You seem to be a touch cynical in your posts that I read. āA gangā of investors is exactly what they need. Itās real people, showing their sympathy and support for Freetrade and their attempts to rectify this forced hand.
Isnāt that the exact intention of crowdfunding? Turning customers into ambassadors who will fight to defend the companyās integrity where appropriate. Confused as to how this wouldnāt make sense to you as an investorā¦
The review scores will take a beating from hysterical users for sure.
But the communication and transparency from FT was very good.
This incident is 100% recoverable, especially if they have a contingency in place for Monday.
Just announced on Twitter that the January subscription will be refunded. Which is the most sensible option. Keeps people on Plus and shows that FT are fair.
CurrencyCloud/Barclays more or less confirmed.
The most annoying thing must be the lack of notice for throttling orders from Barclays. Typical behavior from a big corporation.
Will be interesting to see what FTās go forward position is for this. Ideally dual source and some guarantees that the shitshow we had to deal with today cannot ever be repeated. Ever!