Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Trading 212 to offer unlimited no-fee trading in shares and ETFs

Ivan Ashimov, Trading 212’s co-founder, said charging for trades can no longer be justified.
Screens
No charges and unlimited trades

Trading 212 has made its share trading service unlimited and commission-free for any amounts of trades.

Previously the retail platform limited its no-commission offering to ten trades per month, but now there is no restriction on the frequency or value of trades.

Commission on cryptocurrencies and CFDs has also been removed.

WATCH: Trading 212 introduces UK's first unlimited zero commission trading platform

Ivan Ashimov, Trading 212’s co-founder, said charging for trades can no longer be justified.

”Our cutting-edge technology means that the actual cost of executing a retail trade is negligible but the impact of commission and platform charges on the customers’ returns can be huge.”

Ashimov added that the advent of crypto-currencies had also attracted a new generation of young investors who don’t see the need to pay for basic services.

They are now looking to other assets in addition to cryptos including equities and ETFs.

The median age of Trading 212’s customers is thirty.

A first stocks and shares ISA, which also comes with zero commission on trades for eligible shares and ETFs, has been launched by the platform.

Ashimov says Trading 212 has about 50,000 active traders but that there are four times that number who use its virtual trading tools for education and insights.

Parent company Avus Capital UK Limited is authorised and regulated by the Financial Conduct Authority.  

View full TR212 profile View Profile

Trading 212 Timeline

Related Articles

Care worker
August 10 2018
The stock consistently trades above its net asset value per share, which could have something to do with the dividend yield of more than 6%
cryptocurrency tokens
October 02 2018
Since launching its advisory service arm last year, the company has already helped raise over US$500mln in token sales
Russia picture
June 04 2018
The bulk of overall exposure is in credit and government bonds followed closely by equities

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use