My name is Lianne and I live in Guernsey. Whilst I have just invested in Freetrade through your crowdcube round, I am really keen to use the app itself to make some investments.
However, unfortunately the app is not accessible from the Channel Islands at the moment. I have spoken with Adam about this and he is not sure what the barrier is here, but has suggested that Dan might be able to shed some light for me with his compliance hat on?
Hi Lianne, unfortunately Guernsey has a separate regulatory regime to the UK, which means that FCA-regulated firms like us cannot automatically provide services there. This, together with some difference in tax treatment of dividends, are the main reasons why we cannot offer accounts to Guernsey residents right now. We do have expansion here in our plans, however.