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Trading 212 - 2FA

Looking to set up 2FA on my T212 account on iOS 
Says to install authentication app and lists Google Authenticator or Authy
pros and cons on them 

Comments

  • masonic
    masonic Posts: 26,520 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 28 August 2024 at 8:09PM
    I quite like Google Authenticator as it lists sites in a nice compact format. I have to use Authy for a couple of sites and it can authenticate via push notifications if supported by the site.
    Both will allow cloud backup, but it is not a good idea to enable this IMHO. Weakens the security offered by 2FA if it can be moved to another device easily.
  • sausage_time
    sausage_time Posts: 1,348 Ambassador
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    I use Microsoft Authenticator with Trading 212 (only because I had that anyway for a work related site).  I have only used it once per device (phone, laptop).  

    Trading 212 can give you an emergency access code too in case you lose access to your chosen authenticator.  That should be stored in a very safe place.
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
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  • I use Microsoft Authenticator with Trading 212 (only because I had that anyway for a work related site).  I have only used it once per device (phone, laptop).  

    Trading 212 can give you an emergency access code too in case you lose access to your chosen authenticator.  That should be stored in a very safe place.
    Maybe it’s me I don’t really understand this Authentication thingy. I set it up on my iPad and now it logs in and I can get to the withdraw section where you enter the amount without any interaction with the authentication app, previous it said enable 2FA. My iPhone got to the withdraw as well and that doesn’t even have Google Authentication installed 
  • sausage_time
    sausage_time Posts: 1,348 Ambassador
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    I think the 2FA is primary to control access from new devices.  That is certainly what is implied by the Settings options.

    I'd be happy if there was an option to control withdrawals too. 

    In general I find the app leaves me logged in unless I specifically log out, which also feels sloppy.  There is a case for not using the mobile app at all.
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • I think the 2FA is primary to control access from new devices.  That is certainly what is implied by the Settings options.

    I'd be happy if there was an option to control withdrawals too. 

    In general I find the app leaves me logged in unless I specifically log out, which also feels sloppy.  There is a case for not using the mobile app at all.
    Every time I exit the app and go back in even secs later it needs FaceID to open the app 
  • sausage_time
    sausage_time Posts: 1,348 Ambassador
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Ah, just found if I set a passcode I can also enable biometric login.  And with that it now asks for a fingerprint every time I switch to or open the app.  Happier now.
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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