That is what i also mean with clarity. Everybody with a mind knows things are never free, but at least be honest about this. I have no problem paying to use a platform for their services, but in return i expect quality of service and that is lacking the last few months (especially the longer delays when dividends are paid, this was never the case and i had it always within 3 working days and not 16 days like it is now + the outages of the webserver like the last 2 times in a short period of time)
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I hear you mate, I think better approach maybe a poll of options to raise funds, plus followed with the features most desired. Seem most people are willing to allow some cost to get features, support stability as understand business, just doing what feels like misguided methods out the blue worries people.
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These calculations are correct for drip investing.
Degiro has 10Euro +0.02% FX fees. So you do you calculate 100?
The fees are small, so once you get used to them they will get bigger in order to bring more profit. Today 0.15%, tommorow maybe 0.3% or 0.5%. Once you get used with a broker you are much less likely to switch over when a better opportunity arises out of comfort
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Yep that same point I made, human behaviour
Concerning as portfolio grows as % this get progressively worse if say have 200K portfolio, that is why most provides have cap on these types of things
@Richard.W what happens if have sizable portfolio on fx fees? Dividend wise?
PS appreciate work put in by the way
Manual is only cheaper than automatic 0.10% option if you are exchanging more than about £8775 at once. Here is the table redone assuming that each £20k deposit and the final withdrawal iare done in one lot, the manual way.
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As i said it depends also for other factors. I made calcualations also with Exante and there are sitations where Exante, Degiro or Trading212 is cheaper. So it depends very specific situations, But all i can say is that exante und degiro has not changed much the fees in the last decade (i think they also have not raised it). So if you would like a reliable partner than at this time Exante and Degiro seems more appropiate
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Amazing work @Richard.W saved a lot of us a headache haha! I’m a largely buy and hold dividend investor. No issues for me to be honest although I can see why people are not happy.
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Here is the table for a whale who deposits 50k in one go at the start of each year and achieves 20% growth pa, and is withdrawing £393k after 5 years. Assuming he turns over his entire portfolio once a year. Now we see who Interactive Brokers is good for.
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How dare you call me a whale!
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Now things getting interesting so short term or smaller investor T212 is better, longer term / large investors others maybe better, I assume dividends and DRIP will be similar?
this what concerned me and answered now, at the moment it okay but as pot grows or if have sizable pot it worth thinking more
Thanks again for doing the leg work and sparking conversation @Richard.W
hope they revert this decision and go back to being no fee platform, long term will be better for them
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No, that’s the case assuming he turns out his entire portfolio, compounded by super growth of 20% every year.
A rather extreme one, but I guess we wouldn’t leave @Richard.W alone until he presented an example where Trading 212 wouldn’t be the top choice. 
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Wouldn’t this just make UK Dividends more attractive despite Stamp Duty being 0.5%?
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yes all uk stocks, but before the UK dividends stocks they already were anyways
You just did… So the promise is already broken before the ink got dry. Barely a month ago 212introduced fees for depositing funds to our account. Now fees for FX. Also fees for withdrawing ISA to another provider.
I’d start taking bets what fees will we get next month. ‘ISA maintenance fee’? ‘Order execution fee’? ‘Pie access fee’?
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What fee for withdrawing ISA???
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I’ve been looking for one but most seem to charge a fee per deal.