Honestly I think it probably the best thing they can do. They should focus on a single market at a time (aka UK) then move into other areas.
It would be nice if Freetrade did the same as robinhood does below and this shows up on the stock page of shares I own as soon as I am eligible to the dividend & on my transactions page as pending.
And yes its always paid on the payment date as soon as trading opens.
Iād prefer it if upcoming dividends were to appear at the top of the Activity tab, with the ability to click through to see the detail (if FT donāt want to show all the info in one go). I wouldnāt see it included in the outputs from that area, though, as they havenāt happened yet.
A similar approach to that taken by Monzo, showing upcoming direct debits, etc. Always at the beginning of the feed of transactions.
Sorry Iām a bit late with a response but I have an answer for you in relation to are I-Web any good for trading penny stocks or AIM stocks.
The answer is yes.
I wanted to buy Celtic Plc (the football club in Glasgow).
Turns out itās an AIM stock.
Because it uses the 15 second quote system the trade went thru then and there.
I got two quotes.
On my 2nd quote I pressed the magic button and ta-da, trade executed then and there and the whole affair was painless.
Because I-Web is a mid way broker. Not completely full service yet not free either, they use market makers instead of the auctions system 212 uses.
Also neither freetrade or 212 have Celtic Plc in thier stock universe as at time of writing
Has anyone watched this and how he gets fees off, he doesnāt really explain why things are cheap, heās a Web designer so he tends to like certain Web interfaces.
Anyways if you fancy a watch to see what he says 
This is why itās quite difficult to compare providers. he put invest engine and ajbell as the winner for fees, while this is true, its only true up to 80k and 50k held with them then freetrade is cheaper. And I donāt know why it isnāt invest engine and vanguard? theyāre more comparable products and have the same % fee (the cap is irrelevant because other providers end up cheaper so you should consider transferring at that point).
I think he did this before the improved web version?
im not quite sure how he came to his tier list, I thought I was because of things like drawdown but then he lists InvestEngine as A tier ??
Itās not fees because InvestEngine is more expensive than Freetrade (also he never mentioned paying yearly making Freetrade the second cheapest on his list), but he cites fees as high off the bat as the reason? but his monthly total cost comparison table says otherwiseā¦ very confusing.
My comparison
If youāre new to investing in a personal pension with a small pension then a % based broker which focuses on a limited set of ETFs or Funds is a good starting place. Which puts companies like Vanguard or InvestEngine as really nice options. I know Vanguard has reasonably good support and is a nice stable platform.
As soon as you hit the āthresholdsā on those % fees, itās worth switching, they donāt offer anything worth staying there unless you like the simplicity and how they offer the product.
ii is good, but the fees can feel complicated.
HL is good but becomes expensive quickly, and as soon as you want to invest in shares outside a monthly option of a limited list itās immediately more expensive than most. But if you donāt, and want to just invest in say a simple global ETF once a month by direct debit. its a good option
Freetrade is imo a nice middle ground. If you want to invest in other shares than just ETFs or Funds or hit that 50/80k % fee threshold it becomes cheaper.
But I think Freetrade still suffers from poorer customer support than other providers (has this improved for anyone recently?). HL seems to be king here, call and the phone is answers in a few seconds (historically at least last time I tried), but then you also pay more to get this experience.
as in his monthly cost he shoes in the SIPP video or the ISA video?
heās really restricting the type and frequency of investing to try and get a stable comparison
Just to emphasis your point about different brokers suiting investorsā differing needs, which is a key one, I actually think FT has the best customer service of the bunch.
I donāt really care about phone support. Iād rather send a message and get a response in a reasonable time and FTās quicker than most.
That said, I pay for Plus and, as an investor, itās always made me a little uneasy that some clients receive top-class service while others donāt. Iām not convinced by that model.
Yes the fact he doesnāt state you could pay yearly with FT making it cost the same as before and the fact itās free if you have 3k etc which is all personal pref and depends how and what you want to invest in.
I see you have lots of experience in using all these providers so that was a nice insight to them as I have no cluenso thanks.
As for the customer support you will see I was on his YouTube video saying you must of had a bad run because anytime I ask ft for help they have got back to me no matter what plan I wqs on and Usally within mins to an hour.
I have got to Ā£0.17 pence moved over from one account to another in under an hour.
Money from my gia all sold to a new isa all in under an hour.
Ant other time I get random messages through saying any more feed back feel free to tell us we appreciate it etc. Or I never asked for more help and I would get just checking up on you to see if there is anything else we can do. So I call that high level customer service.
Iām not sure if itās me being a friendly person to talk to on coms or am I just lucky but I canāt fault and would rate 10 out of 10 for customer support.
Oh I forgot to mention that Iām nowhere near that threshold before FT becomes cheaper but I really canāt be fked jumping brokers all the time and I get over the years I will suffer losses but it is what it is.
Its like bank accounts I canāt be bothered switching at times just for 50 notes etc
I would do if I was on benifits and struggling tho
I would say maybe it could be that weāre plus members and investors but I got good care before I invested and was on a gia for a long time.
I canāt speak of other brokers well actully T212 was bit to bad their the only broker I ever dealt with because I was with them learning how to trade etc and then I had 100 in there for a month and a free share to help a poor mate out lol then I closed the account because I hated that email address.
Itās just my 2p but think this is perhaps a little foolish. After all, the point of investing is returns ā not to support your favourite broker. But to each their own!
Itās more I was going with T212 to start with they closed the door I was learning and at the time never seen any others cheap enough that popped up. I think I seen that plus500 that nobody seems to talk about. I also was on the phone to those lionaire or whatever they were called from London and that was property investment I think or the stock market me being completly new I didnāt no where or what I was doing to be honest.
So freetrade popped up looked cheap and freeshares were on offer so I took it up and stayed there because like real life Iām loyal to something I choose until they take the piss that is.
It might sound foolish but some people chase more and more money. I think I do enough that Iām saving I do more than the average person I can see that just by the evidence of 99% of the people I speak to anywhere donāt invest etc.
I know roughly how much I will end up with and Iām happy enough with that. Iām not trying to chase an extra 5k or 10k. I have no kids and wonāt have kids, I dont have a bought house and well Iāll see about that in the future.
I have came from nothing so living on a low income I have done that plenty right into my late 20s off and on and off and on. So thatās nothing new.
Moneys money and to be honest this is actully a hobby for me thatās what it started out as then I took it a little more serious then I got boried for a while and turned myself off thatās also when I saved my stock money in the bank and held off like you also did.
Moneys working for everyone who knows how to work it but itās a case of how efficient you want to be, the life style youāre after, your health, how long you think you might live giving the health you might have already etc etc.
Long story short I get I will be losing out but it wouldnāt be for years and years is the magical number 50k? But I can bet even when I get there everything will be all changed.
In theory when T212 takes out there free sipp shouldnāt we all just move? Since everythingās free on their platform because of how they make cash.
I just canāt be fked with transfers waiting about etc, and Iām getting my work place sipp moved to here soon too. I like everything in the same place.
Do you jump about to different brokers all the time? I also donāt want to keep track of how much I used in this isa then another brokers isas and everything else, for all you k ow you could ask to move everything over the freetrade somehow change to be the cheapest, imagine lol
If 50k is the magic number even if I started from Ā£0 that would take me 5 years. Thatās straight cash no compounding or interest.
I donāt, no.
But I have accounts with many of them for different purposes and Iāll move investments if it makes sense. I identify what I want to invest in first then find the cheapest/best place to do so.
FTās got better execution on smaller UK companies; T212 has wider range, cheaper FX fees and no Ā£17-per-holding transfer charge; IBKR can be cheaper again for big US purchases; HL offers Lisas and Jisas, employer pension contributions; and so on
Itās reasonable to want to hold everything under one roof, it makes life easier. Unfortunately, thereās no broker thatāll tick each and every box. So, I like to mix and max but thereās no ārightā answer ā all that really matters is what works for you.
I completly get what youāre saying and I know some use some apps fore day trading so they need thousands and thousands of stocks.
I have reduced to be quite simple now I think itās best for someone with low experience and a lowish wage.
Iām happy here and I enjoy the form. I get that there is cheaper places to go and I know T212 would be that place but for now Iām going to keep pushing with freetrade and see how they go.
The target of 50k should be achieved because my goal was 100k and I would be a happy bunny.
If I really wanted though I could do all that jumping about as well for the ebdt prices everywhere but I think Iām doing an OK job as is and tbh life is a bit hectic atm so I made everything simple for me to deal with and thatās the main thing stress free trading.
Hopefully more improvements come then people wouldnāt feel the need to move. Itās hard though to best a company that makes their profits using its customers to lose money to fund it.
Thatās another reason I stay here as well freetrade try to do it the proper way and if they can improve better and find some way to bring in the profits without needing t212s type methods that would be cool.
My HL SIPP got to an amount where it was cheaper for me to transfer to Freetradeās SIPP.
Ironically however, when I come to draw down, itās possible that I may transfer back to HL as they have the draw down options I am looking for, whereas Freetrade do not.
However, this may be addressed in time, in which case I may not need to transfer.