Iād take these extraordinarily bold expansionary statements with an equally gigantic pinch of salt.
Expanding into different regions is super difficult considering the different languages and financial regulations, especially for a wee startup. Easily said and imagined by wide-eyed founders, but much harder to execute.
Without reading their literature or going into their website, I suspect they will start in an English speaking country (UK) and will stay there for a while before making an expansionary plans.
Furthermore, expanding into a new geographic region too quickly to pursue growth can be a painful and expensive exercise. Look at Purplebricks.
When you strip away the mights and might-nots, this is great for us as consumers. Right now Freetrade are the only tangible option for free investing, but within a year weāll see more entries into the market and the competition to provide the best service is only a win-win for us consumers
Exactly, and they look quite lucrative - wider range of instruments, same zero-fee approach (apart from 5EUR to withdraw to a bank account) and they have a web interface.
This is the sort of thing I mean, if a few more players enter the market with similar features (maybe even more) then we all benefit.
I donāt quite understand this idea of āPlaylistsā - is to share my buys/sells with friends? Or create a list of automated actions that flw on from one another?
Thatās what I think anyway. Same as Spotify have your daily mix lists or similar to what youāve listened to lists. Hopefully it will have some diversification in there though
It has different features to discourse, a more Facebooky profile section for a start. Iād like to see what tools the admin/mod dashboard has compared to discourse
