Freetrade seems to be dragging their feet with the ISA transfer outsā¦
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Look back at the email we were sent on 16 January (from ir@freetrade.io with subject line Freetrade agrees to be acquired by IG Group). That has the latest info.
Indeed.
After 4 weeks of chasing, I put a formal complaint and my ISA is now getting transferred on Wednesday.
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Im on my third week waiting for transfer, hopefully shouldnāt be too much longer.
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Thanks for update will do that too, strange how they jump on them quickly when transferring inā¦
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If I was a cynical person Iād think they are doing it deliberately to slow the outflow of funds post saleā¦
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After 30 days arenāt you entitled to open an official complaint. Also seeing a few people are having issues with transfers into T212
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How much more fairer and ethical if Freetrade had agreed for B3 holders at Ā£2.60 reduced their share to the same as B1 holders Ā£2.08 and added the Ā£0.52 to B shares so instead of Ā£1.19 they received Ā£1.71 
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So, as an investor from Crowdcube, they have, as far as Iām concerned sold at a loss?
Am I missing something? Do they expect investors to keep their accounts open with them after this?
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In order, Yes, No, Yes
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Donāt think youāre far off mate. The recent push on maximising isa allowance and putting in x amount for x amount for free share.
Her hooves itās a cow!
Happy March, anyone else back from their long (censored) hiatus.
Canāt wait to get the payout at this point
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Traffic has certainly reduced on the Forum
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Iām still trying to read through all the stuff still. Hehe
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Well i didnt have any decent amount of money to buy into freetrade. But at least now i have bought IG and will build on that so at least have a part of freetrade !! Sort of!!
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Have there been an further communications regarding the acquisition?
When is the acquisition expected to close?
How do we know which types of shares are which?
When can we expect payment for our shares in Freetrade?
An update from IG or FT would be very helpful!
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I think the āhiatusā happened to a lot of folks!
Just popped by to say Iāve been on T212 for the last few months and I had no idea investing / trading could be this easy and efficient.
My 11 favourite points so far:
- Itās actually free
- The lower fees on buying and selling shares has made a huge, huge difference
- The range of stocks, ETFs and instruments is massive by comparison
- All the instruments for hedging the recent market drop / FX swings have been extremely useful
- The 24/5 access to buy and sell makes everything easy - no more pre/post market panics
- Every position you hold actually tells you the impact of the GBP/USD fluctuation since you bought, in both percentage and Ā£ terms.
- They use AVCO to show you the real gain or loss - that is an eye opener! I mustāve sold so many positions I didnāt actually need to over the years.
- The chart updates so much faster - plus thereās a more in-depth chart to show volume and use moving averages etc
- You can partition your portfolio to help organise your holdings
- You get a push notification every week to tell you how much interest you earned on uninvested cash
- You can use trailing stops, buy stops and stop limit orders (which creates a limit order for a certain price once a given price is reached)
Happy to answer any questions.
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Thanks for sharing your update, very helpful. Iām still on the fence due to my ETF transactions with T212 being completed via OTC rather than via LSE. Do you have any concerns about this? Also Iām seeing more posts like this popping up which makes me a bit wary
I havenāt experienced any snags with this at all.
I use a paid lse.co.uk subscription to track the live LSE bid/ask spread on ETFs and even when doing a market order, my fill price is bang-on with what is quoted on the LSE. I havenāt seen any execution outside of the official LSE spread.
What Iāve actually found is that liquidity has improved. There were a few ETFs I would use on FT, where a limit order would sit there a while before getting filled, either that or they wouldnāt get filled at all because I seem to recall the FT market maker had a rule where price has to sit at a certain level for a certain amount of time before theyād agree to fill it.
I tried the same ETFs on T212 and found my limit orders getting filled instantlyā¦ actually made me laugh when it first happened.
But since then, Iāve found T212 offer multiple versions of ETFs, with spreads tighter than the ones I was originally using on FT. Another massive money saver.
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