Borderline illegal practices - Anonymous employee Trading 212 Employee Review

1.0
Sep 17, 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Do not let employees sweet-talk you into joining. Find a better offer.

Cons

"Funny" enough, the things you would typically complain about, like toxic culture, lousy management, and chaotic work environment, are not even beginning to scratch the surface of the actual problem. So here are a few things which, in some circumstances, might get the company circulating in the media and might even get someone in court. There is close to sexual harassment treatment of some women in the company. Some female employees are bullied by their male colleagues. Also, there is an unwritten policy not to hire women for some teams. Unfortunately, HR is in no position to react because they will get fired (think private company) The company has registered entities across Europe. However, most executives hired are just decoys to keep face in front of the regulatory entities in those countries. The actual decision-making is done in Bulgaria in a mafia-like manner (if you imagine The God Father movie, with the CEOs/ CTOs in the leading roles). The product is unreliable, systems are failing, causing illegal market activity on the side of Trading212 (obviously they are covering their tracks as much as possible). Plus, the company is advertising that it's zero commission, but they are charging the customers in several other ways. The business model is similar to a casino. You need the customers to be active on the platform and make orders. That's how they make money, and they don't care if you can lose your savings. Similar to Robbin Hood, the gamified UI facilitates such behaviour. If you look at the application, it seems that a 12-year-old designed it. There is a reason for that. Honestly, I can not believe how all of this is legal!

Explore other reviews about Trading 212

3.0
Sep 4, 2024
Recommend
CEO approval
Business outlook

Pros

Many areas to gain knowledge

Cons

Diplomacy, no actual management at the company

1.0
May 28, 2026
Recommend
CEO approval
Business outlook

Pros

From the outside, the company looks exciting. It sells a strong fintech vision and gives the impression there will be real opportunity, pace and progression.

Cons

The reality felt very different. The first point is the sheer level of micromanagement. Absolutely EVERYTHING has to go through the owner in Bulgaria. The CEO likes to paint the picture that he is in charge but in reality he is petrified of the owner more than anyone, and will instantly fold when challenged. Job security is very poor, with people joining and leaving very quickly with absolutely no explanation given, just come in one day and people are gone. It created a constant feeling of uncertainty, especially during probation, where next to nobody passes. Expectations were also unclear. I was given work that felt almost impossible to deliver properly, without enough clarity on what success actually looked like. At times, even senior people did not seem fully aligned on what they wanted, which made it difficult to know how to perform well. The hiring process gives the impression of a fast-moving, exciting fintech environment. In practice, the culture felt cold and uncomfortable. The office was very quiet, and there was a noticeable sense that people were keeping their heads down because they were worried they could be next. I would be very cautious about leaving a stable role to join this company unless you are comfortable taking a real risk. The gap between what is promised during recruitment and what is actually experienced is significant.

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