I notice freetrade have recently changed the terms of service for free share promotion.
While I respect that fact you make the rules, and rules are rules and all that jazz.
I think that operationally this may not be in freetrades best interest in the long term.
I will give my best explanation as to why I’m saying this.
It’s no secret that Trading 212 is now onboarding new clients after a period of reorganization. From what I understand they are not placing such restrictions on Thier version of the free share offer. If I remember correctly there are still unlimited referrals and every new sign up gets a free share.
For the record I see Trading 212 as freetrades biggest competitor.
I suspect some may be thinking something along the lines of “come on Sam, your just full of sour grapes”.
My answer to this sort of critique is I’ve only ever got 2 free shares on freetrade ever and one was for ISA transfer. The point I’m trying to make is I never had any great success with the free share promotion thing. This should demonstrate that I personally don’t have a horse in the race.
I’m happy to stand corrected if any of what I’ve said is factually wrong. I also am open to a wider debate on the subject.
Over to you