RE: Buying24 May 2023 14:49
T212 has its limitations but I find it good for my needs for now. Commission free means I can do some beer money trades buying 500 quid worth of shares and selling them at under a 3% profit
I usually use limit trades to get the price that I want
liquidity matters a lot, FTSE 250 etc trades are normally instant, high liquid aim share can also go through instant or pretty quick
lower liquidity ones suffer badly and can take hours to go through, I believe it is all computerised trades whereas with your paid for brokers somebody will pick up the phone to do a deal if its low liquidity
it would be no good for a day trader but suits majority of my needs perfectly
- and I use my bank if I really want to buy into a share that is not going through fast enough for me on 212