Freetrade announces job cuts of up to 15% of staff - AltFi

I must say, some of the comments above and the mention of fee changes from up above are making me feel a little nervous. When I opened my account, I questioned the freemium model, and wondered if it was sustainable - my concern was being stuck with tranches of shares which were effectively worthless if dealing costs were implemented.
Over time, I’ve bought into the idea of Freetrade, and what was a grand or so is now nearly 10k and a plus account. Freetrade has allowed me to be as diverse as I like, whilst allowing me to drop money in sometimes a share at a time. Some of my holdings are just £20 or so - something which would have been impossible when I used to trade through a bank. The imposition of fees though takes this away, and I’m wondering whether to start liquidating before I’m stung.

3 Likes