I don’t quite understand how to read this. But under other activities it seems they are only currently authorised to undertake activities with professional & counterparty clients. But can’t tell if that applies to everything or just some “other activities”.
Last year T212 saw a huge influx of customers and when you look at their annual accounts you can see exactly how much the company has grown and why they needed to pause new account sign ups.
They didn’t just stop new UK customers. They also stopped non UK customers. Non UK customers are being moved to a new entity and towards the back end of last year new EU clients were able to open accounts.
I while back had email to open account with them. Recently restarted investing in Freetrade only to realise Freetrade still does not do end of tax year consolidated tax certificates and it is near impossible to calculate capital Vs interest Vs dividend returns of ETFs. And their discourse said that trading212 has it.
Opened trading212. And I like the UX a lot better there. And the sign up / top up / order flow seems better than Freetrade. And the pies are just brilliant. It makes one not just impulse buy this and that like on Freetrade. But pick things, out them in a pie, think about weighting. Observe the historical average return of such a pie. And make more of an informed decision.
Plus fractional UK shares is awesome, together with regular investing and reinvesting based on the pie target proportions.
Amazing. Will probably even invest my isa with them next year. It is that good.
I will have to check if they offer similarish instruments like my current isa.
I’m going to be using T212 starting this April for my ISA, previously with Vanguard. I opened the invest account last month just to give the app a test and I really like it so happy to wait until April to open my new ISA.