Could you add open ended funds
Could agree more with your comment
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In light of this decision, current clients should be allow to automaticly convert their euro account into USD, if they wish to do so.
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this is terrible news. First you introduce a deposit fee now a exchange rate fee. What is coming next? I bet it’s an exit fees to transfer out. 
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Time will tell… people will have a choice but as the number of users increased especially during covid lockdown part 1 the system almost came to a standstill on occasions even when Robinhood was being severely criticised ( and subsequent problems). I just feel this is the beginning of things to come. What great new services are planned only they know at this stage. I hope I don’t have to cash up just yet, folks need assurances T212.
Pies now closed down, funds transferred to main dealing account. T212 need to show how things are going to be amazing following these price introductions, the service at times feels slow and lethargic.
I share your your frustrations, really thought T212 was spot on, these fees sow the seed of doubt.
I’ll be honest this is painful as someone that trades a large quantity of stocks each day with a £30k+ account. Average of 3 trades a day @ 4K per trade would set me back £36 a day… £180 a week and £720 a month.
Please please go down a different route. I’d happily pay £50-£100 fixed fee a month to support development as I fully appreciate T212 need to generate profits. Even a one off conversion would do although not sure how that would work with ISAs.
It’s a shame because I adore the smooth platform but those fees longer term would drive me out of profit.
Darryl
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Are Trading212 saying they will be retroactively charging this FX conversion fee to existing positions that customers already hold?..Even though these positions were bought and are being held before this fee was even announced?
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Just when this couldn’t get any worse. @David what does the highlighted part in the above comment mean exactly?
Does it mean if I hold AAPL in USD now, and buy again with EUR in April - I will not be charged the FX fee until I buy again in May?
Because I don’t think you’ll be charging fee retroactively cause that just doesn’t make sense and is quite honestly, terrible. 
Are you seriously doing this without giving customers an option to change the currency of their account? That’s horrible. You are really balancing on a thin edge here. Once a few more brokers arrive into Europe and offer commision-free trading, you might be surprised about the rate of your customers fleeing.
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Would you like to retract your statement in light of your recent email to customers about the T&C changes and in particular the charges to be introduced for moving your ISA ?
REF
4.4. We reserve the right to introduce an exit fee,
for any cash, portfolio or share transfer from your
ISA account to a different ISA account provider. All
such fees shall be available on the Trading
Conditions page on our website.
New legal documents landed to my inbox this morning. Not happy with the 0.15%.
Is there a Masterplan with an high level CPS to show the feature and service you are going to enhance?
This is a big move that cracks the brand equity to be a platform that empower free stocks trade which is the reason why many people are here.
It would be great to understand what will be funded with this price increase to assess if make sense chanching to a new platform or remain here. Thanks 
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@TR001 @saifali The highlighted text simply means that one can close their existing position by SELLING the shares without incurring any fee for 60 days. After that, any new SELL orders for that position will incur an FX fee.
@Air_Addict That part of the agreement exists since a long time ago, and the recent amendment is only rephrasing the wording. No exit fee was applied during ISA transfers.
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Hello @David,
I understand the need of some fees but please start making them visible as it is impossible to add fees as costs for calculation. For example now you have the spread of 0.0X USD that is not shown in the transaction history you could instead specify the real purchase price as N and just added that spread to the fee column it would allow to deduct this amount for tax calculation.
The same approach with exchange rates if you just adjust exchange rate we never will be able to understand what the fee amount we are charged and loose money in taxes.
I am currently working on my own service that would allow to import transaction history from different brokers and calculate taxes based on that info. (for now only for Polish residents). Would also appreciate any kind of cooperation/support from your side to correctly process the csv that trading212 generates.
Best regards, Ivan.
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I don’t have any issue paying small fees if Trading 212 keep introducing new features. Everyone loves them but users also need to understand that there is nothing like free lunch. Thanks for developing such new features and if I have to pay a very small amount of fee then it is not a problem.
Please keep up the quality of service. I am having trouble in investing in pies as the order stops in the middle. There is also no indication of how much money is spent in which stock? there should be a progress bar which shows a tick mark when the amount is spent. The same list that is being shown when you select “by targets” or by “self balancing”.
A small fee won’t hurt but the experience should be smooth. Thanks a lot, have a good day.
Best regards,
Red
Just wanted to say well done in the notification email.
Although there is a lot of wording, it is very clear and in comparison to others I’ve seen over the years is well done and very timely.
I look forward to the 212 roadmap for 2021.
My wish list would be:
- Premium account with multi currency option.
- OEICS added(premium feature?)
- Summary of average/worst execution waiting times for the past 30 days, both pre trade and on monthly statements.
- More securities. Things like the new Vanguard Lifestrategy ETFs if possible.
- Primarybid Integration.
- Google form asking for new features, can be upvoted by community and comments provided by 212 on feasibility/build time.
One thing that would also be good - use the community to help design features and reduce the burden/costs on 212.
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@Team212 Can you clarify exactly how dividends would be handled when this new fx fee comes in to play.
For example, I have 1 share in Realty Income (O). Their dividend, on average is approximately 23 cents per share. So in this case:
0.15% of 0.23 is 0.000345. So how are you going to round this up / down?
One would assume, you would just round up to the nearest penny or increase the decimal places shown in your app to cater for these fractional amounts.
Dividend of 0.23 cents - 1 cent / 1 penny (fee rounded up)
or
Dividend of 0.22000655 cents
Also, as you are very aware - there are serious delays in receiving dividends, some are almost 3 weeks late. How do you plan to handle fees on late dividends in the first month after these fees come in. Most of the dividends you will pay in April (should actually have been paid in March) - so no fees should apply!
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@dabear depending on where you are from there also divided with holding tax of 15% - 30%, so presume the fx rate will be applied after the WHT.
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I know there will be witholding tax applied, i wanted to make it simple for T212 to answer the question - ie are they truly taking 0.15% off dividends, or are they actually going to round it up / down to the nearest cent.
If its the latter, then thats a lot of cents potentially lost every month.
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