Freetrades lack of stocks that are on other platforms annoys me greatly. How, for example canāt I yet buy BAE or Rolls Royce? The fact you also have to pay (extra) to buy stocks which are on the FTSE250 (such as Chesnara) is also really annoying.
I have two accounts as some stocks I just cant buy on FT and some stocks I donāt want to pay extra for, when I can get them, literally everywhere else.
So I use HL, T212 and FT. By far the best app is T212 and you can use the desktop too, which is really really useful. T212 also has a huge number of stocks.
However, if you are a small trader the limit options with FT are much better, as with T212 you can only set limits on trades over Ā£100.
HL has great research data, but the fees are horrible and the app is awful.
If we could have the T212 app, with the FT ethos and limits, that would be great.
Iāve reduced my trading significantly this last few months, as I donāt like T212 as a firm anymore, yet the app on FT is nowhere near as good, so itās just led me to naturally reduce my trading volume.
All you guys are forgetting that are better brokers with very low or free commission, example:
FJD bank (big bank free stocks)
XTB (probably the best globally)
EToro (free but some fees hidden)
Degiro (not free , but very transparent with the low fees)
They announced theyāre working on a SIPP last year but no release date has been mentioned yet. Doing a quick search thereās a post on their forums last year with them aiming to release it in Q1 this year, although that deadline has passed so far.
I was going to get Freetradeās SIPP until T212 announced theirs, so have been holding off to make a comparison.
Pros
212 have Limit, Stop, Stop Limit options that arenāt hidden behind a paywall.
They donāt hide attractive stocks behind said paywall either.
The killer for me is the desktop interface as I didnāt grow up with a phone glued to my hand.
Pies.
Cons
Some trades seem to be deliberately picking the worst price, despite claims that they pick the best price
Most of the comments here are about trust, that might be biased because it is a freetrade community. I have the account in both the platform including plus account in freetrade and both are wonderful platform the benefits are
Freetrade: You can set the limit order in fractional shares for plus account (in trading 212 you can only put limit order on full share)
Trading 212: The currency conversion rate is cheaper i.e .15% (in Freetrade it is .45,%). No extra fee for ISA account. You can also download transaction history in CSV format ( Freetrade doesnāt support this useful feature). Also they have pie auto invest feature where you can make your own etf by setting the allocation in companies.
Overall I like both the platform as you donāt have to pay extra fee on individual stock purchase compared to other traditional brokers.
I had considered waiting too but, In my experience, when thereās no ETA, the product is years away and might not be produced at all. Also, I feel foregoing time in the market to save a few Ā£s is a false economy.
Does anyone know why Trading 212 is still closed for new customers? Itās been this way for sometime nowā¦
You can ask the freetrade team to prepare a list of your historic transaction in both the format u asked for and excel, I asked for it from the start of my freetrade journey, took a week or so for them to prepare it but now I have it all 
Just thought I share if u didnāt know
Lack of direction, money, their ceo leftā¦ who knows?
If T212 are doing everything for free and also have a cheaper currency FX fee than FT then why would you expect them to have good infrastructure and customer support. FT are very cheap so Iām not sure why T212 can do it better and cheaper.
Trust/Communication/Transparency
I personally like the fact that they are in this for the long game and actively discourage āDay Tradersā and novice traders from investing on its platform. All in All Freetrade are building solid foundations that will stand it in good stead for years to come.
For me itās the faster withdrawal process on 212.
Donāt want to be waiting a week before I receive my funds.
You should be able to transfer shares from one ISA to another. You have to sell/rebuy when transferring from a general investment account to an ISA but this is a legal requirement for tax purposes.
If you look at section 4.5 in the link I posted, it specifically says that T212 only supports cash transfer between ISAs, not the stocks that are held. IIRC, itās the same with FT too.
Has anyone heard the rumour that trading 212 have been banned from onboarding new customers by the FCA and are being investigated. Looks like that maybe why they have not on boarded any new UK customers this year.
Iād have thought it was more to do with licensing post brexit in the same way as weāre waiting for the Swedish license for EU expansion.
But I do love a good rumour.
PS I have no facts for my reason, just fits the bill.
Yeah maybe just a rumour a friend who has his ISA with 212 has just messaged me to see if I had heard the rumour. I donāt keep upto date with what there doing even though I do have some money with them.
Possibly itās just all Chinese whispers going round. It will all come out In the wash eventually.
It is strange they havenāt been able to on board customers for a long while and the brexit license thing may not hold out as a reason, I do seem to remember them still allowing customers after brexit but my memory is shocking tbf
Youtuber Sacha covered this a few days ago, I went to his channel so post the video and there is a new one 4 hours old.
Iāve not watched it yet, will do later.
