Any peeps out there that have been using the Trading 212 frequently? I am interested in the concept but I want to know if there is anyone who has traded and cashed out (not just using referral codes) moreover, suggest any similar platforms.
I tried trading and once with £10... Needless to say, it was wayyy too less to trade with and i lost it.Any peeps out there that have been using the Trading 212 frequently? I am interested in the concept but I want to know if there is anyone who has traded and cashed out (not just using referral codes) moreover, suggest any similar platforms.
Fam. I made a few trades. Everyone i do a buy trade, as soon as i put on the money, the calue goes down. And the opposite for seek trades. Sometimes it may be a little profit but only a few pennies.Market went against you as soon as you put the £10 down?
So you know how much they charge per deposit? If it is something like £1.00 I can live with that.I made £10 on SGLN golf etf and sold. I hear that they charge to deposit so it's not truly free trading per se.
Gonna read that now... What is the issue with CFDs? I was hoping to do some market trading similar to Betfair Exchange but just not Betfair Exchange.I can recommend trading 212 Especially as there are no fees.. I wrote a little bit about it in my referral thread here: trading 212
Only the regular investment account mind, I wouldn't touch CFDs.
Gonna read that now... What is the issue with CFDs? I was hoping to do some market trading similar to Betfair Exchange but just not Betfair Exchange.
I used to do forex. I think they only charged for withdrawals.So you know how much they charge per deposit? If it is something like £1.00 I can live with that.
Cheers, that puts things in perspective. I need to have a think and check my options agsin.CFDs could lose you a whole bunch of money as they are leveraged. I looked through this document when I was finding out about them and decided they weren't for me. https://www.moneysmart.gov.au/media/173820/thinking-of-trading-in-contracts-for-difference-cfds.pdf (australian site but same principle)
I think there was a discussion about them charing a few percentage points on deposits and it was hidden in small print. I'm really not sure though to be fair.I used to do forex. I think they only charged for withdrawals.