Trading212 is the worst investing platform know to man and should be fined.

norsefox

You wouldn't expect Monte Carlo service from Betfred... so why the application to T212?
If you want to day trade, or time your purchases/sales then you need to pay for a broker, not use a commission-free one.
That said, almost the entire world of commission-free brokers (and a fair number of established retail brokers) couldn't cope with the demand yesterday.
These are problem which will keep re-occurring until this current flurry of interest is over, but retail investing is here to stay so the infrastructure will need to be scaled up.

DireEmblem

https://www.independent.co.uk/life-style/gadgets-and-tech/robinhood-gaming-212-gamestop-amc-e-trade-app-not-working-b1793558.html

Plenty of trading platforms went down.  Similarly lots of websites went down with people trying to order the latest Playstation/xbox.  It may not worth the added charges to users to build extra redundancy for these scenarios that are difficult to predict.

eskbanker

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

CreditCardChris

eskbanker said:

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

Dude 90% of my money is with Vanguard. I just put some money into Trading212 to do a small amount of trading, mostly buying the dips in my favourite stocks right after market open. However that's pretty difficult when the platform doesn't load. 

But anyway you're all missing the point, whether I want to buy or sell, whether I have £100 or £1m on the platform, not having the ability to sell WHEN YOU WANT TO is a massive risk to customers and surely must be in breach of some regulation or another? And this isn't the first time Trading212 has gone down right at market open, it does it all the time.

Perhaps a nice juicy fine from the FCA will force them to upgrade their infrastructure to cope with the new influx of customers joining their platform.

norsefox

CreditCardChris said:

eskbanker said:

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

Dude 90% of my money is with Vanguard. I just put some money into Trading212 to do a small amount of trading, mostly buying the dips in my favourite stocks right after market open. However that's pretty difficult when the platform doesn't load. 

But anyway you're all missing the point, whether I want to buy or sell, whether I have £100 or £1m on the platform, not having the ability to sell WHEN YOU WANT TO is a massive risk to customers and surely must be in breach of some regulation or another? And this isn't the first time Trading212 has gone down right at market open, it does it all the time.

Perhaps a nice juicy fine from the FCA will force them to upgrade their infrastructure to cope with the new influx of customers joining their platform.

Every single one of the commission-free brokers has had repeated problems with high users in the last three months.
I understand the above reference to PS5/Xbox whatever, but this is happening repeatedly.  Retail trading is only going to become more and more popular, so clearly more capacity needs to be built into the system.
That will come, but again, if you want to time your trades, pay for a broker.

I truly get the frustration, but it is quite literally the only solution.  If T212 or eToro is costing you money, then spending a platform fee surely will save you money, or at least come close to breaking even whilst saving your sanity?

Croeso69

Cannot seem to open an account ...

eskbanker

CreditCardChris said:

eskbanker said:

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

Dude 90% of my money is with Vanguard. I just put some money into Trading212 to do a small amount of trading, mostly buying the dips in my favourite stocks right after market open.

But that still leaves those questions unanswered, for that 10% day-trading pot....

HansOndabush

As Trading212 don't know what a share certificate is, I would definitely avoid.

https://helpcentre.trading212.com/hc/en-us/articles/360008697058-How-to-get-a-shares-certificate-

CreditCardChris

eskbanker said:

CreditCardChris said:

eskbanker said:

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

Dude 90% of my money is with Vanguard. I just put some money into Trading212 to do a small amount of trading, mostly buying the dips in my favourite stocks right after market open.

But that still leaves those questions unanswered, for that 10% day-trading pot....

It's not a trading pot, it's a niche investing pot. I never sell and only buy the dips on the stocks I have picked (it's actually doing about 5x better than my vanguard index fund). Just a little annoyed most of my stocks were down 4% - 5% at market open and I couldn't login to buy the dip. 

Oh well, hopefully the FCA will crack down on them. A free platform is no excuse for the shockingly poor performance of their platform, especially when they're handling peoples money. 

*Edit* I realise I said trading but I'm actually investing. Day trading is a losing mans game in my opinion.

eskbanker

CreditCardChris said:

eskbanker said:

CreditCardChris said:

eskbanker said:

CreditCardChris said:

Trading212 is the worst investing platform known to man you

Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?

Dude 90% of my money is with Vanguard. I just put some money into Trading212 to do a small amount of trading, mostly buying the dips in my favourite stocks right after market open.

But that still leaves those questions unanswered, for that 10% day-trading pot....

It's not a trading pot, it's a niche investing pot. I never sell and only buy the dips on the stocks I have picked (it's actually doing about 5x better than my vanguard index fund). Just a little annoyed most of my stocks were down 4% - 5% at market open and I couldn't login to buy the dip. 

Still avoiding answering the questions then!  Re "It's not a trading pot", I'd suggest you re-read your words that I quoted above, and in particular "to do a small amount of trading"....

CreditCardChris said:
A free platform is no excuse for the shockingly poor performance of their platform

I'm not trying to defend them but if you went with a platform with a sustainable business model, including revenue from customers, then chances are that they'd have better-funded infrastructure, which should lead to improved reliability - it's not quite as simple as that unfortunately, but the 'pay peanuts, get monkeys' angle is hard to avoid when talking about this mob.