FX fee confusion

Freetrade Chat 🔥
5

So firstly you’re weird formatting makes it almost impossible to read on mobile but I can take a crack at some of these but really you should be emailing hello@freetrade.io -

  • 1 - This is likely something they won’t disclose. As a private company they don’t have too.

  1. The FX partner

  2. How would you suppose the charge you 0.42p?

  3. See bullet point 1

  4. Current value displays … the current value.

  5. Includes fees occurred but not fees due when you sell. Why would it, that wouldn’t be the current value.

  6. Don’t know. Email FT

  7. Don’t know what you’re even talking about. If you place a limit order they need to make sure you have fund to execute your order.

  8. US stock partner is Drive Wealth, they have information on their website.

  9. ISA, PLUS & SIPP.

I suspect based on your question that you’re planning on swing trading / day trading (I might be wrong) but FT has not been built with this kind of activity in mind.

1 Like