@acamp mentioned it here.
We are now however well into the tax year so an update would be much appreciated.
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He didnāt say which new tax year 
- could be a decade down the line
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Keep voting people. Freetrade is useless for properly determining profit / loss without it.
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bumpity bump
1 Like
Things that happened in February 2023:
- TInvest formulated this post
- Nicola Strugeon resigned
- Horrific earthquake in Turkey and Syria
- US invaded by Chinese āspyā balloons
- UK energy crisis
Things that didnt happen since Feb 2023
- Resolution to this annoying FIFO feature
12 Likes
Bumping this since Patryk spammed the boards 
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The fact that itās been over a month of us trying to get someoneās attention to reply to this thread and still nothing say it all.
So much for listening to their customer and shareholders!
Something as fundamental as this should have been sorted out by now.
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Thereās 51 votes, youāre entitled to your opinion but this is a really small issue, Freetrade have far bigger priorities at the moment with the roll out of other features.
@Mattywallace I mean it was mentioned here that it would be sorted out early this tax year we are way pass that.
All Iām asking for is an update or response from someone rather than just being ignored.
2 Likes
Hi @bhav
Weāve taken note of this and know that thereās demand from customers for more flexibility in how we show your entry prices on positions built through multiple orders.
Since the start of the year weāve really focused in on a number of much needed improvements while (unfortunately) needing to put many useful ones on the back burner for now.
I donāt have a timeline for you on this but we will update here when that changes.
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With respect Alex, this in my view isnt one of those ānice things to haveā, but rather crucial. I imagine a number of people will have sold their holdings because the FIFO system incorrectly showed they were up, when they might have been flat or in the red.
If I can be told why I should add all my buys and sells to another website (Sharesight), in order to keep an accurate record of my average price, then Iād happily wait.
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I would agree.
I donāt know what % of FreeTrade customers are UK based, but I believe it is a high percentage.
For UK customers, it isnāt about providing more options to show average prices. It is correcting a display that is fundamentally wrong.
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They (FT) must think there are a fruit and veg stall in the market - where you want to get rid (I mean sell) off the oldest item first 
Otherwise it makes zero sense.
Also regardless of % of UK customer, FT is an UK company first. It started here - so you would expect it to follow best practices for UK but they chose FIFO instead.
Hey ho!
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This I why I donāt think it has as many votes as it should do, as with all respect Iām not convinced that your standard investor is aware of the potential implications.
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Iām glad this thread is attracting so much attention.
Having to track my actual AVG in an Excel spreadsheet shouldnāt be necessary.
Again, this change is an easy one to implement. Why itās taking so long is hilarious to me.
If I were to put my skeptical hat on, I could easily assume that letting customers think theyāre making a loss when theyāre really making a gain is more profitable, because it generates extra trading commission revenue for Freetrade when people mistakenly sell their positionsā¦ Itās not a wild assumption to makeā¦
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Do you know why I think it is?
Because most of the FT team arenāt experienced investors - and most of the users donāt understand tax rules and realise how important it is.
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This is the likely answer.
When I initially emailed about it, the person I was emailing fundamentally didnāt understand. They kept referring to āwhat the average price of my holding is NOWā. Totally missing the point.
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I want this as well and because I want it,
this now has to be implemented.
Come on freetrade you know Iām right
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I will give it two or three months, and if it isnt resolved or given proper consideration, I will start to shop around and move my money elsewhere.
Itās not that I dont like Freetrade, but getting fobbed off is quite irritating.
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Freetrade this better be sorted or you will get slapped with a soggy fish.
I donāt track my shares on spreadsheets accept dividents, interest etc so I can see what I made year on year but I donāt have time to mess about inputting every individual share.
Come on before I get mad cow disease
1 Like