Trading 212 pound cost averaging

DjangoUnchained

Is there a way to set this up to automatically do? i cant find this on any setting?

wmb194

DjangoUnchained said:

Is there a way to set this up to automatically do? i cant find this on any setting?

It has something called auto invest that you set up using, "pies." Is this what you're thinking of?

https://www.trading212.com/auto-invest

DjangoUnchained

sort of. I didnt want to set up a pie though, ive just picked a couple of index funds i wanted to drop a small amount into every week.

Altior

How can I schedule automatic payments to my trading account?

This can be done on both the mobile and web apps by following these steps👇

1. Go to the Deposit window
2. Select your preferred payment method
3. Enable the Recurring option

Setting automatic deposits in the Trading 212 app is only available for card payments. 

DjangoUnchained

Altior said:

How can I schedule automatic payments to my trading account?

This can be done on both the mobile and web apps by following these steps👇

1. Go to the Deposit window
2. Select your preferred payment method
3. Enable the Recurring option

Setting automatic deposits in the Trading 212 app is only available for card payments. 

thats the problem, i dont do it by card, i use the"fast payment" method as its free to use.

booneruk

https://www.youtube.com/watch?v=-StgcS_yToo&t=1131s

This guy produced a very useful T212 howto vid the other day - at the timestamp above he talks about the auto invest and how because it requires card payments it can end up costing you fees. There's a way around that, but it takes manual intervention as he describes.

DjangoUnchained

i did watch that video, i will revisit it again and see what it says.

booneruk

Also, if you can only auto-invest into a pie, and one stock is all you want to invest in, then it's possible to have a pie of one!