Thatâs great that you guys donât mind paying, but they have said many many many times, they donât need your money. There is no issue with users funds. Why would they lie? Wouldnât it be better to take our money even if they were close to going under or in trouble? Not sure why you guys are so worried, logic doesnât hold up.
Nikola CEO used to say a lot of things many times as wellâŚ
While raising rounds of funding. You missed the point.
if you used Freetrade before then you will realise with trading212 you are like in the heaven.( free trade they donât have live chart, they donât have a lot of stock/shares, very less features on the app, doesât have any web version). people are getting all the premium features on T212 for free. s I donât mind to pay a small monthly fees so that T212 will be sustainable for long time.
Literally all T212 need to do is charge ÂŁ1 monthly account fee. If half their members agreed that would be ÂŁ4.8mn a year.
No one will dispute that.
I mean my money is here now hard earn savings and yesterday Iâve only had like few hours to fund my account they didnât even let us do that so in a way they wanted to close the positions that we have open and I donât know why, itâs just doesnât make sense I always thought that they make money if I make money not if I loose hmm
But why when you donât need to?
Nope the lack of fee is literally why Iâm here instead of thier competitors.
Trading fees are bad, fixed fees are even worse and just ruin growth.
T212 are making thier money they arenât in this for charity theyâre business men not your mates.
Maybe they can use it for security fund or to expand their business further, provide a call centre or research toolsâŚ
While signing clients as well like GM. Check your info
I donât know about UK, but Iâm going to Firstrade based in the USA. Its commission free. Also, Iâll make some Revolut trades and am now with Fineco, a bank and investment platform, which charges low fees.
Why do you think he was lying so much? To get the GM deal. Iâm done with this discussion.
Yes. 100% agree. Look at how many % of people on CFDs lose money⌠Itâs like a reverse of Robin Hood. Pun intended.
They make circa ÂŁ1.5m profit a year atm iirc have done for the past few.
Firstrade but itâs US based. Has more instruments. I like it.
75% its plastered literally everywhere on t212 and any cfd platform.
Out of curiosity is that because its legally gambling for retail and the odds have to be shown?
Well thatâs a darn sight more than me. And people want me and others to put our hands in our pockets, in addition to what weâve lost through the platform weaknesses? No way. Its up to them to budget and if they have the expertise to run their own servers, they ought to pay someone a salary of what, ÂŁ30 to 50k?and have the sole responsibility of expanding and making it more efficient.
T212 do do securities lending too so if youâre an invest account member I think youâd be wanting interest not a fee 
Thatâs a great point 
I donât think they make much profit on CBD