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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. tres

    Soldato

    Joined: 16 Oct 2007

    Posts: 7,256

    Location: UK

    Is it worrying to the point where you'd look to transfer a S&S ISA away from Trading212?
     
  2. DireEmblem

    Hitman

    Joined: 25 Aug 2008

    Posts: 947

    2-3 working days waiting time.
     
  3. fretted

    Hitman

    Joined: 4 Jan 2010

    Posts: 602

    It also works the other way too!
     
  4. sand_dune

    Gangster

    Joined: 5 Oct 2009

    Posts: 483

    If people want to be safe they just go to Terry or Nick :)
     
  5. dacads

    Capodecina

    Joined: 3 Sep 2012

    Posts: 11,146

    Location: Valhalla

    Hi guys

    Anyone with a s&s ISA? From what I've read investment trusts would be Best for investing in for one of these?

    I'm new to the game so still learning all the jargon such as NAV , yield etc.

    I know it's more a long term game so not expecting a quick buck, would be good to see returns in one to 3 years

    Can anyone tell me of their experience ?
     
    Last edited: 29 Nov 2020
  6. mr tommo

    Soldato

    Joined: 13 Dec 2004

    Posts: 5,395

    Location: Stoke-on-Trent

    Re Trading 212.

    Been with them for 6 months now on the CFD accounts. Sometimes using leverage, sometimes not.

    They are definitely struggling IMO. Outages at key points (US election day for an hour at open) - went down at other key points too. Currently I'm unable to buy anymore Tesla or Xpeng and thats been the case for the past week now.
    The same happened to me when Aston Martin were having the rise after their lows of April, unable to buy more but could short all I wanted.

    I had a great run the past couple of months with the EV's, and day trading with Nio, xpeng and Tesla the past few weeks (in addition to long positions) - but switch over to their standard Invest account on Friday as just unable to buy the shares I wanted via CFD.

    EDIT : I tried to buy IDEX last week via CFD and there is a 20% spread.

    I assume money in their investment accounts is protected similar to a bank?
     
  7. Jokester

    Don

    Joined: 7 Aug 2003

    Posts: 42,739

    Location: Aberdeenshire

    Some one in the crypto forum was saying T212 was pulling out of crypto trading so sounds like something is up for sure.
     
  8. DireEmblem

    Hitman

    Joined: 25 Aug 2008

    Posts: 947

    Thats part in par with a change in regulations I think.
     
  9. sand_dune

    Gangster

    Joined: 5 Oct 2009

    Posts: 483

    You invest into anything you fancy. With s&s ISA you do not pay capital gains tax.

    Different instruments have different performance and risk. I just made 25% in 10 minutes shorting gold.
     
  10. sand_dune

    Gangster

    Joined: 5 Oct 2009

    Posts: 483

    I bought TSLA cfd a week ago no problemo.

    I was never unable to buy anything on 212. Maybe its because i trade really small amounts 100k max. Joking! Actual small amounts.
     
  11. dacads

    Capodecina

    Joined: 3 Sep 2012

    Posts: 11,146

    Location: Valhalla

    Thanks I signed up for HL but not impressed by the £11.95 entry and exit charge.
     
  12. Sirrel Squirrel

    Sgarrista

    Joined: 5 Aug 2003

    Posts: 8,046

    Location: Essex

    I'm looking at putting in some longer term investments. I've been playing with the T212 app and it looks nice and I like the way their pie investments work but I keep hearing a lot of negatives about 212. Is there another platform I should be looking at?
     
  13. Basher

    Sgarrista

    Joined: 18 Oct 2002

    Posts: 9,152

    I use Aviva (mainly because my employer pays all the fees) and my wife uses iWeb (one off fee + trade fees. No ongoing platform fee)
     
  14. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,989

    Location: Europe

    T212 did stop nearly all of the more popular CFDs for some time, and introduced giant spreads on stable stocks during that period too.

    They also changed margin requirements with less than 24 hours notice which was against FCA rules, and so had to back track on that, and give users more notice.

    Seems they panicked a little when things weren't gong their way.
     
  15. Trig

    Soldato

    Joined: 18 Oct 2002

    Posts: 5,177

    Location: Leicestershire

    Do we think they're going to pull out?
    IF they do are there other sites that have a nice app that you can use for the daily side of things?
     
  16. JamesH85

    Hitman

    Joined: 18 Jan 2015

    Posts: 683

    Any opinions on the Chinese EV market, it's plummeting today. Big crash!!
     
  17. nam

    Wise Guy

    Joined: 18 Oct 2002

    Posts: 2,442

    Location: London

    Buy, can't see the CCP not pumping up and backing there own

     
  18. leezer3

    Mobster

    Joined: 18 Jan 2006

    Posts: 2,990

    Location: Norwich

    If you're buying sensible stuff (FTSE, S&P, standard ETFs) then Freetrade is a reasonable option.

    They've decided to put the AIM, smaller American & smaller ETFs behind a £10 p/m paywall (mistake IMHO, but they've gotta make money) but otherwise I've got no real complaints.

    The graphing on the app and in app data leaves a little to be desired, but they are working on it & it'll hopefully get better.
     
  19. Krono5

    Wise Guy

    Joined: 16 Dec 2008

    Posts: 1,091

    I believe it's due to Tesla getting permission to manufacture their SUV in China for the chinese market. I still expect Nio to climb between now and Nio Day in January and pull the other's up with it so may be a good time to buy.
     
  20. BennyC

    Capodecina

    Joined: 25 Sep 2006

    Posts: 14,007

    Either trade regularly enough with HL to make the dealing charges reduce to £5.95 or use a platform with fees in the spread price like 212.

    Wouldn't use HL with the dealing fees (at the highest price) to invest anything less than several hundred pounds at a time personally, else it just eats in to profits significantly.

    If looking to transact on the US markets again, use a service that's 'free' (spread priced) instead as dealing fees and FX charges add up quickly on smaller investments.

    Perfectly fine to use for funds though, they have a broad offering for both Funds and equities, a reach which the smaller & cheaper platforms don't have.