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Purchasing shares worry

Mckennsa
Posts: 2 Newbie

Hi all
hoping someone can put my mind to rest as have got myself really worried giving personal info such as NI number and signing a w8-Ben form when opening an online app account with trading 212. I haven’t deposited any money yet but used the recommendation on the MSE website to use Trading 212 and then had a mad panic.
hoping someone can put my mind to rest as have got myself really worried giving personal info such as NI number and signing a w8-Ben form when opening an online app account with trading 212. I haven’t deposited any money yet but used the recommendation on the MSE website to use Trading 212 and then had a mad panic.
Are they legit and is it normal to compete and share what I have.
Looking to buy some shares and wanted an app format but as I said am worried now I may get scammed.
Thanks in advance
Looking to buy some shares and wanted an app format but as I said am worried now I may get scammed.
Thanks in advance
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Comments
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Mckennsa said:Hi all
hoping someone can put my mind to rest as have got myself really worried giving personal info such as NI number and signing a w8-Ben form when opening an online app account with trading 212. I haven’t deposited any money yet but used the recommendation on the MSE website to use Trading 212 and then had a mad panic.Are they legit and is it normal to compete and share what I have.
Looking to buy some shares and wanted an app format but as I said am worried now I may get scammed.
Thanks in advance0 -
Thank you for coming back and settling my nerves - I assume it also safe to link my bank account into the app too or is a debit card safer ?0
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Mckennsa said:I haven’t deposited any money yet but used the recommendation on the MSE website to use Trading 212Investing isn't MoneySavingExpert's area of expertise. So, we don't tell you here what the 'best' platform for you is, or give you any top picks. What we've done is pull out a mix of both cheaper platforms and well-known platforms for the two main types (DIY platforms and robo-investment platforms), so you have somewhere to start your own research in to which suits you best.https://www.moneysavingexpert.com/savings/stocks-shares-isas/#doityourself1
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Mckennsa said:Thank you for coming back and settling my nerves - I assume it also safe to link my bank account into the app too or is a debit card safer ?1
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If you are this worried just by signing up . Are your really ready to invest . What will you be like if the the value of your holdings drop by 50% or more ?0
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Looking to buy some shares and wanted an app format but as I said am worried now I may get scammed. lose a lot of money
Other posters have put your mind at rest about getting scammed, but you will still have plenty to worry about, as buying individual shares is at the high risk end of investing,
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