What do I get by using a my Trading 212 promo code?
You get a free share worth up to 100 USD / 100 GBP / 100 EUR.
Who is eligible to benefit from a promo code?
The promo codes are valid only for new users who open and fund Invest or/and ISA account. An account is considered new if it was opened during the last 7 days.
What is the difference between Practice and Real Money trading modes?
In a Real Money mode you are trading with real money and you should be aware of the risks involved. This is the sole difference between the modes, everything else is absolutely the same.
Can I lose more money than my deposit?
With Trading 212 your loss is limited to the amount of money in your account. This is not the case with many other brokers.
What is a Tax Identification Number (TIN)(NI) and where to find it?
A Tax Identification Number (TIN) is an identification number used for tax purposes.
In some countries, TINs are found on official identity documents (such as ID cards, passports, driving licenses, etc.) and usually match the personal number.
How long does it take to fund my account?
Credit/debit card payments take less than 10 minutes. Bank wires can take up to two days.
How long does it take to withdraw money from my account?
It usually takes 2-3 business days for you to receive money on your bank account or credit/debit card.
Can I fund my account through someone else’s bank account or credit card?
No. Your account can be funded only from your own bank account or credit card. If the account is funded through a joint bank account, you will need to provide us with a bank statement.
Can I fund my account using a business bank account?
We can not accept payments made through a business bank account.
In which currency is my profit calculated?
Different instruments are traded in different currencies. For example, commodities (like Gold, Oil, Silver) are traded in USD, stocks and indices are traded either in EUR or USD depending on the origin of the instrument. As for currency pairs (like EUR/USD), profits and losses are calculated in the second currency of the pair. If your account is in a different currency, then your profit or loss will be exchanged in real time into the currency of your account.
Do I have to pay taxes on my profit?
Your profits could be liable to taxation in your country according to local regulations. Usually, income from financial trading must be declared in your individual tax return. Please check with your local tax office.
