🟢 TRADING 212 Commission-free stock & ETF investing. Open a Trading 212 account and get free fractional shares worth up to 100 EUR/GBP with my sponsored link. Terms apply. → smartmoneywithkai.com/trading212
Much appreciated mate and yes, that's really something different and unique to see. Even the social community part around certain investments topics is interesting and the pie feature is nice as well👌 Might want to start my own 'Kai Pie' ETF one day😉
Hello Kai. Very good video and well explanatory as always. But I would like to ask a question. In other videos you said that the fact that you could not transfer the shares to another broker was a negative thing, so why did you choose T212? Consegue fazer mais alguma coisa com a T212 que não consiga usando a IBKR e a Lightyear? I already have some money invested in T212 but I am thinking of stopping using it because it is not possible to move to another broker. Thank you so much for sharing the information!!!
Hi Luis, thanks a lot and much appreciated (by the way my wife would like to give that name to our kid if ever we get a boy, I said as long as it's not written Lewis, since I'm not a fan of Hamilton:) Anyhow, you made a good point and in hindsight I should have probably mentioned that, will do in future update videos. It is true that this is a limiting factor, they did say that this would be something they might work on in the future, but it may or may not happen. For me personally I see it more as a diversification play. Since I maxed out my Lightyear fund protection limit, I would not invest more with them at this stage. IBKR I use for my long-term dividend growth investing. T212 would be more for me in the future if ever I feel like buying a bit more risky tech stocks, I think the fact that you can get them commission-free makes it very attractive and I would use them more for buying and selling than holding them forever, so more trading focused that long-term dividend growth. Sadly many brokers do have this limitations in place of not letting you transfer your funds out, so T212 is not the only one, but apart from this I genuinely love the interface, platform, features and right now parking some funds there to get some interest and of course free shares from referrals are also a nice bonus which you will get as well so it's a win-win scenario which in my eyes just makes sense. Cheers
Thanks a lot for sharing and great to hear especially from someone who has been for so long with the platform. I obviously just started but so far I like what I see. Super intuitive. Enough features without being overwhelming and yes, the pie feature is super dope👌 Cheers
Another fabulous video. Been with Trading 212 about 15 years or there about 🥰 Iam with many many different platforms for different reasons. I never mention this to you , as i thought you had a account with trading 212 and didn't want to mention it to the public. I dont talk about different platforms and thought you were the same ? I dont know anything about having more than £85,000 on this platform. I stick with the UK regulations and dont exceed more than £85,000 . Hence why i use so many platforms. Welcome aboard. You wont be disappointed 🎉🎉🎉🎉🎉🎉🎉
Thanks a lot Lawrence, as I said before you are so wise, you could run your own YT channel😉 Good to hear that you are happy with them and makes perfect sense to diversify and stay under the covered limit. So far really enjoying the platform👌 Cheers and have a great one🙌
@@SmartMoneywithKai Thank you for a very nice comment. Far to busy to even consider TH-cam. Your doing a fantastic job 👍👍👍👍 Been Investing since I was 18 and now 43 . Still love everything about Investing. Iam a hoarder and dont sell or never have . Still got shares I bought when I was 18 , frightening what their worth today . I have always had other incomes and consider myself very very fortunate 🙏🙏🙏🙏 Funny seeing all the new people in the last 3 years Investing. Very very different from 25 years ago .. Keep the good work up 🥰🥰🥰🥰🥰🥰
@@SmartMoneywithKai A true hoarder not just with just shares . My hoarding over 20+ years as payed big dividends. I will only make money if I sell and that is something I wont do . Just knowing the value goes up , makes me very happy. Keep the good work up 👍👍👍👍🥰🥳🥳🥳🥳
Hi and good question. On the app they will show you what part is in a bank and thus protected up to €20K and some funds will be in a QMMF where it's not protected thought the QMMF by nature are highly liquid and generally very safe. This is what it says on their page 'Where we hold your money with a bank, you are protected by the ICF up to a limit of €20,000 and are additionally insured up to €1M by Lloyd’s of London. Money placed with a QMMF is treated as an investment and not as money held with a bank. In the unlikely event that the QMMF fails to maintain their low-risk strategy, as with any investment, the protection will not be available. We carefully select all QMMFs to ensure that they are highly liquid, stable in value and maintain their highly regulated status.' Right now it shows me 100% of my money is in the bank so fully protected 👌 Hope this helps. Cheers
I have tried all the mainstream brokers and decided to go with IBKR, i would say for Europe investors there is no better broker by far. (IBKR is also preparing for release of their brand new desktop app)
Hi and good question. I think it depends on the amount you plan to invest. If it's lower amount, T212 might be better since there is no commission and they allow fractional shares. On IB for example I could only buy full shares of my favourite VUSA ETF, but ultimately both are great options. IB needs to improve interface and T212 would need to add the feature of letting you transfer your shares to another broker, but I guess there is no perfect broker out there, but both of them are fantastic options either way. Cheers
@@SmartMoneywithKai I think fractional shares can be purchased now on IB as well. There is recurring investment that can be set and it can be set with currency amount as well.
Hey there! 🌟 Great question! As of my last update, Trading 212 doesn't offer a LISA (Lifetime ISA) in the UK. They're all about that Stocks & Shares ISA life for now. 😎 But hey, the financial landscape is ever-changing, so who knows what the future holds? 🤷♂️ Keep an eye out for updates, and make sure to diversify those investment vehicles! 🚀
I have been using 212 for investing for around 2 months now. Like you said I try to diversify with the different brokers. What does the 1M euro insurance mean? Is my money insured up to 1M of 20 thousand?
Smart move and good to hear Ward. Good question, they leave it a bit vague. When I spoke with them they said that this is in addition to the €20K which is the base and a 100% guarantee. So in case you would invest more with them, then this additional insurance from their side should kick in to cover you as well as it apparently is €1m per client, which does sound very reassuring, but lacking a bit of more details as to how it works exactly. Still overall I like how clearly they state this, with other brokers, it's really challenging to find that info in the first place.
🟢 TRADING 212
Commission-free stock & ETF investing. Open a Trading 212 account and get free fractional shares worth up to 100 EUR/GBP with my sponsored link. Terms apply.
→ smartmoneywithkai.com/trading212
You should really make a video comparing all of the brokers you showcased and rank them. Would be a nice video to watch!
Great idea, I’ve done a general review of brokers before but a more detailed one might indeed be interesting for future videos. Cheers
@@SmartMoneywithKai I second the idea a big broker tier list would be amazing
Fantastic, thanks for sharing and will definitely have one coming up in the near future👌
Nice one with Economy calendar. Good quality video as always mate :)
Much appreciated mate and yes, that's really something different and unique to see. Even the social community part around certain investments topics is interesting and the pie feature is nice as well👌 Might want to start my own 'Kai Pie' ETF one day😉
@@SmartMoneywithKai Do it now. I'm always coming to FB to see your weekly buys 😃 You know that I will join your pie, right away 😁
@@M-Y-G-A 😂Good to know, will keep that in mind😉Cheers mate
can you tell me if i want to do day trading which account should i open invest or cdf, i want to do short selling as well?
Hi, you should go with the CFD account then 👌
@@SmartMoneywithKai I have opened the account but investment, can I change it easily?
@@dheerajdutta7328 You can have both with the same logins so you can just click on CFD and open that one too 👌
@@SmartMoneywithKai thankewwww sooo muchhh
Hello Kai. Very good video and well explanatory as always. But I would like to ask a question.
In other videos you said that the fact that you could not transfer the shares to another broker was a negative thing, so why did you choose T212? Consegue fazer mais alguma coisa com a T212 que não consiga usando a IBKR e a Lightyear? I already have some money invested in T212 but I am thinking of stopping using it because it is not possible to move to another broker.
Thank you so much for sharing the information!!!
Hi Luis, thanks a lot and much appreciated (by the way my wife would like to give that name to our kid if ever we get a boy, I said as long as it's not written Lewis, since I'm not a fan of Hamilton:) Anyhow, you made a good point and in hindsight I should have probably mentioned that, will do in future update videos. It is true that this is a limiting factor, they did say that this would be something they might work on in the future, but it may or may not happen. For me personally I see it more as a diversification play. Since I maxed out my Lightyear fund protection limit, I would not invest more with them at this stage. IBKR I use for my long-term dividend growth investing. T212 would be more for me in the future if ever I feel like buying a bit more risky tech stocks, I think the fact that you can get them commission-free makes it very attractive and I would use them more for buying and selling than holding them forever, so more trading focused that long-term dividend growth. Sadly many brokers do have this limitations in place of not letting you transfer your funds out, so T212 is not the only one, but apart from this I genuinely love the interface, platform, features and right now parking some funds there to get some interest and of course free shares from referrals are also a nice bonus which you will get as well so it's a win-win scenario which in my eyes just makes sense. Cheers
@@SmartMoneywithKai thank you very much for your reply Kai. Always very thoughtful. All the best to you and your family
Very nice review! I use Trading 212 for almost 3 years now and I can confirm that the Pies feature is a game changer. Super useful and neat!
Thanks a lot for sharing and great to hear especially from someone who has been for so long with the platform. I obviously just started but so far I like what I see. Super intuitive. Enough features without being overwhelming and yes, the pie feature is super dope👌 Cheers
Can I switch from Google Pay to bank transfers if I pass 2k€?
Yes, absolutely, that would be the best way to go 👌
Another fabulous video.
Been with Trading 212 about 15 years or there about 🥰
Iam with many many different platforms for different reasons.
I never mention this to you , as i thought you had a account with trading 212 and didn't want to mention it to the public.
I dont talk about different platforms and thought you were the same ?
I dont know anything about having more than £85,000 on this platform.
I stick with the UK regulations and dont exceed more than £85,000 .
Hence why i use so many platforms.
Welcome aboard.
You wont be disappointed 🎉🎉🎉🎉🎉🎉🎉
Thanks a lot Lawrence, as I said before you are so wise, you could run your own YT channel😉
Good to hear that you are happy with them and makes perfect sense to diversify and stay under the covered limit. So far really enjoying the platform👌 Cheers and have a great one🙌
@@SmartMoneywithKai Thank you for a very nice comment.
Far to busy to even consider TH-cam.
Your doing a fantastic job 👍👍👍👍
Been Investing since I was 18 and now 43 .
Still love everything about Investing.
Iam a hoarder and dont sell or never have .
Still got shares I bought when I was 18 , frightening what their worth today .
I have always had other incomes and consider myself very very fortunate 🙏🙏🙏🙏
Funny seeing all the new people in the last 3 years Investing.
Very very different from 25 years ago ..
Keep the good work up 🥰🥰🥰🥰🥰🥰
That's amazing to hear and you are living the compounding investor's dream life😉Awesome and keep hoarding those investments💪 Thanks a lot Lawrence🙏
@@SmartMoneywithKai A true hoarder not just with just shares .
My hoarding over 20+ years as payed big dividends.
I will only make money if I sell and that is something I wont do .
Just knowing the value goes up , makes me very happy.
Keep the good work up 👍👍👍👍🥰🥳🥳🥳🥳
Hello Kai, is your money insured when it’s gaining interest (EUR, $….) ? And if yes what is the insured amount?
Hi and good question. On the app they will show you what part is in a bank and thus protected up to €20K and some funds will be in a QMMF where it's not protected thought the QMMF by nature are highly liquid and generally very safe. This is what it says on their page 'Where we hold your money with a bank, you are protected by the ICF up to a limit of €20,000 and are additionally insured up to €1M by Lloyd’s of London.
Money placed with a QMMF is treated as an investment and not as money held with a bank. In the unlikely event that the QMMF fails to maintain their low-risk strategy, as with any investment, the protection will not be available. We carefully select all QMMFs to ensure that they are highly liquid, stable in value and maintain their highly regulated status.' Right now it shows me 100% of my money is in the bank so fully protected 👌 Hope this helps. Cheers
When should one consider IBKR over Trading212?
Always 😉Especially if your portfolio gets bigger I just feel more comfortable with IBKR but in all honesty both are great options and I also use both👌
Which is more suitable for passive investing in SXR8 - Trading212 or IBKR?
I have tried all the mainstream brokers and decided to go with IBKR, i would say for Europe investors there is no better broker by far. (IBKR is also preparing for release of their brand new desktop app)
Hi and good question. I think it depends on the amount you plan to invest. If it's lower amount, T212 might be better since there is no commission and they allow fractional shares. On IB for example I could only buy full shares of my favourite VUSA ETF, but ultimately both are great options. IB needs to improve interface and T212 would need to add the feature of letting you transfer your shares to another broker, but I guess there is no perfect broker out there, but both of them are fantastic options either way. Cheers
Thanks for sharing your feedback and looking forward to trying their new desktop app, I really hope it looks a bit more user-friendly😉
@@SmartMoneywithKai I think fractional shares can be purchased now on IB as well. There is recurring investment that can be set and it can be set with currency amount as well.
Oh ok, good to know, didn't give it a try yet, cheers👌
Does Trading 212 offer LISA in UK yet as well as the S&S isa ?
Hey there! 🌟 Great question! As of my last update, Trading 212 doesn't offer a LISA (Lifetime ISA) in the UK. They're all about that Stocks & Shares ISA life for now. 😎 But hey, the financial landscape is ever-changing, so who knows what the future holds? 🤷♂️ Keep an eye out for updates, and make sure to diversify those investment vehicles! 🚀
I have my ISA with trading212 because of the low fees and pie options
Awesome to hear that and yes, the pie feature is really a genius idea which I haven't seen from any other broker out there👌
I have been using 212 for investing for around 2 months now. Like you said I try to diversify with the different brokers. What does the 1M euro insurance mean? Is my money insured up to 1M of 20 thousand?
Smart move and good to hear Ward. Good question, they leave it a bit vague. When I spoke with them they said that this is in addition to the €20K which is the base and a 100% guarantee. So in case you would invest more with them, then this additional insurance from their side should kick in to cover you as well as it apparently is €1m per client, which does sound very reassuring, but lacking a bit of more details as to how it works exactly. Still overall I like how clearly they state this, with other brokers, it's really challenging to find that info in the first place.