It is nice to see Freetrade moving up the Free App chart, although I must admit I would rather we were closer in position to Trading 212 which is in the top 5 Free Apps.
If we’re now getting 600 users per day, I wonder how many users Trading 212 is getting, a few thousand?
Hopefully, the advertising budget is being increased and we can continue to attract more users and move closer to the top of the chart.
I’ve started recording these ranks. I thought it might be interesting to see how the users per day metric correlates. I don’t see a clear correlation at this stage, but let’s see how it goes with more data.
I’ll start including Android. I have Android so can get this too, but hopefully someone else keeps posting iOS. I wonder what this looks like in Ireland (Looking at @shane-aurora).
Looks like Square’s Cash App is above Freetrade on Google Play store. And it’s 15th on iOS below Curve (4th!) and Revolut (13th), while Freetrade is 40th.
I haven’t deposited unfortunately. I don’t have access to it unfortunately it’s now saying app is not available in my country when it says we have a shiny new update.
In such incredibly turbulent times, this is a great opportunity for first time investors to enter the market and for to pick up significant market share.
If they do want leverage the situation it does raise some tricky questions around positioning and execution of the marketing plan as the optics of benefiting from market dislocation given how serious the catalyst probably won’t go down well with groups who revel in the act of being outraged and offended - but it’s precisely in these times that compelling opportunities will emerge.
Just a friendly reminder to all new users they can share their id in here!
The last count was 6 days ago and Zac’s graph started to look like the holy hockeystick