Trading 212 ISA: Key Facts
Trading 212 offers a Stocks and Shares ISA with no platform fee and no dealing commission on shares and ETFs. The minimum investment is £1. The 2026/27 ISA allowance of £20,000 applies. Trading 212 also offers a Cash ISA at a variable interest rate, which can be held alongside the stocks and shares ISA within the annual allowance.
| Feature | Detail |
|---|---|
| Platform fee | 0% |
| Dealing commission | Free on stocks and ETFs |
| Minimum investment | £1 |
| Fractional shares | ✓ Yes |
| ISA type | Stocks & Shares + Cash ISA |
| AutoInvest | ✓ Proportional pie allocation |
| FX fee | 0.15% on non-GBP trades |
| FSCS protection | ✓ Up to £85,000 |
The True Cost Picture
Trading 212 is genuinely commission-free for GBP-denominated UK shares and ETFs. If you invest in US stocks or ETFs quoted in USD, a 0.15% foreign exchange fee applies at the point of conversion. For a passive investor buying sterling-denominated global ETFs (such as VWRP or CSPX), the total platform cost is effectively zero.
AutoInvest: The Standout Feature
Trading 212's AutoInvest (or "Pie") feature allows you to create a custom portfolio of stocks and ETFs with preset percentage allocations, then invest with a single click -- or set up recurring investments that automatically rebalance to your target weights. For beginner investors who want to invest a fixed amount each month across a small number of index ETFs, this is practically useful and not commonly available on UK platforms at zero cost.
Limitations
Trading 212 does not offer access to investment funds (unit trusts or OEICs) -- only stocks and ETFs. If you want to invest in active funds, or funds not available as ETFs, you will need a different platform. There is no SIPP option. Customer service has historically had capacity issues during periods of high market volatility.
Verdict
For cost-conscious investors who want a stocks and shares ISA for index ETF investing or commission-free stock picking, Trading 212 is one of the strongest propositions in the UK market. The zero platform fee, £1 minimum and AutoInvest feature make it well-suited to beginners and regular savers. It is not the right platform for investors who want access to active funds or a pension wrapper.
Open a Trading 212 ISA
Zero platform fee. Commission-free stocks and ETFs. Start from £1.
Affiliate link — we may earn a commission. Capital at risk. Not advice.