Trading 212

I signed up to Trading 212 get a free share it using someone here’s referral link. The conversation here about Freetrade’s vs 212’s proposition and whether FT has a distinctive difference made me expect that they’d feel quite similar!

But no. 212 is a trader’s product: loads of dials, graphs, numbers twitching up and down, flashing red and black and green. It all encourages a certain mindset (beat the market, take action and trade nowwwwww), and trading CFDs/margin/leverage etc is a click away. 212 is for people who want all of that, and trade enough that they need to see the spread updating in real time.

I will sell my share of AMD - if I can work out how - and never return!

(Also seems a bit counter-productive to spend up to 200 acquiring a customer and then present them with a product so complex that they can’t use it.)

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