Freetrade in the news 🗞️

For balance I could point to other fintech startups that have failed completely or were bought out for buttons.

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All of those launched at least two years before Freetrade. Freetrade has taken a similar length of time to post it’s first profitable quarter

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Point taken, however the spanner in the works was the European expansion. A lot of time and £ / kr / € wasted in the pursuit of that rainbow.

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Yes, I see it this way too, yet ‘everyone’ on the forum seemed to think it was a good idea to pursue expansion into Europe.

Plenty of the UK pie they could have focused on, which they still can, eg JISAs, LISAs.

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I didn’t. Probably because I lived in two different mainland European countries and worked in a third one. The investment culture is different in these three big EU economies. No thing similar to British Gas shares: Thousands 'told Sid' 25 years ago - BBC News to galvanise the masses. So I did not see that the UK business case would easily translate. And I am not the only one who saw/sees this. From time to time I look back at the forum and I notice that there used to be someone with the handle @Bitflip. He made many interesting comments and on more than one occasion pointed out that a European expansion would be super expensive and fraught with problems. Freetrade does not have the money for a European story and moreover in my opinion won’t have one anytime soon.

I think that having more features is not going to help in itself (No matter the loud voices on this forum. We should remember that a tiny fraction of Freetrade active users say anything on this forum.) I suspect that it will have to adjust its business model in the coming months to effectively compete in the UK.

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I wonder if when the history of freetrade is written the last 2/3 years will be seen as a wasted opportunity where the company had a great position but failed to capitalise on it.

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Me neither, hence the ‘everyone’ in inverted commas! :laughing:

For me, my preference for Freetrade was always to excel in the UK market in the first instance, keeping the services simple and straight forward.

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Snow as a Snail.
How long it took to get web version.
I moved my ISA already, if FT ever goes public or gets sold, I’ll be happy.
A colleague of mine said his brother suggested T212.
On the other hand SIPP is interesting, no platform fees.

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In comparison to who?

The new Freetrade website, with its new look and new colours, looks great. Congrats to the team.

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The web page “menu” needs attention as it is misleading. For example: “Personal Pension” can be read as “Personal” and “Pension”, where as it is one menu. @acamp - FYA please.

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I like how the mouse tracker creates a constellation when you hover over it!

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What if general is for settings, investing for investing and account is for account details?

You are looking way too much into things

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I think he’s referring to the spacing between the words, which might give the impression that each word links to a separate page. However, when you hover over the words, the colour changes, confirming that they aren’t individual pages.

In any case, it seems like a simple design fix.

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I am referring to the first 2 menu items, read my text again :frowning:

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Good to see positive sentiment to the H1 results from media.

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Freetrade making moves, very interesting stuff!

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Best bit of news in a long time,at last a smidgen of progress :grinning:

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