Has anybody had dealings with Trading 212 who are offering commissioning free trading
Yes, I opened an account with a nominal amount, partly in order to get the free share on offer and partly purely out of curiosity.
Pros:
- commission free trading, which makes trading in very small quantities viable.
- Appear to be fully FCS compliant
- Were offering a free share incentive for joining and referrals (not sure if that is still the case or not).
Cons:
- No AIM, or main market very small cap (e.g. no UPGS, no CTO).
- All trading at bid/offer, no at quote, so not economic for larger sizes.
- Initially I could buy very small sizes (e.g. 1 share), but the minimum size seemed to increase after a week or so.
Unknown:
- Haven't yet tried to withdraw my money!
Realistically, I wouldn't consider them for a serious account (I currently use AJ Bell, IG and iWeb), but they may be suitable as a starter account for very small amounts.
