I would like to request a number of USxxx ISIN ETFs, and encourage everyone to up vote this as weāre really missing some value opportunities with mitigated risk.
There are so many great ones, with no real IExxx equivalents, that arenāt on the FT platform.
This is especially because some of these ETFs are on other platforms, but Freetrade has a competitive advantage within the Ā£0 trade platforms, like T212 and eToro, with the ability to open and use your ISA.
I have quite a few others, the ARK Investment Management funds, ARKK, ARKW, ARKF, and also some of the other tech funds like CLOU.
Hey! Unfortunately, no US etfs can be added. They lack the required documents. There are 100s of posts about this on the forum already, so if youād like to learn more about it, just use the search function.
Even if you declare yourself an āinvestorā which wouldnāt be a problem as thatās just a case of a Ltd and a declaration.
Would it be fair to say that the comment you quoted @SebReitz still indicates that the way to get access to US ETFs is still not something FT will offer considering Finki said āon other platformsā ?
The requirements to be one arenāt always easy. Im sure Iāve heard you need Ā£500k in cash or to be doing several large trades (10k ish) a month. I might be wrong but worth having a look.
Appreciate the heads up and the advice @AdamL.
I will have a look through the IExx ETFs available, maybe I can find a couple comparable and good ones, though tbh, I donāt hold out much hope.
Then, maybe Iāll have to look at one of the more expensive platforms.
Because I definitely have access to more ETFs on a platform like eToro which should be subject to the same rules, in theory, as Freetrade.
Iām open to that idea @Dave, Iāll look again and double check as I have only had a cursory look at that platform.
If this is indeed regulatory across the entire UKā¦ we are, as usual, as investors being put at a massive disadvantage given that some of the best ETF options with USxxx ISINs are providing some absolutely superb returns. While their IExxx counterparts are far less weighted to the big stocks and thus the returns are pretty average (at best).
Appreciate your time engaging.
Iāll update this thread once I sneak a look at my eToro account again.
FYI @Dave, eToro, far as I can tell, their platform offers not all, but some of the USxxx ISIN ETFs as the actual ETF.
With that said, these screenshots are a cursory look at the platform for 2 mins in order to get a reply to you but I see nothing to indicate these are are CFDs, but they totally could be given the selections available on the app.