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Trading platform- advice please

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Comments

  • I had a play around with trading212 when it first came out. I tried to get the hang of it using their practice feature but didn't find it to be very intuitive. I wish we had M1 Finance like they do in the states, that really is an incredible platform and so easy to use.

    In the end I opened up a SIPP (my works pension only has limited salary sacrifice) and a stocks and shares ISA instead. I invest the majority of my money in multi asset funds. You should have a look into doing the same. Personally, the only time individual shares would make sense for me would be if I was setting up a dividend paying passive income, and even then I would be investing for the long term and really, really doing my homework.
    Think first of your goal, then make it happen!
  • goliaph
    goliaph Posts: 6 Forumite
    First Post
    Hello, friend. Be careful, there is a lot of scam on the internet nowadays. Choose the best platform that has the most good reviews and reputation
  • How is going your deals?

  • Besides sites that can scam you, there are also people that describe themselves as "specialists" in this domain and give tips for money. Unfortunately, many people fall into their trap and lose a lot of money. This is why you should be attentive to everything. I am not new to this domain, so I know how things work, but I like to find some tools that can simplify my work.
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    edited 21 December 2021 at 12:41PM
    Yeah, I was shocked when I have found out how many "specialists" sell their knowledge and how many people buy it, they just waste their money, instead of trying to learn from their mistakes. I am in this domain for years, but I always look for some tools that can help me to make better trades. One of them is <EDIT LINK REMOVED>, I didn't hesitate to try it as it is free and I made some money thanks to it. You can also give it a try.
    Um ok.  So IF they are any good, why are they giving them out for free and not just making millions themselves by running them?

    A sale does not always require money to exchange hands!

    Possible UPSIDE = None of the above is the case and these people have developed a tool and set up a website because they are benevolent and they just want everyone in the world to have the opportunity to make easy free money.
    Possible DOWNSIDE = It is an out and out scam and you will lose money directly OR your details will be sold and you may lose money indirectly.

    Which of the above is most likely?
  • coyrls
    coyrls Posts: 2,517 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Please can you remove the quoted spam from your post above?
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