Teletrade
Trading212
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Overview
Teletrade was founded in 2008 and is headquartered in Cyprus, while Trading212 was established in 2006 and is based in UK. Teletrade holds licences including Cyprus Securities and Exchange Commission (CySEC), while Trading212 is regulated by Financial Conduct Authority (FCA) among others. Teletrade serves 50,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $100 at Teletrade and $1 at Trading212.
| Feature | Teletrade | Trading212 |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2008 | 2006 |
| Country | Cyprus | UK |
| Clients | 50,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Teletrade and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Teletrade). Neither broker charges withdrawal fees. Overall, Trading212 scores higher on fees in our assessment.
| Feature | Teletrade | Trading212 |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Teletrade offers MT4, 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 Teletrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Teletrade | Trading212 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) | MT4, 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 Teletrade and Trading212 compare. Teletrade runs regular live webinars; Trading212 does not. Both provide video tutorials. Teletrade publishes daily market commentary; Trading212 does not. Both integrate third-party research tools. Teletrade maintains an archive of past webinars for on-demand viewing. Teletrade scores higher overall in education and research.
| Feature | Teletrade | Trading212 |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Teletrade accepts 2 of the tracked payment methods (Skrill, Neteller), while Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Teletrade uniquely supports Neteller among the two brokers. Trading212 uniquely supports bank transfer and credit/debit card and PayPal among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.
| Feature | Teletrade | Trading212 |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Teletrade and Trading212 offer live chat support. Teletrade offers phone support; Trading212 does not. Email support is available at both brokers. Teletrade supports 15 languages and Trading212 supports 13, giving Teletrade broader global reach. Teletrade scores higher overall on customer support in our assessment.
| Feature | Teletrade | Trading212 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish |