Trading 212

Who they are

Trading 212 was founded in Bulgaria in 2004, originally under the name Avus Capital. It is now headquartered in London and has grown into one of the UK's most-used investing platforms. In 2017 it launched commission-free share dealing in the UK - a move that shook up the market and drew in a wave of first-time investors. By May 2025 the company reported more than £25 billion in client assets under administration and approximately 4.5 million lifetime funded accounts globally. In February 2026, Trading 212 received FCA authorisation to offer self-invested personal pensions (SIPPs). The key thing to understand as a saver: Trading 212 is an investment platform, not a bank. That shapes how your money is protected and which products you can open.

Savings accounts

Trading 212 offers two ISA products. The Cash ISA pays a variable rate of 4.60% AER on instant-access balances from as little as £1. The rate includes a bonus that applies for the first 12 months on current tax year contributions only - so if you transfer in money from previous years, that older cash earns the standard underlying rate, not the boosted figure. It is a flexible ISA, meaning you can withdraw and replace money within the same tax year without eating into your annual allowance.

On the protection side, your Cash ISA cash is not held directly by Trading 212 - it is placed with partner banks and covered under each of those banks' FSCS licences, up to £120,000 per bank. That is a perfectly solid arrangement, but it is worth knowing the structure is different to opening a savings account directly with a bank.

The Stocks and Shares ISA is a commission-free DIY investment account where you pick your own shares, ETFs or ready-made "pies". If the platform were to fail, your investments are covered by the FSCS investment limit of £85,000. Any uninvested cash sitting in the account gets the £120,000 deposit limit. Market losses are not covered by anyone.

One practical note: it is easy to open the wrong account on the app by accident. Make sure you select the Cash ISA specifically if that is what you want.

Is it right for you?

Trading 212 suits savers who are comfortable with an app-based, digital-first experience and want a competitive easy-access Cash ISA rate without a large minimum balance. The flexible ISA wrapper and £1 minimum are genuinely useful features. If you also want to invest - whether through the Stocks and Shares ISA, a standard Invest account or, now, a SIPP - having everything in one place is a real convenience.

It is less suited to savers who want a traditional bank relationship, prefer branch access, or need a full current account with direct debits and an overdraft. Trading 212 is an investing platform at heart, and while the savings products are well-constructed, that is worth keeping in mind.

The live rate shown on this page is your most reliable guide to what the Cash ISA is currently paying - rates like these move regularly, so do check before you apply.