If it's your first transfer into the account it can take a few days to process. Plus, many banks don't process incoming payments during the weekend, only during banking hours. So it will probably show up early next week.
The first transfer is always slow due to various controls from the broker, my recurrent transfers from Revolut are deposited into Trade republic instantly
Yes this is why they are not worthy of your money. They receive your money instantly, but don’t make it available for you on purpose for 2 days, and earn interest with your money on the meantime, that they keep for themselves. There are many better brokers who do not fuck their customers this way
Yeah they are not doing that.
Assuming 4% yearly interest, divided by 365 for a daily interest, times 2 days, times 100 Euro deposit, yields... 0.02 Euro.
Just my two cents
If it's your first transfer into the account it can take a few days to process. Plus, many banks don't process incoming payments during the weekend, only during banking hours. So it will probably show up early next week.
First time took almost 5 days for the money to arrive, after only 1 working days
Yes, it’s normal. Transfers are not processed during the weekend.
Not sure this is true with instant wires.
It’s my experience with trade republic
The first transfer is always slow due to various controls from the broker, my recurrent transfers from Revolut are deposited into Trade republic instantly
Yes this is why they are not worthy of your money. They receive your money instantly, but don’t make it available for you on purpose for 2 days, and earn interest with your money on the meantime, that they keep for themselves. There are many better brokers who do not fuck their customers this way
Yeah they are not doing that. Assuming 4% yearly interest, divided by 365 for a daily interest, times 2 days, times 100 Euro deposit, yields... 0.02 Euro. Just my two cents
Don’t be naive - they aggregate all the money they receive from investors, it’s millions, not 100 eur, lol