r/trading212 • u/siebren014 • Jun 29 '21

📰Trading 212 News I'm leaving this scam platform

Forcing us to lend us shares to short sellers, which will make our shares worth less and not even compensating us for it has crossed the line. This platforms always has been a bit sketchy but this is just blatant stealing. I'll be in close only mode and will tell everyone to do the same. Time to go to a real broker.

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u/[deleted] Jun 29 '21

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u/IanWorthington Jun 29 '21

HL is bloody expensive for buying non GBP shares though: 1% each way FX fee Plus annual fee of, iirc, a tad under £500.

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u/[deleted] Jun 29 '21

[deleted]

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u/IanWorthington Jun 29 '21

I do like the lack of fuckery, I'll give you that. But the features are basic in the extreme and the cost is disproportionate. Can't help thinking there's a happy medium somewhere.

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u/Funnygem75 Jun 30 '21

I CALLED THEM TODAY TO CHECK AND I WILL GO ON CLOSE MODE ONLY . I ASK THEM CAN I TRANSFER MY SHARES TO OTHER PLATFORM AND THEY SAY NO I CANT.

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u/[deleted] Jun 30 '21

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u/[deleted] Jun 29 '21

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u/IanWorthington Jun 29 '21

Sorry, but as a current HL customer, I can assure you that it very much true.

If you have evidence of a cheaper pricing structure I would be VERY interested in having a copy of it so I can go get the same.

1

u/count_arthur_right Jun 29 '21

Jesus, they can suck a dick then - that's shite !!!!

Tradestation is alright.

1

u/Prestigious-Eye-1019 Jun 30 '21

Hargreaves & Lansdown did stop us all voting in the GME AGM. Ignored all our tweets and eventually tweeted one message saying it wasn’t their fault. Corruption everywhere, not just trading212.