Trading 212 Close Account

Adam Rosen - Lead financial writer

Updated 17-Feb-2024

Trading 212 Close Account

For whatever reason you may wish to close or delete your live Trading 212 trading account. Trading 212 is a multi-asset broker that was established in 2006 and is headquartered in UK. Trading 212 offers trading in Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds, to over 15,000,000 clients. There are a few ways to close and deactivate your live Trading 212 account including online, through email and even through the post. Closing your Trading 212 account will take around 3 to 10 days depending on your circumstances. There are a few things you will need to check before you close your Trading 212 acccount as once your Trading 212 account is fully deactivated, any trading research and available Trading 212 funds or any other data that remains needs to be in your possession. Once Trading 212 trading platform access is lost.

What are the steps to deactivating and closing my Trading 212 account?

  1. Once logged into Trading 212, choose "delete" or "Close Account" from the Trading 212 drop-down menu that is located at the very bottom of the page on the Trading 212. Once you have navigated to the Trading 212 settings page, select the option that allows you to delete your Trading 212 live trading account.
  2. A pop-up will inquire as to the motivation for your decision to close your Trading 212 account, and it will provide you one final opportunity to change your mind. A Trading 212 representitive may also contact you to confirm your Trading 212 account closure.

It is now possible to close your Trading 212 account within three days, provided that all of your Trading 212 positions have been closed and all available Trading 212 funds have been withdrawn.

Although there are thousands of people who use Trading 212, at some point you may want to close your Trading 212 account. It only takes a few clicks of a button to delete your Trading 212 account if you decide you've had enough of the Trading 212 platform and no longer want to use it.

Before you close your Trading 212 account, double check that all open trades have been closed and that you have withdrawn the full amount of money from your available Trading 212 balance.

You can terminate your Trading 212 account via email

You can log in to your Trading 212 account using the email address that you provided during the Trading 212 registration process in order to terminate your Trading 212 account. Send an email to [email protected] requesting that your Trading 212 account be closed. The email should contain your Trading 212 account deactivation and closing request.

Your Trading 212 Account Can Be Closed Via Telephone

you can also contact a Trading 212 support agent by calling 44 20 3769 9897. They will be able to assist you.

To delete your Trading 212 account, go to https://www.trading212.com/ and then follow the instructions that are provided on the Trading 212 website. If you have any questions or concerns about deleting your Trading 212 account.

Your Trading 212 Account Can Be Closed Via Post

You can send a letter to the Trading 212 head office in UK to request that your live Trading 212 account be closed. closing your Trading 212 account via post will take allot longer and you will want to know if Trading 212 recieved your Trading 212 account closing letter.

How Much Time Will It Take Before My Trading 212 Account Is Deleted?

Trading 212 requires three to ten business days to close your account, and their may be some associated fees when closing your Trading 212 acccount. Trading 212 accounts with available funded balance may take longer if you do not provide Trading 212 with a withdrawal method and verify your ID.

Is it possible to reactivate my Trading 212 account after it has been closed?

When an Trading 212 account is closed, it cannot be reopened under any circumstances; however, a new Trading 212 account can be created at any time by using a different username and email address. Your Trading 212 trading history and data will be wiped clean from any previous Trading 212 transactions that you have closed, as well as any active Trading 212 accounts you have had in the past.

Are Multiple Trading 212 Accounts Possible?

You are free to create as many Trading 212 accounts as you like. You will need to register with Trading 212 with the same name and documents as you did when you created your previous Trading 212 account in order to do this. You will, however, be required to create a new Trading 212 login name and email address for your new Trading 212 accounts.

What Are Some of the Reasons That People Want to Cancel Their Trading 212 Account?

The majority of newcomers struggle with fundamental issues such as risk management, which frequently results in significant financial losses with brokers like Trading 212. People typically decide to close their trading account on Trading 212 because they no longer wish to participate in the Trading 212 platform's trading activities. Its possible you have trading accounts else where and you wish to close up Trading 212 or you are looking for an Trading 212 alternative.

Inactivity Fees for Your Trading 212 Account

It's possible that you have an Trading 212 account in which you haven't executed a live buy or sell order in a few months. If this is the case, your Trading 212 account may be marked and dormat and eventually locked.

Because Trading 212 does charge inactivity fees for Trading 212 dormant accounts, you should make sure to close any Trading 212 accounts you have with Trading 212 that you no longer intend to use.

Withdraw the remainder of your Trading 212 balance

You can take money out of your Trading 212 account whenever you like by using the Trading 212 trading platform or going to the website https://www.trading212.com/.

In order to accomplish this, you will need to take any remaining money out of your Trading 212 broker account, which is a process that is also known as final Trading 212 balance withdrawal.

There is a wide variety of withdrawal methods offered by brokers like Trading 212, as well as differences in the amount and speed of withdrawal speeds depending on your chosen Trading 212 withdrawal method.

You are permitted to withdraw funds from your Trading 212 account up to the value of the available funds in your Trading 212 account at any given time. Because you are not required to keep any money in your Trading 212 account, you are free to withdraw the entirety of your Trading 212 balance whenever you see fit. Remember that any Trading 212 funds that you withdraw will be put back into the same account that they came from when you made the Trading 212 deposit. This is the most important thing to keep in mind.

It is possible that you will be required to provide an alternative method in order to withdraw money from Trading 212 if your details have changed since the time that you initially deposited the Trading 212 funds.

When you withdraw money from Trading 212, the process is not instant; rather, it typically takes at least several business days for the money to reach you. Trading 212 withdrawal times differ depending on the selected payment method in your Trading 212 dashboard.

If all of the information associated with your Trading 212 account is accurate, the processing of your request to withdraw funds from your Trading 212 account may take up to one to ten business days. The amount of time it is estimated to take to receive payment from Trading 212 after a withdrawal has been processed varies entirely according to your chosen method of payment and is dependent on the 3rd party payment service provider supported by Trading 212.

Trading 212 Account Deactivation Delays

Because there is a possibility of delays when withdrawing large sums of money from an Trading 212 account, we recommend getting in touch with your financial institution in advance. Additional Trading 212 waiting time may be incurred due to the placing of a security hold on large Trading 212 withdrawals. Please check with your financial institution before initiating a Trading 212 withdrawal because the processing times associated with each Trading 212 withdrawal method are unique.

While your Trading 212 account is 'Under Review', you will still be able to withdraw funds from it; however, you will need to have funds that are eligible for Trading 212 withdrawal in order to complete the withdrawal process. Once your Trading 212 withdrawal request has been processed by Trading 212 and the withdrawal process has been finished, you will be notified via email that the request has been fulfilled.

It is important that you understand that you can only withdraw Trading 212 money into accounts that are under your own name.

Withdrawal Fees Charged by Trading 212

Because 3rd party fees for Trading 212 international bank transfers and wire transfers can be quite high, you should make it a habit to double check whether or not this is something that will be applicable to the Trading 212 closing transactions you conduct.

At Trading 212, the withdrawal of funds for basic transactions is free of charge. You will be subject to an additional fee by your 3rd part Trading 212 withdrawal method for currency conversion if you choose to withdraw funds in a currency other than US dollars (USD). The prices of the Trading 212 withdrawal services may shift at any time in response to shifts in the market conditions.

The majority of withdrawal requests made to Trading 212 are processed free of charge through common withdrawal methods like Credit cards, MasterCard, VISA, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Dotpay, Carte Bleue, Direct eBanking, Apple Pay, Google Pay, iDeal, Giropay.

How to Uninstall the Trading 212 App on Your iOS or Android Device

On your iOS or Android device when the app list window displays, touch and hold the Trading 212 app icon until it appears, and then pick the option to Remove App from the menu. After opening the app drawer, which is where all of your apps including Trading 212 are kept, you may move them to the Uninstall area (on Android) on the left side of the screen by dragging and dropping them there. From that screen, select the Delete Trading 212 App option to confirm that you wish to remove the Trading 212 application from your phone. Tap the minus sign or the X to delete Trading 212 applications, which is the quickest and easiest method to remove Trading 212 applications from your device.

Trading 212 should be removed from your computer if no longer needed

If you have downloaded Trading 212 to your PC or Mac computer you can uninstall any Trading 212 software and remove Trading 212 from your web browser.

What You Need To Do To Cancel A Request To Close Your Trading 212 Account

You can get in touch with Trading 212 customer support via e-mail, the phone, or live chat if available if you don't feel like closing your Trading 212 account. As long as your Trading 212 close account status is 'Under Review' or 'In Progress', you may cancel your Trading 212 account closure request by contacting Trading 212 customer support.

How Does The Trading 212 Account Compare Against Other Brokers?

  • Trading 212 Broker Account

    Visit Trading 212

    🀴 Trading 212 is Used By: 15,000,000
    ⚑ Trading 212 is Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)

    πŸ’΅ What You Can Trade with Trading 212: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
    πŸ’΅ Instruments Available with Trading 212: 10000

    πŸ“ˆ Trading 212 Inactivity Fees: No
    πŸ’° Trading 212 Withdrawal Fees: No
    πŸ’° Trading 212 Payment Methods: Credit cards, MasterCard, VISA, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Dotpay, Carte Bleue, Direct eBanking, Apple Pay, Google Pay, iDeal, Giropay,
    πŸ’° Trading 212 Account Base Currencies: USD, GBP, EUR, CHF

    Trading 212 Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • IC Markets Broker Account

    Visit IC Markets

    🀴 IC Markets is Used By: 180,000
    ⚑ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

    πŸ’΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
    πŸ’΅ Instruments Available with IC Markets: 232

    πŸ“ˆ IC Markets Inactivity Fees: No
    πŸ’° IC Markets Withdrawal Fees: No
    πŸ’° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
    πŸ’° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

  • Roboforex Broker Account

    Visit Roboforex

    🀴 Roboforex is Used By: 10,000
    ⚑ Roboforex is Regulated by: Financial Services Commission (FSC) License 000138/437

    πŸ’΅ What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with Roboforex: 100

    πŸ“ˆ Roboforex Inactivity Fees: No
    πŸ’° Roboforex Withdrawal Fees: Yes
    πŸ’° Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
    πŸ’° Roboforex Account Base Currencies: USD, EUR, XAU

    Roboforex Risk warning : Losses can exceed deposits

  • AvaTrade Broker Account

    Visit AvaTrade

    🀴 AvaTrade is Used By: 200,000
    ⚑ AvaTrade is Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

    πŸ’΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    πŸ’΅ Instruments Available with AvaTrade: 1000

    πŸ“ˆ AvaTrade Inactivity Fees: No
    πŸ’° AvaTrade Withdrawal Fees: No
    πŸ’° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
    πŸ’° AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD

    AvaTrade Risk warning : 71% of retail CFD accounts lose money

  • FP Markets Broker Account

    Visit FP Markets

    🀴 FP Markets is Used By: 10,000
    ⚑ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)

    πŸ’΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with FP Markets: 100

    πŸ“ˆ FP Markets Inactivity Fees: No
    πŸ’° FP Markets Withdrawal Fees: No
    πŸ’° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
    πŸ’° FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    FP Markets Risk warning : Losses can exceed deposits

  • NordFX Broker Account

    Visit NordFX

    🀴 NordFX is Used By: 10,000
    ⚑ NordFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

    πŸ’΅ What You Can Trade with NordFX: Forex, Majors, Metals,
    πŸ’΅ Instruments Available with NordFX: 50

    πŸ“ˆ NordFX Inactivity Fees: No
    πŸ’° NordFX Withdrawal Fees: No
    πŸ’° NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
    πŸ’° NordFX Account Base Currencies: USD, EUR

    NordFX Risk warning : Losses can exceed deposits

  • XTB Broker Account

    Visit XTB

    🀴 XTB is Used By: 250,000
    ⚑ XTB is Regulated by: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

    πŸ’΅ What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with XTB: 4000

    πŸ“ˆ XTB Inactivity Fees: Yes
    πŸ’° XTB Withdrawal Fees: No
    πŸ’° XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
    πŸ’° XTB Account Base Currencies: USD, GBP, EUR

    XTB Risk warning : 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Pepperstone Broker Account

    Visit Pepperstone

    🀴 Pepperstone is Used By: 89,000
    ⚑ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

    πŸ’΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    πŸ’΅ Instruments Available with Pepperstone: 100

    πŸ“ˆ Pepperstone Inactivity Fees: Yes
    πŸ’° Pepperstone Withdrawal Fees: No
    πŸ’° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
    πŸ’° Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD

    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • XM Broker Account

    Visit XM

    🀴 XM is Used By: 10,000,000
    ⚑ XM is Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

    πŸ’΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
    πŸ’΅ Instruments Available with XM: 1000

    πŸ“ˆ XM Inactivity Fees: Yes
    πŸ’° XM Withdrawal Fees: No
    πŸ’° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
    πŸ’° XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • eToro Broker Account

    Visit eToro

    🀴 eToro is Used By: 20,000,000
    ⚑ eToro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
    πŸ’° eToro Withdrawal Fees: Yes
    πŸ’° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
    πŸ’° eToro Account Base Currencies: USD

    eToro Risk warning : 76% of retail investor accounts lose money when trading CFDs with this provider.

  • FXPrimus Broker Account

    Visit FXPrimus

    🀴 FXPrimus is Used By: 10,000
    ⚑ FXPrimus is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)

    πŸ’΅ What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
    πŸ’΅ Instruments Available with FXPrimus: 130

    πŸ“ˆ FXPrimus Inactivity Fees: No
    πŸ’° FXPrimus Withdrawal Fees: Varies
    πŸ’° FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
    πŸ’° FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN

    FXPrimus Risk warning : Losses can exceed deposits

  • easyMarkets Broker Account

    Visit easyMarkets

    🀴 easyMarkets is Used By: 142,500
    ⚑ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

    πŸ’΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
    πŸ’΅ Instruments Available with easyMarkets: 200

    πŸ“ˆ easyMarkets Inactivity Fees: No
    πŸ’° easyMarkets Withdrawal Fees: No
    πŸ’° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    πŸ’° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk


Broker Reviews

If Trading 212 isn’t quite what you are looking for you can check out some of the best Trading 212 alternatives below.

Trading 212 Account Alternatives Guides

If you would like to see Trading 212 compared against some of the best Trading 212 Account alternatives available right now you can do so by clicking on the links below.