Day Trading confusion

[kiruz]

Hi
I created an account for Trading 212 Invest and was trading some stocks over past 2-3 months and so far I’m loving the platform.

I also was trying to get more info about possibility of Day Trading over here.
I found those 2 topics asking this question:

Day Trading using Trading 212 'Invest' Account INSTEAD of 'CFD' Account?

Hi everyone! This is my first post. I’m a complete newbie to this trading platform, and trading and investing in general. My questions are: Is it possible (and legal) to buy and sell multiple shares in different companies (and the same company) in one day using the Trading 212 ‘Invest’ Account as opposed to the CFD account? As I am new, I have only been trading with around £10 each trade making a few pence each time. But I was wondering if this is allowed? And whether or not it is legal and …

Day Trader Pattern Trader

I haven’t found it yet, but are there any Pattern Trader/Day Trader Restrictions I should be aware of? Some of my other platforms have a maximum number of trades per day, etc…

2 days ago I was reading ToS and most of legal documents for Invest account and I saw a note where it mentioned that day trading is not allowed. It was mention that I can’t buy and sell the same stock the same day and day after that as it’s considered Day Trading and is not allowed.

Right now I’m trying to find that document over your site to reference my words to it but for some reason Im unable to find it now…
Was it removed just lately?

Also - what is the final stance for day trading?
Can I buy the same stock and sell it multiple times repeating the action over the same day and next days after that? For e.g. trying to buy each dip and selling during rising during same day while operating over the same company stock. Is that allowed over Invest Account?

Thank you in advance for your input

[David]

@kiruz There are currently no day trading restrictions.

[kiruz]

Thanks for reply! Got one more thing to ask:

I believe in the same paragraph that I read, it was mentioned that max number of trades per month is 100 and cumulative monthly money transaction shouldn’t surpass 100k EUR.

Is this statement also wrong? I remember it was telling about specific type of client, but I can’t find the reference now

[David]

@kiruz Yes, it’s the “Target Client” section. It’s outdated & we’re going to remove it - just ignore.

Target Client - explanation

Hello everyone! Can anyone explain the Target Client rules for Invest account? I have read in terms and conditions that Trading212 offers 0 commissions for Target Clients, and then they define who is considered as Target Client: as the one who place no more than 100 orders in a month with an aggregate amount of 100,000 GBP, USD or EUR as well as the one who place buy and sell order for the same instrument on the same day for 2 consecutive days. The first part about 100 orders a month is a bit…

[kiruz]

That solves all. Thank you a lot!

[Dumitru_C]

Excellent news!
Hope you will not add any other day trading limitations over time.
Regards.

Dumitru