In this article, you'll discover whether Trading 212 operates in Australia, explore some potential drawbacks if it is available, and consider the possibilities it offers to Australian investors.
Does Trading 212 Work In Australia?

Yes, Trading 212 operates in Australia. The platform is available under the entity Trading 212 AU PTY LTD, which is registered and regulated by the Australian Securities and Investments Commission (AFSL 541122, ABN 46 660 342 763).
Trading 212 offers a range of functionalities to Australian users, including commission-free investing, instant stock purchases, and automated investing with "Pies." Additionally, users can trade 24/5 with fractional shares and invest in multiple global currencies. The platform also supports portfolio transfers from other brokers and provides a mobile app for convenient access.
Fees and Charges for Using Trading 212 in Australia
Here are some general costs that users might encounter when using Trading 212 in Australia:
- Transaction fees: Trading 212 offers commission-free trading, but there may be other transaction-related costs depending on the type of trade and market conditions.
- Currency conversion fees: When trading in foreign markets, users might incur currency conversion fees if their account currency differs from the currency of the traded asset.
- Withdrawal fees: While Trading 212 generally does not charge for withdrawals, certain payment methods or withdrawal amounts might attract fees.
- Inactivity fees: Some trading platforms charge fees if an account remains inactive for a certain period. It's advisable to check if Trading 212 imposes such fees.
- Spread costs: The difference between the buy and sell price of an asset, known as the spread, can be a cost to consider, especially in volatile markets.
Is Trading 212 the Best Option in Australia?
Even though Trading 212 is available in Australia, it might not be the best option for users due to certain limitations and restrictions.
- Limited customer support: Australian users may experience delays in receiving assistance.
- Currency conversion fees: Costs can add up when trading in foreign markets.
- Inactivity fees: Potential charges if the account remains unused for a period.
- Spread costs: The difference between buy and sell prices can be significant.
- Feature availability: Some advanced features may not be accessible to Australian users.
Alternatives to Trading 212 in Australia
1) OneSafe

OneSafe is a leading alternative payment solution in Australia, offering a seamless blend of traditional and Web3 financial services. Key features include simple onboarding, global payments, and multi-currency support. With lower fees and superior customer support, OneSafe stands out as a superior option for businesses.
OneSafe Reviews
OneSafe has received positive feedback for its comprehensive services, including ACH, Crypto, Wire deposits, and Virtual cards. Users appreciate the platform's support for most businesses, making it a preferred choice for many. The company is recognized for its seamless blend of traditional and Web3 financial services, contributing to its growing reputation in the industry.
2) Wise

Wise offers a multi-currency account, international money transfers, and a debit card, making it a versatile payment solution in Australia. Key benefits include lower fees, competitive exchange rates, and the ability to manage money in over 40 currencies. Its strong security measures and regulatory compliance ensure safe transactions.
Wise Reviews
Wise has an overall rating of 4.7 out of 5 based on 86 reviews. Users have reported issues with money transfers being returned without notification and challenges with document approval.
Check out more Wise reviews here.
3) Paypal

PayPal is a reliable alternative payment solution in Australia, offering secure payments, global money transfers, and support for online shops. Key features include linking multiple cards, 24/7 fraud monitoring, and Buyer Protection on eligible purchases. Its flexibility and security make it a strong option for both individuals and businesses.
Paypal Reviews
PayPal has an overall rating of 4.4 out of 5 stars. Users have reported high transaction fees and a lengthy dispute resolution process.
Check out more PayPal reviews here.
Frequently Asked Questions about Trading 212 in Australia
Is Trading 212 regulated in Australia?
Yes, Trading 212 is regulated by the Australian Securities and Investments Commission (ASIC).
Are there any fees for withdrawing funds from Trading 212?
Generally, Trading 212 does not charge for withdrawals, but some methods may incur fees.
Can I trade fractional shares on Trading 212 in Australia?
Yes, Trading 212 allows Australian users to trade fractional shares of stocks.
Does Trading 212 offer a mobile app for Australian users?
Yes, Trading 212 provides a mobile app for convenient trading and account management.
What types of accounts are available on Trading 212?
Trading 212 offers Invest, ISA, and CFD accounts to cater to different investment needs.
Begin Your Journey with OneSafe Today!
Choosing the right payment solution in Australia is crucial for seamless financial operations. OneSafe offers a blend of traditional and Web3 services, making it a standout option. Explore OneSafe for its comprehensive features and superior support. Sign up today to experience the benefits firsthand.