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Trading 212
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trading 212
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Brokers
Trading 212 Scraps Unfavorable Clause Limiting Interest Payments for Inactive Investors
2024-09-05T09:07:15.970+02:00
Similar to competitors, the broker introduced interest on uninvested funds this year.
However, the terms initially stated that passive and inactive clients might not receive interest payments.
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Retail FX
Trading 212 Acquires FXFlat in Expansion into Germany
2024-08-15T19:09:36.773+02:00
The acquisition enables Trading 212 to operate within Germany through a licensed German entity.
During the transition, FXFlat will temporarily pause onboarding new clients.
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CryptoCurrency
Trading 212 Gains Crypto License in Cyprus
2024-06-18T12:51:11.871+02:00
The license allows the brand to offer crypto exchange and custodial services.
Trading 212 is yet to announce its plans around cryptocurrencies.
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Retail FX
Trading 212 UK’s Marketing Costs Eat 2023 Gains despite Interest Income Rise
2024-05-24T10:56:56.553+02:00
The broker generated about £14.8 million from interest income.
Higher marketing costs also pushed its administrative expenses 45 percent higher.
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Retail FX
Trading 212 Diversifies Revenue Stream: Rolls Out Multi-Currency Payment Cards
2024-05-13T10:13:54.950+02:00
The broker has partnered with the UK’s Paynetics to launch payment card services.
The card will offer cashback and an interest of 5.2 percent on uninvested cash.
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Retail FX
Trading 212 to Unveil Card Services for Users in the UK
2024-02-12T22:28:07.952+02:00
The 212 Card will facilitate international transactions.
Initially, the 212 Card will be available for residents in the UK.
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Executives
Trading 212 Group Expands Board: Adds Sina Mostafavi as the Newest Non-Executive Member
2023-12-19T07:40:00.000+02:00
Mostafavi was previously a board member of Trading 212’s Swedish subsidiary.
He joined the co-founders and other top executives at the holding company's board.
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Retail FX
Non-UK Trading 212 Entities in 2022: Sharp Revenue Drop and Loss
2023-10-11T09:25:07.064+02:00
On the other hand, the UK entity was the key revenue generator and turned profits.
The overall holding company of Trading 212 ended the year in profits, due to the performance of the UK entity.
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Retail FX
Trading 212 UK’s 2022 Revenue Gain Could Not Hold 9% Profit Slip
2023-05-29T08:05:57.551+02:00
The figures only represent the financials of Trading 212’s UK operations.
It onboarded 165,968 new customers last year.
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Retail FX
News Nuggets | 11 May: Zenfinex, Trading 212 Executives; IG's Warning on TRY
2023-05-11T12:31:19.301+02:00
Also, BIS on offline CBDC and crypto airdrop on eToro.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Executives
Two Directors Resign from Trading 212’s Boards
2023-02-02T18:51:42.562+02:00
The Directors are Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.
Nedialkov co-founded Trading 212 in 2004.
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Retail FX
Trading 212 Sees 512% Profit Surge in 2021, Closing German Entity
2022-10-13T08:11:39.063+02:00
Its annual revenue increased by 11.2 percent.
The demand has skyrocketed since the impact of the pandemic.
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Executive Moves
Trading 212 Hires Darren Dale as Group Chief Compliance Officer
2022-09-12T08:20:37.654+02:00
He is a compliance expert and previously worked with other brokers.
Trading 212 has grown at a tremendous pace over recent years.
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Executive Moves
Trading 212 UK Adds Andrew Rydon as Non-Executive Director
2022-08-01T12:49:41.083+02:00
He brings more than 25 years of experience to the role.
His expertise is in technology infrastructure.
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Brokers
Trading 212 UK Sees 74% Rise in 2021 Revenue, Netted £45M as Income
2022-04-12T07:46:36.147+02:00
The broker has seen a massive jump in its financial performance in the past few years.
It is now shifting its focus from CFDs to the stockbroking business.
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Executive Moves
Trading 212 Names Raj Somal as a Non-Executive Director
2022-03-02T11:40:27.940+02:00
Raj Somal joined clearing and custody firm GPP Group in 2016.
Somal brings more than thirteen years of legal counsel experience to the role.
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Brokers
Trading 212 Sees 318% Rise in 2020 Revenue, Seeks German License
2022-02-24T13:02:20.969+02:00
It witnessed a windfall in the year from the retail demand for stockbroking.
It has gained a CySEC license last year.
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Brokers
Trading 212 Receives £13.75 Million in Fresh Cash Injection
2021-08-02T14:28:32.000+02:00
The broker’s total share capital now spiked to £24.56 million.
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Brokers
Trading 212 Starts a Gradual Onboarding of EU Residents into Its Platform
2021-07-06T22:26:25.000+02:00
The broker did not provide a specific deadline for the onboarding process to be completed.
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Executive Moves
Mukid Chowdhury Leaves Tickmill, Joins Trading212 as CEO
2021-05-06T19:26:33.000+02:00
He joined Tickmill in early 2020 as Chief Financial Officer.
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Executive Moves
GAIN Capital Onboards Nick Saunders to Head of Cash Equities
2021-04-06T10:29:48.000+02:00
Saunders has a strong track record of success with startups that he has worked on whether local or international.
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Brokers
Trading 212 Halts All Buy Positions on Silver after Redditors Strike
2021-02-01T22:46:21.000+02:00
Silver prices hit an 8-year high on Monday.
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