I dont really understand why when i email your support, they tell me its okay to day trade with 212 no matter how many shares i buy monthly and now in your new terms and policy i see that scalping and day trading are basically forbidden. Anyone care to explain? Can i day trade (scalp)?

It would be interesting to hear from the @Team212 . However, I imagine that what they mean is that day trading is fine when this is a genuine endeavour to profit from price movements over a few minutes or hours. But they don’t want you to be placing large numbers of limit orders that you then cancel …

I hope someone from @Team212 would care to answer

@baserv It’s fine to day trade on Invest, however, scalping is prohibited in regards to CFD trading.

I’m sure there is a logical reason but that sounds pretty counter intuitive.

Yes, puzzling. One would have thought that more trading means more profit for T212. But I think it is because T212 takes the opposite side in CFD trades, and sometimes hedges them. If huge numbers of positions are being opened and closed within seconds there is no time for T212 to decide if and how …

And what about day trading inside ISA to “avoid taxes” is it allowed or somehow prohibited by regulations?

@David let me clarify. If i day trade on Invest account im fine? Even if i hold my positions open for a very short time frame?

@baserv Yes, you can, it’s absolutely fine.

Is it also allowed in ISA account?

New terms and policy and day trading

🤝 Help

baserv April 26, 2020, 4:53pm 10

@Team212 so in the end: can i do day trading and scalping on Invest account?

Scalping on the Invest platform

Topic		Replies	Views
Scalping on ISA / Invest account ⚖ Active trading	7	2143	May 20, 2020
Scalping with isa query 🤝 Help	13	4957	July 28, 2020
Scalping on invest? 🤝 Help	5	3637	August 11, 2020
Day Trading confusion 🤝 Help	5	2321	April 16, 2020
Day trading in ISA account 🤝 Help	10	12803	September 22, 2020

New terms and policy and day trading

Related topics