It’s not about tinfoil hats. Just wondering if there is somewhere else that is free to trade. The whole point I started pissing around in this app was because when I started you could trade pretty much whatever, and they made cash off the trades somehow. Not they’ve changed it, so will leave after HE1 plays out. Just wondering where to go to.
With a few prior comments it was insinuated that this share being hidden behind a paywall was a ploy to force people to upgrade, which was clearly false and just a mechanism of how constituents are moved between indexes, and what indexes are available via the Basic plan, I was helping to clear this up
With regards to other brokers you can probably refer to the competitors thread here - Freetrade Competitors - #1614 by axeedwards
I’m only aware of one broker (possibly another) with similar competitive/low fees
I opened an account with Trading212 this financial year, it is by far my preferred platform. And they are starting to roll out transfers in/out of stocks from/to other platforms, as soon as that option for me becomes available, I’ll transfer everything out. Leaving only my SIPP until i find a better home for that too.
Trading212 is completely free. Usual but small FX fee and required stamp duty, but no trading fees, or demanding upgrades for certain stocks. They make their money via CFD trades as around 80% of traders lose there. But the ISA is free.
Bye bye Freetrade.
Be careful mentioning such companies, its a swear word on here. My post was flagged not so long after i posted it by mentioning the far superior platform. Some sad people flagging it up, I imagine this post will be flagged for mentioning people and sad.
Two posts of mine got flagged lately too.
If they were in specific company threads but bashing FT platform, they were probably (rightly) considered off-topic.
They were off topic, as it was suggesting a sense of humour malfunction. And I expect all others will be flagged too.
Oh right, yeah maybe.
That’s fair enough but how was HE1 (not TM1 - different thread) available to free users previously?
I couldn’t see that HE1 had been part of any rebalancing exercise on the FTSE.
I do have to say that, having just not long ago completed a few trades on both platforms T212 seems way slower at completing the trade compared to FT. I do like having availability of limits on the basic account though, can save a few pennies.
They definitely are slower on some trades i noticed. Mainstream seem quick but the less ordinary are slow.
Big win for me personally, is they’re free and dividends are paid on the pay date, not days after as Freetrade do.
Can only presume it was an oversight, TM1 was added on the app sometime in November 2021 before the basic plan got defined in 2022
Likely a flag in the database that they missed updating
After hours trading too which has been a godsend. Great feature, with me being active especially around US stocks and earnings.
24/5 trading coming soon too. Always improving.
FT moons behind yet again and seemingly no drive or desire to ramp things up.
Was just about to post link haha
At the time that HE1 IPO’d the basic plan stock universe included “IPOs”, so it would have been free due to that. Clearly that was an unsustainable policy because it would mean every new to market company being in the free tier.
Now can we all bring this thread back on topic please
Great interview and a lot to take. They’ve said they’re not waiting for lab results as they already have independent verification which I think is a surprise to a lot seeing as everyone thought that was what we were waiting for.
And good to hear they’re working out what to do next and just getting on with it. Next few weeks/months will be interesting for sure.
Yeah same here @sdebar I thought we were waiting on the official ‘rubber stamp’.
Great interview, it’s hard when we don’t have a definitive timeline for news though, hopefully we will know more soon.
Holding strong for the win
Disappointed the interviewer didnt ask is it nearly Lambo time Lorna.
Well the market likes the interview