That’s the downside I agree. I noticed you also pay around £12 to buy stocks there too. So looking at £24 before you can even make any profit. Not great for small trades. I will probably only invest there in stocks I can’t buy on Freetrade like IAG and RR.
However I mainly created the account to use with PB. In fact I only created my HL and PB accounts today when I saw this offer. As @finki said, it’s pay that fee or don’t get them at all.
Yeah I opened a HL account several years ago but never used it, after getting started with FreeTrade I decided to log back in to that account to see if it was worth using, was reminded of those charges and why I never bothered the first time around and promptly closed the account. When I’m generally doing transactions of under £100 and often closer to £50 it’s a ridiculous amount
Good time to buy the dip surely? I got my full allocation from Primary Bid, which was nice. I can’t actually buy more on Freetrade myself as I don’t have a Plus account. Might be worth upgrading.
I’m up 22% on MARA today, 28% on RIOT but like I said, until today they were down for the month while ARB was up 100%, can’t complain at that. Diversify though if you believe in bitcoin.
Patience. Look at the share price of RIOT and MARA last year. ARB is in a strong position for growth in my opinion. In a year’s time we might all be wishing we’d bought more at this price. I’m not risking too much capital because of the risk to the price of bitcoin.