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

Thrugelmir

HansOndabush said:

Thrugelmir said:

HansOndabush said:

Alexland said:

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? 

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.

I don't know what sort of investing you do but I need to buy/sell in seconds not weeks lol.

Depending what stock you are trading can be difficult to obtain a selling price instantly. 

No way. I rarely have any trouble getting a market price on a range of shares including AIM; but then I don't use Trading212.

I suspect that I deal in bigger lines of the same stock than you do. Not least when selling down. Buying is the easy part. 

Thrugelmir

CreditCardChris said:

Deleted_User said:

A class action against a free web site?

Anyone who thinks just because a website or service is free that it cannot be sued is incredibly delusional.

Bet you haven't read their terms and conditions when you signed up to the App. Most certainly will cover themselves against circumstances / failings beyond their control.

eskbanker

CreditCardChris said:

eskbanker said:

CreditCardChris said:

Deleted_User said:

A class action against a free web site?

Facebook, Google and Youtube are all free sites that have each experienced dozens of class action lawsuits. Just one of the many https://techcrunch.com/2020/01/29/facebook-will-pay-550-million-to-settle-class-action-lawsuit-over-privacy-violations/

Anyone who thinks just because a website or service is free that it cannot be sued is incredibly delusional.

Strawman argument - the scenarios you're referring to with the other sites relate to illegal or unlawful activity!

Beyond your vague notion that T212 must "surely must be in breach of some regulation or another", what specifically do you contend that they're breaching?

I dunno, like denying users the ability to access and or sell their shares? Seems like a pretty big violation to me.

I don't think you understand how the law works - you can't sue a company on the basis of "I dunno, like denying users the ability to access and or sell their shares? Seems like a pretty big violation to me"!  If you have a contract with them that specifies 'time is of the essence' and guaranteed service levels, etc, then you might have a leg to stand on, but you don't....

DisablednProud

I was lucky enough to get on GME back when it was all over /r/UKFinance and was up 4 figures yesterday morning. Hit sell at approx 11am yesterday and has been in the 'Sell Queue' ever since. Market manipulation at it's finest. Glad I don't have more at stake, people on the sub with 5 and 6 figure sums tied up. Obviously, I would not advise touching it now. Wish I'd stuck with Freetrade.

DisablednProud

Update: Sold and withdrawn.  Easiest money I've ever made, but definitely would not advise people getting on now, the ship sailed last week. Same happened with Bitcoin. Would highly recommend the /r/UKFinance sub on reddit as they are way ahead of the curve on spotting these trends before they hit mainstream media.

Bbeettaa

Now I appreciate some of the comments above on volumes and so on. However, I call out an earlier point.
Legally - can Trading 212 decide to block buys of certain shares (allow sell only), even if it's their intermediary. I must add, this was done with no notice and highly likely caused a downward spiral of the shares in question.

Cus

@CreditCardChris - have you now closed out and moved to a different platform? Or in the process of doing this? 

Thrugelmir

Bbeettaa said:

Now I appreciate some of the comments above on volumes and so on. However, I call out an earlier point.
Legally - can Trading 212 decide to block buys of certain shares (allow sell only), even if it's their intermediary. I must add, this was done with no notice and highly likely caused a downward spiral of the shares in question.

Are you referring to US shares? 

camelopardis

DisablednProud said:

Would highly recommend the /r/UKFinance sub on reddit as they are way ahead of the curve on spotting these trends before they hit mainstream media.

Really? I took a look at that reddit sub and thought I must have accidentally stumbled into /r/politics with all the ridiculously tedious bias you usually find in there. I found /r/UKPersonalFinance much more useful

Bbeettaa

Thrugelmir said:

Bbeettaa said:

Now I appreciate some of the comments above on volumes and so on. However, I call out an earlier point.
Legally - can Trading 212 decide to block buys of certain shares (allow sell only), even if it's their intermediary. I must add, this was done with no notice and highly likely caused a downward spiral of the shares in question.

Are you referring to US shares? 

Yes they were US based shares. I appreciate this is out of the FCA jurisdiction - however operating in the UK etc etc.