I have noticed versions of ETFâs people ask for, like the ARK UCITS etfâs, and the Pound Sterling currency versions of various iShares ETFâs, available on LSE-- that are NOT available on T212.
I noticed with every UCITS ETF thatâs unavailable on T212,
They are able to be purchased on IBKR â BUT
They are UNAVAILABLE in fractions through IBKR. Whole shares only.
My question: Is the fact these particular versions of the ETFâs are non-fractional, the direct causation of why these ETFâs are not being added by T212?
People have asked for these ETFâs and the only thing I noticed --on every single oneâ, was every ETF thats unavailable here, is a NON-fractional ETF on IBKR.
Just wondering if there is a way around this, Iâd rather stay with T212 if possible. Canât T212 just buy blocks of these shares and then fraction them off to its user base?
Agreed. However, it would be beneficial to also consider supporting the Getex Exchange. Many crypto ETPs are traded there, with some even offering additional features Real crypto withdrawals. Currently, I use Scalable Capital for this purpose. But would like to change it to trading 212. (For the European cuatumors ofcourse)
That stock exchange (more correctly, an Electronic Trading System, ETS) have smaller trading volume than Xetra (and as other secondary stock exchanges/ETS, like Tradegate, Lang & Schwarz, Quotrix), meaning higher spreads (worse for investors).
Also these ETS are controlled by market makers (front-running) and allied to Payment for Order Flow (PFOF) still used by some German brokers. PFOF is forbidden in UK and will also be forbidden in EU in near-future.
Gettex isnât the bigger ETS from Germany. The Top 3, are Xetra, Tradegate, Lang & Schwarz (also my preferences).
The only advantage I see for those ETS (ex Xetra) is the extended trading hours, but is a small advantage as the after hours are less liquid, specially for EUR-denominated US and other non-EU stocks and other niche stocks and ETPs (ETFs/ETCs/ETNs).
Gettex isnât the ETS with the highest number of ETPs, Xetra is the champion both in number and trading volume.
Probably you speak about Gettex due your experience with some broker you use.
German neobrokers use alternative ETS (besides Xetra) due that their trading fees are cheaper for them and some even earn money from ETS/market markers that control them, because they pay the neobrokers for PFOF.
Xetra is the best European stock exchange for crypto ETPs and other ETPs, high number of financial products and higher trading volume.
For example, 21shares have their crypto ETPs listed officially in those stock exchanges (ordered by the number of crypto ETPs):
Itâs true that I mention this exchange because I now also use Scalable Capital. Itâs a smaller exchange, but they offer more of the controversial crypto ETPs that are less available on most other exchanges. Additionally, some crypto ETPs traded on the Gettex Exchange guarantee that you can actually use and withdraw the underlying crypto. I currently use Scalable Capital for this purpose, and they are a fine broker. However, they do not focus much on innovations. I know everyone says you should buy real crypto and not trade ETPs, but I think this is a nice option for the crypto ETP investor, especially if itâs possible with Scalable Capital. Furthermore, I believe the extended trading hours for crypto provide a significant advantage. Trading 212 in Europe could potentially attract customers away from Scalable Capital due to these benefits.
If thereâs a UCITS compliant version they you might be able to get that added to Trading 212 in the EU. I donât believe any bitcoin etfs are allowed in the UK yet.
These ETFs were already asked so many times, by so many people, including me. For all listings and versions, including Accumulation and Distributing versions
I have suggested an exception, due that T212 had paused the new additions for concentrating in other features.
