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Trading212 is the worst investing platform know to man and should be fined.
Comments
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I wouldn't expect the FCA to do anything about market outage on thier platform. I have experienced that with a lot of the larger players too. The only thing that will make them change is if customers start leaving in droves.
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You can only sell if there's somebody on the other side of the trade willing to buy. At times a stock can be suspended for a period to maintain an orderly market. Allowing time for market makers to reprice the bid/offer prices.CreditCardChris said:
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?eskbanker said:
Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?CreditCardChris said:Trading212 is the worst investing platform known to man you0 -
Conflating stock exchange circuit breakers to literally being locked out of the stock market is really rather unreasonable.Thrugelmir said:
You can only sell if there's somebody on the other side of the trade willing to buy. At times a stock can be suspended for a period to maintain an orderly market. Allowing time for market makers to reprice the bid/offer prices.CreditCardChris said:
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?eskbanker said:
Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?CreditCardChris said:Trading212 is the worst investing platform known to man you0 -
Investing takes patience and emotional control. If you are doing it properly it shouldn't matter if you can't trade for days or weeks. Relax and think longer term.CreditCardChris said:
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?
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I don't know what sort of investing you do but I need to buy/sell in seconds not weeks lol.Alexland said:
Investing takes patience and emotional control. If you are doing it properly it shouldn't matter if you can't trade for days or weeks. Relax and think longer term.CreditCardChris said:
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?
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Stop talking !!!!!!. If the market is down 8% in pre market like it was once or twice during the March crash, I want to buy right there and then, that instant. Not next week or next month.Alexland said:
Investing takes patience and emotional control. If you are doing it properly it shouldn't matter if you can't trade for days or weeks. Relax and think longer term.CreditCardChris said:
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 likewise when some of my favourite stocks are down 5% pre market I want to buy the dip. People invest all different ways, direct debit monthly investing isn't the only way to do it. When a dip is there I want to take advantage, period.2 -
Depending what stock you are trading can be difficult to obtain a selling price instantly.HansOndabush said:
I don't know what sort of investing you do but I need to buy/sell in seconds not weeks lol.Alexland said:
Investing takes patience and emotional control. If you are doing it properly it shouldn't matter if you can't trade for days or weeks. Relax and think longer term.CreditCardChris said:
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?0 -
Trading 212 is dependent on 3rd party external parties. It does not trade directly on the exchanges.norsefox said:
Conflating stock exchange circuit breakers to literally being locked out of the stock market is really rather unreasonable.Thrugelmir said:
You can only sell if there's somebody on the other side of the trade willing to buy. At times a stock can be suspended for a period to maintain an orderly market. Allowing time for market makers to reprice the bid/offer prices.CreditCardChris said:
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?eskbanker said:
Fixed that for you - which others did you evaluate when choosing to use T212 and why did you elect to go with them?CreditCardChris said:Trading212 is the worst investing platform known to man you0 -
Be prepared to shell out serious money if you want liquidity. Trading212 and the like are targeted at retail "investors", these platforms are pretty much market makers and are not appropriate for day trading.HansOndabush said:I don't know what sort of investing you do but I need to buy/sell in seconds not weeks lol.
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HansOndabush said:As Trading212 don't know what a share certificate is, I would definitely avoid.Paper share certificates are being phased out anyway.0
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