Trading 212 adds WeCollect payment option in mobile app

Trading 212 adds WeCollect payment option in mobile app

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Trading 212, a European forex broker regulated by UK’s FCA, CySEC and Bulgaria’s FSC, said it has updated its mobile application Trading 212 Forex and Stocks application for Android and iOS to expand payment options for Chinese clients.

Specifically, the app now includes the WeCollect payment option for Chinese clients. WeCollect is a China payments provider specializing in B2B payments. It provides access to all major China payment methods including China UnionPay and over local 200 banks, as well as inbound / outbound cross-border remittances and prepaid cards.

Other payment methods provided by Trading 212 include bank transfers, debit and credit cards and the Skrill online payment systems.

Trading 212’s mobile app has recently surpassed the 5 million downloads mark and is among the most popular proprietary forex trading platforms in Google Play Store. The app offers access to over 750 financial instruments, advanced charting tools, financial news and analyses, tight spreads and a free demo account for practicing purposes.

Bulgaria-based Avus Capital operates under the brand Trader.BG in Bulgaria and Trading 212 everywhere else. It operates in more than 65 countries, including Germany, Russia, and China. The brokerage has units authorized and regulated by the UK’s Financial Conduct Authority (FCA) and Bulgaria’s Financial Supervision Commission (FSC), and since earlier this year by the Cyprus Securities and Exchange Commission (CySEC).

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