Before you place any order in your Invest, Stocks ISA, SIPP, or CFD account, you can see a full
breakdown of the estimated costs directly in the app. The information sits inside the order flow, right at the point you are reviewing the trade.
The Cost information screen shows what you would potentially pay to open the position, hold it, and close it - plus any FX and third-party costs - all in one place. The aim of this section is not to be specific about the costs, as they are just estimates, but rather to give you an idea of the potential costs associated with the instrument you have selected. The sections below explain what is shown, how the numbers are calculated, and where the option appears in different order types.
๐ Note
This is an estimate, not a final figure. It reflects the details you have entered and the price at the moment you view the screen - your actual costs at execution may differ.
Where do I find the cost information?
You will see the Cost information option on the screen right before you finalise your order. The exact screen depends on the order type and the account you are using.
What is included in the breakdown?
Every cost associated with the trade is grouped into separate sections, plus a total:
- Entry costs - one-off costs to open the position, such as FX conversion, the CFD spread, and any regulatory charges (for example, UK stamp duty on UK-listed shares).
- Ongoing costs - costs charged while you hold the position, such as overnight interest on a CFD. Trading 212 doesn't charge a custody or platform fee, so those lines always show as zero.
- Exit costs - one-off costs to close the position, including any regulatory fees on the sale (SEC and FINRA fees on US shares, for example) and the FX conversion at the close, where applicable.
Underneath, you will see the Total impact - the estimated cost of this trade as a percentage of your order value.
๐ Note
Some costs, like UK Stamp Duty and ADRs, are applied by third parties (issuers, platforms, etc.).
How are ongoing costs calculated?
Ongoing costs are shown for a typical holding period, so you can compare across products:
- Equity, Stocks ISA, SIPP: 3-year holding period.
- CFD: 3-day holding period.
These periods are indicative. The actual costs you pay depend on how long you hold the position - if you close a CFD the same day, you won't pay overnight interest; if you hold equity for less than three years, the ongoing costs will be lower than the amount shown.
๐ Note
The estimate also assumes the quantity you have entered and the price at the moment you
view the screen. If either changes before your order executes, your actual costs will differ.
Are the amounts I see exact?
No number on this screen is a guarantee. The estimate is built on three assumptions:
- The price
- The quantity you have entered
- The typical holding period (3 years for Equity, Stocks ISA and SIPP; 3 days for CFD).
If any of those changes - you trade a different quantity, the price moves before execution, or you hold the position longer or shorter than the typical holding period - your actual costs will differ. Your final, confirmed costs are only known once you have closed the position.
Some individual lines are fixed (a set regulatory fee, for example), and others are estimates based on the price at the moment you view the screen - the estimated amounts are marked with a โ~โ symbol.
What are third-party inducements?
Some brokers receive payments or rebates from third parties - fund managers, market makers, or other providers - in exchange for directing customer order flow their way. You don't pay these directly, but they can influence your overall returns. Trading 212 does not accept any of these payments, so the third-party inducements line always shows zero.
Where do I see the costs for an AutoInvest or a Pie order?
The same cost breakdown appears when you set up or fund an AutoInvest, and when you fund or rebalance a Pie. For Pies, the screen shows the total cost across all instruments in the pie, and you can expand the list to see the cost per instrument.
๐ Note
Pre-trade cost information appears on all equity orders (Invest, Stocks ISA, SIPP) and CFD orders for Trading 212 UK, Trading 212 EU GmbH and Trading 212 Markets Ltd. It doesn't currently appear on Crypto trades.