Trading 212 £50 shares offer

martyp

Hi all,
I'm tempted by the MSE promoted offer but have never dabbled in shares, I've only used savings accounts as an investment.
I don't think I'd get massively in to it but thought with this offer I shouldn't lose in theory unless the shares dropped heavily in value? I have heard people saying to invest in different companies as clear winners but really not sure who to go for and which might be best or safest?
Can anyone advise or suggest where I can find out in a simple to understand way at all please?

Is it as simple as getting £150 of shares for £100 and just seeing how they do? E.g. if they start to fall then withdraw before it goes down to £100?

Many thanks

Woodstok2000

I did this today - was very easy to set up the account, and within minutes of depositing £100, I have £50 of Lloyds shares.  I have put my £100 into a diversified fund which in theory should track the market and minimise the chances of any losses.  Planning to withdraw everything as soon as I can ;-)

Of course, you can invest your £100 in anything, e.g. other funds, shares in a single company etc, it just depends on your risk appetite.

pedrodelgado

Treat stock investing with caution, especially when you are new to it. I'd suggest sticking to the £100 and free ones. My one question is ,is it a definite £50 worth free or 'up to' like their other deals?
I'd suggest doing a search for starting out in share dealing to research it. My one tip is avoid AIM shares, only invest in ftse 100 or 250 shares if sticking to UK to avoid FX currency complications. If you just trade (not invest for dividend income) and you are 5% up quickly, take it. Steer away from talk on forums too. Good luck.

wmb194

martyp said:

Hi all,
I'm tempted by the MSE promoted offer but have never dabbled in shares, I've only used savings accounts as an investment.
I don't think I'd get massively in to it but thought with this offer I shouldn't lose in theory unless the shares dropped heavily in value? I have heard people saying to invest in different companies as clear winners but really not sure who to go for and which might be best or safest?
Can anyone advise or suggest where I can find out in a simple to understand way at all please?

Is it as simple as getting £150 of shares for £100 and just seeing how they do? E.g. if they start to fall then withdraw before it goes down to £100?

Many thanks

You don't have to buy shares in individual companies, instead buy a fund that invests in hundreds or thousands of companies and spread the risk. T212 offers stock market listed ETFs and Investment Trusts that'll achieve this. Look in the discover tab and find the ETF section, see below. 

The first three Vanguard funds - 2x S&P500 and FTSE All-World - are very popular. 'Dist' means dividends will be paid out to your account and 'Acc' means they will be reinvested automatically within the fund but note they still count towards taxable income if held in a taxable account.

Middle_of_the_Road

wmb194 said:

martyp said:

Hi all,
I'm tempted by the MSE promoted offer but have never dabbled in shares, I've only used savings accounts as an investment.
I don't think I'd get massively in to it but thought with this offer I shouldn't lose in theory unless the shares dropped heavily in value? I have heard people saying to invest in different companies as clear winners but really not sure who to go for and which might be best or safest?
Can anyone advise or suggest where I can find out in a simple to understand way at all please?

Is it as simple as getting £150 of shares for £100 and just seeing how they do? E.g. if they start to fall then withdraw before it goes down to £100?

Many thanks

You don't have to buy shares in individual companies, instead buy a fund that invests in hundreds or thousands of companies and spread the risk. T212 offers stock market listed ETFs and Investment Trusts that'll achieve this. Look in the discover tab and find the ETF section:

Link to offer -
https://www.trading212.com/join/MSE50

Woodstok2000

pedrodelgado said:

Treat stock investing with caution, especially when you are new to it. I'd suggest sticking to the £100 and free ones. My one question is ,is it a definite £50 worth free or 'up to' like their other deals?
I'd suggest doing a search for starting out in share dealing to research it. My one tip is avoid AIM shares, only invest in ftse 100 or 250 shares if sticking to UK to avoid FX currency complications. If you just trade (not invest for dividend income) and you are 5% up quickly, take it. Steer away from talk on forums too. Good luck.

It's a full £50 in free shares.

And you can invest your own £100 in funds and ETFs to minimise risk, you don't have to buy shares with it.

martyp

Excellent, really appreciate the advice and suggestions. Thankyou. I probably will stick to the £100 as I'm not much of a risk taker so would just find it interesting to see any changes and see what happens.

martyp

Sorry just to understand things a bit more, can you freely move the £100 invested  around or is there a penalty of some sort e.g. charges or time delay etc.?
If you were to withdraw the total £150 from the initial £100 investment is there any charges for doing that?
Many thanks

Woodstok2000

You can do whatever you want with the £100. There are some fees depending on what you do (e.g. foreign currency transactions) but they are very small - would mostly be pennies on a £100 transaction. You can see them all here : https://www.trading212.com/terms/invest

You can sell the free £50 shares immediately, but you can't withdraw the cash for 30 days. No charges for withdrawals.

martyp

That's great, thankyou. My account has been verified now so will put the £100 in and see what shares I get.

losthour

Probably a stupid question but…

I have done the ‘ 212 Invest’ as already filled up cash ISA this year. I put £100 in  (linked to blackrock core) but in notifications it says ‘You are one step away from getting free fractional shares’. Have I missed something I need to do or is the notification wrong/out of date?