Best online trading platform award 
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Congratulations Freetrade team 
You couldn’t have done it without me 
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Congratulations Team Freetrade! Outstanding achievement to win consecutive awards! 
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Congratulations all - well deserved! 
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I imagine you voting 1,000 times like a parent trying to ensure their child wins a local newspaper’s bonny baby competition. 
Congrats Freetrade!
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Not at all,when I say “me” I mean everyone that invested 
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They got that out early. Pre fed information before the community meetup
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It’s good to see FT partnering with others more and not trying to build everything from scratch.
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It’s nice to see FT finally getting around to being able to offer proxy voting. However, we really need to see this added for UK shares/companies, not just US.
Matt
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After reading it, it doesn’t seem as serious as the headline makes out. FT isn’t the only one doing fractional shares in ISAs. And any negative move by HMRC would be seen as very anti progress and anti poor people. Then again they were happy for people to commit suicide over loan charges and IR35 so who knows.
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That is a concerning story that deserves its own thread.
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Hi both,
Just to provide a bit of context on our position that may or may not be accurately reflected in that report.
We strongly believe fractional shares make investing more accessible for savers, especially those just getting started. It aligns directly with our mission to Get Everyone Investing. Fractional shares offer investors materially the same benefits and protections that they receive when investing in whole shares. For this reason we began offering fractional shares in our ISA product in 2020.
We believe Fractionals are permitted by the rules and we have received well reasoned legal advice that supports our position. Other providers also offer fractional shares in their ISAs and have received similar supportive legal advice. We have been in discussion with HMRC on this matter for some time. Nothing raised by HMRC so far changes our informed position.
We are committed to resolving this directly HMRC as required. We want to reassure customers that Freetrade would be responsible for settling any tax liabilities due on fractional shares in our customers’ ISAs. However, we will resist such an action by HMRC, as we believe that collecting tax on these amounts would be unfair on us and our customers, and unsupported by the ISA rules and wider policy considerations.
We feel it’s important that we robustly defend our interpretation of the rules because of the real benefits that fractional shares offer ordinary investors. It is very clear to us that fractional shares make investing more accessible and make it easier for investors to be able to effectively build a diversified portfolio. While fractions benefit investors of all sizes, banning them from ISAs would create barriers to entry for those investors with more modest amounts. This runs counter to our mission and our beliefs as a company. We are committed to protecting the interests of our customers and everyday investors at large in fighting for and securing a positive outcome.
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HMRCs position that if you don’t have enough money to buy a full share of TSLA, MSFT, META etc. you don’t get a tax break is ludicrous and I think it’s definitely the right move to stick to your guns.
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Great to see FT holding its ground!
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If Freetrades postion is backed by sound legal advice and there is genuine and ongoing engagement with HMRC to clarify and resolve one way or another then the current position isnt immediately concerning.
However it is an issue that needs a resolution in the foreseeable. I would be concerned that kicking the can down the road could snowball the issue for consumers and be detrimental to Freetrades growth and sustainability going forward.
So please push for a resolution …no one likes uncertainty were their money is concerned.
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We agree, @Bob1 and are working very hard about seeking this certainty and are having very encouraging discussions.
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