The paypal solution is very bad.
- When topping up a USD CFD account using Paypal with a Dutch EUR bank account linked - it fails. The error is bogus.
- If I top up Paypal through one of their services that allows to top up with EUR through iDeal with a maximum transaction of 1000EUR and then send a top up USD order through Trading 212, the conversion will be done on Paypal’s end. The PayPal account is in EUR, USD is credited by T212. This means that Paypal does the conversion and their conversion fee was 4-5% off the market just now. So Paypal is the worst case scenario.
I am still waiting for some representative to answer the question, but for now I’m getting nothing here, which is rather sad. Don’t even know if I can open a EUR account.
I filed for the account using a Moldovan tax residency, expecting to leave for Moldova before the middle of 2020 to become the tax resident there for 2020, but I guess now I have to stay in the Netherlands for longer, stay a Dutch tax resident, file for an account using Dutch residency information, get a EUR account and top up all the funds safely using iDeal. Having to jump through hoops because FAQ is misleading.
PS - market order execution on PFE took 5-6 seconds just now.