surely if it has:
Itâs not:
edit: theyâve dropped the 10 trades limit, I should have read the article
surely if it has:
Itâs not:
edit: theyâve dropped the 10 trades limit, I should have read the article
One advantage 212 has over Freetrade at the moment, is in the app store when you search for Robinhood, 212 is the 1st thing that crops up.
Guessing its solely down to the # of reviews. Freetrades 85 vs 212âs 7.43k.
Need to get users reviewing in the store
The even bigger advantage that Trading 212 has over Freetrade at the moment is that it exists!
All I ever get as an Android user with Freetrade are promises. Iâm already wound up by being treated as a second class citizen as an Android user rather than iPhone and patience is wearing thin. If you only want iPhone users then fine, just say it. Stop PROMISING the android app and just do it! Put up or shut up. It DOES NOT get people more interested with anticipation. Monzo tried it with joint accounts and got beaten to it by Starling. I got a Starling account and never regretted it. Monzo are always secondary in my mind now. If you canât get the product out, donât keep promising it
Theyâve said itâll be out by April at the latest, not sure where youâve seen promises of anything different.
Thank you. As a second class citizen Android user I think youâve convinced me to give Trading 212 a go. I take on board a certain user unfriendliness in the UI. However, they have more stocks and also include investment trusts.
Freetrade have actually been giving me the impression that the Android app will be out imminently ie I was expecting January. Nowhere have I seen April. With the market as it is now it is a buying opportunity. Time in the market etc April is way too far away. Opportunities missed. Bad organisation by Freetrade to have the android app out well after the iPhone one.
It seems to be playing catch up. Will try 212 and will consider playing catch up with Freetrade later. Probably much later bearing in mind the limited stocks and no investment trusts by comparison.
Iâm sorry that youâre frustrated about the wait for the Android app. Unfortunately as a startup with limited resources, we had to choose to develop the app for one platform to begin with & thatâs why the app hasnât launched yet. If we could have bought out both apps at the same time then we absolutely would have.
Our lead Android engineer has explained more here -
Weâll certainly be adding more stocks as we go & perhaps more investment trusts, to keep the Scottish Mortgage Investment Trust company, too. Please do request anything else that youâd like us to add in Stock Requests .
Weâre looking forward to launching the Android app early next year!
Honestly 212 seems a bit scetchy to me. I might be wrong of course , but I wouldnt trust them with my money. Freetrade have probably the best customer service , which is a very good selling point, especially for a platform which offers free trades.
Also that deposit fee with 212 is going to make add a big weight to your portfolio long-term.
Coming to Freetrade after the other brokers is a huge âaha momentâ - so this is how it should work
Of course go ahead and try them all and donât believe a random guy on the interwebs. However if you do want to listen to me then I recommend Halifax Share Dealing Service first as it only gets better from there.
I suppose most of the stocks will be Barclaysâ price range with a few exceptions, but the hype will pay that off. Who knows, maybe Freetrade could test this strategy one day
Barclaysâ value is currently ÂŁ1.50 per share and I just assumed Trading 212 would not be too generous giving ÂŁ10 to ÂŁ20 to everyone who signs up. Maybe those who get cheap ones donât brag?
Donât know if anyone has noticed this, but as a user of 212 for about a year now they seem to have introduced a Minimum order quantity of ÂŁ50+ since last week. For me this is pretty big because I donât want to be investing in dozens or even hundreds of penny stocks, even shares just below ÂŁ50 it now forces you to buy two which is just ridiculous in my opinion. It also means that my positions with, say, two shares cannot be sold off individually anymore whichâŠplain sucks. Currently stuck in an ever-growing customer support queue trying to see if I can find out why they made the decision (reminds me of the last time I contacted support asking what would happen if a stock I owned was bought out, to which the rep replied simply âthatâs a good questionâ).
Despite what it sounds like, actually been generally pleased with T212âs service; theyâve improved the UI a lot over the last few months and free instant execution is kind of addictive ngl. Still, I think they may have just made a rather large mistake, havenât even announced this anywhere afaik
Yeah Idrk, this together with that recent inactivity fee is really making me think theyâre just starting to exploit their huge userbase instead of using that scale to improve services etc.
Hey, Iâve just done the same. However the ÂŁ1 deposit has still not cleared. How long did it take for yourself?
Iâm right on it
It is a very good trading platform, no doubt. Automatic SL/TP, Pending orders, price alerts. Its helped make me a fair bit but I am still predominantly investing not trading so this has definitely leaned me over to Freetrade now.
As for the promotion, I assume you can still sell your share even if it is under the min. I looked at the T&Cs and saw this:
All market sell orders for Referral Shares will be accepted and executed as an aggregated market order at the close of the relevant market by default. We are taking this approach in order to avoid multiple market sell orders for 1 share each as this can be considered as market abuse by the stock exchanges. Limit orders will not be aggregated and will be executed at the price specified by You.
That was pretty quick
It is showing just 1 GE share given as promotion worth $10 so I have to deposit more to get my money back.
Well I want to cashin free share as well, and I have to buy some before I can sell because its value is less than ÂŁ50.
But more deposit is not really required.
The ÂŁ50 is showing as minimum buy, havenât seen it mentioned as a minimum selling limit
Unfortunately that doesnt seem to be the case.
Here is what shows up if I try to sell a single share under the limit:
I only own two shares here so the MQL is slightly pointless imo (I can clearly close my existing position. All round terrible implementation, especially for existing users like me who literally only found out as I was planning an order.