Hey @Jobloggs ~0.005% daily ongoing (all-in) costs.
@maver1ck - The issue with the order delays should be resolved. Pls let me know if there are any others.
Done, market order went through immediately.
Thank you for your work!
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Cheers mate. I might have a play with one 
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Give me 10x GME, I canāt lose my money fast enough with these 
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Hi Oktay,
Many thanks for launching these great products.
Is it possible to launch the following products as well:
5x Nasdaq in Ā£
5x Ftse 100 in Ā£
5x S&p in Ā£
5x Ftse 250 in Ā£
5x Crude oil in Ā£
5x Tesla in Ā£
5x Airbnb in Ā£
5x Scottish mortgage trust
Also 3x variants of above ETPs as well.
Also the equivalent of above ETPs in 5x short strategy.Also it will be great if you can launch these with smaller face value or allow fractional share trading. As we are small investors.
One of the challenges which I am facing with ETPs is the bid/ask spreads. ETPs are designed for single day trading but if bid ask is more than 1.5 % then the entire profit which we are trying to make in single day is wiped out because of spread. Can you please address this problem?
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ok calm down thereā¦ 5xā¦
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Similar (5x) products are already available in Italian Market. Wisdom tree already have 5x products available for forex on t212. Also 10x products are available on t212 for guilts. Plus Nasdaq, FTSE and S&p are less volitile securities as compared to stocks like square/tesla/PayPal.
If you invest 100Ā£ using a simple (1x) stock as compared to 20Ā£ using a 5x ETP, you are taking same risk on both scenerios. As the money at risk in both cases is 100Ā£ but 5x gives the opportunity for small investors like me to play 5x faster with just 20Ā£ in pocket. These products makes investing worth our time and efforts for small investors as we usually have very little capital to invest.
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the risk is not the sameā¦
the cash value of the position may be, but this is not the measure of risk.
on a 1x stock a Ā£10 move is just 10% of the positions value. on a 5x stock, a Ā£10 move is 50% of the positions value as you bought in with just Ā£20 not Ā£100. yes there are faster gains to be made, there are also faster losses.
if you donāt understand why the risk is different, you shouldnāt be using these products.
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Hi @Singlavipesh - thanks for the product suggestions, weāll have these in mind! (3x Tesla in Ā£ is already available btw)
Youāre right, for things like currency pairs 5x may not be too much of a reach, but for single stocks it can become dangerous quite quickly. A 20% gap up/down isnāt that unlikely and would essentially wipe the product out overnight.
There are also traders that use these ETPs for swing trading, and compounding really starts taking a toll once the lev. factor is more than 3x over a choppy period (I can send some examples if youād like).
About the spreads: These should get tighter over time, but I can ensure you that they are similar to all Leveraged ETPs/ETFs and are actually tighter a lot of the time (we manage this closely with our market maker the recent avg. is less than 0.90%).
The main reasons market makers have to slightly widen their spread is to protect themselves (especially during volatile times) - considering the leverage built-in and the fact that some underlyings trade in different time zones.
Hope this is useful! 
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Can somebody give me an ELI5 breakdown of ETF vs ETN vs ETC vs ETP?
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Are ETPs liquid. Can I buy huge volumes
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Quick and simple answer:
ETFs, ETNs and ETCs are all ETPs (even Investment Trusts could be considered as ETPs)
ETFs are structured as funds.
ETNs and ETCs are debt-related instruments.
ETCs are dedicated to Commodities and Currencies. Usually physically-backed (e.g. Gold).
ETNs could have indexes, basket of assets, single-asset as underlying assets. It could be physically-backed or unsecured.
Source: ETPedia (for a matter of respect I donāt say the competitorās name, but you could Google it, there are a PDF ebook and dedicated site page about it)
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Trading 212 could separate all these instrument types for more searchable and tax reasons.
- Stocks
- ETFs (funds)
- Investment Trusts (funds)
- ETNs (debt)
- ETCs (debt)
- Investment Funds (OEIC, Unit Trusts, SICAV, ICAV, FCP) ā When they arrive to Trading 212
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@obrienciaran ETP is the umbrella term that includes ETFs, ETNs, and ETCs. Itās like calling something a āvehicleā, whereas the others specify whether itās a car, minivan, pickup, etc.
@RLX has a great explanation of each above - and indeed, the ETPedia is a great source for more details!
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@JITHESHTG - Put simply, yes.
These products are open-ended (just like ETFs) - which means that the level of liquidity depends on the underlying stock(s).
So you can even buy Ā£/ā¬/$ millions worth in a single order without having to worry about liquidity. Let me know if you need more info.
ā What if there were also leverage/inverse ETPs on Ark ETFs?
It would be an alternative to European investors that donāt have access to the Ark ETFs (due to UCITS/PRIIPs). I suppose that the European investors would appreciate that very much.
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Hi @Oktay , it is posible to have 3x Argo Blockchain?
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How much additional fee added , what fees added on leverage ETP in comparison to original share on the stock market?
Could someone please share the light. the advantage of doing Leverage ETP (e.g. 2-5XETP) if you could easily do it yourself using CFD. I understand doing it yourself you could the management fee added on ETP. Also, with CFD you do it with some else money. Obviously, you will still need to pay it later but that is another discussion??
@RLX Now weāre getting creative! 
This is something I have been pushing for internally for some time now, youāll have more info when I do. As always, appreciate you sharing ideas.
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Hey @Cocornel - Iāll check if this one meets our criteria for future S&L ETPs. Will let you know when I have an update
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