There difference between trading 212 invest and isa out there, and it’s important to do your research before choosing one. You can find helpful information on comparison websites, or get advice from a financial adviser to help you pick the best platform for your needs.
Trading 212 offers a web app, a mobile app and a browser extension that are all easy to use. It also has a demo feature on its site and app that lets you play around with fake money to test it out before investing real money. You can even automate the process by linking it to your Plum account, which will deposit money automatically based on your preferences.
The main difference between trading 212 invest and isa is that the ISA account has a tax-efficient wrapper. That means that you won’t pay UK tax on any profits or dividends that you make within the account, and any money you withdraw doesn’t count towards your yearly allowance.
an You Short on Trading 212? A Guide
In the Invest account, you’ll be able to buy shares in top companies listed on the London Stock Exchange as well as on the Nasdaq and New York stock exchanges. You’ll be able to choose from over 2,000 ETFs and investment trusts as well.
You’ll also be able to trade CFDs (contracts for differences) on the Trading 212 platform. These are a more risky way of trading, as you’re betting on the direction that prices will move rather than owning the underlying asset or share. You’ll be charged a spread to trade CFDs on the platform, as well as a 0.25% FX fee.