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Nutmeg logo

Nutmeg

7.9/10

Trading212

7.1/10
5/10RegulationWinner10/10
10/10FeesTied10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner8/10
10/10WinnerSupport7/10

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Overview

Nutmeg was founded in 2008 and is headquartered in USA, while Trading212 was established in 2006 and is based in UK. Nutmeg holds licences including Unregulated, while Trading212 is regulated by Financial Conduct Authority (FCA) among others. Nutmeg serves 10,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $0 at Nutmeg and $1 at Trading212.

Nutmeg wins this category
FeatureNutmegTrading212
Min. Deposit$0$1
RegulationUnregulatedFinancial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Founded20082006
CountryUSAUK
Clients10,000+1,500,000+

Fees

Fees are a critical factor when choosing between Nutmeg and Trading212, directly affecting your bottom line as a trader. Nutmeg has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Trading212). Neither broker charges withdrawal fees. Nutmeg applies inactivity fees on dormant accounts; Trading212 does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureNutmegTrading212
Min. Deposit$0$1
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Nutmeg offers MT4, MT5, cTrader, while Trading212 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureNutmegTrading212
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWebTrader, Desktop, 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 Nutmeg and Trading212 compare. Nutmeg runs regular live webinars; Trading212 does not. Both provide video tutorials. Nutmeg publishes daily market commentary; Trading212 does not. Both integrate third-party research tools. Nutmeg maintains an archive of past webinars for on-demand viewing. Nutmeg scores higher overall in education and research.

Nutmeg wins this category
FeatureNutmegTrading212
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nutmeg accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Trading212 uniquely supports PayPal and Skrill among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.

Trading212 wins this category
FeatureNutmegTrading212
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nutmeg and Trading212 offer live chat support. Nutmeg offers phone support; Trading212 does not. Email support is available at both brokers. Nutmeg supports 2 languages and Trading212 supports 13, giving Trading212 broader global reach. Nutmeg scores higher overall on customer support in our assessment.

Nutmeg wins this category
FeatureNutmegTrading212
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish