Freetrade plus question before upgrading

I’m thinking about upgrading to Freetrade plus, however I wanted to check some things before I do.
Firstly, I have both a GIA and an ISA already. If I upgrade to Plus, do those features instantly get applied to both my existing accounts and holdings, or does it open up a new wallet/account as my plus account?

Secondly, is there a minimum subscription or can I cancel on a monthly basis?

Lastly, if I were to have a plus account, and I did cancel it after several months usage, will that have any negative implications on my existing holdings?

Thanks

  1. It will be the same account just with more stocks etc.
  2. You can cancel on a monthly basis
  3. You can’t buy more of the plus stocks that you hold, but you can always sell.
3 Likes

Exactly what I wanted to hear! Thanks!

Quick follow up, what is the difference between these?

  • Triggered Order
    Sell $AMC when the share price reaches your trigger price. Your order will execute at the best available price at that time.

  • Triggered Stop Loss
    Sell when the share price reaches your trigger price. Your order will execute at the best available price at that time.

If you cancel I think you can’t rejoin for 3 months, to avoid people jumping in just to buy.

2 Likes

Previous thread on the order differences Triggered order (fractional shares) vs Triggered stop loss

1 Like

Trigger order is when it reaches your target price which is above current price

Trigger stop loss is if the price falls below a target price you set below the current price this is used to minimise your loss as the price can drop further

Thanks guys, I found that older thread which explained it really well.
Does anyone know if stop loss is triggered by pre-market prices or only live prices?

Only live prices, FT don’t offer pre-market.