allowing its more than 15 million users to invest in over 10,000 stocks and ETFs, Forex, commodities, CFDs, and cryptocurrencies.

You will find commission-free stocks and ETFs trading, fractional shares, and even an automatic investment system. New users get one free share worth up to €100 (promo code IITW). On the downside, it shows limitations regarding available products.

Trading 212 vs Nextmarkets: 2023 Comparison 2
Visit NextmarketsAsset 3

56.65% of retail CFD account lose money.

Ideal for
Curated investing

Nextmarkets is an online broker well-tailored for those with a basic understanding of the financial markets. It has a very intuitive and hassle-free mobile app.

You can invest in financial products such as shares, ETFs, CFDs on shares, ETFs, indices, forex, bonds, cryptocurrencies, and commodities.

With “curated investing”, Nextmarkets wants to allow you to benefit from the experience of proven experts (called “coaches”) and stock market professionals.

Pros and Cons

Pros

  • Commission-free Real Stocks and ETFs trading
  • AutoInvest & Pies feature
  • Fast and easy account opening process
  • Demo account
  • Top Tier Regulators
  • One free share worth up to 100€ using the promo code "IITW"

Cons

  • Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
  • No relevant Fundamental tools
  • Spreads on Forex CFDs may be high in certain trading hours
  • Foreign exchange fees (0.15% and 0.50% in “Invest” and “CFDs” accounts, respectively)

Pros

  • Zero commission trading for all asset classes (orders above €250)
  • No custody, inactivity and deposit/withdrawal fee
  • Fast account opening process (less than 5 min)
  • No minimum deposit
  • No currency conversion fee
  • Good customer support
  • Demo Account

Cons

  • €1 commission per order below €250
  • The web platform is a little “buggy”
  • No clear distinction between real shares and CFDs
  • Spreads are above average
  • No fundamental data
  • No educational materials
  • The minimum withdrawal is €150
Trading 212 vs Nextmarkets: 2023 Comparison 3
Trading 212 vs Nextmarkets: 2023 Comparison 4
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • Trading 212Asset 3

    Investing involves risk of loss.

  • General Information
  • Founded in2004
  • Demo Account
  • Account Minimum€/£10
  • Interest on unninvested cash (annually)EUR: 1.25%; USD: 1.90%; GBP: 1.65%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, Indices, Currencies and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/£0
  • EU stocks€/£0
  • ETFs€/£0
  • CryptocurrenciesNot Applicable
  • Custody Fee€/£0
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0.15%**0.50% in CFDs trading.
  • Security
  • RegulatorsFCA and FSC.
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000.

  • NextmarketsAsset 3

    56.65% of retail CFD account lose money.

  • General Information
  • Founded in2014
  • Demo Account
  • Account Minimum€1
  • Interest on unninvested cash (annually)EUR: Up to 2.30%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Indices, Bonds, Cryptocurrencies, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**€1 for orders below €250.
  • EU stocks€0**€1 for orders below €250.
  • ETFs€0**€1 for orders below €250.
  • CryptocurrenciesNot Applicable**$20 spread on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€0
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsMSFA
  • Investor Compensation Scheme(per person, per institution)Up to €20.000 **From non-returned assets up to 90%.
Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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