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“Our zero commission approach will not only attract customers from other brokers but bring new investors into the market, particularly younger people as they are more sensitive to overpaying and keen to use new apps,” he said.

The former personal trainer pretended to be a half-Filipino half-Latino man named Kye Fortune and wore a fake penis to have sex up to ten times with the young woman over two years.

This 'astonishing deception' was to quench her own 'bizarre sexual satisfaction', Manchester Crown Court heard.

Trading 212 users will also have full regulatory protection as parent company Avus Capital is authorised and regulated by the Financial Conduct Authority.