B
fx private logo

fx private

7.3/10

Trading212

7.1/10
10/10RegulationTied10/10
0/10FeesWinner10/10
7/10PlatformsWinner9/10
4/10Education & ResearchTied4/10
10/10WinnerDeposits & Withdrawals8/10
10/10WinnerSupport7/10

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Overview

fx private was founded in 2020 and is headquartered in USA, while Trading212 was established in 2006 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fx private serves 12,000,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $250 at fx private and $1 at Trading212.

fx private wins this category
Featurefx privateTrading212
Min. Deposit$250$1
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Founded20202006
CountryUSAUK
Clients12,000,000+1,500,000+

Fees

Fees are a critical factor when choosing between fx private and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fx private). fx private charges withdrawal fees while Trading212 does not, a notable advantage for frequent withdrawers. Overall, Trading212 scores higher on fees in our assessment.

Trading212 wins this category
Featurefx privateTrading212
Min. Deposit$250$1
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

fx private offers MT5, cTrader, while Trading212 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trading212 supports social and copy trading features, which fx private does not offer. Trading212 edges ahead on platform breadth and functionality in our scoring.

Trading212 wins this category
Featurefx privateTrading212
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fx private and Trading212 compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
Featurefx privateTrading212
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx private accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). fx private uniquely supports Neteller among the two brokers. fx private scores higher on deposit and withdrawal flexibility.

fx private wins this category
Featurefx privateTrading212
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx private and Trading212 offer live chat support. fx private offers phone support; Trading212 does not. Email support is available at both brokers. fx private supports 8 languages and Trading212 supports 13, giving Trading212 broader global reach. fx private scores higher overall on customer support in our assessment.

fx private wins this category
Featurefx privateTrading212
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish