Sunday afternoon, pour out a beer and letās get the real answers on todays big questions @adam
Can we come up with a better phrase than dead cat bounce?
How about some sarcastic stock description? I like those.
Weāre the moon landings fake?
When are you getting rid of the US with holding tax on my SIPP?
If you had to pick, had to, would you rather a hand made of ham or an arm pit that dispensed sun cream?
Just bumping to the top so the unfinished business is not forgotten about
Hi @adam, any chance you could finish answering the remaining questions soon?
@adam - Are you OK?
Hi Adam.
Just a clarification question from my end. I am the user number 100XXX and I currently use the beta version of the app since I am located in the Netherlands. My current Freetrade app is basically UK based (with currency in pound, etcā¦), how will my account convert when you will have an official launch in the Netherlands? All my portfolio will be automatically converted in Euro?
How long do we leave it before we send a search party to look for @adam
Quick someone put out an APB
whatās an APB?
Adamās missing. All the merch is missing as usual.
Co-incidence? I think not. Heās probably sitting on a beach on a tropical island right now sipping Mai Tais whilst wearing a Freetrade hoodie, a Freetrade bomberjacket, Freetrade socks and a Freetrade thong.
Just one thong?
Did the Trading212 guys send around a goon squad?
The other kind of thong (th thong thong thong) I believe ā¦
This song must have a completely different meaning to Canadians and Australians 
How did we get to thongs!
I can confirm Adam is OK 
Weāre sorry for the delay in the remaining questions being answered. Weāve not forgotten and Adam fully intends to answer them all. In the AMA session, he took time to answer each question individually and give them the appropriate care and attention. As you can appreciate, heās super busy so as soon as he has availability, heāll respond to the questions.
Thanks for the update @Rajan07
Iām sure the community would really appreciate an AMA from @KarlB or @timdrew to discuss EU rollout / crypto respectively.
The most immediate new revenue streams we are working on are securities lending and crypto. You will have noticed we updated our T&Cs to allow for sec lending, but havenāt actually turned it on yet. Weāre still working through how it will fit with our subscription plans, eg what % of interest earned goes back to the customer on the various tiers. I think youāll see something similar to how we deal with interest earned on client cash held in custody. Crypto was addressed in an earlier question, basically we are going to wait until we receive FCA registration approval to ship it.
Youāll also see a revamp of our subscription tiers this summer, which will see more value provided to more customers, and should also result in more revenue for the business.
By āDFMā I assume you mean discretionary fund manager? If you saw the 2016 Freetrade pitch deck, that was in there (IFA marketplace), and I still think no one has done it properly. Would love to have that available to our customers, but priorities. Better tools for DIY will be finally rolling out every couple weeks or so this summerā¦
Whats the realistic timescale of this?
Shorting stocks is an advanced feature that isnāt considered suitable for most of our customers (ie the risk of loss is theoretically infinite, vs long positions can only go to zero), but for a lot of our more experienced investors I think it would be compelling. So lots to consider there.
Weāre working on step 1 right now, earning interest on custody assets, like what ETFs do to reduce their overall transaction costs. Step 2 is to productise that. The ability to take short positions would come after that so wouldnāt want to assign a timescale at this point.
For the most part, I think ETF fees are pretty reasonable these days. Actively managed investment trusts less so.
Iām deeply sceptical of financially incentivised ācopy tradingā. It is a minefield from a regulatory perspective, and Iām not convinced that on balance it would lead to better customer outcomes.
Sharing what you are investing in with friends, or a community like ours, I think that is super valuable to generate meaningful discussion. Adding fees or revenue share into the mix changes incentives and should rightly come with a higher bar in terms of qualifications and regulatory oversight imo.