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Trading 212 Free Shares Explained

Trading 212 Free Shares Explained shares is one of the most common ways to invest money. However, there are many different trading platforms out there and it can be difficult to know which to choose. This article takes a look at a broker called Trading 212, who offer free shares as part of their promotion to new investors.

The good news is that the platform offers a lot of features to help make it easier for new investors to get started. This includes a ‘practice’ function where you can practice buying and selling shares without risking your own cash. This feature gets a big thumbs up from us because it’s something that not all platforms have and can be really useful for beginner investors.

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Trading 212 also has around 13,000 investments to choose from, which is a large number for an investment platform. That said, it doesn’t currently offer mutual funds (also known as open-ended funds) which is a drawback for those looking to diversify their portfolio with bonds or other assets. It does, however, offer CFDs which are a risky type of derivative that allows you to speculate on the price movement of an underlying asset without owning it. This is a popular strategy for traders and can be profitable if you understand the risks involved.

Another plus point is that the platform enables you to buy fractional shares, which can be helpful if you are investing in expensive stocks like Apple or Google. Finally, the app makes it easy to set up regular deposits and reinvest dividends. It is worth noting that the UK Government charges a 0.5% stamp duty charge when you buy and sell shares, as well as a PS1 ‘PTM’ levy when you hold more than £10,000 in your account.

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