FX Fee: This is the only fee directly charged by Trading 212 for Invest and ISAs. Set the leverage to retail (automatically it is set to pro) and trade stocks. Like all of us, I’m aware that 212 is introducing a new fees for debit cards in 2021. Being FCA regulated makes me comfortable also investing with the platform. I love this shit i bought tesla and earn 2 % sold that shit and withdraw it works perfectly and i like there ain't no big fucking fees like other brokers have i buy the stonks with trading 212 Basically my Bank is issuing a fx fee a hefty one as well 3. ADMIN MOD. Fees Trading 212: Invest - Min deposit - EUR 1, USD 1 Deposit fee - none min withdrawal fee - EUR 1, USD 1 Withdrawal fee - no fees I can fund Trading 212 using PH credit/debit cards no fees for the first $2000 after that 0. It's . The OFC of 0. 80 for the 2 AMZN). I would recommend it as you're buying the underlying asset using this broker, unlike it's competitor eToro which offers only CFDs for ETF. Btw, you don't need referral to get the free share. Fees: Trading 212 charges an FX fee of 0. fx is about $2 per currency exchange. That’s pretty darn expensive considering that fee didn’t exist last week. There are three account types available on trading 212: CFD, Invest and ISA. I'd personally pick a combination of Vanguard and iWeb to minimise costs. I've just checked with them and you are correct. Available in 13 major currencies with plans for expansion in Europe. Essentially I want to get my USD in Revolut over to my Trading 212 Invest account in USD Trading 212 can lend out shares, and they are under no obligation to return them. 7% fee for deposits to Invest/ISA account via the below methods after you have exceeded a fee-free limit of £2000 total deposits. They're making a DD style deposit Trading 212 - Invest in stocks and ETFs in a currency different than the euro? Interactive Brokers (the currency conversion fee is much lower (0. IB includes currency conversion fees: 0. So you need to keep records and potentially declare and pay taxes on your dividends and capital gains. If it's not that then it must be a misquote, otherwise you could buy at T212 for 7012 and sell at capital for 7069 and wait for prices to realign to make an easy profit! CFDs they can set the price they want. If you have a good wedge of money, the pies on 212 are good. 07. I think Id prefer robinhood interface more but time will tell. A fee of 0. There is no inactivity fee even if you leave your account idle for a long time. Occasionally it takes longer. Also it's a reputable fintech in UK regulated by FCA. But the idea is, this allows them to keep lower fee's on shares you do buy and sell. The cost depends on the specific stock, and you can look them up on the Trading 212 website. The trading fees are high but they are transparent. 2% on cash. 0001) with a minimum fee of $2. I've had withdrawls via refund within a few hours. Or check it out in the app stores Fidelity vs Trading 212: Fees, Platforms and Offerings Compared However one of my friends claims to have funded his 212 account directly with a credit card. Revolut / Trading 212 / Wise Interest Accts. It seems now that we'll be able have unlimited trades with both 0 commission and 0 FX fee. hyperblue128. If there anyone also using T212 which credit/debit card are you using? I used these 2 debit cards and these the cost per dollar as of July 12, 2023 7:00 PM. This is the unofficial subreddit for discussion of the Trading212 platform. 71K subscribers in the trading212 community. There you can add up all the fx fees. Robinhood’s Get the Reddit app Scan this QR code to download the app now Trading 212 raises € interest to 4% paid daily Investment (trading fees not included) if you've I previously used Hargreaves Landsdown and really liked the platform tools, offering, and analysis, but the fees were comparatively high. e. The refund doesn't go into the account instantly, it takes a few working days. 07%. Find the best posts and communities about Trading 212 on Reddit. I use Trading 212 as my main broker since 2020, and I regularly try out new options when new brokers emerge. 15% but that doesn‘t make it more than 0. Tiered pricing on share purchases is about $0. The problem is the lack of funcionality and stocks/options. Download the KID and have a read. Full control. I wasn’t sure if it was just T212 or it was same with other brokers too. It's up to you if you want to trust a platform that makes its money from CFDs. Before you put your own money down I reccomend using their practice accounts. 469K subscribers in the WallStreetbetsELITE community. Edit: an isa account is tax free, and your shares can’t be lent out for shorting. And freetrade doesnt have the full stock market, unless you pay a subscription fee, in which case you might as well just go on hargreaves anyay. T212 is not incredibly better, but I found that the spot-price was marginally better and the FX fee was a lot smaller than FT. As for Freetrade Vs T212 the interface is simpler but there are a few more fees e. If you have a proper strategy which reduces chopping and changing T212 is a great offering. 71% and even as high as 120. Reply. 7%. Made the withdrawal through the app at 9am, got the money in my account 3pm the same day. For that you get charged an overnight fee. 7% will apply thereafter. What's new 50/50 profit split. Share. SpacevsGravity. 002% vs 0. Hi there. As someone with limited financial knowledge, I found the platform incredibly user-friendly and intuitive. Instead they will return collateral at 102% of the price the shares were lent out at. T212 will save you the account fee of 0. •. All fees considered, 212 is still a lot cheaper than a lot of comparable alternatives. Matthew Pace. The words stamp duty next to the number £2. It's 0. We don't moderate (much). CFD trading involves using leverage which is essentially borrowing money from the broker, in this case T212. Reply reply. Award. Trading 212 fees at a glance. But! I am a new trader so it'd be nice to hear from more experienced people. 3 working days is usually the max it'll take. Deposits via bank transfer and instant bank transfer will remain free of charge, however, you should consult with your bank on whether they apply any fees on their side. The app is great, user interface is really good on desktop too. Here's a brief summary: Stamp Duty Reserve The way I see it, Trading 212 is free, zero fees. Anyhow, I prefer to trade with Coinexx because they offer more leverage and better trade execution. Fidelity vs Trading 212: Fees, Platforms and Offerings Compared sortter upvotes effectively forcing users to use the official Reddit app. 29% applies to any platform you buy the fund in, including T212. From now on il be using wise to send the money to save 60 bucks as im planning to put 20000 nok every month into my account 5 Share. Add a Comment. I have heard horror stories about Revolut (KYC etc proof of funds) but it seems the easiest one Yep, as others mentioned, it usually takes 24 hours. I was wondering if Trading212 is really 0 fees when trading as I read. 35 to buy 2 shares of AMZN for $6900, so again tiny. With T212 you decide how to allocate the capital, with moneybox you are passively investing into their selection of funds. Hell same goes for anyone that has returned an item to a shop that was paid for using a credit/debit card. In fact, I am fairly certain that credit card companies make provision against this type of thing - 212 give their clients In general Trading 212 is really good, except the very limited funding and withdrawal options, they changed their policy to charge fees for credit / dept cards deposits, the only free deposit is bank transfer, but my main motivation to move is to have everything under one roof, instant funding and withdraw, i am not comfortable having my bank, a broker for trade, a broker for crypto. My question is, in the cash ISA you can get 5. MembersOnline. Trading_212 We're offering those products in our Invest/ISA account, and we don't apply any fees for holding them long-term. So as I’m in the UK I would buy VUSA. 000166 x quantity sold . • 4 yr. 5. Trading 212 has all the ETF's I'm interested in and has a cleaner platform, which I like. Trading Commission: Free. 15% yearly account management fee in addition to earning money We would like to show you a description here but the site won’t allow us. So, for 100 EUR you will pay 0. 💡Idea. 00015 GBP/USD. Fund T212 via bank transfer in GBP from a normal current account. I am being asked to use my old cards/bank accounts from many many Get the Reddit app Scan this QR code to download the app now. Yes if you trade 100$ back and forth without ever making or losing money on the trade for 20 consecutive times then you‘d lose 6% of your 100$. Much lower than Freetrade but not zero, 15p per £1,000 vs £4. Has anyone geeky any info on how to change to bank deposit to avoid fees? Thanks. 1%, however when you look online the TER should be 0. The leverage on most stocks is 1:5 so not that high. 15% fx fee was high, but for those of us that often make large volume trades - even 0. Fees, TR charges 1 euro per transaction (monthly saving plans are free), Trading212 is commission free, but charges a 0. You get the interest daily. 150k withdraw i got it 2 days later . Is those extra 0. If not via refund, it has taken longer. 15%), but it only compensates for larger amounts - even here Trading 212 may compensate) - Invest in Options? Definitely, Interactive Brokers By the way, Trading 212 uses Interactive Brokers Robinhood keeps your fund in USD, No ISA, You cant buy fractional shares with Limit order, Better screeners, Volume Indication, No pie style investing, No fee other than 0. I personally wouldn't hold something for longer than a few days using leverage. IB includes commission fees: 0. The system will always first check the currency in which your transaction is. For TDA and Trading212 you'll hold the actual ETFS. trading 212 vs etoro review 2020. Sort by: Search Comments. Saves me a lot of time and fees, ditching complicated processes. Also you are more protected by law with an isa account. When I go onto instrument details on my Bookies, PayPal, Trading 212 are all the same. Related Trading 212 Mobile app Information & communications technology Technology forward back r/trading212 This is the unofficial subreddit for discussion of the Trading212 platform It seems they're pretty popular in UK like Robinhood in the US. Briefly used Freetrade because I was spammed non-stop on Reddit and Twitter by multiple people making me use their links with promises that the platform was the best. I finally signed up to vanguard the other day then found out 212 exists. Trading212 make money on their CFD products in addition to other revenue streams such as earning a higher amount of interest on client's cash balances than they pay out, lending out shares, charging a 0. This makes it a no-brainer ISA pick over competitors like Vanguard, AJ Bell and Interactive Investor, yet I don't often see it recommended. O que acontece é que o preço a que eles te deixam comprar um activo é superior ao preço real no mercado e o preço de venda é inferior ao preço real. JohnathonTesticle. 📈Trading discussion. Trading 212 has recently launched an ability to clone other users’ investment pies. Its difficult to day trade on the Invest/ISA platform as if you scalp or anything like that they will ban you. This said, avoid at all cost trading 212 (or eToro). 2021, we are introducing a lifetime limit on free deposits via all payment methods other than Bank Transfers & Instant Bank Transfers (Open Banking). 85. Went with 212 because it's the cheapest, I don't buy foreign stocks so I don't worry about fx fees. PS: IBRK is good in any scenario, i’d choose it over all EU brokers. French Financial Transaction Tax. You can decrease the FX fee by using Revolut, I converted the 100 EUR to USD and transfer it to Lightyear, this way you avoid the 0. I've been using Trading 212 for around four years now. 15% FX fee from April 4th. So if GME went to $1000 a share, I will only be compensated for $210 per share when I try and cash in on the shares. So it seems, that even after I have talked with customer service, that it is very very difficult to withdraw my hard earned money from your platform, making me lose money in the process because it stagnates and I have to wait. For example the first time you set a limit order or stop loss it’s free but then it costs money to change it, and other similar fees hidden in the mix. 212 don't offer OEIC funds like the All-Cap. 15% to convert EUR to USD. For my goals (long term investing >10-20 years with 90-95% in an ETF with 5-10% portfolio for active investing in stocks that interest me/I feel may grow) I feel switching to a S&S ISA with Trading212 and putting the equivalent money in one of the two above FTSE ETF's with Vanguard would offset the platform fee and would allow me to keep my In this case, Trading212 will lend your shares to someone else, and earn the fee's on it. This is tiny if you are exchanging $20,000. T212 is for amateurs and long term investors only. While IB's platform is clunky and not user-friendly, and their website is slow, clunky Trading212 unveils the T212 Card, revolutionizing user finance with 0. As in fees I haven't noticed much difference. Neither of the two is ideal to invest. They don’t have to if they don’t want. 😉. Trading 212 fees (blue line) include the 0. So I'm looking at Key Information Document for SXR8. Trading212 doesn’t charge anything, but you will incur a 0. • 3 yr. Does anyone know how much the overnight fee is in CFD? Example 1 share of AMD: $ 95,-. I day traded a bunch of stocks today and got hit with £60 in FX fees overall for the day. Thanks for the input, it helps to give a totally accurate comparison. They are shady brokers regulated in Cyprus (which is known for lax banking regulation and home of thousands of scammers). 15% FX fee. The basic withdrawal fee is $0, but some transactions may cost more. I don't know about Trade Republic but I use Trading 212 and love it. If I recall correctly, Vanguard charges a fee for trading ETFs. [deleted] • 4 yr. Anyone who isn't concerned about accuracy of pricing data, speed and reliability of orders and execution but is concerned with the costs of trading. 03% what T212 takes or is it some mistake? Аll the costs associated with the ETFs are reflected in their price, and we deduct no additional fees. 0. Keep an eye on exactly how much you’re paying out with this new fee addition because it seems to be adding up quickly. FINRA Fee is charged on all covered stock and ETF sales at $0. This fee structure makes it particularly appealing for traders with smaller portfolios. It says that the annual management fees are 0. Read our full review of Trading 212 for info on safety, trading platforms and funding. Trading 212 to introduce fees for some payment methods after reaching £2,000 deposit threshold 📰Trading 212 News From the 04/01/2021 Trading 212 will introduce a 0. That's the best way. Ive been using trading 212 invest account and I find it more convenient for small trades. There is a 0. George_Oscar_. If the balance is enough, the transaction will be executed in the same currency. 1. This makes a significant enough impact on my returns and alongside; the wider range of investment instruments, the £0 vs £3 ISA fee, and the subjectively better app and website, T212 was a no brainer to move to. 16 59. Investment account involves using your own money hence no overnight fees. As an example you'd need around £25,000 invested with Vanguard to pay that much in fees. So I know most people on this subreddit will be avid trading 212 supporters but for those looking for an alternative or just want a slightly larger stock selection of two trading/investing platforms might want to check out this video that compares trading 212 and etoro in regards to interface,fees Switch to a cheaper broker for your ISA and continue to invest in All-Cap and do your stock picking in a non-ISA 212 account. -GOTyme - 1$ = PHP 55. Usually a day, but I've had up to 3. One thing that bothers me is that they don't accept deposits via debit/credit cards, I hope they start that soon. We split all interest equally with you. I embrace fintech when regards with investing, that's why I recommend and use these platforms. You can export your history in csv and then open it in excel. . FakeBedLinen. Or check it out in the app stores Moneybox vs Trading 212: Fees, Platforms and Offerings Compared A Trading 212 não te coloca a negociar diretamente na bolsa com os outros investidores. Eles é que fazem o negócio por ti através da Interactive Brokers. 45% on FX and less features. This represents an unauthorized appropriation by Trading 212 UK Ltd and a direct loss to my person totaling $194, i. 15% that's pretty cheap. There’s a euro and USD version I’m sure. Discuss, learn and request help on how to obtain, budget, protect, save and invest your money in the UK. 15% fee. Jun 17, 2024 · Trading 212 charges low fees for trading stocks and ETFs . Trading 212 pies are probably my I've recently started using Trading 212, which I'm enjoying. Transfer all to Trading 212 and just use an ETF instead. No monthly subscription. Custody Fee: Free. T212 has a long waiting list (so it's essentially off the table) and Freetrade costs £36 a year for an ISA. 15% adds up. 3%, and it is applied on the purchase of shares of companies located in France Trading 212 Deposit fees (2021) and Pies. Enjoy actual free discussion. 15% FX fee, since they do not charge a commission fee. 50 per £1,000. Basically you’re charged 0. Trading 212 - 4. 01. Transaction Fee (Securities and Exchange Commission) is $0. 0008% of the value of the sell order. I started dipping my toe into the Trading 212 share dealing platform (not CFDs) around the crash, because I wanted to get my money in while it was low to maximise the gains, but I didn't have enough to invest how I wanted on S&P 500 Help on Trading 212. Reply reply Top 1% Rank by size That’s why, starting from 04. • 2 yr. If you're making less than £2000 in dividends and harvesting capital gains below £12,000 a year you won't pay any tax. On 05. 7 days ago. Personally, I'm targeting Trading 212, as I've read somewhere that you can deposit via CC, which could cut fees a lot. But that doesn‘t happen, you pay different amounts of money for each of those 0. You don't get anything for it directly. I would say IG is better because the app is more detailed (plus it offers spread betting), while Trading 212 is good on pc but the app, for how easy it is to use, it lacks features. But they are a pseudo broker, meaning you interact with the market the way they want you to and in a reduced capacity. They arrive the next day most of the times. Trading 212 is fully regulated by the Financial Conduct Authority so it must take steps to keep your money safe such as by holding it in a separate client account. I love that it's completely free - zero commission, zero fees, no withdrawal fees. And passively paying fees. As title. Related Trading 212 Mobile app Information & communications technology Technology forward back r/trading212 This is the unofficial subreddit for discussion of the Trading212 platform Get the Reddit app Scan this QR code to download the app now. They only know when they've completed their process on the funds. 005 per share (above assuming a share of value $100), with a minimum fee of $1 and a maximum fee of 1%. Related Trading 212 Mobile app Information & communications technology Technology forward back r/trading212 This is the unofficial subreddit for discussion of the Trading212 platform If you're trading low volumes, Trading 212 is absolutely fine in my opinion. But once your capital start growing, the spread will make a difference and eventually Degiro will become cheaper (even with the fees). There’s a small overnight interest swap charge when holding CFDs overnight. Vanguard on the other hand make money on the 0. Well, DEGIRO is a nice broker. So basically I can buy and sell stocks as much as I want during the day and nothing will be charged for the transaction? Or is there some limit anyway? We would like to show you a description here but the site won’t allow us. If your balance is not enough, the system will then check your account's base currency and use it for the transaction by converting to the currency of the payment. 2% interest paid daily into your account… I would suggest you practice with CFDs for 1 year minimum on Trading212 practice account. 15%. 07% annually in fees from Vanguard. I like to usually trade £15-£20k swing trades few times a week on different stocks and the FX fee just seems pretty high. 15% FX-fee. The French Financial Transaction Tax (FFT) is 0. It's set at 0. T212 makes their money from CFD accounts, where nearly 75% of people lose money. The commission-free trading is a fantastic feature, allowing me to build my portfolio without worrying about excessive fees. Trading_212. 5% of the transaction. TechEn92. Amount of shares x by overnight fees = amount of interest you pay for holding shares overnight. You are speculating on if the price of an instrument will go up or down. Funding via Credit/Debit Cards, Google Pay, Apple Pay and Skrill, will remain fee-free until you have deposited £2,000 in total. Apparently, 0€ commission brokers have always found ways to charge us some fees, usually FX fee. Can withdraw whenever, it’s instant access. -BPI - 1$ = PHP 57. For funds I have found that t212 is lacking, but HL has a huge selection of funds which I like. I'm using Trading212 to buy SPHD it's a low volatility high dividend yield ETF which pays you monthly dividends with like 5% yield per year. 15% fx charge on £2000 is £3. Unlike traditional brokers that charge hefty commissions, Trading 212 allows users to execute trades without incurring additional fees. The graph looks like the expensive one is more up to date, it's got an extra candle stick. g 0. , (240-142,5)*2. You have found the place. 2% for your uninvested £'s. 15% FX fee on top of the spread so chopping and changing overseas shares (and to a lesser extent UK shares) will start adding up. 15% in FX fees but only if you buy it in another currency other than your own. Basics: CFD - "Contract for difference" When you trade CFD's you do not own the underlying asset. How share lending works We borrow shares from your portfolio and lend them to borrowers. Makes investing super easy. IBRK, had a monthly fee (recently they took it off) and, it’s a bit more complicate to use. TDA is used by a lot of people in this sub, but you have to deposit large amounts at a time to justify the wire transfer fees. They say that there is a buy/sell spread, currently 0. r/trading212. xinp4chi. 15% when you are trading a large amount (would be $13. Setting and forgetting one or two very broad GBP based ETFs can't be beaten with T212. 37%. What am I missing with trading 212? Trading 212 has 0% ISA fees and £0 trade fees. Trading 212 is a decent broker to trade with. Total returns has something to do with the broker and that something is the fees. 2% interest is live for £. Anyone used these for larger amounts - all are protected by FSCS because the funds are held with FSCS regulated banks. Not saying that their 0. Trading 212. Decisively safer. 35 EUR in fees. Pros: The UI is polished and simple. There's no commission per trade. Seeing a lot of discussion (much of it negative) around Trading212's most recent fee introduction - 0. So, I took a look at some of them - there are pies with 8 % return, 10%, 12%, 56. Shared pies in Trading 212. 212 is ok but took about 18 months to open an account, which isn’t a good sign. Hope it helps you. I've been looking to invest in the S&P 500 for a while now and am getting confused, its probably a stupid question but on Trading212 is the 'Vanguard S&P 500 London Stock Exchange' just the American companies traded in British Currency or is it the British equivalent of a selection of British companies? Trading 212: Invest - 446 EToro - 151 - although they do have ones like SPY, VOO and VTI 3. More than 5 years ago I read “The intelligent investor” by Benjamin Graham and I consider myself as a value investor. Took me one working day, from Trading212 to Lloyds. 2 basis points (1 bp=0. I prefer other brokers for larger transactions with trading fees as it makes sure that I want to place the trade and have considered my exit strategy. 02. And of course daily interest on uninvested cash. 2. You can open an account with Minimum of $1. 03% fx fee during deposit or withdrawal. Fee for ETFs is a few dollars. Around 5%. “While it is never 100% safe to your money One is a brokerage, the other is essentially a low budget money manager that allocates your money for you. 99 means it was stamp duty and not a ‘fee’ Also there are fees they’re just hidden. You can check the issuer's website for more information about the fees & costs associated with investing in Leverage Shares ETPs. I actually switched from Freetrade to T212 for the extra feature and lower fees but if it's simplicity you are after then maybe Freetrade is right for you. There is no catch. Invest/ISA Help. When I go to autoinvest in my pies I only get the option to fund them through my debit/CC. 5% cashback on your purchases, free ATM withdrawals for up to £400 per month, 1% ATM fee applies thereafter. Trading 212 does it for free therefore if you want to buy ETFs Trading 212 is better. 07% on my screen. 15% on Foreign Exchange for all transactions, which includes dividends, that are in a different currency to your account. Fidelity vs Trading 212: Fees, Platforms and Offerings Compared The official Python community for Reddit! Stay up to date with the latest news, packages, and meta Trading212 is introducing a 0. Revolut is a licensed bank in Germany (and many other EU countries). We then receive interest in exchange. CFD's are a leveraged product which means that you borrow money on "margin" from T212 in order to Withdrawing money from Trading 212 - impossible task. ago. Cheap, friendly and quite transparent. Up to £85,000 of your money will also be protected by the Financial Services Compensation Scheme if Trading 212 becomes insolvent “. It is less than Trading 212's 0. And albeit IB is cheap, you still pay small commissions and have to pay for market data if you don't use it monthly. It has to be Monday to Friday though. IBKR has some fees. The amount isn’t relevant, my point is this fx cost for buying and selling shares in another currency should already be deducted from your realised / profit gains display in your account. 2023, we’ll begin rolling out our new share lending program. They are extremely cheap. Vanguard Funds on Trading 212 I feel like I must be missing something here, so I'd appreciate a more learned eye. As for government taxes & levies, these are not charged by Trading 212 but by the relevant exchanges and tax authorities. If you have accounts on both, you may simulate it yourself, checking the prices for buying and selling. I am rather incredulous about this, because I work for a big UK stock-broker and I know that we would never accept a credit card. ky mk pk ay jv cw ma rj mt kk