[suchandsuch is posting for the first time]
Hi, please add $TRENDINGTICKER as itâs going to blow up because Twitter told me 5 minutes ago and Iâve done no DD, ASAPPPPPP
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[Cheap Stock] Easy money, please add⌠free money to everybody 
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Happy days for Trading 212 
Now letâs just hope that Freetrade and their cancer culture folds tooâŚ
I actually hope for more stronger competition⌠we all gain with that.
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I agree with you regarding competition, however, Freetrade and Robinhood are not âtheâ competition. HL and AJ Bell with their exuberant fees are. I sincerely hope T212 keeps growing and forces the âbig playersâ to drop their fees along with archaic IT systems and actually work for the clients instead of working the clientsâŚ
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I like the information on HL site, but wouldnât pay almost ÂŁ12 per trade plus fees.
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As far I can see on T212 strategy, they want to take the average consumers, people that may use Revolut, Freetrade, eToro, Degiro or were waiting for Robinhood.
You donât have like 300 thousands new users from âsolid investors or tradersâ just over few months.
Itâs a mix of âRobinhoodersâ, investors and traders (people with zero clue losing their money on cfd).
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And they say âCommission freeâ 
According to today in The Times, âShares in Hargreaves Lansdown and AJ Bell, two London-listed investment platforms that would have faced competition from Robinhood, rose by 10.1 per cent and 2.8 per cent yesterday.â
Comments below the article are sometimes bizarre.
âThis is good news - online gambling disguised as investment, really just another way to exploit the greedy and vulnerable.â
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âCancer Cultureâ Jesus
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I do think we will miss the competition, but also glad that it will inevitably mean less âfake newsâ about commission free services not coming around until robinhood got its launch. I would hope this translates to less âchancersâ trying to strike it rich without a clue of what they are doing with their money, but in all likelihoods, they will just look for the ânext bestâ option and try anyways.
I welcome the community growth, I just wish more of the new investors/traders came to the community for guidance before jumping in the deep end. Itâs not a fun time for anyone to hear about people losing their life savings from a single poor decision.
Robinhoods UK model never made much sense to me, but I guess the robinhooders could see something I was missing out on that justified the heavily restricted market access xD
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The FT also have an article of course. Robinhood scraps plans to launch stock-trading app in UK âIn the UK, Robinhood would have come up against local operators such as Revolut, Freetrade and Trading 212. All offer free trades and have mimicked Robinhoodâs slick interface and marketing aimed at millennial users.â
The comments section below the article includes the following, which seems to be from someone who knows what they are talking about. I found it an interesting contribution to discussion of Trading 212âs âbest executionâ policy vs the fact that Robinhood were engaged in payment for order flow. I would be interested to hear from @Finki who seems to know from personal experience how the brokerage business works.
âUK retail orders are to all intents âboughtâ - most are done on âRetail Service Providerâ network, which turns even market orders into RFQ, and the brokers on the receiving end respond, the best price wins - so called âprice improvementâ, which is usually measured versus LSE order book ignoring prices on CBOE Europe or Turquoise. Retail customer then gets told their order was traded on LSE. The order never went anywhere near the order book, it gets reported as on exchange but isnât really. So its similar in some respects to the US model, except for the fact that UK F250 retail order flow is blindingly small compared to the US.â
But as I understand the above, there is no payment for order flow taking place.
And Iâm by no means an expert, or pretend to know the intricacies of the T212 model, but thereâs some worthwhile videos on Youtube regarding Robinhood order flow practicesâŚ
My simpleton belief is that if youâre a day trader with RH, youâre locking a ball and chain to your ankle, which I guess, is a small % percentage of their clientele.
Partially true, partially false.
The RSP network is flexible⌠you can have a relationship with 1 market maker in the network⌠or all âXâ amount if youâre a big boy and have sufficient clout. Some new brokers (mentioning no names) are seeing order failure at the moment likely due to a limited RSP relationship.
The physical execution of the order can be on or off book. But either way it makes no difference to the end user as the order book was in effect referenced (even if traded off book) in the formation of your quote and best execution was categorically adhered to. Any RSP trade is categorically best execution.
As for the routing⌠Iâve seen Freetrade orders of mine report on both the LSE and CBOE. So I suspect this assertion is wrong. Just because you route via an RSP gateway doesnât mean the lesser/smaller MTFs are ignored - otherwise my orders would always be LSE reportedâŚthey are not. Either way there is no price difference between LSE and CBOE in reality ⌠even if you look and âseeâ there is⌠there isnât⌠intra second arbitrage takes care of this.
But, to be clear, there is no payment for order flow here. Best Execution in Europe is a different beast to the NBBO system ran in the US where flow can be bought.
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Robinhood sent out an email with the decision that theyâre cancelling their launch in the UK.
âWeâre saddened to share that weâve made the difficult decision to postpone our UK launch indefinitely. Weâll be closing our waitlist and taking down our UK website shortly.â
I couldnât find anyone talking about this so I thought Iâd be the one to mention it. Whatâs everyoneâs view on this? What about the Trading212 staff? Hopefully, this makes people more likely to come to Trading212!
Honestly, I donât think it alters much of anything really.
Tons of brokerages out there already, as long as each one performs to the best of their abilities and keeps the customers interests at top priority, im happy.
I just hope this new trend of 0% commission brokers is here to stay and more adopt it.
ÂŁ85,000 FSCS cover means most people will run into the requirement for searching for an alternative broker at some point in their life if they intend to split the FSCS cover, so in that case I hope more companies come on board to enable the end user to have more financial choices.
But, deep down I am chuckling a little to myself that RobinHood pulled out. 
This whole thread is about the announcement that Robinhood will not be coming to the UK 
.
As a consumer, I agree with adm, the more options the better. On FT they were also really happy that Robinhood is not coming, but I still think that the more options the better.
Yeah I made a whole topic, an admin moved my comment to this thread haha. Oops. I couldnât find this before but Iâm glad to have found it now.
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