Time to turbo boost with incentivized referrals, followed by European expansion, then new investment platform, and list goes on…
Strange… there is another post that indicates user number at just under 35000🙄
More interesting would be the average and median balance.
They’re slow playing us to that 50k mark!
Absolute numbers may not look impressive for now, but I’m sure the monthly growth rate tells a different story.
And it’s not just about the numbers, the customers that have been onboarded are having an amazing experience as the trustpilot reviews show https://www.trustpilot.com/review/freetrade.io
For a complex product that was shipped just months ago, I’d argue this is no small feat. + delighted customers will turn into promoters and help with organic growth
We had 20k users at the end of April & now we’ve surpassed 30k, about 2 months later so I reckon the growth rate is pretty good
Hargreaves has 1.1 million customers and I think around 40% of the UK stockbroking market. If that’s correct, it puts the total UK market at 2.75 million and means FT has 1.1% of UK customers inside its first year
At interactive Investor we got ~1,000 clients per month with advertising!!
Hargreaves have got 40% of the assets under management pot - £91 billion.
I joined about ~20 days ago and am somewhere in the 33k bunch…
Almost 34k actually!
Good to know. Thanks.
I think that not everybody who has downloaded the app and therefore received a customer number has necessarily funded and therefore is counted as a user?
Or perhaps funded but not yet traded?
Just to be clear, you don’t receive a customer number for just downloading the app!
You need to create a Freetrade account, but we also don’t change your customer number after that (ie if an earlier customer closes their account, you don’t get a lower number). But that hasn’t happened much at all.
Funding, trading, activity etc are obviously different measures.
What about average balance? Or won’t you tell
Partner just signed up, 38,473 users now. This is an incredible growth rate, well done Freetrade
One of my friend signed up yesterday evening with user No. 38,717. Looks like every day almost 300 sign ups. Not bad
Anyone know the current user numbers?
We should be way above 40K customers.
Today morning around 10:00 AM , one of my friend joined with user number starting 41,000.
Today evening around 8:00 PM, new user number was 41,4xx (aprx 400 new users in almost 2.5 days )
As far as I am aware Freetrade has done zero advertising.