I could live with Trading 212 UI/UX. What I canât live with is Freetrade thinking that basic functions like limit orders should be a premium and severely restricting the stocks available not just to free users but ISA subscribers.
If I could have UK stocks as well as US and an ISA under Revolut Trading, I would dump Freetrade without a thought.
Hey! How much are you paying for Rev?
I do completely appreciate what youâre saying, if this was it from freetrade, the full product, I think theyâd lose most of us from the lukewarm reaction. Give it a few weeks, wait til there are these âhundreds moreâ stocks and ETFs, and lets hope to God SiPPs, pies etc, then compare.
This is like a lot of tech now, release half a product, avoid announcing specifics to help the competition, and hope to build hype over time. Personally I think they went too early and shouldâve allowed legacy holders to keep access to their plus stocks but whatever. Theyâre banking on the other broker forums being full of âwhy donât you have these stocks which are all on FT,â building word of mouth etc. Cautiously optimistic over here, no need to abandon ship quite yet.
Sadly, if it was only a few weeks you would think Freetrade would wait until they launch Plus.
I suspect youâre going to be in for a much longer wait and in the meantime potential customers will consider Freetrade and discount them in favour of their competitors.
They also need to get basics done like tax statements. Neither are SIPPs the magic bullet some here seem to think - they are still a relatively niche product.
Also, none of this is transferable to other markets.
What makes you think SIPPs are niche products?
Since the pension freedoms in 2015, allowing people to access their money from age 55, SIPPs have become popular for people investing for their retirement.
Itâs likely that the bulk of AUM of the likes of HL and AJ Bell will be the millions (billions?) held in SIPPs, many from transferred company DC pension schemes or just investors taking advantage of tax relief to invest for their retirement.
Fees for SIPPs are generally higher than those for ISAs so Iâm sure Freetrade will price accordingly (but hopefully competitively)
I pay ÂŁ12.99 but itâs my main bank account. I was paying ÂŁ17 with Halifax before for their packaged account.
Donât get me wrong, I like Freetrade. I just donât think the functionality is there to justify the price. A long term beta test trial may entice users more, ie like Stake Black.
Another thing that bothers me is the 1D graphics delay.
Can I make a suggestion that you guys wave the first year Plus fees for anyone transferring in an ISA over ÂŁ5K? This is similar to what Wealthsimple are doing
Wait, are you saying Trading212 doesnât have an FX fee? I remember it having one.
I donât think Freetrade wants to facilitate short selling, nor anything that implies the use of margin. Different companies, different DNAs, different approaches
Theyâre not all under plus. iShares, Vanguard, and Investec are all under the regular account. This seems to represent the large proportion of EFTs that most casual investors use.
Welcome to the forum btw 
How is 212 supposed to survive in the long term if not charging any fees and constantly adding new features? Iâm happy as an investor that FT isnât copying them
Simple question to make Freetrade think. How many of the investors in the last round would have invested if the Plus plans had been known?
I would certainly have thought twice myself - unfortunately, like Monzo I donât believe the Plus plan and content is well enough thought out, there is little differentiator while adding cost and complexity to the offering. I wish Freetrade the best but as an investor in them, I have doubts and concerns about the Plus approach.
I hope they prove me wrong.
They seem to be doing fine off their CFD base currently, and are now loaning holdings out. I donât like CFDs personally, but I believe their two pronged approach here is serving them well. Not putting choice functionality behind a paywall will also win them customers over Freetrade
I am completely disappointed by the ÂŁ10 monthly fee for Freetrade Plus! Talk about irony 
I invested in Freetrade in the last round of funding, but am starting to wish I hadnât as I would not done if Iâd know about the Plus account and itâs ÂŁ10 fee.
I use both Freetrade and Trading212, after starting investing using Freetrade I was a big fan of its ease of use. I then discovered Trading212 and like the fast interface, instant orders, live prices, price alerts, limit orders, FX impact, multiple watchlist, percentage returns and now Pies and AutoInvest.
I am a beta user of Trading212 and love that they are adding new features and are almost completely free, except for the spreads.
I sold all my holdings in Freetrade and moved to my Trading212 ISA, canât see me coming back unless Freetrade makes significant improvements to its offering, sorry to say 
They have their own forum tooâŠ
I expected FreeTrade to implement Pieâs similar to M1 finance with an auto-invest approach. Being able to create your own allocations and make single payments into percentage allocations. This feature actually puts Nutmeg and all the others out of business. AND, itâs the single most essential feature for todayâs investors.
Using FreeTrade takes up ALL my time right now. Not being able to pay into multiple ETFâs and stocks in percentage formats makes the whole process too complicated and often impossible, due to different ETF prices and not being able to split ÂŁ200 into them.
Hopefully, they understand the value of this feature.
So Iâve finally made a decision, following a conversation with T212 theyâre in the process of adding the ITâs I need (all of which were uploaded into Plus here), allowing me to transfer my ISA from HL to T212. Itâs a no brainer now. Part of me is disappointed as like the FT product.
Investors are flocking to the lowest fee platform. T212 now mimics Nutmeg but you can do the same allocation for 4 times less the fees. That pretty much eliminates the use of Nutmeg.
You went out of your way to sign up here just to tell everyone that youâd sold up and left FT. You will be truly missed Matthew, thank you for all of your contributions.
He has been a member for nearly a year. Whilst many people do not post often, if at all, these people do read the forum and are part of the community.