To be fair your post history only comments on penny stocks of Greatland Gold and plus membership
I would also say many people who donāt watch you-tube etc are still affected by them as whatever did encourage them may/probably got influenced by this factor.
This is likely what I will do, but Iām sure itās 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.
No, so I will clearly cancel after a month, which going back to my point, surely isnāt 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 wonāt 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.
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 donāt 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, thatās not a good buisnes model for them either.
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.