Trading 212 Is In Trouble With The FCA

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I have some breaking news to report about Trading 212.

This is incredibly important - I will be disclosing information that I have obtained regarding Trading 212 from more than 1 corroborated source.

I cannot with absolute certainty verify the veracity and accuracy of this information but I have done my best to confirm it from more than 1 source and I feel that on balance this information is important for the public domain.

I contacted Trading 212 before making this video putting the information forward to them and asked them to provide formal commentary and confirm or deny this information.

I delayed publication in order to provide Trading 212 time to respond, but as of the point of publication several hours later, Trading 212 have not responded.

If Trading 212 DO respond, I will provide this response as a pinned comment.

The information I have obtained states that Trading 212 have been precluded from taking on new customers in the UK in full or in part by the FCA.

This information suggests that the FCA has not been satisfied with how Trading 212 operates in the UK on multiple different criteria.

And Trading 212's recent actions seem to align with this information because it appears that Trading 212 are working to resolve these issues.

But this also means that Trading 212 were not truthful with their customers when they made announcements related to this ongoing issue through the course of this year.

DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
Category
Trading Online & Forex Online

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