Trading 212 Fees Explained 2026: FX, Deposits and CFDs
Last updated: September 1, 2026
Trading 212 charges no dealing commission or platform/custody fee on Invest and Stocks ISA. The main broker fee for foreign shares is 0.15% FX. Card and wallet deposits are free only up to a cumulative £2,000 equivalent, after which 0.7% applies to the excess. Taxes and instrument-level charges can still apply.
This is the detailed cost guide. For app experience, account choice, safety and who the platform suits, read the separate Trading 212 review.
Trading 212 Invest and Stocks ISA fee table
| Cost | Current charge | When it applies |
|---|---|---|
| Dealing commission | £0 | Invest and Stocks ISA orders |
| Platform or custody fee | £0 | Trading 212 states both lines are zero |
| FX fee | 0.15% | Currency conversion when buying or selling in another currency |
| Card, Apple Pay or Google Pay deposit | 0.7% above the cumulative £2,000 equivalent allowance | Applied to the amount over the lifetime threshold |
| Bank transfer or UK instant bank transfer | £0 from Trading 212 | Useful for avoiding the card-deposit threshold |
Worked FX examples
A £1,000 purchase of a US share from a GBP balance creates a £1.50 FX fee at 0.15%. Selling the resulting USD holding back into GBP can create another conversion fee. If the converted sale value is £1,100, that second fee is £1.65. The combined broker FX cost in this simplified round trip is £3.15.
The Invest account supports multiple currencies. Holding and using the asset’s currency can reduce repeated conversions. The Stocks ISA does not offer the same multi-currency flexibility, so UK investors buying foreign shares should pay particular attention to FX.
Deposit fee example
The £2,000 card and digital-wallet allowance is cumulative, not monthly. If earlier card deposits total £1,800 and you add £500, £200 remains free and the 0.7% fee applies to £300. That fee is £2.10. A supported bank-transfer method avoids this Trading 212 deposit charge.
Third-party costs
Commission-free does not remove taxes or product costs. UK Stamp Duty Reserve Tax can apply to purchases of many UK shares. ADR fees can apply to depositary receipts. US regulatory charges may apply on certain sales. ETFs and funds also have their own ongoing charges inside the product, which reduce returns even when the broker platform fee is zero. Check the pre-trade cost screen for the specific order.
CFD fees are different
| CFD cost | How it works |
|---|---|
| Commission | Free |
| Custody | Free |
| Spread | Dynamic difference between buy and sell prices |
| FX fee | 0.5% on the converted result of a closed position |
| Overnight interest | Daily variable debit or credit for positions held overnight |
Trading 212 publishes the current spread and overnight rate on each CFD instrument’s details page. Because both can change, a static article cannot give a reliable all-in cost for a future trade. CFDs use leverage and 77% of retail investor accounts lose money with this provider.
How to check the exact cost before placing an order
- Enter the proposed order in the app.
- Open Cost information before confirming.
- Review entry costs, ongoing costs and exit costs.
- Check whether FX, tax, ADR, spread or overnight charges appear.
- Remember that values marked as estimates can change with price, size and holding period.
Common questions
Is Trading 212 completely free?
No. Invest and ISA dealing commission and platform fees are zero, but FX, some deposit methods, taxes and product-level charges can apply.
What is the biggest avoidable fee?
For many UK investors it is repeated FX conversion or the 0.7% deposit fee after exhausting the card and wallet allowance. Multi-currency use in Invest and bank transfers can reduce those costs.
Are CFD costs covered by the 0.15% Invest FX fee?
No. CFDs have a separate 0.5% FX fee on converted results, dynamic spreads and possible overnight interest.
Official sources checked: pre-trade costs, deposit fees, CFD fees and overnight interest.
I’m Steven, founder of MoneyAppReviews. I test money apps, referral programs, and EV tools in real life before I write about them. I drive a 2021 Tesla Model 3 Long Range, use Octopus Intelligent Go for home charging, and regularly track costs, savings, and app performance over time. I focus on practical, evidence-based reviews that help people decide what is actually worth using, not just what pays the highest commission.
