perhaps the view has changed, but there was no promise made in that statement. there was show of a hopeful deadline, but no details or numbers committed that T212 would have to answer for in a review.
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I agree the view has changed, obviously.
But would be nice to hear from the @Team212, why that happened.
If they can explain that, is easier to accept any feesā¦
It is a bit of a moot point as the end result is still the same ie more profit (or fewer losses) for t212.
If IBKR donāt charge T212 fx fees then it is even more clearly a profit making exercise but as I say the justification doesnāt really matter as the end result is the same.
So either invest/isa werenāt self-sustaining previously, the costs of providing them have increased (which makes no sense as costs typically reduce with scale not increase), t212 want more profit from invest/isa or the proposed service improvements cost more (in which case t212 had better be sure that is what their users want!)
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I am really disappointed right now. A broker, just like a bank, has trust as the most important asset. Those on Invest at least are here for the long run, but this kind of changes, one after the other, coupled with limitations and outages really damage that hard earned currency named trust. Plus the fact that we got told again and again that free stuff will remain free and only new stuff may or may not be monetized.
Again I am not complaining about it, I understand the needā¦ but they are becoming too much in a far too short timeframe.
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Thanks for the update @David. Can I ask how this is executed practically on the platform please? Is the charge deducted from your investment amount, for example, or is the deduction wrapped up in the FX element that is already visible in the holding screen?
Wondering if I need to factor in any deductaions ahead of trading.
If this includes out of hours trading, you can charge me 0.30%! 
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Yes, that was hopeful. What is promised is that if you wait until the end of time, Trading212 will develop multi-currency accounts within your lifetime. 
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And throw in LV2 and T&S 
Done.
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It is not the fact the funding and Exchange fees occures is anyoning. That we must expect sometimes that this will happen once. But anoying is that there are possibilits to fund accounts without credit card fees and have multi currency accounts that also helps alot with reducing the costs and even there are alternatives there are no sign from the company to implement this. That for me is a firm sign that tradign212 profit is far more important that customer satisfaction. (also the time frame was not ideal to announce this 2 fees in my opinion). I will wait and see if any improvements will comeā¦
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I can tolerate the 0.15% even though it makes T212 a lot less desirable for 2021s ISA. Iām not sure what other UK/European provider does zero FX (without fees elsewhere).
In all seriousness I would happily pay Ā£15 a month IF they just nuked that fāing Bloomberg data feed.
I just want indicative quotes that are recent, that shouldnāt be too much to ask from a broker.
(ok throw in LV2 and T&Ss and Ā£15mth would be ace)
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I canāt actually establish what IBKRs own FX fees are to compare, and what they are charging T212. Itās really difficult to establish, and I assume conversions are done in batches?
T212 essentially just has one account with IBKR, and thats split up using T212s own database.
before we ābuyā the stock, will/can we this āFX feeā be included to the purchase breakdown?
e.g like we already see stamp duty etcā¦
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I have to assume that would be a given. Would be pretty sneaky to list those and not list the FX fee.
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Just gotta makes sure though boss
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What I am impressed is that we are seeing this heads up a month before and not in May. So I think thats a +1 for communication. Or maybe a +0.15
I assume we may even get an email to alert the other million customers plus that donāt read the thread. Otherwise all hell will break loose in the forums.
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Disappointing 
The whole selling point of Trading212 is that it is completely free.
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The other way around, this new fee is a confirmation of why they clearly said itās not in the current plans to have multicurrency accounts.
Seeing a new fee being introduced is never a pleasure, but 0.15% is more than acceptable for me.
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I hope that with the introduction of the FX Conversion Fee, Trading 212 starts to include all the FX Conversion Rates used on the Dividends and on the withholding taxes, both on the Web App, Mobile App and also on the CSV transaction history.
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Also I hope that Trading 212 with this new fee, it shows on the Web App, Mobile App and also on the CSV transaction history.
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Itās also relevant that these fees appear on the annual tax report when they start.
We need all the disclosure and transparency, including the National Tax Authorities.
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Be aware that, at least in the UK, currency conversion costs are not deductible against profits. If you buy a US stock for Ā£1000 + 0.15% conversion fee and then sell for Ā£2000 - 0.15% conversion fee you have a taxable capital gain of Ā£1000, not Ā£995.50 (ie not Ā£1000 minus the Ā£4.50 that you spent on currency conversion.) Broker transaction fees are deductible.
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Iām not sure thatās right. Your forced to buy with the fx conversion so the net proceeds of the deal can be used.
from someone i know who uses IB apparrently:
The FX conversion is only applicable when converting currencies which is completely up to you.
You can leave your account in GBP and when you buy USD equities you will borrow USD at
0.2 basis points is 0.002%.
With IB you dont have to currency exchange, they basically open you a position for you by lending you on your account value
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