Updated September 29, 2026 · SumCue Editorial Team
Trading 212 vs Wealthify
Trading 212
Higher score in this comparison
Wealthify
What sets them apart
| Compare | Trading 212ReviewSee alternativesSee alternatives | WealthifyReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £1Lower | £1,000 |
| Markets | Stocks, ETFs, Forex, CFDs | Stocks, ETFs, Bonds, Funds |
| Regulators | Financial Conduct Authority, Cyprus Securities and Exchange Commission, Cyprus Securities and Exchange Commission (CySEC)Covers more | Financial Conduct Authority |
| Platforms | Trading 212 App, Web Platform | Web, iOS app, Android app |
| Account types | ISA, SIPP, JointCovers more | ISA, SIPP |
| Stock trade fee | £0 | Not confirmed |
| Account fee | £0 | Not confirmed |
| Inactivity fee | £0 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | No fees for deposits, withdrawals or transfers |
Same on both: Investor protection (FSCS up to GBP 85,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Trading 212 scores higher overall: 9.3 vs 8.7.
- Regulators: only Trading 212 offers Cyprus Securities and Exchange Commission, Cyprus Securities and Exchange Commission (CySEC).
- Founded is lower at Trading 212: 2006 vs 2016.
- Minimum deposit is lower at Trading 212: £1 vs £1,000.
- Markets: only Trading 212 offers Forex, CFDs.
- Markets: only Wealthify offers Bonds, Funds.
- Platforms: only Trading 212 offers Trading 212 App, Web Platform.
- Platforms: only Wealthify offers Web, iOS app, Android app.
- Account types: only Trading 212 offers Joint.
- Support channels: only Wealthify offers Email, Chat, Phone.
Our verdict on each
Trading 212
Trading 212 suits UK beginners who want to start small and pay nothing to hold or trade. Stock trades cost £0, the account fee is £0, deposits start at £1, and help runs through help centre only, with no phone or chat route for anyone who needs a person.
Wealthify
Wealthify is a straightforward robo-advisor for beginners who want a pension or ISA built for them and left alone. Cost is the weak point: a £1,000 deposit and a £1,000 to £5,000 minimum investment leave it at 68 of 82 on our data.
Score breakdown
| Area | Trading 212 | Wealthify |
|---|---|---|
| Cost | 9.3HigherStock trade fee of £0 and account fee of £0, with no inactivity charge of £0 and a minimum deposit of £1. | 8.5 |
| Offer | 8.9 | 9.2Higher |
| Trust | 9.4Higher | 8.5 |
Choosing between them
Pick Trading 212 if cost, trust, minimum deposit, regulators, and account types matter most.
Pick Wealthify if offer matter most.
Where each is licensed and available
| Country | Trading 212 | Wealthify |
|---|---|---|
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 21380045KC28948FNE32 | Not confirmed |
| United Kingdom | Not confirmed |
How they place
| Ranking | Trading 212 | Wealthify |
|---|---|---|
| Investing | 110 of 654 | 306 of 654 |
| Stock and ETF brokers | 75 of 358 | 222 of 358 |
| Stocks and shares ISAs | 4 of 25 | 16 of 25 |
| Pensions and SIPPs | 2 of 23 | 12 of 23 |
Every fact side by side
| Fact | Trading 212 | Wealthify |
|---|---|---|
| Features | Fractional shares, Demo account, Mobile appCovers more | Mobile app |
| Pricing model | Commission free | Low fees |
| Audience | Beginners | Beginners |
| Legal entity | Trading 212 Markets Ltd | Wealthify Limited |
| Headquarters | Cyprus | United Kingdom |
| Founded | 2006Lower | 2016 |
| Support channels | Help centre | Email, Chat, Phone, Help centreCovers more |
Savings
| Fact | Trading 212 | Wealthify |
|---|---|---|
| Rate type | Variable | Not confirmed |
| Deposit protection | FSCS up to GBP 85,000 | Not confirmed |
| Access terms | Flexible Cash ISA with instant access; withdraw and add money at any time, interest paid monthly | Not confirmed |
| Account kind | ISA | Not confirmed |
Where each stands against the rest
| Fact | Trading 212 | Wealthify | Median |
|---|---|---|---|
| Minimum deposit | £1below the median | £1,000highest quarter | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
Median across 24 listed providers.
Pros and cons
Trading 212
Pros
- Stock trades cost £0 and the account fee is £0, so holding a portfolio costs nothing
- The inactivity fee is £0, so a dormant account is not quietly charged
- The minimum deposit is £1, far below the €10 bunq asks
Cons
- Support runs on help centre only, so there is no live phone or chat route
- Trading 212 Markets Ltd is authorised by the Cyprus Securities and Exchange Commission on MiCA CASP 21380045KC28948FNE32, so the Financial Conduct Authority is not the only supervisor involved
- Markets cover stocks, etfs and forex, which leaves funds, bonds and options outside the range offered here
Wealthify
Pros
- Deposits, withdrawals and transfers are free of charge, so moving money in and out adds nothing to the cost of holding a portfolio.
- Support runs on email, chat and phone, so help is available by phone and chat as well as in writing.
- The account range covers an ISA and a SIPP: isa and sipp, the two wrappers most UK first time savers open first.
Cons
- The 0.6% management fee is above the 0% listed for eToro and the 0% listed for Empower Personal Dashboard.
- A £1,000 deposit and a £1,000 to £5,000 minimum investment put the starting point far above the $100 at Axos Invest.
- Account choice is narrow: isa and sipp is the full list, so there is no general investment account for money held outside a tax wrapper.
Who each suits
Trading 212
Who it suits
- Beginners opening a first UK investing account
- Savers who want tax-free cash in a flexible Cash ISA
- Small regular investors using fractional shares in small amounts
Who should look elsewhere
- Anyone who wants a phone line, since support runs on help centre only
- Readers wanting a lower entry amount than £1, since CFI asks $0
Wealthify
Who it suits
- Beginners who want the picking done for them: the stated audience is beginners.
- Savers putting money into an ISA or a pension: isa and sipp.
- People who want help by phone rather than by message alone: email, chat and phone.
Who should look elsewhere
- Anyone starting with a small sum, because the £1,000 to £5,000 minimum investment is far above the $100 at Axos Invest.
- Readers who weigh only ongoing cost, since 0.6% is above the 0% at eToro and the 0% at Empower Personal Dashboard.
Country by country
| Country | Trading 212 | Wealthify |
|---|---|---|
| United Kingdom | No | Yes |
Questions about each
Trading 212
How much does it cost to open and hold an account?+
The account fee is £0 and the stock trade fee is £0, so there is no charge to hold or to trade. It ranks 1 of 142 on account fee in our data. The only other cost line recorded is the inactivity fee at £0.
What is the smallest amount I can start with?+
The minimum deposit is £1, which puts the entry point low. That ranks 83 of 218 on our minimum deposit data. For comparison, bunq asks a minimum deposit of €10, so Trading 212 asks less of a first deposit than bunq does.
Wealthify
What does it cost to run an account with Wealthify?+
The headline cost is a management fee of 0.6% on the value of the portfolio you hold. Money movement is free: there is no charge for deposits, withdrawals or transfers, so adding or taking out money does not add a provider bill. The management fee is therefore the only line worth tracking.
How much do I need to put in to start?+
You need a deposit of £1,000 to get going, and the investment itself is £1,000 to £5,000. That range matters for anyone testing the water, since the lower end decides what the management fee works out at in cash terms. Both figures are in pounds, so the arithmetic stays in sterling.
Other options to compare
Other matchups
Trading 212
Wealthify