What do you mean by misleading ads ?
Iām sure itās a blanket ban or I could say this car is Ā£5000 Iām now going to charge you 5% for a credit card (which is illegal) Iām not sure how it changes for them? Seen as they havenāt answered Iām pretty sure they will address the UK independently in the next notification we get about the charges.
I just donāt see how they can do it
I wonder, what and how does T212 break anything?
I read the link, rule to prohibit merchants from making money on transaction fees, however it states that it is OK to charge the transaction fee to cover costs. What is not OK is overcharge for profit.
In the vast majority of other circumstances surcharges are capped at the cost to the retailer for processing the payment
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Ah, think it is only available to UK.
How the rules are changing
The new rules, which will be laid down in law, will mean ALL surcharges are banned. So there will be no charges for paying by debit or credit card, including American Express and linked ways of paying such as PayPal or Apple Pay.
The rules will apply to any UK company which is selling to UK consumers. Weāve asked the Treasury for a full definition of what it considers to be a UK company, and whether it could apply to a company that is not registered in the UK but does have a physical UK base. Weāll update this story when we know more.
Itās worth noting the new rules wonāt just apply to the UK. As this law is following an EU directive, companies across the EU will also be banned from charging these extra fees.
Exactly how I read it and tried to say.
Similar to how people try to charge Ā£1 for an item and then charge Ā£20 for postage. Itās like them saying no postage needs to cost maximum how much it really costs
It really isnāt referring to these legit fees. Iāve been through many dodgy websites which right before you purchase say thereās a huge transaction fee worth the same as the discount theyāre offering 
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This rule is in EU since 2018. And surcharges are not covering costs of transaction.
Check TW they charge fee to use card for top up.
Hopefully this doesnāt backfire as companies can charge a service fee as long as they apply to all payment methods so they could just introduce the fee for all methods.
You canāt add fees for any payment method regardless of whether it applies to all methods afaik. Those pesky Europeans protecting customers and all thatā¦
I havenāt read the legislation myself but moneysavingexpert says this is possible.
It looks like in this case the UK law is stronger for consumers in this case as UK law also bans surcharges for payment systems such as PayPal as well as debit/credit cards
Are there any other fees to expect in 2021, please?
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I had to apply this to my businesses back when it was introduced and it was a clear cut no fees no charges blanket ban, if Iām wrong Iām wrong but Iām sure that Iām not
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My guess is that perhaps when you are topping up an account i.e. you arenāt technically buying a product/service you are merely depositing funds - that this rule doesnāt apply?
If not the case then I agree with Lenos, donāt see how a fee on just credit/debit cards is permitted having read the various articles produced on the regulation.
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The B2C surcharge ban applies where:
- the consumerās bank or card issuer and the payment provider of the merchant (i.e., Stripe) are both located in the EEA; and
- the consumer makes a payment using a debit or credit card, or an EUR payment using direct debit or credit transfer (i.e., a SEPA payment).
Even if the surcharge ban does not apply, the amount of any surcharge imposed cannot exceed the cost incurred by the merchant in accepting the particular payment method.
The scope of the surcharge ban may vary from one country to another ā for example, in the UK, HM Treasury has extended the ban to include B2C payments made by payment cards issued by three-party card schemes, such as Amex, as well as other means of payment, such as non-EUR direct debits, Apple Pay and PayPal ā but weāll continue to monitor the implementation of the surcharge ban (and PSD2) across Europe.
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Yeah my guess is that this kind of debit/credit card activity is exempt from the chargeā¦ as of course otherwise a customer could top up with Ā£100k, withdraw Ā£100k and repeat - costing the business thousands of pounds purely for providing a āvirtual walletā of sorts. That would explain why the charge is only the amount needed to cover costs i.e. not exceeding cost incurred by merchant.
Right before the next tax year 
Regulations 10.3 and 10.4 appear to allow latitude to charge a fee that is right as an average over payment methods. I am not a lawyer. I expect Trading 212 have taken proper advice and are acting within the regulations.
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Thatās 4th of Januaryā¦
lol yes youāre right read that in wrong!