Freetrade - Plus Lite

To be fair your post history only comments on penny stocks of Greatland Gold and plus membership :+1:

I would also say many people who donā€™t watch you-tube etc are still affected by them as whatever did encourage them may/probably got influenced by this factor.

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This is for the OP your problem is solved

This is likely what I will do, but Iā€™m sure itā€™s not really what freetrade would want, surely getting people in and staying in would be preferable, hence my original point, some middle tier, perhaps a limit on the number of trades a month, or some other restriction or limit on features.

You started a thread 16days ago and your query was answered and now you have put this post on? What that all about???

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Because I was asking about alternatives to opening and then cancelling, which isnā€™t good for either me or freetrade.

This is unbelievable,some companies charge over Ā£10 for 1 transaction

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I donā€™t quite know what you want??

Is that the same Greatland Gold, that is the darling of commentators on reddit, twitter and youtube, as well as many other ā€œinvesting websitesā€?

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This model, if I trade once every 3 months, freetrade plus costs me Ā£30 a trade, unless I put 4k in.

Is it a minimum 3 month subscription? Sorry I never knew that.Iā€™m waiting for autopie before I join plus

No, so I will clearly cancel after a month, which going back to my point, surely isnā€™t what freetrade want, they want retention and they should be offering a lower tier that is suitable for smaller less frequent investors.

Then surely a month plus is only 10 and cancel, no need to spend 30.

What you are suggesting is FT try and target customers who wonā€™t make them money by the sounds of it. As good as I believe their intentions are for helping people get on the investment ladder they are not a charity. :+1:

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They do :+1: It is called the FREE tariff. :+1:

I thought this thread was about what you want?

And how does that make freetrade money? Itā€™s currently an all or nothing with nothing in between.

I would happily pay a few quid a month JUST for access to the wider pot of shares.

I donā€™t have a clue what this thread is about anymore :crazy_face::crazy_face::crazy_face:

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Why not trade 3 times in 1 month and then cancel your plus subscription and then you have only paid Ā£10

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Let me spell it out.

I want acess to the full pool of shares, that is all, none of the other fluff. I want to pay freetrade some money every month for this, I donā€™t want to pay the full fees for all the added value fluff that I have no interest in.

Freetrade got 1 month out of me, and then I will revert back to the free tier, thatā€™s not a good buisnes model for them either.

There surely has to be a middle ground?

I would say that Freetrade Plus is the middle ground. You have Freetrade Free and I can see in the future Freetrade Premium.

They are trying to run a sustainable business after all.

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They make money on the free accounts via the FX fee. But with the hope that as peoples portfolios increase and people become more knowledgeable they will increase to the plus model.

The Freemium model is used by thousands of apps extremely successfully.

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