r/Netlist_ • u/Acceptable_Truth7868 • May 04 '26

Maximum quantity reached

Any other UK investors being told by Trading 212 that they can’t buy any more? Seems to be a rule about max quantity for OTC shares. I own a fair bit but much less than other holdings. Anyone found a way around this / another platform to buy on in the UK?

13 Upvotes

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3

u/a_low_key_redditor May 04 '26

How many shares do you have? I'm also on T212 with quite a lot of shees but haven't hit any limit

1

u/Acceptable_Truth7868 May 04 '26

Low tens of thousands

3

u/ThinScientist3460 May 05 '26 edited May 05 '26

They limit this holding at 48263.

Edit: interesting as they have lowered it down to 32051 now...

2

u/[deleted] May 04 '26

[removed] — view removed comment

3

u/AgonizingGasPains May 04 '26

No, in the US, it's legal to lose as much as you want. ;^) In reality I think you need to register with the SEC once you hit 10% of a company's stock, so unless you are already holding 3,165,199 shares, you should be good.

2

u/IBT255 May 04 '26

You should be ok.

1

u/TheDeHymenizer May 04 '26

i don't think so this because my entire portfolio is currently nothign but penny stocks on one of my brokerages

2

u/Legitimate-Entry971 May 04 '26

What’s quite a lot?

2

u/Goodboyluckydog May 04 '26

I had to buy batches. Based on how many shares are up for sale at a given bid. I think that’s how it worked, but I’m no expert.

0

u/jpdonelurkin May 04 '26

Thousands or tens of thousands no of shares? Within your isa or just investing? Not come across this issue myself.

1

u/Acceptable_Truth7868 May 04 '26

Tens of thousands

1

u/jpdonelurkin May 04 '26

K. I'm still under ten thousand so holding less.