From 0000 to 100K 497 days
From 100K to 200K 152 days
From 200K to 300K 159 days
From 300K to 400K 43 days
From 400K to 500K 03 days (GME)
From 500K to 600K 29 days
From 600K to 700K 66 days
Leaving aside European expansion (which would strongly boost the numbers), taking as a reference the current rate of 1500 new daily users, FT would reach 1 MILLION USERS by the end of November.
Seem to have moved a bit higher i the App Store charts. T 212 at 28. Generally have been in the 20s over recent weeks with T212 just ahead despite being closed to new users still. Back inside top 200 on all apps at 183.
Not sure if advertising is picking up or Tesla share offer/ other.
Given Trade Republic’s 900 mm war chest, it will be very difficult for ft to compete in Europe unfortunately. They were too slow to launch there and have been promising for last 3 years. Now it’s probably too late.
I wouldn’t say it’s too late as TR don’t have any dominance yet, but I agree with that amount of cash it’s unlikely as Adam put “eat the competition” it’s more likely they will eat FT.
I’m under the impression that brokers have been around for decades. They all been established at different points in time. Brokerage is not a new field. The emergence of Trade Republic is normal. It’s not to be dismissed. And it’s not the end of the world. Without Trade Republic there would be competition. With Trade Republic there’s competition. That’s life. And that’s good I think