Thatās great that you guys donāt mind paying, but they have said many many many times, they donāt need your money. There is no issue with users funds. Why would they lie? Wouldnāt 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 doesnāt hold up.
Nikola CEO used to say a lot of things many times as wellā¦
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 donāt have live chart, they donāt have a lot of stock/shares, very less features on the app, doesāt have any web version). people are getting all the premium features on T212 for free. s I donāt mind to pay a small monthly fees so that T212 will be sustainable for long time.
Literally all T212 need to do is charge Ā£1 monthly account fee. If half their members agreed that would be Ā£4.8mn a year.
No one will dispute that.
3 Likes
I mean my money is here now hard earn savings and yesterday Iāve only had like few hours to fund my account they didnāt even let us do that so in a way they wanted to close the positions that we have open and I donāt know why, itās just doesnāt make sense I always thought that they make money if I make money not if I loose hmm
1 Like
But why when you donāt need to?
Nope the lack of fee is literally why Iām here instead of thier competitors.
Trading fees are bad, fixed fees are even worse and just ruin growth.
T212 are making thier money they arenāt in this for charity theyāre business men not your mates.
9 Likes
Maybe they can use it for security fund or to expand their business further, provide a call centre or research toolsā¦
While signing clients as well like GM. Check your info
I donāt know about UK, but Iām going to Firstrade based in the USA. Its commission free. Also, Iāll 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. Iām done with this discussion.
Yes. 100% agree. Look at how many % of people on CFDs lose moneyā¦ Itās like a reverse of Robin Hood. Pun intended.
They make circa Ā£1.5m profit a year atm iirc have done for the past few.
Firstrade but itās 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 thatās a darn sight more than me. And people want me and others to put our hands in our pockets, in addition to what weāve 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, Ā£30 to 50k?and have the sole responsibility of expanding and making it more efficient.
T212 do do securities lending too so if youāre an invest account member I think youād be wanting interest not a fee 
2 Likes
Thatās a great point 
I donāt think they make much profit on CBD