Trading212 account

piaget · 08-01-2025 01:13PM #1

Looking for some feedback from anybody using a Trading212 account for stockholding, not CFD's. Was it easy to set up, how was lodging and withdrawing funds and executing buy orders.

Still using Degiro but a lot of trusts and EFT's are not on it. Realistically how much money would you be comfortable leaving in it.

Trustpilot reviews all seem very glowing but would like to get this forums perspective.

Thanks

conor1979 · 08-01-2025 02:13PM

https://www.boards.ie/discussion/2058387058/trading212-account

I use it and have for a few years. I can't remember much about the set up but if I was able to do it then I'd say it was handy enough and any fool can do it!!! 😁

Lodging is easy, link a bank account and its straight forward enough, I don't use lodgments by card because there is 0.7% fee for that, although I think it is quicker than through a bank account so if in a hurry and it is worth it then fair enough.

Withdrawals are easy enough too, 1-3 days to receive funds back into your bank account once requested.

I leave spare cash on my account and take advantage of the interest that is paid daily on it.

It is just a bit of a side "hobby" for me, I haven't got my life savings invested, but happy to put a small amount in every month and leave it in there to grow for the next couple of decades

Mister Vain · 08-01-2025 02:32PM

I've been using it for a few years as well and have found it to be very good. The app is nice and easy to use. As for how much money to leave in it, I think you're insured up to 20k.

piaget · 08-01-2025 04:02PM

Thanks for that both of you, seems to mirror what other reviews are saying, looking to just dripfeed savings each month with a 10 year timeframe for growth.

daheff · 08-01-2025 05:12PM

another happy customer here too. The only downside is that they do build in a spread over the market price when you buy to cover their costs. Fine if you are buying small amounts, but if you have larger value purchases I'd go to a different provider.

i mainly use it for small regular purchases (over Degiro) as its more cost effective.

Layne · 08-01-2025 06:09PM

https://www.boards.ie/discussion/comment/123033169#Comment_123033169

Got this from the Trading212 website, it implies protection upto €1 million:

Trading 212 Markets Ltd. Protection

Your funds and assets are protected by the Investors Compensation Fund (ICF) for up to €20,000. You can learn more about how the ICF operates here.

In addition to the ICF, we provide our clients with free private insurance from Lloyd's of London, which provides coverage of up to €1 million.

j62 · 15-01-2025 08:33PM

Use it for over two years, up and to the right, fees are much lower than degiro

They also send proxy voting emails for all the AGMs which degiro dont

Be careful with pies, just like the ETFs that are stupidly taxed in Ireland they can create a headache keeping track, I avoid them

They have a lot of fractional stocks and extended hours can be useful at times

They also have JAM which degiro dropped a year or so ago

Got their card also few weeks ago and that works fine, seems they heading in direction of Revolut but from the investment direction

The almost daily interest on uninvested cash is nice and I suspect a way to get people into their app daily

I have a strong suspicion their fintech platform is built on top of interactive brokers

Overall much happier than degiro, I’ve my investments split 50/50

piaget · 16-01-2025 01:32PM

https://www.boards.ie/discussion/comment/123059841#Comment_123059841

Cheers for that, I am going to head that way with the 50/50 split, the card might be useful as well

poop emoji · 17-01-2025 10:21AM

Can someone with 212 account please check it Aramco is available

Or if there is a way of checking which stocks are available on their site

Cheers

11-02-2025 03:12PM

Am leaving Trading 212 because if you have any problem they appear to use an AI answering system and takes weeks to get a problem solved + I was unable to accept the excuse provided.
I had an unverified payment method appear on my account which curtailed withdrawals and it took 7 weeks to get it resolved with the answer after rasing a regisetered complaint that; it was a glitch in the system and agreeing that I never had such a Bank A/c nor had any transaction to my a/c through the fake unverified bank a/c. They refused any activity on the account for days while they investigated and then never even gave me an apology for their "glitch" mistake.
Warning: check your payment options in Manage Accounts to ensure that all those listed are marked as; "Verified".

decies · 15-02-2025 06:54PM

I just joined trading 212 yesterday to compare it with Etoro which is my main platform . Am going to try a few PIES which seem to be like Revolut Robo advisor !!

linking my current account , I tried to use AIB visa debit to deposit and it mentioned contact bank about 3 d authentication, I contacted bank to get that sorted , tried again and says to contact trading 212 !! I can use Apple Pay to deposit .How does it compare to Etoro ?

battiato · 16-02-2025 02:10AM

Regarding the 20K protection, is that also for securities / stocks? or just for uninvested cash? if so, up to how much the investments are protected?.

decies · 24-02-2025 08:35PM

Am enjoying my trading 212 experience I must say , got my Mastercard few days ago , I find the business notifications useful . Glad I signed up

Calahonda52 · 27-02-2025 12:20PM

Is this platform suitable for disposing of a small amount of shares over a few years?

Thanks as always

Trading212 account

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