Trading 212 Stocks and Shares ISA review: Is it worth it?

Disclaimer: The information in this article is for reference purposes only. Wise does not offer to buy or sell stocks, and all information on this page should not be considered financial advice. All investment decisions should be made after thorough research and consultation with a qualified financial advisor. Remember that investments, even in low-risk funds, are never guaranteed and your capital is at risk.

You can’t control the ups and downs of the stock market, but you can control how you invest. A stocks and shares ISA is one way to grow your money over the long term - while keeping your returns tax-free.

Whether you’re just getting started with stocks and shares ISAs or switching providers, you have lots of options to pick from in the UK right now. One of these is Trading 212, an investment platform that offers a stocks and shares ISA along with other ways to invest.

To help you decide if it’s the right fit for your financial goals, we’ll cover everything you need to know about Trading 212’s ISA, from who’s eligible to what features are offered and how much it costs.

Table of contents

Who the Trading 212 Stocks and Shares ISA is best for? Who can open an account? What currencies are supported? Trading 212 Stocks and Shares ISA features Trading 212 Stocks and Shares ISA fees Does the Trading 212 Stocks and Shares ISA have an account fee? Trading fees with Trading 212 Stocks and Shares ISA How much does Trading 212 Stocks and Shares ISA charge for UK stocks? Trading 212 Stocks and Shares ISA withdrawal fees Trading 212 Stocks and Shares ISA commission fees How to buy stock with Trading 212 Stocks and Shares ISA Buying stock in another currency? How is the Trading 212 Stocks and Shares ISA mobile app? Trading 212 Stocks and Shares ISA customer service Alternatives to the Trading 212 Stocks and Shares ISA FAQs about investing with Trading 212 S&S ISA Do you pay tax on a S&S Trading 212 ISA? Can you withdraw money from a Trading 212 S&S ISA? How long does it take to withdraw from a Trading 212 S&S ISA? Grow your international money with Wise

Who the Trading 212 Stocks and Shares ISA is best for?

If you’re confident in picking your own investments - and can cope with the market fluctuations - the Trading 212 Stocks and Shares ISA could be a good choice. You’ll get access to a wide range of stocks and EFTs alongside commission-free trading.¹ Plus, because it’s an ISA, your returns are tax-free.

That said, if you’re just starting out and aren’t sure where to start, investing with this ISA could feel overwhelming. Those who need more hand-holding might be better off choosing platforms that offer more in-depth education.

Who can open an account?

To open a Trading 212 Stocks and Shares ISA, you must be a UK resident 18 years or older.² You must also have your National Insurance (NI) number, since this is required to open any ISA in the UK.

What currencies are supported?

Trading 212 supports investing across 13 currencies on its platform - but doesn’t specify if currencies other than GBP are supported with its stocks and shares ISA.³

It’s likely, however, that your ISA investments will be handled in British pounds (GBP). This means if you invest in assets priced in other currencies, a 0.15% currency conversion fee will likely apply.⁴

Trading 212 Stocks and Shares ISA features

Trading 212 Stocks and Shares ISA lets you buy shares in the UK while keeping fees low. Key features include:

• Unlimited commission-free trading within the ISA¹
• Zero platform or account fees⁶
• Access to more than 13,000 stocks and Exchange-Traded Funds (ETFs) from markets including the UK, US, Germany and other countries²
• Fractional shares and automatic investing tools⁶
• Daily interest on uninvested cash⁶
• Optional share lending to earn extra interest on eligible assets⁴
• Free withdrawals and support for ISA transfers²
• Highly rated mobile app with 4.7 stars on Google Play and 4.6 on the App Store³

Trading 212 Stocks and Shares ISA fees

Make sure you know about any fees you’ll need to pay before investing in an ISA or investment account. Here’s a look at the fees for the Trading 212 Stocks and Shares ISA.⁴

Fee	Amount
Platform fee	None
Commission fee	None
Withdrawal fee	None
Deposit fee	Free via bank transfers and up to €2,000 cumulative via Google Pay, Apple Pay and cards. 0.7% fee applies after €2,000 cumulative
Foreign exchange fee	0.15%

Does the Trading 212 Stocks and Shares ISA have an account fee?

No. Trading 212’s Stocks and Shares ISA doesn’t charge any platform, subscription, or other account fees simply for having an account open or keeping money in it.⁴

Trading fees with Trading 212 Stocks and Shares ISA

Trading 212 doesn’t charge any trading fees when you buy or sell shares or EFTs. The only fee to watch out for is a 0.15% currency conversion fee if you’re trading in a different currency.⁴

How much does Trading 212 Stocks and Shares ISA charge for UK stocks?

Nothing. Since Trading 212 offers commission-free trading, you can trade UK stocks without paying a penny in commissions. The only fees you’ll see for trades are those set by the government, which you’re required to pay on any platform.⁴

Trading 212 Stocks and Shares ISA withdrawal fees

Trading 212 doesn’t charge any withdrawal fees for its Stocks and Shares ISA. However, if your money is tied up in investments, you’ll need to sell first before taking out your funds.⁴

Trading 212 Stocks and Shares ISA commission fees

Best known for its zero-commission investing, Trading 212 doesn’t charge any commission fees for its Stock and Shares ISA or any of its other investment products.⁴

How to buy stock with Trading 212 Stocks and Shares ISA

Buying stocks with Trading 212’s Stocks and Shares ISA is a fairly straightforward process. After you open an account on Trading 212’s website or within its app, verify your identity, and deposit funds into your account, you can: ^{1, 6}

1. Browse and select the stock you’d like to buy
2. Select the amount you’d like to invest
3. Receive your shares

You can also set up automatic investing to buy selected stocks automatically on a daily, weekly, or monthly basis.⁷

Buying stock in another currency?

Buying or selling a stock or shares that aren’t traded in your local currency? Don’t let the currency conversion trip you up. Convert your stocks or shares into any currency with our handy tool, and you’ll always know what you’re getting.

Check out our international stock ticker tool.

Explore international stocks 🌍

Disclaimer: Wise's international stock ticker provides information for reference purposes only. This tool and platform does not offer to buy or sell stocks, and the data displayed here should not be considered financial advice. All investment decisions should be made after thorough research and consultation with a qualified financial advisor. We make no guarantees regarding the accuracy or completeness of the information provided, and users should exercise caution and seek professional guidance when making investment choices.

How is the Trading 212 Stocks and Shares ISA mobile app?

Trading 212’s mobile app is available for both Android and iOS devices and at the time of writing has high user ratings: 4.7 on the Google Play store and 4.6 on the Apple App Store.³

You can use the app to open and fund your Stocks and Shares ISA, view live stock prices, buy and sell investments, withdraw funds, and manage your portfolio.⁶

Trading 212 Stocks and Shares ISA customer service

You can ask questions and get help with your Trading 212 Stocks and Shares ISA using the in-app chat service or by submitting a request through the website.^{1, 8}

Trading 212 also offers an active community forum where you can ask questions and get help from the Trading 212 care team, moderators, or other users.⁹

Alternatives to the Trading 212 Stocks and Shares ISA

If you’re after a DIY alternative to Trading 212 Stocks and Shares ISA, Lloyds Share Dealing ISA and Halifax Stocks and Shares ISA both let you choose your stocks.^{10, 11}

For more hands-off options, platforms like Moneybox, Barclays and NatWest offer stocks and shares ISAs with ready-made portfolios based on your risk level, time horizon, or financial goals.^{12, 13, 14} In addition, Vanguard and HSBC offer stocks and shares ISAs built around managed funds if you’d rather pick the stock picking to the pros.^{15, 16}

Here's a list of alternatives to research to decide which is right for you:

• Halifax Stocks and Shares ISA
• Barclays Investment ISA
• NatWest Stocks and Shares ISA
• HSBC Stocks and Shares ISA
• Trading 212 Stocks ISA
• Vanguard Stocks and Shares ISA
• Lloyds Stocks and Shares ISA.

FAQs about investing with Trading 212 S&S ISA

Do you pay tax on a S&S Trading 212 ISA?

No. The Trading 212 Stocks and Shares ISA is tax-free, just like all ISAs. Any profits you make from interest, dividends, or selling investments within the ISA are not subject to tax. You do not need to report these earnings on your tax return.

Can you withdraw money from a Trading 212 S&S ISA?

Yes,. You can withdraw any amount over €1 at any time for free.⁴ The Trading 212 Stocks and Shares ISA is also flexible, which means that if you take money out and put it back in within the same year, that re-deposit will not count against your annual ISA allowance.¹⁷

Remember, to withdraw funds from a Trading 212 Stocks and Shares ISA, the money needs to be available as cash in your account. If all your money is tied up in investments, you’ll need to sell first, then withdraw.

How long does it take to withdraw from a Trading 212 S&S ISA?

It takes 3 business days or less to withdraw money from a Trading 212 Stocks and Shares ISA, whether by bank wires or card payments.¹⁸

Grow your international money with Wise

Not sure about using a stocks and shares ISA to help you save?

With a Wise account, you can earn a return by investing your GBP, EUR and USD, and choose how your money is used. Simply select your chosen currency account then under ‘Options’, select ‘Earn’ and choose ‘Stocks’ or ‘Interest’.

All your money is held as ‘cash’ by default, so you can’t earn a return on what you spend, but it isn’t at risk in the market.

If you select the ‘Stocks’ option, we’ll invest some or all of your money (you can choose to allocate all or part of your chosen currency) in the index tracking fund we’ve chosen.

And if you opt for Wise Interest you can choose to give us permission to invest all or some of your money in the interest-earning fund we’ve chosen, this will depend on the currency.

Wise Interest can help grow your international money and start earning a return on the pounds, euros and dollars in your account. When you use Wise Interest, you can send and spend your money whenever you want, including your gains and you can transfer up to 10,000 GBP (or equivalent) each day from Interest currencies. Anything above will add a processing time of up to 2 working days.

To protect your account, we may occasionally need to temporarily limit the amount of money you can withdraw, send, or spend daily. In this case you’d still get full access to your money within 2 working days.

We invest your money in government-backed asset funds. This means that when the central bank rates change, your return does too. You can check the 7 day past performance on the Wise Interest page. Past performance doesn't guarantee future growth. Capital at risk.

Consider turning on Wise Interest, which could help grow your money.

Learn more about Wise Interest

Capital at risk. Growth not guaranteed. Wise Assets UK Ltd is authorised and regulated by the Financial Conduct Authority with registration number 839689. When facilitating access to Wise investment products, Wise Payments Ltd acts as an Introducer Appointed Representative of Wise Assets UK Ltd. Please be aware that we do not offer investment advice, and you may be liable for taxes on any earnings. If you’re uncertain, we urge you to seek professional advice. To find out more about the Funds, visit our website.

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Sources used for this article:
1. Trading 212 - commission free
2. Trading 212 - what is an ISA?
3. Trading 212 - eligibility requirements
4. Trading 212 - trading terms
5. Trading 212 - Share lending
6. App Store - Trading 212 on the App Store
7. Trading 212 - AutoInvest
8. Trading 212 - help page
9. Trading 212 - Trading 212 community
10. Lloyds Bank - Share Dealing ISA
11. Halifax - Stocks and Shares ISA
12. Moneybox - Stocks & Shares ISA
13. Barclays - ready made investments
14. NatWest - Stocks & Shares ISA
15. Vanguard - Stocks and Shares ISA
16. HSBC - Stocks And Shares ISA
17. Money Saving Expert - how flexible ISAs work
18. Trading 212 - how long withdrawal takes

Sources last checked on 29-May-2025