Written by StockBrokers.com
Is Fineco Bank better than Trading 212? After scoring the best share dealing accounts across 46 different variables, Fineco Bank is better than Trading 212. For the price-conscious trader, FinecoBank is a solid share dealing option with a broad range of investment options; but educational materials and research reports are lacking.
| Overall Rating | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Overall Rating |
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| Commissions & Fees |
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| Offering of Investments |
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| Mobile Trading |
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| Platforms & Tools |
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| Research |
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| Ease of Use |
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| Education |
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| Review | Fineco Bank Review | Trading 212 Review | |
| Winner | check_circle |
| Investments | Fineco Bank | Trading 212 | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Funds | Yes | No | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | No | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Minimum Deposit | £0.0 | £1.0 | |
| Share Trading: 0-9 Deals/ Month | £2.95 | 0 | |
| Share Trading: 10-19 Deals/ Month | £2.95 | 0 | |
| Share Trading: 20+ Deals/ Month | £2.95 | 0 | |
| 5 trades per year (£30k portfolio) | £75 | £196 | |
| 12 trades per year (£30k portfolio) | £35.4 | £196 | |
| 36 trades per year (£30k portfolio) | £106.2 | £196 | |
| 120 trades per year (£30k portfolio) | £354 | £196 | |
| 3 fund trades per year (£30k portfolio) | £14.75 | N/A | |
| Annual Custody Fee: £0 - £250,000 | 0.25% | £0 (Other Fees Apply) | |
| Annual Custody Fee: £250K-£500K | 0.15% | £0 (Other Fees Apply) | |
| Annual Custody Fee: £500,000 - £1m | 0.15% | £0 (Other Fees Apply) | |
| Annual Custody Fee: £1m and over | 0.05% | £0 (Other Fees Apply) | |
| Bonds - Corporate - Fee | £6.95 | N/A | |
| Bonds - Government (Gilts) - Fee | £6.95 | N/A | |
| ETFs - Fee | £2.95 | 0 | |
| Investment Trusts - Fee | N/A | N/A | |
| Telephone Dealing Fee | N/A | N/A |
| Platforms & Tools | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 22 | 54 | |
| Charting - Drawing Tools | 3 | 25 | |
| Charting - Notes | No | Yes | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Has Education - Share Trading | No | Yes | |
| Has Education - Funds | No | No | |
| Has Education - Retirement | No | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Fineco Bank | Trading 212 | |
|---|---|---|---|
| Overall Rating |
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| Commissions & Fees |
|
| |
| Offering of Investments |
|
| |
| Mobile Trading |
|
| |
| Platforms & Tools |
|
| |
| Research |
|
| |
| Ease of Use |
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| |
| Education |
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| Review | Fineco Bank Review | Trading 212 Review | |
| Winner | check_circle |
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Fineco Bank vs Trading 212.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Fineco Bank offers better pricing than Trading 212 for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Fineco Bank would cost £75 per year, while Trading 212 would cost £196 per year.
12 trades per year - Fineco Bank would cost £35.4 per year, while Trading 212 would cost £196 per year.
36 trades per year - Fineco Bank would cost £106.2 per year, while Trading 212 would cost £196 per year.
120 trades per year - Fineco Bank would cost £354 per year, while Trading 212 would cost £196 per year.
3 fund trades per year - Fineco Bank would cost £14.75 per year, while Trading 212 would cost N/A per year.
Fineco Bank offers investors access to ISA, Share Trading, CFD Trading, Funds, ETFs, Bonds - Corporate and Bonds - Government (Gilts), while Trading 212 offers investors access to ISA, Share Trading, CFD Trading and ETFs, neither have SIPP, Investment Trusts, Spread Betting, Crypto Trading and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Our testing concluded that Fineco Bank is better for research than Trading 212. Fineco Bank offers more research options, including research reports, articles, and analyst ratings.
To compare the trading platforms of both Fineco Bank and Trading 212, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, Fineco Bank offers a better share dealing platform and Fineco Bank offers a better stock app for mobile trading.
Overall winner: Fineco Bank
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