My above post was awaiting approval by moderator. smhā¦ Did I lie or use abusive or defamatory language in any way to have that check? I didnāt think soā¦unless it was just a protocol
Unless someone can show me wrong here, it looks like market buy/sell will go through like normal if itās below 100. If youāre limit buying or selling it wonāt go through if itās less than 100
Uh oh uh oh looks like 212 have really messed this one up pricing customers out of the market! Looks like freetrade were genius introduction of fee but features in tact!
What does temporarily mean and why? thatās the million dollar question everyone is asking. @David
I have tried placing a market buy order for Ā£1 and seems fine.
Iāve not explored the limit order side yet
What I donāt understand is why you place limits like this and donāt explain why? I mean it is our money. I just think it would be nice to tell us why, I donāt think that is unreasonable to ask.
Thanks
I think people are overreacting here market orders where untouched as it was till now, only limit sell/buy has changed.
So if YOUR bank manager calls you and says you cannot spend your money youāll be fine with that!!!
If you only trade via limit orders then this is a disaster. Relying on market trades with 212 reputation in execution you can say good bye to getting the price you want
I donāt see how itās overreacting when there has been no explanation.
People donāt always sit in front of computers, watching charts all day and they may want to place a limit order and leave it. Not everyone has Ā£100 to spend on each order. As some have said, many want to average down little by little.
Does this affect pie orders? I got a dividend this morning and waiting for it to auto reinvest. Stuck on 0%
The new rule sucks, basically having to use market orders is too risky, you cant play the big volatility anymore if you donāt risk too much money.
We need a decent explanation why it was done. Who knows next week 500? Then 1000?
Hereās hoping that @T212 are not turning into āRobbing the Hoodā
A competent explanation detailing reasons and duration would be nice?
Doing such a thing and not providing a reason is such a big red flag itās unreal tbh.
Can someone please explain to me: if a stock cost 10ā¬, isnāt possible anymore to buy a single stock? I have to buy at least 10 of this stocks (=100ā¬)?
If really like an explanation and a duration as well, itās becoming issue after issue with T212, I swear, if Freetrade had more available securities, Iād give Trading 212 the middle fingerā¦
THIS right here is ridiculous, also posts are being held back for āmoderationā.
T212 is going down a very BAD route
Surely something like a 30 day notification of changes to trading conditions would have been warranted. This is a fairly major change.
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