Trading212 is one of the most popular commission-free trading platforms, known for its user-friendly interface and diverse asset selection. Many beginner traders, especially those unfamiliar with complex trading strategies, often look for copy trading—a feature that allows them to automatically copy the trades of experienced investors.
So, does Trading212 offer copy trading like platforms such as eToro or ZuluTrade?
This guide will explore whether Trading212 provides this functionality, what alternatives exist, and how it compares to other brokers that specialize in social and copy trading.
Does Trading212 Have a Copy Trading Feature?
Currently, Trading212 does not offer a built-in copy trading feature.
Unlike platforms such as eToro, where users can automatically mirror the trades of top investors, Trading212 focuses on self-directed trading. This means that traders on the platform must make their own investment decisions rather than following a pre-set strategy designed by another trader.
Despite this, many traders still look for ways to replicate copy trading on Trading212, either by manually following top investors or using external tools for trade execution. However, these workarounds do not offer the same level of automation or ease as dedicated copy trading platforms.
Why Doesn’t Trading212 Offer Copy Trading?
There are a few key reasons why Trading212 does not provide a copy trading feature:
- Focus on Self-Directed Investing. Trading212 markets itself as a commission-free trading platform, allowing users to trade stocks, ETFs, forex, and CFDs on their own terms. The platform is designed for independent traders rather than those looking to copy others.
- Regulatory Considerations. Copy trading involves additional regulatory requirements, including ensuring that traders providing signals are properly monitored and compliant with financial laws. Trading212 may choose to avoid this complexity to focus on its core business model.
- User Risk Management. Copy trading can be risky, especially for beginners who may follow traders without fully understanding their strategy or risk tolerance. Trading212 may prefer to encourage traders to learn and develop their own skills rather than rely on copying others.
How Trading212 Compares to Copy Trading Platforms
Since Trading212 does not support copy trading, traders looking for this feature often compare it to competitors that specialize in social trading. Below is a comparison between Trading212 and two of the most popular copy trading platforms—eToro and ZuluTrade.
Trading212 vs eToro
eToro is one of the most well-known platforms for copy trading, offering a feature called CopyTrader, where users can automatically copy the trades of top investors.
eToro’s Strengths
- Fully automated copy trading with one-click trade mirroring.
- Social trading features, allowing traders to interact, discuss strategies, and share insights.
- A wide selection of stocks, ETFs, forex, and crypto.
Where Trading212 Differs
- Trading212 does not allow automated copy trading.
- Trading212 has lower fees and zero commissions, whereas eToro charges spreads and withdrawal fees.
- Trading212 is more suitable for independent traders who want control over their trades.
Which One Is Better?
If you’re looking for copy trading, eToro is the clear choice. However, if you prefer low-cost trading with full control, Trading212 is the better option.
Trading212 vs ZuluTrade
ZuluTrade is another social trading platform that allows traders to follow signal providers and professional traders. Unlike eToro, ZuluTrade works by connecting to external brokers, meaning you can copy trades across multiple platforms.
ZuluTrade’s Strengths
- Allows users to copy traders on different brokers.
- Offers risk management tools to customize trading exposure.
- Provides rankings of top-performing traders with performance statistics.
Where Trading212 Differs
- Trading212 does not allow external signal providers or trade mirroring.
- ZuluTrade supports many different brokers, whereas Trading212 is a standalone platform.
- ZuluTrade is focused on forex and CFD copy trading, whereas Trading212 offers stocks, ETFs, and CFD trading independently.
Which One Is Better?
For traders looking for fully automated copy trading, ZuluTrade is a better option. However, if you prefer a commission-free trading platform with full control, Trading212 remains a solid choice.
User Feedback on Trading212 and Copy Trading
Since Trading212 does not offer copy trading, many traders look for alternatives or discuss potential workarounds in online forums.
Common User Opinions from Trading Forums
- Many users mention that they prefer Trading212 for low-cost investing but would love to see a copy trading feature in the future.
- Some traders manually copy other investors by following strategies shared on Reddit or Discord groups, but this requires constant monitoring.
- Others have switched to eToro or ZuluTrade specifically for copy trading while keeping Trading212 for independent stock investing.
Real-World Insight: While Trading212 is widely praised for its low fees and easy-to-use interface, traders looking for automated copy trading often feel disappointed by its lack of features in this area.
Final Thoughts
Trading212 is a great commission-free trading platform, but it does not offer copy trading. If you’re looking for a platform that allows you to automatically follow and mirror the trades of professional investors, options like eToro and ZuluTrade may be better suited for your needs.
That being said, if you prefer a self-directed approach with no commission fees, Trading212 remains an excellent choice. While some traders manually copy strategies on Trading212, it is not a substitute for a true copy trading system.
For those interested in automated investing, it may be worth exploring other brokers with built-in copy trading functionality. However, if you’re comfortable making your own trading decisions, Trading212 is a strong option for cost-effective trading and investing.
FAQs
1. Does Trading212 allow copy trading? No, Trading212 does not offer copy trading or any built-in way to follow other traders’ strategies automatically.
2. Can I manually copy other traders on Trading212? Yes, some traders manually follow investment strategies shared by others on forums or social media, but this is not the same as automated copy trading.
3. Which trading platform is best for copy trading? eToro is the best-known platform for copy trading, offering an automated CopyTrader system. ZuluTrade is another strong option, allowing users to follow traders across multiple brokers.
4. Why doesn’t Trading212 offer copy trading? Trading212 focuses on self-directed investing, meaning users must make their own trading decisions. Additionally, regulatory complexities may prevent Trading212 from implementing a full copy trading system.
5. Is Trading212 better than eToro for beginners? It depends on what you’re looking for. Trading212 is better for low-cost investing and full trade control, whereas eToro is better for copy trading and social trading features.