Thanks mate, appreciate your help
@Team212 Are there by any chance plans to implement feature that we could set certain time during trading hours for our funds to be automatically invested into stocks in our ?
Sure, we certainly want to incorporate more flexibility when it comes to the AutoInvest feature.
Phase 1 of that plan would include adding a wider range of options for daily deposits. Thatāll enable you to choose which days of the week to deposit/invest in.
Anyway, Iāll also forward your feedback to take it one step further and introduce AutoInvest during specific trading hours. Iāll let you know how it all goes
Great news, thank you for all your hard work.
Specific hours is even more important (for me at least). Normally the spreads are high when the market opens so we donāt get a good price with auto invest.
yes I stop auto invest because it does not provide you the ability to choose day / time for investing based on economic calendar and opining hours ⦠I use standing order instead and manually invest into pie at the right time.
Could it also allow offer the same options as when investing manually - specifically āSelf-balancingā.
Would be great to have this both for dividend re-investing and auto investing based on free funds.
I had to stop the auto investing as I was having the same issue as others, where the Standing order takes too long to come in a, fails to invest due to the lag.
A direct debit would be so much better. Almost instant so we keep investing regularly without effort.
Thanks
Hmm⦠you can already contribute funds to your pie at any time you like. So, Iām not sure I completely get the concept here. Feel free to elaborate, though
Weāll explore the idea together.
This part makes perfect sense. Iāll run it past the team, and once we decide whether itās something we want to pursue further or not, Iāll let you know!
Hey, sorry if it was not clear.
Self-balancing is only available on manual investments and NOT when using auto-invest.
It would be great to have the same options regardless of what is triggering the investment: user VS auto-invest.
Got it.
Thanks for the additional info. Iāll forward this as well and Iāll keep you posted on how it goes
For me the pies arenāt functionally enough yet:
- Canāt select funding currency like with manual orders (I hold three different currencies and want it to draw only on one)
- When selecting manual funding for a pie: thereās no option to fund a pie from current funds (āfree fundsā) in the account, only by new bank transfer.
2.a.) The slider for selecting the amount is also bugged out for me, it only slides up to the fixed amount of USD 6.67 (which is the minimum investment amount in my example case) for some reason (manual entry with the keypad does work) - If selecting auto-invest: minimum timeframe is one year, Iād like to spread out some purchases over 2-6 months as well
- When selecting auto-invest, it says I donāt have enough āfree fundsā (0.00 USD) even though thereās plenty available in other currencies. It doesnāt accept other currencies? The investment vehicles and main funds in my account are in EUR
Pies hold cash in your primary currency. Currently, when adding or taking out funds from your pies, you have to use your primary currency balance. We appreciate the feedback, though and will let you know if there are updates
Under the Manual Investing (One-off Payment) option, by default AutoInvest will use your accountās Free Funds and invest them along with any available pie cash
Iāll send you a DM as what youāve described sounds strange, and Iāll have to check the situation further.
Weāre already considering making the āAutoInvestā feature more flexible
Pies hold cash in your primary currency. Currently, when adding or taking out funds from your pies, you have to use your primary currency balance.
Hi Bogi, is it possible to change my primary currency for the mean while? Itās currently USD whereas Iām mainly using EUR. In settings I can only switch between asset currency or primary currency.
Under the Manual Investing (One-off Payment) option, by default AutoInvest will use your accountās Free Funds and invest them along with any available pie cash
I can see whatās causing my issue now. My primary currency on my account is set to USD whereas my free funds are in EUR and GBP. As a result I donāt have the option youāre describing.
Iāll react to your DM to share my account ID. Thank you for your quick response!
Bogiās away right now, but Iāll gladly answer all other questions you may have. Currently, the only way to change your primary currency is to close your current account and create a new one afterwards with your preferred currency as the primary one.
Iāll send you a separate DM in a moment to expand on this topic
Now that you are introducing Cash ISA, would it be possible to allow auto invest to transfer funda from Cash ISA to the Stocks & Shares ISA?
This would be such an elegant solution as I would transfer remaining funda from my salary to Cash ISA and then the Stock & Shares ISA would automatically fund itself from the Cash ISA worhout me having to worry if I have enough funds on my bank account. This is important since by keeping my cash in your ISA wrapper I will earn interest daily as opposed to just rotting away on the bank account.
You know you earn the same rate in the stocks and shares ISA right? Just transfer the money into the stocks and shares isa and only invest what you want to leaving the rest in cash
It is not the same.
Cash ISA does not use qualifying money market funds (QMMFs) which are not FSCS protected. It is absolutely fine if they use them for Stocks & Shares ISA account because you expect it to go up and down with time.
But Cash ISA is a more serious product where you want the money to appreciate with less risk and be better protected.
I would like to put majority of my rainy fund there, and then put any leftover funds from my salary each month.
Therefore I ask for Trading212 to add a feature where I would be able to automatically fund the Stocks & Shares ISA using Cash ISA every month.
Hi, any news about the increase? I could really use it.
Iād like to request more flexible monthly option, allowing not only ānth day of monthā but also āxth day of the week in the monthā, eg each second Monday of the month
You can pay straight into a pie, so if you setup on the nth day of the week from your bank, it works?