They’re determined to continue with this new way of doing things.
Their only response in almost 4 months of Customers asking questions about why this change was made is that it’s “… partly due to how payments were previously handled when an account had insufficient free funds…”
The partial reason given doesn’t make sense, because the change has only (currently) been applied to the UK Market, and only to new Pie instructions. If the change was essential, it wouldn’t have been initially applied to such a limited subset, and they wouldn’t have snuck it out unannounced.
Sourced quotes from:
https://community.trading212.com/t/autoinvest-from-free-funds-has-been-removed/
T212 accounts are meant to be low cost, Customer managed products - but T212 are constantly spending their resources on making it more difficult for Customers to manage their accounts!
I’m concerned that they’re not keeping their resource usage in check, and that they’re going to end up squeezing the accounts for more fees, despite removing account options.