Just wondered if there is any reason to have a DD rather than standing order into Freetrade? Thought it sounded sensible but having requested it to happen on the 1st of the month, it was only requested on the 1st so didn’t land till after markets closed on the 3rd which happened to be the Friday so couldn’t be used till US markets opened on Monday.
Trigger a bank transfer and the funds landed within seconds. Seems like Freetrade would be better not suggesting direct debits at all?
Use whatever features suits your needs. Direct debits are guaranteed and useful for regular investors, the processing time is normal for direct debuts and the app tells you when it will be credited to your account
I’d find it much more useful if the direct debit landing triggered a reoccurring order. I used it for bit but switched back to manually sending the money and manually buying stocks.
Same, tried it once, money went in, had the reoccurring order setup for the day after and even then I still had to manually buy as it won’t buy complex stocks, you can do in 2 mins what takes about 5 days to process 
guess it will work for some though