Trading 212 SIPP: What the New Pension Offers

Updated 7 August 2026

The Trading 212 SIPP brings the platform’s low-cost approach to retirement saving, after years of requests from users. Trading 212 announced its SIPP in March 2026 before officially launching it in May 2026. It is now available to all eligible UK customers. Before opening one, there are two important things to understand: how it works and what it costs.

A pension is a long-term commitment with rules of its own, so this guide covers how the Trading 212 SIPP works, what you can hold in it, and what is and isn’t available yet, including the features still to come.

 

 

Key Takeaways

• It is new: Trading 212 launched its SIPP in 2026 after receiving regulatory approval.
• Very low cost: there is no platform fee, no dealing charge, and no trustee fee, just the 0.15% currency fee on non-GBP investments.
• Self-managed: a SIPP lets you choose and manage your own investments from a wide range of shares and ETFs.
• Tax relief on contributions: the government adds tax relief to what you pay into a pension, boosting your savings.

 

Has Trading 212 Launched a SIPP?

Yes. After years of requests from users, Trading 212 received regulatory approval in 2026 and launched its SIPP. It is now available to eligible UK customers.

A SIPP, a self-invested personal pension, is a type of pension where you choose and manage your own investments, rather than leaving that to a provider or a default fund.

The appeal of Trading 212 bringing one to market is that it applies the same low-cost, app-based approach it uses elsewhere to retirement saving, an area that has historically often carried higher fees.

If you want to see how the SIPP sits alongside the Invest account and the Stocks and Shares ISA, our guide on how to use Trading 212 lays the account types out together.

 

What Does the Trading 212 SIPP Cost?

This is where it stands out. The Trading 212 SIPP has no platform fee, no dealing charge, and no trustee fee, the kinds of costs that, on a traditional pension, erode a pot over decades.

The only real cost is the same 0.15% currency fee that applies when you buy investments priced in another currency, such as a US stock; on a £1,000 purchase, that is £1.50, exactly as in the other accounts.

The consequence over a long horizon is meaningful. Because you may hold a pension for years or decades, even a small annual percentage fee compounds into a large amount over time.

Removing platform and dealing fees leaves more of your money invested and compounding for you, rather than losing part of it to charges each year.

By way of comparison, a traditional pension might charge an annual percentage on the whole pot, plus fund and dealing costs.

On a pension held for thirty or forty years, the difference between paying a recurring platform fee and paying none can amount to a substantial share of the final pot, simply because the fee you do not pay stays invested and keeps compounding alongside the rest.

 

How a SIPP Works

With a SIPP, you pay money in, the government adds tax relief, and you invest the money yourself.

The money can then grow until retirement. One of the biggest benefits is tax relief.

When you contribute, the government automatically adds basic-rate relief, effectively topping up your contribution before you invest it. That top-up is the core reason pensions are tax-efficient for long-term saving. The government adds this money to your pot, and you would not receive it in an ordinary account.

In exchange, pension rules lock your money away until a minimum age, which is the trade-off for the tax advantages and one reason a SIPP suits long-term retirement saving. You can normally access your pension from age 55, rising to 57 from 2028. Because of that lock-up, think of a SIPP as money you are deliberately setting aside for later life.

You should keep it separate from savings and investments you might need access to sooner.

 

What You Can Invest In

The Trading 212 SIPP gives you access to a wide range of shares and ETFs, the same kind of choice you have elsewhere on the platform, so you can build a retirement portfolio that suits you rather than being limited to a handful of default funds.

You can buy fractional shares inside the SIPP, which makes it easier to build a diversified pension with regular contributions rather than needing the full price of each share.

One thing to note is that ADR fees apply here just as in other accounts. A foreign company listed in the US as an ADR carries the same small depositary charge inside the SIPP, so the account type does not change that.

As with the rest of the platform, you manage everything in the app, which keeps a retirement portfolio simple to set up and review over the long term.

 

What to Know Before Opening a Trading 212 SIPP

The Trading 212 SIPP is now available to eligible UK customers, but it’s still a relatively new pension product. While it offers an extremely competitive fee structure, it’s worth checking that it includes the features you need before opening or transferring a pension.

For example, some retirement income and withdrawal options may differ from those offered by longer-established pension providers. If you expect to rely on specific pension features in retirement, make sure they’re currently supported.

You can also earn interest on uninvested cash while deciding how to invest, giving your pension money the opportunity to earn a return before it’s invested.

Finally, remember that transferring a pension isn’t a decision to make based on fees alone. Some existing pensions include valuable guarantees or benefits that could be lost if you transfer, so it’s worth reviewing what you’d be giving up and considering professional financial advice if you’re unsure.

 

Should You Consider It?

If you want a low-cost, self-managed pension and are comfortable with a digital-only service, the Trading 212 SIPP is worth a look, particularly given the absence of platform, dealing and trustee fees.

Pensions are a long-term and important decision, though, and moving an existing pension can have consequences.

Some older pensions carry valuable guarantees or benefits that you would give up by transferring.

So a pension transfer is not something to do lightly, and it can be worth taking advice before acting.

The sensible way to approach it is to weigh the low cost against the fact that it is still maturing as a product, and against your own retirement plans, rather than treating low fees alone as the whole decision.

 

Conclusion

The Trading 212 SIPP brings the platform’s low-cost, straightforward approach to pensions, with no platform fee, no dealing charge, and no trustee fee. The only additional cost is the familiar 0.15% currency conversion fee when investing in non-GBP assets.

Although it is now available to eligible UK customers, it remains a relatively new pension product, so it’s worth checking that it offers the features you need before transferring an existing pension.

For investors looking for a low-cost, self-managed retirement account, it provides a compelling option.

 

FAQ

Does Trading 212 Offer a Pension?

Yes. Trading 212 launched its SIPP in 2026, and it is now available to eligible UK customers.

How Much Does the Trading 212 SIPP Cost?

There is no platform fee, no dealing charge, and no trustee fee. The main cost is the 0.15% currency fee on non-GBP investments.

Can I Transfer My Pension to Trading 212?

Pension transfers may be possible, but they are a significant decision and some features are still rolling out. Consider speaking to a financial adviser before transferring.

When Can I Take Money From a SIPP?

Pensions can normally be accessed from age 55, rising to 57 from 2028. Some withdrawal options on the Trading 212 SIPP are still being added.