What happens to my investments when I close my Trading 212 account?

You must sell all investments or transfer them out before closing. Trading 212 supports in-specie transfers to other brokers — contact support to initiate a transfer if you don't want to sell.

Are there any fees for closing a Trading 212 account?

Trading 212 is commission-free and doesn't charge an account closure fee. Currency conversion fees may apply when withdrawing in a currency different from your account's base currency.

How long does it take to close a Trading 212 account?

Account closure is typically processed within 1–5 business days after all positions are closed and funds withdrawn. Withdrawal processing times depend on your bank.

How to Cancel Trading 212 (2026)

Trading 212 plans start from $0.00/month. Follow our 5-step guide to cancel your subscription in about 10 minutes — with tips to avoid retention offers.

Updated: April 2026

Easy

Visit Website

Estimated Time:10 minutes

Cancel Method:App

Open the Trading 212 App or Website

Sell All Positions or Transfer Investments

Go to your portfolio and sell all shares, ETFs, or pies. Alternatively, you can initiate an in-specie transfer to another broker.

Withdraw Your Funds

Once your portfolio is clear, go to 'Withdraw' and transfer your cash balance to your linked bank account.

Go to Account Settings

Tap your profile icon → 'Settings' → 'Account'.

Request Account Closure

Select 'Close Account' and follow the on-screen steps. You'll receive a confirmation email once the closure is processed.

Retention Tips

Before closing your Trading 212 account, remember that it's completely free — no monthly fees, no commissions on stocks and ETFs. If you're not actively investing right now, you can simply leave the account open with no ongoing cost. Trading 212 also offers an interest-earning cash account (up to 5.2% AER) on uninvested funds. Would you like to keep the account open and explore those features instead?

Cheaper Alternatives

Robinhood

Avanza

Fintual

GBM+

BCS World of Investments

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