I use this service a lot and this is purely to shine more light into the issue and get other users opinions on it.
Recently I started worrying a little about my account security so I did some experiments in a separate account just for my peace of mind.
On this account I logged in from a different computer (replicating a scenario where my password is stolen)
Then I used the saved credit card to deposit more cash onto the account (I only tried with 10£ but I urge others to try with more)
Then I added a different card of a different person, issued on another country and currency just to top it off and made a small deposit of 1£ so that the card was saved.
Lastly I did two withdraws of 1£ to the “hacker” credit card and then “10£” to the “hacker” credit card again. (I have received the refunds in the account already)
This pretty much shows that someone can use trading212 to charge your card for 1000£s and withdraw it to their card and also sell your positions.
I have only tried with small amounts but I don’t see why this would change if i were using 10x the amount.
I was able to deposit more money into the account and withdraw it to a different person credit card in barely 5 minutes
I like this app and what to continue using it but I hope for some security fixes.