True enough, it’s not all 212s fault. They are part of the problem, not the problem so to speak. It’s not their issue that dollar accounts also cost money, I get that.
What 212 did do however was make it much harder for everyone with dollar accounts to now deposit without costs or terrible rates unless you live in one particular place. (even if I did hypothetical switch that 0.15 adds up as all my stocks require fx use) before I could access the best rate on the market, now it is with a 0.7% fee., yet if I lived in the UK, I would still be able to do that with a bank transfer, as I live in the EU, nope.
***why couldn’t they for example give all EU customers with dollar accounts 1 card transaction a month/ 2 months free of charges until a solution is found. Now that’s customer facing.
I fully understand 212 are a business, and need to do what is best for it. However right now nothing has changed in the UK, you can still add freely and get the same money you had before.
That is not the case for international customers, they offered something, then changed the game, even though our accounts are now registered in the EU.
I don’t blame 212, but they certainly Haven’t given any thought to what is best for the customer.
At this moment 212 is still best in class,
Really Etoro, revolut and others don’t come close, I actually closed my stocks in those places to come here as what 212 was offering is/was so impressive.
However, eventually someone within the EU will feel the hole they have left behind. And then they do, I’ll be gone (I know who cares, haha) which for me is the point, I’m now here because there is nothing better, they sadly seem to have forgotten brand loyalty is a 2 way thing.
Until then it is what it is, thanks for your input