Freetrade in the news.
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Very nice mention -
Freetrade is another good example. It allows people to invest in the stock market without paying the usual brokerage and management fees. Itās a great way for ordinary people to grow their savings during a time when many bank accounts offer negligible rates of interest.
There are so many good fintech products out there. Letās pay attention to the ones that are helping people, not hurting them.
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I didnāt see a thread about this, so if there isnāt one hereās a thread for Freetrade in the media.
Freetrade was mentioned on the BBC Moneybox āhow do I start investingā episode released yesterday, when they talked about some mobile alternative platforms for investing. It was mentioned as an option for people who want to pick individual stocks or really want to learn how it all works over the other mobile apps which just invest in a handful of āriskā based profiled options.
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There is one old thread created as freetrade in the news Freetrade in the news šļø
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15 min 50 secs in after having advocated for index/fund investing e.g. FTSE100, Holly lists ānice optionsā to being investing such as Moneybox, Wealthify, Nutmeg and Plum.
Then Anna suggests as another DIY option: āā¦Freetrade actually allows you to invest in particular companies that you can look up and see what theyāre doingā¦ā
Amused Host interrupts as: āHolly is pulling a faceā
Holly: āā¦ the Freetrade app is an interesting concept but I think the problem with it I feel is itās getting people to buy one individual share and that is putting all your eggs into one basketā.
Context for this related exchange :freetrade: :
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Genuinely struggling to understand where this view has come from. Certainly it is far divorced from Freetrade as I use it.
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Maybe the āget one free share for referringā message has landed as āinvest in one shareā for some people. Or maybe she just meant to say āitās getting people to buy one individual sharesā.
(It feels true though that thereās a lot of people who would invest but would like it to be simpler than an execution-only broker can make it for them. They may be going to the discretionary platforms like Nutmeg at the moment.)
She can check out the SXX thread if she wants to see the communityās view on diversificationā¦
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Thatās a 
feature, data viz is underrated. Design is everything. How come @adam gets to have that in his beta and we donāt? 
Nice job :freetrade: team 
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Nice plug from @adam in The Times Money section today :
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This is a must. Along with creating your own portfolioās (I have created idea before). Show equity postions in that portfolio that you create as well. Post has since been merged butā¦
I would like to have the ability to group different stocks into portfolios for each user. Example: I might have a tech portfolio I call Portfolio A. Portfolio B is a balanced portfolio with a lot of different asset classes. Portfolio C might be a dividend portfolio. It would be nice to be able to group these at the userās choice. And show the percentage that stock makes up that portfolio it resides in.
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Freetrade got a mention under Cheapā¦ in fact, free in this post.
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Did not expect to see the phrase, āIt oozes testosteroneā, to describe the app.
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Donāt agree with the testosterone comment, but can understand the intimidation aspect.
But it wonāt be for everyone. It oozes testosterone. Thereās not much content, guidance or help and if you donāt know what you want to buy it could be intimidating.
Freetrade has loads of content (medium blogs) & wikis that could be signposted in-app e.g. like in the current Monzo app:
@jani @Viktor itād be great to add a curated version of the existing stock of ācontent, guidance and helpā in-app to compliment the Insights tab in development.
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Iām confused by that. What do they mean? Iām kind of failing to see how it oozes testosterone , sounds like they just made it up.
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Itās a bizzare phrase, and the colour scheme doesnāt exactly fit it. The point that the app drops you in the deep end and doesnāt offer any hand-holding is fair, but equally the reason why there isnāt much āguidance or help [ā¦] if you donāt know what to buyā is surely because Freetrade cannot offer financial advice?
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We agree, this will be helpful! Some of them are around, e.g. the ETF intro post on the Discover screen. 
But we shall do more.
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This just in
I am reading it now.
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Our clients are overwhelmingly millennial,ā said Nebehaj. āThe average age is 30 but we do have a small number of outliers. One customer is 90! He posts quite a lot on some of our discussion groups too
Any guesses? I would be classed as a bit of an outlier but itās not me 
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