Trading 212 - Stocks & ETFs 17+

Awesome

I have no experience on stocks but this app make it easy to understand what’s is happening with prices and predictions, the fact that we can buy one stock or a share of it make it so much easier to start with it. specially if we don’t have the thousands dollars we could thing you need. They also have a little questionnaire in the start to see and give you the warning about your experience.
In my case they were clear, it could be a little bit hard for me, But we all know a investment is a risk.
I’m so happy with this app!

Offering and functionality needs improvement

The app is pretty good for basic buy/sell trades and provides good value for Australians wanting to access the London and (some) European stock markets but it is not yet a platform for building a serious stock portfolio. There are many holes in the both the broker service offering and the functionality of the mobile app (and web platform).

In terms of basic portfolio performance the app provides only the total return view of your unrealised profit/loss. There is no view or reporting of the daily movements (nor monthly, three-monthly, etc) across your portfolio or those assets held within Pies. Nor can you do basic stuff like sort or view your stocks by asset currency which is a total pain (the app only displays the value(s) of your portfolio in your base currency and there is no way to see your individual stock positions in the asset currency).

If you’re an Australian customer the most maddening thing about Trading 212 is that although OSKO deposits to your account are instant during the afternoon and evening AEST, for some reason they stop processing real-time transfers just before midnight and incoming deposits are held over until - wait for it! - 10am the next morning! The practical impact of this is that you can’t fund your account during almost the entire US/Canadian trading day (i.e from 10am EDT to 8pm EDT), nor during the last hour and a half of trading on European markets. Kinda defeats the purpose ….

Developer Response ,

Thank you for your honest review. We aim to constantly improve, and the provided feedback is of great value to us. At the moment, investments can be filtered by average price, current price, market value, number of shares, and result. We'll consider your suggestions to add more options for the portfolio view that will help you analyse your portfolio performance over a specific period or view your stocks by asset currency. As for the deposits, all regular bank transfers take up to 3 business days. The card deposits are instant, but once the cumulative limit of 4,000 AUD (or 2,000 in GBP) is reached, a 0.7% fee is applied to each card deposit.

Consider it’s a donation as i could’nt get any money back when i tried to whitdraw

They said i could earn interest for the deposit i haven’t used to buy any share.. i tried with $5 but at the end not only the interest but all that money was gone.. then because the bp and starbuck shares i bought didn’t work and i keep losing money, so i sold all of that and tried to withdraw all the money i have left BUT this app make it hard for me to do it as they always said i couldn’t verified the bank account i used to deposit money to them with while i have already submit them the prove off the money transfer. I think this app is only a trap for people to deposit money but couldn’t get any back. It was only $105 in total i deposited into this app.. but it’s a lot of money for us and i work really hard for it.
I have to let it go and consider it a donation for this app.

Developer Response ,

We regret to hear about your experience.

All uninvested funds earn interest, and accumulated earnings are paid once a day. If the interest you earned is below one cent, it is collected on the backend and paid to your account once the accumulated amount reaches one cent or more.

Whenever you invest or trade with shares, the outcome of your position depends on the market. We have no control over the price and performance of any instrument or the market conditions. Once you sell your shares or close a trade, the funds are available for withdrawal right away. Even if a payment method you have used isn't verified, you can withdraw back the same amount you deposited with it. If you're experiencing any difficulties, please contact us via the in-app chat or send us an email to info@trading212.com. We'll be glad to assist further and dispel any doubts you may have.