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Stocks and Shares ISA - Vanguard or Trade 212?

Just wondering the pro's and cons of either. I only want to buy Vanguard products at the moment and it seems like a no brainer to sign up with Vanguard. Any thoughts?

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If Vanguard fulfill all your investing requirements little point in looking elsewhere. 
  • Alexland
    Alexland Posts: 10,561 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 5 February 2021 at 12:24PM
    Just wondering the pro's and cons of either. I only want to buy Vanguard products at the moment and it seems like a no brainer to sign up with Vanguard. Any thoughts?
    • Vanguard's platform fee is low for a small account - but gets expensive for a larger account as the cap is high.
    • Vanguard's platform doesn't offer all tax wrappers eg LISAs.
    • Vanguard's fund/etfs don't cover all asset types or investment strategies.
    • There are often similar cheaper fund/etfs from other fund managers on platforms that give whole market choice but those platforms would cost more on a small account but possibly less on a big account.
    I wouldn't trust T212 with anything more than play money - not that I feel the need to play.


  • are wrap centra V2 products an option ? 
  • Albermarle
    Albermarle Posts: 31,179 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Just wondering the pro's and cons of either. I only want to buy Vanguard products at the moment and it seems like a no brainer to sign up with Vanguard. Any thoughts?
    Better to go with a large established name , than one with a still developing business model .
  • Alexland
    Alexland Posts: 10,561 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    are wrap centra V2 products an option ? 
    Never heard of them and google doesn't yield any results.

  • Aren't trading 212 closed to new customers at the moment? Unless you already have an account

  • dunstonh
    dunstonh Posts: 121,263 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If you are going away from the mainstream and using tiny players, especially those that are losing money every year,  then make sure you keep within FSCS limits.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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