How many users? I think delayes may be coming as people who referred recent members are embarassed to ask for screenshot due to the issues with trading on the product that they referred their mates to. Or maybe not. First time I see no user numbers for 24 hours
5, 6, 7 days even between user numbers updates was pretty normal before the recent events. Sit back. It will come eventually
Some times a whole 3 weeks or more would go by without a number, and we’d just be spamming the forum begging people to put a number in
Partner just signed up now #497,8XX
Oh my…
The race to half a million!!!
Partner just signed as well… #497,91#
Brilliant numbers! Freetrade have gone through the ringer lately but hopefully their responses and actions will make alot of these new customers stay.
Today we will hit 500,000.
It should be a great day for freetrade. However, it will pass quietly and without fanfare.
Today is a day that technicians are working round the clock and customer care battle to curb insurmountable tickets.
The champagne can be popped another day.
Elegantly said. This will be a week with a perennial notation on the growth charts in future presentations.
I just looked back at an old pitch deck
End 2021 forecast active customers was 730k
Were not even ouf of Jan yet!
Keyword there is active. I’d think given current market conditions 1m users ≈ 750k MAU more or less. We should hit that by Oct at the latest. A Fintech out performing their pitch deck projections is absolutely unheard of … To the f***n moon baby
What’s great about this situation is that FT’s competitor T212 completely fumbled it. Their comms, etc have been appauling. Best of all, T212 are not currently taking new registrations so all the potential new users from this gamestop tailwind could be low hanging fruit for FT.
I know, I know, FT are very much in crisis mode right now, but the potential growth is an exciting prospect. Here’s to more +50k user growth days!
the app is in top 10 above revolut in the uk
to the moon
The overall user base is increasing, but it is expected that this field will become more and more crowded as existing players start adding this kind of offering for retail clients.
For example, in the US, on the back of RH sh*itshow, Goldman Sachs are adding share dealing to their retail platform(Marcus) and obviously pitching it as rock solid with the GS infrastructure, expertise and balance sheet behind it.
They could well be doing the same in the UK.
JP Morgan are launching their Chase digital bank imminently in the UK and they could also be looking into share dealing for retail.
I would like to see Freetrade partner in some way with Monzo. Even connect my round ups to go directly to Freetrade
This is absolutely it. Friday felt like a sad day but if they can get a reasonable service on Monday all will be forgiven. Particularly if other brokers stay closed.
If you’re looking for an a banking app with an integrated share dealing service I know one…
Update on Twitter from @adam. Really good stuff, they’re looking at having a fix in place by US open on Monday.
Love the customer focus and ambition. This is the edge of Freetrade (and startups in general) over existing players.
- Lazy “suit” in big bank providing FX trading throttles small company with no notice, instead of fixing their own service, because it can and doesn’t care this poses an existential threat in the current market conditions.
- Small and young company works over weekend to find workarounds to ensure a good customer outcome.
LFG !