UPDATE: We expect to add the stocks when the fractional shares rollout is complete in May 2020.
We’ve been talking for a while now about adding thousands of new US stocks to your Freetrade app.
Here’s an update on how and when that’s going to happen.
Part one: community requests
Lots of you have requested and voted for stocks. Thank you!
Before we share details of what we will be adding first, here are some securities we won’t be able to add quite yet:
- Stocks not listed in the US or UK (rest assured, we will introduce access to other stock markets in the future!)
- US ETFs. We can’t add ETFs which are listed only on US exchanges, as they do not publish a KID (key information document) which is currently a legal requirement in the UK.
Sneak peek
Moving on to the list of new stocks we can add to your app.
We’ve been crunching the numbers and have created a list of around 250 stocks and ETFs which we plan to add as a first batch.
Here’s a sneak peek of the top 10 US stock requests:
- Virgin Galactic - $SPCE
- Realty Income Corp - $O
- Costco - $COST
- NIO Inc - $NIO
- Tilray - $TLRY
- Amarin - $AMRN
- Waste Management - $WM
- Roku Inc - $ROKU
- Altria - $MO
- Sonos - $SONO
We’ll be adding these 250 stocks in the next few weeks as a first batch, following the launch of US fractional shares.
Some other top-requested stocks listed in the UK include BAE Systems, easyJet and IAG. These companies are in strategic industries (such as aviation), and they require something called a nationality declaration form.
Invest by Freetrade will enable us to add these stocks in future, and more.
Part two: even more stocks
We’ve almost finished the upgrade of accounts to Invest by Freetrade, which gives us more access to add more new stocks much more easily.
We’ll continue to work through and prioritise community requests, followed by other stocks and ETFs we’re able to add from the US and UK markets.
Stay tuned for the drop and please keep voting!