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Richard

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Review of the Trading 212, Investment Accounts:
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Excellent experience and highly recommended

5
I have used many brokers in my time so know the alternatives. Trading 212 impresses me a lot. The pros are: 0 fees (truely, no catch), 0 commission on currency exchange, fractional shares, autoinvest, pies, invest by value, great client community in which there is active participation by Trading 212 staff. Fast turn around on queries. Continual improvement of trading app that so as to regularly provide clients with innovative features. The new autoinvest into self-determined pies feature is revolutionary. You can make a pie that 5% Amazon, 5% Microsoft, etc. When you buy £100 worth of the pie you will be buying £5 worth of Amazon. I am an experienced investor and it is good for people like me - but particularly good for new investors. Rather than buy 1 share of Amazon, which costs around $3200 presently, you can buy as little as 0.001 share for $3.20. Since there is no fee, you can, at low cost, make many small investments, daily, weekly, monthly, building up savings as you like. This is impossible using brokers who charge £7.95 per trade or more. You can move in an out of positions without losing a fee each time. I am happy that Trading 212 is a company with a 10+ year history, profitable, FCA regulated and FSCS protection of cash balances. It is no surprise that they have rapidly grown and have been able to tell the user community that in January 2021 they now have 1 million user accounts and 2 billion assets under management. Reviewed on: 18th January 2021

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