How to sell shares on trading 212 using a CFD (Contract for Difference) account. When you trade a CFD, you are betting on the price of an asset going up or down – but unlike traditional stock trading, your losses can never exceed the amount you have invested. You can also take a short position, which means selling a share you have borrowed from your broker in the hope that its price will fall.
A great thing about trading 212 is that you can trade in your currency of choice, which saves you money as other brokers will charge you for the conversion fee. You can choose between US Dollars, Pounds and Euros – which is perfect if you have existing investments in other currencies. You can deposit and withdraw with your chosen currency too, which will further reduce your costs as it eliminates any fees from your bank.
Selling Shares Made Simple: How to Sell Shares on Trading 212
The website is incredibly intuitive and you can access it from any device. There are apps for iOS and Android as well as a web browser, which makes it super easy to use on the go.
You get a wealth of information for each trading instrument on the website, including company reports and financial ratios. You can also study price action across 10 different timeframes and select from a variety of chart types, including line, bar, area, Heikkinen-Ashi and candlesticks.
One downside is that you can’t access an economic calendar or a news feed on the website, which can be annoying. However, Trading 212 has a good help section and plenty of educational videos.