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?

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

Is it also allowed in ISA account?

New terms and policy and day trading

🤝 Help

David April 27, 2020, 8:06am 11

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

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New terms and policy and day trading

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