Iāve reported 3 reviews that were laden with expletives. 3 closer to 5* again ā¦
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Small update- couldnāt leave a review in Google play store for some odd reason. but if you have this issue you can go there via a web browser instead and leave a review that way.
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Great work 
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Hello,is anybody out there 
I think RH were very unfortunate and the management were not very well advised on the day. I think now they brought onboard PR people to help out. There is way too much at stake and the founders were just not experienced enough to deal with this much scrutiny and let the conspiracy theories run wild.
I kind of have sympathy for them. Being a broker dealer might have seem the most flexible and cheap solution and nobody thought that collateral increases in extreme scenarios can balloon with $3 billions in a night.
By the way, that same constraints can happen to any broker dealer, especially if they donāt have a massive balance sheet behind them. So other players and their partners, might be forced into the same measures.
Just left my 5-star review on Trustpilot. Has anyone got a number update?
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Tell me if you feel sorry for Robinhood after watching this. This is why I dislike Robinhood | HyperChange Archives - YouTube
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Yes, aware that they sell order flow to Citadel Securities and other market makers.
My opinion is its bad karma to derive enjoyment from a competitor getting in trouble, when the exact thing might happen to you when your luck runs out. Not saying that this will happen or anything, but there are many more brokers dealers(theoretically including the one used by FT) that can be caught out by same collateral problems.
Sorry for steering this off topic.
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Thanks for sharing Brian, great video.
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Drivewealth which is used by Revolut and FreeTrade are in the same boat. Theyāre all doing it, it seems.
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Guys can we keep this thread to user numbers only please. All this chat is off topic and there are other threads for it.
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Just to clarify I get no enjoyment one way or the other. I would be sad if Freetrade behaved similar,Maybe Freetrade would be better with the Vanguard process for executing shares.Apart from that Live and Let Live 
It seems to be that this thread has now become the main thread for every topic,which I personally donāt mind. We can always include the numbers on a daily basis.
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My understanding:
- brokers must use market makers when executing on the exchange is not efficient for the customer or when they cannot use their own inventory.
- the list of so called ādodgyā HFT market makers in Galiās video is pretty much top player in equities market makers. They are also called HFT players, because this is the nature of cash equities these days.
- internally a market makers has a multitude of algorithms for pooling and matching orders to maximize profit for them and be the most competitive in terms of spread for clients(otherwise they lose business).
- it so happens they love retail orders because of a phenomenon called āadverse selectionā, basically they are organic vs. institutions orders which can arbitrage them and do all sort of tricks to minimize market impact.
- in order to encourage retail flow, they provide rebates to the broker who route the orders. This is a legal practice in the US.
- they are not front running the retail orders. That is illegal.
- there are best execution rules that all brokers must comply with, so theyāre not cheating the customers systematically.
- Can FT and other UK fin-techs provide dealing in US shares by avoiding HFTs/Market Makers like Citadel ? Donāt think so. Can they avoid any broker that gets rebates for routing order flow ? I have no idea.
In that video there is a lot faff made about dark pools and stories form Flash Boys, but at some point a lot of the investment banks were running dark pools and been caught cheating the customers by abusing the last look rules and so on, so a lot of that stuff has been clamped down on.
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The issue is everyone doesnāt want to trawl through a discussion to find that number. It is a pain.
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I know it really is,keeps me awake at night 
Mate registered yesterday evening: 5125xx
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Apologies to continue the off-topic conversation, but I think this is an important point to clarify:
Our US broker-dealer is wired differently when it comes to comparisons with other larger US brokers and how they route their orders. Freetrade uses DriveWealth Institutional which routes orders directly to the floor of the NYSE (Cuttone and Co in their legal filings, which was recently acquired by DriveWealth).
This does not preclude the use of market makers in exceptional circumstances, but the vast majority of orders go direct to the NYSE.
To be absolutely clear, we do not receive payment for any customer order flow. Your orders are routed in order to achieve the best possible price for you.
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I think people are implying that, sure, Freetrade donāt, but maybe Drivewealth does (and doesnāt pass any on to you).
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