I found this video on Youtube made by the official Trading212 channel and I have a question about it. https://www.youtube.com/watch?v=UipJbysdqUc
This video shows how your service uses a smart routing system to find the best available price and how it does not apply any delay in the execution of orders.
Does this make Trading212 a direct access broker?
From what I found on the internet Trading212 is a client of Interactive Broker. And this one is considered a direct access broker. So is it correct to think that T212 is also a direct access broker?
Trading212 acts as an intermediary between the investor and the stock exchange? Does Trading212 send my order directly to the stock exchange?
How does Trading212 distinguish between competitors such as Robinhood and Webull in terms of order execution? From what I know brokers who offer free commissions generally use a practice called Payment For Order Flow (PFOF), does Trading212 do the same?
On the internet there is some talk about how Robinhood and Webull are not suitable for day trading but only for swing trading given their delay in executing orders. Is Trading212 an exception?
It would be nice if I could get an answer directly from the Trading212 Team.