I was thinking this. Could the move into Sweden be as a result of Series B influence?
I remember Adam on an interview saying he had conducted an interview with someone from Luxembourg- this idea seems to have changed/ gone quiet.
Very interesting.
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Loads of exposure in the times today. Also some dirt on a certain competitor
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Was reading that earlier. Nice free advert.
Reads like a Press Release. Good work from whoever set it up.
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Interestingly I don’t think it’s the best article in the world. It’s not completely accurate and even misses out other information in regards to competitors etc.
I get a 503 error, seems the 11 people who have clicked on your link have overwhelmed it 
More like the rush from Trading 212 to reply in the comments section.
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Key part below. This will certainly make T212 users consider whether they have made the right choice with their savings…
“Other low-cost trading services include Trading 212 and Degiro. The latter is not covered by the Financial Services Compensation Scheme (FSCS), which guarantees deposits of up to £85,000 if the firm holding your money fails. Trading 212 also warns that some customer funds may be held in non-UK bank accounts so the FSCS may not apply. Freetrade is fully covered by the FSCS.”
Also the following T212 gem;
“The company, based in Bulgaria, is also not easy to get hold of. It failed to respond to requests for information despite repeated attempts.”
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Can someone copy the article in here please.
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I think the real competition will be with Revolut and not Trading^212. Revolut’s growth is shockingly good.
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Yup, would be great if someone could copy it please.
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250k+ x £4000 = £1bn+ under management.
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Is 4k the average account balance?
According to the article.
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I assume this would be excluding accounts with zero balance, so not quite £1bn, but still very strong!
It was £1k early this year, we heard it was £2k on an article fairly recently and now £4k. It could double again next year (for UK accounts) with arrival of SIPPs, transfers of ISA’s and buoyant markets 
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HL have £100 billion under management so plenty of scope to eat their lunch.
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Fag packet - 1% of 7bn (HL mkt cp) is 70m.
Accounting for FT user growth and the fact the AUM will grow significantly with the addition of SIPP’s - the last fundraising seems cheap to me.
But HL grew by the same number of customers and added £4b so I wouldn’t say the last funding round was cheap.
So HL had about 5% growth? Pop the champagne.
Shockingly good?? Says who?? They are haemorrhaging money.
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