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

DisablednProud

camelopardis said:

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

yeah subbed there too, but you are not allowed to speculate on markets there. /r/UKFinance is just how I found out about GME early. Even /r/wallstreebets where I've been subbed for months, the GME hype was drown out by other posts until Elon Musk joined in. Will be interesting to see what happens on Monday.

adindas

dunstonh said:

Financial services is not really much different to other retail and services.   Cheap can often mean lower quality.  But expensive doesn't necessarily mean better quality.  However, there is a big difference in terms of quality of service and their offerings over the market place.   The marketplace is strong and if you do not like their service then you have plenty of choice.

Absolutely. The free trading platform such as Trading 212, eToro, Free Trade are revolutionising the ways the retail investor is investing/Trading. People could now become a day trader, swing trader because of them. I am one of 14-millions Trading212  users but I am aware that there are not perfect.

Those who just know how to complain and cannot see the benefit of staying with them what prevent you to just close your account and move to other platforms?.

There are currently not accepting new customers. So, once you leave there are thousands of people in the queue are happy to take over your place.

Say you move to Hargreaves Lansdown, just prepare to pay £11.95 per deal. If you do a few hundred deals per month, how much will it cost you? Also consider about the currency conversion fees for non UK shares/ Funds. The free platform such as Trading 212, eToro, FreeTrade change the game.

Both HL (say) and Trading212 serve a different type of investors. If you just buy/sell one or two Fund, ETF shares a year then the fee does not really matter to you. Also the thing you see happen in trading 212, there is not gurantee it will not happen in HL. I do not think the HL have the same amount of trading compared to Trading 212 at the US stock market opening.

HansOndabush said::

I wouldn't expect the FCA to do anything about market outage on their 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.

Absolutely, it happnes to any platform, even the big payers. In the US for instance you see when the case such as Game Stop come to surface. You wil not be able to buy Game Stop even a well know platform such as TD Ameritrade.

CreditCardChris said:

Trading212 is the worst investing platform know to man. to me

Dude please speak for yourself.

CreditCardChris said:

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. n.

Dude. Why are you not complaining to Vanguard for not allowing you to do what you want to do with Trading 212 ? I also have account with Vanguard, but I love them both because they serve a different purpose.