How does Freetrade make money?

You might not have been following for a long time but invest allows those things, I don’t think bringing invest online ever was discussed as allowing those things on day one. From reading this forum the last two years it seemed to me that the invest platform would allow them to scale, allow them to add new features and crucially allow them to cut costs above all else.

Weve seen a marked increase in the amount of new stocks and ETFs being brought on to the platform so that’s working. Yes there’s more to improve and I for one would still love to see the bid offer spread and live pricing but at the end of the day freetrade will have to be able to change their mind quickly if a feature they thought was going to become live, made other parts of the business worse or more unprofitable.

I never expected for instance that they would stop charging fees for instant trades which they have done. And that was a revenue generator that was quoted in previous crowd funding rounds but there’s always going to be things that we just won’t have the full details to understand. It’s my own view but I trust them to do whatever is right to scale freetrade.

Everyone’s opinion is valid and always useful.

4 Likes