Why trading 212 is bad Trading 212 is also registered in the UK, where the FCA is regarded as a top tier regulator. I Aug 27, 2024 · Invest. So the topic is how bad/good is your portfolio and what is your strategy? Am on negative 16% and i have been drip feeding tiny amounts almost on daily basis. as my account on 212 is more of a benchmark, but my wife’s account is a more active one. No real issues to date, but I read yesterday that they've decided to give new customers a bonus rate boost for 12 months. Just using 212 daily is much better then HL. Learn the benefits and drawbacks of using Trading 212 from a financial marketing expert. 0 Apr 21, 2023 · Hi I’m feeling rather overwelmed by what are to me a very new ideas and I wonder if anyone could please explain how Trading 212 and ‘investing’ compares to Forex trading? I have stumbled across Trading 212 while trying to learn about Betfair Trading and Bollinger Bands. Terms apply. Also in my country trading 212 is only broker that allows me to fund my account through card directly. " Jul 10, 2024 · Trading 212 is a fintech company. Thanks. The rationale is that i don’t where or when the market will bottom. I received an email form them offering daily interest on shares and was wondering if anyone here has any experience with that, good or bad. No Result . Notably, unlike some competitors, Trading 212 makes securities lending optional, which we appreciate. Account types Trading 212 offers three account types, which differ based on the assets you can trade and the countries where they're available: Welcome to FXGears. I have been comparing flaw after flaw on 212 versus the other ones. Today, I review Trading 212 in-depth, including its fees, features, and security. To be honest I never necessarily got it as well, I personally use trading 212 which in a lot of ways is similar to Plus500 but they are both very hated by a lot of people. It feels a bit daunting to a first-time investor. 74, when in actual fact its trading at $39. Half a year ago T212 was much better. but we are all wrong and you are right. For example i just tried to buy some Allianz Technology Trust and the quote on HL was a full 0. I stopped using my account then, I would hate to think what shenanigans they would get up to in the next market cycle crash for example. : You are under the Cyprus May 18, 2020 · Seriously need to sort your platform out, today took 10min to execute an order and I lost £500 on the profit! Been trading for years and never had this issue with other brokers. 5% fee when trading in other currencies just like the other accounts and also something called a spread fee which is the difference between the buy and sell (bid or ask) between the currency pairs. 8. This is a $10 stock, how can we trade with a 10% spread? Does this have anything to do with the inability to buy positions and hedge open Jul 10, 2024 · Trading 212 is a fintech company. Oct 20, 2020 · I thought it’s Trading212 instead of Trading101, a clever way of saying advanced Trading as opposed to beginner. 80% of retail investor accounts lose money when trading CFDs with this provider. Sep 29, 2022 · With all the doom and gloom, i thought we could maybe have some fun and bounce of ideas from each other. People mainly hate it because you can’t transfer your portfolio. I think it’s great but there’s a few things I don’t quite understand and I’m hoping for some advice. It's set at 0. So now sitting at a loss on that. I was country limited as well in finding a good broker but I think I would lean towards Trading 212 even if I had access to all options. Trading 212 Review: A Bit of Backstory Also someone mentioned they put their stock same place as IBKR, trading 212 is safe. My account is in Euro but this is a GBP stock. The spreads on Doge, have been known to have a 15-20% spread mark-up on not only Webull, which is the worst culprit, but on other trading platforms I much prefer 212 over HL. Not by a significant amount if you are placing small trades though (hundreds of pounds). No matter where you are in the world right now, you're about to face the announcement of a recession, and the US stock market especially is going to be hit hard by 80% of retail investor accounts lose money when trading CFDs with this provider. 6p and it just sits there unfilled with the price listed as 37. Sep 11, 2023 · It’s no coincidence that one of the popular search phrases is “why Trading 212 is bad. Revolut has Trading for Metal users and soon Standard (the free account) users will have 3 free trades/month (seems good for long term investing). This is great for customers who want to start trading or investing smaller amounts only. That is the answer to the question you may have asked if you’ve stumbled onto this page because you are looking for reasons not to trade with Trading 212. Although it's better suited to more experienced traders as it has a variety of options and can get a bit confusing at first. Some users might also require a UK DSS number. Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. Bfg5013 Posts: 2 Newbie. For Tesla stock split split 212 was instant, literally I think the next day. The reason was because both she and I had opened T212 accounts using my mobile phone. From retail to institutional. 2% interest on uninvested cash in their investing accounts too – but this comes with a catch that we’ll address shortly. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. By taking an objective look at the bigger picture, we can identify the main benefits and drawbacks of Trading 212. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Good community forum offering Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. In fact, Trading 212 offers 5. Overall, Trading 212 is a good all-rounder, offering zero-commission trading, a wide range of different assets and the option to hold an ISA account. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 So experienced traders know that trading crypto on Webull is a bad idea . However, before you choose to invest, you need to be very aware of a few things right now. In Dec 13, 2024 · Is Trading 212 Safe? Trading 212 is considered to be safe and is overseen by the UK FCA with license 609146. e calculus in math majors, or EM field/wave Theory in electronics. High market demand among the European Economic Area and a great deal of active […] Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. View All Result Why Trading 212 is Bad or Good? by. Finding the best suitable option can be a hassle, considering the broadness of choice the investors are presented with. , Trading 212 Markets Ltd. Economy; Editor’s Pick; Why Trading 212 is Bad or Good? by. Volume is normal so this can’t be it. 24 October 2024 at 10:29AM in ISAs & tax-free savings. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 I was on both then I decided to stay on T212. 21 October 2024 at 9:46AM in Savings & investments. Jul 10, 2024 · Why Trading 212 is Bad or Good? by KeepResignationSafe. Allowing selling and blocking buying of certain shares for their own benefit during volatility. Let’s examine the pros and cons and determine why Trading 212 is bad or good for newcomer investors. But seriously, Trading 212 is a profitable company that has no debt. Dec 23, 2024 · I have an account with Trading 212 and hold shares in an ISA. Companies register in Cyprus because of the tax benefits since corporate tax is low, at 12. May 2, 2024 · Trading 212 is Tier 2 broker offering a diverse selection of products with highly competitive fees. to draw in funding and grow their business, for which their borrowing cost will be 5. Trading Commission: Free. Trading 212 offers customer support through email, live chat, and an extensive FAQ section. Plus, HL has fees whereas 212 doesn’t have any So after 10 months of use, I’d deffo recommend 212 over HL. This was my thought as well. 2% at the time of this review, which is the highest on the market. You have to accept that there is a slightly higher risk of them going bust than a larger broker. I trust Trading 212 with my lifesavings, similarly to many people here. Why Trading 212 is Bad or Good? by admin. And I will probably publish the comparison soon. . You've received an answer to your question, but now you're arguing with the answer. In terms of investments – there’s a huge range of investment options, from over 13 stock exchanges around the world. T212 has more details on the stock. There's no commission per trade. Dec 29, 2023 · Trading 212 has warnings regarding CFDs stating that 78% of investors lose money trading CFDs so please be wary of this account type. 0 4 days ago · Trading 212. All opinion welcomed 😉 Jul 10, 2024 · Trading 212 is a fintech company. We thoroughly tested the services of Trading 212. In Jul 10, 2024 · Trading 212 is a fintech company. Also they have an active app community and people are constantly talking about stocks on there. 1. Trading 212 Review: A Bit of Backstory Aug 12, 2024 · *Trading 212. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. 5%. Trading 212 is a trading name of Trading 212 UK Ltd. Now a bit concerned with some of Nov 24, 2020 · Why are spreads on CFDs so abnormally large today? One instrument (INO) in particular has had a 60c - $1 spread throughout the session when normally it would be 18-25c (still high) and I know many others are similar. ” is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC). Trading 212 Review: A Bit of Backstory May 20, 2024 · Trading 212 is a European broker that offers commission-free trading on many stock exchanges. This also serves to make investing a lot less stressful too. This means that in the unlikely event of Trading 212 Markets Ltd. I reset the larger order at 38. By Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. Hi, just signed up to T212 with a Cash ISA. Why are the spreads when trying to buy some securites much higher than what i can buy using the bigger platforms like HL or Interactive Investor. 2% spread and since you seem to work in the market (access to Eikon) wondering why you landed on 212? Nov 23, 2024 · T212 Why are they top of the cash ISA leaderboard? Zero cost trading; so how do they make their money? possible Answer to q. Dec 18, 2024 · The required Trading 212 minimum deposit is $1. I've had a Trading 212 ISA for number… I've had a Trading 212 ISA for number of months now. The support is available in multiple languages, ensuring accessibility for a broad user base. In the past few years it's become a common way to transfer money. Nov 16, 2020 · There’s something seriously wrong with Trading 212 platform. 6p. Interactive Brokers provides 24-hour customer service via phone each business day, along with support through email and live chat. com/review/trading212/ Trading 212 have at times engaged in decidedly ‘dodgy’ market practices right alongside Robinhood. This year they should introduce ETFs and EU+UK stocks. They share their experiences, opinions and concerns about Trading212's terms, security and customer service. Here's a brief summary: Stamp Duty Reserve 80% of retail investor accounts lose money when trading CFDs with this provider. Oh my bad, I should have been there screenshotting the while process. com, a trading forum run by professional traders. Oct 21, 2024 · Trading 212. Not only that, but with Pies&AutoInvest you can fully 80% of retail investor accounts lose money when trading CFDs with this provider. There is 0. When I decided to update my home address by uploading an invoice from a Belgian utility company I was told that Trading212 does not operate in Belgium and therefore my account will be more or less disabled, meaning I won’t be able from now on to add to my current positions. Many of you have asked my opinion about this broker. Interactive Brokers. Firstly when i ‘switch to real money’ there’s 3 different options. Things that were bad before but slightly better now was that Freetrade was slower. The video from Trading 212 were one of the easiest to understand. 60 and dipped down to 2. So, let’s spill the tea on why some folks might raise an eyebrow when it comes to this trading app. " Nov 20, 2024 · The broader the types of investments you make, the better protected you are from one bad event. I therefore put in a very small market order to see what it went through at … 41. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 Hi mate, curious to why you are using 212 as I’m shopping for a stocks & shares ISA broker. Uninvested cash is covered up to £85,000 by FSCS. Opening an Account Trading 212 requires ID and address verification as well as your local tax code to sign up. The pros of Trading 212 is that it handles fractional shares and it's the cheapest option on the market. 17%, cheaper for them than commercial borrowing for a higher-risk business venture if that is what they would otherwise be assessed as by a commercial lender. Users share their opinions and experiences on using Trading212 for long term ISA investing in stocks and shares. 212 by convention is the 2nd year 2nd follow up on a class (101 → 102 → 201 → 202) Which is very rare, but exists for certain painful classes in certain majors. Past performance doesn't g Jan 3, 2025 · The subsidiary in Europe, formerly known as “Trading 212 Markets Ltd. 0 Jul 10, 2024 · Trading 212 is a fintech company. Jun 11, 2024 · How come the articles i stumble across say that trading 212 is much cheaper? I plan to invest around 5 to 10k (Somebody with a £300,000 portfolio of shares who makes 20 trades a year, spread across various months, would be charged £284 on Hargreaves Lansdown, £142 on AJ Bell as of April, £59. By Oct 24, 2024 · Trading 212. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 . By Nov 20, 2024 · With Trading 212, you'll also be able to convert and hold multiple currencies, so you can save even more cash from currency conversion fees – even though Trading 212 has the lowest exchange rate out there anyway (0. Luckily, you can choose from more than 13,000 trading instruments from the UK and the rest of the world to diversify your portfolio. It keeps showing the wrong prices which is leading to unnecessary losses by traders. High market demand among the European Economic Area and a great deal of active […] This means that in the unlikely event of Trading 212 Markets Ltd. It begun happening after the Monday Apr 11, 2023 · So this morning I wanted to buy a stock which the website was at 37. Trading 212 can be bad because it offers high-risk leverage products like CFDs alongside an app that is aimed at new and inexperienced investors. Dec 18, 2024 · Here are the key reasons I consider Trading 212 a safe option: Trading 212 is regulated by at least one top-tier regulator. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 Ibkr and degiro are both great, I trade with ibkr and my longs were all in degiro. This is a long term hold so short term FX fluctuations shouldn’t Mar 7, 2024 · Trading 212 📈Sponsored Link. As for government taxes & levies, these are not charged by Trading 212 but by the relevant exchanges and tax authorities. Jul 10, 2024 · Trading 212 is a fintech company. I placed a limit order above that to be careful about what price I got and it didn’t execute. , Trading 212 AU PTY LTD, and Trading 212 Ltd. This analysis will focus on the pitfalls, costs, ease of account setup, and security. However in trying to learn more about Betfair Trading Oct 7, 2024 · Trading 212 is a really accessible broker for Europeans. Nov 22, 2022 · Hi All I recall asking something similar a long time ago but never received a satisfactory answer. It'll take you over to your bank app or web browser, you login, it sets up the payment and then it's transferred. in Economy. Whereas HL took like a week to recognise the new shares. Getting the feeling the options look awful. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Also. Why Trading 212 is Bad or Good? by. I use 6 different platforms. This is really disappointing to read, as it shows Trading 212 doesn't value existing customer loyalty. I think I’ll keep 212 for the isa and try some other app/platforms for swing trades. 0 Oct 24, 2024 · This also works through in the total pie return, which shouldn’t be! The €214,- return Trading 212 shows now for the Visa return inside the Dominique Willem pie is the part of the overall return that can be attributed to my position size in this pie, however this is as explained above not correct! Hi everyone! I opened a Trading212 account to invest mainly in ETFs back in my home country and recently moved to Belgium. 212 advertise a free service but charge 0. The other annoying Why Trading 212 Is Bad: Investment Philosophies Aswath Damodaran,2012-06-22 The guide for investors who want a better understanding of investment strategies that have stood the test of time This thoroughly revised and updated edition of Investment Philosophies Oct 9, 2024 · Trading 212 is considered Average Risk, with an overall Trust Score of 79 out of 99. 0 May 8, 2020 · A couple of weeks ago an execute of a UK stock actually several minutes on 212. Users share their opinions and experiences on Trading 212, a European online broker that offers zero commissions and ETFs. It doesn't mean all companies registered there are crooks. Jun 19, 2024 · Tell us what you think of Trading 212 here: https://goodmoneyguide. Custody Fee: Free. 7 - 37. 15%). 88 with Freetrade and nothing with Trading 212) Jul 10, 2024 · Let’s examine the pros and cons and determine why Trading 212 is bad or good for newcomer investors. By 80% of retail investor accounts lose money when trading CFDs with this provider. Trading 212 is not publicly traded and does not operate a bank. By Jul 10, 2024 · A Risky Bet for New Investors? Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world of investing. is protected by the ICF up to a maximum of €20,000 and up to €1 million by Lloyd’s of London. This is a very serious issue that should be fixed ASAP. For e. By fed up of constant conspiracy theories and people thinking they’ve been cheated by trading 212 on this sub… it’s called the spread and every broker does it when there’s extremely high volume or extremely low volume so generally pre market or market open or when news drops Jul 10, 2024 · Trading 212 is a fintech company. This is a traditional trading account, with more than 10,000 securities (shares and ETF’s) available to trade. i. Hi, has anyone any experience of T212? ISA rate at 5. Account registration is simple and can be done via a mobile device. in Investing Jan 21, 2021 · I made a list of stocks and issues. By the end of the review, you will know whether Trading 212 is a good choice for you to invest with. I’m guessing it has something to do with the weakening pound? So for those of you with euro accounts but have some GBP stocks, what would you do? Do people wait for the pound to get stronger? Or just keep on buying and ignore it. Jul 9, 2024 · Trading 212’s Cash ISA is a glorified savings account, which offers a generous interest rate of 5. , Trading 212 AU PTY LTD, FXFlat Bank GmbH, and Trading 212 Sep 15, 2020 · Currently looking at the FX impact in INVEST. 15%. It has established a partnership with Interactive Brokers to facilitate exchange access and custody services. If you open Invest or ISA account, the minimum deposit is €/£10. 5 percent better than Trading 212. Jun 19, 2024 · Forumites discuss the pros and cons of Trading212 ISA, a cash ISA provider that offers a high interest rate but has some drawbacks. In addition to FCA, ASIC and CySEC oversights, Trading 212 also maintains membership in the following Investor Compensation Funds (ICFs): Trading 212 Markets Ltd. Jul 23, 2024 · Last week my wife fell foul of the Trading 212 T&Cs and as a result they advised her that they were terminating her account with immediate effect. Like right now, KAT opened at 2. July 10 Yes dude all the stocks are trading on the XETR not on the us one that is bad, less volume, worst price you get Dividend on us stocks have a 26,375% compared to the 15% wirth the Formulary W-8BEN on 212 I used it for a couple of years and 212 is 1000 better 80% of retail investor accounts lose money when trading CFDs with this provider. Date of experience: 15 FX Fee: This is the only fee directly charged by Trading 212 for Invest and ISAs. It presents itself as a platform that utilises user-friendly interface to make financial market accessible for anyone. 0 Sep 1, 2023 · I’ve only just registered with trading 212. 1% looks good. Trading 212 Review: A Bit of Backstory. Some concerns include CFDs, margin spreads, OEICs, and FSCS coverage. Aug 23, 2024 · Trading 212 is a low-cost platform for new investors, but it also offers high-risk leverage products like CFDs. Pros of Trading 212. The 'instant bank transfer' option is the easiest and the transfer will be instant. The spreads are likely to be slightly wider on execution than larger brokers. Unlike the more traditional platforms though you can start investing from as little as £1. 50 which is way above the real quote price. By Oct 12, 2024 · Trading 212, like any investment platform, has its pros and cons. Trading 212’s clients most likely have access to investor protection. Trading 212 has a strong track record in the industry. insolvency, Event of Misconduct, together with a failure to safeguard your assets, the value of your assets held with Trading 212 Markets Ltd. ” We’ve thoroughly reviewed the platform for you and identified five of its weaknesses that you should pay special attention to. Users share their opinions and experiences on Trading 212, a free online trading platform. First off, let’s talk Jul 10, 2024 · Trading 212 Selecting a trustworthy broker is a fundamental step while entering the world. 0. 15. Some complain about user errors, market volatility, and platform limitations, while others praise the interest on cash, ISA, and ETFs. 28 yet your platform is still showing the buy price as 2. Points that always get made towards p500 and T212 are that the spreads are insanely high which in my experience it isn’t on stocks or forex but is relatively high on I think there are at least 2 points to consider with Trading 212. Im using Trading 212 and I feel something is off, there seems to be multiple stock prices that are not in line with actual market prices. It uses opening banking and is nothing to worry about. Different email and logon credentials, different proofs of ID, etc. They say ‘trading invest’ in orange ‘trading cfd’ in blue ‘traiding isa’ in red Jun 17, 2023 · TRADING212 WOULD LIKE YOU TO READ THIS DISCLAIMER:When investing, your capital is at risk and you may get back less than invested. If things go south- you shares will not disappear, they are held with IBKR. July 10, 2024. Some issues are raised about share transfers, platform stability, and Game Stop fiasco. Jul 10, 2024 · Let’s examine the pros and cons and determine why Trading 212 is bad or good for newcomer investors. g currently, it is showing AMD is trading at $41. xupv qozcc gdiz ltupb mspuzp hxeco yztpi fzjir chnbpn wgen