Trading212 – Is it scam or safe?

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Trading212 – Is it scam or safe?

Trading212 is a trading name of Avus Capital Ltd. that is licensed in several countries and is regulated by the relevant financial supervision commissions. Licenses allow it to conduct financial services, including forex.

However, there are some publications in forex forums that inform about bad practices related to negative slippage, slow market execution and re-quoting.

So far, we haven’t received any complaints from clients of Trading212.com.

If you feel frustrated by Trading212.com and have something to share with us, please fill in the form below, describing your case:

8 Complains

  1. This is a fraudulent company. They show you their FCA license but in fact you will be a client to a Bulgarian company and won’t take the advantage of FCA regulation. I asked them if my account will be with avus uk but they didn’t give me corret answer. This should happen automatically they said. They mislead me and other clients. So, they classify all non uk clients in their Bulgarian company and then will do whatever they want. They widen spread and the withdrawals delay. So the only protection they offered me was that my money should have been in a segregated account. So what? They show their FCA license to lure people and then to stole their money

  2. I trade for many years and I think I am experienced in this activity. I know many other brokers, so I tested trading212 for some months and I can confirm they are a scam broker. Do not trade with them Each trader with my experience will notice their bad practices – slippage and requotes. You know what it means and you will lose your money soon. There always are some cheating ways that cannot be monitored by the regulators. Many of those who work in the regulators are brokerage houses and they know how to skip the rules. What I want to say is the regulation doesn’t mean everything. And the opposite – if the broker is not regulated doesn’t 100% mean it will cheat you. So, the choice is yours nut be aware of this…

  3. I’ve been trading with this broker for three years and I am sure they scam people. I can proof their market manipulations and they are a market maker. I was a subject of slippage and stop loss hunting and price manipulations as well. They will do everything to get your money. Avus capital ltd is registered in Bulgaria and is not FCA regulated or by some other serious authority. So if you have a problem and call the ombudsman in the UK but you are client of avus capital ltd, then you cannot do anything. I moved to another broker and now I feel ok…

  4. I am from Pakistan and wanted to open an account with trading212. I posed a few questions their support about the platform. It was ok but when I asked why I couldn’t open account with avus capital uk they blocked me. So if you are from UK its OK. And what about the others? They don’t allow other people to get the safety of the FCA. I think they scam people because these are fraudulent practices. Client should have the right to choose where to trade and this should be in broker’s interest. Why these scammers forced people to open accounts with some Bulgarian company. Everything is very weird.

    • I stupidly made an investment of £35,000.00 with Umarket Capital trade, to trade in binary options trade. Now when I made the the payment, my bank called and advised to be careful, stupidly I carried on and I authorized the £35,000.00 payment. Next morning when I switched on computer and checked things at UMarket Capital trade, I noticed they have taken another, fee of £750 plus £1000.
      This has been taken with no input from me. I have now notified my bank and cancelled my card. Is their anything I can do to claim this money back? Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin recovery, in the person of Mr Chris Elliot, and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can’t believe how possible it is to get my invested capital back, including my bonus with the company. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: [email protected] he will guide you on steps to take and get your funds back.
      Goodluck

  5. I’ve been trading with this broker for some months and I compare it to some other brokers such plus500. What I’ve noticed is their platform almost ever leads to losses. I am sure they manipulate spreads and they trade against you. They vary so much so that it will be too hard to you to take any profit. Yes, the platform seems to be easy to use and it is created for those who understand nothing. The only purpose is to drain your money. It up to everyone but I should tell you I had much more success with other platforms than tradind212’s. I followed the same strategies but they turned to losses in trading212. I do not recommend this broker and my advice is to find another one.

  6. My advice to anyone, stay away from these new Forex and Binary option companies and to withdraw their funds fully after making your first profits. I have been scammed badly by several of these companies. But I’m glad today that I had all my money returned including all profits, thanks to an expert. You can reach me to relate for help if you’ve also lost money trading; Susiebell2009 {at} gmail, com

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