The time has come!
Invest by Freetrade, our own brokerage platform, is rolling out, starting today.
We’re looking for a few of our community members to join our closed beta and give us private feedback. After you sign up, we’ll migrate your account over to Invest by Freetrade.
Invest by Freetrade is our own software that routes your orders to the market, connecting to a variety of new execution venues, enabling us to offer thousands of more stocks and ETFs in the very near future. As it’s our own platform, it will also help us ship new features faster. So, it’s good news for everyone on this forum.
The app and your trading experience shouldn’t feel much different at this stage, however, this is a Beta and there is a possibility that you may encounter some performance issues, while we finetune the platform and learn from your feedback.
There are a few things that are unavailable during this closed Beta:
1. Receiving a free share
You can still refer a friend to Freetrade. You will still be eligible to get a free share, however, you will not receive your free share until early Q1 next year as we are developing the ability to allocate free shares for customers on the Invest Platform. Your friend will still receive a free share as soon as they sign up to Freetrade and top up their account.
2. ISA Transfers in
If you want to transfer your existing stocks and shares ISA to Freetrade, we don’t yet have the ability to accept ISA transfers in on the Invest Platform. You’ll be able to request an ISA transfer in via the Freetrade website once this functionality becomes available next year.
3. Opening an ISA
If you already have an ISA account with us, we’ll migrate that over, no problem. In the event that you currently have a Basic Account and also want to open an ISA with Freetrade, we do not yet have the ability to open new ISA accounts onto the Invest Platform. You’ll be able to open an ISA account via the app once this functionality becomes available next year.
To join our Beta, you can sign up here.
Thanks in advance for jumping on board and helping us to make Invest by Freetrade possible. We’re excited to deliver this to all of our customers and bring fantastic new features to you in the near future!