Hello everyone,
I want to share my absolute frustration with the current state of āsecurityā on this platform. What Trading 212 calls security improvements are, in reality, a series of critical security holes and user harassment.
1. The āAlert Fatigueā Risk I explicitly refuse to use facial recognition, but more importantly, I refuse to use the āTrusted Deviceā feature altogether. I prefer the higher security standard of 2FA via Google Authenticator for every login. However, T212 punishes this secure behavior by spamming my inbox with āNew Device Loginā emails every single time I log ināwhich happens multiple times a day due to constant automatic logouts.
By flooding my inbox, T212 is training me to ignore security alerts. If my account is actually compromised, I will miss the real alert because it will be buried under 10 other identical emails from the same day. This is a textbook example of āAlert Fatigueāāa dangerous security design flaw.
2. The āTrusted Deviceā is a Security Hole T212 pushes the āTrusted Deviceā feature as if it were safer. It is not. Marking a PC as āTrustedā creates a static point of failure. You verify the hardware once, and from then on, the 2FA protection is essentially disabled for that device. If a hacker gains remote access or if anyone else sits at that PC, they have an open door.
I choose NOT to create this hole in my security, yet the platform makes the user experience unusable unless I surrender to this flawed ātrustā model.
3. Official Complaint & Regulatory Consequences I have already filed an Official Formal Complaint regarding these issues. Under EU Directive 2013/11/EU (on alternative dispute resolution) and local regulatory frameworks (like CySEC or FCA rules), a broker cannot simply ignore a formal complaint.
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Legal Obligation: Once a formal complaint is recorded, they are legally bound to provide a āFinal Responseā within a strict timeframe (usually 8 weeks).
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The Ombudsman: If they provide an unsatisfactory response, I have the right to escalate the case to the Financial Ombudsman. This costs the broker significant money in case fees and puts their āsecurityā claims under independent expert review.
Conclusion: Trading 212 claims they do this for our safety, but they are actually penalizing users who choose stronger security (2FA) over their flawed āTrusted Deviceā model. If more users filed formal complaints instead of just posting on the forum, T212 would be forced to fix this broken workflow.
Fix the session timeouts. Implement a āView-onlyā mode. Stop the email spam for known browsers using 2FA. Stop the security theater.